The development strategy for industrial parks in Tiền Giang focuses on enhancing the diversification and modernization of the industrial sector. This not only attracts investment from both domestic and foreign sources, but also creates favorable conditions for new businesses to invest in building and expanding their factories, and encourages the development of advanced industries.
Additionally, Tiền Giang places significant emphasis on improving support systems and infrastructure within industrial parks, ranging from transportation, electricity, water, to telecommunications. This aims to create a conducive and efficient business environment. Upgrading and expanding infrastructure not only boosts the competitiveness of Tiền Giang’s industrial parks but also contributes to ensuring sustainable environmental and social development.
By implementing these strategies, Tiền Giang aims not only at comprehensive industrial economic development but also at ensuring that industrial parks contribute positively to the province's socio-economic development. This includes creating more jobs and improving the quality of life for local residents.
Tiền Giang has a natural area of 2,510.61 square kilometers, accounting for 0.76% of the country’s area and 6.2% of the Mekong Delta region’s area.
In its development orientation, Tiền Giang has specifically divided three key economic zones:
The Eastern districts possess significant potential in maritime economy and industries such as shipbuilding, seaport services, maritime transportation, and seafood processing. Additionally, there is potential for tourism and fisheries logistics services.
The Western districts are strong in food production, particularly the province’s largest fruit-growing area, linked with the development of agro-processing industries and services along the National Highway 1 economic corridor. This region also has tourism potential, with three diverse ecological zones including saline, freshwater, and floodplain ecosystems of the Đồng Tháp Mười region.
The economic zone in Mỹ Tho City - Châu Thành serves as the driving force for socio-economic development, fostering economic integration and cooperation with the Southern Key Economic Zone, the urban area of Ho Chi Minh City, and the Mekong Delta.
Moreover, Tiền Giang has many advantages in exploiting and utilizing natural resources for goods production, market expansion, and enhancing economic, cultural, and tourism cooperation with provinces and cities in the Mekong Delta and Southeast regions, as well as with Southeast Asian countries, especially those sharing the Mekong River resources.
- Investor: Tiền Giang Industrial Parks Infrastructure Development Company
- Area: 79.14 hectares
- Address: Road No. 4, Trung An Industrial Cluster, Trung An Commune, Mỹ Tho City, Tiền Giang Province
Located in Tiền Giang Province, Mỹ Tho Industrial Park lies along the Tiền River and Provincial Road 864, stretching approximately 2.4 km. It is also close to the Ho Chi Minh City – Trung Lương Expressway and National Highway 1A. Tiền Giang, a coastal province in the Mekong Delta, boasts many advantages and significant potential. These factors attract a large workforce from various provinces to the rental factory areas, promising a skilled labor force for the industrial park.
Distances:
- 4 km south of National Highway 1A
- 3 km west of Mỹ Tho city center
- 72 km southwest of Ho Chi Minh City
- 86 km from Tan Son Nhat Airport
- 60 km from Saigon Railway Station
- Approximately 60 km from Hiệp Phước Port
- 80 km from Saigon Seaport
Mỹ Tho Industrial Park is one of the earliest established industrial parks in Tiền Giang, featuring comprehensive infrastructure. However, due to its location in Tiền Giang, the weak soil foundation results in relatively high infrastructure construction costs. On the other hand, the transportation system, warehousing, ports, and cargo handling facilities are being enhanced both within and outside the industrial park to meet the needs of businesses.
Industries Attracting Investment:
- Animal feed processing
- Seafood processing for export
- PP packaging production
- Agricultural product processing
- Cold storage services
- Garment production, business, and processing
- Rice paper production
- Beverage production
- Commercial concrete production
- Repair and maintenance of watercraft
- Investor: Nhựt Thành Tân Co., Ltd.
- Area: 197 hectares
- Address: Tân Hương Commune, Châu Thành District, Tiền Giang Province
Tân Hương Industrial Park is a multi-sector industrial park attracting investment projects in various fields such as the production of electrical, electronic, optical equipment, communication devices; chemical production, fertilizers, cosmetics, pharmaceuticals, microbiological drugs; garment industry, handicrafts, and consumer goods production; machinery for agriculture and food processing.
Regional Connectivity:
- 1 km from National Highway 1A, providing convenient traffic connections.
- 8 km from Tân An City, Long An Province
- 14 km from Mỹ Tho City
- 57 km from Ho Chi Minh City
- 58 km from Tan Son Nhat Airport
- 64 km from Hiệp Phước Port
Located in the key economic region of the South, Tân Hương Industrial Park serves as a transportation hub between the Mekong Delta and Ho Chi Minh City. From the project, people can easily connect to roads such as National Highway 1A and the Ho Chi Minh City – Trung Lương Expressway to reach Ho Chi Minh City, Mỹ Tho City, Hiệp Phước Port, or Tan Son Nhat Airport.
- Investor: Long Giang Industrial Park Development Co., Ltd.
- Area: 600 hectares
- Address: Tân Lập 1 Commune, Tân Phước District, Tiền Giang Province
Long Giang Industrial Park is a multi-sector industrial park focusing on attracting investment projects in the following sectors:
- Group 1: Electronics-refrigeration, mechanical assembly industry.
- Group 2: Wood production, equipment production, household appliances, rubber industry.
- Group 3: Pharmaceuticals, cosmetics, medical equipment, agricultural and forestry product processing.
As of the 2019 planning adjustment, Long Giang Industrial Park no longer attracts building material production industries.
Regional Connectivity:
Adjacent to Provincial Road DT 866B and near the Ho Chi Minh City - Trung Lương Expressway interchange.
- 5 km from the Ho Chi Minh City - Trung Lương Expressway interchange.
- 15 km from Mỹ Tho City center.
- 66 km from Ho Chi Minh City center; 67 km from Tan Son Nhat Airport.
- 75 km from Cát Lái Port; 71 km from Long An International Port.
Attractive Tax Policies:
- Corporate Income Tax: Enterprises in Long Giang Industrial Park (LJIP) enjoy corporate income tax incentives for 15 years from the date of revenue generation, with a tax rate of 15%. This includes 4 years of tax exemption from the first taxable income year and a 50% reduction in the payable tax amount for the following 9 years.
- Import Tax: Investors in Long Giang are exempt from import tax on machinery and equipment for fixed asset formation and enjoy a 5-year import tax exemption on raw materials, supplies, and semi-finished products not yet produced domestically.
- Export Processing Enterprise Incentives: Export processing enterprises in LJIP benefit from tax incentives according to the Export Processing Zone regulations.
Soài Rạp Petroleum Industrial Park
- Investor: Vietnam Petroleum Construction Joint Stock Corporation
- Area: 285 hectares
- Address: Gia Thuận Commune, Vàm Láng Town, Gò Công Đông District, Tiền Giang Province
Soài Rạp Petroleum Industrial Park focuses on constructing factories serving the petroleum industry, including: PV Pipe Steel Pipe Manufacturing Plant, Petroleum Tank Manufacturing Plant, Petroleum Metal Structure Manufacturing Plant, Welding Rod Manufacturing Plant, and a comprehensive service port area. Situated in the southern industrial development belt, this industrial park benefits from a rich river system and proximity to neighboring industrial zones like Bến Lức Industrial Park, Long An Industrial Park, Tân Hương Industrial Park, and the Vũng Tàu Petroleum Service Base. Soài Rạp Petroleum Industrial Park promises sustainable benefits for both domestic and international investors.
Previously known as Soài Rạp Shipbuilding Industrial Park with an area of 285 hectares and invested by Vinashin Group, it was renamed and repurposed as Soài Rạp Petroleum Industrial Park by the Prime Minister's Decision No. 1983/TTg-KTN on November 1, 2010. The Provincial People's Committee established the industrial park in 2011, with the Vietnam Petroleum Construction Joint Stock Corporation as the investor. Currently, the park has filled 13.08% of its industrial land area with a registered investment capital project of VND 2,175.595 billion, specializing in manufacturing straight welded steel pipes.
Regional Connectivity:
- 66 km from Ho Chi Minh City center
- 63 km from Tan Son Nhat International Airport
- 57 km from Saigon - Hiệp Phước Port
- 15 km from Gò Công town center
- 56 km from Mỹ Tho City center
With its advantageous location and infrastructure, Soài Rạp Petroleum Industrial Park is an ideal investment destination for enterprises in the petroleum industry.
If you are looking to rent or build factories in Tiền Giang’s potential industrial parks, with competitive costs and quick procedures, contact BIC. We will provide consultation, search, and locate attractive investment opportunities, committed to delivering professional service and optimal solutions for your needs.
