Over 11 trillion VND invested in infrastructure of Phu Binh Industrial Park

Mr. Nguyen Thanh Binh, Standing Vice Chairman of Thai Nguyen Provincial People's Committee, has just signed the Decision on investment policy for the Project of construction and business of infrastructure of Phu Binh Industrial Park.

created, the Provincial People's Committee approved the investment policy of the Phu Binh Industrial Park Infrastructure Investment and Business Project, and approved the investor as Kinh Bac Urban Development Company - JSC. The objective of the Project is to invest in the construction and completion of the industrial park's technical infrastructure to create a land fund for re-lease, build factories for sale and lease; trade in infrastructure items and provide other related services in the industrial park.

The land use area of ​​the Project is 675 hectares; the total investment capital is over 11,492 billion VND, of which the investor's capital contribution is over 1,723 billion VND, accounting for 15% of the total investment capital, the rest is credit institution loans and mobilized capital.

The Project's duration is 50 years from the date of investment policy approval. The Project will be implemented in Phu Binh, Kha Son and Tan Thanh communes, Thai Nguyen province; the implementation progress will not exceed 60 months from the date of land handover by the State.

Phu Binh Industrial Park Project is located in the Southeast of Thai Nguyen province, about 30km from the provincial administrative center. The project connects external traffic with Ring Road 5 - Hanoi (CT.39), an important external traffic axis, planned as a 6-lane highway; 750m from the existing National Highway 37 to Bac Giang .

Phu Binh Industrial Park mainly attracts high-tech, automation, and electronics industries; clean, environmentally friendly, resource-saving, high value-added, and low-pollution industries.

The project was implemented to help Thai Nguyen province increase its industrial land fund to promote investment attraction, create more jobs for local workers; contribute to shifting the economic towards structure increasing the proportion of industry, promoting socio-economic development of Thai Nguyen province and the region.

Source: https://baothainguyen.vn/lanh-te/202507/tren-11-nghin-ty-dong-dau-tu-ha-tang-khu-cong-nghiep-phu-binh-352189e/