KCN Vietnam Breaks Ground on the KCN An Phat Project in Hai Phong
Location and Date
On October 2, 2025, in Hai Phong, Vietnam, a significant development in industrial real estate unfolded when KCN Vietnam Group Joint Stock Company (KCN Vietnam) broke ground on the KCN An Phat project. This venture signifies a crucial step in expanding the company’s influence within Vietnam’s Northern Key Economic Region.
Project Overview
The KCN An Phat project, strategically located within the An Phat High-Tech Industrial Park, spans an impressive 8.9 hectares. This expansive site will yield over 60,000 square meters of leasable space, incorporating high-quality, ready-built factories and warehouses. Notably, KCN Vietnam will debut two-story factory models in this project, accommodating a diverse range of business needs. From small to medium-sized enterprises (SMEs) to large multinational manufacturers, the factory sizes vary, with options starting at 1,000 square meters. Scheduled for completion in the second quarter of 2026, this project aligns with the Vietnamese government’s goal of attracting new-generation foreign direct investment (FDI) while fostering sustainable industrial growth in Hai Phong following the recent provincial merger.
Vietnam’s Investment Landscape
Vietnam’s appeal as an FDI destination continues to strengthen, as evidenced by the reported registered FDI capital reaching USD 26.14 billion by August 31, 2025—an impressive increase of 27.3% year-on-year. The government’s supportive measures for SMEs, including tax incentives and initiatives for digital transformation, foster a robust ecosystem that attracts international investors, particularly in high-tech sectors.
Strategic Economic Development
The merger of Hai Duong into Hai Phong has positioned the city as an even more strategic player in the Hanoi-Hai Phong-Quang Ninh economic triangle. The former Hai Duong region now occupies a central nexus in this corridor, linking Hanoi’s capital area with Hai Phong’s seaport and Quang Ninh’s industrial hubs. Enhanced infrastructure plays a vital role in this strategic positioning, offering seamless connectivity along National Highway 5A and the Hanoi-Hai Phong Expressway. Currently, Hai Phong ranks third in nationwide FDI attraction and is targeting an additional USD 3 billion in investments by year-end. Amidst this landscape, KCN Vietnam is committed to supporting Hai Phong’s industrial ambitions in sectors like electronics assembly and semiconductors.
Corporate Commitment to Growth
Mr. Hardy Diec, Chief Operating Officer of KCN Vietnam, emphasized the company’s commitment to assisting Hai Phong in attracting high-quality FDI and developing a sustainable industrial ecosystem. “By introducing new product types, including two-story factories and smaller units for SMEs, we aim to enhance operational efficiency and cost-effectiveness for investors,” Diec stated. This vision reinforces Vietnam’s status as a premier destination for high-value manufacturing.
Future Development Goals
The KCN An Phat project is an essential milestone in KCN Vietnam’s ongoing development strategy. It reflects their long-term ambition to enhance Vietnam’s role in the global supply chain, attract higher-quality investment capital, and foster sustainable industrial growth. With an unwavering focus on high-quality construction and comprehensive customer service, KCN Vietnam aims to provide exceptional industrial solutions that empower investors.
About KCN Vietnam Group
Founded in 2021, KCN Vietnam Group has quickly established itself as a professional industrial property developer, managing an impressive portfolio that includes ten high-quality, ready-built warehouse and factory projects across both southern and northern Vietnam. Noteworthy locations include Hai Phong’s DEEP C, Phuc Dien, and An Phat, as well as various sites in Bac Ninh, Dong Nai, Tay Ninh, and Ho Chi Minh City, encompassing a total land bank exceeding 300 hectares.
Vision and Recognition
KCN Vietnam’s mission revolves around the development, design, and management of industrial and logistics infrastructure to meet the soaring demand for high-quality industrial real estate. Their long-term vision encompasses expanding their investment portfolio to become the leading industrial real estate platform in Vietnam, playing a pivotal role in the country’s rise as a sustainable industrial hub on the global stage.
KCN Vietnam has received recognition as the Best Industrial Real Estate Developer by Nhip Cau Dau Tu Magazine for three consecutive years (2023-2025) and was honored among the Top 50 Sustainable Development Enterprises in 2024. Additionally, they ranked among the Top 10 Leading Real Estate Developers in Vietnam at the BCI Asia Awards in 2023.