Duc Hoa 3 - Lien Thanh Industrial Park - Tay Ninh

I. OVERVIEW OF DUC HOA 3 – LIEN THANH INDUSTRIAL PARK:

Duc Hoa 3 – Lien Thanh Industrial Park is a large, renowned area known for its strategic location and comprehensive facilities. Spanning 92.56 hectares, it serves various industries seeking a stable foothold. Him Lam Corporation is an industrial park investor. With complete legal compliance, it ensures a secure and reliable foundation for investors to establish their operations.

Notably, Duc Hoa 3 – Lien Thanh Industrial Park offers a land lease term extending until 2058, promoting stability and long-term planning for businesses. With 100% land clearance and readily available infrastructure, it facilitates unhindered construction.

To maintain balance, specific guidelines restrict building density to 70%, preventing overloading. The factory area with five stories has a density limit of 60%, encouraging the use of sustainable land practices. Particularly, emphasis is placed on green spaces, requiring each plot to have 20% greenery, providing aesthetic benefits and environmental conservation, aiming for an “Eco-friendly” environment.

With its strategic location, meticulous design, and legal compliance, Duc Hoa 3 – Lien Thanh Industrial Park attracts both domestic and international investors. It creates a favorable environment for sustainable business expansion, capitalizing on the booming development opportunities in the region.

II. GEOGRAPHICAL LOCATION:

• Strategically situated in My Hanh Bac commune, Duc Hoa district, Tay Ninh province, Vietnam, Duc Hoa 3 – Lien Thanh Industrial Park enjoys a strategic position.
• Geographically, the Industrial Park is adjacent to Mui Day Industrial Park in the north and Cali Long Duc Industrial Park in the south. It is one of the members in a cluster of Duc Hoa III Industrial Parks.
• In terms of transportation, the Industrial Park is in close proximity to major roads and crucial transportation hubs. It is approximately 10 kilometers from National Road 22, providing easy access to major transportation routes.
• Regarding rail transportation, Saigon Station is only 33 kilometers away, offering an efficient link for freight and material transport.
• For waterway access, Cat Lai International Port is about 50 kilometers away, providing a convenient trading gateway for international commerce and transportation.
• Furthermore, Tay Ninh International Port, located approximately 73 kilometers from the Industrial Park, offers another important option for waterway transport.
• Tan Son Nhat International Airport is a mere 32 kilometers away, ensuring effective connectivity for globally operating businesses. This proximity serves as a convenient point for air travel.
• With its strategic location near major transportation junctions, the Industrial Park enjoys a favorable position to attract businesses seeking convenient logistics solutions and easy access to both domestic and international markets.

III. INFRASTRUCTURE PLAN:

• Situated between Tay Ninh and Ho Chi Minh City, Duc Hoa 3 – Lien Thanh Industrial Park benefits from strategic access through Provincial Road 8, a 12-meter wide road that will soon be expanded to 40 meters. Inside the park, N4 (36-meter wide) and D1 (32-meter wide) roads efficiently connect the factories.
• Reliable electricity is supplied through the 22kV power lines of Tay Ninh Power Company, with plans to upgrade capacity through 110kV power lines and access 40+63MVA power from the local grid.
• Abundant water supply comes from Phu My Vinh Water Plant (15.000 m³/day) and Kenh Dong Water Plant (30.000 m³/day) with a pressure of 2,5-3kg/cm² to sustain business operations.
• The Industrial Park prioritizes environmental protection, treating wastewater to meet Vietnam’s Class B standards before safe discharge. The wastewater treatment fee at Duc Hoa 3 – Lien Thanh Industrial Park is set at 6.000 VND per cubic meter (m³).
• The park adheres to QCVN 24:2009 BTNMT standards to preserve ecological balance, ensuring wastewater treatment meets the highest environmental criteria.
• Telecommunication services, linked to the Tay Ninh Telecommunications network, provide 2.400 telephone lines and high-speed communication to fulfill investors’ communication needs for seamless operations.

IV. ATTRACTIVE INVESTMENT INDUSTRIES:

Diverse industries in the Industrial Park include:

• Agricultural product processing
• Wood processing, glass and ceramics manufacturing
• Food and beverage processing
• Paper and stationery, consumer goods manufacturing
• Dyeing and garment manufacturing
• Construction materials manufacturing
• Mechanical, metallurgical, and machinery (excluding smelting, casting, and plating)

These industries create a diverse and comprehensive industrial landscape, serving various needs and contributing to the economic development of the region.

V. INVESTMENT COSTS:

At the Industrial Park, the prices and service fees are as follows:

• Water price: 0,4 USD/m²
• Wastewater treatment fee: 0,3 USD/m²
• Electricity price: 0,05 USD/KWh

1. Labor force costs:

• Basic salary of workers: 200 USD/month

2. Land rental:

• Land rental rate: 165 USD/m² (Lease term until May 15, 2058)
• Infrastructure fee: 0,5 USD/m²/year (calculated from factory operation)

These competitive rates and fees make the Industrial Park an attractive destination for businesses aiming for cost-effective and efficient operations.

VI. INVESTMENT INCENTIVES:

The Industrial Park provides favorable corporate income tax environments for businesses:

• Corporate income tax rate: 25%, lower than the rate for businesses outside industrial parks.
• Newly established businesses specifically can enjoy attractive tax incentives:
• 100% tax exemption for the first 4 years • 50% tax reduction for the following 9 years
• After the tax incentive period, qualified industries, including software production, high technology, scientific research, water plants, and infrastructure projects, are entitled to a 10% preferential tax rate for 15 years.
• Additionally, eligible companies also benefit from:
• Import tax exemption for machinery and materials • Tax-free export of goods
• For newly established companies, there are specific tax incentives:
• 100% tax exemption for the first 2 years • 50% tax reduction for the next 4 years

These tax incentives and exemptions create a favorable business environment, encouraging investment and development in this Industrial Park, making it an attractive destination for both established businesses and new startups.