Duc Hoa 3 - Long Duc Industrial Park - Long An

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Information
Operating time: 2010 - 2060
Total Area: 164,74 ha
Infrastructure investors: Him Lam Corporation
Price: 165 USD/m2
Building density: 70%
Occupancy: Updating
Address: My Hanh Bac commune, Duc Hoa district, Long An province

Duc Hoa III – Long Duc Industrial Park (Long Duc Industrial Park) is the fastest-growing industrial center in Long An province, particularly in Southern Vietnam. The industrial park is assumed by Him Lam Group as the investor, accompanying and sustainably developing the area. At the same time, with a strategic location, modern infrastructure, and a supportive business environment, the industrial park has successfully attracted investments from multinational companies. For more information about this industrial park, please join us to learn through the article below!

I. Overview of Duc Hoa III – Long Duc Industrial Park

Duc Hoa III – Long Duc Industrial Park  commenced operations in 2010 and has swiftly become the fastest-growing industrial center in southern Vietnam. Positioned strategically, the industrial park enjoys convenient access to major transportation networks such as Tan Son Nhat International Airport and Ho Chi Minh City.

The industrial park takes pride in its modern infrastructure meticulously planned with methodical steps. Additionally, logistics facilities and other utilities receive rigorous and reliable attention.

Duc Hoa III – Long Duc Industrial Park has cultivated a vibrant and bustling environment with a forward-looking perspective, catering to the growth of successful businesses in Vietnam’s industry. Consequently, it has emerged as the ideal choice for startups and multinational corporations.

Scale of industrial park

Duc Hoa III – Long Duc Industrial Park spans a total enterprise area of ​​164,74 hectares with a construction density of 70%. The operating period extends from 2010 to 2060.

II. Geographical location of Duc Hoa III – Long Duc industrial park

Duc Hoa III – Long Duc Industrial Park is situated in Duc Lap Ha commune, Duc Hoa district, Long An province, Vietnam. The industrial park strategically aligns along Provincial Road 832, boasting extremely convenient road connectivity, including inter-provincial roads up to 36m wide.

Simultaneously, there is Road 36, also known as the industrial park road, linking Provincial Road 832 and National Highway 9. This route traverses Duc Hoa I, II, III industrial parks, National Highway 1A, National Highway 22 (intersection with the Asian Highway). With this special geographical location, the industrial park intersects with major roads and crucial traffic routes, significantly contributing to the overall development of the industrial park in Long An province, especially Duc Hoa III – Long Duc.

Connection advantage of industrial park

Nestled in a prime geographical location, the industrial park is 32 km from the center of Ho Chi Minh City, offering an ideal distance to connect to neighboring key areas, including:

  • From Tan Son Nhat airport: 29 km
  • Distance to city center. HCM: 30 km
  • From Cu Chi Town: 8 km
  • From Duc Hoa Town: 14 km
  • From Hau Nghia Town: 9 km

Additionally, Duc Hoa III – Long Duc industrial park adjoins the following areas:

  • The North borders the residential area.
  • The South borders agricultural land in My Hanh Bac commune.
  • The East borders agricultural land in My Hanh Bac commune.
  • The West borders Duc Hoa III – Lien Thanh industrial park.

With its outstanding geographical location and intersection with key roads, Duc Hoa III – Long Duc industrial park is laying a robust foundation for its vigorous development in the market alongside other large industrial parks in Long Duc, such as Thinh Phat Industrial Park, Xuyen A Industrial Park, etc.

The investor of Duc Hoa III – Long Duc Industrial Park has skillfully applied and harmonized with the inherent strengths of the industrial park, promoting and creating new strengths. Therefore, Duc Hoa III – Long Duc Industrial Park is undoubtedly the most ideal destination, attracting numerous domestic and foreign investors to participate in various new projects.

Duc Hoa 3 - Long Duc Industrial Park - Long An - TTTFIC Group

Duc Hoa III – Long Duc Industrial Park will be the most ideal destination for many domestic and foreign investors

III. Infrastructure of Duc Hoa III – Long Duc Industrial Park

Alongside strengths like a favorable geographical location and a well-connected transportation network linking major roads to key areas, the business environment associated with large industrial parks has significantly fueled the continuous growth of Duc Hoa III – Long Duc Industrial Park.

The commitment to infrastructure development is evident in Duc Hoa III – Long Duc Industrial Park, as it consistently consolidates, upgrades, and develops its infrastructure. Recognizing that infrastructure is a prerequisite for creating an effective working environment and facilitating productive production activities, the industrial park focuses on the following aspects:

Power System:

  • The power source for Duc Hoa III – Long Duc Industrial Park comes from a 110KVA transformer station located near Provincial Road 832B, adhering to a point standard of 250 kW/ha and operating 4.000 hours/year.
  • The industrial park requires a total electricity capacity of 34.947,41 kW, consuming 1.394,18 million kWh/year, with allowances for 10% losses and 5% reserves.
  • Compliance with prescribed height requirements is maintained through the 22kV line connecting to the existing 22kV line along Provincial Road 823B, using aluminum cable and steel core.
  • The 0,4kV power supply line serves underground street lighting with high-pressure 220V-250W sodium lamps, operated by photocells or time switches.

Internal Traffic:

  • Internal roads within Duc Hoa III – Long Duc industrial park have a minimum width of 25m, with main traffic roads extending to 30m in width and adorned with trees along the sidewalks.
  • On-site dry ports cover a total area of 46 hectares, providing favorable conditions for ships to anchor and facilitating flexible and efficient transportation of goods domestically and internationally.

Water System:

  • The industrial park receives its water supply from Phu My Vinh Company and Kenh Dong Water Plant, amounting to 40 m3/ha.day, with a total water demand of 7.519 m3/day.
  • Water is distributed through the main pipe Ø 200 from the water supply station and branched to different areas and facilities via Ø 100 pipes.
  • Fire hydrants (Ø 100) are strategically placed along industrial park roads at intervals of 150m, totaling 36 fire hydrants.

Wastewater Treatment System:

  • At Duc Hoa III – Long Duc Industrial Park, the wastewater treatment system and rainwater drainage system operate independently.
  • Wastewater is treated to meet 80% of industrial park water supply standards, with a total flow of 6.015 m3/day and night.
  • The centralized wastewater treatment station, with a capacity of 6.015 m3/day and night, ensures a full and optimal service supply for the entire park.
  • Underground sewers Ø300 and Ø400 along the sidewalk collect wastewater and channel it to the centralized wastewater treatment area.

Communication – Telecommunications Services:

  • At Duc Hoa III – Long Duc Industrial Park, investors benefit from modern telecommunication services, which include Lisealine, ADSL, and fiber optic technology.
  • The telephone system in this area utilizes the Long An province area code. The Industrial Park provides a comprehensive range of copper and fiber optic cable transmission solutions. These solutions are designed to facilitate smooth communication both domestically and internationally.
  • For factory and warehouse areas, the requirement is to design 12 telephone lines/hectare, ensuring optimal and seamless communication.

IV. Industries Attracting Investment in Duc Hoa III – Long Duc Industrial Park

Duc Hoa III – Long Duc Industrial Park is strategically located along Provincial Road 832 and National Highway 9. It is adjacent to large industrial park clusters to the South. The park offers a diverse and comfortable working environment with rich natural resources, attracting numerous large domestic and foreign investors. The industries focused on development and workforce attraction include:

  • Electronic and telecommunications projects
  • Chemical, pharmaceutical, cosmetic, and plastic manufacturing
  • Construction materials manufacturing
  • Wood processing, glass, and ceramic production
  • Mechanical and metallurgical projects
  • Stationery manufacturing
  • Consumer goods production for domestic and export markets
  • Agricultural product processing
  • Food and beverage processing
  • Textile industry (except dyeing)
  • Medical equipment and machinery production, warehouses, and product display facilities
  • Livestock, seafood, and poultry processing

V. Investment Incentives in Duc Hoa III – Long Duc Industrial Park

Duc Hoa III – Long Duc Industrial Park boasts an abundance of skilled labor resources and actively seeks highly skilled personnel. The park’s management and technical team, originating from Ho Chi Minh City and trained in top vocational schools, enhances its operational prowess.

Attractive incentives further contribute to Duc Hoa III – Long Duc’s appeal, including:

Corporate Income Tax

  • Investors enjoy preferential corporate income tax rates of 20% for 10 consecutive years with a progressive structure:
    • 17% for the first 10 years, tax-free for 2 years
    • 50% reduction for the next 4 years
    • 17% for the remaining 6 years (from the year the enterprise has taxable revenue)

Import Tax

  • Enterprises are exempt from import tax on imported goods as per Decree 87/2010/ND-CP.

VAT

  • Businesses benefit from a 17% reduced interest rate applied within 10 years.

Other Offers

  • Projects in the special investment field, as specified in Decree 118/2015/ND-CP dated December 11, 2015, enjoy tax exemption for the first 4 years and a 50% export tax reduction for the subsequent 9 years.
Duc-Hoa-3-Long-Duc-Industrial-Park-Long-An-Province-TTTFICGROUP

Land Map Duc Hoa 3 – Long Duc Industrial Park – Long An

VI. Investment costs at Duc Hoa III – Long Duc industrial park

Below, TTTFIC would like to provide you with the investment costs of Duc Hoa III – Long Duc Industrial Park in Long An province:

Electricity priceElectricity prices at the Industrial Park are calculated on a normal hourly basis of 0,05 USD/KWh/month
Water priceMaintained at a price of 0,4 USD/m3/month.
Infrastructure management and maintenance fees0,5 USD/m2/year. Payment upon request at the end of the month
Land rentsFrom 165 USD/m2. Lease term until 2060, annual payment.
Cost of wastewater treatment0,8 USD/m3/month. Payment upon request at the end of the month

VII. Labor Resources and Labor Costs

Duc Hoa III – Long Duc Industrial Park boasts numerous strengths. These include a large scale and a strategic location along Provincial Road 823, adjacent to many suburban districts of Ho Chi Minh City. This advantageous positioning facilitates the easier, more convenient, and faster transportation of goods between neighboring areas or outside the province.

Furthermore, the industrial park is equipped with a modern infrastructure system, providing a vibrant, safe, and friendly working environment. This combination of factors has successfully attracted substantial investments. Additionally, a workforce comprising thousands of individuals from provinces and regions across the country has chosen to live and work within the industrial park.

Thanks to these favorable conditions, the industrial park is well-positioned to meet the demands of robust production and business activities, establishing a strong reputation in its respective markets.

VIII. Economic Value at Duc Hoa III – Long Duc Industrial Park

Since 2009, the investor of Duc Hoa III – Long Duc Industrial Park has collaborated with economic zone departments to implement compensation, clearance, and site preparation activities. As of now, the project is still in the process of land clearance and is actively seeking secondary investors.

As of 2020, Duc Hoa III – Long Duc Industrial Park has received planning approval for an area exceeding 175 hectares. This approved area includes:

  • 165 hectares of industrial land,
  • More than 10 hectares of industrial reserve land.

In the land use structure, the Industrial Park will allocate the majority of the current project area as agricultural land (154 hectares). This agricultural land will be subdivided into:

  • Over 111 hectares for constructing factories and warehouses,
  • 23 hectares for transportation,
  • 26 hectares for green spaces and water surfaces,
  • 4 hectares for administrative and service purposes.

Starting from January 2023, the project will commence implementation, initiating ground leveling. Simultaneously, it will involve constructing technical infrastructure components such as transportation, electricity, water supply, and drainage. As per the expected timeline, Duc Hoa III – Long Duc Industrial Park plans to invite secondary investors and officially commence operations in January 2023, with a total project investment of 397 billion VND.

Through the insights shared by TTTFIC, it is hoped that you will gain a better understanding of Duc Hoa III – Long Duc Industrial Park. With its development potential, prime location, and clear policies, the industrial park aims to establish the most developed business environment in the country.

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
  • With over 20 years of experience in Design & Build for FDI projects of all scales. If you are looking for industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands of buyers, sellers (M&A), and industrial real estate tenants (especially projects from Japan, US, Europe, Taiwan, China, Korea, Singapore, India…).
  •  For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
  •  Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
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