With a scale of more than 400 hectares and a total investment of VND6,204 billion, the Hoa Ninh Industrial Park (IP) project is expected to become one of the most modern IPs in Viet Nam’s central region, attracting high-tech, environmentally friendly industries, creating thousands of quality jobs for people. This was emphasized by Chairman of the Da Nang People's Committee Le Trung Chinh at the launching ceremony of the Hoa Ninh Industrial Park (IP) Infrastructure investment and business project held on Tuesday.

Standing Deputy Secretary of the Da Nang Party Committee Nguyen Dinh Vinh (left) and Chairman of the Da Nang People’s Committee Le Trung Chinh (right) presented the decision of the Da Nang People's Committee approving the Thanh Binh Phu My JSC as the Hoa Ninh IP project investor. Photo: TRONG HUNG

The announcement ceremony was organised by the Da Nang People's Committee, the Authority  of the Da Nang High-tech Park and Industrial Zones (DHPIZA) and Thanh Binh Phu My JSC, with the participation of Deputy Minister of Construction Nguyen Tuong Van; Standing Deputy Secretary of the Da Nang Party Committee Nguyen Dinh Vinh; Chairman of the Da Nang People's Committee Le Trung Chinh; Chairman of the Da Nang People's Council Ngo Xuan Thang; Chairman of the Viet Nam Fatherland Front Committee of Da Nang Le Van Trung.

New step forward in industrial park development in Da Nang

The Hoa Ninh IP project, whose investor is the Thanh Binh Phu My JSC, was approved by the Prime Minister in Decision No. 1693/QD-TTg dated December 31, 2024. The Da Nang People's Committee approved the investor in Decision No. 398/QD-UBND dated February 11, 2025 and DHPIZA issued the Investment Registration Certificate on February 18, 2025.

Accordingly, the Hoa Ninh IP project has a scale of 400.02 hectares and a total investment of VND 6,204 billion, promising to become a modern, sustainable and environmentally friendly IP. The project will be developed according to the industrial symbiosis model and apply information technology (IT) in management and operation, meeting international standards on green energy and ESG (Environmental, Social, and Governance).

Ms. Nguyen Thi Thao Nhi, Chairwoman of the Board of Directors and General Director of Thanh Binh Phu My JSC, said that the Hoa Ninh IP has a strategic location because it is only about 10km from the under-construction Lien Chieu deep-water port and the liquid cargo port warehouse that is being planned for investment.

The Thanh Binh Phu My JSC is committed to mobilising all financial, human and technical resources to implement the Hoa Ninh IP project on schedule, ensuring quality, efficiency and sustainable development.

The company also asked for support from the Da Nang People’s Committee and relevant agencies in terms of site clearance, essential infrastructure such as electricity, water, gas and telecommunications.

With experience from previous projects, Ms. Nhi said that this enterprise will cooperate with reputable domestic and foreign partners to build the Hoa Ninh IP into a modern, sustainable industrial park, with an interwoven ecosystem, optimising logistics costs and increasing supply chain connectivity, contributing to the growth of Da Nang and affirming its position as an industrial centre of the central region.

Leaders of the Vietnamese Ministry of Construction and leaders of Da Nang, together with the Thanh Binh Phu My JSC, perform the ceremony to press the button to start the project. Photo: TRONG HUNG

Create the most favourable conditions for the project implementation

Speaking at the ceremony, Chairman of the Da Nang People's Committee Le Trung Chinh said that the Hoa Ninh IP is not only a large-scale investment project but also a testament to Da Nang’s continuous efforts in attracting investment, developing sustainable industry and creating momentum for economic growth.

The Hoa Ninh IP invested by Thanh Binh Phu My JSC, will become one of the most modern IPs in central region, attracting high-tech, environmentally friendly industries, creating thousands of quality jobs for the people. In addition, the project also promotes the supply chain, creating momentum for common development, while creating positive spillovers to other economic sectors such as trade, services, logistics, tourism and aviation.

This is also an important step in the strategy to develop Da Nang into an economic - industrial - commercial hub of the central region and Viet Nam as a whole. “We believe that the project will be implemented effectively, becoming a bright spot on Viet Nam’s industrial map, contributing positively to Da Nang’s socio-economic development.”, emphasized Chairman of the Da Nang People's Committee Le Trung Chinh.

The Da Nang administration chief also pledged to continue to create the most favourable conditions for the project to be implemented smoothly, ensuring progress and efficiency. In the coming time, the municipal administration will provide maximum support in the legal stages, in tandem with strengthening administrative reforms, improving the open and transparent investment environment, helping businesses and investors feel secure in implementing projects in the city.

Also at the ceremony, the municipal government handed over Decision No. 1693/QD-TTg of the Prime Minister on approving the investment policy of the the Hoa Ninh IP infrastructure construction and business project and Decision No. 398/QD-UBND of the Da Nang People’s Committee on approving the Thanh Binh Phu My JSC as the investor to implement the Hoa Ninh IP infrastructure construction and business project. On this occasion, a representative of the Thanh Binh Phu My JSC presented VND 500 million to poor and disadvantaged households in Hoa Ninh Commune, Hoa Vang District.

Reporting by TRONG HUNG - Translating by A.THU