Exciting News for Tay Ninh Residents: Upcoming 500-Hectare Industrial Park Set to Create 23,000 Jobs

The Tay Ninh Province’s Economic Zone Management Board, alongside relevant units, held a working session with Vietnam Rubber Industry Group (VRG) to assess the current status and review preparations for the groundbreaking ceremony of the Hiep Thanh Industrial Park Infrastructure Development and Business Project – Phase 1. The event is scheduled for December 19.

During the meeting, representatives from VRG and collaborating units provided a detailed implementation plan, focusing on finalizing the program script and adhering to agreed-upon content. They also emphasized close coordination with local authorities to ensure security, public order, and traffic safety at the event venue.

Located in Phuoc Thanh Commune, Hiep Thanh Industrial Park – Phase 1 spans over 495 hectares with a total investment of VND 2,350 billion. Its strategic position adjacent to DT 782B Road, National Highway 22B, and existing residential areas positions it as a key driver for provincial growth. The project aims to enhance technical infrastructure, create jobs, increase budget revenue, and attract further investment in the region.

According to the environmental impact assessment report, the project is expected to be completed within 36 months from the land handover date. During 2025–2026, the investor will finalize legal procedures and develop essential infrastructure on approximately 80 hectares, including internal roads, wastewater treatment plants, and power and drainage systems, to attract investment. From 2027–2028, the remaining technical infrastructure will be completed to accommodate secondary investors.

The industrial park is projected to employ between 15,000 and 23,000 workers, equivalent to 70–100 workers per hectare. The workforce structure is expected to include 5% senior management, 20% mid-level management, 50% technical workers, and 25% unskilled laborers.

During the construction phase, the project will also provide employment opportunities for a significant number of construction workers and local laborers. The number of foreign workers will depend on secondary foreign investors leasing land within the industrial park.

Established in 1975, Vietnam Rubber Industry Group is a state-owned enterprise with over 97% of its capital held by the government.

The group comprises 115 member units operating across six core sectors, with industrial park infrastructure development and business being a rapidly growing segment. VRG currently manages 14 industrial parks covering over 4,200 hectares, attracting more than 820 investors and employing approximately 260,000 workers. The group is also developing five new industrial parks, bringing the total area to nearly 6,300 hectares.

Since the beginning of the year, Tay Ninh has attracted 196 new investment projects, including 139 FDI and 57 domestic projects, with a total investment of over USD 800 million and VND 17,000 billion. Additionally, 156 projects have adjusted their capital, increasing it by nearly USD 465 million and VND 1,100 billion.

As of October 20, 2025, the province’s industrial parks have attracted over 2,500 projects with a total investment of more than USD 17.6 billion and VND 230,000 billion. Businesses within these parks currently employ over 372,000 workers.

According to the Management Board’s report, Tay Ninh’s new provincial planning post-merger for 2021–2030, with a vision to 2050, includes 59 industrial parks covering over 16,800 hectares. Of these, 47 have been established, and 12 are in the planning phase, awaiting investment approval.

To date, 32 industrial parks are ready for investment, with a planned area of nearly 9,500 hectares, including over 6,900 hectares of industrial land for lease. More than 4,990 hectares have been leased, achieving an occupancy rate of over 72%. The remaining clean land available for lease is over 1,235 hectares, providing significant potential to attract high-quality projects.