STRATEGIC TURNING POINT: THANH BINH PHU MY JOINT STOCK COMPANY BREAKS GROUND ON THE KEY HOA NINH IP PROJECT, SHAPING A GREEN INDUSTRIAL CORRIDOR IN DA NANG

On the morning of July 29th, 2026, Thanh Binh Phu My JSC officially hold the groundbreaking ceremony for the Hoa Ninh Industrial Park (Phu My 3 Da Nang IP) project, which spans a scale of 400 hectares and boasts a total investment of over 6,204 billion VND. This event not only marks the commencement of a pivotal industrial project in Da Nang city but also users in a new phase of development for Thanh Binh Phu My in the journey to expand its industrial park and logistics ecosystem nationwide.

Groundbreaking Ceremony of Hoa Ninh Industrial Park (Phu My 3 Da Nang IP)
This represents a strategic step forward, following more than 15 years of success in developing the Phu My 3 Specialized Industrial Park. This eco-industrial park model, intrinsically linked with a deep-water seaport, logistics, and comprehensive investor support services, has become the preferred destination for numerous multinational corporations. The extensive experience accumulated throughout the development and operation of Phu My 3 serves as the solid foundation for the enterprise to continue realizing its ambitious vision in Da Nang.

Affirming Capabilities from a Proven Industrial Ecosystem

The choice of Da Nang was not an isolated decision, but rather a strategic move of Thanh Binh Phu My's development strategy aimed at spreading the new-generation industrial park model to Vietnam's dynamic economic zones.

With over 15 years of experience, Thanh Binh Phu My JSC has firmly demonstrated its capacity in developing and operating industrial park infrastructure through the Phu My 3 SIP. Beyond investing in synchronized technical infrastructure, the enterprise has built a robust ecosystem comprising seaports, logistics, one-stop services, and a strategic partner network, creating a highly favorable foundation for the manufacturing activities of FDI enterprises.

The testament to this capacity comes not only from the scale or infrastructure but from the direct recognition of investors currently operating at Phu My 3. At the groundbreaking ceremony, Mr. Masuda—representing Nippon Sanso Vietnam, an enterprise that has invested in and operates an industrial gas plant at Phu My 3 Specialized IP—highly praised the infrastructure quality, operational capabilities, and long-term support provided by Thanh Binh Phu My to our investors. Furthermore, he expressed his expectations that the proven experience from Phu My 3 will continue to be leveraged at Hoa Ninh IP, significantly contributing to the industrial development of the Central region.

 

Mr. Masuda – Representative of Nippon Sanso Company

Hoa Ninh IP - A Strategic Piece in Da Nang's New Industrial Ecosystem

Planned in the Northwest area of Da Nang - a region the city has designated for the development of industrial, logistics, and innovation hubs - Hoa Ninh IP is positioned to capture the growing wave of investment in high-tech, supporting, and green manufacturing industries.

Distinct from traditional industrial park models, Hoa Ninh IP is master-planned with the orientation of developing a modern industrial ecosystem that seamlessly integrates production infrastructure, logistics, energy, and free trade activities.

One of the project's most outstanding advantages is its direct connectivity to Lien Chieu Port and Da Nang International Airport, creating highly favorable conditions for logistics and import-export operations.

Concurrently, the project will have a guaranteed energy supply from the Hoa Ninh LNG Power Plant, located within the same planning zone. With a Phase 1 capacity of 1,500 MW and an expected operational date in 2030, this will be a crucial foundation to help businesses secure their long-term energy needs while meeting the stringent sustainable development and ESG standards increasingly prioritized by global corporations.

Furthermore, Hoa Ninh Industrial Park is strategically planned adjacent to the Phu My 3 Da Nang Industrial Park, situated at location No. 4 within the 335-hectare Da Nang Free Trade Zone. The synergy between these two projects forms a massive 735-hectare industrial complex, expanding the space for industrial, logistics, and commercial development, and creating an added competitive advantage for investors within the global supply chain.

 

Master plan of Phu My 3 Da Nang Industrial Park in the Da Nang Free Trade Zone (FTZ)

The Companionship of Local Authorities and Strategic Partners

The significance of the project was underscored by the presence of Da Nang city leaders, management agencies, investment promotion organizations, and both domestic and international strategic partners at the groundbreaking ceremony. This event not only marks the deployment of an infrastructure project but also reflects the trust and high expectations of multiple stakeholders regarding Da Nang's industrial development orientation in this new phase.

The ceremony was honored to welcome Mr. Ho Ky Minh - Standing Vice Chairman of the Da Nang People's Committee, alongside representatives from various departments, agencies, investment promotion organizations, and numerous domestic and international strategic partners.

Speaking at the ceremony, Mr. Ho Ky Minh expressed his strong confidence in Thanh Binh Phu My's capabilities and affirmed that the city will continue to support the company, help address challenges, and accelerate investment in connecting infrastructure to ensure the project quickly achieves optimal efficiency.

 

Mr. Ho Ky Minh - Standing Vice Chairman of the Da Nang People's Committee - addressing the ceremony.

The Developer's Commitment

Sharing at the event, Mr. Ta Quoc Bao - Deputy General Director of Thanh Binh Phu My JSC, emphasized:

"Once the project enters stable operation, it will create over 12,000 direct jobs, solidly contributing to local budget revenues. With a business philosophy that always places the customer's interests at the center, we are fully prepared to focus all financial, human, and equipment resources to bring Hoa Ninh IP to completion right on schedule. Thanh Binh Phu My commits to not only providing infrastructure but to comprehensively supporting enterprises in achieving new milestones and successes."

 

Mr. Ta Quoc Bao - Deputy General Director of Thanh Binh Phu My JSC - addressing the ceremony.

The groundbreaking ceremony of Hoa Ninh Industrial Park (Phu My 3 Da Nang IP) not only initiates the construction process of a new industrial park but also marks a pivotal next step in Thanh Binh Phu My JSC's ongoing journey. Empowered by proven experience, an international partner ecosystem, and a steadfast commitment to sustainable development, Hoa Ninh Industrial Park (Phu My 3 Da Nang IP) is poised to become a powerful new driving force, accelerating industrial growth and attracting high-quality investments to the Central region in the years to come.