Hoa Ninh Industrial Park Infrastructure project launched in Da Nang

by VNA19 February 2025 Last updated at 13:43 PM

Da Nang City leaders grant the investment certificate to the investor of the project.
Da Nang City leaders grant the investment certificate to the investor of the project.

VTV.vn - The Da Nang City People’s Committee launched the Hoa Ninh Industrial Park Infrastructure Investment and Business Project (Phu My 3 Da Nang IP) in Hoa Ninh Commune, Hoa Vang District, on February 18.

Approved by the prime minister on December 31, 2024, and granted with its investment certificate on February 18, 2025, the project is being developed by Thanh Binh Phu My JSC.

It covers over 400 hectares, with a total investment of 6,204 billion VND.

Strategically located near the Lien Chieu deep-water port and existing industrial zones, Hoa Ninh Industrial Park aims to develop a specialised, modern industrial ecosystem with integrated logistics and sustainable infrastructure. Designed to meet international standards, it will attract both domestic and foreign enterprises.

The project is expected to create tens of thousands of direct and indirect jobs, prioritising local labour recruitment and vocational training partnerships. Additionally, it will include worker housing, schools, hospitals, and recreational facilities to improve living standards.

Hoa Ninh Industrial Park is set to stimulate auxiliary industries, boost regional economic growth, and serve as a model for sustainable development, balancing economic progress with environmental protection.

On the occasion, Thanh Binh Phu My JSC donated 500 million VND to support disadvantaged households in Hoa Ninh Commune.

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