Phuoc Dong Industrial Park (Tay Ninh)

Phuoc Dong Industrial Park ( Tay Ninh ) – a "magnet" attracting FDI capital.

With many potential factors to attract investors, Phuoc Dong Industrial Park is accelerating its breakthrough, welcoming a massive influx of FDI capital in the last months of the year.

Continuously attracting foreign investment projects.

Considered one of the leading FDI attraction hubs in Tay Ninh province, Phuoc Dong Industrial Park continuously welcomed foreign-invested projects in the third quarter of 2024.

These include three projects with a total investment capital of nearly 65 million USD: the Best Base handicraft production project invested by King King Group (China) with a total registered investment capital of 30 million USD, covering an area of 10 hectares, and a project implementation schedule of 3 years (2024 – 2027); the zinc oxide "Jinhua Vietnam Production Plant" project with a scale of over 22,000 m2, expected to reach a capacity of 30,000 tons of products/year when operational; and the Thantawan project of producing packaging from virgin plastic with a scale of over 43,000 m2 invested by the Thai enterprise Thantawan.

Representatives of King King company (in blue shirts) receive investment certificates from the Tay Ninh Economic Zone Management Board.

As of the end of the third quarter of 2024, Phuoc Dong Industrial Park had attracted nearly 60 investment projects from domestic and foreign businesses. The majority of these were foreign investors with large-scale production and investment capital, concentrated in industries such as rubber manufacturing, tires, plastics, mechanical engineering, metal processing, garment manufacturing, and food processing. These are also the main industries attracting investment to Phuoc Dong Industrial Park.

It possesses all the necessary potential elements.

Phuoc Dong Industrial Park, covering an area of 2,436.11 hectares, is invested in by Saigon VRG Investment Joint Stock Company (Saigon VRG) and stretches across Go Dau district and Trang Bang town, within the major economic center of Tay Ninh province.

Phuoc Dong Industrial Park boasts a prime geographical location, situated near key connecting routes such as DT782, DT789, the access road to the Ho Chi Minh City – Moc Bai Expressway, and National Highway 22. Particularly noteworthy is its extremely quick connection to Thanh Phuoc transshipment port and Moc Bai international border gate. Therefore, Phuoc Dong Industrial Park possesses strategic advantages in road and inland waterway transportation to Ho Chi Minh City as well as neighboring countries like Cambodia and Thailand, helping investors save time and transportation costs.

Phuoc Dong Industrial Park is located in an area with a dynamic and diverse economy. The transportation system connecting the industrial park to Tay Ninh City, Ho Chi Minh City, Long An, Binh Duong, etc., is comprehensively and modernly developed. In addition to existing roads, Phuoc Dong Industrial Park also benefits greatly from planned major transportation routes such as the Ho Chi Minh City – Moc Bai expressway and Ring Road 3.

Furthermore, Phuoc Dong Industrial Park has favorable geological conditions with a flat terrain and hard soil capable of supporting loads up to 17 tons/m2, minimizing piling and saving construction costs. The elevation of 12-17m above sea level ensures good drainage and reduces flooding.

The Phuoc Dong complex is being built as a mixed-use industrial, commercial, and residential area, offering a friendly production environment and a modern, innovative living environment. The Phuoc Dong Industrial Park serves as both a modern, high-tech production facility and a comfortable accommodation option for workers, complete with social infrastructure and services such as housing, dormitories, hospitals, schools, shopping centers, banks, supermarkets, markets, hotels, and other socio-economic facilities.

The technical infrastructure system is synchronized and complete, effectively meeting the needs of businesses. Electricity for production is supplied stably from internal substations; clean water and raw water for production are supplied from internal water treatment plants, with an abundant water supply from Dau Tieng Lake (1.58 billion m3). A modern wastewater treatment system with a total capacity of 160,000 m3/day meets Class A standards as stipulated in QCVN 40:2011/BTNMT.

Abundant and diverse supply

As the largest industrial park in Tay Ninh province, Phuoc Dong Industrial Park boasts abundant clean land, ready to meet the high demand for leasing from investors. Currently, Phuoc Dong Industrial Park has 296.5 hectares of land available for lease. This area is expected to increase significantly in the near future as Phuoc Dong Industrial Park is implementing phase 3 (adding an additional 650 hectares of clean land).

Besides leasing land to secondary investors for factory construction, Phuoc Dong Industrial Park also offers flexible investment products to meet the diverse needs of businesses: ready-built warehouses/factories for rent; custom-built factories, etc. According to the Industrial Park Management Board, the absorption rate of ready-built factories in Phuoc Dong Industrial Park is very good, with existing warehouses and factories achieving an occupancy rate of over 80%. Therefore, in the future, the industrial park will implement the construction of more modern warehouse and factory systems with diverse sizes, suitable for many industries to meet the actual needs of investors.

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