Tan Tao Group is a leading industrial park and infrastructure developer in Vietnam, specializing in industrial parks development, land development, infrastructure and power development, and telecom and network development.[1] Tan Tao Group's key subsidiary, Tan Tao Investment & Industry Corp (“ITACO”), is the first privately managed and leading industrial park developer in Vietnam. ITACO is the first private industrial park developer listed on the Ho Chi Minh Stock Exchange (Stock Code: ITA). ITACO is one of 9 leading companies in Vietnam included into the Russell Vietnam Index 10 [2] and one of 10 companies with the largest market capitalization and highest liquidity included into S&P Vietnam 10 Index.[3] According to the 2011 ranking of Vietnam's top 1000 companies with the highest corporate income tax contribution conducted by the Vietnam Report Company in coordination with VietnamNet and Tax magazine of the General Department of Taxation, Tan Tao Investment & Industry Corporation is ranked 129th [4] and 35th [5] among Vietnam's top 200 private companies with the highest corporate income tax contribution.
| Company type | Publicly listed subsidiary |
|---|---|
| ITA | |
| Industry | Infrastructure development, Real estate |
| Founded | 1996 |
| Founder | Mme. Dang Thi Hoang Yen |
| Headquarters | Binh Tan District, Ho Chi Minh City, Vietnam |
| Products | Industrial park development, real estate investment, property management |
| Total equity | $736.96 million (as of December 2021) |
| Website | www.itaexpress.com.vn |
History
editTan Tao Group was established in 1993 in Ho Chi Minh City originally as Hoang Yen Limited Liability Company.[6] Since its inception, Madam Dang Thi Hoang Yen has served as the group's chairwoman of the board.
| Year | Key Milestones |
|---|---|
| 2010 | The 18th one – TanTao Energy Company (TEC) was born [7] to develop one of the largest Coal-Fired Power Plants in Vietnam.[8] |
| 2009 |
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| 2008 |
|
| 2007 |
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| 2006 |
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| 2005 | Launch of Tan Duc Industrial Park - Phase 1.[12] |
| 2004 | Launch of Tan Tao –Vinatex Industrial Park. |
| 2003 | Launch of Tan Tao Industrial Park - Phase 2.[13] |
| 2002 |
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| 2001 | Launch of Nhon Trach Industrial Park. |
| 2000 | The Third one – ITATRANS was born to be the first ICD Port for IPs in HCM City. |
| 1997 | Launch of Tan Tao Industrial Park – Phase 1.[14] |
| 1996 | ITACO - The first private sector to be granted land for industrial park development in Vietnam. |
| 1994 | The Second Bird was Southern Engineering & Architecture Company – S.E.I was launched. |
| 1993 | The first Bird of Tan Tao Group was born – Hoang Yen Company Limited. |
Businesses
editTan Tao Group 's major subsidiaries include:
- Tan Tao Investment and Industry Corporation (ITACO)
- Tan Duc Investment Corporation
- ITA Water Corporation
- Saigon - Mekong City Investment Corporation
- Tan Tao Services Utilization – Office and Warehousing Trade Corporation (TASERCO)
- Tan Tao Energy Development Corporation (TEDC)
- Tan Tao Energy Corporation (TEC)
- Southern Engineering Informatics Investment Corporation (S.E.I)
- ITA-ways Corporation
- Tan Tao Freight Forwarding and Warehousing Corporation - ITA Trans Corporation
- Tan Tao Cement Corporation
- Tan Tao Urban Development and Investment Corporation
- ITA Telecommunication Corporation
- Vietnam Broadcasting Corporation (VBC)- website: www.vbc.com.vn.
- RealTV Corporation - website:www.realtv.com.vn
- Tan Tao University - website: www.ttu.edu.vn
Investments
editSince its initial operation in 1996, the Group has developed several large-scale industrial parks in Vietnam. For industrial parks, the Group provides ancillary services to tenants such as waste treatment services, security services, utilities and telecommunications services.
- Industrial Parks
- Tan Tao Industrial Park:[15] is located in the Binh Tan District of Ho Chi Minh City and is approximately 12 km from the Ho Chi Minh City centre and 12 km from the Tan Son Nhat International Airport.
- Tan Duc Industrial Park:[16] is located in the Duc Hoa District of Long An Province and is approximately 26 km from Ho Chi Minh City, 28 km from the Tan Son Nhat International Airport and 29 km from the Saigon Port.
- Infrastructure
- Nam Du Deep Water Seaport: The project with total investment capital of $800 million would be implemented in two phases: In the first phase, the seaport will have total yearly designed capacity of 12 million tonnes of coal and five million tonnes of goods. In addition, the port will be able to receive 80,000 dwt carriers. In the second phase, the seaport's designed capacity will be raised to 50 million tonnes of coal, 12 million tonnes of goods per year as well as having capacity to welcome 150,000-200,000 dwt.[17]
- Tan Tao University (TTU):[18] It is the first Vietnam–American University that is accredited on US Education standards that will enable its scholars to spend their 3rd year in the US. Graduates from TTU can also be admitted to post-graduate programs internationally.
- Energy Development
The Group has been developing Kien Luong thermal power complex with an aggregate capacity of 4,400-5200 MW in Kien Luong province [19] in the South of Vietnam and several hydro projects which will represent over 10% of the country's installed capacity by 2020. The Complex comprises three coal-fired power plants (Phase I: 1,200 MW, Phase II: 1,200-2,000 MW, and Phase III: 2,000 MW). The Complex is planned to be one of the largest power generation complexes in the country meeting the power requirement of the Southern Vietnam.
Charity activities
editOn September 30, 2007, Tan Tao Group launched three Foundations:[20] ITA Scholarship, ITA Medical Aid and ITA Veterans Assistance with the attendance of President Nguyen Minh Triet. Since Tan Tao Group funded a total of 21 billion dong through three Foundations and hopes to continually assist the community in meeting their basic needs. Tan Tao Group hopes to encourage other corporations to join in its efforts in bettering the human lives in Vietnam.
- ITA-Scholarship: This foundation gives scholarships to poor but talented students. Aid is also given to teachers in need, encouraging them to teach in remote, rural areas.
- ITA Medical Aid: This foundation supports victims of Agent Orange and patients in need of financial assistance.
- ITA Veterans Assistance: This foundation aids victims of war. Survivors of war including the Federation of the Vietnamese Mothers, injured veterans as well as victims of natural disasters.
- Hoa Trang Nguyen Prize: It was established in 2008 by the Tan Tao Group in coordination with the Ministry of Education and Training, the Party Central Committee's Commission for Popularization and Education, Ho Chi Minh Communist Youth Union Central Committee, and the Vietnam Association of non-state universities and colleges. The prize aims to annually honor students with the best performance in high schools, or with first national prize, international medals and highest scores in national university entrance exams.
References
edit- ^ "History / Introduction / Home - "The Ita Group's official Website"". Archived from the original on April 14, 2011. Retrieved August 24, 2011.
- ^ "Russell Global Index Adds Vietnam Stocks". Reuters. July 2, 2008. Archived from the original on February 21, 2014. Retrieved February 5, 2014.
- ^ [1] [dead link]
- ^ "Bảng xếp hạng". Vietnamtop1000.vn. Archived from the original on February 21, 2014. Retrieved February 5, 2014.
- ^ "Bảng xếp hạng". Vietnamtop1000.vn. Archived from the original on April 25, 2012. Retrieved February 5, 2014.
- ^ "World Knowledge Forum 2010". Wkforum.org. Retrieved February 5, 2014.
- ^ "ITA Group reports business field and personnel information to HOSE / News / ITA Securities / ITA News / Home - Thông tin Kinh tế - Công Nghiệp". En.itaexpress.com.vn. January 21, 2009. Retrieved February 5, 2014.
- ^ "EPC contract signed for major coal-fired power plant - Vietnam Business NewsVietnam Business News". Vietnambusiness.asia. July 6, 2010. Archived from the original on November 16, 2011. Retrieved February 5, 2014.
- ^ "Saigon Times Online - Savoring Slices Of Airtime Success - Savoring Slices Of Airtime Success". English.thesaigontimes.vn. October 26, 2007. Archived from the original on April 1, 2012. Retrieved February 5, 2014.
- ^ "Construction of Tan Duc Residential-Industrial-Services area (Phase 2) begins / News / Tan Tao Today / ITA News / Home - Thông tin Kinh tế - Công Nghiệp". En.itaexpress.com.vn. December 19, 2007. Retrieved February 5, 2014.
- ^ "ITA: Notice of the first listing and trading day". Hsx.vn. Archived from the original on February 22, 2014. Retrieved February 5, 2014.
- ^ "Tan Duc Industrial Park Development Begins / Member News / Tan Tao Today / ITA News / Home - Thông tin Kinh tế - Công Nghiệp". En.itaexpress.com.vn. December 15, 2007. Retrieved February 5, 2014.
- ^ "Vinh Loc Industrial Park". Archived from the original on April 16, 2008. Retrieved September 21, 2011.
- ^ "Vietnam Business Directory". En.www.info.vn. December 29, 2010. Archived from the original on April 2, 2012. Retrieved February 5, 2014.
- ^ [2] Archived January 18, 2016, at the Wayback Machine
- ^ "Tan Duc Industrial Zone". Longan.gov.vn. Archived from the original on October 8, 2011. Retrieved February 5, 2014.
- ^ "Tan Tao Group to build Nam Du deep-water seaport - Vietnam Business NewsVietnam Business News". Vietnambusiness.asia. July 12, 2010. Archived from the original on November 13, 2011. Retrieved February 5, 2014.
- ^ "Tan Tao University". Ttu.edu.vn. Retrieved February 5, 2014.
- ^ "Work begins on Kien Luong power plant - Talking Shop - VietNam News". Vietnamnews.vnagency.com.vn. Retrieved February 5, 2014.
- ^ "Press Release: Tan Tao Group launching 3 charity funds / ITA-s Information / ITA Foundations / Home - Thông tin Kinh tế - Công Nghiệp". En.itaexpress.com.vn. November 16, 2007. Retrieved February 5, 2014.