Over the past years, Nam Tan Uyen Industrial Park Joint Stock Company (NTC) has maintained stable revenue and profit growth, demonstrating a strong and sustainable upward trend. The company shared its experiences at the 5th VRG Patriotic Emulation Congress, highlighting effective strategies for industrial development and management.
Stable Revenue and Profit Growth
Nam Tan Uyen Industrial Park Corporation currently manages over 966.5 hectares of industrial land across three industrial parks (IPs) in Binh Duong Province:
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Nam Tan Uyen Industrial Park (NTC1), established in 2005 – 332 ha
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Nam Tan Uyen Expansion Phase I (NTC2), established in 2010 – 288.5 ha
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Nam Tan Uyen Expansion Phase II (NTC3), established in 2018 – 346 ha
As of mid-2020, NTC1 and NTC2 have achieved over 95% occupancy, reflecting strong investor confidence. The upcoming NTC3 project is being prepared for investment promotion and will further expand the company’s industrial footprint.
Between 2016 and 2019, NTC recorded remarkable business results, with annual revenue and profit remaining stable and continuously increasing. Revenue growth rates ranged between 21.48% and 156.38% — a testament to the company’s sound management and market adaptability.
By June 30, 2020, the company had leased 445.88 hectares of industrial land across NTC1 and NTC2, attracting 216 projects, including:
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128 domestic projects with total registered capital of VND 7,600 billion, and
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88 foreign-invested projects totaling USD 280 million in registered capital.
Currently, these two projects provide employment for approximately 26,623 workers.
Emphasis on Environmental Protection and Infrastructure Quality
After 15 years of development, NTC’s infrastructure has been continuously upgraded to meet investor needs. The parks feature:
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A comprehensive transport network for large cargo vehicles,
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Efficient drainage systems to prevent local flooding, and
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Well-operated wastewater treatment facilities.
The company places strong emphasis on environmental protection, conducting regular inspections to control wastewater, gas, and solid waste emissions from enterprises operating within the industrial zones. NTC works closely with local authorities to handle environmental violations and resolve disputes between businesses effectively.
The company has also implemented international management systems:
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ISO 14001:2015 – Environmental Management System
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ISO 9001:2015 – Quality Management System
These frameworks ensure standardized operations and consistent quality across departments.
Expanding Value-Added Services and Green Initiatives
To diversify services and attract new investors, NTC plans to expand into several supporting industries, including:
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Industrial waste collection and treatment,
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Logistics and warehousing services,
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Rooftop solar power projects in partnership with the Electricity Company, and
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Joint infrastructure investment in power and water utilities.
In the near future, NTC proposes that the Vietnam Rubber Group (VRG) coordinate with the Binh Duong People’s Committee to expedite land allocation for NTC Expansion Phase II (346 ha) — enabling the company to promptly welcome foreign investors seeking opportunities in Vietnam.
Additionally, NTC seeks support to develop a 19.5-hectare residential area in Uyen Hung Ward, adjacent to Nam Tan Uyen IP Expansion, to provide housing for experts and workers employed in the industrial park.