Ho Nai Industrial Park was established under the decision of the Prime Minister dated April 8, 1998, with an initial area of more than 191 ha. The project is developed by the Construction and Investment Consulting Company under the Vietnam Rubber Group, with an operation term of 50 years. On May 23, 1998, the Prime Minister approved an increase in area for Phase 1 to 229.9 ha. The additional area came from 34 ha leased from the Dong Nai provincial authorities by Ching Fon Group (already invested and operational), plus 4.8 ha from three other companies.

On September 28, 2005, the Ministry of Planning and Investment submitted a proposal to the Prime Minister to adjust Phase 1 land lease area to 225.7 ha. On November 16, 2005, the Prime Minister approved in principle the development of Phase 2, and on May 11, 2006, issued the decision to allow investment in Phase 2 with an area of 271 ha.

On August 22, 2006, the Ministry of Construction issued the decision approving the 1/2000 detailed master plan for both Phase 1 and Phase 2. Accordingly, Ho Nai Industrial Park is located in Ho Nai 3 Commune, Trang Bom District, and Bien Hoa City, Dong Nai Province, with a total area of 496.65 ha. The project is invested and operated by Ho Nai Industrial Park Joint Stock Company (under Vietnam Rubber Group), specializing in supporting industries.

Ho Nai Industrial Park has a favorable location, dense population, and an abundant labor force, both unskilled and skilled, enabling investors to easily recruit. The park also benefits from major transportation links to surrounding areas, facilitating economic development and trade. The development of Ho Nai Industrial Park is a positive signal for local growth, creating employment opportunities, boosting domestic and foreign investment, and contributing to sustainable development for the region and the country.

Contributions and Challenges

As of May 2023, there were 122 investors leasing land in Ho Nai Industrial Park, with 269.54 ha of industrial land leased out of 346 ha (78%). Among them: 74 Taiwanese enterprises, 4 Korean enterprises, 3 Japanese enterprises, and 3 Hong Kong enterprises. Main business sectors include mechanical engineering, wooden furniture, plastic products, electronic components, etc. The total initial registered investment capital is approximately USD 450 million, creating jobs for about 17,800 workers.

In 2022, the park’s total production and business revenue reached VND 175,475 million.

Despite more than 25 years of operation, the park still faces challenges with land clearance due to some households and recent cases of land encroachment. Relevant authorities are actively working to resolve these issues.