Protrade International Tech Park: ideal investment destination for investors

October 21, 2020 | 15:46
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The whole 500-hectare project of Protrade International Tech Park in the 1,350ha An Tay Industrial and Service Complex in Binh Duong province is in smooth operation with occupancy rate currently at 85 per cent, with tenants from across the globe.
protrade international tech park ideal investment destination for investors
Protrade International Tech Park offers ready-built factories to speed investors towards success

Protrade International Tech Park (PITP), with its prime location, convenient traffic accessibility, perfect and synchronous infrastructure and utility services, has become an ideal destination for domestic and foreign investors.

PITP used to be a joint venture company established between Protrade – a state-owned enterprise – and Ascendas (Singapore) in 2007. In December 2016, Protrade acquired the entire stake of Ascendas and has developed the project into one of the most successful industrial parks in Binh Duong province, complete with high-quality infrastructure. PITP has become a trusted partner in this industry.

Located in the centre of Binh Duong province in the Southeast Key Economic Region (Ho Chi Minh City, Dong Nai, Binh Duong, and Ba Ria-Vung Tau provinces), PITP has a favourable and diverse transport infrastructure connection: Ring Road No.4 connecting all surrounding regional provinces, the future development of An Tay river port in 2022, and it is 42km from Ho Chi Minh City, 44km from Tan Son Nhat International Airport, 57km from Cat Lai Port, and 87km from Cai Mep Deep Seaport.

Spotting out Vietnam as a secure destination for most Europe and other investors shifting from China, PITP premium factories are ready built with full infrastructure and utilities, allowing investors to shorten set-up time, reducing initial investment costs, as well as stabilising hassle-free and effective production activities to suit small- and medium-sized enterprise customers. The manufacturing facilities utilise space-efficient solutions, combining production space whilst installing operation offices in the mezzanine.

By Kim Hang

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