Cooperation - Investment

Quyet Thang commune to have another industrial cluster with over 750 billion VND in investment

PHAM CUONG 17/09/2025 14:07

Tien Cuong III industrial cluster will cover an area of nearly 55.1 ha in Quyet Thang commune, Hai Phong city, with a total investment of 750.6 billion VND.

Phối cảnh Cụm công nghiệp Tiên Cường III có tổng mức đầu tư 750,6 tỷ đồng.
Perspective of Tien Cuong III industrial cluster with a total investment of 750.6 billion VND

Vice Chairman of the Hai Phong People’s Committee Hoang Minh Cuong has signed a decision on the establishment of Tien Cuong III industrial cluster in Quyet Thang commune, with a scale of 57.2 ha.

The industrial cluster will cover nearly 55.1 ha, and the remaining 2.1 ha will be used for shared roads, renovated canal land and protective corridors. The total investment is 750.6 billion VND.

The investor is Tien Phat Industrial Park Infrastructure Investment JSC. The project’s operating term is 50 years from the date of the land lease decision.

Công ty CP Đầu tư hạ tầng Khu công nghiệp Tiến Phát hiện là chủ đầu tư Cụm công nghiệp Tiên Cường II, được khai trương vào dịp 13/5 vừa qua.
Tien Phat Industrial Park Infrastructure Investment JSC. is the investor of Tien Cuong II industrial cluster, which was inaugurated on May 13

Tien Cuong III industrial cluster is oriented to become a multi-sector general industrial cluster, mainly processing and manufacturing industries, and clean industries such as production of electrical and electronic products, computers, optical products; high-tech supporting industries; processing and manufacturing technology; automobile and motor vehicle production; machinery and equipment; food processing (excluding seafood); beverage production (excluding alcoholic beverages); textile, garment, and leather production; transportation vehicles, warehousing services, logistics...

According to the implementation schedule, from the third quarter of 2025 to the third quarter of 2026, the investor will carry out site clearance; from the fourth quarter of 2026 to the first quarter of 2028, technical infrastructure will be built and completed to put the project into operation.

As of now, Quyet Thang commune has planned and constructed four industrial clusters, including Tien Cuong I, Tien Cuong II, Tien Cuong III and Dai Thang.

PHAM CUONG

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Quyet Thang commune to have another industrial cluster with over 750 billion VND in investment