THANH BINH PHU MY JOINT STOCK COMPANY WAS OFFICIALLY APPROVED FOR THE INVESTMENT POLICY DECISION AND INVESTMENT REGISTRATION CERTIFICATE FOR VINH THANH INDUSTRIAL PARK PROJECT - PHASE 2 (PHU MY 3 CAN THO IP)

On February 06, 2025 - Following the success of Phu My 3 Intensive Industrial Park in Ba Ria - Vung Tau province, Thanh Binh Phu My Joint Stock Company officially announced the Investment Project on construction and business of infrastructure of Vinh Thanh Industrial Park (phase 2) (Phu My 3 Can Tho IP) in Vinh Trinh commune and Vinh Binh commune,  Vinh Thanh district, Can Tho city.

            The project has been approved by the Prime Minister in Decision No. 1707/QD-TTg dated December 31, 2024, marking an important milestone in the strategy for the development of industrial parks in Vietnam. With the orientation of becoming a modern and sustainable industrial center, the project not only creates a driving force to promote the socio-economic growth of the Mekong Delta region but also contributes to improving Vietnam's industrial competitiveness in the international market.

Project Information

  • Investor: Thanh Binh Phu My Joint Stock Company
  • Project name: Investment in construction and business of infrastructure of Vinh Thanh Industrial Park (phase 2) (Phu My 3 Can Tho IP)
  • Project location: Vinh Trinh Commune, Vinh Binh Commune, Vinh Thanh District, Can Tho City
  • Area of the project: 540.58 hectares
  • Total project investment capital: 7,850 billion VND
  • Operation term of the project: 50 years from the date of land lease by the State
  • Nature and type of industrial park production: Forming industrial parks according to the model of industry clusters, attracting multi-sector investment such as heavy industry, high-value-added industry, supporting industry, logistics services, and industries in line with the industrial development strategy of Can Tho City and the Mekong Delta region.

 

Strategic objectives of the project

The strategic goal of Vinh Thanh Industrial Park phase 2 is to develop in the direction of an eco-industrial park based on the potential and advantages of the area, and at the same time connect with national and international value chains, the project is invested and developed focusing on core values such as:

  • Exploiting strategic advantages: Located in Can Tho City - an economic center, a grade I urban area directly under the Central Government and an important trade hub of the Mekong Delta.
  • Sustainable development: Applying a model eco-industrial park model, ensuring environmental factors and sustainable development.
  • Synchronous and modern infrastructure: Invest heavily in technical infrastructure and business support services.
  • Create a link value chain: To form "sector-linked clusters" in combination with the development of comprehensive value chains.
  • International integration: Attracting foreign investment, promoting technology transfer and developing the processing and production industry according to global standards.
  • Ensuring social security: Creating jobs, improving labor quality and contributing to the socio-economic development of Can Tho City and the whole country.

Statement of the Investor

Speaking at the ceremony, Mr. Ta Quoc Bao, Deputy General Director of Thanh Binh Phu My Joint Stock Company, Investor of Vinh Thanh Industrial Park Phase 2 project emphasized: "With the combination of Phu My 3 Intensive Industrial Park, Phu My Inland Port, Cai Mep - Thi Vai Deep Water Port and Vinh Thanh Industrial Park phase 2,  We aim to create a synchronous industrial ecosystem. The linkage between two large industrial parks – Phu My 3 in Ba Ria - Vung Tau and Vinh Thanh in Can Tho – will contribute to building a solid industrial supply chain, improving Vietnam's competitiveness in the international arena."

 The Vinh Thanh Industrial Park project (phase 2) (Phu My 3 Can Tho IP) is not only a testament to the ability to develop sustainably, but also marks an important step in international integration, improving the economic position of the Mekong Delta and Vietnam on the global map. With outstanding potential, the project promises to bring long-term economic and social value, contributing to the sustainable development and global economic integration of Vietnam.