AMATA VN MARKS AMATA CITY PHU THO LAUNCH WITH GOVERNMENT-WITNESSED CEREMONY AND STRATEGIC MOU SIGNING

The launch ceremony formed part of a two-day programme bringing together government agencies, provincial leaders, business associations, and companies from both countries to promote investment cooperation and sustainable development. Among those present were H.E. Ms. Urawadee Sriphiromya, Ambassador of Thailand to Vietnam, and representatives of the Phu Tho Provincial People's Committee, underscoring official support for the project.

Representing Amata VN were CEO Mrs. Somhatai Panichewa, Deputy CEO Mr. Osamu Sudo, and General Director of Amata City Ha Long and Amata City Phu Tho Mr. Nguyen Van Nhan, together with other senior executives.

Amata City Phu Tho project

Amata City Phu Tho, also known as Doan Hung Industrial Park, spans 475.67 hectares with a total investment of US$185 million. The project follows key milestones already set out in earlier announcements, from the signing of the Memorandum of Understanding in May 2025 to the receipt of investment approvals in December 2025, leading to its official launch at Thai Connect 2026.

Positioned as a vital industrial hub in the Northern Gateway of Phu Tho province, Amata City Phu Tho boasts exceptional connectivity. Its direct access to National Road 70 and the Phu Tho - Tuyen Quang Expressway ensures seamless connectivity to the Hanoi - Lao Cai Expressway, drastically reducing freight times to the Lao Cai Border Gate with China, Noi Bai International Airport and seaports. This logistical edge is further amplified by a planned railway linking Lao Cai to Quang Ninh, positioning the park to become the new industrial hub for the Northern Midlands.

The project will be developed in two phases, with Phase 1 covering 239.43 hectares from 2025 to 2029. It is designed to attract high-value industries such as advanced manufacturing, electronics, semiconductors, supporting industries, and clean technology, helping strengthen Phu Tho's position as an emerging industrial base in Northern Vietnam.

Strategic MOU Signing

A key highlight of the event was the signing of several Memorandum of Understanding between Amata VN and its partners to support the project's development. The agreements are intended to advance cooperation in areas such as financing, industrial development, and other enabling frameworks that will help accelerate implementation and strengthen the project's long-term investment readiness.

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