Khanh Hoa Province – The operating term of Du Long Industrial Park, located in Thuan Bac Commune, Khanh Hoa Province, has officially been extended to April 27, 2077, pursuant to the 6th amended Investment Registration Certificate issued by the Management Board of Khanh Hoa Economic Zone and Industrial Parks.
According to information announced at an official ceremony held on the afternoon of May 25, 2026, the Management Board of Khanh Hoa Economic Zone and Industrial Parks awarded Investment Registration Certificates to 13 projects located in Van Phong Economic Zone and industrial parks across the province, including six newly licensed projects and seven adjusted projects, with a combined registered investment capital of approximately VND 7.483 trillion.
Among the adjusted projects, Du Long Industrial Park was one of four projects approved for an extension of operating term from 50 years to 70 years.
The four projects granted operating-term extensions include:
In addition to operating-term adjustments, several projects also received capital increases. Co Ma High-End Urban Area’s total investment capital was revised to VND 7.0755 trillion, Phuoc Nam Industrial Park increased to over VND 2.6882 trillion for Phase II development, while Seyoung Vina Factory added VND 54 billion.
Du Long Industrial Park was first granted its Investment Registration Certificate on April 27, 2007. For many years after licensing, the project faced significant implementation and investment attraction challenges and was often cited as an underdeveloped industrial park that had yet to realize its approved development potential.
Following restructuring and the transition to its current investor, Du Long Industrial Park has progressively upgraded infrastructure, adjusted planning orientation, and recorded notable improvements in attracting secondary manufacturing projects.
According to reports from the Khanh Hoa Economic Zone and Industrial Parks Management Board, the industrial park has so far attracted 10 secondary investment projects, including approximately USD 73 million in FDI and VND 2.475 trillion in domestic capital. Of these, three projects are already operational, generating employment for approximately 10,000 workers.
Under the 6th amended Investment Registration Certificate, the Du Long Industrial Park infrastructure development and operation project covers 407.28 hectares, with a total infrastructure investment of VND 2 trillion, developed by Hoang Thanh Du Long Industrial Park Investment JSC.
The project’s revised operating term is now 70 years from the date of the original investment certificate issuance on April 27, 2007, extending through April 27, 2077.
The adjustment was approved pursuant to Clause 2, Article 31 of Investment Law No. 143/2025/QH15, which permits projects located in areas with difficult or exceptionally difficult socio-economic conditions, or projects requiring substantial capital investment with long capital recovery periods, to be granted operating terms of up to 70 years.
According to provincial authorities, Du Long Industrial Park is located in an area classified as having especially difficult socio-economic conditions. The previous remaining project term of approximately 31 years was considered a limiting factor in attracting strategic, large-scale investors with long-term capital recovery requirements.
The extension of Du Long Industrial Park’s operating term to 2077 is expected to provide stronger legal and commercial foundations for future investment attraction, particularly for projects involving large-scale capital commitments, extended investment cycles, and long-term infrastructure utilization needs.
With the guidance and close support of the Khanh Hoa Economic Zone and Industrial Parks Management Board, the adjustment process was carried out in full compliance with legal regulations, helping remove a key bottleneck for long-term investment attraction.
Nearly two decades after its initial licensing, this milestone is viewed as opening a new development chapter for Du Long Industrial Park, creating additional room to attract large-scale projects, stabilize industrial operations, and contribute to the broader industrial development of Thuan Bac Commune and Khanh Hoa Province as a whole.
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