Industrial Park Infrastructure Investment Creates Ready Land for Large-Scale Projects
By accelerating site clearance and infrastructure development across industrial parks, Lam Dong is creating investment-ready land to attract large-scale projects and strengthen long-term industrial growth.
Occupancy Rates Continue to Rise
Lam Dong's industrial parks (IPs) attracted two additional investment projects in July 2026, bringing the total to 13 projects covering 21.04 hectares in the first seven months of the year, including two foreign-invested (FDI) projects and 11 domestic projects. The result represents 76.47% of the province's annual target for newly licensed projects.
During the same period, 13 secondary projects advanced to the construction phase with a combined investment value of approximately VND 2.72 trillion. As a result, the occupancy rate across the province's industrial parks increased to 55.7%, with 251 active projects—59 FDI and 192 domestic—occupying nearly 740 hectares of industrial land.
Alongside investment promotion, infrastructure developers have continued upgrading technical facilities to improve the attractiveness of industrial parks for secondary investors.
Ham Kiem I Industrial Park plans to maintain and upgrade its infrastructure while seeking investors for the remaining 42.52 hectares of industrial land. Meanwhile, Binh Tan Investment JSC, the developer of Ham Kiem II Industrial Park, expects to complete the remaining infrastructure works by August 2026 and aims to lease approximately 100 hectares to secondary investors this year.
The Provincial Industrial Parks Management Board is also working with local authorities to accelerate compensation and land clearance at Son My I, Son My II (Phase 1), Tan Duc, Loc Son, Phu Hoi, Nhan Co II, Tuy Phong and Phan Thiet Phase 2 industrial parks.
At Son My I Industrial Park, covering 1,074 hectares, inventory work has been completed on more than 80% of the project area, while legal verification has been carried out for 551.64 hectares involving hundreds of households, organizations and land users.
Building Ready Land for Strategic Investment
Despite steady progress in compensation and site clearance, the Provincial Industrial Parks Management Board noted that the delivery of cleared land remains slower than required to accommodate large-scale investment projects.
The province has also yet to attract the number of high-tech, high-value-added industrial projects expected. During the first seven months of 2026, the 13 newly licensed projects registered a combined investment value of more than VND 640 billion (VND 570.331 billion and USD 2.7 million), equivalent to just 4.74% of the annual investment target.
To improve investment attraction, provincial authorities will continue working with relevant agencies and local governments to resolve bottlenecks related to land valuation, land origin verification, resettlement and compensation. Priority will also be given to completing technical infrastructure and preparing investment-ready land, particularly at Son My I and Son My II (Phase 1), while accelerating land clearance for newly planned industrial parks under the Provincial Master Plan.
In addition to fulfilling the 2026 target, the Provincial Industrial Parks Management Board aims to attract around 20 new investment projects in 2027, further increasing occupancy rates and contributing to the province's goal of achieving double-digit economic growth.
In mid-July 2026, Chairman of the Lam Dong Provincial People's Committee Ho Van Muoi chaired a working session with the Provincial Industrial Parks Management Board to review the progress of Son My I Industrial Park.
The chairman said the project's main challenge was no longer land clearance but ensuring strong determination and coordinated action among the relevant authorities. He directed agencies to accelerate implementation so that the industrial park could begin attracting investors by the end of 2026.
Once operational, Son My I Industrial Park is expected to become a strategic growth engine, generating employment, increasing state budget revenue and creating a strong spillover effect on industrial investment across the province.
Under Resolution No. 14, issued by the Provincial Party Standing Committee on May 26, 2026, Lam Dong aims to develop 35 industrial parks by 2030. Existing parks under development are expected to achieve occupancy rates above 75%, while industrial parks developed during the 2026–2030 period are targeted to reach an average occupancy rate of 55%.