Tay Ninh courts investors with infrastructure push

Vice Chairman of the provincial People’s Committee Duong Van Thang painted a vivid picture of Tay Ninh's socio-economic landscape, highlighting investor-friendly perks and untapped tourism potential. He underscored unwavering support for infrastructure development, with a keen eye set on 2025 and beyond.

Illustrative image - photo: Internet

Tay Ninh is courting investments across six projects in urban development, 15 in housing, 10 in commercial and market infrastructure, two in education and training, 11 in transportation, two in export-import warehousing, nine in agriculture, and three in tourism, he said, adding that with its strategic location along the trans-Asian economic corridor, the province holds immense potential for cross-border trade and logistics, serving as a vital gateway for commerce, goods transit, services, and tourism, not just with Cambodia but also the broader Greater Mekong Sub-region

Chairman of the Board of Directors at the Civil Engineering Construction JSC No.525 Ho Dinh Thuan pledged his company’s dedication to mutually beneficial investment. Following the meeting, the company will establish specialised teams to fast-track projects alongside consultants, he said.

Yeoh Keong Junn, General Director of Fico Tay Ninh Cement JSC, a member of Malaysian conglomerate YTL Group, sought support for key infrastructure projects, particularly the Ho Chi Minh City – Moc Bai expressway linking with Tay Ninh, and the first phase of the Go Dau – Xa Mat expressway, a project with a pre-feasibility study valued at nearly 7.5 trillion VND (300 million USD).

Director of the Tay Ninh Economic Zone Authority Truong Van Hung revealed that the Hiep Thanh Industrial Park (IP) is in the planning stage, while the Dai An Sai Gon IP has been green-lit for a 300-ha site.

Several other IPs are awaiting regulatory approval for expansion, including Thanh Thanh Cong (479 ha), Hung Thuan (700 ha), Thạnh Duc (2,765 ha), and Ben Cui (500 ha). Additionally, the revised master plan for the Moc Bai Border Gate Economic Zone through 2045 is complete and awaiting the Prime Minister's approval, he added.

Thang urged investors to conduct on-site surveys, explore research opportunities, and propose specific investment projects. He assigned relevant departments and agencies to act as coordinators, ensuring necessary information and support to hit the ground running.

Tay Ninh now hosts 718 active projects worth nearly 140 trillion VND, with 422 projects valued at over 75.42 trillion VND already operational. It is also home to 8,786 enterprises with a combined registered capital exceeding 207 trillion VND, with 600–800 new businesses established annually.

Seven industrial clusters, spanning 365.78 ha, are planned and expanding, with three additional clusters covering 221.55 ha set to be developed by 2030, all focusing on clean, eco-friendly processing and manufacturing industries.