Duc Hoa 3 - Long Viet Industrial Park - Tay Ninh

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Information
Operating time: 2005 - 2055	Total Area: 86,49 ha
Infrastructure investors: Him Lam Corporation	Price: 165 USD/m2
Building density: 70%	Occupancy: updating
Address: My Hanh Bac Commune, Tay Ninh, Vietnam

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I. Overview of Duc Hoa 3 – Long Viet Industrial Park:

Duc Hoa 3 – Long Viet Industrial Park, an expansive zone, is renowned for its prime location and comprehensive facilities. Spanning 86,49 hectares, it accommodates various industries seeking a foothold. The park provides a complete legal framework, ensuring a secure and reliable platform for investors to establish operations.

Notably, Duc Hoa 3 – Long Viet Industrial Park offers an extended tenure until 2055, promoting stability and long-term planning for businesses. Its readiness for development sets it apart, with 100% clearance and infrastructure readiness, facilitating prompt construction without delays.

To maintain balance, specific guidelines limit construction density to 70%, avoiding overcrowding. Factories on 5 floors have a 60% density cap, encouraging sustainable land use. Emphasizing green spaces, each land lot must have 20% green tree coverage, benefiting aesthetics and environmental conservation.

Strategically located, with thoughtful design and legal compliance, Duc Hoa 3 – Long Viet Industrial Park allures both local and international investors. It fosters a conducive environment for businesses to expand sustainably. As a promising hub, it capitalizes on burgeoning opportunities in the region.

Him Lam Corporation is an investor in industrial parks.

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

II. Geographical location:

Duc Hoa III – Long Viet Industrial Park is strategically situated in My Hanh Bac Commune, Duc Hoa District, Tay Ninh Province, Vietnam.

The industrial park’s geographical location presents several advantages. To the north lies Muoi Day Industrial Park, while agricultural land spreads to the south. On the eastern boundary, Duc Hoa III – Long Viet Industrial Park shares borders with Duc Hoa III – Muoi Day Industrial Park. To the west, it is adjacent to Duc Hoa III – Amic Industrial Park and more agricultural land.

In terms of transportation connectivity, Duc Hoa III – Long Viet Industrial Park enjoys proximity to key roadways and transportation hubs. It is located approximately 10 kilometers away from National Highway 22, facilitating easy access to major transportation routes.

For rail transportation, Sai Gon Station is only 33 kilometers away, providing an efficient link for the movement of goods and materials.

Regarding waterway access, Cat Lai International Port is approximately 50 kilometers away, offering a convenient gateway for international trade and shipping.

Moreover, Tay Ninh International Port, situated around 73 kilometers from the industrial park, provides another important option for waterborne transportation.

Tan Son Nhat International Airport is merely 32 kilometers away, which ensures efficient connections for businesses with global operations. This proximity is advantageous for air travel.

With its strategic location and close proximity to key transportation nodes, Duc Hoa III – Long Viet Industrial Park is well-positioned to attract businesses seeking convenient logistical solutions and seamless access to domestic and international markets.

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

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

Nestled at the core of Tay Ninh province is Duc Hoa III – Long Viet Industrial Park, strategically accessible via Tinh lo 8, a 12m-wide road soon to be expanded to 40m. Inside, N4 (36m wide) and D1 (32m wide) lanes connect factories efficiently.

Reliable power from Tay Ninh Power Company’s 22kV line fuels the park, with plans to enhance capacity through a 110kV connection and access to 40+63MVA power from the local grid.

Ample water supply from Phu My Vinh Water Plant (15,000 m³/day) and Kênh Đông Water Plant (30,000 m³/day) at 8,600VND/m³, with 2.5-3kg/cm² pressure, sustains businesses.

Duc Hoa III – Long Viet Industrial Park prioritizes eco-consciousness, treating wastewater to meet Vietnamese B-grade standards before discharging it safely. The treatment fee for wastewater at Duc Hoa III – Long Viet Industrial Park is set at 6,000VND per cubic meter (m³).

The park adheres to QCVN 24:2009 BTNMT standards to preserve ecological integrity, ensuring treated wastewater meets the highest environmental criteria.

Telecommunication services, linked to Viễn thông Tay Ninh’s network, offer 2,400 telephone lines and high-speed transmission, catering to investors’ communication needs for smooth operations.

IV. Investment-Attractive Industries:

The industries in Duc Hoa III – Long Viet Industrial Park encompass a diverse range of sectors, including:

1. Agricultural processing

2. Wood processing, glass, and ceramic production

3. Food and beverage processing

4. Paper and stationery, consumer goods manufacturing

5. Textile dyeing and garment production

6. Building materials production

7. Mechanical engineering, metallurgy, and machine building (excluding casting, smelting, plating).

These industries form a dynamic and comprehensive industrial landscape, catering to various needs and contributing to the region’s economic growth.

V. Investment Costs:

At Duc Hoa III – Long Viet Industrial Park, the utility prices and fees are as follows:

1. Water price: $0,4/m²

2. Wastewater fee: $0,3/m²

3. Electricity price: $0,05/KWh

For the workforce:

1. Basic worker wage: $200/month

Regarding leasing:

1. Rental rate: $165 USD/m² (Lease term until May 15, 2058)

2. Infrastructure fee: $0,5 USD/m²/year (charged from the factory’s operation)

These competitive rates and fees make Duc Hoa III – Long Viet Industrial Park an attractive destination for businesses looking to establish their operations efficiently and cost-effectively.

VI. Investment incentives:

Duc Hoa III – Long Viet Industrial Park offers a favorable corporate income tax environment for businesses:

1. Corporate income tax rate: 25%, which is lower than the rate for businesses outside industrial parks.

2. Certain newly established enterprises can enjoy attractive tax incentives:

– 100% tax exemption for 4 years

– 50% tax reduction for the subsequent 9 years

3. Following the tax incentive period, eligible sectors, including software production, high-tech, scientific research, water plants, and infrastructure projects, benefit from a reduced 10% tax rate for 15 years.

4. Additionally, eligible companies can enjoy the following benefits:

– Exemption from import tax on machinery and materials

– Tax-free export on exported products

For new companies, specific tax incentives are also available:

– 100% tax exemption for the first 2 years

– 50% tax reduction for the following 4 years

These tax incentives and exemptions create a conducive business environment, encouraging investment and growth in Duc Hoa III – Long Viet Industrial Park, making it an attractive destination for both established enterprises and new startups.

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