Nhon Trach 2 Industrial Park (D2D)

Nhon Trach II Industrial Park – D2D stands as a symbol of development and progress within the industrial sector in Vietnam. With its strategic location and modern infrastructure, this industrial park has garnered the attention of numerous businesses and investors. In this article, TTTFIC explores the strengths and potential of Nhon Trach II Industrial Park – D2D.

I. Overview of Nhon Trach II Industrial Park – D2D, Dong Nai Province

Nhon Trach II Industrial Park – D2D is one of the key and prominent industrial parks in the Southern region.

Established in 1997, this industrial park is part of the Nhon Trach II industrial cluster, which includes:

• Nhon Trach 2 Industrial Park – D2D.
• Nhon Trach 2 Industrial Park – Loc Khang.
• Nhon Trach 2 Industrial Park – Nhon Phu.

Project Investor Information

The investor of Nhon Trach II Industrial Park – D2D is Industrial Urban Development Joint Stock Company 2 (D2D Group), headquartered at No. 47, D9 Street, Vo Thi Sau Residential Area, Thong Nhat Ward, Bien Hoa City, Dong Nai Province, Vietnam.

This company specializes in industrial civil construction, industrial park infrastructure development, real estate, and commercial services. Over the years, it has transformed from being the weakest player in the construction industry in Dong Nai province to becoming the leading entity in the region. In addition to construction, D2D Company has invested in Nhon Trach II Industrial Park, covering an area of 331,42 hectares, and it has achieved full occupancy with 100% of leased land.

Scale and Land Use Structure in the Industrial Park

Nhon Trach II Industrial Park – D2D has become a key industrial park in Dong Nai Province, with a total investment capital amounting to hundreds of billions of VND. The scale and land use structure are as follows:

• Total planned area: 331,42 hectares.
• Industrial land and warehouses: 288.768 hectares.
• Administrative agency land: 0,057 hectares.
• Infrastructure land: 5.634 hectares.
• Road areas: 12.859 hectares.
• Green space areas: 23.524 hectares. The park has achieved a 100% occupancy rate.

Current Investment Status

Nhon Trach II Industrial Park – D2D has attracted 55 companies from countries such as Korea, Taiwan, Japan, Malaysia, Brunei, and more. The total investment for projects within the park amounts to 173,55 billion VND, with total FDI capital reaching 1,6 billion USD. Major investors include SANYANG Vietnam Co., Ltd. (33.229 hectares), HALLA Vietnam Company Limited (15.757 hectares), and AJU Vietnam Company Limited (9.897 hectares), among others. This growth has resulted in the creation of approximately 13.000 jobs within the industrial park.

II. Geographical Location of the Industrial Park

Nhon Trach II Industrial Park is situated in Hiep Phuoc, Phu Hoi, and Phuoc Thien Communes in Nhon Trach District, Dong Nai Province. It holds a strategic location as a vital transportation hub in the southern key economic region. The park benefits from excellent connectivity via road, waterway, and air transport.

Industrial Park Boundary Scope

• The North and East borders Nha Trang II Industrial Park – Phase 1.
• The West borders Nhon Phu Industrial Park.
• The South borders Road 25C and Nhon Trach V Industrial Park.

The park enjoys favorable access to major economic centers in the South, with the following convenient transportation links:

Administrative centers

• From Ho Chi Minh City: 46,2 km.
• From Bien Hoa City: 36 km.

Railway stations

• From Bien Hoa station: 38,1 km.
• From Song Than station: 35,7 km.

River ports

• 33,4 km from Dong Nai Port.
• 24,2 km from Cat Lai Port.
• 23,5 km from Go Dau Port.

Airports

• From Tan Son Nhat International Airport: 42 km.
• From Long Thanh International Airport: 24,7 km.

This advantageous geographical location makes Nhon Trach II Industrial Park – D2D highly appealing to numerous foreign investors with substantial capital.

III. Infrastructure System at Nhon Trach II Industrial Park – D2D, Dong Nai

To meet the needs of both workers and businesses, the project’s investor has developed a modern and comprehensive infrastructure system.

Traffic System

The transportation system within the park consists of two road networks: the main roads and internal roads, all paved to withstand the movement of large trucks and containers. These routes are adorned with greenery and lighting systems to enhance both functionality and aesthetics. The internal road system seamlessly connects to the external traffic system, facilitating the movement and transportation of goods for businesses in Nhon Trach II – D2D.

Electric Supplying System

Water for Nhon Trach II Industrial Park – D2D is sourced from the Nha Trang Underground Water Plant, with a daily capacity of 10.000 m³/day and night. Electricity is supplied to factories within the park from the National Grid, connected through a transformer station with a capacity of 103 MAV. This power source adequately meets the needs of businesses during their production processes.

Drainage System

The drainage system at Nhon Trach II – D2D has been meticulously designed and constructed, encompassing both a rainwater drainage system and a sewerage system. These two systems are planned separately and run alongside internal roads to collect all rainwater and wastewater from the factories. Rainwater is discharged directly into the receiving source, while wastewater is collected at the centralized wastewater treatment station, where it undergoes thorough treatment to meet required environmental standards before being released.

Wastewater Treatment Infrastructure

The wastewater treatment plant within Nhon Trach II Industrial Park – D2D has a capacity of 5.000 m³/day and night. Additionally, the park is equipped with an automatic monitoring station and a hazardous solid waste transfer station to prevent environmental pollution.

Communication Systems

Pre-installed telephone lines extend to the boundaries of land lots and are provided according to customer needs with no quantity restrictions. The fiber optic cable system is available for broadband telecommunications applications (ADSL) and dedicated line rental systems (Telephone Line), serving various needs, including mail, fax, Facebook, Zalo, and more.

Fire Protection System

The industrial park boasts a professional firefighting team, well-trained and capable of promptly responding to fire and explosion situations. Water intakes are strategically located along internal roads, and a 24-hour security force is trained in firefighting and anti-violence operations.

Security System

The industrial park has implemented a comprehensive security system, including a surveillance camera network throughout the park and 24/7 security teams to ensure the safety of workers, and employees, and the protection of investors’ assets.

Surrounding Amenities

In addition to investing in the above infrastructure, the project’s investor has focused on developing surrounding amenities to meet the needs of workers, including residential areas, apartments, dormitories, hospitals, clinics, banks, canteens, and more. These investments have contributed to the rapid achievement of a 100% occupancy rate in the industrial park.

IV. Industries Attracting Investment in Nhon Trach II Industrial Park – D2D

Benefiting from its strategic location, robust infrastructure system, and abundant labor force, Nhon Trach II Industrial Park – D2D focuses on developing processing and manufacturing industries across various sectors, including:

• Shoe, leather, textile, and clothing production.
• Electrical industries and the manufacturing of electronic devices.
• Mechanical engineering.
• Production of building materials.
• Wood processing, paper, paper packaging, ceramics, and glass industries.
• Production of plastic products.
• Pharmaceutical, flavoring, and cosmetic industries.
• Production of products from natural and synthetic rubber.

V. Incentives for Investing in Nhon Trach II Industrial Park – D2D

One of the key attractions for major investors in Nhon Trach II Industrial Park – D2D is the range of incentives offered by this project. Businesses and investors stand to benefit from preferential policies provided by the investors, including:

Corporate Income Tax

• A 17% incentive on taxable income for the first 10 years from the year of revenue.
• Tax exemption for the first 2 years from the year of taxable income, followed by a 50% reduction for the subsequent 4 years.

Import Tax Incentives

Enterprises are eligible for exemptions from import tax on imported goods in accordance with the regulations outlined in Article 16 of the Law on Export Tax and Import Tax (No. 45/2005/QH11, dated June 14, 2005) and Article 12 of Decree No. 87/2010/ND-CP, dated August 13, 2010, issued by the Government, which details the implementation of various articles of the Law on Export Tax and Import Tax.

Land Lease Term Incentives

Nhon Trach II Industrial Park – D2D implements a special land lease policy with a term of 50 years, extending until 2047.

Support for Investment Licensing Procedures

Investment projects within Nhon Trach II Industrial Park – D2D receive free assistance from the investor in the process of applying for investment project licenses and establishing businesses. Additionally, direct support is provided for the preparation of other necessary documents related to the environment, construction, labor, experts, and technicians.

VI. Investment Costs at Nhon Trach II Industrial Park – D2D, Dong Nai Province

Investment costs are undoubtedly a crucial factor that garners substantial attention from businesses and investors, as they directly impact a company’s financial health. The investment costs in Nhon Trach II Industrial Park – D2D are outlined as follows:

*Note: The above costs do not include VAT.

VII. Labor Resources and Labor Costs

The labor force is a significant factor contributing to the growth of industrial parks.

In Dong Nai province, and specifically in Nhon Trach II Industrial Park – D2D, human resources and labor costs are abundant and stable.

Abundant Human Resources from the Surrounding Area

Due to its strategic location at the center of Nhon Trach district, Dong Nai Province, Nhon Trach II Industrial Park – D2D readily attracts a substantial labor pool from neighboring provinces and cities.

This abundant and stable labor source offers numerous advantages to businesses. It simplifies the process of recruiting and selecting the most suitable workforce, reducing the risk of labor shortages. Furthermore, the construction and development of Nhon Trach II Industrial Park – D2D effectively addresses employment issues for workers.

It is evident that, over nearly 30 years of establishment and continuous operation, Nhon Trach II Industrial Park – D2D has diligently improved and upgraded its infrastructure system, aligning with sustainable development plans. This commitment provides convenience to investors and businesses when executing projects in the industrial park.

Amid the ongoing process of industrialization and modernization in the country, Nhon Trach II Industrial Park – D2D is continually advancing. It is making remarkable breakthroughs and reinforcing its remarkable potential for strong and outstanding development.

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