### Groundbreaking Progress in Haiphong’s Free Trade Zone
Haiphong, a city transitioning into a bustling industrial hub, has taken a significant leap forward with the groundbreaking of the Tien Lang Airport Industrial Park – Zone B (known as CEOZone Haiphong). This development is more than just infrastructure; it signifies the translation of a new institutional framework into real projects, bolstering Vietnam’s economic landscape.
#### A Beacon of Investment Opportunities
Recognized as one of the most attractive investment destinations in Vietnam, Haiphong possesses an array of systemic strengths contributing to its allure. Positioned as the primary maritime gateway of the Northern Key Economic Region, this city not only facilitates trade and connectivity for the northern region but also for the entire nation. With diverse transportation modalities—including road, rail, inland waterways, maritime, and aviation—Haiphong has solidified its status as the largest industrial hub in Northern Vietnam.
#### Infrastructure and Governance
The city boasts ample development space complemented by well-planned infrastructure. This infrastructure is crucial for attracting high-quality foreign direct investment (FDI). Haiphong’s governance is equally impressive, consistently ranking high in investment climate indices such as the Provincial Competitiveness Index and the Provincial Green Index. Local leaders are not just planning but actively supporting the business community through a strategic vision that emphasizes both responsibility and efficiency.
#### A New Model in the Free Trade Zone
The emergence of the Haiphong Free Trade Zone (FTZ) marks a dramatic shift towards a development model that pivots on the quality of capital flows, technology, and innovation. Rather than focusing on cost-driven growth, Vietnam is piloting a strategy that aligns with international standards, offering streamlined procedures, automated customs, and long-term tax incentives. These incentives foster an environment ripe for research and development as well as the promotion of high-tech and clean manufacturing practices.
#### CEO Group: Pioneering Next-Generation Infrastructure
CEO Group, with 25 years of experience, is at the forefront of transforming Haiphong’s industrial landscape. The CEOZone Haiphong project—covering 186.49 hectares with an investment of nearly VND 2.8 trillion ($106.6 million)—is a cornerstone in this strategy. This endeavor introduces the next-generation industrial park model that emphasizes sustainability and smart technology. Located strategically along key expressways and close to vital facilities like the Nam Do Son deep-water seaport, CEOZone promises exceptional multimodal connectivity.
#### Attractive Advantages for Investors
Situated within both the Southern Haiphong Economic Zone and the FTZ allows CEOZone Haiphong to thrive amid favorable institutional frameworks. The project is poised to attract high-tech, low-emission, high value-added investors, especially as global supply chains undergo restructuring. This dual advantage of infrastructure and institutional support enhances its appeal significantly.
#### Job Creation and Economic Impact
At the ceremonial groundbreaking, Doan Van Binh, Chairman of CEO Group, shared insights into the potential impact of CEOZone Haiphong. When fully operational, the park is expected to draw approximately $1.5 billion in secondary investments, generating around 20,000 jobs for local residents. The positive ripple effect extends to urban development, service expansion, and the logistics ecosystem of Haiphong, fundamentally contributing to the region’s socioeconomic development.
#### Government Commitment and Support
Haiphong’s leaders are committed to facilitating this project. Vice Chairman Le Trung Kien emphasized the importance of the Tien Lang Airport Industrial Park – Zone B in the city’s industrial and logistics strategy. The government’s proactive approach is geared toward ensuring that the project is executed efficiently and on schedule, further reinforcing Haiphong’s status in the competitive industrial landscape.
#### A Paradigm Shift in Industrial Development
The groundbreaking of CEOZone Haiphong is a milepost that signifies a broader shift in Haiphong’s industrial development. Moving beyond extensive growth, this initiative embraces a more selective attraction of quality investments. Tien Lang is evolving into a vital link in the global industrial and logistics value chain, setting a new growth model for the region.
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| The groundbreaking ceremony for Tien Lang Airport Industrial Park – Zone B (CEOZone Haiphong) |