Nhon Trach 2 Industrial Park - Nhon Phu

Nhon Trach II Industrial Park (Nhon Trach II IP), situated in Dong Nai Province, is renowned for its strategic location at a pivotal transportation nexus within the Southern economic region, offering numerous favorable conditions for development. Currently, this industrial park is drawing significant attention from domestic and foreign businesses and investors, gradually establishing itself as the fastest-growing industrial park in Dong Nai Province. Join TTTFIC to delve into the specifics of Nhon Trach II Industrial Park – Nhon Phu in this article.

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

Nhon Trach II Industrial Park – Nhon Phu was established in 2006, with Thao Dien Real Estate Joint Stock Company as the investor. This company, founded in 2001 and headquartered at 25 Hoang Hoa Tham, Ward 6, Binh Thanh District, Ho Chi Minh City, has made significant strides in over 20 years of operation. Through unwavering efforts, Thao Dien Real Estate Joint Stock Company has emerged as a leading real estate entity in the Southern region, known for its numerous outstanding and high-quality projects in Ho Chi Minh City, Dong Nai Province, and various other provinces.

Nhon Trach II Industrial Park – Nhon Phu, Dong Nai Province is one of the flagship projects of this company, playing a pivotal role in fostering concentrated industrial development and positioning Dong Nai Province as a key player in the southern economic quadrant, alongside Ho Chi Minh City, Binh Duong Province, and Ba Ria – Vung Tau Province.

Nhon Trach II – Nhon Phu, along with other industrial parks in Nhon Trach District, such as Nhon Trach I Industrial Park, Nhon Trach III Industrial Park, Nhon Trach V Industrial Park, and Nhon Trach VI Industrial Park, collectively form a substantial industrial cluster, playing a vital role in advancing the economy and addressing employment challenges in Dong Nai Province and its surrounding areas.

Scale of the Industrial Park and Current Investment Status

This industrial park covers a total planned area of 183,18 hectares, with a substantial investment capital of 173,55 billion VND. While the planned area of Nhon Trach II – Nhon Phu Industrial Park is not extensive, the significant investment capital has facilitated the construction of modern, well-designed, and comprehensive infrastructure.

As a result, this industrial park has achieved a 100% occupancy rate, with total foreign direct investment (FDI) capital amounting to 1,6 billion USD in a relatively short period of operation.

Operational Goals

Given the limited available land for rent due to the small planned area, the primary objective of this industrial park is to accommodate high-tech industries that require minimal labor.

II. Geographical Location of Nhon Trach II Industrial Park – Nhon Phu, Dong Nai Province

Nhon Trach II – Nhon Phu Industrial Park is situated in the Hiep Phuoc and Phu Hoi communes, Nhon Trach District, Dong Nai Province.

Located at a pivotal transportation hub in the southern key economic region, Nhon Trach II – Nhon Phu enjoys numerous advantages in terms of road, waterway, and air connectivity, which make it a compelling destination for investment and socioeconomic development. Specifically:

Industrial Park Boundaries

• To the East, it borders Nha Trang II Industrial Park – D2D and Nha Trang II Industrial Park – Loc Khang.
• To the West, it is adjacent to the inter-industrial park road.
• To the South, it shares a border with the main urban axis of Road 25C.
• To the North, it borders Nhon Trach II Industrial Park – D2D.

Connectivity to Seaports

• 36 km from Dong Nai Port.
• 33 km from Tan Cang – Cat Lai.
• 38 km from Tan Cang – Cai Mep.
• 25 km from Go Dau Port.
• 43 km from Saigon Port.

Connection to Train Stations

• 41 km from Bien Hoa Station.
• 38 km from Song Than Station.
• 32 km from Saigon Station.

Proximity to the Nearest Airport

• 40 km from Tan Son Nhat International Airport.

Connect with Other Administrative Service Centers

• 38 km from Bien Hoa City.
• 48 km from Ho Chi Minh City.
• 61 km from Vung Tau City.

This strategic location has facilitated diverse regional connections, making it convenient for transportation, movement of goods, and sourcing raw materials from surrounding industrial parks. Additionally, Nhon Trach II – Nhon Phu Industrial Park benefits from favorable natural conditions, including:

• Climatic Conditions: Sub-equatorial tropical monsoon climate with two distinct seasons—rainy season and dry season. The average temperature is 32 degrees Celsius, with an average humidity of 79%. The rainy season spans from May to October.
• Altitude Above Sea Level: 25,2 meters.
• Soil Conditions: Sturdy ground with red gravel.

With such favorable conditions, this location has become one of the industrial parks in Dong Nai Province that attracts the most investment capital.

III. Infrastructure of Nhon Trach II Industrial Park – Nhon Phu

Nhon Trach II – Nhon Phu Industrial Park, strategically positioned at a vital transportation hub in the southern key economic region, benefits from excellent roads, waterways, and air connectivity, making it an attractive destination for investment and socioeconomic development. Recognizing its significance, the project investor has consistently invested in and completed the infrastructure system to promptly cater to the socio-economic development needs of the local and regional community.

IV. Industries that Attract Investment

Nhon Trach II – Nhon Phu prioritizes the development of light industries, those that leverage high technology and require minimal labor. Some of the industries that draw investment interest here encompass:

• Light industry: Textile, footwear.
• Assembly of electronic components and equipment.
• Aromatic chemicals and cosmetics industry.
• Construction materials and interior decoration.
• Mechanics and machinery manufacturing.
• Food industry, pharmaceuticals, and agricultural product processing.
• Processing of livestock, poultry, and seafood.
• Rubber processing, including various types of tire covers.
• Steel and chemical industries.
• Metal plating, coating, and polishing industry.

V. Investment Incentive Policies in Nhon Trach II – Nhon Phu, Dong Nai

In addition to substantial investments in infrastructure, the investor offers favorable investment policies that significantly contribute to Nhon Trach II – Nhon Phu Industrial Park’s appeal to numerous businesses and investors.

Corporate Income Tax Incentives

The investor of this industrial park presents highly attractive incentives regarding corporate income tax. These incentives are as follows:

• The corporate income tax rate is 20%.
• Exemption from corporate income tax for the initial 2 years and a subsequent 50% reduction of tax payable for the subsequent 4 years.

Import and Export Tax

Businesses will enjoy exemptions from import taxes on goods imported for the establishment of fixed assets, such as raw materials, supplies, and components for their projects.

Value Added Tax (VAT) Incentives

VAT incentives at Nhon Trach II Industrial Park – Nhon Phu are outlined as follows:

• A 0% tax rate applies to goods exported abroad or to construction and installation activities conducted by manufacturing enterprises (with the exception of unprocessed mineral resources intended for export).
• Tax rates of 5% and 10% are applied to certain specific industries, in accordance with Vietnamese law.

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

Investment costs in this industrial park are as follows:

Note: The above costs do not include VAT.

VII. Labor Resources and Labor Costs

Nhon Trach District, Dong Nai Province, is an area with a significant working-age population. Consequently, Nhon Trach II – Nhon Phu Industrial Park consistently benefits from a stable local labor pool.

Furthermore, this industrial park is part of the Nhon Trach industrial cluster, which exhibits the highest growth rate in Dong Nai. The cluster offers a comprehensive utility system, including housing, hospitals, schools, and more. This facilitates Nhon Trach II – Nhon Phu in attracting a substantial workforce from other provinces and cities to live and work.

The information provided above represents the latest and most comprehensive details about Nhon Trach II Industrial Park – Nhon Phu, Dong Nai, as shared by TTTFIC. If you have any questions, please leave a comment below this article, and we will be happy to provide answers.