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The New Lam Dong Province After Merger: Southern Vietnam’s New Industrial Real Estate Hub

After the provincial merger, the new Lam Dong province has quickly emerged as a bright spot on Southern Vietnam’s industrial economic map. Boasting the largest scale in the country, a multimodal transportation ecosystem, and abundant land, this locality is strongly attracting FDI into the industrial real estate sector.

Lam Dong After Merger: The New Economic and Industrial Center of the Central Highlands – South Central Coast Region

Following the provincial merger process involving Lam Dong, Binh Thuan, and Dak Nong, a new administrative unit – the new Lam Dong province – has officially formed, creating an economic entity with the largest area in the country. With a total area of over 24,000 km², a population of approximately 3.87 million people, and a GRDP reaching 320 trillion VND, the province not only benefits from its sheer size but also possesses all the elements to become a new growth pole for the South Central Coast and Central Highlands regions.

The new Lam Dong province boasts a diverse economic ecosystem, including abundant natural resources (forests, sea, bauxite), concentrated agricultural raw material areas, and a strategic position directly connecting with key Southern economic regions through its existing transportation network. All four modes of transport – road, rail, air, and sea – are integrated, facilitating domestic and international trade.

In the context of global supply chain restructuring, manufacturing corporations are tending to shift towards localities with competitive costs, synchronized infrastructure, and long-term growth potential. The new Lam Dong province, leveraging the advantages of the provincial merger and its regional development planning vision, is emerging as a strategic destination for FDI. This is a crucial premise to foster the development of the industrial real estate sector, especially integrated industrial park models built to international standards, meeting green, sustainable, and flexible production space criteria.

Diverse Transportation Infrastructure – A Strategic Lever for Industrial Real Estate in the New Lam Dong Province

After the provincial merger, the new Lam Dong province inherits a diverse inter-regional transportation system, including roads, railways, air, and waterways, enhancing its regional and international connectivity. This is a fundamental condition for promoting sustainable and modern industrial real estate development.

1. Road: The Inter-Regional Connection Axis for the Central Highlands – Coast – Southeast Region

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A vital transportation route helps quickly connect the new Lam Dong province and the Southeast key economic region – a big advantage for industrial real estate development.

The new Lam Dong province is witnessing a strong wave of investment in its road transportation system, especially strategic national highways and expressways:

  • The HCMC – Long Thanh – Dau Giay – Phan Thiet Expressway is a crucial route connecting HCMC with Eastern provinces and the South Central Coast region. This route includes two main sections: HCMC – Long Thanh – Dau Giay Expressway and Dau Giay – Phan Thiet Expressway.
  • National Route 28, over 300km long, connects Dak Nong – Lam Dong – Binh Thuan, and is proposed for upgrading to a mountainous Class III road with a total capital of approximately 7.7 trillion VND. This route will not only shorten travel time between Da Lat City and Phan Thiet City but also serve as an efficient transportation axis between the highlands and Phan Thiet seaport – a critical factor for investors’ logistics needs.
  • The Gia Nghia – Chon Thanh Expressway, 124km long, has commenced construction with a total investment of 25.54 trillion VND. This route is expected to create a breakthrough in connecting the Central Highlands – Southeast region, fostering the development of processing and mining industries and unlocking existing industrial real estate potential.
  • The Gia Nghia (Dak Nong) – Bao Lam (Lam Dong) driving route and the proposal to extend National Route 55 promise to play a crucial bridging role between internal industrial parks and inter-provincial expressways in the 2026–2030 period.
  • The Provincial People’s Committee has also proposed adding the Dak Nong – Lam Dong – Binh Thuan Expressway to the national road network plan until 2050, aiming to optimize the Phan Thiet – Da Lat – Gia Nghia connection chain.
  • Notably, the Bao Loc – Lien Khuong Expressway (Phase 1), under the PPP model, when completed, will reduce travel time from HCMC to the provincial center to just 3–4 hours. This opens up opportunities for manufacturing – logistics investment within an efficient travel radius for FDI and SMEs.

2. Air Transport: Expanding International Connectivity – A Strategic Lever for Investment Attraction

After the provincial merger, the new Lam Dong province boasts a rare advantage, possessing two strategic airports in the region: Lien Khuong International Airport and Phan Thiet Airport – forming a dual air axis to promote international and inter-regional trade.

Lien Khuong International Airport is currently undergoing upgrades with a total investment of 7.748 trillion VND, with the phase until 2030 completing runway expansion and constructing a new international terminal. When finished, the airport will be capable of receiving direct flights from Japan, South Korea, and Thailand – key FDI markets with significant demand for ready-built factories and green manufacturing investments.

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Lien Khuong Airport becomes the first international airport in the Central Highlands region.

Concurrently, Phan Thiet Airport – located in the easternmost part of the new province – is also finalizing its last components for early operation. This is one of the national key airports, aimed at serving air logistics needs, high-end tourists, and technical experts from HCMC, Central Vietnam, and internationally to industrial parks in Duc Linh, Bao Loc, Bac Binh, etc.

The parallel presence of these two airports not only shortens travel time but also increases air logistics capacity – a factor increasingly valued by FDI enterprises when choosing factory locations.

With air infrastructure developed with a regional and international connection orientation, the new Lam Dong province possesses all the necessary conditions to become a high-quality industrial real estate center, especially for businesses requiring flexible operations, fast connectivity, and adherence to global ESG criteria.

3. Rail Transport: Potential Driver in Long-Term Logistics Development Strategy

The province’s rail transport system is evaluated as one of the long-term development axes with the potential to create breakthroughs in large-volume transport capacity and optimize logistics costs – a key factor for the development of industrial real estate.

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The North-South railway line passes through Binh Thuan province.

Currently, the North-South railway line passing through the province’s territory continues to serve as a national backbone, connecting major economic centers from North to South. While there isn’t yet a dedicated railway line connecting Dak Nong – Lam Dong – Binh Thuan, this simultaneously opens up new planning potential, especially in the 2026–2050 period as the Government accelerates transportation restructuring towards sustainability and regional connectivity.

With the strong development of green and modern industrial parks, the demand for large-volume goods transportation by environmentally friendly means like rail will increasingly rise. This creates a requirement and an opportunity for the locality to proactively propose adding new railway line planning, connecting from the center of the new Lam Dong province to logistics hubs, seaports (Phan Thiet, Vinh Tan), and key industrial provinces in the South.

In the long term, railway development will not only reduce pressure on the road system but also enhance the sustainability of supply chains – one of the important criteria for FDI enterprises when selecting industrial real estate investment locations in Vietnam.

4. Waterways: Seaport Network – Logistics Gateway to the World

After the provincial merger, the new Lam Dong province holds a strategic position bordering the East Sea, with a diverse seaport system acting as a crucial bridge between the Central Highlands, South Central Coast, and international shipping routes. This is a rare advantage that helps the locality build a complete logistics chain from raw material areas to export markets, particularly suitable for the development of specialized industrial real estate closely linked to seaport infrastructure.

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Lam Dong develops a port transport system to meet the trend of international integration.

Currently, the locality has four main ports:

  • Vinh Tan International Port: A general port capable of receiving large-tonnage vessels, serving as a transshipment hub for the southern part of the province and industrial parks in Duc Linh, Bao Loc.
  • Phan Thiet Port: A traditional coastal port, serving near-shore cargo transport and fishing logistics; it has the potential to become a mixed logistics center serving tourism and industry.
  • Phu Quy Port: Although small in scale, the port plays a strategic role in connecting goods and passengers to the island, aiming to develop the marine economy.
  • Son My Port: Currently attracting investment, part of the industrial – power – gas complex master plan, with potential to become a major energy and cargo transshipment center in the region.

These ports play a significant role in the multimodal transport chain, efficiently serving the needs of industrial development. The seaport system not only serves pure logistics but also drives the formation of port-side industrial parks, particularly suitable for heavy industries, chemical industries, renewable energy, and deep processing. In the context of strong FDI shifts into Vietnam, the demand for industrial real estate linked to seaports with short transportation times and optimized logistics costs is rapidly increasing.

The presence of a seaport system and multimodal connecting infrastructure is creating a solid foundation for the formation of strategic industrial complexes at the province’s trade gateway. Among these, HLI EcoHub Nam Ha stands out as a prominent industrial real estate project, providing LEED-certified ready-built factories, targeting FDI and SMEs pursuing sustainable manufacturing models.

Comprehensive Connectivity – Long-Term Competitive Advantage at HLI EcoHub Nam Ha

Located right at the southern gateway of the new Lam Dong province, bordering Binh Thuan and Dong Nai, HLI EcoHub Nam Ha boasts superior connectivity to the Southern key economic region – an area concentrating over 50% of the nation’s industrial production activities.

  • From the project, businesses can easily access vital transportation hubs such as: Dau Giay – Phan Thiet Expressway, HCMC – Long Thanh – Dau Giay Expressway, National Route 1A, etc.
  • Along with this is quick access to key seaports like: Cai Mep – Thi Vai Port, Cat Lai Port, Phuoc An Port, and major international airports including: Long Thanh Airport (under construction), Tan Son Nhat Airport.

This comprehensive infrastructure linkage helps businesses locating their factories at HLI EcoHub Nam Ha not only optimize logistics costs but also increase the speed of accessing domestic and export markets. This is one of the crucial competitive advantages that makes the project a priority choice in the trend of investment shifting towards new industrial areas after the provincial merger.

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HLI ECOHUB NAM HA READY-BUILT FACTORY

– Location: Nam Ha Hamlet, Tra Tan Commune, Lam Dong Province
– Hotline: 0964 582 346
– Email: contact@hoalonginvest.com
– Office: 19 Tran Quy Kien Street, Binh Trung Ward, HCM City

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