Long An is one of the most attractive provinces to foreign investors. The local authorities have actively set up many industrial parks and complexes with best investment conditions. One of the best industrial parks and complexes is Phu An Thanh Industrial Park in Ben Luc district. The newly established industrial park has soon become a good destination for domestic and international investors.
Busy with many investment projects
Phu An Thanh Industrial Park is located on 307 hectares in An Thanh commune, Ben Luc district, Long An province. The facility is developed and operated by Phu An Thanh - Long An Co., Ltd, a member company of Phu An Thanh Joint Stock Company.
The industrial park has a very convenient traffic position as it lies in the middle of Ho Chi Minh City and Mekong Delta provinces, about 6 km from National Highway 1A and 3 km from HCM City - Trung Luong Highway. Besides, Phu An Thanh Industrial Park is close to the Vam Co Dong River, one of major rivers in the southern Mekong Delta region, thus enjoying a convenient waterway transport system. Especially, with the opening of Ho Chi Minh City - Trung Luong Highway on February 3, 2010, it takes only 30 minutes to drive from the largest city in Vietnam to the industrial zone. In addition to the ideal location, Phu An Thanh also has good traffic connections, infrastructure, services and utilities.
Since mid-2009, Phu An Thanh Industrial Park has attracted many domestic and international investors, including large-scaled concerns like Huu Lien Asia Corporation, Asia Steel Co., Ltd, Huu Lien Steel Co., Ltd, Vinalink International Freight Forwarders, etc. Remarkably, Sumitomo, a leading Japanese corporation, decided to invest nearly US$100 million build artificial plywood factory on an area of 20 ha, capable of processing 250,000 cubic metres of timbers a year. This factory, described as the largest of its kind in Southeast Asia, will be kicked off the construction in June 2010 and put into operation in November 2011.
Once in operation, the facility will employ more than 200 Vietnamese workers in addition to over 2,000 indirect people working in the stages of purchasing, transporting and processing raw timber materials. This project will create jobs and help improve living conditions of people in Long An province and neighbouring provinces.
Reliable address
With endless effort to create an open attractive environment for investors, Phu An Thanh Industrial Park is housing an rising number of domestic and international investors. Mr Khong Manh Hung, Chairman of Asian Steel Company, explained the reason for choosing Phu An Thanh Industrial Park to build the mill to favourable geographical location, convenient traffic to seaports of southern economic zone, and Mekong Delta provinces. Besides, the Management Board of Phu An Thanh Industrial Park always ensures best conditions for investors to do business.
Several other Vietnamese and international investors in Phu An Thanh Industrial Park added that they chose the park because this reliable address has a good infrastructure and quick-completing paper works. The Management Board always helps solve difficulties satisfactorily. This is a comparative advantage of Phu An Thanh Industrial Park.
Mr Lam Truc Nho, General Director of Phu An Thanh Joint Stock Company, said his company is presently going together with investors to turn Phu An Thanh Industrial Park into the most perfect industrial quarters.
The company’s enthusiastic cooperation with and active support for investors and businesses in Phu An Thanh Industrial Park are also reflected by the construction of a wastewater treatment plant on March 26, 2010. The VND100 billion (US$5.4 million) facility has a total processing capacity 10,000 cubic metres per day, with the first phase with a daily capacity of 3,300 cubic metres, which cost VND26 billion. The work, built by Tanimex Construction - Engineering Joint Stock Company (Tanicons), is expected to be completed in seven months. The construction of the wastewater plant evidences the commitment of Phu An Thanh Joint Stock Company’s commitment to tenants, local authorities and people in protecting the living environment of the community.
Reported by Anh Dao
Vietnamese
