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Stavian Group commences construction of the Thuong Dinh industrial park infrastructure investment, construction and business project in Thai Nguyen Province

Wednesday, 19/08/2026

On August 19, 2026, Stavian Group held the Groundbreaking Ceremony for the Thuong Dinh Industrial Park Infrastructure Investment, Construction and Business Project in Thai Nguyen Province, marking the commencement of a project spanning 128.18 hectares with a total investment of VND 2.486 trillion. The project is envisioned as a modern supporting-industry industrial park, contributing to expanding investment opportunities, strengthening supply chain connectivity, and fostering industrial development in Thai Nguyen and the northern region.

The groundbreaking ceremony for the Thuong Dinh Industrial Park Infrastructure Investment, Construction and Business Project

Located in Diem Thuy Commune, Bach Quang Ward, and Pho Yen Ward, Thai Nguyen Province, Thuong Dinh Industrial Park has an operating term of 50 years (2025–2075), with construction scheduled for 2026–2028 and sales and handover expected to commence in April 2027. The project is developed by Stavian Industrial Park Thai Nguyen, a member company of Stavian Group. Attending the ceremony were Mr. Vuong Quoc Tuan, Member of the Central Committee of the Communist Party of Vietnam, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Committee; members of the Provincial Party Committee’s Standing Committee; leaders of the Provincial People’s Council, People’s Committee and Vietnam Fatherland Front Committee, as well as representatives of provincial departments, agencies and local authorities; representatives of the project developer, contractors and partners; and a large number of local residents.

Mr. Tony, Dinh Duc Thang – Chairman of Stavian Group delivers remarks at the event_final

Thuong Dinh Industrial Park benefits from a strategic location along key transport routes, with the main entrance connecting to the Hanoi–Thai Nguyen Expressway and the secondary entrance connecting to National Highway 37. The project provides convenient access to central Hanoi, Thai Nguyen City, major industrial production hubs in the region, Noi Bai International Airport, Hai Phong Port, and the Huu Nghi–Lang Son border gate, facilitating connectivity with manufacturing centers, logistics networks, and major trade gateways across the region. The project is equipped with integrated technical infrastructure to meet the production and operational needs of businesses, including a 35 MVA power supply system, a water supply capacity of 4,500 m³/day, and a wastewater treatment capacity of 3,000 m³/day, together with fire prevention and firefighting systems and telecommunications infrastructure. In addition, Thai Nguyen offers a strong pool of human resources supported by the network of universities and vocational education institutions, with more than 40,000 people trained annually, helping meet the workforce requirements of businesses in the region.

Mr. Tran Van Hau – Member of the Provincial Party Committee Executive Committee and Vice Chairman of the Thai Nguyen Provincial People’s Committee delivers remarks at the event

Building on these advantages, Thuong Dinh Industrial Park is positioned to attract supporting industries, electronics and electrical equipment, mechanical engineering and manufacturing, automotive and motorcycle components, technical support services, and logistics, with a focus on high-value-added sectors, in line with Plan No. 12-DA/TU dated December 10, 2025, issued by the Thai Nguyen Provincial Party Committee, which sets the direction for industrial development in the province for 2026–2030 toward a greener and more modern industry. The project is expected to provide approximately 90 hectares of leasable land for factories, warehouses, and production and business facilities, alongside ready-built factories, warehouses, and automobile parking facilities. The project developer will also provide comprehensive investment and operational support services, ranging from investment and legal consultancy, design and construction, and customs and logistics services to green energy solutions and training and recruitment support.

Thai Nguyen provincial leaders present flowers to congratulate the Project Investor at the event

 

The development of Thuong Dinh Industrial Park is aligned with the infrastructure development strategy of Stavian Group – a leading infrastructure group with four pillars: Industry, Technology, Energy, and Trading, with a vision to become a Top 500 global enterprise, creating prosperity and advancing a sustainable future. Through the project, the Group aims to expand the industrial infrastructure platform while strengthening connections among businesses, supply chains, and development resources across the northern region. Speaking at the Groundbreaking Ceremony, Mr. Tony, Dinh Duc Thang, Chairman of Stavian Group, said: “With Thuong Dinh Industrial Park, we aim not only to develop an industrial park with integrated infrastructure, but also to build an industrial ecosystem capable of supporting investors throughout the project implementation and operational journey. We are committed to mobilizing resources and working closely with consultants, contractors, and partners to ensure quality, progress, safety, and full compliance with applicable laws and regulations, while balancing business efficiency with the interests of our partners and communities and the sustainable development goals of the locality.”

The Thuong Dinh Industrial Park Infrastructure Investment, Construction and Business Project officially breaks ground

With the integrated infrastructure and comprehensive support services, Thuong Dinh Industrial Park is expected to attract capable enterprises with advanced technologies to Thai Nguyen Province, promote the development of supporting industries, create additional employment opportunities, and contribute to the province’s socio-economic development.

For further information, please read at vietnam.vn.

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