### KCN Vietnam Group Breaks Ground on KCN An Phat Project
On October 2, 2025, KCN Vietnam Group Joint Stock Company (KCN Vietnam), a key player in Vietnam’s industrial property sector, marked a transformative moment in their expansion strategy by breaking ground on the KCN An Phat project in Hai Phong. This initiative is not just a new development but signifies a pivotal step in enhancing the Northern Key Economic Region’s industrial landscape.
### Location and Project Overview
Nestled within the An Phat High-Tech Industrial Park, the KCN An Phat project spans an impressive 8.9 hectares and will feature over 60,000 square meters of leasable space. This space will accommodate high-quality ready-built factories and warehouses designed to meet diverse manufacturing needs. A notable innovation in this project is the introduction of two-story factory models, which offer a unique solution for operational optimization. The sizes of the factories range from 1,000 square meters, catering to small and medium-sized enterprises (SMEs), to larger units intended for multinational corporations. The project is scheduled for completion in the second quarter of 2026, with ambitions to attract new-generation foreign direct investment (FDI).
### Aligning with Government Initiatives
Vietnam is positioning itself as a prime destination for FDI, with registered capital increasing to USD 26.14 billion as of August 2025—a remarkable 27.3% rise year-on-year. The government is actively promoting support measures for SMEs through tax incentives and digital transformation initiatives, which bolster the investment ecosystem and attract high-tech industries. KCN An Phat aligns seamlessly with these governmental efforts, supporting Hai Phong’s industrial ambitions and sustainable development post the recent administrative merger with Hai Duong.
### Strategic Importance of Hai Phong
The strategic merger has amplified Hai Phong’s role within the economic triangle of Hanoi, Hai Phong, and Quang Ninh. The former Hai Duong territory lies at a critical juncture, effectively bridging Hanoi’s capital region with Hai Phong’s bustling port and Quang Ninh’s extensive industrial base. This advantageous positioning is further enhanced by modern infrastructure, including National Highway 5A and the Hanoi-Hai Phong Expressway, facilitating smooth connectivity with major industrial provinces such as Bac Ninh and Hung Yen. As the third-ranking city in Vietnam for FDI attraction, Hai Phong is setting its sights on an additional USD 3 billion in investments by the end of 2025, making this a ripe moment for enterprises to consider entering the market.
### Commitment to Industrial Growth
“KCN An Phat represents our commitment to accompany Hai Phong in attracting high-quality FDI and developing a modern, sustainable industrial ecosystem,” shared Mr. Hardy Diec, Chief Operating Officer of KCN Vietnam. The introduction of innovative factory models and flexible sizes underscores the company’s dedication to enhancing operational efficiency for its investors. By focusing on high-value manufacturing, KCN Vietnam aims to bolster Vietnam’s reputation as a leading manufacturing hub.
### Ongoing Development and Future Vision
The KCN An Phat project is not merely another construction venture; it represents KCN Vietnam’s long-term vision to elevate Vietnam’s position in the global supply chain and attract substantial investments. The company is steadfast in its commitment to high-quality construction and comprehensive customer service, which empowers businesses and creates lasting value.
### About KCN Vietnam
Founded in 2021, KCN Vietnam has quickly become a noteworthy industrial property developer. Its portfolio encompasses ten high-quality ready-built warehouse and factory projects across industrial zones in both Southern and Northern Vietnam, amounting to over 300 hectares of land. With a mission to support the growing demand for premier industrial real estate, KCN Vietnam is dedicated to enhancing not just its future projects but also Vietnam’s sustainable growth trajectory.
### Recognition and Achievements
KCN Vietnam is not without accolades; it has been recognized as the Best Industrial Real Estate Developer by Nhip Cau Dau Tu Magazine for three consecutive years (2023-2025) and was placed among the Top 50 Sustainable Development Enterprises in 2024. Additionally, the group earned a spot among the Top 10 Leading Real Estate Developers in Vietnam at the BCI Asia Awards in 2023, highlighting its influence in the market and commitment to quality and sustainability.