Hue invests in 16ha Huong Phu Industrial Cluster

The People's Committee of the centrally-run city of Hue has approved the investment policy for the "Technical Infrastructure Investment for the Huong Phu Industrial Cluster" project, located in Phu Loc district.

The project will cover an area of 16.35ha, with a total investment capital exceeding VND176 billion (nearly $6.9 million). The construction and operational timeline is set at a maximum of 42 months.

The initiative aims to develop, operate, and manage technical infrastructure, paving the way for investors and contributing to the locality's socio-economic growth.

As part of its broader development strategy, the central city plans to establish and expand 20 industrial clusters by 2030 to meet growing land demand for investment, support the relocation of production facilities, ensure efficient land use, and enhance feasibility. A key objective is to equip 100% of these industrial clusters with centralized wastewater treatment systems that comply with legal standards.

The city estimates that the total capital required for the construction of technical infrastructure for industrial clusters during the 2021-2030 period will exceed VND6 trillion ($234.6 million).