Phuoc Dong Industrial Park is emerging as a strategic destination for both domestic and international businesses looking to expand production in Southern Vietnam. With a master-planned area of over 2,400 hectares, a large reserve of clean, ready-to-lease land, complete infrastructure, and reasonable investment costs, Phuoc Dong is not only the largest industrial park in Tay Ninh province but also a "golden land" for investors seeking a balance between scale and efficiency.
In this article, BIC will help you explore the competitive advantages of Phuoc Dong Industrial Park from geographical location and land potential to operational costs, investment incentives, and long-term growth prospects.
Phuoc Dong Industrial Park is one of the largest in Tay Ninh and plays a strategic role in the industrial and logistics development orientation of the Southeast region. Spanning more than 2,400 hectares, Phuoc Dong serves as a key industrial hub for Tay Ninh province and acts as a vital connection point between Ho Chi Minh City, Cambodia, and the southern economic zone.
Strategically located in Trang Bang and Go Dau districts, the park borders National Highway 22B and lies near the Ho Chi Minh City–Moc Bai Expressway. This prime location allows businesses to easily connect with Cat Lai Port, Tran De Port, Tan Son Nhat International Airport, and Moc Bai International Border Gate opening up vast opportunities for import-export and cross-border supply chain development.
The project is invested in and developed by Phuoc Dong Industrial Park Development Co., Ltd., a joint venture between Tan Thuan Industrial Promotion Corporation (IPC) and Saigon VRG Co., Ltd both highly experienced entities in industrial park planning and infrastructure development. This ensures synchronized development, transparency, and operational efficiency for investors.
Currently, Phuoc Dong Industrial Park has nearly 300 hectares of clean land ready for lease, catering flexibly to both mid-sized enterprises and large-scale corporations. It is among the few industrial parks in the Southeast region still offering a large clean land bank with completed infrastructure, ready for immediate project deployment.
The park has a total planned area of 2,436 hectares, of which approximately 2,190 hectares are designated for industrial development. The remaining area is systematically planned for residential zones, commercial services, and social amenities forming a modern, integrated industrial park model that supports production, living, and recovery needs, aligned with sustainable development trends.
To date, most of the industrial land in phases 1 and 2 has been fully occupied. The upcoming expansion (phase 3) will add about 568.5 hectares, providing opportunities for new entrants as well as existing investors looking to build a second or third facility.
Thanks to its large land area and expansion potential, Phuoc Dong is not only ideal for traditional manufacturing but also ready to accommodate high-tech, large-scale logistics projects or multi-industry industrial complexes.
Phuoc Dong Industrial Park features modern, well-developed infrastructure that fully supports requirements in electricity, water, transportation, and environmental treatment for all types of factories from light industry to heavy industry and high-tech production.
- Transportation: The main roads in the park are 60 meters wide, designed with six truck lanes, and directly connect to National Highway 22B and the Ho Chi Minh City–Moc Bai Expressway. Internal roads range from 18 to 29 meters in width, allowing smooth container truck traffic without congestion. The grid-style road layout optimizes internal logistics and workforce mobility.
- Power Supply: Electricity is supplied via a high/medium-voltage transformer station with a design capacity of up to 693 MVA enabling continuous operation of high-capacity production lines, particularly in sectors like mechanical engineering, food processing, pharmaceuticals, and electronics.
- Water Supply: The park offers both raw and treated water. Raw water is sourced from the Dong Canal and Dau Tieng Lake the largest reservoir in Southeast Vietnam, with a total capacity of 1.58 billion m³. The on-site water treatment plant has a capacity of 120,000 m³/day, ensuring a stable and continuous supply.
- Wastewater Treatment: The wastewater treatment system meets Grade A standards, with a design capacity of 160,000 m³/day, allowing businesses to fully comply with environmental regulations especially ESG criteria required by global supply chains.
- Topography: The park's natural elevation ranges from 12 to 17 meters, with firm ground bearing capacity up to 17 tons/m² minimizing land leveling costs and reducing or eliminating the need for deep foundation piling, which is a significant financial advantage for new factory construction.
Land lease prices at Phuoc Dong Industrial Park range from USD 32–35/m²/year—highly competitive compared to rates in Ho Chi Minh City, Long An, or Binh Duong, where prices often exceed USD 50–70/m²/year. This enables investors to significantly reduce initial costs and improve profit margins from the early stages of project implementation.
In addition to industrial land, ready-built factory lease rates start from just USD 2.8/m²/month. Companies can choose factory sizes from 2,000 m² or request custom-built options tailored to specific industries and production scales.
Other operating costs are also transparently and tightly controlled:
- Infrastructure management fee: ~USD 0.36/m²/year
- Industrial electricity rate: ~USD 0.05/kWh (stable, minimal fluctuation)
- Clean water price: ~USD 0.4/m³
- Wastewater treatment fee: ~USD 0.28/m³
Compared to similarly scaled parks, Phuoc Dong maintains high occupancy while still offering reasonable lease rates, thanks to strategic master planning, a large land reserve, and a long-term investment attraction orientation. This helps new businesses gain easy market entry while offering expansion opportunities at controlled costs.
Investing in Phuoc Dong Industrial Park comes with a variety of tax and land lease incentives, providing crucial cost-saving benefits during the early stages of production and business operations. These policies are designed not only for domestic companies but are especially attractive to foreign direct investment (FDI) firms seeking a stable and transparent investment environment.
Corporate Income Tax (CIT) incentives include:
- CIT exemption for 2 to 4 years (depending on sector)
- 50% CIT reduction for the following 9 years
- Preferential tax rates ranging from 10% to 20% (versus the standard 20%)
For companies importing machinery, equipment, and materials for initial projects:
- 5-year import tax exemption supports construction and production line installation.
Land lease incentives: Phuoc Dong also offers 10–15 years of land rent exemption allowing businesses to optimize long-term operational costs. Land lease terms can extend up to 50 years, ensuring stability and sustainability for long-term scale expansion strategies.
Notably, investors in high-tech, renewable energy, or environmentally friendly sectors will enjoy specialized incentives in line with the park’s vision of sustainable and green development.
Beyond financial support, the developer also provides one-stop investment support services: from legal consultation, investment document preparation, company registration, construction permits to local labor recruitment and training helping businesses save time and resources during project setup.
Phuoc Dong Industrial Park is an ideal choice for businesses requiring large land reserves and cost-effective operations especially in the context of rising land lease prices in Ho Chi Minh City, Long An, and Binh Duong. With its strategic location bordering Cambodia, HCMC, and the Moc Bai Expressway, along with modern infrastructure, flexible clean land bank, and attractive incentive policies, Phuoc Dong meets all conditions for long-term, sustainable business growth.
Contact BIC today a specialist in industrial factory design construction at Phuoc Dong Industrial Park for customized, cost-optimized design solutions and fast project deployment.