Trang Due Industrial Park: Overview, Location, Investment Potential & Latest Updates

Trang Due Industrial Park is a highlight in the system of industrial parks in Hai Phong, standing out with its modern infrastructure, synchronized planning, and high-tech development orientation, creating a strong attraction for domestic and foreign investors. In this article, 1Office will provide a comprehensive overview of the infrastructure, planning, investment policies, and development potential of Trang Due IP.

1. General Introduction to Trang Due Industrial Park

Trang Due Industrial Park (IP) is one of the key, most modern, and fastest-developing industrial parks in Hai Phong, located within the Dinh Vu – Cat Hai Economic Zone.

1.1. Official Name and Investor

• Official Name: Trang Due Industrial Park, including phases 1, 2, and 3.
• Investor: Saigon – Hai Phong Industrial Park Corporation (SHP). This is a subsidiary in which Kinh Bac City Development Holding Corporation (stock code: KBC) holds nearly 90% of the charter capital. SHP has nearly 20 years of experience in developing and managing industrial park infrastructure.

1.2. Location and Scale of Trang Due Industrial Park

Trang Due IP is strategically located on the outskirts of Hai Phong:

• Phase 1 & 2: Mainly located in Le Loi commune, An Duong district.
• Phase 3: Includes Truong Tho, Truong Thanh, An Tien, and Bat Trang communes in An Lao district.

With a total area of about 1,054 ha, the IP is divided into phases:

• Phase 1: 187 ha, operational since 2007.
• Phase 2: 214 ha, developed from around 2012-2014.
• Phase 3: 652.73 ha, officially approved for investment in 2025.

1.3. History of Formation and Development

An overview of the formation and development process of Trang Due IP, from its initial steps to the current expansion phase:

• 2006-2007: Trang Due IP was included in Vietnam’s industrial park planning and Phase 1 was officially commenced by Saigon – Hai Phong Industrial Park Corporation.
• 2008-2019: Strongly attracted major investors, including LG Group (South Korea), leading to 100% occupancy of Phase 1 and the implementation of Phase 2.
• 2021: The Prime Minister approved the expansion of the IP’s area within the Dinh Vu – Cat Hai Economic Zone.
• 2025: Phase 3 was officially approved (Decision 86/QD-TTg, January 14, 2025) and the groundbreaking ceremony was held in May. The project has a total infrastructure investment of over 8,000 billion VND and is being urgently implemented to provide business premises by the end of 2025.

Development orientation: Trang Due IP aims to become a high-tech, multi-sector industrial park, focusing on:

• High technology: electronics, telecommunications, precision components.
• Supporting industries: especially serving large corporations like LG.
• Environmentally friendly production: clean industry, limiting highly polluting sectors.

In particular, Phase 3 prioritizes the development of the electronics and electric vehicle industry, green and sustainable supply chains, and is expected to attract 40,000-50,000 workers.

1.4. Importance

Trang Due IP is a strategic link in the Dinh Vu – Cat Hai Economic Zone, promoting regional connectivity between Hanoi – Hai Phong – Quang Ninh. With over 112 projects (Phases 1 & 2) and a total FDI of nearly 11 billion USD (mainly from South Korea, Japan), highlighted by the LG complex and its satellite companies, the IP has contributed to making Hai Phong one of the country’s leading localities in attracting FDI.

The project not only creates tens of thousands of jobs but also promotes economic restructuring, urban development, and sustainable industry in the locality.

2. Strategic Location and Transport Connectivity of Trang Due Industrial Park

Prime location: Trang Due IP is located along National Highway 10, directly connecting to National Highway 5A and the Hanoi – Hai Phong Expressway – two arterial routes for goods transportation in the Red River Delta and the Northern coastal region. The industrial park is about 15 km from the center of Hai Phong and about 97-100 km from Hanoi.

Transport connectivity at Trang Due Industrial Park:

Thanks to its strategic location and integrated transportation system, Trang Due Industrial Park not only strongly attracts FDI investors but also contributes to making Hai Phong a logistics and high-tech industrial hub of Northern Vietnam.

3. Integrated and Modern Technical Infrastructure

Trang Due Industrial Park is invested with integrated, modern infrastructure meeting international standards, fully satisfying the high-tech production needs of major investors like LG Group and its satellite businesses. The infrastructure for phases 1 and 2 is 100% complete, while phase 3 is being rapidly implemented with higher standards, aiming for a green and sustainable industrial park model.

(1) Internal Transportation System

The internal road system is scientifically planned to handle heavy loads, with a main axis 32m wide (4-6 lanes) and branch roads 23m wide, ensuring convenient traffic for container trucks and heavy vehicles. All roads are paved with high-quality asphalt concrete and connect directly to external transportation routes, meeting international standards.

(2) Power Supply System

Power is supplied from the national grid via a 110 kV substation with large capacity: phases 1 & 2 reached 2(+1) x 63 MVA, and phase 3 is upgraded to 3 x 63 MVA. The power system is stable and continuous 24/7, with underground cables connected directly to each factory, ensuring uninterrupted production.

(3) Clean Water Supply System

Clean water is supplied from the Vat Cach Water Plant (20,000 m³/day) and the Trang Due Water Plant (5,000 m³/day), with a total capacity of 25,000 m³/day, expected to expand to over 30,000 m³/day in phase 3. The water supply fully meets the high-tech production and daily needs of businesses.

(4) Wastewater Treatment System

A modern centralized wastewater treatment plant has a capacity for phases 1 & 2 of about 5,000-8,000 m³/day (total capacity up to 13,500 m³/day), and phase 3 is upgraded to 13,800-19,200 m³/day. Wastewater is treated to meet Column A/B standards before being discharged into the environment, ensuring strict compliance with environmental protection regulations.

(5) Telecommunications and Internet System

A comprehensive telecommunications system with a high-speed fiber optic network provides stable internet, meeting the large data transmission needs of high-tech, electronics, and telecommunications industries.

(6) Fire Prevention and Fighting (FPF) System

The FPF system meets international standards, including fire hydrants along the roads, backup water tanks, and a professional firefighting team that coordinates closely with local FPF forces.

With its superior technical infrastructure and sustainable development orientation, Trang Due Industrial Park not only meets current production needs but is also ready to welcome future high-tech projects, especially in phase 3, which is being strongly implemented by the end of 2025.

4. Development Phases of Trang Due Industrial Park

Trang Due Industrial Park is being developed in multiple phases. Phases 1 and 2 are complete and 100% occupied, becoming a bright spot for attracting high-tech FDI capital in Hai Phong. Phase 3 is being vigorously implemented, building on the success of the previous phases while expanding in scale and upgrading its development orientation towards a more modern and sustainable industrial model.

4.1. Trang Due Industrial Park – Phases 1 & 2

Scale and Occupancy Status: Phases 1 and 2 have a total area of 401 ha (phase 1 is 187 ha, and phase 2 is 214 ha) and are fully occupied with over 112 investment projects.

Targeted Investment Sectors: Projects primarily focus on high-tech, electronics-telecommunications, supporting industries, precision components, and environmentally friendly manufacturing sectors.

Key Projects: The most prominent is the manufacturing complex of LG Group (South Korea) with member units such as LG Electronics, LG Display, LG Innotek, along with a network of satellite businesses like Hwa Seung, DongYang, Haengsung, Bucheon… This ecosystem has formed an integrated and efficient supporting industry chain.

Achievements and Contributions: Phases 1 & 2 have attracted nearly 11 billion USD in FDI capital, leading Hai Phong in the density of high-tech projects. Businesses in the industrial park achieve export turnovers of billions of USD annually, creating jobs for tens of thousands of workers, and actively contributing to the city’s economic restructuring and urban development.

4.2. Trang Due Industrial Park – Phase 3

Scale and Location: Phase 3 has a total area of 652.73 ha, located in the communes of Truong Tho, Truong Thanh, An Tien, and Bat Trang, in An Lao district, Hai Phong city.

Developer and Total Capital: The project is developed by Saigon – Hai Phong Industrial Park Corporation (SHP), with a total infrastructure investment capital of over 8,094 billion VND.

Implementation Progress: Phase 3 received investment policy approval from the Prime Minister under Decision No. 86/QD-TTg on January 14, 2025, was granted an Investment Registration Certificate on January 16, 2025, and officially held its groundbreaking ceremony on May 11, 2025. By the end of 2025, the project is focusing on infrastructure construction and actively attracting investors, with business premises expected to be available from the end of 2025.

Development Orientation: Trang Due Industrial Park Phase 3 is oriented as a multi-sector general industrial park, prioritizing clean industry, high technology, and supporting industries – especially in the fields of electronics, electric vehicles, and green supply chains, aiming for an eco-friendly, ecological industrial park model.

1/2000 Detailed Planning: The plan was approved and announced by the Hai Phong City People’s Committee in 2023, comprising 28 planning lots with functions including: industrial production land, warehouses, service areas, internal transport, green spaces, and technical infrastructure. The design is flexible and integrated, ensuring a high proportion of industrial land and incorporating service and housing areas for workers.

Projected Labor Scale: Phase 3 is expected to attract 40,000 – 50,000 workers, contributing to the socio-

5.3. Investment Incentive Sectors

Trang Due Industrial Park prioritizes attracting high-tech, clean, and environmentally friendly industrial projects, while restricting sectors with a high risk of pollution. The sectors encouraged and eligible for high incentives include:

• Electronics, telecommunications, information technology.
• Electronic components, precision engineering.
• Supporting industries, especially satellite businesses for large corporations like LG.
• High-tech related to electric vehicles and green supply chains.
• Production of new materials and environmentally friendly products.

With clear incentive policies, favorable procedures, and a sustainable development orientation, Trang Due Industrial Park continues to affirm its position as an attractive destination for high-tech FDI in Northern Vietnam, especially as Phase 3 is being strongly implemented from 2025.

6. Work Environment and Surrounding Living Amenities

More than just a high-tech manufacturing hub, Trang Due Industrial Park is also oriented to develop into a comfortable working and living area for tens of thousands of workers. The synchronized development of residential areas, social amenities, and green spaces is gradually creating a complete industrial-urban ecosystem, contributing to improving the quality of life for workers, engineers, experts, and their families.

6.1. Abundant and High-Quality Human Resources

Hai Phong possesses a young and abundant labor force of about 1 million people of working age, along with a well-developed training system including 4 universities and over 60 colleges and vocational schools. Trang Due Industrial Park Phases 1 & 2 alone currently employ over 55,000 workers, with a stable average income of around 10 million VND/month.

Phase 3 is expected to create an additional 40,000 – 50,000 jobs, mainly in high-tech and supporting industries. The local workforce, combined with labor from neighboring provinces such as Quang Ninh, Thai Binh, and Hai Duong, helps FDI enterprises, especially LG and its satellite companies, easily meet diverse personnel needs.

6.2. Adjacent Housing and Urban Systems

The area surrounding Trang Due Industrial Park has been planned and invested with numerous synchronized housing projects to meet the living needs of both workers and experts:

• Trang Due Urban – Commercial – Service Area (Seoul Ecohome):<span style="
  • Phase 1 & 2: Fully occupied, the current common price for land lease with infrastructure is around 120-160 USD/m² for the entire lease term (usually 50 years), depending on the location and contract signing time. The average market price is recorded at about 140 USD/m².
  • Phase 3: Infrastructure is being completed and investor attraction is being promoted, with the expected lease price ranging from 130-174 USD/m². Some memorandums of understanding with major clients from South Korea have been recorded at 130-140 USD/m². Businesses expanding from previous phases may be eligible for preferential policies of 10-15%.
  • Management and service fees: The management fee is about 0.5 USD/m²/year, including infrastructure maintenance, security, and general services. The wastewater treatment fee is about 0.4 USD/m³; electricity and water are applied according to the price frames of EVN and the local authorities.

  (Actual prices may vary depending on the time and specific policies of the developer.)

  8.2. Real estate price increase trend

  In the last 5 years, the industrial land lease price in Hai Phong has maintained an average increase of 8-12%/year. The Trang Due area, in particular, is assessed to have a good growth rate thanks to the advantages of high-tech FDI and increasingly complete transport infrastructure and seaport connections. It is forecasted that by 2030, the growth margin can be maintained at 5-10%/year.

  In parallel, the residential area adjacent to Phase 3, especially in An Lao district, is recording a significant increase in residential land prices. Many areas have seen prices rise from 8-15 million VND/m² to about 10-20 million VND/m², reflecting the growing housing demand as the industrial park is expected to add 40,000-50,000 more workers in the coming years. In the long term, the potential is strengthened as Trang Due is oriented to develop into an eco-industrial park, located on the Hanoi – Hai Phong – Quang Ninh connection axis.

  8.3. Opportunities for secondary investors

  With Phases 1 and 2 being fully occupied, secondary investors now mainly access the market by subleasing ready-built warehouses, offices, or land use rights from existing businesses, with common areas ranging from 3,000-12,000 m².

  Phase 3 opens up new opportunities thanks to its flexible land fund, the ability to build factories on demand, and the chance to participate directly in the satellite supply chain for LG and other large corporations. Notable advantages include low logistics costs, preferential policies of the economic zone, and the ability to transfer lease rights as land prices increase.

  8.4. Opportunities for individual investors

  The residential real estate market around Phase 3, in the communes of Truong Tho, Truong Thanh, An Tien, and Bat Trang (An Lao district), is attracting great interest with subdivided land plots and houses for rent. The current common price for residential land is around 8-14 million VND/m², corresponding to plots of 60-100 m² with a total price of 500-900 million VND.

  The model of investing in boarding houses and rooms for rent is assessed to bring stable cash flow, with an estimated profit of about 8-12%/year, thanks to the high accommodation demand from the growing workforce. In addition, adjacent urban projects such as Seoul Ecohome or Evergreen Trang Due also contribute to creating a spillover effect, raising the overall real estate value in the area.

  With the implementation progress of Phase 3 being accelerated and the plan to hand over the site from the end of 2025, Trang Due is considered a suitable destination for investors who want to anticipate the parallel growth trend of industrial and residential real estate in the coming years.

  

  9. Contact information for Trang Due Industrial Park

  To support investors in learning about opportunities, investment procedures, land lease, or related services at Trang Due Industrial Park (including Phases 1, 2, and Phase 3 being implemented in 2025), you can contact the following units directly:

  Infrastructure Developer: Saigon – Hai Phong Industrial Park Corporation (SHP)

  • Address: Trang Due Industrial Park, Le Loi Commune, An Duong District, Hai Phong City.
  • Website: https://trangdue-ip.com.vn/ 
  • Email: info@trangdue-ip.com.vn
  • Hotline:
    • Industrial Park Project Sales Department: (+84) 2256.523.623
    • Urban Area Project Sales Department: (+84) 2252.820.182
    • General phone: (+84) 2252.248.698

  Hai Phong Economic Zone Authority (HEZA) – State Management Agency

  • Address: No. 24 Cu Chinh Lan, Hong Bang District, Hai Phong City.
  • Website: https://heza.gov.vn/
  • Phone: 0225.3823206 (main line); 0225.356.9170
  • Email: banquanlykkt@haiphong.gov.vn

  The above contact channels are always ready to provide free consultation on investment incentives, one-stop administrative procedures, and updated information about Phase 3 (site handover expected from the end of 2025).