Tay Ninh approves Tan Lan 3 industrial park, investor IMG Long An to develop 336 ha site
Tay Ninh Provincial People's Committee has approved the investment policy for Tan Lan 3 Industrial Park, selecting IMG Long An Joint Stock Company as the investor. The 336-hectare multi-sector park in Tan Lan Commune requires VND8.45 trillion in total investment and will have a 50-year operating ter
Tay Ninh Provincial People's Committee has approved the investment policy for the Tan Lan 3 Industrial Park and selected IMG Long An Joint Stock Company as its investor. The decision was announced at the Tay Ninh Province Investment Promotion Conference on 28 Aug 2026.
The industrial park in Tan Lan Commune will cover approximately 336 hectares and require total investment of VND8.45 trillion. It will have an operating term of 50 years from the date of the first land allocation or land lease decision issued by the competent authority.
Under the approved plan, Tan Lan 3 will be developed as a multi-sector industrial park focused primarily on manufacturing and processing, along with industries and services supporting industrial production. The park is designed to accommodate 15 industry groups, with the planned mix intended to facilitate supply links among businesses, allowing products from one enterprise to be used as raw materials, semi-finished goods or service inputs by another.
The project was among 31 projects involving 27 investors that received investment policy decisions or investment registration certificates at the conference, with combined capital of about VND80 trillion (US$3 billion). Across project groundbreakings, investment approvals and registrations, and expressions of investor interest, the conference recorded 103 projects and works with combined capital of approximately VND915 trillion.
Tay Ninh's economy grew 10.12 per cent in the first half of 2026, while its economic scale in 2025 ranked ninth among Vietnam's 34 provinces and cities. The province has attracted more than US$26 billion in foreign direct investment, ranking seventh nationwide, according to information released at the conference.
Speaking at the conference, Deputy Prime Minister Le Tien Chau called for investment attraction to contribute to productivity, technological capabilities, domestic businesses and supporting industries, while avoiding economic growth at the expense of the environment.
Legal procedures for Tan Lan 3 are scheduled to continue through December 2026. Compensation, site clearance and funding advances for compensation, support and resettlement are expected to be substantially completed by August 2027. Industrial land subleasing is expected to begin in phases from June 2028. Land procedures, site preparation, technical infrastructure construction and clearance of the remaining area are scheduled to continue through June 2029.
