TTC reaps benefits from IZ and logistics efforts

Strategic moves have successfully shifted the economic structure towards industrialization, emphasizing ecological practices and adopting environment-friendly models in industrial zones and clusters.

TTC IR strives for a green and sustainable economy

Therefore, the 2023 Sustainable Development Report of Thanh Thanh Cong Industrial Real Estate (TTC IR) was seen as a positive signal for realizing a green and sustainable economy.

In 2023, Saigon Ratings announced IZ’s credit rating at “vnA” with a “Stable” outlook. In early 2024, IZ received the honor of “top 10 industrial real estate projects with the most potential in 2024” in a ranking program organized by Reatimes and the Vietnam Institute for Real Estate Research.

This recognition is based on direct voting by Reatimes.vn readers and a council of independent experts in economics, law, architecture and more.

TTC IR’s core development is Thanh Thanh Cong IZ, which is the second largest provider of industrial real estate products and services in Tay Ninh Province.

It consists of 760 hectares of industrial land, 75 hectares of residential area, inland ports and solar energy parks. With the development orientation on the smart eco-IZ model, it applies technology in the management and operation of IZs to conserve resources, save energy and give priority to environmental management and green landscapes.

Thanh Thanh Cong IZ is rated as one of the largest IZs in Vietnam, with an occupancy rate of 95 percent, exceeding the industry average of 82 percent. Developed in harmony with production and business activities, environmental protection and social environment, it maintains a model status in the Southern Key Economic Region.

The IZ is currently an ideal investment destination for nearly 100 domestic and foreign enterprises, and provides employment for more than 30,000 local workers. It contributes significantly to the state budget and serves as a crucial engine for the development of the economic and service sectors in the local area and regionally.

Looking to 2025 and beyond, TTC IR plans to further expand its existing IZs and invest in new zones in Long An and Tay Ninh. The forecast annual growth rate for industrial lease income is expected to reach 22 percent during 2023-2025.

TTC IR has a network of fully equipped warehouse operations spread over 690,000 sqm in locations such as Tay Ninh, Ho Chi Minh City, Long An, Binh Duong and Ba Ria-Vung Tau, with convenient connections to logistics hubs, international ports and airports.

The company provides optimal storage solutions for businesses through warehouse and turnkey plant leasing services, warehouse leasing and collateral/consignment management, freight handling and utilities.

In 2023, TTC IR also developed a high-quality warehouse system in Tra Noc IZ in the Mekong Delta city of Can Tho, as well as a warehouse system in the northern city of Haiphong.

By implementing the projects, we contribute to the diversification of services and to a more stable turnover from leasing activities, the company said.

In terms of inland ports, TTC IR also owns Thanh Thanh Cong Port and Ben Keo Port in Tay Ninh Province. The facilities include a dock that can accommodate vessels up to 1,000 DWT, barges with a capacity of 2,000 DWT and self-propelled barges that carry up to 84 TEUs.

As a member of the TTC Group, TTC IR was established from the merger of Thanh Thanh Cong Industrial Zone JSC and Dang Huynh Industrial Zones Exploitation And Management JSC.

With over 16 years of experience in industrial real estate and logistics and a team of professional, dynamic and renowned employees, TTC IR offers comprehensive solutions through various products and services.

It is also a trusted partner of major domestic and international companies from South Korea, China, Japan, Singapore, several EU countries and more.

TTC Group Chairman Sees 2024 as Crucial Year for M&A in Vietnam At the Vietnam M&A Forum 2023, held by VIR in Ho Chi Minh City on November 28, TTC Group Chairman Dang Van Thanh reflected on his pioneering journey in the world of mergers and acquisitions (M&A), a path he embarked on some 20 years ago during his time at Sacombank.

TTC AgriS secures another $80 million Thanh Thanh Cong – Bien Hoa JSC (TTC AgriS) completed the signing of an $80 million loan agreement with Taiwan’s E.SUN Commercial Bank Ltd. on May 13.

TTC AgriS International Partners Day 2024 promotes global cooperation for sustainable development Thanh Thanh Cong – Bien Hoa JSC (TTC AgriS, ticker: SBT), Vietnam’s leading multinational agribusiness company, recently welcomed more than 60 senior leaders from government agencies and strategic partners for exchange and networking at the TTC AgriS International Partners Day 2024, held in Shangri-la, Singapore in late May 2024.

TTC AgriS appoints new chairman Dang Huynh Uc My has been appointed Chairman of the Board of Directors (BOD) of Thanh Thanh Cong – Bien Hoa JSC (TTC AgriS). She succeeds founder Huynh Bich Ngoc.