Nam Tan Uyen Industrial Park Expansion

Expanded Nam Tan Uyen Industrial Park is a pivotal industrial hub that has been attracting numerous domestic and foreign entrepreneurs. With its contemporary infrastructure, this industrial park contributes significantly to the economic development and the overall stature of Binh Duong province. To explore more about this industrial center, follow TTTFIC article below!

I. Overview of the Expanded Nam Tan Uyen Industrial Park Project

The inception of the Expanded Nam Tan Uyen Industrial Park project dates back to the Prime Minister’s Official Dispatch No. 1285/TTg-KCN issued on July 29, 2009. Subsequently, on May 6, 2010, the Binh Duong Provincial People’s Committee, through Decision No. 1307/QD-UBND, made amendments to the detailed 1/2000-scale planning of Nam Tan Uyen Industrial Park. This decision permitted an expansion of 346 hectares, extending its operational period to 50 years from 2009 to 2059. These developments offer lucrative opportunities for businesses looking to invest and conduct operations in the Tan Uyen region.

The project is backed by the Nam Tan Uyen Industrial Park Joint Stock Company, a subsidiary of the Vietnam Rubber Group (VRG). VRG is a reputable national conglomerate with diverse industrial interests, boasting a substantial total investment capital of over $2 billion. In a bid to elevate the profile of industrial parks in Binh Duong, Nam Tan Uyen Company has committed investments exceeding 3.2 trillion VND to enrich the local landscape and make meaningful contributions to society.

The scale of the Industrial Park

The Expanded Nam Tan Uyen Industrial Park project, upon implementation, encompasses a total planning area of 288 hectares with a construction density of 70%. This area includes land designated for industrial leasing and service operations, comprising:

• Land for industrial factory construction: 200.75 hectares, representing 69.58%.
• Land allocated for warehouses and service functions: 14.39 hectares, making up 4.99%.
• Green spaces and water surfaces: 28.87 hectares, accounting for 10.01%.
• Road infrastructure: 32.73 hectares, covering 11.34%.
• Land for constructing a commercial center: 8.88 hectares, accounting for 3.08%.
• Land reserved for technical infrastructure works: 2.9 hectares, making up 1.01%

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II. Geographical Location of Expanded Nam Tan Uyen Industrial Park

The Expanded Nam Tan Uyen Industrial Park is situated in Uyen Hung Ward and Hoi Nghia Ward within Tan Uyen City, Binh Duong Province. This location is recognized as one of the leading economic hubs in the southern key economic region.

The industrial park is positioned along arterial roads DDT746 and DT747B, each featuring a 38-meter width and six lanes. With this strategic placement, the Industrial Park efficiently facilitates transportation and connectivity between major cities, streamlining the trade of goods between neighboring regions and key areas.

Advantages of the Location:

Benefitting from its strategic location, the Expanded Nam Tan Uyen Industrial Park seamlessly links with urban centers, government agencies, recreational parks in the South, and an extensive network of large ports and industrial clusters, including:

• Approximately 10 km from Binh Duong New City Center.
• Only about 3 km north of Nam Tan Uyen Industrial Park.
• Located just 22 km from the center of Dong Nai Province.
• Situated about 30 km from Ho Chi Minh City Center.
• Approximately 32 km from Saigon New Port.
• Approximately 32 km from Saigon Port.
• Around 32 km from Cat Lai Port.
• Roughly 34 km from Tan Son Nhat International Airport.
• Located about 18 km from Song Than International Container Port.
• Situated around 8 km from Thanh Phuoc Port.
• Positioned 10 km from Phu My Golf Course (Twin Doves).

III. Infrastructure of Expanded Nam Tan Uyen Industrial Park

In the Expanded Nam Tan Uyen Industrial Park, substantial upgrades and the construction of extensive infrastructure systems play a pivotal role in fostering the park’s development. Here are the key aspects:

Internal Transportation System

The industrial park has undergone comprehensive investments and development, resulting in a fully integrated road network. This includes:

• Main roads and secondary roads, each featuring two lanes.
• Asphalt concrete roads with widths ranging from 14m to 35m, designed to withstand standard load capacity of H30.
• Thoughtfully designed lawns and green spaces contribute to creating a fresh and spacious environment for the local populace.

Electricity Supply System

The Expanded Nam Tan Uyen Industrial Park receives its electricity supply from the Tan Uyen 110/22kV low voltage station, boasting a capacity of 2×63 MVA. The district’s electrical infrastructure is extended to each boundary, with power lines installed underground. This ensures consistent and stable power supply to all businesses within the park.

Clean Water Supply System

The expanded water supply system of Nam Tan Uyen is connected to the Uyen Hung Water Plant’s network. This network maintains a capacity of up to 17,000 m3/day and night, adhering to WHO standards, thereby meeting the production and residential needs of the investors within the park.

Wastewater Treatment System

Within the industrial park, the wastewater treatment plant operates with a capacity of 8,000 m3/day and night and spans an area of up to 15,900 m2. This extensive treatment system, which extends over 51.6 km, is designed to comply with the regulations set by the Ministry of Natural Resources and Environment. Currently, module 1 of the treatment plant is operational, with a capacity of 2,000 m3/day and night.

Waste Treatment System

Waste management in the Expanded Nam Tan Uyen Industrial Park follows precise regulations, with waste collected and transported to a centralized treatment area.

Fire Protection System

The industrial park is equipped with a team of experienced firefighters available round-the-clock, seven days a week. Strategically placed water tanks along the main and secondary routes ensure readiness to respond to emergency fire and explosion situations.

Communication Systems

The Expanded Nam Tan Uyen Industrial Park guarantees a comprehensive range of telecommunication services, including ADSL, Fiber, and telephone lines, to fully meet the communication requirements of both the local community and businesses.

IV. Industries Attracting Investment in the Expanded Nam Tan Uyen Industrial Park

Benefitting from its favorable geographical location, robust transportation infrastructure, and comprehensive, high-quality facilities, the industrial park has become an enticing destination for investors. Here are some of the notable industries that have attracted investment in the Nam Tan Uyen Industrial Park:

• The manufacturing of equipment and machinery for agricultural and industrial production.
• The production of replacement equipment and tools, including the manufacturing of automobiles and motorcycles.
• The production of industrial meals, confectionery, fast food, soft drinks, and potable water.
• The construction materials manufacturing industry, encompassing tunnel kiln-fired bricks, concrete structures, sewer pipes, granite, marble, pigments, and absorbent wicks for foundation treatment.
• The production of pharmaceuticals, cosmetics, biological products, and pharmaceutical drugs.
• The manufacturing of high-end plastic and aluminum products.
• The seafood processing industry.
• Dairy product processing, livestock, and poultry.
• Vegetable, tuber, fruit, grain processing, and agricultural product-based items.
• The textile and garment industry (excluding dyeing), leather and leatherette production.
• The processing, assembly, and arrangement of specialized machinery and equipment.
• The metal rolling, molding, and drawing industry.
• …

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V. Investment Incentives for Expanded Nam Tan Uyen Industrial Park

Here are the preferential investment policies in the Expanded Nam Tan Uyen Industrial Park:

Corporate Income Tax:

• Pursuant to Decree 218/2013/ND-CP, businesses investing in the Expanded Nam Tan Uyen Industrial Park will benefit from a tax exemption for the first 2 years and a 50% reduction for the subsequent 4 years. The corporate income tax rate is 20%. Additionally, investors are allowed to carry forward losses for up to 3 years from the date of business establishment.

Support for Investment Procedures:

• Private investors leasing land within the park will receive expedited advice and support for various procedures, such as license application, company or branch establishment registration, investment certificate issuance, and other related processes. Additionally, businesses are provided with a comprehensive package of services, including construction design consulting, investment consulting, and legal advisory services.

VI. Investment Costs for the Expanded Nam Tan Uyen Industrial Park

A summary of all investment costs for the Expanded Nam Tan Uyen Industrial Park is outlined in the table below:

VII. Labor Sources and Labor Costs in Industrial Parks

The development of Nam Tan Uyen Industrial Park, in conjunction with the Expanded Nam Tan Uyen Industrial Park, has contributed to the creation of numerous job opportunities for local residents and the expansion of production and business facilities. The diverse range of occupations available in these areas makes it easier for businesses to find quality labor and workers at competitive and reasonable costs.

VIII. Economic Value of the Expanded Nam Tan Uyen Industrial Park

The Expanded Nam Tan Uyen Industrial Park significantly contributes to the economic development of Binh Duong and the entire country. The substantial growth of this industrial park has generated positive impacts on both economic and social development. Here are some economic values of the Expanded Nam Tan Uyen Industrial Park:

• In 2020, the Investor of the Expanded Nam Tan Uyen Industrial Park, Nam Tan Uyen Industrial Park Joint Stock Company, achieved a total revenue of more than 390 billion VND, representing a 2.17% increase compared to 2019. The profit after tax reached 177 billion VND, and a minimum dividend of 80%, equivalent to 128 billion VND was distributed.
• The industrial park has attracted many foreign private individuals to live and work within its premises. This significantly contributes to the economic development of Tan Uyen commune and Binh Duong province, making it well-prepared to welcome foreign direct investment (FDI) inflows into Vietnam.

Based on the information provided, it is evident that the Expanded Nam Tan Uyen Industrial Park offers an attractive, modern, and high-quality location for investors seeking to establish their business headquarters. With its outstanding infrastructure and abundant labor resources, the industrial park serves as a catalyst for regional economic development and operates as a trade gateway for both domestic and international businesses.