Phu Tho breaks through industrial infrastructure, attracts strategic investors

Identifying industry as the core driving force to promote socio-economic development and improve people's lives, Phu Tho has proactively planned systematically and invested heavily in infrastructure. According to the provincial planning for the period 2021 - 2030, with a vision to 2050 of the three provinces of Phu Tho, Hoa Binh , and Vinh Phuc (old) approved by the Prime Minister, by 2050, the whole region will have 58 industrial parks (IPs). By the end of September 2025, Phu Tho had established 28 IPs with a total area of over 5,800 hectares. Of the remaining 30 IPs (land use scale by 2030 of over 7,437 hectares), 8 IPs have had their zoning plans approved, serving as the basis for investment policy approval; the remaining 22 IPs have not had their planning approved.

Ba Thien II Industrial Park is the destination of strategic investors.

In particular, after the rearrangement of administrative boundaries, industrial planning has been adjusted towards regional concentration and linkage. Industrial zones such as Phu Ha, Trung Ha, Phu Ninh, Thang Long Vinh Phuc , Ba Thien II, Song Lo II... are receiving strong investment in transport infrastructure, electricity, water, telecommunications and logistics, ready to receive investment capital in the fields of processing - manufacturing, electronics, precision mechanics and supporting industries.

Located on the economic development axis of the North, Phu Tho has convenient connections to major centers via Noi Bai - Lao Cai highway, National Highway 2, National Highway 32C... shortening the time of transporting goods to Hanoi, Noi Bai airport, Hai Phong port and key industrial centers.

Along with that, the province has a young, abundant labor force with competitive costs - a big advantage compared to many provinces and cities in the region. In particular, Phu Tho implements flexible investment attraction policies such as exemption/reduction of corporate income tax; support for land lease and site clearance; training and recruitment of workers according to business requirements; investment in infrastructure at the foot of the project; support for one-stop administrative procedures. The Industrial Park Management Board and the Provincial Investment Promotion and Enterprise Support Center operate effectively, acting as a direct bridge between the government and businesses throughout the project life cycle.

By 2030, Phu Tho aims to become a high-quality industrial - commercial - logistics - tourism - healthcare - training center of the Northern midland and mountainous region. The province prioritizes the development of high-tech, environmentally friendly industries, deeply participating in the global supply chain. New industrial parks are invested in a green - smart - sustainable model, applying digital technology and high automation.

One of the typical projects is Nam Binh Xuyen Green Park Industrial Park (Binh Nguyen and Xuan Lang communes) with a total area of 295.7 hectares, invested by CNCTech Industrial - one of the leading industrial infrastructure developers in Vietnam. Sharing about the project, Mr. Nguyen Van Hung, Chairman of CNCTech Group, said: Nam Binh Xuyen Green Park Industrial Park is planned according to the green - smart - sustainable model, integrating modern infrastructure and advanced technology. The project applies ERP, WMS, MES operation management systems, integrating AI and IoT; deploying the "One-stop service" model to comprehensively support investors; at the same time, connecting directly with the logistics ecosystem, forming a smart - efficient - sustainable supply chain. In particular, the location near the super port Vietnam SuperPortTM - ICD Vinh Phuc further increases competitive advantages, helping to form a complete industrial - logistics - service ecosystem, convenient for businesses in the global supply chain.

With its strategic location and modern infrastructure, Ba Thien II Industrial Park is becoming a model of “green - modern - sustainable” industrial development, attracting a large number of domestic and foreign investors. Mr. Trinh Van Quang, CEO of Vina CPK Joint Stock Company - the investor of the industrial park infrastructure, said: Out of a total area of nearly 309 hectares, more than 270 hectares have been handed over, bringing the occupancy rate to about 98%. The project attracts 76 investors, including 71 FDI enterprises, including many global brands such as Polaris (USA), Nippon Paint (Japan), Assa Abloy (Sweden), VPIC1 (Taiwan) ... creating a vibrant multinational manufacturing community.

Not only providing production space, Ba Thien II Industrial Park also focuses on environmental factors with a campus covered with trees and grass, and a scientifically planned internal traffic system. In particular, the wastewater treatment plant with a capacity of 10,000 m3/day/night, using Japanese and Singaporean technology, ensures to meet international standards in accordance with the strict requirements of high-tech industries. Currently, the Industrial Park creates stable jobs for more than 25,000 workers, most of whom are local people, contributing to increasing income, promoting the development of services, housing, education and social infrastructure in the area.

Thanks to the right orientation and attractive investment environment, over the past 5 years, Phu Tho has attracted nearly 600 domestic projects with a total registered capital of more than 171 trillion VND and 230 FDI projects with a total capital of over 3.5 billion USD. The number of enterprises operating in the province has exceeded 37,500. Total budget revenue for the 2020 - 2025 period reached nearly 245 trillion VND, with 2025 alone estimated at 52 trillion VND.

Mr. Hoang Long Bien, Head of the Provincial Industrial Park Management Board, said: “We always accompany businesses from survey, licensing to operation, with the goal of building a stable, transparent, and friendly investment environment. Phu Tho commits to creating the most favorable conditions for investors to feel secure in long-term production according to the motto: Government creates, businesses accompany, investors succeed”.

Van Cuong

Source: https://baophutho.vn/phu-tho-but-pha-ha-tang-cong-nghiep-thu-hut-nha-dau-tu-chien-luoc-241611.htm