“Taking Flight” with a $16 Billion Project: A Massive Wave Hits Dong Nai as Private Enterprises Rush to Join the Fray

The province strategically focuses on attracting high-quality, selective investments into its industrial zones, prioritizing sustainable development and long-term growth.

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A glimpse of Dong Xoai II Industrial Park (Dong Xoai Ward, Dong Nai Province)

Dong Nai is entering a phase of accelerated infrastructure development for its industrial parks (IPs), positioning itself as a strategic hub for both domestic and foreign investment. Notably, private enterprises are playing an increasingly prominent role in this transformation.

Leveraging its advantageous geographical location, robust regional transportation infrastructure, and transparent investment environment, the province continues to solidify its status as the “industrial powerhouse” of the Southeast region.

Currently, Dong Nai leads the nation in the number of operational IPs, with dozens already functioning and many more emerging. Amid rising demand for industrial land, the province is proactively expanding its IP development space, focusing on large-scale, technically integrated, and sustainably oriented projects.

Notably, on December 19th, Dong Nai will simultaneously commence infrastructure construction for three IPs: Long Duc 3, Bau Can – Tan Hiep (Phase 1), and Xuan Que – Song Nhan (Phase 1). Strategically located near Long Thanh International Airport, these projects are poised to attract significant manufacturing, industrial, and logistics investors. Developed by KN Holdings’ ecosystem partners, they underscore the region’s growing appeal.

Aerial view of Minh Hung 3 Industrial Park

Beyond these imminent projects, numerous major enterprises are proposing additional IP developments. Vinh Loc – Ben Luc Industrial Park Investment and Construction JSC has submitted plans for a 500-hectare IP within the Bau Can – Tan Hiep planning area, aiming to integrate seamlessly with regional logistics and transportation networks.

Additionally, the Dong Nai Wood and Handicraft Association, alongside partners, is advancing a 1,000-hectare inter-regional wood production and exhibition hub in the former Xuan Loc area. This initiative seeks to modernize the wood industry, fostering clustering and enhancing Vietnamese enterprises’ competitiveness.

In the province’s northern region (formerly part of Binh Phuoc), Techtra Infrastructure Investment and Development JSC is planning the 2,000-hectare Dong Nam Dong Phu IP, alongside a 310-hectare land reserve for resettlement and social housing. With financing secured, the investor anticipates swift project approval.

Long Thanh International Airport

Dong Nai’s investment strategy prioritizes selective, high-quality, and sustainable IP projects. The province favors high-tech, eco-friendly initiatives that optimize land use and minimize reliance on unskilled labor.

Targeted sectors include future-oriented technologies, high value-added manufacturing, logistics, supporting industries, and advanced services.

This strategy is intricately linked with the transformative potential of Long Thanh International Airport—Vietnam’s largest infrastructure project at $16 billion—and its surrounding areas. The goal is to establish cutting-edge production, service, and logistics chains, capitalizing on shifting global investment trends.

Private sector engagement is injecting new momentum into Dong Nai’s IP infrastructure market, diversifying capital sources, standardizing development practices, and elevating service quality.

With its rapidly maturing infrastructure—highlighted by the forthcoming Long Thanh Airport—Dong Nai is poised to emerge as a major industrial, logistics, and service hub. This positions the province as a key growth driver for the Southern Key Economic Region and Vietnam as a whole.

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