Phu Tho breaks through industrial infrastructure, attracts strategic investors

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

Ba Thien II Industrial Park is a destination for strategic investors.

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

Located on the Northern economic development axis, Phu Tho boasts convenient connections to major centers via the Noi Bai - Lao Cai expressway, National Highway 2, National Highway 32C, etc., shortening transportation time for goods to Hanoi, Noi Bai airport, Hai Phong port, and key industrial centers.

Furthermore, the province has a young, abundant workforce with competitive costs – a significant 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 labor according to business requirements; investment in infrastructure right up to the project site; and support for one-stop administrative procedures. The Management Board of Industrial Parks and the Provincial Investment Promotion and Business Support Center operate effectively, acting as a direct bridge between the government and businesses throughout the project lifecycle.

By 2030, Phu Tho aims to become a high-quality industrial, commercial, logistics, tourism, healthcare, and training center in the northern midland and mountainous region. The province prioritizes the development of high-tech, environmentally friendly industries and deep participation in global supply chains. New industrial parks will be invested in according to a green, smart, and sustainable model, applying digital technology and high levels of automation.

One of the flagship projects is the Nam Binh Xuyen Green Park Industrial Park (located in Binh Nguyen and Xuan Lang communes), covering a total area of 295.7 hectares, developed by CNCTech Industrial, one of Vietnam's leading industrial infrastructure developers. Sharing insights on the project, Mr. Nguyen Van Hung, Chairman of CNCTech Group, stated: "The Nam Binh Xuyen Green Park Industrial Park is planned according to a green, smart, and sustainable model, integrating modern infrastructure and advanced technology. The project applies ERP, WMS, and MES operational management systems, integrating AI and IoT; implements a 'One-stop service' model to provide comprehensive support for investors; and directly connects with the logistics ecosystem, forming a smart, efficient, and sustainable supply chain. In particular, its proximity to the Vietnam SuperPort™ - ICD Vinh Phuc further enhances its competitive advantage, helping to form a comprehensive industrial-logistics-service ecosystem, facilitating businesses in the global supply chain."

With its strategic location and modern infrastructure, Ba Thien II Industrial Park is becoming a model for "green, modern, and sustainable" industrial development, attracting numerous domestic and foreign investors. Mr. Trinh Van Quang, CEO of Vina CPK Joint Stock Company – the industrial park's infrastructure investor – stated: Of the total area of nearly 309 hectares, over 270 hectares have already been handed over, bringing the occupancy rate to approximately 98%. The project has attracted 76 investors, including 71 FDI enterprises, comprising many global brands such as Polaris (USA), Nippon Paint (Japan), Assa Abloy (Sweden), VPIC1 (Taiwan), etc., creating a vibrant multinational manufacturing community.

Beyond providing production space, Ba Thien II Industrial Park also prioritizes environmental factors with green spaces and lawns, and a scientifically planned internal transportation system. Notably, the wastewater treatment plant, with a capacity of 10,000 m3/day, utilizes Japanese and Singaporean technology, ensuring compliance with international standards and the stringent requirements of high-tech industries. Currently, the industrial park provides stable employment for over 25,000 workers, mostly locals, contributing to increased income and promoting the development of services, housing, education, and social infrastructure in the area.

Thanks to sound strategic direction and an attractive investment environment, over the past five years, Phu Tho province has attracted nearly 600 domestic projects with a total registered capital of over 171 trillion VND and 230 FDI projects with a total capital of over 3.5 billion USD. The number of operating businesses in the province has exceeded 37,500. Total budget revenue for the period 2020-2025 is projected to reach nearly 245 trillion VND, with an estimated 52 trillion VND in 2025 alone.

Mr. Hoang Long Bien, Head of the Provincial Industrial Parks Management Board, said: “We always accompany businesses from surveying and licensing to operation, with the goal of building a stable, transparent, and friendly investment environment. Phu Tho is committed to creating the most favorable conditions for investors to confidently produce in the long term, following the motto: The government creates, businesses cooperate, and 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