Ho Chi Minh City, one of Vietnam's leading economic centers, maintains a significant position with a range of large industrial zones. It is an ideal destination for investors, constantly seeking industrial zones in this city to expand production and business activities.
The bustling trade flow in Ho Chi Minh City, one of Vietnam's important economic pillars, further enhances the attractiveness of industrial zones here. In the following article, let's explore information about the Top 5 largest industrial zones in Ho Chi Minh City with BIC.
Ho Chi Minh City, formerly known as Saigon, is the largest city and the economic, cultural, and educational center of Vietnam. With a population of about 9 million and modern, vibrant beauty, Ho Chi Minh City is one of the most attractive destinations in Southeast Asia.
Economically, Ho Chi Minh City plays a crucial role in Vietnam's development. It is the hub of various industries, including food processing, textiles, electronics, and automobiles. Large industrial zones such as Hiep Phuoc, Le Minh Xuan, Tan Phu Trung, Tan Tao, and Tan Binh play an important role in attracting investment and creating job opportunities for local residents and migrant workers from surrounding provinces.
In summary, Ho Chi Minh City is not only the economic heart of Vietnam but also a symbol of the country's development and modernization.
Hiep Phuoc Industrial Zone, invested by Hiep Phuoc Industrial Park Joint Stock Company, is located in Long Thoi commune and Hiep Phuoc commune, Nha Be district, Ho Chi Minh City. As of now, it is the largest industrial zone in Ho Chi Minh City with a total area of 1,686ha, developed through 3 phases:
- Phase 1 (1996): Area of 311.4ha
- Phase 2 (2008): Area of 597ha
- Phase 3 (2014): Area of 392.89ha
Hiep Phuoc Industrial Zone, in the 3 development phases, has filled about 94% of the area of Phase I, with over 3.11 km2. Phase II, with a scale of 5.97 km2, has leased over 10% of the area. Especially, this industrial zone has 3 international seaports within the premises, including SPCT, Saigon - Hiep Phuoc Port, and Tan Cang - Hiep Phuoc Port, with a total area of 3.85 km2.
The international port and on-site customs system help businesses save time and transportation costs for import and export goods. Deep-water ports connect with the inland and international waterway system through the Long Tau and Soai Rap streams, to international seaports and through the Vam Co River to the Mekong Delta provinces and Cambodia.
Moreover, from Hiep Phuoc Industrial Zone, it is easy to access Mekong Delta provinces through the beltways 3 and 4 as well as the inter-regional expressway system in the South. In the future, the industrial zone will be within the Hiệp Phước Port urban area with a scale of 39 km2, reflecting the trend of coastal urbanization and adaptation to climate change and sea level rise, expanding the urban space of the city towards the sea.
Le Minh Xuan Industrial Zone is located in Tan Nhut commune and Le Minh Xuan commune, Binh Chanh district. It is one of the concentrated industrial zones of Ho Chi Minh City. Starting operation in 1997 with an initial scale of 100ha, to date, the total area of the industrial zone has expanded to nearly 700ha. Specifically:
- Phase 1 (1997): 100ha
- Le Minh Xuan Industrial Zone phase 2: 320ha
- Expansion phase: 109.91 ha
- Le Minh Xuan Industrial Zone 3 (adjacent to the expansion zone): 231.25ha
With this scale, Le Minh Xuan Industrial Zone can meet dozens of large-scale projects. By 2020, Phase 1 had achieved a full occupancy rate of 100%, while the remaining 02 phases still had land available for lease from 30 – 45%.
Currently, Le Minh Xuan Industrial Zone has attracted about 166 investors, including 27 100% foreign-invested enterprises and 03 joint ventures. With these achievements, Le Minh Xuan Industrial Zone is considered one of the successful industrial zones of Ho Chi Minh City.
Le Minh Xuan Industrial Zone not only operates in diverse fields but also continuously expands in scale. With its strategic geographical location and easy connection to convenient areas within the inner city, as well as linking with other industrial zones, it promises to continue to be an ideal destination for investors, both domestic and foreign.
Tan Phu Trung Industrial Zone is located in Tan Phu Trung commune, Cu Chi district, northwest of Ho Chi Minh City. Its adjacent position includes:
- North: borders Tây Ninh province
- East: borders Binh Duong province
- West: borders Long An province
- South: borders Hoc Mon district
Tan Phu Trung Industrial Zone is located on National Highway 22, part of the Xuyen A project connecting Ho Chi Minh City with Cambodia, 25km from the city center. Especially, this industrial zone is only 15km from Tan Son Nhat International Airport and 27km from Saigon Port and 35km from Cat Lai Port.
National Highway 22 is an important route traversing the districts of Ho Chi Minh City and near the Cambodia border. Here, it also connects with National Highway 1A - the main route across Vietnam, and Provincial Road 8 - the road connecting the Southern Economic Triangle of Long An, Binh Duong, and Ho Chi Minh City.
Tan Phu Trung Industrial Zone has a total area of 539ha, of which 359ha is used as ready-to-use industrial land to meet the leasing needs of investors for construction. Good geological conditions are a great potential for investors to choose for business purposes. The industrial zone provides space for industries such as mechanics, food processing, raw material production, service business, especially smokeless industries.
Skilled labor resources in Cu Chi and neighboring areas are always ready to meet the needs of businesses investing in the industrial zone. The rental prices of real estate here are very favorable and stable. Investment methods are flexible, appropriate, and legally supported, helping businesses to carry out production and business activities quickly.
Tan Tao Industrial Zone was built in 1996 with a total area of 343.9ha, including existing and expanded industrial zones. Specifically:
- Existing industrial zone (1996): Area of 161.35ha
- Expanded industrial zone (2000): Area of 182.55ha
The total area of vacant industrial land ready for lease is 19.41 ha, of which the Existing Industrial Zone occupies 3.68 ha and the Expanded Industrial Zone occupies 15.73 ha. The occupancy rate of the industrial zone is currently high, with the Existing Industrial Zone reaching 97.14% and the Expanded Industrial Zone reaching 78.02%. Investors in the industrial zone are mainly domestic enterprises, with the participation of foreign enterprises.
With a total area of 443 ha (including 181.8 ha for the Existing Industrial Zone and 262 ha for the Expanded Industrial Zone), Tan Tao Industrial Zone used to be a low-productivity agricultural area. However, after being invested in infrastructure and converted into an industrial zone, it has attracted a large number of investors, thereby becoming one of the key areas promoting the development and urbanization of the northern region of Long An.
Tan Binh Industrial Zone is planned as a whole area with a total area of up to 250ha, possessing many special advantages and has become an ideal investment destination for both domestic and foreign investors.
Brief information about Tan Binh Industrial Zone:
- Industrial zone name: Tan Binh Industrial Zone - Ho Chi Minh City.
- Total area of industrial zone in Tan Binh: 250ha.
- Location: Tay Thanh ward, Tan Phu district and Binh Hung Hoa ward, Tan Binh district.
- Total number of companies operating in Tan Binh Industrial Zone: 150 companies.
- Establishment time: 02/1997.
- Type of industrial zone operation: multi-sector.
Since its inception and providing land leasing services for the first plots years ago to now, the industrial zone has attracted 64 investment construction projects from domestic and foreign sources. The total leased area of the entire industrial zone is 202 ha (accounting for 83% of the commercial land area). Currently, there are 52 licensed investment contribution projects, including 30 international construction projects (USD 133 million) and 22 domestic construction projects (VND 1,613 billion).
Tan Binh Industrial Zone has created jobs for 7,800 workers. The main business activities of companies in the industrial zone are wood processing, meeting the supply needs of products and materials for partner companies.
With reasonable rental service prices and investment promotion policies, the industrial zone has become attractive and has attracted many companies to invest. According to statistics, in 2019, the industrial zone leased nearly 13 ha (exceeding 29% of the plan), achieved revenue of VND 475 billion (exceeding 40% of the plan), and profit of VND 221 billion (exceeding 220% of the plan).
Above are the top 5 largest industrial zones in Ho Chi Minh City compiled by BIC. Hopefully, this article has brought you a lot of useful information!
