Long Binh An Industrial Park - Tuyen Quang

I. Overview of Long Binh An Industrial Park- Tuyen Quang:

On December 12, 2009, the Prime Minister approved the establishment of Long Binh An Industrial Park in Tuyen Quang province, according to Decision No. 532GĐ-UBND by the Provincial People’s Committee. It was later adjusted on June 8, 2021. The industrial zone covers a total area of 170 hectares, with 104.95 hectares (61.21%) dedicated to mineral processing and industrial activities, and 23.96 hectares (14.09%) designated for general industrial purposes.

II. Geographical Location:

Long Binh An Industrial Park is located in An Hoa commune, Doi Can ward, Tuyen Quang city, Tuyen Quang province.

It is approximately 11 km from Tuyen Quang city, 100 km from Hanoi city, 110 km from Noi Bai International Airport, and 200 km from Hai Phong port. The industrial zone enjoys a favorable geographical position, situated on DT186 road, close to National Highway 2, and in the center of the city. This facilitates smooth trading, transportation, and exchange of goods.

Long Binh An Industrial Park – Tuyen Quang – TTTFIC Group

III. Infrastructure of Long Binh An Industrial Park – Tuyen Quang:

Internal Transportation:

• The transportation system includes two internal lanes and two main lanes to accommodate large vehicles.

Electricity System:

• The electricity supply comes from a 35kV power grid connected to a large-capacity 110kV substation operated by the Industrial Zone Power Plant.

Public Lighting System:

• The street lighting network is designed separately with a power supply system running along the transportation axes.

Water System:

• The water supply system meets the demands for daily activities and other production activities, provided by the Industrial Zone Water Plant with large capacity.

Wastewater and Rainwater Drainage System:

• The rainwater drainage system flows naturally along the roads into channels surrounding the industrial park.
• The wastewater drainage system is routed along the roads and collected at the Industrial Zone Treatment Station.

Waste Management:

• Investors will sign service contracts with professional waste management units.

Wastewater Treatment:

• Wastewater from factories and daily activities will be treated at the centralized waste treatment station with a capacity of 2000m3 per day before being discharged into the environment.

Communication System:

• The telecommunications service is installed with a modern and advanced network system, meeting international standards, enabling both domestic and international communication.

Long Binh An Industrial Park – Tuyen Quang – TTTFIC Group

IV. Industries attracting investment in Long Binh An Industrial Park – Tuyen Quang:

The Long Binh An Industrial Park primarily engages in the following industries:

• Warehouse and steel fabrication leasing.
• Mineral processing, tea processing, and mechanical engineering.
• Environmentally friendly beer and alcohol production.

V. Costs:

• Management fee: 0.4 USD/m2
• Electricity prices: Peak hours: 0.1 USD, Normal hours: 0.05 USD, Off-peak hours: 0.03 USD
• Clean water price: 0.4 USD/m3
• Wastewater treatment fee: 0.28 USD/m3
• Inlet treatment standard: level B, Outlet treatment standard: level A (QCVN 40:2011/BTNMT).

VI. Investment incentives in Long Binh An Industrial Park – Tuyen Quang:

Corporate income tax incentives:

• Exemption for 2 years, 50% reduction for the next 4 years (Decree 108/2013/NĐ-CP).

Import tax incentives:

• Exemption from import tax for machinery and equipment used to create fixed assets of the enterprise (including project expansion).
• Exemption from import tax for components, spare parts, and raw materials serving production.

VII. Labor force and costs in the industrial park:

Labor force:

• According to the Statistical Yearbook of 2015, Tuyen Quang has a population of 760,289 people.
• The labor force aged 15 and above in Tuyen Quang is 485,504 people, of which the proportion of trained workers employed in the economy at the time of July 1st each year is 20.4%.
• Therefore, Tuyen Quang province will fully meet the labor demand of businesses.

Costs:

• Long Binh An Industrial Zone is located in An Hoa commune, Doi Can ward, Tuyen Quang city, belonging to Zone III.
• Hence, the current minimum wage in Zone III is 3,430,000 VND/month.