Hòa Phát Group’s Hải Phòng Industrial Park Secures Second Land Lease

On November 12, 2026, the Hải Phòng People’s Committee approved the conversion of 749,924 square meters of land dedicated to rice cultivation in Gia Phúc Commune to non-agricultural use. It also approved a second land lease of 914,195.5 square meters to Công ty Cổ phần Phát triển hạ tầng khu công nghiệp Hoàng Diệu for the construction and operation of Hoàng Diệu Industrial Park infrastructure. The project site was formerly in Hải Dương Province and is now in Gia Phúc Commune, Hải Phòng.

Rendering of Hoàng Diệu Industrial Park.（VietVance）

Of the land in this lease, 627,755.2 square meters is designated for factories and warehouses, 143,076.2 square meters for green space, and 136,029.1 square meters for transport. The remainder includes land for technical infrastructure and water areas. The land-use term runs from the date the lease decision was issued until June 20, 2075, with land rent payable to the state annually.

The former Hải Dương People’s Committee approved the project’s investment policy and investor on June 20, 2025. The project covers more than 245 hectares, has total investment of nearly VND 3.4 trillion and an operating term of 50 years. Under the approval, implementation must take no more than 30 months from the approval date.

The project investor is a subsidiary of Hòa Phát Group (Công ty cổ phần Tập đoàn Hòa Phát). This is the group’s first industrial park project in Hải Phòng. The investor held a groundbreaking ceremony in May 2026 and had previously expected to begin leasing park infrastructure in the fourth quarter of 2026.

Source: VietVance