The Thai Tan Industrial Cluster will be located across the communes of Thai Tan, Nam Hong, and Hong Phong (Nam Sach District) with a total area of approximately 75 hectares. The project will be developed by Global Property Investment Joint Stock Company (GP Invest), with a total investment of over 1,000 billion VND.

At the March meeting of the Hai Duong Provincial People’s Committee, provincial leaders agreed with the proposal submitted by the Department of Industry and Trade regarding the establishment of the Thai Tan Industrial Cluster and approved the assignment of GP Invest as the project’s investor, according to Hai Duong Newspaper.

Specifically, the Chairman of Hai Duong People’s Committee has instructed the Department of Industry and Trade to coordinate with relevant agencies and units to review and complete the documentation for the cluster’s establishment, ensuring a clear legal basis for project implementation.

The Thai Tan Industrial Cluster spans across Thai Tan, Nam Hong, and Hong Phong communes in Nam Sach District, covering around 75 hectares, with GP Invest serving as the sole investor and committing over 1,000 billion VND in total capital.

The project is expected to attract investment from high-tech manufacturing, biotechnology, electronics, and new construction materials industries; renewable energy production; support industries for industrial services; and environmentally friendly sectors aligned with the province’s 2021–2025 industrial development plan, with a vision to 2030. The investor has committed to implementing and completing the technical infrastructure between 2024 and Q4 of 2028.

According to public information, GP Invest was formerly known as Global Petroleum Investment Joint Stock Company, founded in 2005. As of December 31, 2019, its charter capital stood at 400 billion VND. The company’s headquarters is located in Nghia Do Ward, Cau Giay District, Hanoi. The business is currently chaired by Mr. Nguyen Quoc Hiep.

According to its official website, GP Invest is currently the developer of numerous residential real estate projects, including luxury condominiums, townhouses, serviced apartments, and commercial office buildings.

In the real estate market, GP Invest is known for multiple projects across various provinces and cities, such as The Nine Pham Van Dong, Trang An Complex No.1 Phung Chi Kien, Minori Village 67 Truong Dinh, 249 Thuy Khue, 170 De La Thanh, and Nam Do Complex 609 Truong Dinh (Hanoi); Van Giang Urban Area (Hung Yen); and the Southwest Viet Tri Project (Phu Tho), among others.

With this new assignment as the investor for the Thai Tan Industrial Cluster in Hai Duong, Mr. Nguyen Quoc Hiep’s company officially expands its footprint into industrial real estate development.