Tan Huong Industrial Park in Tien Giang Province

Key Points to Note

• Tan Huong Industrial Park is one of the most attractive investment destinations in Tien Giang Province.
• The industrial park has a favorable geographical location with convenient transportation, close to major cities.
• The infrastructure has been comprehensively developed, meeting the operational needs of businesses.
• It attracts many domestic and foreign businesses to invest in key industries.
• It contributes to the socio-economic development of Tien Giang Province.

Geographical Location of Tan Huong Industrial Park

Tan Huong I.P is located in Tan Huong Commune, Châu Thành District, Tien Giang Province. Its favorable geographical position provides excellent conditions for transportation and connectivity within the Southern Key Economic Zone. The industrial park is near National Highway 1A and the Hồ Chí Minh City – Trung Lương Expressway, facilitating easy transport of goods.

The industrial park also has advantages in waterway transport. It is near the Tien River and Gò Công Canal, providing connectivity to major seaports. Its proximity to major economic centers like Hồ Chí Minh City, Cần Thơ, and Long An supports business and production activities.

Convenient Road and Waterway Transportation

• The industrial park is near National Highway 1A and the Hồ Chí Minh City – Trung Lương Expressway, making it convenient for transporting goods.
• The internal waterway system through the Tien River and Gò Công Canal connects to major seaports.

Close to Major Cities in the Southern Key Economic Zone

Tan Huong I.P is close to key economic centers like Hồ Chí Minh City, Cần Thơ, and Long An, creating favorable conditions for business production and operations.

The location of Tan Huong I.P enables businesses to easily access the market and deeply integrate into the Southern Key Economic Zone.

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History of Formation and Development

Tan Huong Industrial Park was established under Decision No. 2213/QĐ-UBND of the People’s Committee of Tien Giang Province in 2008. It was developed as part of the industrial park planning for Tien Giang Province up to 2020. The industrial park has completed infrastructure development and attracted both domestic and foreign businesses, contributing to the province’s industrial growth.

The development history of Tan Huong I.P has gone through several key stages:

• 2008: Tan Huong I.P was established under the decision of the People’s Committee of Tien Giang Province.
• 2008-2015: Focus on investing in technical infrastructure and attracting businesses to invest.
• 2015-present: The industrial park continues to expand, completing infrastructure works and attracting more domestic and foreign businesses.

Thanks to its favorable location and investment incentive policies, the development of Tan Huong I.P has achieved significant milestones, contributing to the socio-economic development of Tien Giang Province.

Tan Huong I.P plays a key role in attracting investment and promoting industrial development in Tien Giang Province.

Scale and Infrastructure of the Industrial Park

Tan Huong Industrial Park covers an area of approximately 280 hectares, with 250 hectares designated for industrial production. It is built with modern technical infrastructure to meet the production needs of businesses.

Transportation System and Utilities

Tan Huong I.P features a main road and internal transportation network, facilitating the easy movement of raw materials and products. The industrial park is also equipped with a comprehensive electricity and water supply system, meeting production needs.

Tan Huong I.P has a good scale and infrastructure, creating favorable conditions for businesses to develop their production.

Key Industries and Sectors

Tan Huong I.P in Tien Giang Province is an important industrial hub, attracting investment in key production sectors. The two main industries here are:

Food Processing Industry

The industrial park is located near agricultural regions, attracting many food processing businesses. They produce canned foods, fruits and vegetables, seafood, and sugar.

Consumer Goods Manufacturing Industry

Tan Huong I.P is also home to many consumer goods manufacturers, producing textiles, footwear, plastics, and wooden products. These industries help to drive the province’s industrial growth.

Businesses in the manufacturing sector at Tan Huong I.P produce high-quality products, enhance added value, and promote the local economy’s key industries.

Introduction to Tan Huong Industrial Park in Tien Giang Province

Tan Huong Industrial Park is strategically located and has been developed with the goal of becoming a key industrial park in Tien Giang Province. With modern infrastructure and attractive incentive policies, Tan Huong I.P has attracted many domestic and foreign businesses.

Established in 2010, the industrial park covers more than 300 hectares, providing industrial land and synchronized technical infrastructure that meets environmental standards. The key investment sectors include:

• Food processing
• Consumer goods manufacturing
• High-tech industries
• Logistics and services

The industrial park’s location, infrastructure, and incentive policies make it increasingly attractive to businesses, contributing to industrial development, job creation, and improving the socio-economic conditions of the region.

Investment Incentives and Business Support

Tan Huong Industrial Park in Tien Giang Province offers attractive investment incentives aimed at attracting both domestic and international businesses. These policies help businesses operate smoothly, fostering the development of the industrial park.

Investment incentives at Tan Huong I.P include:

• Exemptions and reductions in corporate income tax for a certain period.
• Support with land rental and infrastructure construction for businesses.
• Favorable conditions for administrative procedures related to investment.
• Assistance for businesses during production and business operations.

The local government and management board of Tan Huong I.P have also implemented numerous business support programs. These programs include training, management capacity building, access to new technologies, and market expansion. These policies and support measures are attracting many businesses, promoting the sustainable development of the industrial park.

With these incentives and support, Tan Huong I.P is expected to attract many new businesses, contributing to the socio-economic development of Tien Giang Province.

Ongoing Projects and Operating Businesses

Tan Huong Industrial Park is attracting many businesses from both domestic and foreign investors. Several businesses operating in Tan Huong I.P have contributed to the industrial development of Tien Giang Province.

Domestic Investment Companies

Some of the major domestic companies operating in the industrial park include:

• Việt Tiến Garment Company Limited
• Vina Footwear Joint Stock Company
• Bình Điền Manufacturing and Trading Co., Ltd.

Foreign Investment Companies

The industrial park has also attracted foreign businesses, including:

• Đại Hưng Manufacturing and Trading Co., Ltd.
• Mayflower Vietnam Co., Ltd.

The diverse range of businesses operating in Tan Huong I.P is making it increasingly prominent, helping to drive the industrial development of Tien Giang Province.

Tan Huong I.P is becoming an attractive destination for many businesses, contributing to the industrial growth of Tien Giang Province.

Future Development Plans

Tan Huong Industrial Park is planning significant development to become an attractive destination for both domestic and foreign investors. The plans include:

1. Completing and upgrading infrastructure to meet production needs.
2. Developing supporting services such as logistics centers, training centers, and shared office spaces.
3. Increasing incentives and policies to attract new investment projects, especially export production and high-tech industries.
4. Developing renewable energy plants, such as solar and wind energy.

These plans will create a favorable investment environment, with the goal of attracting many new businesses and promoting industrial development in Tan Huong I.P.

This development direction will help Tan Huong I.P become an attractive investment destination, drawing in many investors in the future.

Role of the Industrial Park in Local Economic Development

Tan Huong Industrial Park plays an important role in the development of Tien Giang Province. The businesses located here have helped increase local income and created many jobs for the local population.

Contributions to the Budget and Job Creation

The businesses in the industrial park contribute significant taxes and fees, increasing the province’s income. This also facilitates investment development and improves the living standards of the local people.

Tan Huong I.P has also created many job opportunities, improving the lives of workers and contributing to social stability.

Promoting the Development of Supporting Industries

The development of Tan Huong I.P boosts the growth of industries such as logistics and construction. Companies in these sectors benefit from the demands of manufacturing companies, providing momentum for the local economy.

In summary, Tan Huong I.P is very important for Tien Giang Province. It helps increase income, create jobs, and promote the development of supporting industries.

Conclusion

Tan Huong Industrial Park in Tien Giang Province is attracting many businesses due to its favorable location, modern infrastructure, and attractive investment policies. I.P helps drive industrialization and modernization, creating jobs and improving the lives of local people.

Tan Huong I.P will continue to receive investment and expansion, making it an important industrial hub. It will help drive the socio-economic development of Tien Giang Province and the Mekong Delta region.

With its achievements and potential, Tan Huong I.P will continue to play a key role in the industrialization and modernization of Tien Giang Province.

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FAQ

Where is Tan Huong Industrial Park located?
Tan Huong I.P is located in Tan Huong Commune, Châu Thành District, Tien Giang Province. It is near National Highway 1A and the Hồ Chí Minh City – Trung Lương Expressway.

When was Tan Huong I.P established?
Tan Huong I.P was officially established in 2008 under Decision No. 2213/QĐ-UBND of the People’s Committee of Tien Giang Province.

What is the area of Tan Huong I.P?
The industrial park covers an area of approximately 197.33 hectares.

What are the main industries in Tan Huong I.P?
The industrial park attracts many businesses in fields such as food processing, consumer goods production including textiles, footwear, plastics, and wood products.

What investment incentive policies does Tan Huong Industrial Park offer?
The industrial park applies various incentive policies, such as corporate income tax exemptions and reductions, land rent support, and infrastructure construction assistance. It also facilitates administrative procedures and supports businesses in production and operations.

Which businesses are operating in Tan Huong Industrial Park?
The industrial park attracts many businesses, including domestic companies like Việt Tiến Garment, Vina Footwear, Bình Điền, as well as foreign companies like Đại Hưng and Mayflower Vietnam.