Hòa Phát Group (HPG) is set to invest 2.822 trillion VND in the Lý Thường Kiệt Industrial Park in Hung Yen, covering an area of 296.11 hectares, divided into two phases. Phase 1 includes 235 hectares for factories, warehouses, services, and technical infrastructure, expected to begin construction in Q1 2026 and finish by the end of Q4 2027. The project aims for sustainable development, prioritizing production sectors that generate economic benefits. Currently, the project land primarily consists of agricultural land. Hòa Phát is also developing other industrial parks and holds a total industrial park area of over 2,435 hectares, with occupancy reaching 95%.
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