Operations begins at Thang Long Industrial Park (Vinh Phuc) in Vietnam
Thang Long Industrial Park (Vinh Phuc) (TLIP III) has completed construction for Phase1 (104 hectares), and the Opening Ceremony was held on the 8th of November, 2018 at TLIPIII to mark this milestone (Opening Ceremony).
In this Opening Ceremony, we welcomed many guests from Vietnam and Japan, all of whom expressed hopes for future development and prosperity. Diplomatic relations between Japan and Vietnam were established 45 years ago in 1973, and the Opening Ceremony was included among the 45th anniversary celebrations officially endorsed by the Japanese Embassy in Vietnam. TLIPIII and the Japanese companies operating here will create more jobs and contributing to Vietnam’s industrial development.
Established in 2015 as the Sumitomo Corporation Group’s third industrial park in Vietnam, TLIPIII is located in Vinh Phuc Province which is only 44km away in the northern of Hanoi city, about 50 minutes by car, and will have a development area of 213 hectares. In March 2018, a Vinh Phuc Province Japan Desk was set up, since then it has been actively providing support for Japanese companies moving into Vietnam. Tenancy agreements have already been concluded with several companies. Phase2 development is expected to begin in early 2019 at a 109-hectare site southwest of Phase1 location.
Since the opening of Thang Long Industrial Park in 1997 and Thang Long Industrial Park II in 2005, Sumitomo Corporation has provided tenant companies with a full range of high-quality services, from assisting with local registration and permit application procedures to supporting subsequent facility operation. TLIPIII will leverage the two decades of experience it has gained in operating industrial parks in Vietnam to support further expansion of Japanese companies into Vietnam.
