Long Thanh Industrial Park

Long Thanh Industrial Park (IP), situated in Dong Nai Province, forms a crucial part of the southern key economic region, which encompasses eight provinces and cities. Established in 2003, Long Thanh IP has evolved into a significant project, drawing the interest of numerous domestic and foreign investors. The economic contributions of this Industrial Park have had a positive impact on the overall development of the province.

I. Overview

Sonadezi Long Thanh Joint Stock Company spearheads the investment in Long Thanh Industrial Park. Positioned as a key project, it plays a vital role in fostering the development of industrial park clusters in Dong Nai. Long Thanh IP in Dong Nai has been constructed to cater to the diverse requirements of various industries. The Industrial Park’s developmental objective revolves around the establishment of a sustainable economy.

Significantly, the emergence of Long Thanh Industrial Park – Dong Nai has generated employment opportunities and increased income for the labor force in the province as well as several neighboring regions.

Internal Transportation System

The internal transportation network at Long Thanh Industrial Park is meticulously planned and synchronized by the investor. It features four lanes dedicated to the seamless transport of goods, connecting major highways such as Long Thanh Dau Giay. Furthermore, there are routes leading to the airport and seaport, facilitating efficient import-export services for investors.

Power System

The park encompasses two 63MVA transformer stations, operating on a 22KV power grid to ensure the smooth functioning of production and business activities for all enterprises. The electrical system is integrated into the national grid and low-voltage transformer stations within the Industrial Park’s factories.

Clean Water Supply System

Long Thanh Industrial Park hosts a water treatment facility with a capacity of 20,000 m³ per day and night, ensuring an ample water supply for production and daily operations within the industrial park.

Wastewater Treatment System

Long Thanh Industrial Park – Dong Nai has established a wastewater treatment plant with a capacity of 15,000 m³ per day and night, complying with Column A standards set by the Ministry of Natural Resources and Environment. Notably, the wastewater fee amounts to 80% of the discharged water volume, underscoring Long Thanh Industrial Park’s commitment to becoming a modern, environmentally friendly industrial hub.

Communication Systems

Long Thanh Industrial Park is equipped with a centralized 3750-digit IDD telephone switchboard and an 8MBps ADSL broadband internet station, utilizing fiber optic cables.

Security System

Security surveillance cameras are strategically positioned throughout the industrial park, including control points and production areas. Several key locations within Long Thanh IP have guard posts operating around the clock, alongside a vigilant security team that conducts regular patrols to ensure the safety of individuals, goods, and vehicles.

Additionally, Long Thanh IPk offers a comprehensive range of amenities within a 7km radius. These include postal services, banking, healthcare, education, accommodation, and entertainment, ensuring a secure and fulfilling lifestyle for its residents and workers.

IV. Industries Attracting Investment

The diverse range of industries operating within Long Thanh Industrial Park – Dong Nai includes:

• Mechanical Engineering
• Metallurgy
• Electronic Devices
• Chemicals and Petrochemicals
• Cosmetics
• Plant Protection Chemicals
• Textiles
• Footwear
• High-Quality Leather Products
• Paper
• Agricultural Processing
• Plastic Industry
• Forest Products and Seafood
• Glass
• Ceramics

V. Investment Incentives

The 100% occupancy rate and the influx of numerous large domestic and foreign enterprises into Long Thanh Industrial Park stem from its well-structured technical infrastructure and exceptional investment incentives. These incentives include:

• Prompt attention and support from the People’s Committee of Dong Nai Province, Long Thanh District, and the Investor Sonadezi.
• The Industrial Park Management Board fosters competitive advantages through flexible business policies and a diverse range of support services.
• Comprehensive support throughout the investment procedure includes aid with investment certificates, construction licenses, business licenses, and more. This ensures an expedited process.
• Optimal support and incentives for investors include a flexible payment regime, competitive land rental prices, and attractive tax incentives. (2-year corporate income tax exemption and 50% tax reduction for the subsequent 4 years)

Exceptional incentives and advantages have positioned Long Thanh IP as a valuable investment destination, emphasizing its potential for business development and production growth.

VI. Investment Costs

Before committing to investment endeavors within Long Thanh Industrial Park, businesses often seek information regarding investment costs. The table below outlines the investment costs at Long Thanh IP.

VII. Labor Resources and Labor Costs

Long Thanh Industrial Park – Dong Nai, located conveniently with access to key economic areas, has successfully attracted a substantial workforce from various regions. Diverse industries and competitive labor costs encourage workers to settle and engage in industrial activities in Long Thanh, Dong Nai.

Within the entire Long Thanh District, the working-age population exceeds 200,000 individuals. Currently, the industrial park draws approximately 100,000 workers from neighboring provinces and regions. Consequently, businesses operating within Long Thanh IP need not worry about a shortage of labor for production needs.

VIII. Summary

Long Thanh Industrial Park, known for its strategic location and established infrastructure, offers favorable conditions for businesses to reduce investment costs. As a result, the capital recovery for investors is expedited.

Long Thanh Industrial Park offers various rental products, such as industrial land and production facilities, tailored to businesses’ specific needs. Investors at Long Thanh IP can expect significant growth and success, supported by incentives from both the Industrial Park management board and the Provincial People’s Committee.

Long Thanh Industrial Park has been highly successful in attracting both domestic and foreign investments, achieving full occupancy at 100%. It competes with other industrial parks in the region, such as Amata Bien Hoa Industrial Park and Ho Nai Industrial Park. As a result, Long Thanh IP is ready to make a significant contribution to the economic vibrancy of the province.

Conclusion

Long Thanh Industrial Park dedicates substantial resources to fostering Dong Nai’s industrial development, setting it apart as one of the few projects with this commitment. With its strategic location, abundant workforce, and highly advantageous policies, Long Thanh IP is certain to continue attracting investors. As a result, investors anticipate the appreciation of real estate value in Long Thanh district, which creates attractive and profitable investment opportunities.

The above information about Long Thanh Industrial Park, compiled by TTTFIC, provides investors with a comprehensive overview to consider before making investment decisions