Phu Tho Strengthens Its FDI Momentum with $290 Million Expansion in Electronics Investment

In an important start to 2026, Phu Tho province in northern Vietnam has successfully attracted an additional $290 million in foreign direct investment (FDI) through expansions at two electronics projects backed by South Korean and Japanese firms. This latest investment wave reinforces Phu Tho’s growing reputation as a competitive destination for high-tech production and global supply chain integration.

New FDI Expansions in Electronics Drive Growth

At a ceremony on January 9, 2026, Deputy leaders of Phu Tho province granted revised investment certificates for two major FDI projects, marking a combined $290 million increase in registered investment capital.

• BHflex Vina (South Korea) will add $140 million to its existing electronics components facility in Khai Quang Industrial Park, bringing its total investment to $310 million. This expansion supports production of electronic components for the global supply chain.
• Meiko (Japan) will inject $150 million more into its printed circuit boards (PCB) manufacturing operations at Bo Trai Song Da Industrial Park, increasing the project’s total to $350 million.

These project expansions not only bring immediate capital inflows but also sharpen Phu Tho’s competitive edge in electronics manufacturing, a high-value sector crucial to global technology supply chains.

Strategic Position on the Investment Map

Growing attractiveness for FDI reflects multiple strategic advantages:

• Industrial Park Growth: With a network of industrial parks and planned expansions, Phu Tho offers ample space and infrastructure for large manufacturing projects.
• Proximity to Key Markets: Located near Hanoi and major logistics corridors, Phu Tho is well positioned to serve both domestic and export-focused operations.
• Supportive Business Environment: Local policies and administrative support continue to streamline investment procedures and enable rapid project scaling.

These factors contribute to Phu Tho’s emergence as an FDI magnet in northern Vietnam, particularly in high-tech and electronics manufacturing clusters.

Impact on the Local Economy and Industrial Base

These recent FDI expansions reinforce broader economic momentum in Phu Tho:

• In 2025, Phu Tho’s FDI enterprises recorded strong performance metrics — with significant revenue growth and export value increases, highlighting the contributions of foreign-invested firms to the provincial economy.
• Phu Tho is actively targeting ambitious FDI and domestic investment goals for 2026, with plans to attract upwards of 40 FDI projects totaling roughly $1.5 billion, alongside numerous domestic ventures.

These targets underline the province’s commitment to sustaining investment attraction, expanding industrial land development, and enhancing overall economic performance throughout the region.

Broader Implications for Electronics and High-Tech Sectors

The expansion investments from BHflex Vina and Meiko align with Phu Tho’s broader industrial trajectory toward electronics, precision manufacturing, and high-value production. With the growth of supporting industries and an enriched supply chain ecosystem, the province is positioned to attract additional investments in semiconductor components, printed circuit boards, and other advanced electronics segments.

Phu Tho’s Rising Investment Profile

By securing an extra $290 million in FDI for electronics projects at the outset of 2026, Phu Tho signals a strong trajectory for investment growth and industrial diversification. With supportive policies, strategic location, and expanding infrastructure, the province is reinforcing its position as a key node in Vietnam’s high-tech manufacturing network. Continued success in attracting capital and scaling industrial operations will further enhance Phu Tho’s contribution to both regional development and national economic goals.

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