Ninh Binh province establishes 531- billion-VND industrial cluster

According to the plan, the Hung Noi ICcovers an area of approximately 56 hectares. This area is bordered to the North by Hung Le residential area, to the West by Quy Thuong residential area, to the East by Chau Thanh River, and to the South by Sa De village.

The IC is oriented to attract key industries such as mechanical engineering, manufacturing and assembly of electrical and electronic equipment; processing of pharmaceuticals, functional foods and food products; and services supporting industrial production, small-scale handicrafts, and supporting industries.

The investor responsible for constructingtechnical infrastructure is Vinh Toan Investment and Construction Joint Stock Company.

The project is expected to commence in the second quarter of 2026 and become operational 24 months after the commencement date. The operating period is 50 years.

The Provincial People's Committee requires the investor to implement the project in accordance with regulations on investment, land, environment, and fire safety. Attracting secondary investors will only be permitted after the completion of the technical infrastructure and centralised wastewater treatment system.

The Department of Industry and Trade is assigned to oversee, monitor progress, and exercise state management over the IC.

The Truc Ninh Commune People's Committee is responsible for assisting with land clearance and completing construction procedures./.