Amata's fourth Vietnam industrial park to debut in 2026

Amata Vietnam, a subsidiary of Thailand’s Amata Corporation, expects to complete construction of its fourth industrial park in the country in 2026, expanding its total industrial land to 2,347 hectares.

Founded in 1994, Amata Vietnam is the first foreign industrial developer in the country. It operates three IPs - Amata City Bien Hoa (513 hectares) and Amata City Long Thanh (410 hectares), both in Dong Nai province near Ho Chi Minh City, and Amata City Halong in Quang Ninh province (710 hectares).

Its fourth IP, the 714 hectare Amata Song Khoai, is under construction, also in the northern province of Quang Ninh. The new park will cost about $150 million to build.

Amata Vietnam’s three operational IPs are currently home to facilities and warehouses of more than 190 tenants, whose combined investments are over $4 billion, according to the company’s data.

Quang Ninh, on the Vietnam-China border, is part of the triangle development of Hanoi-Hai Phong-Quang Ninh, with Hai Phong being northern Vietnam’s largest logistics hub. Quang Ninh is emerging as a new destination for foreign direct investment in the north.

Therefore, Amata intends to expand its industrial land area in Quang Ninh to 5,800 hectares in all, not just Amata City Halong and Amata Song Khoai IPs. A total estimated investment of almost $2 billion is planned for this ambitious expansion, according to the firm.

Investors are pumping billions of U.S. dollars into industrial property development in Vietnam as the country has emerged as one of the most attractive destinations for pandemic-induced supply chain relocations.