Bao Ly - Xuan Phuong IC has basically completed key work items

Since its implementation in 2020, the IC has essentially completed critical components such as infrastructure, transportation, electricity and water supply as well as wastewater treatment systems. Currently, the investor is finalizing environmental licensing procedures and completing the acceptance of construction components. To date, three secondary investors have signed land lease contracts for an area of 11.85 hectares, accounting for 60% of the project's industrial land area. Among them, two investors have been granted investment certificates for the IC, while one investor is completing procedures to obtain an investment certificate. The registered investment value is approximately VND 1,500 billion.

Bao Ly - Xuan Phuong IC is expected to be selected as a landmark project celebrating the 21^st Thai Nguyen Province Party Congress

Identifying the industrial and construction sector as one of the key drivers of economic growth, the Provincial People's Committee has directed the Department of Industry and Trade to collaborate with the infrastructure investor to enhance promotion, introduction and support for secondary investors in the IC. The goal is to attract approximately VND 394 billion in off-budget domestic investment into industrial clusters in the first quarter of 2025 and around VND 2,454 billion in the second quarter.