Infrastructure developer Deep C urged to expand industrial zones in Hai Phong

Hai Phong authorities have asked industrial zone (IZ) infrastructure developer Deep C to build more facilities in the northern port city.

During a working visit to Deep C Industrial Zones on Tuesday, Hai Phong's Party chief Le Tien Chau praised the complex for successfully attracting quality investors, contributing positively to the development of the city.

An executive at the IZ asked municipal authorities to facilitate the implementation of its clean electricity production project at the Dinh Vu landfill area, remove planning-related problems facing its projects, and expand the city’s tanker terminal.

The executive also expressed an interest in acquiring the municipal People’s Committee’s stake in the Dinh Vu IZ joint venture.

Deep C Industrial Zones has three IZs in Hai Phong which are home to 94 foreign direct investment (FDI) projects with an investment capital of nearly $5 billion. The projects are mainly in the fields of logistics, electronics, and manufacturing of automobiles-motorcycles and spare parts. The complex has also attracted 51 domestic investment projects worth VND16.3 trillion ($687 million).

In 2022, enterprises located in Deep C Industrial Zones recorded revenue of $5.9 billion and export turnover of $2.32 billion. They paid more than VND1.04 trillion ($44.4 million) to the state budget, and created jobs for nearly 13,500 workers.

The complex is applying sustainable development criteria set by the United Nations Industrial Development Organization (UNIDO). In addition to investing in developing high-quality and synchronous infrastructure, Deep C Industrial Zones is one of the pioneers in using clean and renewable energy in IZ management and operations, while implementing solutions to promote sustainable development.

Investment projects located in the complex are using high technology and are environmentally friendly, following the trend of green development.

Deep C Industrial Zones is an IZ and seaport system developed and operated by Belgian investor Rent-A-Port in Hai Phong and Quang Ninh province, two growth engines in northern Vietnam. The complex is connected to the Lach Huyen deep-water port, Cat Bi international airport, and an expressway system that forms the northern region's infrastructure backbone.

Deep C Industrial Zones marked its presence in Hai Phong in 1997 with Deep C Hai Phong 1 Industrial Zone, also known as Dinh Vu IZ. After more than 24 years of development, the complex now has three industrial zones in Hai Phong and two others in Quang Ninh, covering a total area of 3,400 hectares.