According to the decision, Nam Thai industrial cluster has an area of ​​49.78 hectares in Nam Thai commune, Nam Truc district, Nam Dinh province. The progress of the technical infrastructure construction investment project is expected to start in the second quarter of 2026.

The investor in the construction of technical infrastructure is Nam Thai Joint Stock Company with a total investment capital of more than 600 billion VND.

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The main business lines of Nam Thai Industrial Cluster include: production and processing of agricultural products, food, and foodstuffs; production of medicines, pharmaceutical chemicals, and medicinal materials; production and assembly of electrical and electronic equipment; production of household appliances; high-tech mechanics; production and assembly of automobiles, motorbikes, machinery and equipment; construction materials; production of rubber and plastic products; metal production; wood processing; handicrafts; manufacturing of plastic products; supporting and auxiliary industries and other processing and manufacturing industries...

Nam Thai Industrial Park has an operating period of 50 years and enjoys investment incentives according to Decree No. 32/2024/ND-CP of the Government on management and development of industrial parks and other support policies according to law. The conditions for applying incentives are linked to the full implementation of investment procedures, environmental protection, fire prevention and fighting, security and order, and ensuring construction progress.

The Nam Dinh Provincial People's Committee also stipulates the specific responsibilities of the technical infrastructure investor to fully comply with legal regulations related to investment, land, environment, construction, labor, etc.; implement the project on schedule as committed; only allow secondary investors to re-lease after completing the infrastructure and wastewater treatment system. Departments and branches: Industry and Trade, Finance, Construction, Agriculture and Environment; Provincial Police, etc. are assigned the responsibility of guiding, coordinating, supervising and advising the Provincial People's Committee during the implementation process. The Nam Truc District People's Committee coordinates with communes and towns to effectively carry out site clearance work, ensuring the project's commencement schedule.

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Mr. Tran Ngoc Dinh - Chairman of the Board of Directors of Nam Thai Joint Venture Joint Stock Company

Mr. Tran Ngoc Dinh - Chairman of the Board of Directors of Nam Thai Joint Stock Company - Investor of Nam Thai Industrial Park affirmed: "The establishment of Nam Thai Industrial Park helps Nam Truc district attract strong investment capital, promote economic restructuring towards industrialization, and gradually reduce dependence on agriculture. Enterprises investing in the industrial park will contribute greatly to local budget revenue through taxes, fees and charges".

In addition, when put into operation, Nam Thai Industrial Park is expected to attract thousands of local workers, helping to solve employment problems and improve people's living standards. Industries in the industrial park will create many job opportunities at different levels, from unskilled to highly skilled workers.

In addition, the emergence of Nam Thai Industrial Park has led to the development of supporting service industries such as transportation, material supply, food and beverage services, accommodation, etc. Thereby, contributing to supporting Nam Thai commune not only in industrial development but also in expanding the economic ecosystem, creating a solid foundation for long-term development.

It is known that the establishment of Nam Thai Industrial Park is in the direction of promoting rural industrial development, effectively utilizing land funds, attracting investment, creating jobs and increasing budget revenue. At the same time, this is also a step demonstrating the high political determination of Nam Dinh province in improving the investment environment, expanding the space for industrial development in a green, sustainable direction, in line with the trend of shifting supply chains and developing linked regions.

Nam Thai Industrial Park is expected to not only contribute to increasing industrial production capacity, but also create jobs and promote economic restructuring in Nam Truc district in particular and the province in general. With a favorable location, modern infrastructure and attractive incentive mechanisms, Nam Thai Industrial Park promises to become an ideal destination for domestic and foreign enterprises.

Source: https://vietnamnet.vn/thanh-lap-cum-cong-nghiep-nam-thai-voi-tong-von-dau-tu-hon-600-ty-dong-2409012.html