No. LAND-18385
For Sale: Land in Phu Vinh Industrial Park - Ha Tinh
- Price: $60-80/sqm/ 50 years
- Area: 150.000 SQM
Information | |
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Operating time: 2000 - 2050 | Total Area: 61,7 ha |
Infrastructure investors: SAIGON IPD - CHINA UNITED ELECTRIC IMPORT AND EXPORT CO., LTD | Price: 150 USD/m2 |
Building density: 60% | Occupancy: 100% |
Address: Linh Trung 2 Industrial Park, Nguyen Chi Quoc Street, Thu Duc District, Binh Chieu Ward, Ho Chi Minh City, Vietnam. |
Linh Trung Export Processing Zone is a Vietnam-China joint venture project consisting of three zones spanning 326,37 hectares, with Linh Trung II Export Processing Zone established in 2000 in Ho Chi Minh City’s Thu Duc district, operating for 50 years.
The export processing zone is a specialized unit formed to serve businesses specialized in producing goods for export. The trade activities of manufacturing units within the export processing zone involve frequent and continuous import-export of goods from both domestic and international markets.
Linh Trung Export Processing Zone is a joint venture project between Vietnam and China, with Saigon Industrial Park Development Company (SAIGON IPD) representing Vietnam and CHINA UNITED ELECTRIC IMPORT AND EXPORT CO., LTD representing China.Linh Trung Export Processing Zone comprises three zones, I, II and III, covering a total area of 326,37 hectares.
Established in the year 2000, Linh Trung II Industrial Park, renowned as Linh Trung II Export Processing Zone, finds its location in Ho Chi Minh City. The industrial park is located in Thu Duc district of Ho Chi Minh City and is operational for 50 years since its construction.
The total investment capital of the project is 55.500.000 US dollars, with the legal capital being 17.000.000 US dollars, contributed equally by both parties.
To date, Linh Trung II has attracted 41 investors to lease land and standard factory buildings, with a total investment capital of over 130 million USD. The leased area is fully occupied, and 40 investors have been granted investment licenses. The total export turnover in 2011 reached 611 million USD, creating employment opportunities for more than 30.000 workers.
The industrial park has attracted many foreign investors from countries such as Japan, Taiwan, and the United States. Some notable industrial zones are New Toyo (Singapore), Freetrend (Taiwan), Vinawood (USA), and Theodore Alexander (BV Islands).
Linh Trung II Export Processing Zone and Industrial Park have a total area of 61,7 hectares, located in Binh Chieu Ward, Thu Duc City, Ho Chi Minh City.
Details include:
Linh Trung 2 Industrial Park, Nguyen Chi Quoc Street, Thu Duc District, Binh Chieu Ward, Ho Chi Minh City, Vietnam.
Linh Trung Export Processing Zone is situated adjacent to National Highway 1A, close to Cat Lai Port and Tan Son Nhat International Airport. It attracts businesses from countries such as Japan, China, Taiwan, and South Korea, mainly focusing on advantages in light industries, such as machinery manufacturing.
Distances:
Internal transportation:
Electrical system:
Public lighting system:
Water system:
Wastewater and rainwater drainage system:
Waste treatment:
Wastewater treatment:
Communication system:
Linh Trung II Export Processing Zone mainly prioritizes the development of the following industries:
Land rental price in the industrial zone: 150 USD/m2/year
Workshop rental price: 4 USD/m2/year.
Infrastructure maintenance fee: 0,4 USD/m2/year
Clean water fee: 0,51 USD/m3
Wastewater treatment fee: 0,42 USD/m3
Electricity cost (Based on Thuduc Power Company’s rates):
Voltage above 22 kV:
Voltage below 6 kV:
Note: Prices and fees above do not include VAT. The pricing table may change at different times.
According to the 2019 Population and Housing Census, the population of Ho Chi Minh City as of April 1, 2019, was 8.993.082 people.
Out of the total local population of 4.8 million, more than half are of working age.
By the year 2025, Thu Duc City is expected to witness an “influx” of immigration with more than 50.000 people, including 2.000 engineers and experts coming to work. The population of Thu Duc City is forecasted to reach about 1,5 million people by 2030, and 2,2 million people by 2040. It is set to become an area that attracts high-skilled labor and professionally trained workforce.
In 5 – 10 years, the labor productivity of Thu Duc City will be three times that of Ho Chi Minh City, with the population and labor force accounting for 10% of the city’s total, making it the third economic region in the country.
The standard corporate income tax rate currently applied is 25%.
However, depending on the sector, investors may enjoy the following preferential corporate income tax rates:
For sectors such as education and training, vocational training, healthcare, culture, sports, and environment: A 10% tax rate applies to the enterprise’s income throughout its operation.
For sectors like software production, high technology, investment in water plants, power plants, water supply and drainage systems; roads, railways; airports, seaports, river ports; airports, train stations, and infrastructure works; a preferential tax rate of 10% applies for 15 years.
Regarding import taxes: Investors importing raw materials and machinery to create fixed assets not yet produced domestically may be exempted from import and export taxes.
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Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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