Vietnam to build first pharmaceutical-biological industrial park

Vietnam’s first pharmaceutical-biological industrial park project, which is designed to cover 300 hectares of land and requires an estimated investment of US$150-200 million, will be developed in Thai Binh Province, northern Vietnam. Once completed, the project is expected to draw a total registered investment of $800 million in 2024-27 and $2 billion in 2028-30. There are plans to establish additional pharmaceutical-biological industrial parks in the central and southern regions of Vietnam similarly to the maiden project in Thai Binh, delegates said at Saturday’s ceremony. Vietnam’s first pharmaceutical-biological industrial park project, which is designed to cover 300 hectares of land and requires an estimated investment of US$150-200 million, will be developed in Thai Binh Province, northern Vietnam. There are plans to establish additional pharmaceutical-biological industrial parks in the central and southern regions of Vietnam similarly to the maiden project in Thai Binh, delegates said at Saturday’s ceremony.