IDICO Tan Phuoc 1 Industrial Park granted investment certificate

This project covers 470 hectares and is worth of nearly VND5.9 trillion ($239.9 million), marking an important milestone in IDICO's expansion strategy, increasing the total investment available land to 3,900ha across 11 industrial parks (IP) nationwide.

IDICO Tan Phuoc 1 aims to develop a new IP model, that harmonises production, business, and urban development, promoting a circular economy and sustainable development.

The project is expected to transform the industrial real estate landscape of Tien Giang and entice significant investment capital flows.

IDICO Tan Phuoc 1 IP is located in Tan Lap 1 commune, Tan Phuoc district, Tien Giang. Its strategic location connects Ho Chi Minh City with the Mekong Delta region, providing numerous advantages in transportation and logistics.

It also provides easy access to essential traffic routes, including Ho Chi Minh City – Trung Luong Expressway - the arterial road connecting the IP with Ho Chi Minh City; Trung Luong – My Thuan Expressway connects the IP with other cities and provinces in the Mekong Delta region, especially Can Tho city, which is only about 90km away.

In addition, IDICO Tan Phuoc 1 IP also benefits from the waterway transportation system. The inland waterway port in the IP plays an important role in transporting goods and connecting with major seaports, facilitating import and export activities. With various transportation links, accessing airports and seaports from IDICO Tan Phuoc 1 IP is easy and convenient.

In addition to its convenient location, IDICO Tan Phuoc 1 IP is also situated in an area that benefits from attractive tax incentives from the government, aimed at promoting local economic development. The IP targets various types of industries, especially in high-tech sectors, and promises to make a significant contribution to the socioeconomic development of the local area as well as the entire province once it comes into operation.

IDICO has been starting to carry out initial works on the IDICO Tan Phuoc 1 IP project, including compensation for site clearance, constructing the water supply system, and building fences as well as infrastructure for the IP. These efforts are aimed at preparing to call for investment in Q4/2024.

For more information about IDICO Tan Phuoc IP, please contact:

Website: idico.com.vn

Facebook page: facebook.com/IDICOIP

Hotline: (+84) 28 3931 2660 / (+84) 943 550 668

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