MOU signed on investment study for Tan Cang Thanh Hoa IP Phase 2

The Nghi Son Economic Zone and Industrial Parks Authority of Thanh Hoa Province and Tan Cang Industrial Infrastructure Investment JSC (TCI) held a ceremony to sign a memorandum of understanding on the investment study for the project to build and operate the infrastructure of Tan Cang Thanh Hoa Industrial Zones (Phase 2).

The MOU provides the basis for both parties to cooperate in studying and preparing the next phase of the project, following Phase 1 (160.91 ha), which has received investment policy approval from the Thanh Hoa Provincial People's Committee and an Investment Registration Certificate.

Building on Phase 1

Phase 1 of Tan Cang Thanh Hoa Industrial Zones covers 160.91 ha with total investment of VND 1,969 billion, as a supporting-industry park with 60% of its area for supporting industries. It is located in Luu Binh Industrial Park, Quang Binh Commune, 1.5 km from National Highway 1A, 45 km from Nghi Son deep-water port and 50 km from Tho Xuan Airport.

Studying Phase 2 reflects the developer's long-term commitment to working with Thanh Hoa Province on industrial park infrastructure.