WHA GROUP SPEARHEADS INDUSTRIAL EXPANSION IN THANH HOA WITH FOUR MAJOR MOU SIGNINGS

THANH HOA, VIETNAM – March 28, 2026 – On the sidelines of the prestigious Thanh Hoa Investment Promotion Conference 2026, WHA Industrial Development PLC. has officially solidified its commitment to the province’s growth by signing four pivotal Memoranda of Understanding (MOUs) for new industrial infrastructure projects.

The signing ceremony marked a historic day for Thanh Hoa, with a total of 14 MOUs signed by various global and local leaders, representing a staggering total investment of nearly VND 73,000 billion (~USD 2.9–3.0 billion).

WHA: A Strategic Pillar of Thanh Hoa’s Industrial Future

As a leading developer of internationally standardized industrial estates, WHA Group emerged as a key participant in the conference. The four MOUs signed by WHA focus on developing high-tech, sustainable industrial ecosystems across strategic locations in the province:

1. Thieu Quang Industrial Park
2. Thieu Hoa Industrial Park
3. WHA Smart Technology Industrial Zone 1 (Phu Quy IZ) – Phase 2
4. WHA Smart Technology Industrial Zone 2 (Giang Quang Thinh IZ) – Phase 2

These projects are designed to replicate WHA’s successful "Smart Eco" model, integrating advanced utilities, digital management systems, and environmental safeguards to attract high-value FDI to the Northern Technology & Industrial Corridor.

A $3 Billion Investment Milestone for the Province

The conference showcased a massive wave of capital flowing into Thanh Hoa, targeting industrial infrastructure, logistics, R&D, and aviation. Alongside WHA, other significant projects were announced, including:

• Logistics & R&D: FLC Group signed MOUs for logistics infrastructure and R&D centers totaling over VND 27,000 billion.
• Aviation Infrastructure: Sovico Group initiated a study project to upgrade Tho Xuan Airport, valued at VND 8,200 billion.
• Industrial Hubs: Major developments were also confirmed by Thang Long Industrial Park, Tan Phuc Hung Group, Viet Hung Group, and Dai Dung Mechanical Construction.

Leadership Perspective

Representing WHA at the event, leadership expressed high confidence in the province’s trajectory: "Thanh Hoa is rapidly emerging as a primary industrial engine for Vietnam. Our decision to expand into Thieu Hoa, Thieu Quang, and advance Phase 2 of our Smart Technology zones reflects our belief in the province’s strategic advantages and the proactive support of the Thanh Hoa Provincial People’s Committee."

The total registered investment from the day’s proceedings signals a new era for Thanh Hoa, positioning it as a top-tier destination for global capital and a regional leader in industrial and logistics excellence.