Developed by Phuc Loc Industrial Park Development Investment Corporation JSC, the 176.8-hectare industrial park had long lagged behind schedule despite its relatively modest scale. Before the provincial merger, much of the phase 1 area remained undeveloped, with unfinished infrastructure and unresolved compensation issues preventing the construction of a drainage canal connecting the industrial park to Ben Loi Bridge.
A visit to the site on May 26 revealed substantial changes. The entire phase 1 area has been leveled and divided into functional zones linked by a network of concrete roads. Key infrastructure, including lighting, fire prevention and firefighting systems, drainage facilities, and landscaping, has been completed.
The centralized wastewater treatment plant for phase 1, with a capacity of 1,200 cubic meters per day, has been put into operation along with the internal wastewater collection system. The industrial park’s power supply network has also been completed, providing production-ready conditions for secondary investors.
According to Tran Hong Minh, Deputy Head of the Hoa Hoi Industrial Park Management Board, the project has received its environmental permit from the Ministry of Agriculture and Environment.
He added that the internal clean water supply pipeline system is expected to be completed by mid-June 2026, ensuring sufficient water for both production and daily use.
The drainage canal connecting the industrial park’s discharge outlet to Ben Loi Bridge, with a total investment of VND5.9 billion (approximately USD227,000), has been classified as infrastructure outside the industrial park boundary and therefore falls under the responsibility of Hoa Hoi Commune in accordance with public investment regulations.
However, the developer has expressed its willingness to finance the project based on approved plans and transfer the completed facility to local authorities for management and operation.
Investment attraction efforts have also gained traction. Four foreign enterprises have already built or are constructing production facilities within the industrial park. In addition, three companies have signed principle agreements with the developer to implement projects worth a combined USD42 million.
Alongside completing phase 1 infrastructure and attracting additional investors, Phuc Loc Industrial Park Development Investment Corporation JSC is working with local authorities to prepare infrastructure development for phase 2, which will cover more than 88 hectares.
Thai Anh Tuan, General Director of the company, said a consulting unit has been hired to conduct cadastral surveys while technical documentation is being finalized to support compensation and land clearance procedures. The company is also preparing funding to compensate affected organizations and households within the expansion area.
Local authorities have begun the groundwork for phase 2 implementation. Hoa Hoi Commune has established a working group to support compensation, resettlement, and land valuation activities while stepping up public communication on the project’s economic significance. Planning announcements and consultations have been conducted, and authorities are identifying affected households and land parcels to facilitate the next stages of implementation.
Tran Xuan Vuong, Standing Vice Chairman of the Hoa Hoi Commune People’s Committee, said phase 2 will affect approximately 154 households, including around 20 households with residential properties requiring compensation and site clearance.
Authorities have so far completed land inventories for 40 households and will continue surveying the remaining affected properties. Resettlement plots have already been prepared and are ready for allocation to households impacted by the project.
