KCN An Phat Project: A New Chapter for Industrial Development in Hai Phong, Vietnam
On October 2, 2025, a significant milestone was achieved as KCN Vietnam Group Joint Stock Company officially broke ground on the KCN An Phat project in Hai Phong, Vietnam. This initiative represents a crucial step in KCN Vietnam’s broader strategic plan for expansion in the Northern Key Economic Region, further solidifying the city as a key player in industrial growth.
Strategic Location and Project Features
The KCN An Phat project is strategically located within the An Phat High-Tech Industrial Park, previously situated in Hai Duong City. Spanning 8.9 hectares, the development will provide over 60,000 square meters of leasable space. This space will host high-quality, ready-built factories and warehouses designed to meet the diverse needs of businesses.
Notably, the project will introduce two-story factory models for the first time in Vietnam. This innovation will cater to a wide range of tenants, from small and medium-sized enterprises (SMEs) needing just 1,000 square meters to multinational manufacturers requiring larger units. Scheduled for completion in the second quarter of 2026, the project aims to attract new-generation foreign direct investment (FDI), aligning with government efforts for sustainable industrial growth.
Vietnam: An Attractive Destination for FDI
Vietnam’s allure as a destination for foreign direct investment is stronger than ever. As of August 31, 2025, the registered FDI capital reached an impressive USD 26.14 billion, marking a 27.3% increase year-on-year. Government initiatives aimed at supporting SMEs through tax incentives and digital transformation are fostering a robust ecosystem that appeals to international investors, particularly in high-tech industries.
The Economic Triangle and Strategic Advantages
Following the recent merger of Hai Duong into Hai Phong, the city has cemented its integral role within the Hanoi-Hai Phong-Quang Ninh economic triangle. The former Hai Duong area is pivotal in linking Hanoi’s capital region with Hai Phong’s bustling seaport and Quang Ninh’s industrial base. This geographical advantage is further enhanced by modern infrastructure such as National Highway 5A and the Hanoi-Hai Phong Expressway, which enable seamless connectivity with crucial industrial provinces like Bac Ninh and Hung Yen.
Ranked third nationwide in FDI attraction, Hai Phong is targeting an additional USD 3 billion in investments by year-end. In this context, KCN Vietnam is poised to contribute significantly to the city’s industrial ambitions across sectors such as electronics assembly, semiconductors, and precision engineering.
Commitment to Sustainable Industrial Growth
“KCN An Phat represents our commitment to accompany Hai Phong in attracting high-quality FDI and developing a modern, sustainable industrial ecosystem,” stated Mr. Hardy Diec, Chief Operating Officer of KCN Vietnam. The introduction of new product types, including flexible factory sizes and two-story models, is intended to optimize operational efficiency and cost-effectiveness for investors and reinforce Vietnam’s standing as a top destination for high-value manufacturing.
KCN Vietnam Group: A Leading Developer
Founded in 2021, KCN Vietnam is a professional industrial property developer focused on creating and managing high-quality industrial real estate. The company’s portfolio currently includes 10 strategically located projects across both Southern and Northern Vietnam. This includes renowned sites such as DEEP C and An Phat in Hai Phong, as well as developments in Bac Ninh, Dong Nai, Tay Ninh, and Ho Chi Minh City, covering over 300 hectares of land.
KCN Vietnam’s mission revolves around developing, designing, and managing infrastructure that meets the rising demand for quality industrial real estate. The company is focused not only on expanding its project offerings but also on supporting businesses in their growth and contributing to Vietnam’s sustainable development goals.
Recognition and Future Aspirations
KCN Vietnam Group has received accolades as the Best Industrial Real Estate Developer by Nhip Cau Dau Tu Magazine for three consecutive years (2023-2025) and was listed among the Top 50 Sustainable Development Enterprises in 2024. Additionally, the organization was recognized among the Top 10 Leading Real Estate Developers in Vietnam at the BCI Asia Awards in 2023.
Looking ahead, KCN Vietnam is committed to expanding its investment portfolio to emerge as the leading industrial real estate platform in Vietnam and play a critical role in establishing the nation as a sustainable industrial hub on the global stage.