The project is designed to accommodate businesses in supporting industries, electronics and electrical equipment, mechanical engineering and manufacturing, automotive and motorcycle components, technical services and logistics.
The industrial park in Diem Thuy Commune, Bach Quang Ward and Pho Yen Ward, will have a 50-year operating term from 2025 to 2075. Construction is scheduled for 2026-2028, with land sales and handovers expected to begin in April 2027. The project is being developed by Stavian Industrial Park Thai Nguyen, a member of Stavian Group.
The ceremony was attended by Vuong Quoc Tuan, Member of the Central Committee of the Communist Party of Vietnam, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Committee; leaders of provincial departments, agencies and local authorities; and representatives of the project developer, contractors, partners and local residents.
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Thuong Dinh Industrial Park Infrastructure Investment, Construction and Business Project in Thai Nguyen Province. Photo courtesy of Stavian Group |
Its main entrance is connected to the Hanoi–Thai Nguyen Expressway and the secondary entrance linked to National Highway 37. The developer says the location provides access to Hanoi, Thai Nguyen City, Noi Bai International Airport, Hai Phong Port and the Huu Nghi-Lang Son border gate.
The project will include a 35 MVA power supply system, water supply capacity of 4,500 cubic meters per day and a wastewater treatment plant with a capacity of 3,000 cubic meters per day, along with fire protection and telecommunications systems.
The industrial park is expected to provide about 90 hectares of leasable industrial land for factories, warehouses and production facilities, as well as ready-built factories, warehouses and parking areas.
The developer will also offer services including legal and investment consultancy, design and construction, customs and logistics, green energy solutions, and recruitment and workforce training.
The project is aligned with a plan issued by the Thai Nguyen Provincial Party Committee in December 2025, which outlines the province’s industrial development priorities for 2026-2030, including greener and more advanced manufacturing.
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Dinh Duc Thang, Chairman of Stavian Group and representative of the project investor, speaks at the event. Photo courtesy of Stavian Group |
Stavian Group said the project forms part of its broader infrastructure strategy across four key pillars: Industry, Technology, Energy and Trading, with a vision to become a Top 500 global enterprise, creating prosperity and advancing a sustainable future
“With Thuong Dinh Industrial Park, we aim not only to develop an industrial park with integrated infrastructure but also to build an industrial ecosystem capable of supporting investors throughout project implementation and operations,” said Tony Dinh Duc Thang, chairman of the group.
“We are committed to mobilizing resources and working closely with consultants, contractors, and partners to ensure quality, progress, safety, and full compliance with applicable regulations, while balancing business efficiency with the interests of our partners, local communities, and the sustainable development goals of the province.”
According to the developer, the project is expected to attract manufacturers, support the development of supporting industries and create jobs in Thai Nguyen.