Although the Covid epidemic is causing difficulties for production activities, domestic and foreign investment flows are still looking for the existing industrial parks in Ho Chi Minh as a leading address, especially industrial parks in Cu Chi Minh City.
The land fund of the industrial zone gradually becomes scarce, and the high rents have made areas that used to be the capitals of industrial real estate such as Ho Chi Minh City. Ho Chi Minh City, Binh Duong seem to be gradually reducing the attractiveness of foreign investors. Therefore, choosing other neighboring areas to invest in industrial production is becoming a possible choice for many investors with large-scale land rental needs.
According to Decision No. 2076/QD-TTg dated December 22, 2017 of the Prime Minister, the development plan of the "Ho Chi Minh City Region" will get adjusted until 2030, with a vision to 2050. What is Ho Chi Minh City Region? What advantages does the development of the Ho Chi Minh City Region create for the development of industrial zones in Tay Ninh province?
Many domestic and foreign investors with the need to find industrial parks near Ho Chi Minh City often make comparisons between industrial parks in Tay Ninh province and those in Binh Duong in order to make the right choice. before investing in building a factory. Here are a few initial comparisons sent to readers:
Despite the complicated situation of the Covid pandemic, domestic and foreign investors still choose to invest money in new projects or expansion. Investment into industrial parks in South of Vietnam in general and Tay Ninh province in particular has been recorded positive impressions, and Tay Ninh is one of the good localities bordering Ho Chi Minh City and also near some river ports connecting in traffic routes.
Despite the complicated situation of the Covid pandemic, domestic and foreign investors still choose to invest money in new projects or expansion in industrial parks in Vietnam. Capital to industrial parks in South of Vietnam is recorded positive impressions, and Tay Ninh is one of the good localities near Ho Chi Minh with Phuoc Dong Industrial Park near river port which satisfies investors' needs.
In the first 5 months of 2021, attracting investment in export processing zones and industrial parks (EPZs-IZs) in Ho Chi Minh City. Ho Chi Minh City reached more than USD 236 million , up nearly 23% over the same period in 2020.
In order to create a connection with the Southeast provinces and create momentum for Tay Ninh industrial zones in particular as well as the provincial economy in general, Tay Ninh will commence the construction of three transport projects connecting with the East region. Southern region, with a total investment of more than 4,500 billion dong in 2021.
Currently, many domestic and foreign investors have been choosing industrial zones near Ho Chi Minh, of which the large industrial parks in Tay Ninh province seems to meet scale of industrial land for manufacturing investment. Currently, there are 6 industrial zones in Tay Ninh, Vietnam operating for industrial land leasing, of which Phuoc Dong Industrial Park (Go Dau District, Tay Ninh Province) is the largest industrial park near Ho Chi Minh.