BIN Corporation signs partnership with Agribank to advance Phase 1 of NTB Industrial Park with a VND 200 billion credit package

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Mar 26, 2026

On March 11, 2026, at BIN Corporation Headquarters in Ho Chi Minh City, BIN Corporation signed a comprehensive cooperation agreement with the Vietnam Bank for Agriculture and Rural Development (Agribank) to provide financing for the development of infrastructure and AI data center facilities at Sub-zone B of NTB Industrial Park (Da Nang).

BIN Corporation signs partnership with Agribank to advance Phase 1 of NTB Industrial Park with a VND 200 billion credit package

The agreement marks a key step in the implementation of Phase 1 of the project, while reflecting the development direction of NTB Industrial Park as an integrated platform combining industrial production, energy systems, and digital infrastructure.

The project is developed by NTB Industrial Park Infrastructure Investment Joint Stock Company, a member of the BIN Corporation ecosystem, and is located in Thang Truong and Thang Dien communes, with a total planned area of 346 hectares.

Agribank and BIN Corporation sign an agreement to finance the development of infrastructure and AI data center facilities at Sub-zone B of NTB Industrial Park (Da Nang)

Agribank and BIN Corporation sign an agreement to finance the development of infrastructure and AI data center facilities at Sub-zone B of NTB Industrial Park (Da Nang).

Up to VND 200 Billion in Credit to Accelerate Phase 1 Development

Under the agreement, Agribank is expected to provide up to VND 200 billion in credit, accounting for approximately 65% of the total Phase 1 investment of over VND 345 billion, with the remaining capital contributed by the investor.

Phase 1 spans 35.4 hectares and focuses on the development of core infrastructure, including internal road networks, power systems, and supporting facilities for industrial operations.

At the signing ceremony, Mr. Le Hung Anh, Chairman of BIN Corporation, stated that Phase 1 prioritizes the synchronized development of technical infrastructure with a total planned investment of over VND 345 billion. He emphasized that completing infrastructure and legal procedures within a 6–12 month timeframe requires a high level of execution capability to ensure the project is ready for operation as scheduled.

Mr. Le Hung Anh, Chairman of BIN Corporation (left), with Agribank representatives at the signing ceremony

Mr. Le Hung Anh, Chairman of BIN Corporation (left), with Agribank representatives at the signing ceremony.

Developing an Integrated Industrial, Energy, and Digital Infrastructure Model

Beyond conventional industrial infrastructure, NTB Industrial Park is being developed as an integrated platform combining:

  • Industrial production infrastructure
  • Renewable energy systems
  • Digital infrastructure supporting computing and AI

Following Phase 1, the project is expected to expand with the development of ready-built factories, solar energy systems, and an AI Bare Metal data center with an initial capacity of approximately 5MW.

The total financing demand for these expansion phases is estimated at nearly VND 2 trillion in 2026.

Overview of the cooperation agreement signing ceremony.

Overview of the cooperation agreement signing ceremony.

Expanding into Digital Infrastructure and Global Market Connectivity

In its long-term strategy, the project aims to integrate industrial real estate with computing infrastructure and on-site energy systems.

The planned AI Bare Metal infrastructure is expected to provide GPU computing capacity to global markets through platforms such as Vast.ai, RunPod, and TensorDock.

This model is designed not only to meet the growing demand of technology-driven enterprises but also to generate stable long-term revenue streams, with payments processed in USD via international platforms.

Strengthening Financial Capacity for Large-Scale Infrastructure Development

The cooperation between BIN Corporation and Agribank helps strengthen the financial foundation for the development of industrial infrastructure aligned with high-tech industries.As demand for industrial, energy, and digital infrastructure continues to grow, aligning financial capacity with implementation planning has become a critical factor in ensuring project timelines and investment efficiency.

Agribank has recognized the thorough preparation of BIN Corporation Group in structuring the project’s multi-phase development roadmap from 2026 to 2030, including legal compliance, investment structure, and financial performance. Following the signing, Agribank Quang Nam Branch and Agribank Transaction Center will coordinate to complete the necessary procedures, enabling the timely implementation of the project’s first phase.

Master plan layout of Production Zone 1 – NTB Industrial Park.

Master plan layout of Production Zone 1 – NTB Industrial Park.

Towards a Next-Generation Industrial Model in Da Nang

The simultaneous development of industrial infrastructure, renewable energy, and AI computing capacity provides a foundation for NTB Industrial Park to attract new investment flows, particularly in high-tech manufacturing and digital infrastructure.

The project is positioned to serve both manufacturing enterprises and technology-driven businesses, contributing to the emergence of a new integrated industrial model in Central Vietnam.

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Contact Information

NTB Industrial Park

Vo Chi Cong Street, Thang Truong Commune, Da Nang City

Email: [email protected]

Hotline: +84 966 799 775

Website: www.ntbip.com

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