OVERVIEW OF INDUSTRIAL ZONE IN TAY NINH PROVINCE
Hi! welcome back,
Now is some piece of information about some typical names of industrial zones located in Tay Ninh, Vietnam.
One of well-known name is Phuoc Dong Industrial Park, located in Go Dau and Trang Bang District, Tay Ninh province. This is one of the largest industrial zones in South of Vietnam.
In Tay Ninh province, many industrial zones focus on attracting investment capital of multi-industries including car tires, textile and apparel, machinery, food and beverage, shoes, artificial grass, seat belt, etc. Many investors coming to industrial parks in Tay Ninh province are from China, South Korea, Japan, Taiwan, Germany and Vietnam.
About land bank, Phuoc Dong has abundant vacant land for lease in Tay Ninh. They will develop industrial zone for 3 phases with nearly 1,000 hectares each phase. Moreover, Phuoc Dong Industrial park is trying to attract more hi-tech industries including electronics and electric equipment, medical equipment, food processing, car spare parts, precision machinery fabrication and other supporting industries.
Now is some piece of information about some typical names of industrial zones located in Tay Ninh, Vietnam.
One of well-known name is Phuoc Dong Industrial Park, located in Go Dau and Trang Bang District, Tay Ninh province. This is one of the largest industrial zones in South of Vietnam.
In Tay Ninh province, many industrial zones focus on attracting investment capital of multi-industries including car tires, textile and apparel, machinery, food and beverage, shoes, artificial grass, seat belt, etc. Many investors coming to industrial parks in Tay Ninh province are from China, South Korea, Japan, Taiwan, Germany and Vietnam.
About land bank, Phuoc Dong has abundant vacant land for lease in Tay Ninh. They will develop industrial zone for 3 phases with nearly 1,000 hectares each phase. Moreover, Phuoc Dong Industrial park is trying to attract more hi-tech industries including electronics and electric equipment, medical equipment, food processing, car spare parts, precision machinery fabrication and other supporting industries.
WHY TO LEASE READY-BUILT FACTORY IN TAY NINH?
Tay Ninh province is a member of Southern Key Economic Zone of Vietnam, near Ho Chi Minh City like Dong Nai, Binh Duong or Vung Tau. While the industry development in Dong Nai, Binh Duong, Vung Tau seems very fast, the pace in Tay Ninh has just been accelerated recently. Therefore, land bank in this area is available for all large areas. For example, Phuoc Dong Industrial Zone, they are planning thousand hectares of vacant land for factory construction which will serve many investors for their manufacturing plans in Vietnam.
However, in the situation of market fluctuation and Covid-19 pandemic, many investors would like to discover for opportunity of market penetration in Vietnam. Ready-built factory for rent is really suitable because it is unnecessary for whole factory construction but instantly move to manufacturing although land lease rate in Tay Ninh is pretty cheap per square meter.
There are 2 options of ready-built factory for lease currently.
- The first option is that investors can lease the standard factory which industrial park owner built already, and just coming to manufacturing after investment registration approval.
- The second option is that customers can give their owned requirements of technical standard, and then industrial park will build that factory and lease it to investors for 10-15 years.
However, in the situation of market fluctuation and Covid-19 pandemic, many investors would like to discover for opportunity of market penetration in Vietnam. Ready-built factory for rent is really suitable because it is unnecessary for whole factory construction but instantly move to manufacturing although land lease rate in Tay Ninh is pretty cheap per square meter.
There are 2 options of ready-built factory for lease currently.
- The first option is that investors can lease the standard factory which industrial park owner built already, and just coming to manufacturing after investment registration approval.
- The second option is that customers can give their owned requirements of technical standard, and then industrial park will build that factory and lease it to investors for 10-15 years.
AVANTAGES OF RENTING FACTORY IN TAY NINH
Phuoc Dong Industrial Zone is located in Go Dau District, Tay Ninh Province, which is 15km far from Moc Bai-Cambodia border.
Thanks to National Road No. 22 connecting Ho Chi Minh City with the Moc Bai-Cambodia border which makes the fast access to Cambodia, Phuoc Dong Industrial Park has great advantage in terms of domestic-international transport.
Thanks to National Road No. 22 connecting Ho Chi Minh City with the Moc Bai-Cambodia border which makes the fast access to Cambodia, Phuoc Dong Industrial Park has great advantage in terms of domestic-international transport.
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