ITA Group’s strategic vision
ITA Group’s strategic vision
ITA Group does its best to act consistently with its motto, “the sustainable success and development of our customers is ITA Group’s success”. The group has developed infrastructure for many industrial and residential complexes, working hard to best serve the needs of investors. The result of the company’s steadfast efforts is a growing confidence and satisfaction among its customers.
In its five-year business strategy, ITA Group outlined plans to grow into a large-scale corporation with diverse businesses, but will continue to focus on the key area of building infrastructure for industrial zones and residential complexes, as well as facilities for electricity, water, healthcare, education, and supporting services.
Currently, the group owns over 1,200ha of cleared land, which is ready for use in projects to begin creating stable revenue.
The firm’s operational projects are all located in areas with well-developed infrastructure systems, such as Ho Chi Minh City, Long An, and Kien Giang, which are also considered strong drivers of the country’s industrial sector.
One of the leading enterprises in its field, ITA Group has many years of experience developing large-scale complexes, such as the Tan Tao Industrial Park (443 ha), the Tan Tao Residential Area (145ha), the Tan Duc Industrial Park/Residential/Service Complex (1,159 ha), and the Kien Luong Electric Power Station (510 ha). Planned and built rapidly and sustainably, and supported by comprehensive services, all of these works brought the utmost satisfaction to the projects’ investors.
By the end of 2015, Tan Tao Industrial Park had attracted 261 investors, with total capital of VND11,795 billion ($541 million) from local investors and $125.6 million from foreign investors. Likewise, Tan Duc Industrial Park attracted 131 investors, including 54 foreign investors, with total capital of VND3,962 billion ($187.9 million). In 2015, there were over 200 visitors interested in leasing land in the park, a significant increase compared to 2014.
The flow of foreign direct investment in Vietnam is expected to increase drastically amid the gradual recovery of the global economy, due to the country’s political stability and innovative policies to attract investment. In addition, Vietnam is on its way to expand its regional and global trade relations via many new free trade agreements, in particular the upcoming Trans-Pacific Partnership (TPP) which is expected to turn the nation into a major destination for investors.
As a result of the TPP, demand for manufacturing bases and offices is expected to surge. ITA Group has anticipated this trend and incorporated it in the company’s development strategy for the next five years. The group is currently preparing to take advantage of all opportunities arising from the new wave of investments.
ITA Group affirms its position as the leading enterprise in infrastructure development by prioritising the needs of its customers and the sustainable development of Vietnam’s economy and its society. Since the firm’s inception, it has distinguished itself through its innovative thinking, strategic vision, and keeping the best interests of investors and residents at heart.
