The Board of Directors of Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company (Stock Code: PAP) has approved the investment plan for the Phuoc An Industrial Park in Phuoc An Commune, Nhon Trach District (formerly), Dong Nai Province. The project, with a total investment of nearly VND 5.4 trillion, is expected to create approximately 18,000 jobs.
Previously, on September 23, the People’s Committee of Dong Nai Province issued a decision approving the investment policy and designated PAP as the project’s investor.
Spanning 330 hectares, Phuoc An Industrial Park is strategically located within the economic triangle. To the northwest, it borders the Ben Luc – Long Thanh Expressway; to the south, it adjoins the Nhon Trach – Phu My Thermal Power Plant; and to the east, it connects to the Thi Vai River and the planned railway corridor.
This location is considered a “prime spot” in the Southern Key Economic Region, situated just 14 km from Long Thanh International Airport, 49 km from Ho Chi Minh City, 39 km from Bien Hoa City (formerly), and 46 km from Vung Tau City (formerly).
Notably, the Ben Luc – Long Thanh Expressway, a vital transportation link connecting the Mekong Delta with the Southeast region, is in its final construction phase and is expected to open this year. Additionally, the DT.771C route, leading directly to Phuoc An Port and Long Thanh Airport, will serve as a critical transportation axis connecting the Long Thanh – Dau Giay and Ben Luc – Long Thanh Expressways, enhancing the project’s advantages.
Construction of Phuoc An Industrial Park is scheduled to begin in Q4/2025, with full completion expected by Q4/2030.
Regarding land acquisition, PAP has completed compensation and clearance for over 310 hectares, with the remaining 20 hectares currently undergoing compensation payments.
Phuoc An Industrial Park is envisioned as a next-generation high-tech industrial zone, focusing on three key sectors: Aerospace Industry; Semiconductor, Chip Manufacturing, and Artificial Intelligence (AI); and Automation Equipment, Information Technology, and other high-tech products.
The design includes warehousing and logistics areas on both sides of the railway, ranging from 1 to 4 stories with a construction density of 20–50%. The barge terminal along the Thi Vai River will accommodate large cargo vessels, reducing logistics costs. Meanwhile, worker housing and service facilities are strategically located to the west and partially to the east of the main road, featuring 5–9-story apartment buildings with a construction density of 25–40%, along with other service amenities.
According to the recently prepared environmental impact assessment report, the investor plans to commence construction of Phuoc An Industrial Park in Q4/2025, with full completion anticipated by Q4/2030.
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