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IMG Phuoc Dong and EVNSPC cooperate to develop a 110kV power infrastructure system, reaffirming the position of the industrial park as a key hub in Tay Ninh Province.
EVNSPC and IMG Phuoc Dong sign strategic cooperation agreement to invest in 110kV power system, ensuring stable electricity supply for Phuoc Dong Port Industrial Park and Hoa Phat Long An Steel Rolling Mill
On September 10, 2025, at the Southern Power Corporation (EVNSPC) headquarters in Ho Chi Minh City, IMG Phuoc Dong Joint Stock Company (IPD) and EVNSPC officially signed a cooperation agreement to invest in and construct a 110kV transmission line and substation at Phuoc Dong Port Industrial Park. The project aims to ensure timely and stable electricity supply for enterprises operating in the industrial park.
According to reports from Vietnam Electricity (EVN) and assessments by large power-consuming enterprises, Can Duoc is considered one of the most reliable areas for ensuring a steady electricity source for businesses.
The agreement between EVNSPC and IMG Phuoc Dong marks a major step forward in energy infrastructure development, laying a solid foundation for Phuoc Dong Port Industrial Park to attract and accommodate strategic investors, including Hoa Phat Long An Steel Rolling Mill - one of the largest power consumers in the region.
EVNSPC commits to key power infrastructure investment
Under the agreement, EVNSPC will directly invest in the construction of the 110/22kV Phuoc Dong Port substation (designed capacity: 4x63MVA) and a synchronized transmission line connected to the Can Duoc – Go Cong 110kV grid. The committed electricity supply timeline is as follows:
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120MVA capacity by January 2027
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200MVA capacity by June 2027, meeting the urgent power needs of Hoa Phat Long An Steel Rolling Mill and other investors in the industrial park
Mr. Bui Quoc Hoan, Deputy CEO of EVNSPC, emphasized:
“EVNSPC is committed to working alongside IMG Phuoc Dong in developing a modern, synchronized power infrastructure system, ensuring continuous, safe, and efficient electricity supply for all investors in the industrial park. This is not only an energy project, but also a joint effort to accelerate industrialization and foster economic growth in Tay Ninh Province.”
Figure 1 – Leaders of both parties exchange the cooperation agreement on investing in 110kV power infrastructure at Phuoc Dong Port Industrial Park.
IMG Phuoc Dong affirms its responsibility and pioneering role
On the enterprise side, IMG Phuoc Dong will work closely with EVNSPC and the People’s Committee of Tay Ninh Province on legal procedures, planning adjustments, investment approvals, and land clearance compensation. In the near future, IPD also stands ready to cooperate with EVNSPC in directly investing in power supply projects for Tan Lan 1, Tan Lan 2, Tan Lan 3 Industrial Parks and surrounding areas, as well as other industrial parks developed by IPD in Tay Ninh Province.
A representative of IMG Phuoc Dong JSC emphasized:
“The strategic cooperation with EVNSPC to invest in power infrastructure for Phuoc Dong Port Industrial Park reflects the implementation of major policies of the Party, the State, and Tay Ninh Province. The year 2025 marks a turning point for the country, with Resolution 68 serving as a driving force for both enterprises and local authorities to accelerate progress toward elevating Vietnam to new heights.
In particular, this partnership concretizes the spirit of Resolution 70-NQ/TW (2025) of the Politburo on ensuring national energy security through 2030, with a vision to 2045.
At present, IMG Phuoc Dong is collaborating with the Shenzhen Government (China) to establish a high-tech industrial park that prioritizes renewable energy, green energy, carbon reduction, and supports investors in meeting ESG standards. Naturally, these core issues are also being strongly emphasized at Phuoc Dong Port Industrial Park.”
IMG Phuoc Dong has been and continues to provide maximum support to investors in the industrial park, considering it a central mission of the IP.
Figure 2 – Panoramic view of Phuoc Dong Port Industrial Park, developed by IMG Phuoc Dong Joint Stock Company (IPD), a member of IMG Group’s ecosystem.
Related Post
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On the morning of April 29, at Phuoc Dong Industrial Park & Port (Tay Ninh), IMG Phuoc Dong Joint Stock Company, in coordination with local authorities, held the groundbreaking ceremony for a multi-storey factory cluster, a 110kV power system, and the commencement of the worker and expert housing project. With a total investment exceeding VND 3,623 billion, the project is expected to provide a strong impetus for green and sustainable industrial development in the region.
On April 29, 2026, at Phuoc Dong Industrial Park and Port (Tay Ninh), IMG Phuoc Dong held the groundbreaking ceremony for the High-rise Factory Cluster – DZ & 110kV Transformer Substation Project, along with the ground-breaking of the Worker Housing and Expert Residential Development Project. Held in celebration of the 51st Anniversary of the Liberation of Southern Vietnam, the event not only carried strong commemorative significance but also marked an important milestone in advancing the integrated industrial park development strategy – linking manufacturing with infrastructure and living standards.
IMG Phuoc Dong Joint Stock Company hereby announces to our valued Clients and Partners the holiday schedule for major public holidays in April 2026, including Hung Kings’ Commemoration Day, Reunification Day (April 30), and International Workers’ Day (May 1). Kindly refer to the details below for your convenience in planning communications and transactions.
On the occasion of the 51st anniversary of the Reunification Day (April 30, 1975 – April 30, 2026), Tay Ninh officially commenced construction of a multi-storey factory development within Phuoc Dong Port Industrial Park. The project marks a significant milestone in IMG Phuoc Dong’s strategic vision to develop a modern and sustainable integrated industrial–logistics ecosystem.
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