Dong Xoai 3 Industrial Park - Binnh Phuoc Province

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Information
Operating time: 2009 - 2059
Total Area: 120,3 ha
Infrastructure investors: BP- ESTATE CO
Price: 75 USD/m²
Building density: 60 %
Occupancy: 34 %
Address: Tien Hung commune, Dong Xoai City, Binh Phuoc province, Vietnam

Dong Xoai III Industrial Park (Dong Xoai 3 IP) stands out as one of the most promising projects in Binh Phuoc province, boasting significant development potential. With a business-friendly environment and strategic investments in infrastructure, this industrial park has successfully captured the attention of numerous domestic and international businesses.

For more in-depth information about this industrial park, kindly follow TTTFIC through the article below!

I. Overview of Dong Xoai Industrial Park III

1. Information about Industrial Parks

Dong Xoai 3 IP is situated in Binh Phuoc province and is part of the province’s industrial park projects. This industrial park spans a total planning area of 120,3 hectares, as approved by the Binh Phuoc Provincial People’s Committee through Decision No. 82/QD-People’s Committee on the planning of Dong Xoai 3 IP in Binh Phuoc province on January 14, 2009.

Binh Phuoc Housing Investment and Trading Joint Stock Company manages the project, handling infrastructure investment and holding the necessary investment and construction licenses.

2. Varied Scale – Comprehensive Infrastructure

  • Total planning area: 84,7 hectares
  • Administrative, service, and management land: 2,5 hectares
  • Industrial land for rent: 44,5 hectares
  • Green space: 8,9 hectares
  • Technical infrastructure land: 1 hectare
  • Traffic land: 22,9 hectares
  • Social housing land: 4,9 hectares

3. Information about Investors

Dong Xoai 3 IP is backed by Binh Phuoc Housing Investment and Trading Joint Stock Company, a subsidiary of Binh Phuoc Real Estate Investment Joint Stock Company. The company, headquartered in the Bau Ke neighborhood, Tan Phu town, Dong Phu district, Binh Phuoc province, holds business registration certificate number 3800369828. Its operations span various sectors, including import-export trade, real estate and rental business, infrastructure investment, and industrial processing plants. The company is involved in manufacturing and exporting construction materials, processing wood, stone, sand, and gravel, and exploiting clay.

4. Development Potential

Strategically positioned, Dong Xoai 3 IP leverages the area’s primary transportation network and benefits from a favorable land fund for construction within the investor’s jurisdiction. The location’s proximity to major urban centers and its ongoing urbanization contribute to its development potential. Access to labor supplies, raw materials, and consumer markets further establishes a foundation for sustainable growth.

5. General Assessment

With its strategic location, diverse scale, and support from reputable investors, Dong Xoai 3 IP is poised to become a significant hub in promoting regional economic development, establishing business infrastructure, and fostering urbanization in neighboring provinces and regions.

Dong Xoai 3 Industrial Park - Binh Phuoc Province - TTTFICGROUP
Diagram of Dong Xoai III Industrial Park – Binh Phuoc Province

II. Location of Dong Xoai III Industrial Park

Dong Xoai 3 IP is situated in Tien Hung commune, Dong Xoai City, Binh Phuoc province. This location boasts a highly advantageous geographical position, being less than 4 km south of Dong Xoai town center and in proximity to other industrial parks like Dong Xoai I Industrial Park and Dong Xoai II Industrial Park. It is strategically positioned within the industrial corridor of Binh Phuoc province.

Additionally, Dong Xoai III takes advantage of its proximity to ports and national transportation networks for convenient movement and transportation of goods.

1. Boundary System

The boundary system at Dong Xoai 3 IP offers attractive advantages:

  • The East borders cashew and rubber gardens, approximately 500 m from Provincial Road 741.
  • The West borders the cashew garden and is about 500 m from Da Stream.
  • The South borders the dirt road leading to Provincial Road 741 and borders the industrial park according to the province’s industrial park system planning.
  • The North borders the trail leading to Highway 14, about 400 m from Ho Chi Minh Road as planned (the road avoids Dong Xoai town).

With a well-connected transportation network, the industrial park creates highly favorable opportunities for business development. Its proximity to Ho Chi Minh Road, National Highway 14, Provincial Road DT741, and other crucial transportation routes in the region enhances its strategic positioning.

2. Regional Connectivity

Situated 97 km from the center of Ho Chi Minh City, 5 km from the center of Dong Xoai town, and 74 km from the center of Thu Dau Mot city (Binh Duong province), the industrial park serves as an economic integration center.

Integration with key ports is also a notable advantage. Being 98 km from Tan Son Nhat International Airport, 110 km from Tan Cang – Cat Lai Port, 142 km from Tan Cang – Cai Mep Port, and 93 km from Dong Nai Port, the transportation of goods to and from the industrial park becomes more convenient and efficient.

With its prime strategic location, flat terrain, and the intersection of important traffic routes, Dong Xoai 3 IP is poised to become a favorable investment and development destination for businesses. Simultaneously, it contributes to the economic growth of the area, generating more job opportunities for local residents.

III. Infrastructure of Dong Xoai III Industrial Park

In addition to its strategic geographical location that draws significant attention from businesses and investors, Dong Xoai 3 IP boasts a fully invested and modern infrastructure, facilitating favorable conditions for production and business activities. Here are the specifics:

1. Transportation System

a. External Traffic:

  • Provincial Road 741 is approximately 500 m east of the industrial park.
  • Ho Chi Minh Road (the section avoiding Dong Xoai town) is about 400 m north of the industrial park boundary.
  • The East-West Avenue entrance into the industrial park is from Provincial Road 741, adjacent to the southern border, featuring a road width of 36 m.

b. Internal Transportation System:

  • Main Roads:
    • Road No. 3A: The main road along the North-South axis with a width limit of 35 m.
    • Road No. 3B: Connecting at the intersection of Road No. 3A and Road No. 8, heading North to Ho Chi Minh Road, with a road width limit of 31m.
    • Road No. 1A: Running parallel to Road No. 3 to the East, from the road leading to the industrial park to Road No. 8, with a road width of 28m.
  • Internal Roads:
    • Roads 1B, 4, 5A, 6, and 8: Road width of 24 m.
    • Streets 2, 5B, and 7: Road width of 18,5 m.

Additionally, there is a plan to allocate a parking lot with an area of ​​1,76 hectares to support vehicle services and repairs.

2. Electric Supplying System

The power supply system at Dong Xoai 3 IP is sourced from the national grid through the 110KV high-voltage power line and 110/22kV transformer station. It is connected to the 110KV An – Dong Xoai line, ensuring a stable and continuous power supply during factory production operations.

3. Clean Water Supply System

The industrial park utilizes water from the general water supply system of Dong Xoai town, transported through a water supply pipeline along Provincial Road 741.

4. Waste Water Treatment System

An underground wastewater drainage system (F300mm to F800mm) collects wastewater from factories, transporting it to a treatment station with a 4.000 m3/day capacity. After treatment, the wastewater meets Class A standards and flows into the B2000 canal, ultimately reaching Suoi Da, the source of the Cai Be stream, and then Song Be.

5. Communication Systems

The industrial park’s communication system seamlessly connects to Dong Xoai City’s switchboard, meeting the communication needs of factories within the park.

V. Industries Attracting Investment in Dong Xoai III Industrial Park

Designed as a comprehensive industrial park, Dong Xoai 3 IP accommodates a diverse range of industries encompassing various occupational sectors. The key fields and industries within the industrial park include:

  • Light industry
  • Food and beverage industry
  • Cosmetic, perfume, and pharmaceutical industries
  • Mechanical industry and production
  • High-quality construction materials and interior and exterior decoration industry
Dong Xoai 3 Industrial Park - Binh Phuoc Province - tttfic.com
Dong Xoai Industrial Park is multi-industry, with many different types of industries

VI. Investment Incentives of Dong Xoai III Industrial Park

Besides inherent advantages and development potential, Dong Xoai 3 IP stands out for enticing investment incentives and attracting diverse investments from businesses.

Specifically, businesses and investors venturing into Dong Xoai 3 IP can avail themselves of preferential regimes that include:

  • Tax exemption for the initial 2 years, followed by a 50% reduction in tax payable for the subsequent 4 years. The tax exemption and reduction period is continuously calculated from the first year of taxable income derived from a new investment project eligible for tax incentives.
  • A fixed tax rate of 17% for an extended period of 15 years. The preferential tax rate is applied continuously from the first year the enterprise generates revenue from a new investment project.

These incentives align with the policy framework in Binh Phuoc province’s Resolution No. 31/2017/NQ-HDND, dated July 19, 2017. Furthermore, the extent of corporate income tax incentives may vary depending on the specific industry in which the investor operates.

VII. Investment Costs in Dong Xoai III Industrial Park

The investment costs associated with Dong Xoai 3 IP consistently emerge as a critical consideration for businesses and investors contemplating investment. For more comprehensive details, interested parties can consult the provided price list.

Land rents One-time payment: 75 USD/m2 (50-year lease period)
Infrastructure management and maintenance costs
  • 0,04 USD/m2/month
  • Will be adjusted every 3 years with an increase of 10%.
Electricity usage costs
  • Pay monthly directly to Binh Phuoc Provincial Electricity Company at the State price at the time of use.
  • Reference price: 0,05 USD/kWh
Cost of using clean water
  • Pay monthly directly to Binh Phuoc Provincial Water Supply Company at the State price at the time of use.
  • Reference price: 0,4 USD/m3
Wastewater treatment costs
  • This will be announced when the wastewater treatment plant comes into operation.
  • Reference price: 0,28 USD/m3
Labor recruitment costs The average ranges from 200 – 500 USD/person/month
Cost of using the telecommunications network Make monthly payments directly to information and communication service providers.

Note: The above fees do not include VAT.

Above is a table of investment costs at Dong Xoai 3 IP. With the provided reference price, businesses or investors can contact Dong Xoai 3 IP Project Management Board to survey manufacturing conditions directly.

VIII. Labor Resources and Labor Costs

The remarkable advantages of Dong Xoai 3 IP attract labor sources from various regions, supporting businesses and investors. The local human resource pool facilitates the recruitment of a high-quality workforce, meeting production needs within the industrial park.

The provided information shows that Dong Xoai 3 IP maximizes its advantages and optimal conditions to meet diverse business and investor requirements. Simultaneously, it generates numerous job opportunities for residents in the immediate area and the surrounding regions.

The above provides detailed information about Dong Xoai 3 IP in Binh Phuoc province, shared by TTTFIC with customers. It is hoped that this article helps customers and investors make well-informed decisions about Dong Xoai 3 IP.

The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available

TTTFIC Group: Guide to Industrial Real Estate in Vietnam


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