Hưng Yên Province plans to allocate 4,788ha of land to develop 13 newly planned potential industrial parks (IPs), according to the province’s master plan through to 2050.

They include many large IPs such as Phù Cừ IP with an area of ​​544ha, Tiên Lữ - Kim Động - Ân Thi IP on an area of ​​460ha and Ân Thi I IP with a scale of 450ha.

By 2030, Hưng Yên will have 30 IPs on a total area of ​​about 9,589ha, including 17 IPs under planning approved by the Prime Minister and 13 newly-planned IPs.

The northern province of Hưng Yên is aiming to become a modern industrial locality by 2030.

Priority will be given to high-tech industries such as electronics production, telecommunications, semiconductor chips, software manufacturing, digital products, high-quality food production and processing and bio-technology.

To that end, it will develop large-scale IPs with modern infrastructure, meeting international standards and sustainable development requirements.

According to Vũ Quốc Nghị, head of the Management Board of Industrial Parks of Hưng Yên Province, the province will focus on increase efficiency of activities attracting investment, especially large investors. 

The province will prioritise attracting investment for environmentally-friendly and high value-added industries and improving the economic efficiency and the occupancy of IPs.

At the same time, it will also increase competitiveness of IPs, form large-scale industry clusters and accelerate the construction progress of infrastructure in IPs that their investment policies are approved by the Prime Minister.

Notably after 2030, five more potential parks with a total area of ​​2,460 hectares are being planned, including a potential industrial area in Kim Động - Khoái Châu, with an estimated scale of 1,400ha. — VNS