Duc Hoa 3 - Amic Industrial Park - Tay Ninh

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Information
Operating time: 2008 - 2058	Total Area: 244,63 ha
Infrastructure investors: Him Lam Corporation	Price: 165 USD/m2
Building density: 70%	Occupancy: updating
Address: Duc Lap Ha Commune, Tay Ninh, Vietnam

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Duc Hoa 3 – Amic Industrial Park in Duc Hoa,Tay Ninh, Vietnam, covers 244,63 hectares and operates until 2058. With solid legal grounds, full land clearance, and robust infrastructure, it fosters diverse industries.

I. Duc Hoa 3 – Amic Industrial Park:

The Duc Hoa 3 – Amic Industrial Park, located in Duc Lap Ha, Duc Hoa, Tay Ninh, Vietnam, emerges as a promising industrial hub with a robust legal foundation. Encompassing 244,63 hectares, the park’s operation will extend until 2058.

With completed legal formalities, it provides a stable environment for businesses to flourish. 100% land clearance and extensive infrastructure preparation create an ideal platform for diverse industries.

To ensure balanced urban development, the park adheres to specific land-use regulations. Pure construction density is limited to 70%, while multi-story factories are capped at 60%.

Impressively, Duc Hoa 3 – Amic Industrial Park emphasizes environmental conservation, requiring 20% greenery in each land lot. This fosters a sustainable, eco-friendly atmosphere for businesses and employees.

As the park evolves, it attracts domestic and international investors seeking growth opportunities. Its strategic location in Tay Ninh, a province with robust economic growth, makes it appealing for tapping into the Vietnamese market.

Moreover, its proximity to major transportation networks facilitates efficient connectivity with domestic and international markets, streamlining logistics.

Duc Hoa 3 – Amic Industrial Park not only bolsters the region’s economy but also generates employment opportunities for the local community as businesses expand.

In conclusion, the park stands as a beacon of progress and prosperity. With a well-planned legal framework, abundant greenery, and excellent connectivity, it provides an ideal setting for thriving businesses. Attracting investors from diverse industries, it significantly contributes to the economic growth of Duc Hoa and Tay Ninh, solidifying its position as a prominent industrial hub in Vietnam.

The industrial park investor is Him Lam Corporation.

An overview perspective of Duc Hoa 3 - Amic Industrial Park - Tay Ninh - TTTFIC Group — An overview perspective of Duc Hoa 3 – Amic Industrial Park – Tay Ninh – TTTFIC Group

II. Geographical location:

Duc Hoa 3 – Amic Industrial Park, situated in Duc Hoa district, Tay Ninh province, Vietnam, is part of the larger Duc Hoa 3 industrial park.

The industrial park’s location is strategically connected to various key areas:

To the North lies Thay Cai Canal.
To the South, there are agricultural lands and Duc Hoa 3 – Long Viet Industrial Park.
The Eastern border is shared with Duc Hoa III – Muoi Day Industrial Park.
The Western border is adjacent to Duc Hoa III Industrial Park – Minh Ngan.

With its advantageous position, the park enjoys convenient traffic links:

Only 31 km away from the center of Ho Chi Minh City.
A mere 28 km distance from Tan Son Nhat airport.
Easy access to Saigon Port – Hiep Phuoc, just 46 km away.
A convenient distance of 49 km to Moc Bai International Border Gate.

Master plan map of Duc Hoa 3 - Amic Industrial Park - Tay Ninh - TTTFIC Group — Master plan map of Duc Hoa 3 – Amic Industrial Park – Tay Ninh – **TTTFIC Group**

III. Infrastructure planning of Duc Hoa 3 – Amic Industrial Park:

a. Power Supply:

The 110KVA transformer station in Duc Hoa 3 – Amic Industrial Park is adjacent to Provincial Road 823B. The power supply standard is 250 kW/ha, Tmax= 4.000 hours/year. The total required power capacity is 34,947.41 kW, and energy consumption is 1.394,18 million kWh/year. The 22kV line connects to the existing line along Provincial Road 823B using aluminum and steel-core overhead cables, meeting height requirements. Transformer stations are arranged for street lighting. The 0.4kV line supplies underground street lighting.

b. Water Supply to Duc Hoa 3 – Amic Industrial Park:

The water supply comes from Phu My Vinh Company and Kênh Đông Water Plant, providing 40m3/ha.day. Total water demand is 7.519m3/day. Water is supplied through Ø 200 main pipes, branching to facilities via Ø 100 pipes. There are 36 fire hydrants along roads.

c. Wastewater Treatment System:

The wastewater system is separate and calculates at 80% of the water supply standard. Total wastewater flow is 6.015m3/day. A centralized station with 6.015m3/day capacity serves the park. Ø 300 and Ø 400 underground drains collect wastewater and direct it to the treatment area.

d. Telecommunications System:

Investors receive modern services like Lisealine, ADSL, and fiber optic technology. The telephone system usesTay Ninh’s area codes, providing copper and fiber optic solutions.

e. Transportation System:

Internal roads are at least 25m wide, main traffic axes 30m, with green trees along sidewalks.

IV. Investment-Attractive Industries:

The Duc Hoa 3 – Amic Industrial Park accommodates various industries, including agricultural processing, wood processing, glass, and ceramic production. It also hosts food and beverage processing, paper and stationery, and consumer goods production. Furthermore, the park engages in textile dyeing and garment manufacturing, as well as the production of building materials. Notably, mechanical engineering, metallurgy, and machine building activities thrive within the park, excluding casting, smelting, and plating.

V. Investment Costs:

The Industrial Park offers competitive pricing and flexible payment options for its services:

Water price: $0,4/m²

Wastewater fee: $0,3/m²

Electricity price: $0,05/KWh

The basic worker wage is $200/month, providing a cost-effective labor force for businesses.

For leasing the land, the rental rate is $165 USD/m² with a lease term until 2058. Additionally, there is an infrastructure fee of $0,50 USD/m²/year from the factory’s operation.

Payment Options:

3-Year Deferred Plan:

10% upon land reservation agreement.
10% upon land allocation certificate.
20% upon lease contract signing.
10% after 3 months.
10% after 6 months.
10% after 12 months.
15% after 2 years (*).
15% after 3 years (*).

1-Year Plan:

10% upon land reservation agreement.
10% upon land allocation certificate.
20% upon lease contract signing.
20% after 3 months.
20% after 6 months.
20% after 12 months.

These payment options provide flexibility and convenience for businesses investing in the industrial park.

VI. Investment incentives:

The industrial park actively attracts skilled workers:

– High-level management and technical staff are recruited from Ho Chi Minh City.

– Technical workers undergo training at vocational schools like Viet-Nhat Intermediate School, Tay Ninh Technical Intermediate School, and Tay Ninh Vocational College.

– General labor is sourced from both local and neighboring areas.

Investors benefit from appealing tax incentives:

– Corporate income tax is 20%, starting with a 17% rate for the first 10 years, followed by a 2-year exemption, a 50% reduction for the next 4 years, and a 17% rate for the remaining 6 years from the year of taxable revenue.

Import tax incentives:

– Goods imported following Decree 87/2010/ND-CP dated 13/8/2010 are exempt from import tax.

VAT incentives:

– A reduced rate of 17% applies for 10 years.

Additional incentives:

– Projects in special investment sectors specified in Decree 118/2015/ND-CP dated 12/11/2015 enjoy tax exemption for the first 4 years and a 50% reduction in export tax for the subsequent 9 years.

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