Sonadezi Corporation and Vietnam Rubber Group Propose Green Economy and Social Housing Investment in Binh Thuan

BTO – On the morning of March 12, 2025, Comrade Nguyen Hoai Anh – Alternate Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Comrade Do Huu Huy – Chairman of the People’s Committee of Binh Thuan Province; Comrade Nguyen Hong Hai – Vice Chairman of the Provincial People’s Committee, along with leaders of various departments and sectors, held a working session with Sonadezi Corporation and the Vietnam Rubber Group.

Representing Sonadezi Corporation was Mr. Truong Dinh Hiep – Chairman. Representing the Vietnam Rubber Group was Mr. Tran Cong Kha – Chairman.

Sonadezi Corporation (Sonadezi) is one of Vietnam’s leading enterprises in industrial park development, managing 11 operational industrial parks with over 800 projects. Currently, Sonadezi Binh Thuan Shareholding Company is implementing the Tan Duc Industrial Park Infrastructure Investment and Business Project in Ham Tan District, covering an area of 300 hectares, with a total investment of approximately VND 1,200 billion, expected to inaugurate phase 1 in April 2025.

The scene of the working session between Binh Thuan provincial leaders and Sonadezi Corporation

The scene of the working session between Binh Thuan provincial leaders and Sonadezi Corporation

Leaders of Binh Thuan Provincal Department of Construction speaking at the meeting

Leaders of Binh Thuan Provincal Department of Construction speaking at the meeting

Leaders of Binh Thuan Provincal Department of Finance speaking at the meeting

Leaders of Binh Thuan Provincal Department of Finance speaking at the meeting

Leaders of Ham Tan District speaking at the meeting

Leaders of Ham Tan District speaking at the meeting

Mr. Nguyen Hong Hai, Vice Chairman of the Provincial People's Committee, speaking at the meeting with Sonadezi Corporation

Mr. Nguyen Hong Hai, Vice Chairman of the Provincial People’s Committee, speaking at the meeting with Sonadezi Corporation

At the meeting, Sonadezi Binh Thuan Shareholding Company reported on the implementation progress of Tan Duc Industrial Park (Phase 1), stating that over 90% of the land has been cleared, and construction work is being expedited. However, 16 hectares, including the road access to the industrial park, remain unavailable. The company also proposed further investments in projects included in the provincial planning for upcoming implementation. Specifically, Sonadezi suggested building social housing on a land fund of 39 hectares; building Tan Duc Industrial Park expansion in phase 2; investing in a 1.5 km long road connecting Tan Duc Industrial Park phase 1, phase 2 and to reduce traffic safety pressure for the area. Additionally, Sonadezi requested the province to facilitate its operations in waste treatment, wastewater treatment, water supply, and promote the construction of industrial – service ecosystem, develop value chains, and accompany the province in implementing green and sustainable growth goals.

Mr. Truong Dinh Hiep, Chairman of Sonadezi Corporation, speaking at the meeting with Binh Thuan provincial leaders

Mr. Truong Dinh Hiep, Chairman of Sonadezi Corporation, speaking at the meeting with Binh Thuan provincial leaders

Vietnam Rubber Group is a large-scale agro-industrial economic corporation in Vietnam with extensive experience in industrial park infrastructure investment and business. The group currently manages 11 industrial park infrastructure companies and has invested in 14 industrial parks on converted rubber plantation land, covering a total area of over 4,135 hectares in the Southeast and Southern regions of Vietnam.

Mr. Tran Cong Kha, Chairman of Vietnam Rubber Group, speaking at the meeting with Binh Thuan provincial leaders

Mr. Tran Cong Kha, Chairman of Vietnam Rubber Group, speaking at the meeting with Binh Thuan provincial leaders

With its achievements and experience, Vietnam Rubber Group proposed infrastructure investment in Gia Huynh Industrial Cluster (Tanh Linh) and an industrial park in Tan Ha Commune (Duc Linh) on land owned by Binh Thuan Rubber One-Member Limited Liability Company. Additionally, Vietnam Rubber Group proposed investing in two solar power plants to supply these industrial parks. The purpose is to build a model of modern industrial park, green industrial park, circular ecological industrial park, associated with digital transformation, high technology application.

Leaders of Duc Linh District speaking at the working session between Binh Thuan Province and Vietnam Rubber Group

Leaders of Duc Linh District speaking at the working session between Binh Thuan Province and Vietnam Rubber Group

At the meeting, the departments and districts with projects being implemented and proposed for investment informed about the relevant regulations, the situation, and the status of technical infrastructure that are favorable for investment. In addition, they also focused on analyzing the regulations and procedures in social housing investment and investor selection, because there are currently many investors registering for industrial clusters.

In an exchange with the Chairman of the two corporations and general companies, the leaders of the Provincial Party Committee and the People’s Committee of Binh Thuan Province welcomed the businesses that have shown interest in choosing Binh Thuan Province as a destination to expand their investment and wished to cooperate in long-term investment with the province through proposing new projects, especially social housing projects.

Delegates attending the working session between Binh Thuan province and Vietnam Rubber Group

Delegates attending the working session between Binh Thuan province and Vietnam Rubber Group

Chairman of the Provincial People's Committee Do Huu Huy speaking at the meeting with Vietnam Rubber Group

Chairman of the Provincial People’s Committee Do Huu Huy speaking at the meeting with Vietnam Rubber Group

Provincial Party Secretary Nguyen Hoai Anh informed that Binh Thuan is currently facing new opportunities and chances for development, so the conditions for transport infrastructure, energy, etc. are much more favorable than in previous years. With its geographical location close to dynamic economic regions such as Dong Nai, Ba Ria – Vung Tau, Ho Chi Minh City, now with diverse transport infrastructure and the upcoming Phan Thiet airport for civil use, high-speed railway passing through the province with 2 stations, Binh Thuan will accelerate, break through, and develop strongly in the coming time. Currently, the province is updating and including other plans to implement the Binh Thuan Provincial Planning for the period 2021-2030, with a vision to 2050, including specific projects and works. In addition, the province is also considering and adding to the planning a chain of industrial parks and clusters in areas bordering the Southern key economic region. If calculated from west to east, it will pass through Duc Linh, Tanh Linh and Ham Tan districts. Accordingly, the province plans to add a number of new industrial parks and clusters along with infrastructure investment and social security to serve workers and people.

Comrade Nguyen Hoai Anh, Alternate Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, delivering directives at the meeting with Vietnam Rubber Group

Comrade Nguyen Hoai Anh, Alternate Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council, delivering directives at the meeting with Vietnam Rubber Group

The Provincial Party Secretary hopes that in this process, corporations and general companies will closely coordinate with the province in the spirit of complying with legal regulations and harmonizing interests. The province will always pay attention to the interests of investors, calculating and creating maximum conditions for development space for corporations and companies to invest in Binh Thuan. With the investment plans of Sonadezi Corporation, the province will create maximum conditions to carry out procedures and select investors strictly in accordance with regulations. The Secretary suggested that the corporation allocate resources to invest in Binh Thuan, attract secondary investors to Tan Duc Industrial Park with modern, environmentally friendly technology… As for the Vietnam Rubber Group, it will coordinate with departments and branches to build a specific roadmap, plan implementation methods, and continue to resolve any problems so that the corporation’s new projects in the province can come into operation as soon as possible.

Presenting souvenirs between Binh Thuan province and Vietnam Rubber Group

Presenting souvenirs between Binh Thuan province and Vietnam Rubber Group

Presenting souvenirs between Binh Thuan province and Vietnam Rubber Group

Presenting souvenirs between Binh Thuan province and Vietnam Rubber Group

Leaders of Binh Thuan province and SONADEZI Corporation presented souvenirs

Leaders of Binh Thuan province and SONADEZI Corporation presented souvenirs

Leaders of Binh Thuan province and SONADEZI Corporation presented souvenirs

Leaders of Binh Thuan province and SONADEZI Corporation presented souvenirs

According to Binh Thuan Online

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