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Hung Phu Industrial Park: Spearhead of attracting high-tech investment in the South of Thai Binh

Hung Phu Industrial Park is a new bright spot on the industrial map of Thai Binh. The project is expected to become the nucleus to attract high-tech investment, creating a breakthrough in development for the Tien Hai coastal area. With a large area, synchronous infrastructure, integrated river ports and orientation to attract environmentally friendly industries, Hung Phu Industrial Park will open up cooperation opportunities, contributing to raising the local economy.

Báo Thái BìnhBáo Thái Bình12/05/2025

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Golden advantage

Located in the two communes of Nam Hung and Nam Phu (Tien Hai), Hung Phu Industrial Park (IP) possesses a strategic position on the southern development axis of Thai Binh , where favorable conditions of time, place and people converge to form a new industrial growth pole. With a planning scale of 350 hectares, a total investment of nearly 2,000 billion VND invested by Geleximco Hung Phu Industrial Park Joint Stock Company, the project not only carries great expectations of the province but is also an ideal choice for investors looking for a land of long-term profit and sustainable development.

The outstanding difference of Hung Phu Industrial Park is the advantage of traffic and logistics connection. Located next to the first-class inland waterway of the Red River, the Industrial Park has favorable conditions to build a river port system within the area, helping to reduce the cost of transporting goods, quickly connecting with major production and consumption centers such as Hanoi , Hai Phong, Quang Ninh and to international seaports. In the context of logistics costs being a big problem for businesses, integrating river ports into the infrastructure of the Industrial Park is an advantage that few Industrial Parks have.

Not only has a beautiful location, Hung Phu is also systematically planned by investors in a multi-industry direction, prioritizing attracting high-tech, clean and environmentally friendly industries. Internal technical infrastructure will be invested synchronously and modernly with traffic systems, water supply and drainage, wastewater treatment, electricity supply and telecommunications ready to welcome secondary investors with large-scale factories. Notably, the investment cost for technical infrastructure here is up to nearly 1,000 billion VND, a figure that clearly demonstrates the investor's strong commitment to building a high-quality, efficient and sustainable investment environment.

With a vision of sustainable development, harmony between industry - environment - people, Hung Phu Industrial Park becomes an ideal production space, and at the same time is the nucleus promoting the development of the southern economic zone of Tien Hai district and Thai Binh province. This will be a fertile land for strategic enterprises, especially in the fields of automobile manufacturing, precision mechanics, electronics, supporting industries and green technology.

Accompany the project

In order for the Hung Phu Industrial Park project to come into operation soon, Tien Hai district identified site clearance as the key and top priority task. The entire political system took part with a determined and responsible spirit, accompanying the investor to ensure the set progress. Propaganda and mobilization work was effectively implemented according to the motto "people know, people discuss, people do, people inspect". The government went to each household, listened, explained, and created trust. Clear compensation policies and satisfactory resettlement support helped people feel secure in handing over land for the project. Mr. Pham Van Thanh, a resident of Loc Trung village, Nam Hung commune, shared: We understand that when the industrial park is formed, local people will have job opportunities with stable incomes, and their children will not have to go far away to work. That is what we have long wanted.

According to Tien Hai District People's Committee, the agricultural land inventory has been basically completed, many households have received compensation, and are ready to hand over clean land. The district also closely coordinates with the investor in measurement and techniques, ensuring strict legality, correct procedures and progress. Mr. Bui Tuan Anh, Vice Chairman of the District People's Committee affirmed: We are committed to always accompanying the investor, promptly resolving any arising problems. Hung Phu Industrial Park is a great driving force for the development of the district and the province, so the district will create the most favorable conditions for the project to be implemented on schedule.

New impetus for development

Not simply a modern industrial park, Hung Phu also carries the strategic mission of becoming the nucleus to promote the development of the southern region of Thai Binh province. In particular, in the context that the province is focusing on synchronously implementing Resolution 30-NQ/TW, dated November 23, 2022 of the Politburo on socio-economic development and ensuring national defense and security in the Red River Delta region to 2030, with a vision to 2045 as well as the orientation to develop the coastal economic zone into a new growth engine, Hung Phu Industrial Park is an indispensable "piece". With its location in the coastal economic corridor, directly connected to major roads and inland river ports, Hung Phu Industrial Park plays a lever role in activating the widespread industrial - service - urbanization value chain.

Hung Phu is also expected to be a strategic lever in the overall development of the Thai Binh coastal region. When put into operation, the industrial park will create tens of thousands of jobs, contribute to increasing income, retaining local workers, and at the same time promote the development of medical services, education, trade, workers' housing, etc.

Mr. Dang Van Bac, Deputy Head of the Provincial Economic Zone and Industrial Park Management Board, said: We have high expectations for this project. Hung Phu Industrial Park is well-planned, the investor has strong capacity, long-term strategy and international vision. This will be a model industrial park in terms of technology, environment and efficiency. In particular, the industrial park will be the nucleus of high-tech industrial development, creating a strong shift for Tien Hai in particular and Thai Binh in general. A project that is meaningful not only in terms of economy but also in terms of long-term strategy in restructuring the economy, attracting investment and developing human resources.

That belief and expectation not only comes from the government but also spreads to each resident in the project area, who are looking forward to a changing future when the peaceful coastal land becomes a modern, dynamic, and sustainably developed industrial land. A prosperous future is opening up from this very land - the land that is transforming into a new growth pole in the South of Thai Binh province.

The contractor mobilized machinery, vehicles and human resources to the construction site to speed up the investment progress of Hung Phu Industrial Park's technical infrastructure.

Khac Duan

Source: https://baothaibinh.com.vn/tin-tuc/4/223639/khu-cong-nghiep-hung-phu-mui-nhon-thu-hut-du-tu-cong-nghe-cao-phia-nam-thai-binh


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