Tan Phu Trung IZ - Rising from difficulties

Jan 6th at 13:42
06-01-2015 13:42:30+07:00

Tan Phu Trung IZ - Rising from difficulties

Thanks to flexible policies in attracting investment, efforts and wholeheartedness in the past years, Tan Phu Trung Industrial Zone, based in Ho Chi Minh City’s Cu Chi district, and its developer - the Northwest Saigon City Development Corporation (SCD) - has scored great success, with significant contributions to the real estate industry and the country's economic development.

A desirable destination to investors

Tan Phu Trung Industrial Zone (IZ) was established on November 4, 2013 with the founding shareholder - Ho Chi Minh City Finance and Investment State-owned Company (HFIC). Along its development path, accompanying the founding shareholder HFIC is the strategic shareholder Kinh Bac City Development Holding Corporation, a member of Saigon Invest Group (SGI) that is one of Vietnam’s leading investment groups in the field of industrial zone investment and development

With available internal resources, along with the strengths and experiences of strategic shareholders, since its debut more than 11 years ago Tan Phu Trung IZ had been posting striking achievements in wooing domestic and foreign investment.

Specifically, from early 2014 until now, Tan Phu Trung IZ has lured slew of domestic and foreign investors operating in many fields of industries such as mechanical engineering, packaging, food and pharmaceutical.

Each project leases from one to six hectare area such as Focus Engineering Co., Ltd, Saigon Insulation, Cuu Long Plastic Packaging, Uyen Vy Company, Binh Vinh Food, Ngu A Chau Service Production Trading and GCC Company. As a result of favourable conditions on geography, transportation, labour source and synchronised planning, and as Tan Phu Trung IZ always responds fully and timely to investors’ demands, businesses have rapidly implemented their construction plans to come on stream.

Additionally, the list of companies leasing land for building plants in Tan Phu Trung IZ continues to be extended by Nghia Nippers Corporation with five hectares for deployment of civil mechanical engineering plant, C.P. Vietnam Corporation with over six hectares for deployment of food processing plant, Viet Dung Aluminum, which currently has a plant in Quang Minh IZ in Ha Noi - and will develop a building material plant over two hectare area in the Tan Phu Trung IZ to satisfy the southern market demand. Many other investors also engaged in industrial production in line with Ho Chi Minh City’s investment policy are under negotiations for land leasing for plant deployment in the IZ in early 2015. The leadership of Tan Phu Trung IZ always has it in mind that despite of any circumstances, they are committed to creating the best and most favorable conditions to investors, ensuring favourable business operation in the IZ.

Tan Phu Trung IZ always tries to make the most of opportunities, and responds to the needs of investors, partners and customers in the fastest and best possible way.

2014: Impressions in difficult time

Looking back on its 11 year path, Tan Phu Trung IZ has undergone many ups and downs, and faced multiple challenges stemming from economic slumps and property market doldrums.

Most recently, the period 2013-2014 proved tough to the real estate market and businesses operating in IZ infrastructure investment and development like Tan Phu Trung IZ. Many companies were dissolved and projects had to be stopped.

Despite challenging times, Tan Phu Trung IZ, with outstanding efforts, has reaped many achievements and continued to charm domestic and foreign investors.

Tan Phu Trung IZ successfully completed the plan and tasks assigned in 2014 with more buoyant business results compared to the previous year.

In addition, thanks to its constant improvements and innovations, Tan Phu Trung IZ also left deep impression on the mind of investors.

With these continuous efforts, in mid-December 2014, Nguyen Thi Van Anh, CEO of Tan Phu Trung IZ developer - SCD got the merit for fulfilling business tasks in 2014 from the Ho Chi Minh City Union of Business Associations.

From 2000 up to present, Van Anh has taken over many important management positions in member companies under the Saigon Invest Group (SGI) that operate in diverse fields such as design consulting, industrial construction execution, fresh concrete trading, workshop development projects for lease in industrial parks such as Tan Tao IZ (Binh Tan - Ho Chi Minh City), Nhon Hoi A IZ (Quy Nhon) and Hung Phu 1 IZ (Can Tho).

With a high sense of responsibility and passion for work, and to continue her work at SGI, she has taken up the post of Tan Phu Trung IZ’s general director from May 2013 until present.

The merit given by the Ho Chi Minh City Union of Business Associations is not only to honour the ceaseless dedication and constant strides by Van Anh as well as Tan Phu Trung IZ to meet the expectations of shareholders and investors, but also to create more confidence and motivation for all employees to strive for building a more powerful and successful Tan Phu Trung IZ.

The eleven years of development is just a journey of Tan Phu Trung IZ on brand development to reach a better future. Capitalised on this strength, Tan Phu Trung IZ is strongly committed to making further headway, meeting the trust and expectations of shareholders and investors, and contributing a great deal to the development of the real estate industry and the national economy.

vir



NEWS SAME CATEGORY

State gets $194 million from MoIT enterprises divestment

The State has divested holdings worth more than VND4,130 billion, equivalent to US$194 million, in five groups and three corporations under the Ministry of Industry...

HCM City retailers celebrate robust holiday sales

Several supermarkets and malls in HCM City reported a surge in business during the long New Year weekend.

Manufacturing sector enjoys strong growth

Viet Nam's manufacturing sector continued to show signs of strengthening during December, recording the most improvement in eight months. Growth was supported by...

EU-MUTRAP Project provides equipment to VN departments

The European Trade Policy and Investment Support Project (EU-MUTRAP) yesterday provided information and technology (IT) equipment to departments and units under...

Can Tho focuses on key industries

The Mekong Delta city of Can Tho plans to focus investment in the three key sectors of rice, seafood, and garments, which are also its biggest exporters.

Officials downplay concerns foreign goods will flood market

The ASEAN Trade in Goods Agreement (ATIGA) is a free trade and investment agreement that has provided investors with a unique set of guarantees designed to...

After 8 years of membership, what has the WTO brought to Vietnam?

The expected gains from Vietnam’s membership in the WTO (World Trade Organization) remain unclear, while the losses are more noticeable.

Nghe An expects to lure VND100 trillion of investment capital

Nghe An central province has set a target to attract around VND100 trillion of invested capital, including VND50 trillion from foreign direct investment (FDI) in...

Parkson closes one of eight department stores in Vietnam

On January 2, department store Parkson Landmark 72 suddenly closed after three years of opening.

Transport fares on hold despite fuel price cuts

Transport rates have not fallen along with fuel costs, so vendors cannot lower prices for products and services as Tet approaches, according to Thu Duc Market...


MOST READ


Back To Top