Sumitomo Group accelerates IP project in Thanh Hoa

by | Nov 18, 2025 | Asia

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The Thang Long Thanh Hoa Industrial Park covering 167ha with investment capital in first phase estimated at $115.8 million.

Representatives from Japan’s Sumitomo Group held a working
session with authorities of Vietnam’s central Thanh Hoa province on November 17 to
accelerate the first phase of the Thang Long Thanh Hoa
Industrial Park (IP) project, which had been approved by the province in April this year.

The first phase, with a total investment capital of $115.8
million, covers 167 hectares. 

The project is expected to become a model industrial park,
targeting investors in high technology and supporting industries.

According to Mr. Yohei Kurisu, the project has completed
several key legal procedures and is being rapidly advanced in line with the
approved schedule.

The Chairman of the Provincial People’s Committee affirmed
that the province will direct relevant departments and agencies to form
specialized working groups, work closely with the investor, and proactively
resolve any difficulties or obstacles that may arise during project implementation.

VnEconomy-Thiên Anh

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Written by Albert Pham, News Curator and Blogger

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