Long Duc Industrial Park - Dong Nai

Long Duc Industrial Park (IP) is a project invested in by Long Duc Investment Company Limited. It is a joint venture industrial park involving three Japanese corporations: Daiwa House Industry Group, Sojitz Corporation, Kobelco Eco-Solution, and Donafoods Company of Dong Nai. After over a decade of establishment and development, Long Duc Industrial Park has achieved many significant milestones, with the occupancy rate reaching 100%.

I. Overview

Long Duc Industrial Park stands as a prominent industrial park project in Dong Nai. It enjoys a strategic location in close proximity to the country’s major economic center, Ho Chi Minh City, and Long Thanh International Airport. This advantageous location has made Long Duc Industrial Park a magnet for both domestic and foreign businesses, drawing investments, fostering growth, and expanding production.

At Long Duc Industrial Park, various industries and sectors operate with enticing investment incentives. The project investor, Long Duc Investment Company Limited, places significant emphasis on investing in technical infrastructure. The primary objective of Long Duc Industrial Park is to establish a welcoming and modern business environment, ultimately fostering economic growth in Dong Nai Province and the entire nation.

Information

Long Duc Industrial Park, along with Long Thanh Industrial Park, is a large-scale industrial park project located in Long Thanh District, Dong Nai, Vietnam. It possesses numerous significant advantages and represents a modern production facility. Operating since 2013, Long Duc Industrial Park has been supporting investors and businesses for over a decade in their production and business endeavors.

The establishment of Long Duc Industrial Park has been highly commended for its substantial contributions to enhancing the quality of life for residents in Long Thanh district, Dong Nai, and for attracting investments to the Southeast region. The park aligns with the province’s investment strategy and enjoys prioritization for selective investment in high-tech projects. It boasts a skilled and professionally qualified workforce to meet the needs of businesses, and its well-invested infrastructure and strategic location have transformed it into a modern industrial park with an ideal production and business environment.

Investment Situation

Long Duc Industrial Park spans a total area of 281,32 hectares, with a total project investment capital of 1.083,36 billion VND. This joint venture industrial park involves three Japanese corporations, namely Sojitz Group, Daiwa House Industry, and Kobelco Eco-Solution, in collaboration with Dong Nai-based Donafoods.

Presently, Long Duc Industrial Park maintains a 100% occupancy rate. Notable businesses operating in the park include Long Duc Electronics Company Limited, Wonderful Sun -S, and Japan FRP Vietnam Co., Ltd. These enterprises have made substantial contributions to the local economy and have strengthened Dong Nai’s position in the Vietnamese industrial park market.

Investor

The investor for Long Duc Industrial Park is Long Duc Investment Company Limited. The company’s headquarters is located in Long Duc Commune, Long Thanh District, Dong Nai.

II. Location of Long Duc Industrial Park – Dong Nai

Long Duc Industrial Park enjoys a highly favorable location, situated in Long Duc Commune, Long Thanh District, Dong Nai Province. It is in proximity to the Long Thanh – Dau Giay highway and the Cai Mep – Thi Vai deep-water port cluster, which is a strategically significant location within the southern key economic region. This advantageous location ensures convenient connections for businesses in the industrial park for trade and transportation of goods by road, waterway, air, and rail.

Long Duc Industrial Park’s proximity to neighboring provinces, cities, and essential amenities enhances the ease of daily activities for residents and workers. Some distances from Long Duc Industrial Park include:

• Bien Hoa City: 21,4 km
• Ho Chi Minh City: 50,4 km
• Song Than Station: 33,7 km
• Gia Bien Hoa: 26,5 km
• Cai Mep – Thi Vai Port: 46,9 km
• Cat Lai Port: 37,2 km
• Go Dau Port: 29,7 km
• Dong Nai Port: 21,5 km
• Tan Son Nhat International Airport: 44,4 km
• Long Thanh International Airport: 21,8 km

This prime location advantage helps investors and businesses save significant transportation costs.

III. Infrastructure

The infrastructure of Long Duc Industrial Park serves as a key attraction for domestic and foreign investors, providing a conducive environment for expanding production. The essential infrastructure components include:

• Power Supply: The industrial park boasts a stable, high-capacity power supply to meet the requirements of businesses.
• Water Supply System: The synchronized water supply system extends to each factory, ensuring an adequate water supply.
• Postal and Telecommunications System: The telecommunications network within the industrial park offers high-speed internet services and is ready to cater to business needs.
• Drainage System: Long Duc Industrial Park features an effective drainage network along internal traffic routes, complete with a rainwater and wastewater collection system. There is also a specialized factory for centralized wastewater treatment, ensuring an environmentally friendly production environment.
• Fire Protection System: The park is equipped with a modern fire protection system, enhancing safety for businesses and their workers during operations.

The infrastructure of Long Duc Industrial Park is meticulously planned and invested in, offering businesses the utmost convenience for their production and business activities.

IV. Industries Attracting Investment

Long Duc Industrial Park, located in Long Thanh District, Dong Nai, focuses on a diverse range of fields and industries that attract investment. Key industries with investment potential in Long Duc Industrial Park include:

• Mechanical Engineering
• Power Electronics
• High-Quality Materials
• Pharmaceutical Chemicals
• School Equipment
• Stationery
• Packaging
• Interior Decorations

V. Investment Incentives

In addition to well-invested and completed technical infrastructure, businesses operating within Long Duc Industrial Park benefit from favorable investment policies aimed at promoting production. These policies provide significant advantages to companies in the park. Specifically:

• Enterprises in Long Duc Industrial Park consistently receive attention and support from investors, project management boards, and the provincial People’s Committee. This support is essential for their growth and success.
• The park offers flexible business policies and a variety of support services.
• Competitive land rental prices, along with attractive tax incentives, including 2 years of corporate income tax exemption. Additionally, there is a 50% reduction of taxes payable for the subsequent 4 years.
• Businesses also enjoy support and fee waivers for investment certification, business licenses, and brand registration.

VI. Investment Costs

The high occupancy rate of Long Duc Industrial Park is attributed to its low and competitive investment costs. Below is a table outlining investment costs at Long Duc Industrial Park for reference by businesses:

VII. Labor Resources and Labor Costs

The labor factor is always a critical aspect in determining a business’s success. The Project Management Board, along with investors, is committed to improving workers’ welfare at Long Duc Industrial Park. The Dong Nai Provincial People’s Committee has also instructed the park and relevant agencies to enhance workers’ well-being. This includes vocational training programs to provide workers with stable employment opportunities. Moreover, labor costs in Long Duc Industrial Park are competitive, easing businesses’ concerns about production expenses.

VIII. Summary

Long Duc Industrial Park in Dong Nai is an attractive investment destination that has drawn both domestic and foreign investors. With its exceptional advantages in geographical location and meticulously planned infrastructure, Long Duc Industrial Park is poised for further development. It plays a vital role in elevating Dong Nai’s economic density. It also consolidates its position as an industrial province in the national context. TTTFIC aims to help investors understand Long Duc Industrial Park better and make informed decisions.