According to detailed plans announced on Oct. 15, the expansion of the Noi Bai IP aims to help boost the locality’s socio-economic development in the industry-service-agriculture sectors and to provide more jobs for local residents..

The project’s investor, Noi Bai Development Co., Ltd, is also proposing a scheme involving further expansion of the park to the Hanoi authorities.

The 100-ha Noi Bai IP has to date attracted 39 foreign investors and employed more than 15,000 workers, 50 percent of them are locals.