Type | Publicly listed company |
---|---|
Traded as | ITA |
Industry | Infrastructure development |
Founder(s) | Mdm. Dang Thi Hoang Yen |
Website | www.itaexpress.com.vn |
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.
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Tan Tao Group was established in 1993 in Ho Chi Minh City originally as Hoang Yen Limited Liability Company.[6] Since inception, Madam Dang Thi Hoang Yen has served as Chairwoman of the Board of Management of Tan Tao Group. The Group has now become largely successful in development of multi-scale projects.
Year | Key Milestones |
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2010 | The 18th one – TanTao Energy Company (TEC) was born [7] to develop one of the biggest Coal Fired Power Plant in Vietnam.[8] |
2009 |
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2008 |
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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. |
Tan Tao Group 's major subsidiaries include:
Tan Tao Group has demonstrated a solid track record of project development and achievement. Since its initial operation in 1996, the Group has developed several large-scale industrial parks in Vietnam successfully. For industrial parks, the Group provides comprehensive ancillary services to tenants such as waste treatment services, security services, utilities and telecommunications services. Its ability to provide comprehensive, one-stop services has allowed us to obtain premium rental rates and secure long-term leases for our industrial parks, as well as to attract large and well-known domestic companies and multinational corporations operating in Vietnam. Tan Tao Group’s achievements and contributions have been recognized from the Vietnam Government and other reputable institutions.
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.
On 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.