Duc Hoa III – Thai Hoa Industrial Park (Thai Hoa Industrial Park), also known as Thai Hoa Industrial Park, is considered one of the top investment attraction areas in the southern provinces. With strong links in the industrial production chain, this location has created a solid foundation following the trend of cooperation and mutual development. To learn more information, please continue reading our article below!
I. Overview of the Duc Hoa III – Thai Hoa Industrial Park
Duc Hoa III – Thai Hoa Industrial Park is one of the large industrial centers situated in the Duc Hoa III Industrial Park complex in Long An province, officially commencing operations in 2004. The project was completed in 2005 and is set to operate for 50 years until September 6, 2054, with the aim of evolving into a modern industrial park for both domestic and international businesses.
Viet Son Infrastructure Development Joint Stock Company invests in the industrial park. It serves as a hub for various real estate projects, construction, and the sale of industrial park infrastructure projects. Viet Son was established to provide investors with a comprehensive infrastructure system encompassing utilities and services. Consequently, businesses can concentrate on expanding their core operations more efficiently compared to areas lacking similar amenities.
The scale of the Industrial Park
Duc Hoa III Industrial Park, Thai Hoa, in Long An Province, is planned over a total area of 100,27 hectares with an impressive occupancy rate of 90%. The industrial park is segmented into various functional areas, including:
Land for factory construction covering 71,2 hectares
Land for technical areas amounting to 1,1 hectares
Land designated for administrative and service works spanning 3,6 hectares
Traffic land encompassing 14.265 hectares
Green land occupying 10,17 hectares
Overview of the Thai Hoa Industrial Park
II. Geographical Location of Duc Hoa III – Thai Hoa Industrial Park
Duc Hoa III – Thai Hoa Industrial Park is situated in Tan Hoa hamlet, Duc Lap Ha commune, Duc Hoa district, Long An province. The industrial park is located adjacent to Ho Chi Minh City and is a part of the province’s key transportation network. Therefore, the area can easily connect to arterial roads such as National Highway 1A, and Provincial Roads 822, 823, and 824. In particular, the Industrial Park is positioned about 2,5 km from Provincial Road 823, facilitating the transportation of goods to Ho Chi Minh City faster and more conveniently.
Possessing the advantage of a strategic location, Duc Hoa III – Thai Hoa Industrial Park contributes to optimizing movement, exchange, and market access for businesses.
Connection Advantages of Thai Hoa Industrial Park:
Located about 500m from Bella Vista Tran Anh project
About 8,7 km from Phuc An City Urban Area project
Around 16 km from the West Lakes Golf & Villas project
Approximately 26 km from An Suong bus station
Roughly 35 km from Ho Chi Minh City center
About 32 km from Tan Son Nhat airport
Around 45 km from Saigon seaport
Approximately 48 km from Cat Lai port
III. Industrial Park Infrastructure
Currently, the infrastructure of Thai Hoa Industrial Park has been completed and offered for sale on the market, fully meeting the requirements and standards of a modern industrial center. Key features include:
Internal Transportation System:
Thay Cai route: runs along the canal across the beginning of the industrial park with a width of 20m and a length of 11km.
Duc Hoa 3 route: goes between Thai Hoa Industrial Park with a width of 36m and a length of 11 km.
Internal roads of the industrial park include 4 main roads (A, B, C, D) with a length of about 2.000 m running parallel to the artificial canal and 8 horizontal roads (named 1-8), each road 500 m long.
In general, the internal traffic system of Duc Hoa III – Thai Hoa Industrial Park has reached a level of completion to ensure it meets the needs of transporting large tonnage goods. In addition, the Industrial Park also implemented the construction of a green tree system on the roads to create cool spaces and reduce air pollution.
On the other hand, the waterway transportation system in Thai Hoa has not really developed. However, this still does not greatly affect the development of the industrial park.
Power Supply System:
The electrical system at Duc Hoa III – Thai Hoa Industrial Park is in charge of Long An Electricity Company and is supplied from 2 main stations:
Duc Hoa and Duc Hue stations with a capacity of 2×65 MVA.
Duc Hoa power station with a capacity of 65 MVA is located about 2km from the gate of Thai Hoa Industrial Park.
Water Supply System:
Thai Hoa Industrial Park is provided with a clean water system by Phu My Vinh Company with a capacity of up to 80.000 m3/day and night. We guarantee domestic water standards here according to National Technical Regulations on quality. Currently, the industrial park has installed a water supply system at many locations to meet the needs of businesses during use.
Wastewater Treatment System:
Duc Hoa III – Thai Hoa Industrial Park applies an activated sludge system – wastewater treatment using air and biological biomass such as bacteria and protozoa. The treatment system has a capacity of up to 4.500 m3/day and meets international standards for industrial waste.
Communication Systems:
Postal and telecommunications services at Thai Hoa Industrial Park include:
1.000 phone lines help businesses make calls anytime, anywhere.
High-speed fiber optic technology with a bandwidth capacity of 100 Mbps.
Thus, businesses investing in industrial parks can immediately deploy the construction of factories and business facilities without spending too much time preparing before starting operations. The fact that the infrastructure is well-planned and ensures full amenities helps investors save costs and time.
IV. Industries Attracting Investment in Duc Hoa III – Thai Hoa Industrial Park
Below are some industries that Duc Hoa III – Thai Hoa Industrial Park prioritizes for development. These industries attract investment and contribute to economic diversification and sustainable development.
Construction materials manufacturing industry (excluding cement and clay bricks)
Production of agricultural and industrial products
Pharmaceutical and cosmetics manufacturing industry
Manufacturing and assembly of electrical, electronic, telecommunications, and communication equipment
Manufacturing and processing of footwear, rubber tires, other rubber products, fashion, and garments
Production of tables, chairs, and office cabinets
Soft drink, bottled water, and canned food manufacturing industry
PP fiber manufacturing industry and other fiber products
Concrete production industry, concrete paving bricks, concrete piles, and tiles
Fertilizer, pesticide, and animal feed production industry
Paper packaging and fuel manufacturing industry
Glass and ceramic manufacturing industry
Steel manufacturing industry and steel products
Paper and silk processing industry, fishing net production
Industry manufacturing spare parts and components for motor vehicles
Mechanical manufacturing and assembly industry, machinery of all kinds
Many industries attract investment in Duc Hoa III – Thai Hoa Industrial Park
V. Investment Incentives in Thai Hoa Industrial Park
Below are preferential policies when investing in Thai Hoa Industrial Park:
Corporate Income Tax Incentives:
When investing in Duc Hoa III – Thai Hoa Industrial Park, established businesses will enjoy tax exemption for the first 2 years, 10% for the next 4 years, and 20% for the remaining 4 years.
Choose Form of Ownership:
Coming to the Industrial Park, private individuals will have the right to choose between land allocation and land lease, contributing to creating conditions for choosing the form of ownership. Thanks to that, the Industrial Park builds trust, helping investors feel secure in long-term cooperation. In addition, corporate income tax exemption helps reduce some costs in production facilities.
Support Investment Procedures:
The industrial park creates conditions to support and advise investors. This includes procedures for applying for Land Use Rights Certificates, Business Eligibility Certificates, and construction permit applications.
In Thai Hoa, the Industrial Park signs service provision contracts with banks in the area. This helps businesses investing feel more secure about procedures related to banking services. We will handle all procedures quickly to ensure the best interests of all parties.
VI. Investment costs
Below is a summary of investment costs for Duc Hoa III – Thai Hoa Industrial Park:
Electricity supply price
Peak hour: 0,1 USD/KWHNormal hours: 0,05 USD/KWH
Off-peak hours: 0,03 USD/KWH
Price of clean water
0,4 USD/m3
Infrastructure management fees and other services
0,4 USD/m2. Paid annually.
Land rents
One-time payment: 143 USD/m2 or annual payment.
Cost of wastewater treatment
0,28 USD/m3
Note: You need to pay the above fees each month, and they do not include VAT.
VII. Labor Resources and Labor Costs
The production connection of industrial parks in the Duc Hoa III cluster is notable, such as Duc Hoa III – Viet Hoa Industrial Park, and Duc Hoa III – Slico Industrial Park, combined with Thai Hoa Industrial Park to make the production process more convenient. From there, it helps businesses reduce transportation costs and create competitiveness in product prices in the market. Industrial parks also create conditions for investors to further develop their businesses, expand production facilities, and contribute to opening up job opportunities for workers.
Currently, Thai Hoa Industrial Park is on a strong development path. It is the focus of attracting many talented workers in the province and has created more than 2,000 jobs for local people. Therefore, investors can easily find workers from Ho Chi Minh City and other areas in Long An province. This helps meet the human resource needs of the establishments. From there, it helps improve people’s lives here, repel evils, and solve many other social security problems.
VIII. Economic Value of Duc Hoa III – Thai Hoa Industrial Park
Thai Hoa Industrial Park is now more than 90% filled with more than 80 domestic and foreign investors operating production and business activities. Located in the Duc Hoa III complex with a total area of more than 1,850 hectares, this is a special location for industrial development in the industrial park in Long An. The Head of the Economic Zone Management Board of Long An province, Truong Van Trieu, commented that Duc Hoa III – Thai Hoa Industrial Park has become one of the bright spots that attracts investors.
Not only that, Thai Hoa Industrial Park is also one of the important economic drivers of the region. With its prime location near main traffic routes, Thai Hoa Industrial Park offers convenient transportation and modern infrastructure. This combination has created a vibrant business environment for companies renting land here. Thanks to that, the Industrial Park increasingly promotes business activities to positively contribute to the socio-economic development of the province.
Above is detailed information about Duc Hoa III – Thai Hoa Industrial Park – Long An Province provided by TTTFIC. It is an industrial center with “active” activities and contributes to the overall growth of the cluster. Considering the current strengths and future development potentials of the Industrial Park, investors view Thai Hoa as the most prestigious headquarters location. It offers high-quality amenities.
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
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