Tan Phuoc 1 Industrial Park: A VND 5.936 Trillion Project Set to Break Ground in Dong Thap

Tan Phuoc 1 Industrial Park (IP) is emerging as one of Vietnam’s most anticipated industrial infrastructure developments, with construction expected to begin in September 2026. Featuring a total investment of more than VND 5.936 trillion, a planned area of 470 hectares, and a strategic location connecting Southern Vietnam with the Mekong Delta, the project is expected to become a major catalyst for industrial growth, logistics development, and both domestic and foreign direct investment (FDI) in Dong Thap Province.tan-phuoc-1-industrial-park.webp


1. Total Investment Exceeds VND 5.936 Trillion

Tan Phuoc 1 Industrial Park is among the largest industrial infrastructure projects currently under development in Dong Thap Province.

Key project information includes:

  • Total investment: More than VND 5.936 trillion
  • Investor’s equity contribution: Over VND 896 billion
  • Developer: IDICO Tien Giang Joint Stock Company
  • Project duration: 50 years from the date of investment approval

The project aims to develop and operate a modern industrial park with high-quality technical infrastructure capable of attracting manufacturers from various industries.


2. A 470-Hectare Industrial Park in a Strategic Location

The industrial park covers 470 hectares in Tan Phuoc 3 Commune, Dong Thap Province.

Its location offers several competitive advantages:

  • Large industrial land reserves
  • Room for future expansion
  • Convenient access to Southern Vietnam’s major economic centers
  • Ideal conditions for manufacturing, processing industries, and supporting industries

The project is expected to become one of Dong Thap’s flagship industrial parks in the coming years.


3. Groundbreaking Scheduled for September 2026

According to the Dong Thap Economic Zone Authority, construction is expected to officially begin in September 2026.

The current implementation schedule includes:

  • Site groundbreaking and technical infrastructure construction before September 2, 2026
  • An official groundbreaking ceremony combined with investment promotion activities is expected to take place in late 2026, once major preparation work has been completed.

This timeline demonstrates the developer’s commitment to accelerating project implementation and welcoming investors as early as possible.


4. Land Clearance Progress Is Advancing Smoothly

Land acquisition and site clearance have achieved encouraging results.

Phase 1

  • Approximately 360 hectares have been largely cleared.
  • Compensation and obligations to local residents have been substantially completed.
  • Remaining work primarily involves land lease procedures and official land handover.
  • Only about 10 households have yet to reach agreement.

Phase 2

  • Site clearance is nearly complete.
  • Only 2 households remain due to internal family disputes.

Overall, the land clearance process has created favorable conditions for construction to proceed on schedule.


5. Modern Transportation Infrastructure Is Being Developed

Alongside the industrial park itself, IDICO is investing heavily in transportation infrastructure.

Current infrastructure works include:

  • A 222-meter access road
  • A 33.9-meter bridge crossing Nang Canal
  • Total route length of approximately 256 meters
  • Total investment of approximately VND 85 billion

According to the project schedule, both the bridge and access road are expected to achieve technical opening by late October or early November 2026, significantly improving regional transportation connectivity.


6. Excellent Highway and Inland Waterway Connectivity

One of Tan Phuoc 1 Industrial Park’s strongest competitive advantages is its multimodal transportation network.

The project enjoys convenient access to major expressways, including:

  • Ho Chi Minh City – Trung Luong – My Thuan – Can Tho Expressway
  • Ben Luc – Long Thanh Expressway

In addition, the industrial park will feature an inland water port, allowing businesses to:

  • Transport cargo more efficiently
  • Reduce logistics costs
  • Improve connectivity with major seaports
  • Strengthen supply chain performance

This combination of road and waterway infrastructure offers substantial advantages for export-oriented manufacturers.


7. A New Growth Engine for FDI and Industrial Development

Once operational, Tan Phuoc 1 Industrial Park is expected to:

  • Attract high-quality foreign direct investment
  • Expand manufacturing and processing industries
  • Strengthen industrial supply chains across the Mekong Delta
  • Create thousands of employment opportunities
  • Increase provincial budget revenues
  • Support logistics and supporting industries

The project is expected to significantly enhance Dong Thap’s competitiveness as an industrial investment destination.


Future Outlook for Tan Phuoc 1 Industrial Park

As global manufacturers continue expanding production in Vietnam, industrial parks with modern infrastructure, strategic transportation links, and abundant industrial land are becoming increasingly attractive.

With its large development scale, excellent regional connectivity, and integrated transportation infrastructure, Tan Phuoc 1 Industrial Park is expected to become an ideal destination for industries such as:

  • Manufacturing
  • Processing industries
  • Supporting industries
  • Electronics
  • Mechanical engineering
  • Logistics
  • High technology

The project is expected to become one of Dong Thap Province’s key industrial development drivers during the 2026–2030 period.


Conclusion

The upcoming groundbreaking of Tan Phuoc 1 Industrial Park, featuring more than VND 5.936 trillion in investment, 470 hectares of industrial land, and comprehensive transportation infrastructure, marks an important milestone in Dong Thap Province’s industrial development strategy. Upon completion, the project will expand the province’s supply of high-quality industrial land, attract both domestic and international investors, stimulate economic growth, and strengthen Dong Thap’s position as a major industrial hub in Vietnam’s Mekong Delta.

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