Ninh Binh ramps up investment in infrastructure, expanding industrial space

To date, Ninh Binh has seven industrial zones covering a total area of 1,472 hectares. Five of these industrial zones have been put into operation with an occupancy rate of over 90%.

The province now has 120 valid projects with total registered investment capital of nearly 65.5 trillion VND (2.51 billion USD) and created jobs for 36,000 labourers.

The indicators such as occupancy rate, feasibility and investment effectiveness at the industrial zones have been rated good as compared to those of other cities and province nationwide.

Most of the projects in these industrial zones are large scale and make clear imprints on the local industry’s structure.

Some typical projects are CFG floating glass plant, The Vissai Cement Factory; Mcnex Vina Camera Module and Electronic Component Plant; and  HTMV 2 and Hyundai Thanh Cong’s automobile manufacturing and assembly factory.

Pham Duc Cuong, Deputy Head of the Provincial Industrial Parks Management Board, said the unit is carrying out two projects on building infrastructure for industrial zones using public capital.

One of the two is a project to renovate, repair and complete the infrastructure system of Tam Diep I Industrial Park which is in the construction phase with the completed workload reaching about 80% of the contract value. Currently, the contractor is building the drainage channel and the industrial park gate.

For the Khanh Phu Industrial Park, the Management Board is currently coordinating to survey the current status and complete the investment feasibility study report for submission to competent authorities for approval.

With synchronous infrastructure and a favourable investment environment, Ninh Binh is becoming a promised land for investors. In the first quarter of 2025 alone, the Provincial Industrial Park Management Board has issued adjusted investment registration certificates for four projects.

Currently, Ninh Binh province has 120 valid investment projects, with a total registered capital of 65.5 trillion VND. Of these, there are 32 foreign direct investment projects with a total registered capital of 653.55 million USD.

According to the province's industrial development plan by 2030, the whole province will have 11 industrial parks with a total area of ​​about 2,813 hectares. The goal is to form a system of industrial parks with synchronous, modern, environmentally friendly technical and social infrastructure, associated with urban and service development.

In 2025, the Ninh Binh Industrial Parks Management Board is coordinating with relevant agencies to focus on attracting investors to build and operate infrastructure for the Tam Diep II Industrial Park and Phu Long Industrial Park. By 2030, the goal is to attract investment to develop Gian Khau II Industrial Park.

Notably, the Phu Long and Gian Khau Industrial Parks will be planned according to the industrial - urban - service model, serving the development of mechanical engineering, automobile assembly and high-tech industries. This will be an important driving force to promote economic growth, service and urbanisation of the province.

In order to meet the requirements of sustainable development, Ninh Binh province is focusing on establishing, appraising and approving the zoning plans of industrial parks in a modern and environmentally friendly direction.

At the same time, it is speeding up the renovation and upgrading of technical infrastructure of five existing industrial parks according to the ecological industrial park model./.