The Hiep Phuoc Industrial Park expansion strategy stands as one of the most well-planned, long-term industrial development stories in southern Ho Chi Minh City. With a total area of 1,686 hectares, it ranks as the largest industrial park in Ho Chi Minh City, developed through a carefully phased three-stage model. Understanding this expansion strategy helps investors grasp the infrastructure roadmap, remaining land bank, and long-term potential of the area. For businesses seeking large-scale industrial real estate, this project offers a compelling case study.
Overview of the Hiep Phuoc expansion strategy
The Hiep Phuoc Industrial Park expansion strategy was shaped from the project’s establishment in 1996, with a vision to build an integrated industrial-port complex at Hiep Phuoc Commune, Ho Chi Minh City (formerly part of Nha Be District). Rather than developing the entire land area at once, the developer chose a phased rollout across three stages to ensure synchronized infrastructure investment and avoid capital dispersion. This phased approach is the defining feature of the Hiep Phuoc expansion strategy compared to many other industrial parks.
Phase 1, covering 311.4 hectares, has achieved 100 percent occupancy, proving the real appeal of this location to both domestic and foreign investors. The success of phase one laid the foundation for the developer to confidently push forward with much larger subsequent phases.
Phase 2: Scaling up to nearly 600 hectares
Within the Hiep Phuoc expansion strategy, phase 2 marks a major leap in scale, covering approximately 597 hectares – nearly double phase 1. This scale indicates the developer had carefully prepared technical infrastructure, capital resources, and the capability to attract secondary investors before expanding aggressively.
Doubling the land area in phase 2 also reflects genuine market demand for industrial land in this gateway area of southern Ho Chi Minh City, where proximity to seaports and major transport arteries provides a strong competitive edge.
Phase 3: The current expansion stage and accompanying port zone
Phase 3 of the Hiep Phuoc expansion strategy covers approximately 392.89 hectares and is currently under development. Alongside it, a port zone of approximately 384.71 hectares is being built, forming a rare, complete industrial-port complex within Ho Chi Minh City.
Combining industrial land with a dedicated port zone within the same expansion strategy reflects the developer’s long-term vision: not just supplying production land, but building a closed-loop logistics ecosystem that significantly reduces shipping costs for occupant businesses.
Seaport system – a core advantage of the expansion strategy
An inseparable element of the Hiep Phuoc Industrial Park expansion strategy is its system of three international seaports located within the park: SPCT, Saigon – Hiep Phuoc, and Tan Cang – Hiep Phuoc. Having three seaports right inside the industrial zone is a rare advantage, allowing import-export businesses to significantly cut logistics time and costs compared to shipping through distant ports.
This seaport system is precisely the driving force behind the developer’s persistent pursuit of the Hiep Phuoc expansion strategy across multiple phases, as the synergy between industrial land and seaport infrastructure delivers superior value for both secondary investors and the infrastructure developer.
Synchronized technical infrastructure supporting long-term expansion
To realize the Hiep Phuoc Industrial Park expansion strategy across 1,686 hectares, the technical groundwork had to be thoroughly addressed. The site’s fill elevation ranges from +1.633m to +1.800m, keeping the entire industrial park free from flooding – a common issue in areas adjacent to rivers and the coast in southern Ho Chi Minh City.
In addition, the area benefits from transport connectivity to Ring Road 3, Ring Road 4, and the Ben Luc – Long Thanh expressway passing through the region. These are strategic transport arteries that connect Hiep Phuoc Industrial Park with neighboring provinces and the entire key southern economic region.
Geographic location and regional connectivity
Hiep Phuoc Industrial Park is located approximately 15-20km from downtown Ho Chi Minh City, about 21km from Tan Son Nhat International Airport, and roughly 40km, or around 30 minutes, from the future Long Thanh International Airport. This positions Hiep Phuoc within a favorable triangle connecting the city center, the existing airport, and the upcoming new airport.
The area is also just 10km from Phu My Hung, providing convenient living and working options for executives and experts of businesses investing here, backed by high-quality urban amenities. This is another important element of the Hiep Phuoc expansion strategy, as the developer factors in access to a high-quality workforce.
Legal status and operating entity
Hiep Phuoc Industrial Park was established in 1996, with publicly available sources indicating the operating entity is Hiep Phuoc Industrial Park Joint Stock Company (HIPC), affiliated with Tan Thuan Industrial Promotion Company Limited (IPC). However, the precise roles of each entity in the management and development structure [require confirmation before being officially disclosed].
Investors interested in the Hiep Phuoc expansion strategy should work directly with a consulting partner to obtain accurate, up-to-date legal information before making investment decisions.
Industries best suited to this expansion strategy
Given its in-park seaport advantage and large scale, the Hiep Phuoc expansion strategy is particularly well-suited to businesses with heavy import-export needs, as well as logistics, warehousing, mechanical manufacturing, and large-scale industrial production. On-site seaport access allows these businesses to optimize their supply chains directly where production takes place.
Multinational corporations seeking large land plots to build integrated production-warehousing-export complexes should also seriously consider the upcoming phases of the Hiep Phuoc expansion strategy, as such large, synchronized land banks are becoming increasingly scarce in Ho Chi Minh City.
Long-term investment potential
Overall, the Hiep Phuoc Industrial Park expansion strategy reflects a sustainable, carefully calculated development roadmap executed phase by phase rather than through rushed growth. The 100 percent occupancy of phase 1 is clear evidence of the area’s genuine appeal, building investor confidence for participation in subsequent phases.
With a total scale of 1,686 hectares and synchronized seaport and transport infrastructure, this remains one of the most attractive destinations for businesses seeking large industrial land banks at the southern gateway of Ho Chi Minh City for years to come.
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