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Cong Hoa industrial park in Chi Linh city, Hai Duong province has emerged as an appealing destination for many foreign direct investment (FDI) investors.
Vietnam Rubber Industrial Zone and Urban Development JSC. (VRG for short), the developer of Cong Hoa industrial park (IP), has consistently pursued the principle "Harmonized benefits – Shared challenges." This commitment is reflected in the company's efforts to facilitate secondary investors through streamlined administrative procedures, rapid land access, and effective project implementation support.
Thanks to this cooperative approach, the IP welcomed five new investors, including three FDI ones, in the first quarter of 2025 alone.
A notable example is Sun Gold Vietnam Co., Ltd., which has spent over 300 billion VND expanding its facilities by 35,000 m2.
The company not only scaled up production but also diversified its product portfolio towards green consumption with eco-friendly consumer goods made from recycled plastic, sugarcane pulp, and scented candles.
“We had surveyed many IPs in Northern Vietnam before choosing this site in 2019. Cong Hoa IP stood out for its excellent connectivity and strong support from the developer. All investment and construction procedures were expedited,” said Dang Thi Quyen, Administration and Human Resources Manager of Poyun Electronics Vietnam Co., Ltd., an FDI enterprise from Taiwan, China.
The IP boasts a synchronous technical infrastructure, including electricity, water supply, wastewater treatment, and an internal transportation system. Its spacious internal roads, green spaces, and walkways provide a clean, safe, and open working environment. The overall master plan was scientifically designed to maximize land use efficiency, enabling smooth factory construction and operation for tenant enterprises.
According to a representative of Dainty & Gemmy Technology (Vietnam) Co., Ltd., the investment contract procedure at Cong Hoa IP is simple and transparent. More importantly, the developer accompanied the company throughout the legal documentation process and plant construction, significantly saving time and costs for the firm.
Beyond infrastructure provision, VRG actively supports tenants in recruiting local workers, contributing to stable and long-term production.
Covering an area of 201 ha with a total investment of over 1,081 billion VND, Cong Hoa IP has so far attracted 15 secondary investors, including 12 FDI ones, with a combined registered capital of nearly 300 million USD.
The IP has surpassed a 90% occupancy rate. Its average investment efficiency is rated higher than the provincial average.
In line with its goal of sustainable development, Cong Hoa IP is gradually realizing a “green IP” model. A two-stage wastewater treatment plant with a daily capacity of 10,000 m3 is nearing completion, backed by an investment of over 150 billion VND. Once operational, the facility will fully treat wastewater generated by all tenants, including those with much water and chemical usage.
MINH NGUYEN
