HCMC – Authorities in Tuyen Quang Province on February 8 broke ground on the Phuc Ung 2 Industrial Cluster project, with total capital exceeding VND530 billion, as part of efforts to strengthen industrial infrastructure and attract new investment.
The project is developed by a consortium comprising Phuc Hung Investment and Trading JSC and Nhat Tan Trading and Trading Co. Ltd. The groundbreaking ceremony was held in Son Duong Commune.
Covering 48 hectares, the Phuc Ung 2 Industrial Cluster is designed as a modern and environmentally friendly industrial zone. Once completed, it is expected to provide ready-built industrial land and technical infrastructure to attract both foreign direct investment and domestic firms.
According to Bui Quang Hung, vice chairman of Phuc Hung Investment and Trading JSC, the project is projected to create jobs for around 3,000 local workers. It is also expected to support economic restructuring and industrial growth in the northern midland and mountainous region. The investors committed to deploying sufficient resources to ensure construction progress, quality, and compliance with legal requirements.
Speaking at the event, Nguyen Manh Tuan, standing vice chairman of the Tuyen Quang People’s Committee, said the province has prioritized the development of industrial parks and clusters with synchronized and modern infrastructure. Local authorities have also stepped up administrative reforms to improve the investment climate and facilitate business operations.
He called on relevant departments and local authorities in Son Duong to continue supporting the project to ensure timely completion and effective socio-economic outcomes. Environmental protection and community responsibility, he added, must remain key considerations during project implementation.
Provincial leaders reiterated their commitment to improving the business environment and building a service-oriented administration, stressing that investor success is closely tied to the province’s development.
