Tan Duc Industrial Park officially inaugurated.

With competitive and stable land lease prices and a long lease term (until 2071), it's understandable that investors are rushing to reserve land in Tan Duc Industrial Park, anticipating it will be fully occupied within the next 2-3 years.

Tan Duc Industrial Park is ready to welcome investors.

Orders are almost 30% full.

The dramatic transformation of the project area is evident to everyone returning to Tan Minh today (December 19, 2025) to witness the official inauguration of the Tan Duc Industrial Park. From an agricultural area with only a few houses and a distinctly arid character, it has now become a "nest for eagles," assessed by economic analysts as a convergence of strengths that cannot be replicated anywhere else. From another perspective, this is one of the projects celebrating the 14th National Congress of the Communist Party of Vietnam, and also contributes to the successful implementation of the Resolution of the 1st Congress of the Lam Dong Provincial Party Committee, term 2025-2030. This project has been conceived and developed over the past five years, a period marked by many memorable events, including the outbreak of the Covid-19 pandemic in July 2020 and its subsequent three-year stay. Amidst significant fluctuations in the global and domestic economic landscape, the State's land policies have undergone numerous changes.

Facing numerous difficulties arising during the project investment process, Sonadezi Binh Thuan, a member unit of Sonadezi Corporation with 35 years of experience in industrial park infrastructure investment in Vietnam, has persevered and strived to overcome them, especially in land clearance, which has reached 97.7%, equivalent to 293.1/300 hectares. This figure is the largest compared to the area of ​​other operating industrial parks in the province and is also an achievement, given the many changes in compensation and land clearance policies under the Land Law 2024, which came into effect on August 1, 2024.

“Above all, the current results are the culmination of the close cooperation, support, and assistance provided to businesses by the local government in both the pre- and post-merger phases of the province, the Provincial Industrial Parks Management Board, and various departments and agencies. Thanks to this, the project has achieved important milestones in accordance with the prescribed procedures. After 19 months since receiving the site handover, Sonadezi Binh Thuan has basically completed the construction of the technical infrastructure system for phase 1 of Tan Duc Industrial Park with a total implementation cost of over 900 billion VND out of a total project investment of 1,200 billion VND,” said a leader of Sonadezi Binh Thuan.

Notably, even before the Tan Duc Industrial Park was fully formed, domestic and foreign investors had already discovered and sought out the project, essentially placing orders in advance. This resulted in a significant increase, pushing the occupancy rate of the industrial land to 29.45%, or 62.1/210.84 hectares of commercial land. Specifically, the Tan Duc Industrial Park has attracted 12 FDI and DDI projects, including 7 investment projects (2 domestic and 5 foreign projects) with a total registered investment capital of VND 825 billion and USD 24.5 million, which have been granted investment certificates, occupying 31.1 hectares of leased land.

Water treatment plant at Tan Duc Industrial Park

Not only is it an important investment hub.

This pre-ordering at Tan Duc Industrial Park is considered a first in the southeastern region of the province, where 10 industrial parks have been established in recent years, with investment attraction progressing at an understandable slow pace. At that time, external transportation connections were not well-developed, so even though it was located next to the key economic zone of the South-Southeast region, it remained a remote area with a lack of investment. Now, inter-regional transportation connections are convenient, and Tan Duc Industrial Park is strategically located at the intersection of major highways, airports, and seaports in the Southeast region. Furthermore, the industrial park has opened up more opportunities for this dynamic economic region, appearing at the right time amidst the wave of manufacturing relocation away from major cities like Ho Chi Minh City and Dong Nai, and possessing a competitive advantage in many aspects.

Firstly, once the Tan Minh - Son My road is completed, it will shorten travel distances along National Highway 55, the coastal route. This means that goods from businesses in Tan Duc Industrial Park will be transported to Thi Vai - Cai Mep Deepwater Port (formerly Ba Ria - Vung Tau) even faster than businesses in Ho Chi Minh City and Dong Nai . Logistics is always a crucial factor in business, so investors clearly see how the transportation and import/export of goods from Tan Duc Industrial Park will save time, costs, and optimize profits, especially since land rental prices in Tan Duc Industrial Park are only 40-50% of those in Dong Nai Industrial Parks. Furthermore, the land rental prices are stable and the lease term extends until 2071, so investors have been eager to reserve land in advance. Here, the Lam Dong provincial government and the infrastructure developer have created the "proximity" advantage, aiming for a green economy and green industry, leaving the "speed" advantage to secondary investors.

According to the leaders of the Provincial Industrial Parks Management Board, in recent times, many secondary investors have come to inquire about Tan Duc Industrial Park and have expressed interest in leasing land, with one unit planning to lease up to 40-50 hectares with an estimated investment of 11,000 billion VND. Therefore, it is predicted that Tan Duc Industrial Park will be 100% occupied within 2-3 years. This provides a basis for Sonadezi Binh Thuan to proceed with phase II of the project, covering approximately 600 hectares.

The attractiveness of Tan Duc Industrial Park also demonstrates the rising trend of green industry. It's worth remembering that in March 2025, during a meeting of provincial leaders (formerly Binh Thuan province), Sonadezi Corporation proposed several measures to resolve obstacles in phase 1 and implement phase 2 of Tan Duc Industrial Park, including investing in solar power projects within the project area for self-sufficiency. This is an additional advantage, as the southeastern region of the province is developing into an energy hub, with high and long hours of sunshine. This will allow infrastructure investors and businesses to invest in renewable energy for use in product manufacturing to achieve green certification. This is not only an advantage for exports but also enhances the brand image of businesses, attracting partners who are environmentally conscious, in the context of the government's commitment to greening and Europe's application of policies for goods entering the EU market.

The inauguration and operation of the Tan Duc Industrial Park infrastructure investment and construction project has significant strategic importance: it creates clean land and ready infrastructure to welcome domestic and foreign investment projects, especially high-tech and environmentally friendly industries. It promotes the shift in the province's economic structure towards industry and services, contributes to job creation for thousands of local workers, increases budget revenue, and enhances the province's competitiveness.

Source: https://baolamdong.vn/chinh-thuc-khanh-thanh-khu-cong-nghiep-tan-duc-411567.html