NTB INDUSTRIAL PARK ACCELERATES INFRASTRUCTURE DEVELOPMENT, TARGETING COMPLETION BY JUNE 2026

Accelerating Infrastructure Development with On-Site Progress Control

At the Nam Thang Binh Industrial Park site (Subzone B, Thang Dien and Thang Truong communes, Da Nang City), infrastructure works are progressing at a high pace. Construction is maintained continuously in three shifts per day, including weekends, with multiple teams working overtime at night to ensure overall project progress.

Key components currently under implementation include land leveling, internal road systems, water supply and drainage, and lighting infrastructure. Construction is organized in a synchronized manner, with a “complete-and-deploy” approach, helping reduce preparation time for subsequent phases and creating a foundation for secondary projects to be implemented earlier.

Panoramic view of NTB Industrial Park construction site under high-intensity development

Project Scale and Infrastructure Development Roadmap

The Subzone B infrastructure development project of NTB Industrial Park is developed by NTB Industrial Park Infrastructure Investment JSC, part of the BIN Corporation ecosystem founded by Mr. Le Hung Anh. The project spans 346 hectares, with Phase 1 investment of over VND 3,373 billion, and is implemented in multiple phases.

Phase 1, covering 35.4 hectares, has been officially leased and approved for construction by the Da Nang People’s Committee and is currently under active infrastructure development.

According to the development roadmap, the project sets out the following key milestones:

• June 2026: Completion of core infrastructure (roads, water supply & drainage, lighting)
• July 2026: Construction of the wastewater treatment plant
• Late 2026 – Early 2027: Expected operation of the first factory

The developer aims to complete Phase 1 infrastructure by June 30, 2026, thereby shortening preparation time and enabling secondary projects to be deployed and brought into operation.

Master plan of Phase 1 – NTB Industrial Park

Attracting Secondary Investors, Establishing a Technology and Energy Production Base

During the infrastructure development phase, NTB Industrial Park has already recorded strong interest and investment registrations from companies in the technology and energy sectors. 

Specifically, PacinfraX plans to develop an AI data center with an estimated investment of approximately USD 500 million over five years, covering around 5 hectares. In addition, VoltoraX Technology has registered to invest in a solar panel manufacturing facility and energy storage systems (BESS), with an estimated investment of around USD 40 million.

The presence of projects in data and energy sectors reflects a clear direction toward attracting high-tech industries, digital infrastructure, and energy-related manufacturing at NTB from the early stages of development.

According to the plan, upon completion of Phase 1, the project is expected to disburse approximately VND 2,500 billion, contributing to regional industrial development and supporting the city’s overall economic growth objectives.

Ground leveling and compaction works at NTB Industrial Park

Coordinated Efforts to Resolve Bottlenecks and Ensure Continuous Progress

During implementation, the project continues to face certain challenges, particularly related to land clearance and land origin verification in specific areas. The developer is actively coordinating with relevant authorities and local government to resolve these issues, ensuring uninterrupted progress while preparing for subsequent phases.

Emphasizing the implementation approach, Mr. Le Hung Anh stated: “Our current objective is to complete land leveling progressively and deploy infrastructure accordingly, while providing maximum support for secondary investors to implement their production and business operations.”

Alongside the developer’s efforts, the project is receiving close attention and direction from local authorities. Mr. Nguyen Manh Hung, Deputy Secretary of Da Nang Party Committee, has emphasized the need to accelerate infrastructure completion to facilitate early production deployment by secondary investors. He also highlighted that any arising issues should be proactively reported for timely support and resolution.

According to Mr. Nguyen Hong Quang, Head of the Chu Lai Open Economic Zone Authority, NTB Industrial Park is one of the major infrastructure projects and serves as a key growth driver for southern Da Nang. Currently, compensation and land clearance efforts are being actively coordinated, while site inspections and progress monitoring are being strengthened to minimize bottlenecks during implementation.

As Da Nang targets double-digit economic growth by 2026, the southern part of the city has been identified as a key growth area. Accelerating infrastructure projects and resolving implementation bottlenecks—including those at NTB—are therefore aligned not only with project timelines but also with the broader regional development objectives.

Mr. Le Hung Anh, Chairman of BIN Corporation (second from left), together with Da Nang City leaders inspecting the project.

Towards a Modern and Sustainable Industrial Park Model

NTB Industrial Park is positioned to attract industries with reduced emissions, increased adoption of renewable energy, and a focus on high-tech sectors and symbiotic manufacturing models.

Accelerating infrastructure development is not only aimed at meeting project timelines but also at shortening the time required for secondary projects to be deployed and brought into operation. This has become a critical factor as demand grows for industrial parks with integrated infrastructure, clear development direction, and proven execution capability.

With its current progress, NTB is steadily building a foundation to attract high-quality investment flows, supporting businesses in their production setup and long-term development in Central Vietnam.

Ready-built factories and production zones at NTB Industrial Park are attracting strong interest from both domestic and international investors.

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Contact Information

NTB Industrial Park

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

Email: [email protected]

Hotline: +84 98 475 9999

Website: www.ntbip.com

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