Luu Binh Industrial Park

Luu Binh Industrial Park is a large-scale industrial park project in Quang Xong area, Thanh Hoa Province. It is oriented towards a modern, high-tech industrial park model, prioritizing industries such as electronics, telecommunications, information technology, and component assembly. The 1/2,000 scale zonal construction planning was approved by the People's Committee of Thanh Hoa Province under Decision No. 1476/QD-UBND.

General Overview

• Project Name: Luu Binh Industrial Park
• English Name: Luu Binh Industrial Park
• Planning Location: Quang Xong Area, Thanh Hoa Province
• Area: Approximately 413.77 ha
• Expected Workforce Scale: Approximately 29,000 people
• Planning: 1/2,000 Scale Zonal Construction Planning
• Occupancy Rate: Greenfield / New IP
• Orientation: Modern High-Tech Industrial Park
• Infrastructure Developer: Currently seeking / inviting investors

According to the approved master plan, Luu Binh IP spans across the communes of Quang Binh, Quang Luu, Quang Loc, and Quang Nhan in former Quang Xong District.

The project site boasts advantageous connections with National Route 1A, inter-regional transport routes, and the industrial infrastructure system of southern Thanh Hoa. This location provides favorable connectivity to Thanh Hoa City, Nghi Son Economic Zone, and manufacturing and logistics hubs across the province.

Scale and Phasing

The total research area for planning is approximately 470 hectares, organized into 3 phases:

• Phase 1: Approximately 161.30 ha
• Phase 2: Approximately 140.57 ha
• Phase 3: Approximately 141.90 ha

The planning aims to flexibly arrange land funds for factories and enterprises, with the capability to combine multiple plots to accommodate large-scale projects and attract supply-chain anchor businesses.

Priority Industries

A key highlight of Luu Binh IP is its high-tech industrial orientation, rather than merely developing a traditional multi-industry park.

Priority industry groups include:

• Electronics
• Telecommunications
• Information technology
• Electronic component assembly
• High-tech industries
• Supporting industries
• Component and spare part manufacturing
• Clean, high-tech manufacturing sectors

According to the master plan, the industrial park aims to attract large enterprises as anchors/nuclei, thereby establishing a supply chain and an industrial ecosystem around them.

Development Potential

Luu Binh IP can be regarded as a large-scale industrial land bank in development, distinguishing itself from fully occupied parks such as Hoang Long. This is a notable opportunity for investors seeking new industrial land in Thanh Hoa.

In particular, Luu Binh's high-tech orientation creates opportunities to build a supporting business ecosystem rather than focusing solely on standalone manufacturing plants.