Long Hau Industrial Park - Long An

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Information
Operating time: 2007 - 2067
Total Area: ~500 ha
Infrastructure investors: LONG HAU CORPORATION
Price: 140 USD/m2
Building density: 60 (%)
Occupancy: 90 %
Address: Long Hau Commune, Can Giuoc District, Long An Province, Vietnam

Long Hau Industrial Park is a large-scale project situated in Long An province, invested in and executed by Long Hau Joint Stock Company. With a diverse system of factories and comprehensive infrastructure, it has been contributing to economic development and attracting numerous real estate experts. To delve into more details about this industrial park, please join us in updating the information through the article below.

I. Overview of Long Hau Industrial Park

Long Hau Industrial Park, situated in Long An province, was established under Decision No. 1107/QD – TTg on August 21, 2006, by the Prime Minister. Renowned for its expansive area and significant development, the industrial park has attracted numerous companies and businesses due to its well-designed infrastructure, essential amenities, scenic landscapes, and various economic strengths and advantages.

The scale of Long Hau Industrial Park

Long Hau Industrial Park is planned on an extensive area of nearly 500 hectares. The project encompasses 85% of the leased land area, which has been filled and divided into several sections, including:

  • Existing area: 137,02 hectares
  • Expansion area: 108,48 hectares
  • Long Hau 3 Industrial Park: Expected to cover 123,98 hectares

Total Land Area Leased

  • Industrial land: 215,24 hectares
  • Factory land: 173,11 hectares
  • Land for administrative and service works: 5,57 hectares
  • Land for technical areas: 3,24 hectares
  • Green land: 49,33 hectares
  • Transport and foreign traffic land: 30,37 hectares
  • Land for service operation center: 2,5 hectares
  • Technical infrastructure land: 1,32 hectares
  • Water surface: 0,4 hectares
Long Hau Industrial Park - Long An Province - tttfic.com

Long Hau Industrial Park – Long An Province – tttfic.com

II. Geographical Location of Long Hau Industrial Park

Long Hau Industrial Park is situated in Long Hau commune, Can Giuoc district, Long An province. This strategic location is a priority area for the province’s “East Sea-facing” industrial development. Additionally, it is strategically positioned adjacent to central areas such as:

  • North: Adjacent to Ho Chi Minh City along the North-South road, known as Nguyen Huu Tho Street.
  • East: Borders Saigon – Hiep Phuoc Port, SPCT Port, facilitating convenient access to large port areas for production and business activities.

Connection Advantages of the Industrial Park:

  • Approximately 55 km from Tan An City – Long An.
  • About 12 km from the Phu My Hung Urban Area.
  • Approximately 19 km from Ho Chi Minh City Center.
  • Approximately 19 km from Ben Thanh Market – Saigon.
  • Around 25 km from Tan Son Nhat International Airport.
  • About 35 km from Long Thanh International Airport.

This advantageous location contributes to the efficient transportation of goods and raw materials, offering cost-effective solutions. Simultaneously, it addresses transportation concerns for the workforce.

III. Infrastructure of Long Hau Industrial Park – Long An

Long Hau Industrial Park, developed on a large scale of 500 hectares, boasts top-notch infrastructure, attracting numerous investors and facilitating importers and exporters. The park provides comprehensive infrastructure services and utilities for businesses:

Internal Transportation System

  • Internal road traffic system with a width of 25 – 35 m, and a center road width of 45m.
  • Well-connected regional network linking with other regions through National Highway 1A, National Highway 50, Phu My Bridge, and Ben Luc – Long Thanh Expressway.

Electric Supplying System

  • Powered by Hoa Lien 110/22kV power station with a capacity of 2 x 63 MVA.
  • Direct power is supplied through a double-circuit 110kV line to meet the electricity needs of investors.

Water Supply System

  • Utilizes two water supply sources – Long Hau underground water plant and Ho Chi Minh City water supply system.

Wastewater Treatment System

  • Effective and stable centralized wastewater treatment system with a preliminary cleaning area of 10.000 m².
  • Total processing capacity of 5.000 m³/day, including two phases.

Waste Treatment System

  • Implements waste treatment solutions like recycling, classification, and modern technological methods.

Telecommunications Infrastructure

  • Collaborates with Dong City Phone Company, Ho Chi Minh City, ensuring quality communication processes and telecommunications technology.
Long Hau Industrial Park - Long An Province - tttfic.com

Long Hau Industrial Park – Long An Province – tttfic.com

IV. Industries Attracting Investment in Long Hau Industrial Park

Currently, Long Hau Industrial Park attracts investment capital from production facilities and businesses in various industries, including:

  • Food Processing Industry, Agriculture, Forestry, and Seafood
  • Electronic and Automobile Manufacturing Industry
  • Mechanical Industry, Assembly, Machinery, and Equipment
  • Logistics and Warehousing Industry
  • Packaging Printing Industry and Related Services
  • Manufacturing and Distribution of High-tech Products
  • Production and Processing of Some Less Toxic Chemicals
  • Manufacturing and Distribution of Consumer Goods
  • Construction Materials Manufacturing Industry (Excluding Cement Production, Casting, Iron and Steel Smelting, Cast Iron, etc.)

V. Investment Incentives of Long Hau Industrial Park

In its efforts to attract investors to lease land, Long Hau Joint Stock Company has implemented several preferential policies, including:

Corporate Income Tax

Investors and businesses benefit from preferential tax rates, specifically “tax exemption for 2 years and a 50% reduction in tax payable for the next 4 years for income from implementing new investment projects.” This is outlined in Clause 4, Article 19 of Circular No. 78/2014/TT-BTC dated June 18, 2014, by the Ministry of Finance. By choosing Long Hau Industrial Park for expansion, businesses can significantly reduce costs and expedite capital recovery.

Import Tax

Businesses leasing space in industrial parks enjoy import tax exemptions for imported goods used to establish fixed assets for the project. This includes specialized equipment, means of transport, components, accessories, domestic raw materials, and supplies for assembling and producing machinery.

VI. Investment Costs of Long Hau Industrial Park

The investment cost of Long Hau Industrial Park is considered significantly more economical compared to other industrial parks in the region, such as Phu An Thanh Industrial Park, Cau Tram Industrial Park, and others. Specifically, the costs are as follows:

Electricity price0,05 USD/kWh. Monthly payment.

  • From 9:30 a.m. – 11:30 a.m.; 5:00 p.m. – 8:00 p.m.: Electricity price is 2.156 VND/KWH.
  • From 4:00 a.m. – 9:30 a.m., 11:30 a.m. – 5:00 p.m., 8:00 p.m. – 10:00 p.m.: Electricity price is about 1184 VND/KWH.
  • From 10 pm – 4 am: The electricity price during off-peak hours is 746 VND/KWH.

Note: The above prices do not include VAT.

Water priceMaintaining the standard level of 0,4 USD/m3 or 13.750 VND/m3 (not including VAT). Flexible monthly payment.
Facility management and maintenance fees0,03 USD/m2/month. Annual payment.
Land rentsOne-time payment: 140 USD/m2Payment in 4 installments:

  • Phase 1: 40% of VAT within 14 days after signing the land lease contract.
  • Phase 2: 20% VAT after 6 months of signing the land lease contract.
  • Phase 3: 20% VAT after 12 months of signing the lease contract.
  • Phase 4: 20% of VAT after 18 months of signing the lease contract.
Cost of wastewater treatment0,2 USD/m3 for receiving type C, treating industrial park wastewater to type A. Payment at the end of the month.

VII. Labor Resources and Labor Costs

The establishment and growth of Long Hau Industrial Park have positioned it as an attractive destination for numerous investors. The project has played a significant role in addressing employment challenges and providing a stable income for labor sources within and beyond the province.

The robust expansion of Long Hau Industrial Park has created new opportunities for job seekers and facilitated businesses within the park to recruit workers easily. Additionally, this growth has stimulated the development of services to assist industrial park investors in acquiring quality human resources to meet their production needs.

VIII. Economic Value of Long Hau Industrial Park

At present, Long Hau Industrial Park is recognized as a standout industrial park in Long An, thanks to its developmental potential and substantial economic contribution. Its presence has significantly propelled the local economy’s growth.

Established on nearly 500 hectares, Long Hau Industrial Park has experienced robust development and attracted almost 200 domestic and foreign investors, establishing itself as a reputable choice for headquarters production and business activities.

The industrial park places a strong emphasis on constructing and maintaining a green, clean, and beautiful environment. Specifically, Long Hau Joint Stock Company has allocated 33% of the land fund for public works and invested in liquid and solid waste treatment plants. Furthermore, the industrial park has received ISO 14000:2008 certification.

Long Hau has invested and deployed 80.000 square meters for rent in various forms. Additionally, the company annually allocates 2,1 billion VND to award 150 scholarships to outstanding students facing special circumstances. Long Hau Industrial Park not only makes a substantial contribution to the economic development of Long An province but also actively supports the community, serving as an exemplary model of a sustainable industrial park.

IX. Conclusion

From the information presented, Long Hau Industrial Park stands out as an attractive prospect for investors and businesses, continually proving its exceptional potential and strategic acumen. The industrial park is committed to providing quality services and infrastructure, poised to welcome investors for production and business activities, offering ideal opportunities, and making positive contributions to the economic and social landscape.

Please stay tuned with TTTFIC for continuous updates on valuable information!

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


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