Phuoc Dong Industrial Park (Tay Ninh)

Phuoc Dong Industrial Park (Tay Ninh) – a “magnet” attracting FDI capital

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

Continuously welcoming foreign investment projects

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

Of which, there are 3 projects with a total investment capital of nearly 65 million USD, including: Best Base handicraft production project invested by King King Group (China) with a total registered investment capital of 30 million USD, an area of ​​10 hectares, project implementation progress in 3 years (2024 - 2027), zinc oxide project "Jinhua Vietnam Factory" with a scale of more than 22,000 m2, expected to reach a capacity of 30,000 tons of products/year when put into operation, and a project invested by Thai enterprise Thantawan to produce packaging from virgin plastic with a scale of more than 43,000 m2.

Representative of King King Company (blue shirt) received investment certificate from Tay Ninh Economic Zone Management Board

By the end of the third quarter of 2024, Phuoc Dong Industrial Park has attracted nearly 60 investment projects from domestic and foreign enterprises. Most of them are foreign investors with large production scale and investment capital, focusing on the industries of rubber, tire, plastic, mechanical engineering, metal processing, garment, food, etc. These are also the main investment-attracting industries of Phuoc Dong Industrial Park.

Convergence of all potential factors

Phuoc Dong Industrial Park has an area of ​​2,436.11 hectares invested by Saigon VRG Investment Joint Stock Company (Saigon VRG), located across Go Dau district and Trang Bang town, a major economic center of Tay Ninh province.

Phuoc Dong Industrial Park has a prime geographical location, located near central connecting routes such as DT782; DT789; access road to Ho Chi Minh City - Moc Bai Expressway, National Highway 22, ... Especially the connection to Thanh Phuoc transit port and Moc Bai international border gate is extremely fast. Therefore, Phuoc Dong Industrial Park has strategic advantages in road and inland waterway transportation to Ho Chi Minh City as well as markets of neighboring countries of Vietnam such as Cambodia, Thailand, helping investors save time and costs of transporting goods.

Phuoc Dong Industrial Park is located in an area with a dynamic and diverse economic development. The traffic system connecting the Industrial Park to Tay Ninh City, Ho Chi Minh City, Long An, Binh Duong, etc. is invested synchronously and modernly. In addition to existing routes, Phuoc Dong Industrial Park also benefits from the great momentum from planned arterial routes such as Ho Chi Minh City - Moc Bai Expressway, Ring Road 3, etc.

Moreover, Phuoc Dong Industrial Park has good geology with flat terrain, hard soil with load capacity up to 17 tons/m2, minimizing pile driving to save construction costs. Elevation at 12-17m above sea level helps drain water well, limiting flooding.

Phuoc Dong Complex is built including industrial park - commercial - residential complex, with friendly production environment and modern, creative living environment. Phuoc Dong Industrial Park is both a modern, high-tech production place and a comfortable accommodation for employees at the enterprise with full social infrastructure system and services such as: housing, dormitory, hospital, school, commercial center, bank, supermarket, market, hotel and some other economic - social construction items...

The technical infrastructure system is synchronous and complete, meeting the needs of enterprises. Production electricity is stably supplied from internal transformer stations; clean water and raw water are supplied from internal water plants, abundant water supply from Dau Tieng Lake (1.58 billion m3). Modern wastewater treatment system with a total capacity of 160,000 m3/day-night, meeting type A standards according to QCVN 40:2011/BTNMT.

Abundant and diverse supply

As the largest industrial park in Tay Ninh, Phuoc Dong Industrial Park possesses an abundant clean land fund, ready to meet the large leasing demand of investors. Accordingly, Phuoc Dong Industrial Park currently has 296.5 hectares of land available for lease. This area is expected to increase significantly in the near future when Phuoc Dong Industrial Park is implementing phase 3 (adding 650 hectares of clean land).

In addition to leasing land to secondary investors to build factories, Phuoc Dong Industrial Park also offers flexible investment products to meet the diverse needs of businesses: ready-built warehouses/factories for rent; factories built on demand, etc. According to the assessment of the Industrial Park Management Board, the absorption rate of ready-built factories in Phuoc Dong Industrial Park is very good, the built warehouses and factories have an occupancy rate of over 80%. Therefore, in the coming time, the Industrial Park will deploy the construction of more modern warehouse systems with diverse areas, suitable for many industries to meet the real needs of investors.

Source: https://baodautu.vn/kcn-phuoc-dong-tay-ninh—thoi-nam-cham-thu-hut-dong-von-fdi-d228407.html