Making Thanh Hoa a logistics center of the Northern Central.
On February 19th, 2021, the People’s Committee of Thanh Hoa Province held a MOU signing ceremony with Asia Investment and Asset Management Joint Stock Company (ASHICO) and its partners on the investment project of the Northern Central Logistics Center and on the infrastructure construction of the Industrial Park No.6 in Nghi Son Economic Zone. It is expected the land area used for the project is 395ha (370 ha of the Industrial Park no.6 and 25ha belonging to the seaport planning). The term of the project is 50 years from the date of the investment certificate granted; the total investment capital is VND 6,000bn.
The Northern Central Logistic Center in Nghi Son Economic Zone- which will be invested, built and put into operation- will create a large source of revenue for the provincial budget. At the same time, it will help develop other sectors and fields related to logistics services. Developing sea transport services will help develop ship building and repair industry. Reducing logistics costs will help reduce costs and improve competition abilities of goods being locally manufactured. The Industrial Zone no.6 and Nghi Son Economic Zone will have modern infrastructures that meet requirements from investors, facilitate business production activities in the economic zone and attract investments. On the other hand, the project offers job opportunities to thousands of laborers, improves the human resource quality and attract high-skilled labor sources from neighboring provinces to Thanh Hoa.
