Hoa Phu (Bac Ninh): A multi sector, high tech, and environmentally friendly Industrial park

In an interview with Business Forum Magazine, Ms. Chu Nguyen Sinh, Deputy General Director of Hoa Phu Invest Co., Ltd., noted that Hoa Phu Industrial Park benefits from a strategic location at the gateway connecting Bac Ninh, Thai Nguyen, and Hanoi, facilitating efficient logistics to international border gates.

Beyond its geographic advantages, Hoa Phu also serves as a model for green infrastructure, with well-planned technical systems and a centralized wastewater treatment facility that meets stringent standards. A transparent investment environment, synchronized infrastructure, and competitive costs have helped the park attract numerous enterprises in electronics components and precision engineering, achieving a rapid occupancy rate.

As Bac Ninh strives to become a regional high-tech industrial hub, expanding existing industrial parks like Hoa Phu is not merely a matter of increasing land area, but also a test of the investment environment. With a total planned area of 515 hectares, the 207-hectare Hoa Phu subdivision has already reached 100% occupancy, attracting 52 domestic and international investment projects.

Building on this foundation, the expansion of Hoa Phu Industrial Park is being actively implemented. Currently, Phase 1 of the expansion (85 hectares) has completed land clearance and technical infrastructure, with approximately 45 hectares ready to be handed over to investors for factory construction.

Bac Ninh’s investment environment: Solid pillars of support

Regarding the strong foundations of the investment environment, Ms. Chu Nguyen Sinh emphasized that government support plays a pivotal role. In addition to its strategic location, what businesses value most is the openness in mechanisms and the consistency in governance. The adoption of reform initiatives such as the “24-hour Green Channel” and a 60% reduction in administrative procedures has significantly shortened project implementation timelines, an essential factor where time directly translates into cost.

To sustain long-term growth and attract top-tier investors, Bac Ninh continues to innovate through flexible policies and a well-developed social infrastructure ecosystem. When authorities and businesses move in harmony, pressures related to infrastructure or timelines can be transformed into momentum for developing model industrial parks. Business satisfaction and a “service-oriented government” mindset serve as the strongest guarantees for the success of a sustainable industrial development strategy, positioning Bac Ninh firmly in the era of Industry 4.0, Ms. Sinh stressed.