Duc Hoa 3 – Muoi Day Industrial Park, situated in Vietnam, spans 114,35 hectares. It is legally completed with a valid license until 2060, attracting businesses to establish themselves there. The industrial zone investor is Him Lam Corporation.
Having undergone full land clearance, the park is ready for infrastructure development, ensuring smooth construction for swift operations.
The park’s development plan emphasizes balance, allowing a 70% building density for factories and warehouses, while maintaining green spaces at 20% and 60% density for multi-level factories.
Environmental sustainability is a priority, promoting a healthier and eco-friendly working environment for employees.
Strategically located and legally compliant, the park allures both domestic and international investors for long-term growth.
In conclusion, Duc Hoa III – Muoi Day Industrial Park’s vast land, legal status, and eco-friendly commitment offer a promising investment opportunity in Vietnam’s dynamic market.
An overview perspective of Duc Hoa 3 – Muoi Day Industrial Park – Long An – TTTFIC Group
II. Geographical location:
Duc Hoa 3 – Muoi Day Industrial Park, situated in My Hanh Bac Commune, Duc Hoa District, Long An Province, enjoys a strategic location beside Provincial Road 823. The project benefits from well-connected roads like Thay Cai canal road and the 36m-wide inter-industrial park road (referred to as road 36). These routes link Provincial Road 823 and National Highway 9, passing through Duc Hoa Industrial Parks I, II, III, National Highway 1A, and National Highway 22 (cutting Asia). These arterial roads significantly impact the area’s overall development, especially the industrial zone.
The project is conveniently located 35 km from the heart of Ho Chi Minh City, with ideal distances to key destinations in the vicinity:
– Tan Son Nhat Airport: 30 km
– Railway station: 33 km
– Cu Chi town: 9 km
– Duc Hoa town: 15 km
– Hau Nghia town: 10 km
Defining the Boundaries of the Project:
Within this ambitious venture, the project’s boundaries extend as follows:
– North: Adjacent to a residential area.
– South: Adjacent to agricultural land in Bac My Hanh commune and Duc Hoa 3 – Long Viet industrial park.
– East: Adjacent to Duc Hoa 3 Industrial Park – Lien Thanh.
– West: Adjacent to Duc Hoa 3 Industrial Park – Amic and Duc Hoa 3 Industrial Park – Long Viet.
The project’s location and well-planned road connections contribute significantly to the region’s overall growth, particularly the industrial sector. The ideal distances to various important destinations make it an attractive investment opportunity.
Master plan map of Duc Hoa 3 – Muoi Day Industrial Park – Long An – TTTFIC Group
III. Infrastructure planning of Duc Hoa 3 – Muoi Day Industrial Park:
Duc Hoa 3 – Muoi Day Industrial Park, strategically located in Long An province, sits amidst well-maintained infrastructure like Tinh lo 8, a 12m-wide road slated for expansion to 40m. Its internal roads, N4 (36m wide) and D1 (32m wide), boast four lanes each, ensuring seamless connections to various factories.
This industrial hub is powered by Long An Power Company’s reliable 22kV medium-voltage line, with plans to enhance capacity through a 110kV connection and access to 40+63MVA power from the local grid.
Water supply is steady, sourced from Phu My Vinh Water Plant (15.000 m³/day) and Kênh Đông Water Plant (30.000 m³/day), priced reasonably at 8.600VND/m³. The water pressure, standing at 2.5-3kg/cm² with no consumption restrictions, ensures ample resources for businesses.
Environmental responsibility is a priority at Duc Hoa III – Minh Ngan Industrial Park, treating wastewater to meet Vietnamese B-grade standards. Industrial facility wastewater undergoes further processing to achieve A-grade quality before safe discharge, with a sustainable treatment fee set at 6.000VND/m³.
Committed to ecological integrity, the park adheres to QCVN 24:2009 BTNMT standards, ensuring treated wastewater meets the highest environmental criteria before release.
Telecommunication services within the park are comprehensive, seamlessly linked to Long An telecommunication’s network. Offering 2,400+ telephone lines and high-speed transmission services, investors enjoy smooth operations in the industrial complex.
IV. Investment-Attractive Industries:
Diverse Production Types Thrive within This Park:
1. Agricultural processing, nurturing the region’s bountiful harvests.
3. Food and beverage processing, delighting taste buds with flavorful creations.
4. Paper and stationery manufacturing, catering to consumer needs.
5. Textile dyeing and garment industry, fashioning stylish clothing and fabrics.
6. Building materials production, shaping the foundation of modern construction.
7. Mechanical engineering, metallurgy, and machine building, driving innovation in technology (excluding casting, smelting, plating).
V. Investment Costs:
Revised Payment Terms for Utilizing the Facilities:
Water Rate: $0,4/m²
Wastewater Charge: $0,3/m²
Electricity Price: $0,1/KWh
Standard Worker Wage: $200/month
Rental Rate: $165 USD/m² (Projected for 2055)
Infrastructure Fee: $0,5 USD/m²/year (Applicable during factory’s operation)
Option for 1-Year Tenure:
– 10% due upon reserving the land under the agreement.
– Additional 10% upon receiving the land allocation certificate.
– Subsequent 20% payment upon signing the lease contract.
– 20% payment after a period of 3 months.
– Followed by 20% payment after 6 months.
– Final installment of 20% due after 12 months.
Option for 3-Year Deferred Plan:
– 10% initial payment upon reserving the land under the agreement.
– Another 10% upon receiving the land allocation certificate.
– Further 20% payment upon signing the lease contract.
– After 3 months, 10% payment is due.
– 10% payment after 6 months.
– An additional 10% payment after 12 months.
– 15% installment due after 2 years.
– Final 15% installment due after 3 years.
(Note: All amounts are in USD)
In this revised version, the payment options are presented in a clear and concise manner. The water price, wastewater fee, electricity price, and basic worker wage remain unchanged. However, the rental rate and infrastructure fee are given with a projection for the year 2055.
The two payment plans are laid out with separate bullet points, making it easier to comprehend the terms and conditions for each option. This revised version aims to enhance readability and understanding for potential investors or parties interested in utilizing the industrial facilities.
VI. Investment incentives:
The Duc Hoa III – Muoi Day Industrial Park’s Proactive Workforce Recruitment:
Skilled personnel, including high-level management and technical staff, are actively recruited from Ho Chi Minh City.
Technical workers receive training at esteemed vocational schools like Viet-Nhat Intermediate School, Long An Technical Intermediate School, and Long An Vocational College.
Both local talents and neighboring regions contribute to sourcing the labor force.
Tax Incentives to Delight Investors:
Corporate income tax is set at 20%. Companies can enjoy a series of enticing rates for the first 10 years: 17% for the initial 2 years, followed by a complete exemption for 2 years. The subsequent 4 years benefit from a 50% reduction, and the remaining 6 years settle at a favorable 17% rate, all starting from the year of taxable revenue.
Exciting Import Tax Benefits:
Goods imported following Decree 87/2010/ND-CP dated 13/8/2010 are entirely exempt from import tax.
VAT Reduction to Boost Investment:
A reduced VAT rate of 17% is applicable for an impressive 10-year period.
Additional Incentives to Attract Investments:
Projects operating in special investment sectors, as specified in Decree 118/2015/ND-CP dated 12/11/2015, are granted a remarkable 4-year tax exemption and a substantial 50% reduction in export tax for the subsequent 9 years.
In this revised version, the information is presented in a concise and straightforward manner. The language used aims to make the tax incentives and recruitment efforts more appealing and reader-friendly to potential investors. The use of phrases like “proactive workforce recruitment,” “enticing rates,” and “exciting import tax benefits” adds a touch of positivity and enthusiasm to the content.
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
