How large is the Phuc Yen Industrial Park in Phu Tho Province?

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Phuc Yen Industrial Park Spans 111.3 Hectares in Phu Tho Province

The Phuc Yen Industrial Park (Phuc Yen IP) in Phu Tho Province covers a total area of 111.3 hectares. This significant development project, located in Phuc Yen Ward, represents a substantial investment of approximately VNĐ1.98 trillion and is licensed to operate for 50 years.
Strategic Location and Connectivity

Phuc Yen IP is strategically situated to facilitate efficient logistics and business operations. It offers direct access to the Noi Bai – Lao Cai Expressway and is positioned approximately 10 minutes away from Noi Bai International Airport. This prime location ensures strong connectivity to major economic centres, including Hanoi and neighbouring provinces, enhancing its appeal to potential investors.
Comprehensive Infrastructure Development

The industrial park is designed with modern, international-standard infrastructure to support immediate business operations upon land handover. Key facilities include well-developed internal roads, a high-capacity power supply system, integrated water supply and drainage networks, and a centralised wastewater treatment plant. Urban landscaping is also incorporated to create a well-rounded industrial environment.
Phased Development and Investment Focus

The development of Phuc Yen IP is proceeding in two phases. Phase 1, running from Q1/2024 to Q1/2026, focuses on completing legal procedures, site clearance, and commencing construction. Phase 2, scheduled from Q2/2026 to Q1/2027, will see the full construction of infrastructure, including site levelling, internal roads, power and water systems, and the wastewater treatment facility. The park is anticipated to attract significant investment from sectors such as technology and electronics, precision engineering, supporting industries, and logistics.
Economic Contribution and Employment Generation

Upon reaching full operational capacity, Phuc Yen IP is projected to attract numerous domestic and international investors. This influx of businesses is expected to create thousands of stable employment opportunities within the region. Furthermore, the park is poised to make a meaningful contribution to State budget revenues and act as a catalyst for broader commercial services, urban development, and industrial real estate growth in Phu Tho Province.

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How large is the Phuc Yen Industrial Park in Phu Tho Province?

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