Introduction to Tan Binh Industrial Park in Binh Duong Province

Tan Binh Industrial Park is located in Binh Duong Province and is an important industrial park. It has a strategic location and modern infrastructure. The investment environment here is very favorable, attracting many businesses to invest. Domestic and foreign enterprises have invested in processing, manufacturing, and logistics services. This helps the industrial park develop strongly.

Key Points to Note

Tan Binh Industrial Park is centrally located with a strategic position.

The industrial park has modern infrastructure, well-suited for production and business activities.

The investment environment at Tan Binh Industrial Park is assessed as very favorable.

The industrial park attracts many domestic and foreign businesses to invest in key industries.

Tan Binh Industrial Park plays an important role in the local economy.

Geographical Location of Tan Binh Industrial Park

Tan Binh Industrial Park is located in the center. This is an important economic region of Vietnam. This location helps businesses easily trade and manage logistics.
Enterprises can easily access both domestic and international markets. This creates a significant advantage for them.

Proximity to Key Transport Routes

Tan Binh I.P is near important transportation routes. There are National Highway 13, Ho Chi Minh City – Thu Dau Mot – Ben Luc Expressway, and Tan Son Nhat International Airport. The modern transport infrastructure helps businesses connect quickly.
Businesses can easily link up with industrial and commercial centers. This helps them expand their operations.
The favorable geographical location of Tan Binh I.P is one of the key factors helping businesses enhance competitiveness and expand operations.
The geographical advantages have attracted many investors. Tan Binh I.P is particularly appealing to companies in the processing, manufacturing, and logistics sectors.

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History of Formation and Development

Tan Binh I.P was established in 1994. It has become an important economic center in Binh Duong Province. This area plays a crucial role in attracting investment and promoting local economic growth.
Initially, this industrial park had a modest area. But over time, it has expanded and developed. Many leading domestic and international enterprises have chosen Tan Binh for investment. This contributes to the industrialization and modernization process of Binh Duong Province.
Tan Binh I.P has advantages in geographical location and modern infrastructure. The local government’s incentive policies also attract many investors. From a small industrial park, Tan Binh has become a dynamic and vibrant industrial center.

Year	Area (ha)	Number of Enterprises	Investment Capital (billion USD)
1994	300	50	0.5
2010	800	250	2.5
2020	1,200	450	5.0

In the past 28 years, Tan Binh I.P has achieved many accomplishments. It continues to affirm its important role in the industrialization and modernization of Binh Duong Province.

Overview of Tan Binh Industrial Park in Binh Duong Province

Scale and Area

Tan Binh Industrial Park is located in Binh Duong Province. It is large in scale, covering nearly 352 hectares. Its goal is to become a leading industrial park. This area provides ample space for business development.

Modern Infrastructure

Tan Binh I.P has a large area and a modern infrastructure system. The roads are solid, and the electricity, water, and telecommunications systems operate effectively. This helps businesses operate continuously without worries about facilities.
The industrial park also offers many amenities such as hotels, shopping centers, schools, and hospitals. This creates a good working and living environment for workers.
Tan Binh I.P is an ideal destination for investors. Its strategic location, modern infrastructure, and numerous amenities enhance productivity and the quality of life for workers.

Key Industries

Tan Binh I.P is centrally located. It has become an important industrial center in Binh Duong Province. Enterprises in key industries such as processing, manufacturing, and logistics services thrive here.

Processing and Manufacturing Industries

Tan Binh I.P attracts many enterprises. They operate in processing and manufacturing fields such as electronics, mechanics, textiles, and leather goods. These businesses help boost economic growth and exports of Binh Duong Province.

Service and Logistics Industry

Tan Binh Industrial Park also attracts many service enterprises. They operate in logistics services, such as warehousing, transportation, and agency services. These businesses enhance the operational efficiency of the industrial park.

Tan Binh I.P has become an important industrial center in Binh Duong Province, attracting many enterprises in key industries such as processing, manufacturing, and logistics services.

Favorable Investment Environment

Tan Binh I.P not only has modern infrastructure but also offers a favorable investment environment. Investors will benefit from many attractive incentive policies.

Attractive Investment Incentives

Enterprises at Tan Binh I.P enjoy many incentives, including:

Exemption or reduction of taxes during the initial investment years
Support in land and technical infrastructure
Facilitation of administrative procedures
Access to other preferential policies from Binh Duong Province

These incentives create attractive business opportunities. They also enhance the competitiveness of Tan Binh I.P. This area attracts many investors, both domestic and foreign.
The investment incentive policies of Tan Binh I.P are key factors in attracting investors to this area.
With incentives and a favorable investment environment, Tan Binh I.P becomes an appealing destination. It particularly attracts enterprises in the processing, manufacturing, and logistics sectors.

Future Development Potential

Tan Binh Industrial Park has great potential for development. It is strategically located in the Mekong Delta region. This area is near important transportation routes, attracting many investors.
The industrial park has modern infrastructure that meets production, logistics, and service needs. The local government’s incentive policies create many business opportunities for investors.
Many new projects are being implemented at the industrial park. This expands the scale and enhances service quality. Tan Binh I.P promises a bright future, attracting many enterprises and creating stable jobs.

The location, infrastructure, and incentive policies make Tan Binh I.P develop strongly. It will be an ideal destination for both domestic and foreign investors.

Role of the Industrial Park in the Local Economy

Tan Binh I.P in Binh Duong Province is very important for the local economy. The enterprises here create many jobs and income for workers.

Job Creation and Income

Tan Binh I.P has a large scale and a diverse range of industries. It creates over 120,000 jobs, with an income ranging from 7 to 10 million VND per month.

Contribution to the State Budget

Tan Binh Industrial Park also contributes to the state budget through taxes and fees. It contributes over 70% of the provincial budget revenue of Binh Duong. This demonstrates the industrial park’s important role in the locality.

Indicator	Result
Number of Jobs Created	Over 120,000 jobs
Average Income	7 – 10 million VND/month
Contribution to State Budget	Over 70% of total budget revenue of Binh Duong Province

Tan Binh I.P plays a very important role in promoting the economic development of Binh Duong Province. The enterprises operating in the park have created thousands of jobs and made significant contributions to the state budget.

Projects Being Implemented at the Industrial Park

Tan Binh I.P is actively implementing many new projects. The goal is to expand and upgrade infrastructure and attract investors. Some notable projects include the construction of high-end residential areas, development of multi-functional service centers, and building modern logistics areas.
These projects will enhance the competitiveness of the industrial park. At the same time, they create attractive investment opportunities for investors. The expansion and improvement of infrastructure facilitate production and business activities.
With continuous development, Tan Binh I.P affirms its position as an attractive investment destination. This contributes to promoting the growth of the local economy.

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FAQ

Where is Tan Binh I.P located?

Tan Binh I.P is located in Binh Duong Province.

What is the geographical location of Tan Binh I.P?

It is near important transport routes such as National Highway 13 and Ho Chi Minh City – Thu Dau Mot – Ben Luc Expressway. It is also close to Tan Son Nhat International Airport.

What is the history of the formation and development of Tan Binh I.P?

Tan Binh I.P was established in 1994. Since then, the industrial park has developed strongly. Many domestic and foreign enterprises have invested here.

What is the scale and infrastructure of Tan Binh I.P?

Tan Binh I.P covers nearly 532 hectares. It has modern infrastructure systems such as transportation, electricity, water, and telecommunications. The area also includes hotels, shopping centers, schools, and hospitals.

What are the key industries at Tan Binh Industrial Park?

Tan Binh Industrial Park attracts many enterprises. They operate in processing, manufacturing, and logistics service industries.

What is special about the investment environment at Tan Binh Industrial Park?

Tan Binh I.P has modern infrastructure. They also benefit from many incentives such as tax exemptions and support for land and infrastructure. This creates a favorable investment environment.

Does Tan Binh I.P have development potential in the future?

Tan Binh I.P has a strategic location and modern infrastructure. They also have attractive investment incentive policies. Therefore, the industrial park has great potential for future development.

What role does Tan Binh I.P play in the local economy?

Tan Binh I.P plays an important role in the economy of Binh Duong Province. The operations of enterprises create jobs and income for workers. They also contribute to the state budget through taxes and fees.

What projects are being implemented at Tan Binh I.P?

Tan Binh I.P is implementing many new projects. The goal is to expand the scale, upgrade infrastructure, and attract investors. There are projects for building high-end residential areas, service centers, and modern logistics areas.