Stavian Group breaks ground on industrial park project in Thai Nguyen

Stavian Group has broken ground on an industrial park project in Thai Nguyen, Vietnam. The development, located in Diem Thuy Commune, Bach Quang Ward and Pho Yen Ward, is intended to house businesses in various industries, including electronics, mechanical engineering, automotive components, and logistics. The industrial park will operate from 2025 to 2075, with construction set to commence in 2026 and conclude by 2028. The first sales of land and handovers are expected to begin in April 2027.

Vuong Quoc Tuan, a member of the Central Committee of the Communist Party of Vietnam and Deputy Secretary of the Provincial Party Committee, attended the groundbreaking ceremony. Other attendees included leaders from provincial departments, agencies, and local authorities, as well as representatives from the project developer, contractors, partners, and local residents.

The industrial park is strategically positioned along the Hanoi–Thai Nguyen Expressway and National Highway 37, ensuring access to Hanoi, Thai Nguyen City, Noi Bai International Airport, Hai Phong Port, and the Huu Nghi-Lang Son border gate. It will feature a 35 MVA power supply system, a wastewater treatment plant capable of handling 3,000 cubic meters per day, and ample water supply capacity of 4,500 cubic meters per day.

Additional facilities will encompass fire protection systems, telecommunications infrastructure, and a range of services such as legal consultancy, design and construction, customs and logistics support, green energy solutions, and workforce recruitment and training.

The project aligns with Thai Nguyen Provincial Party Committee's industrial development plan for 2026-2030, which emphasizes greener and more advanced manufacturing. Stavian Group, the developer, sees this project as part of its broader infrastructure strategy under four key pillars: Industry, Technology, Energy, and Trading. Chairman Tony Dinh Duc Thang envisions the project not only as a modern industrial park with integrated infrastructure but also as a thriving industrial ecosystem that will support investors throughout the project's lifecycle.

Stavian Group is committed to working closely with consultants, contractors, and partners to ensure quality, progress, safety, and compliance with regulations while balancing business efficiency with local community interests and sustainable development goals. The project is anticipated to draw in manufacturers, stimulate supporting industries, and generate employment opportunities within Thai Nguyen.