Nhon Trach 3 Industrial Park

Nhon Trach III Industrial Park (Nhon Trach III IP) stands as a pivotal player in the industrial landscape of Dong Nai province, strategically located at the heart of the southern key economic region’s major cities. It is a vital catalyst for economic, social, and transportation development in the region and contributes significantly to the growth of the industrial and commercial center in the emerging city of Nhon Trach, Dong Nai.

Follow this article to delve into the world of Nhon Trach III with TTTFIC.

I. Overview

Established in 1997, Nhon Trach III Industrial Park was one of the pioneering projects that laid the groundwork for many future industrial parks in the Nhon Trach district. This project is a shining example of investment by Tin Nghia Corporation.

In comparison to other industrial parks in Dong Nai Province, Nhon Trach III stands out as a large-scale industrial park characterized by its rapid and sustainable growth. Simultaneously, this industrial park acts as a bridge for the region’s economic, social, and transportation development, impacting the broader southern key economic region.

Together with fellow industrial parks in Nhon Trach district, including Nhon Trach I Industrial Park, Nhon Trach II Industrial Park – Nhon Phu, Nhon Trach V Industrial Park, and Nhon Trach VI Industrial Park, Nhon Trach III forms a substantial industrial cluster, playing a pivotal role in boosting the local economy and addressing employment challenges in Dong Nai province and its surrounding areas.

II. Geographical Location

Nhon Trach III Industrial Park is strategically situated in Hiep Phuoc Town, Nhon Trach District, Dong Nai Province, Vietnam. It serves as a crucial transportation hub in the southern key economic region, offering excellent connectivity via roads, waterways, and air routes to attract investments and promote socio-economic development.

Adjacent Location

• The Northeastern boundary of the Industrial Park is adjacent to Lam Dong province.
• The Eastern boundary of the Industrial Park is adjacent to Binh Thuan province.
• The Southern boundary of the Industrial Park is adjacent to Ba Ria – Vung Tau province.
• Southwest of Ho Chi Minh City Industrial Park.
• The western boundary of the Industrial Park is adjacent to Binh Duong province.
• Northwest of Binh Phuoc Province Industrial Park.

Regional Connectivity

From Nhon Trach III Industrial Park, businesses can easily establish links with key areas and significant administrative centers through the external transportation network, including:

• From Long Thanh International Airport: 10 km
• From Cat Lai Port: 20 km
• From Phu My Port: 22 km
• From Bien Hoa station: 45 km
• Distance from Ho Chi Minh City center: 30 km (via Cat Lai ferry)
• Distance from Bien Hoa City: 45 km
• From Tan Son Nhat Airport: 70 km

This prime location elevates Nhon Trach III Industrial Park to an altitude of 28 meters above sea level. It boasts flat terrain with high compressive strength, averaging about 25 tons/m². Notably, Nhon Trach District in Dong Nai Province is less susceptible to storms, floods, and natural disasters, making it a favorable choice for constructing projects in heavy and light industries, especially in the high-tech sector, reducing costs and construction time significantly.

Thanks to its ideal geographical position and well-established transportation routes, Nhon Trach III Industrial Park is poised to attract smart investors and drive production development. It promises to contribute positively to the economic and industrial growth of Dong Nai province and the entire country.

III. Infrastructure System

At present, Nhon Trach 3 Industrial Park is increasingly appealing due to the rapid progress of its infrastructure development, complemented by various industrial park projects, Nhon Trach’s urban area, and Long Thanh district.

Road System

The industrial park’s road network has received comprehensive investments. All internal roads adhere strictly to national regulations and are paved with asphalt concrete. These internal roads are also equipped with a complete high-voltage lighting system. Specifically:

• The main trunk system spans a width of 61 meters, comprising 4 to 6 lanes.
• The internal traffic system ranges from 25 to 61 meters in width, including 4 to 6 lanes.

Electric Supply System

All factories and businesses within Nhon Trach III, Dong Nai, will receive power from the national grid, supplied at a voltage of 22 kV. Furthermore, the industrial park also receives electricity from the Formosa Thermal Power Plant, which has a capacity of 150 MW.

Water Supply System

The water supply for Nhon Trach III Industrial Park is sourced from two different locations:

• Nhon Trach Underground Water Plant with a daily capacity of 20.000 m³ for both day and night use.
• Thien Tan Underground Water Plant with a daily capacity of 200.000 m³ for both day and night use.

Wastewater Treatment

All industrial wastewater produced in Nhon Trach III Industrial Park is collected via separate pipelines and treated by the park’s centralized wastewater treatment system. The treated wastewater meets Grade A standards before being discharged into the environment. The wastewater treatment plant has a capacity of 14.000 m³ per day and night.

Communication Systems

The industrial park is connected to a high-speed internet system that adheres to international standards. This connectivity facilitates easy registration, connection, and utilization of telecommunications services provided by network operators for investors and businesses.

Drainage System

The industrial park has two distinct drainage systems running alongside internal roads: a rainwater drainage system and an industrial wastewater drainage system. Rainwater is channeled through separate pipes to the source, while industrial wastewater is transported through separate pipes to the wastewater treatment plant. This approach ensures that the surrounding environment and people’s lives remain unaffected.

Security and Fire Protection System

Nhon Trach III Industrial Park maintains a dedicated security team for patrolling and a highly equipped firefighting team with professional training. The park has equipped itself with the necessary tools and services to meet fire prevention and firefighting requirements. In addition, the area has established a regional security system, featuring 24/7 surveillance camera coverage and security teams that ensure the safety of individuals and protect the assets of workers and investors.

Other Amenities

The industrial park also provides various amenities, including resettlement areas, housing, hospitals, commercial centers, banks, and more, to cater to the needs of the workers based in the park.

IV. Industries Attracting Investment

Nhon Trach III Industrial Park offers significant advantages in terms of transportation, proximity to major roads, industrial park clusters, and abundant natural resources. As a result, it has become an attractive destination for both investors and workers. The industries that have already been invested in and developed within the park include:

• Assembly of electrical and electronic components, manufacturing dynamic machinery.
• Food industry, pharmaceuticals, flavors, and cosmetics.
• Construction materials and interior decoration industries.
• Mechanical manufacturing industry.
• Household appliances, electronics, and refrigeration industries.
• Service industries such as banks and post offices.

V. Investment Costs

In general, Nhon Trach III Industrial Park has slightly higher investment costs compared to other industrial parks in Nhon Trach Province. However, businesses consider this cost level reasonable given the economic value and potential capabilities that the industrial park offers.

Basic investment costs at Nhon Trach III Industrial Park can have the following summary:

*Note: The above price list does not include VAT and may change from time to time.

VI. Investment Incentives for Businesses

The Nhon Trach III industrial park project has committed to offering various investment incentives to attract businesses and significant capital for the park’s development. These incentives include:

Corporate Income Tax Incentives

• Investors in Nhon Trach III Industrial Park enjoy a preferential corporate income tax rate of 20%.

Tax Incentives

• The industrial park implements a preferential tax rate of 17% for a consecutive 10-year period starting from the first year in which the enterprise generates revenue from the project.
• After the expiry of the preferential tax rate, businesses are subject to a 20% tax rate.
• Tax exemption for the initial 2 years and a 50% reduction for the subsequent 4 years from the date of taxable income.
• The tax exemption and reduction period starts from the first year when the enterprise generates taxable income from the project. If the enterprise has no taxable income in the first 3 years from the start of revenue from the project, the tax exemption or reduction period will begin in the fourth year.

Import Tax

• Businesses are exempt from import tax for imported goods as per the provisions of Vietnamese law.

VII. Labor Sources and Labor Costs

Nhon Trach III Industrial Park primarily sources its labor force from local workers. The cost of hiring workers here is relatively economical, ranging from approximately $100 to $400 per person per month. This affordability benefits businesses by reducing labor costs.

Moreover, the industrial park boasts state-of-the-art infrastructure, comprehensive electricity and water supply systems, and a safe working environment, making it an attractive destination for workers from neighboring areas. Workers choose to live and work within the park, fulfilling the production and business needs of the thriving industrial park.

In conclusion, this article illustrates that Nhon Trach III Industrial Park is actively leveraging its strengths and development potential to attract substantial investments. In the near future, it is poised for further expansion, bringing greater economic value to Dong Nai province, particularly, and the Southern region as a whole. TTTFIC hopes that the information shared above is beneficial to you.