Saigon - Nhon Hoi Company invests in Cat Hanh Industrial Park with capital of over 432 billion VND

Saigon – Nhon Hoi Industrial Park Joint Stock Company has just been approved as the investor of the 70-hectare Cat Hanh Industrial Cluster with a capital of over VND432 billion in Phu Cat District. Cat Hanh Industrial Cluster will be operational by the end of 2026.

Ms. Nguyen Thi Mai Thao, Deputy General Director of Saigon - Nhon Hoi Industrial Park Joint Stock Company received the investment memorandum of understanding for the Cat Hanh Industrial Cluster Project.

The People's Committee of Binh Dinh province has just issued a decision to establish Cat Hanh Industrial Cluster. Accordingly, the investor in building technical infrastructure is Saigon - Nhon Hoi Industrial Park Joint Stock Company (SNP).

Cat Hanh Industrial Cluster has an area of 70 hectares in Tan Hoa Nam village, Cat Hanh commune, Phu Cat district. The project has a total investment of more than 432 billion VND (the investor's capital is more than 97.8 billion VND, the rest is mobilized capital).

Cat Hanh Industrial Cluster is oriented to attract industries in processing agricultural and forestry products; manufacturing interior and exterior furniture from wood, plastic, metal and recycled materials; manufacturing garments, weaving, dyeing; manufacturing accessories and components for the textile, precision engineering, and automobile industries; manufacturing packaging and industrial printing; manufacturing energy pellets; producing organic fertilizers and microbial fertilizers for clean agriculture ; warehousing business and other industries.

Regarding progress, the investor will complete legal procedures for project investment in November 2025, start construction in December 2025, and complete and put the project into operation by December 2026.

Binh Dinh Provincial People's Committee mentioned that after 12 months from the date of being selected as the investor of the industrial park, if the investor does not implement or is unable to implement the technical infrastructure construction investment project according to the registered schedule without a valid reason, the project will be revoked.

At the same time, during the construction process, investors are not allowed to transfer the project in any form (including by selling shares) without the approval of Binh Dinh Provincial People's Committee. If the investor transfers the project without permission, the Department of Industry and Trade will consider reporting and proposing the Provincial People's Committee to revoke the investment project.

Previously, on March 28, 2025, at the Binh Dinh Investment Promotion Conference 2025, the People's Committee of Binh Dinh province awarded the memorandum of understanding on the Cat Hanh Industrial Cluster Technical Infrastructure Construction Project with a total registered capital of VND 420 billion to the investor, Saigon - Nhon Hoi Industrial Park Joint Stock Company.

Saigon - Nhon Hoi Industrial Park Joint Stock Company (SNP) is headquartered in Nhon Hoi Industrial Park - Area A, Nhon Hoi Commune, Quy Nhon City. SNP is currently the investor of Nhon Hoi Industrial Park - Area A, covering an area of 394 hectares in Quy Nhon City (located in Nhon Hoi Economic Zone).

On May 8, 2025, Saigon - Nhon Hoi Industrial Park Joint Stock Company sent a document to the People's Committee of Binh Dinh province requesting to be the investor in building and operating the infrastructure of Cat Trinh Industrial Park (368 hectares, Phu Cat district).

Source: https://baodautu.vn/cong-ty-sai-gon---nhon-hoi-dau-tu-cum-cong-nghiep-cat-hanh-von-hon-432-ty-dong-d311482.html