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 – Long An – TTTFIC Group
II. Geographical location:
Duc Hoa III – Long Viet Industrial Park is strategically situated in My Hanh Bac Commune, Duc Hoa District,
Long An 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, Long An 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 – Long An – TTTFIC Group
III. Infrastructure planning of Duc Hoa 3 – Long Viet Industrial Park:
Nestled at the core of Long An 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 Long An 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 Long An’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.
Contact method with TTTFIC Group
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
- Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
- 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.
- You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
- Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
- Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
- Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
- Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
- Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
- Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
- With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
- Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.
Industrial real estate in industrial zones, Vietnam
TTTFIC Group
Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.
https://tttfic.com
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