HẢI PHÒNG — KCN Vietnam Group Joint Stock Company, one of the country’s leading industrial property developers, on Wednesday broke ground on the KCN An Phát project, a major step in its expansion within the Northern Key Economic Region.

Located in the An Phát High-Tech Industrial Park in Hải Phòng City, the 8.9ha development will provide more than 60,000 square metres of leasable space. It will feature ready-built factories and warehouses designed to meet a wide range of industrial needs.

For the first time, KCN Vietnam will introduce two-storey factory models alongside flexible factory sizes, from 1,000 square metres for small and medium-sized enterprises to larger units for multinational corporations.

The project, scheduled for completion in the second quarter of 2026, aims to attract new-generation foreign direct investment, supporting the Government’s vision and contributing to Hải Phòng’s sustainable industrial growth following its recent provincial merger.

“KCN An Phát represents our commitment to accompany Hải Phòng in attracting high-quality FDI and developing a modern, sustainable industrial ecosystem,” said chief operating officer of KCN Vietnam Hardy Diec.

“By introducing new product types, including two-storey factories and smaller units tailored for SMEs, we aim to optimise operational efficiency and cost-effectiveness for investors, reinforcing Việt Nam’s position as a premier destination for high-value manufacturing.”

The project is a key milestone in KCN Vietnam’s long-term strategy to strengthen the country’s role in the global supply chain, attract quality investment capital and promote sustainable industrial development. — VNS