Hai Phong Approves Nearly VND 2.5 Trillion Gia Lộc 3 Industrial Park Project
Hai Phong’s industrial real estate market continues to expand with another large-scale development after the Hai Phong People’s Committee officially approved the investment policy and selected Đại An Industrial Park Infrastructure Development One Member Co., Ltd. as the investor for the Gia Lộc 3 Industrial Park Infrastructure Development and Business Project.
With a total investment of nearly VND 2.5 trillion, covering almost 137 hectares, and a strategic focus on high-tech industries and supporting industries, Gia Lộc 3 Industrial Park is expected to become a new destination for domestic and international manufacturers in Northern Vietnam.
Gia Lộc 3 Industrial Park Covers Nearly 137 Hectares
According to the investment approval issued by the Hai Phong People’s Committee, Gia Lộc 3 Industrial Park will be developed in Yết Kiêu Commune with the following key information:
- Total area: 136.98 hectares
- Industrial land: Approximately 130 hectares
- External transportation infrastructure: Remaining project area
- Total investment: Nearly VND 2.5 trillion
- Operating term: 50 years from the official land allocation date
The project is designed to provide modern industrial infrastructure capable of meeting the growing demand from both domestic and foreign manufacturers.
Full Operation Scheduled by the Third Quarter of 2028
According to the approved implementation schedule, the developer must complete construction and put the entire Gia Lộc 3 Industrial Park into operation by the third quarter of 2028.
The project is expected to add a significant supply of high-quality industrial land to support manufacturers expanding production in Vietnam amid ongoing global supply chain diversification.
Designed to Attract High-Tech and Supporting Industries
According to the master plan, Gia Lộc 3 Industrial Park will be developed as a multi-sector industrial park, with priority given to attracting investment in:
- High-tech industries
- Advanced manufacturing technologies
- Supporting industries
- Electronics
- Precision engineering
- Industrial equipment manufacturing
- Environmentally friendly production
This development strategy aligns with Hai Phong’s long-term investment policy of attracting projects with high added value, advanced technology, and sustainable manufacturing practices.
Modern Infrastructure with Comprehensive Worker Amenities
Beyond industrial infrastructure, the project will be developed as a modern industrial park featuring integrated public services for businesses and employees.
Planned facilities include:
- Worker accommodation
- Commercial and service centers
- Cultural and sports facilities
- Healthcare services
- Parks and green spaces
- Modern internal transportation infrastructure
Combining industrial production with social infrastructure will improve working conditions, enhance employee well-being, and increase the project’s attractiveness to investors.
Hai Phong Continues Strengthening Its Position as Northern Vietnam’s Industrial Hub
Over the past several years, Hai Phong has become one of Vietnam’s leading destinations for industrial real estate investment and foreign direct investment (FDI).
The city’s competitive advantages include:
- International deep-water seaports
- Regional expressway connections
- Cat Bi International Airport
- Well-developed logistics infrastructure
- Investor-friendly policies
The addition of Gia Lộc 3 Industrial Park will further expand Hai Phong’s industrial land supply and strengthen its ability to attract large-scale manufacturing projects as global companies continue relocating production to Vietnam.
Expected to Become a New Driver of Local Economic Growth
Once operational, Gia Lộc 3 Industrial Park is expected to generate significant economic benefits for Hai Phong and surrounding areas, including:
- Attracting high-quality FDI
- Promoting supporting industries
- Creating thousands of new jobs
- Increasing government revenue
- Expanding logistics and related services
- Strengthening regional competitiveness
By prioritizing high-tech manufacturing and environmentally sustainable industries, the project will contribute to higher-quality economic growth while supporting Vietnam’s industrial modernization strategy.
Bright Outlook for Hai Phong’s Industrial Real Estate Market
The continued launch of major industrial projects such as Gia Lộc 3 Industrial Park demonstrates the strong demand for industrial real estate in Hai Phong.
As foreign investment continues flowing into Vietnam, multinational manufacturers are increasingly seeking industrial parks offering:
- Modern infrastructure
- Large industrial land reserves
- Strategic transportation connections
- Comprehensive business support services
- A transparent investment environment
These advantages position Hai Phong as one of Northern Vietnam’s most competitive manufacturing, logistics, and industrial investment centers.
Conclusion
The approval of the Gia Lộc 3 Industrial Park project, with a total investment of nearly VND 2.5 trillion, marks another important milestone in Hai Phong’s strategy to expand its industrial development capacity. Covering nearly 137 hectares and designed to attract high-tech industries, supporting industries, and environmentally sustainable manufacturing, the project is expected to become a highly attractive destination for both domestic and international investors while contributing significantly to Hai Phong’s long-term economic growth and competitiveness.
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