Thanh Hoa Province officially signed 14 Memoranda of Understanding (MoUs) with both domestic and international investors at the Investment Promotion Conference held on March 28–29.
The total projected investment for these projects reaches nearly VND74.8 trillion (approximately $2.8 billion), covering a total land area of over 3,736 ha.
These large-scale projects focus on key pillars of the economy—including industrial park infrastructure, logistics, seaports, and transportation—and are expected to create a major breakthrough for the province's socio-economic development.
Among the 14 agreements, the most prominent is the Logistics Center and Auxiliary Services Project invested by FLC Group. Located in Dong Son and Dong Tien wards, the project has a total investment of VND19 trillion (over $720 million) and spans 300 ha.
FLC Group also committed to the development of an R&D Research and Application Center in Sam Son. This project, worth VND8.75 trillion ($332 million) and covering 51 ha, aims to foster high-tech research and technological applications in the region.
In the aviation sector, Sovico Group has proposed a major upgrade for Tho Xuan Airport. With a total investment of VND8.2 trillion ($311 million) and a massive scale of 1,092 ha, this project is considered a key strategic priority for provincial connectivity.
Regarding industrial infrastructure, Thang Long Thanh Hoa Industrial Park Co., Ltd. signed an MoU for Phase 2 of the Thang Long Thanh Hoa Industrial Park (located west of Thanh Hoa City). This project represents an investment of VND10 trillion (nearly $380 million) and will utilize 478.2 ha of land.
