Major Dong Nai industrial park to be converted into urban area

Dong Nai has set a deadline for the removal of all firms and households from the Bien Hoa 1 Industrial Park before transforming the area into an housing, commercial and services area and improving the environment.

Authorities in the southern province of Dong Nai have set a deadline for the removal of all firms and households from the Bien Hoa 1 Industrial Park in Bien Hoa City before transforming the area into an housing, commercial and services area and improving the environment.

A corner of the Bien Hoa 1 Industrial Park. Photo by Nld

In a decision signed by the committee's chairman, Vo Tan Duc, the removal will be completed by December 2025.

The transformation aims to improve the city’s urban appearance, increase the efficiency of land usage and reduce pollution in the Dong Nai River.

After being cleared, the area will be developed into two segments: a 44-hectare political and administrative hub and a 283-hectare housing, commercial and services centre.

For the latter, developers will be selected through land use rights bidding, and the development is slated for completion by 2030.

Vietnam's oldest industrial park was built in 1963, and now has over 70 businesses leasing land plots, with 67 of them valid until 2051.

Dong Nai authorities have asked concerned departments and agencies to speed up compensation negotiations with businesses and households in the park.

Dong Nai currently has 31 industrial parks in operation that house investors from 44 countries and territories. Some have been causing pollution, affecting local residents.