Dong Thap, September 17, 2026 – IDICO Tien Giang Joint Stock Company, a subsidiary of IDICO Corporation – JSC (HNX: IDC), officially held the Ground-Breaking Ceremony for the construction of technical infrastructure for IDICO Tan Phuoc 1 Industrial Park, a 470-hectare project located in Dong Thap Province – a gateway connecting the Mekong Delta with Ho Chi Minh City.
Images from the Ground-Breaking Ceremony for the Construction of Technical Infrastructure of IDICO Tan Phuoc 1 Industrial Park
On the same day, the Conference on Introduction and Investment Promotion for IDICO Tan Phuoc 1 Industrial Park was held with the participation of leaders of Dong Thap Province, representatives of relevant authorities and associations, as well as numerous domestic and foreign enterprises seeking investment opportunities in the project. Five memoranda of understanding and cooperation agreements covering a total area of 41 hectares were signed at the Conference, marking the first investment connections and demonstrating the business community’s interest in the new industrial space in Tan Phuoc.
Mr. Nguyen Thanh Dieu – Member of the Dong Thap Provincial Party Committee and Vice Chairman of the Dong Thap Provincial People’s Committee, delivering his remarks at the Conference on Introduction and Investment Promotion for IDICO Tan Phuoc 1 Industrial Park
IDICO Tan Phuoc 1 is expected to begin welcoming investors from the first quarter of 2027. Once fully occupied and operating stably, the project is expected to attract approximately USD 1.5 billion in total investment capital and create jobs for around 20,000 workers.
FROM THE GATEWAY TO THE MEKONG DELTA TO AN INTEGRATED CONSUMER MANUFACTURING HUB
Located at the gateway to the Mekong Delta, IDICO Tan Phuoc 1 Industrial Park is oriented toward developing an integrated consumer manufacturing ecosystem, leveraging the region’s advantages in transportation connectivity, logistics, markets and raw material sources in Dong Thap.
In terms of connectivity, IDICO Tan Phuoc 1 is only approximately 3 km from an interchange connecting to the Ho Chi Minh City – Trung Luong – My Thuan – Can Tho Expressway, providing links to Ho Chi Minh City and major economic centers in the Mekong Delta. It also connects with the Ben Luc – Long Thanh Expressway, expanding access to Long Thanh International Airport and the Cai Mep – Thi Vai port complex. The inland waterway port system within the industrial park also supports multimodal transportation and connects with the region’s river and maritime transport networks.
Its advantageous location and connectivity enable IDICO Tan Phuoc 1 Industrial Park to leverage the Mekong Delta’s raw material advantages and develop food manufacturing and processing industries associated with the region’s abundant agricultural and aquatic resources. At the same time, its capacity to accommodate textile and garment projects involving dyeing processes will facilitate the development of additional links in the supply chain, contributing to greater localization of production in the locality.
Connectivity map of IDICO Tan Phuoc 1 Industrial Park
INTEGRATED INFRASTRUCTURE TOWARD A SUSTAINABLE INDUSTRIAL ECOSYSTEM
Technical infrastructure and essential services at IDICO Tan Phuoc 1 Industrial Park will be directly operated by the developer, including a water supply plant, a wastewater treatment system meeting Column A standards, and a 110kV substation. These facilities will contribute to maintaining service stability and quality control throughout enterprises’ operations within the industrial park.
Technological solutions are also integrated into the operation of the industrial park, including the application of AI in environmental monitoring and security surveillance, enhancing the ability to monitor, issue alerts and control activities within the industrial park.
In addition to production infrastructure, IDICO has planned accommodation facilities for experts and workers within the industrial park, together with a social housing development of approximately 20 hectares adjacent to IDICO Tan Phuoc 1 Industrial Park. These facilities provide practical conditions for attracting and retaining human resources – a foundation for the sustainable development of businesses, the community and the local area.
This orientation is also consistent with the perspective shared by Mr. Nguyen Thanh Dieu – Member of the Dong Thap Provincial Party Committee and Vice Chairman of the Dong Thap Provincial People’s Committee – at the Conference, emphasizing that industrial development should not stop at providing infrastructure for lease, but should aim to establish a high-quality, green and sustainable production ecosystem with high added value.
5 MEMORANDA OF UNDERSTANDING – THE FIRST INVESTMENT CONNECTIONS ESTABLISHED
A highlight of the Conference on Introduction and Investment Promotion for IDICO Tan Phuoc 1 Industrial Park was the interest shown by domestic and foreign associations and enterprises in the project.
Five memoranda of understanding covering a total area of 41 hectares were signed between IDICO Tien Giang Joint Stock Company and the Dong Thap Provincial Business Association, Anh Duong Building Joint Stock Company, Zhongbo Construction Engineering Group (Vietnam) Co., Ltd. (a member of China’s Greenland Group), IDEC GROUP ASIA PTE. LTD. (a member of France’s IDEC GROUP), and IDICO-URBIZ One Member Company Limited. These agreements mark initial cooperation toward the development orientation of IDICO Tan Phuoc 1 Industrial Park.
Signing of investment cooperation memoranda as part of the Conference
THE BEGINNING OF IDICO’S LONG-TERM STRATEGY IN THE MEKONG DELTA
IDICO Tan Phuoc 1 Industrial Park is one of the projects within IDICO’s strategy to expand its industrial ecosystem in localities with strong development potential.
With more than 25 years of experience in developing industrial ecosystems, IDICO currently invests in and manages 14 industrial parks across key economic regions nationwide. Building on this foundation, IDICO aims to develop IDICO Tan Phuoc 1 Industrial Park not merely as an infrastructure project, but as a step toward establishing a comprehensive industrial ecosystem in Dong Thap, encompassing infrastructure, operational services, housing and connections with the local workforce.
“IDICO is ready to continue accompanying Dong Thap Province, studying and participating in suitable projects and gradually contributing to the formation of a key industrial area in Tan Phuoc.” – Mr. Nguyen Hong Hai, Deputy General Director of IDICO Corporation and Director of IDICO Tien Giang Joint Stock Company."