If you are an investor looking for an ideal location for production investment, Ong Keo Industrial Park in Dong Nai province is the perfect choice. With the ongoing development of the industry in Vietnam, coupled with modern amenities and a convenient location, this industrial park is sure to provide significant value to businesses. Explore more with TTTFIC in the following article.
I. Overview of Ong Keo Industrial Park
Ong Keo Industrial Park is one of the 9 major industrial park projects in Nhon Trach that has been operational, with a planned area of up to 823,47 hectares.
Ong Keo Industrial Park is one of the largest and most developed industrial parks in Dong Nai province
Information on Industrial Park Investors
Tin Nghia Corporation invests in and builds the project. The corporation is located at No. 96 Ha Huy Giap, Quyet Thang Ward, Bien Hoa City, Dong Nai Province.
With over 30 years of operation, Tin Nghia Corporation has become a dominant player in the industrial real estate market, urban real estate market, and various related fields.
The corporation owns 10 subsidiaries (with a capital contribution of over 50%), 3 affiliated units, and 6 joint venture companies (with a capital contribution of less than 50%). Its annual sales exceed 10.000 billion VND, and it has been consistently voted as one of the 200 largest enterprises in Vietnam.
Ong Keo Industrial Park (IZ) received approval from the People’s Committee of Dong Nai Province for its detailed planning at a 1/2000 scale in Decision No. 2557/QD-UBND dated July 10, 2007, as a large-scale industrial park project. It is the largest in Nhon Trach, covering a total area of 855,6 hectares, with an industrial park land area of 823,47 hectares and 32,15 hectares of land with an inter-port road of 61m.
The land use structure in this industrial park is as follows:
Industrial parkland: 515,24 hectares.
Service center land: 61,31 hectares.
Green land and water surface: 162,44 hectares.
Technical infrastructure: 7,55 hectares.
Roads and transit ports: 109,06 hectares.
With these advantages, the industrial park has attracted major businesses such as Sun Steel Co., Ltd. of Taiwan, Sanrimjohap of Korea, Vietnam Electricity Corporation, Traffic Mechanical Company No. 2, and more. The occupancy rate is expected to surpass 60% by 2023, and the industrial park land fund can accommodate 10-20 domestic and foreign projects in the near future.
Taking full advantage of the development opportunities in Nhon Trach District and regionally significant infrastructure projects, Ong Keo Industrial Park is progressing at a faster pace than in previous periods.
II. Geographical Location of Ong Keo Industrial Park – Dong Nai
Sitting in Phuoc Khanh Commune, Nhon Trach District, Dong Nai, this industrial park is in an area experiencing rapid infrastructure development and hosting numerous transport projects of regional significance. It is located right next to Ho Chi Minh City. Ho Chi Minh City provides favorable traffic conditions, especially in waterway traffic:
Particularly, thanks to the Dong Nai River system and neighboring large ports, the transportation of goods by water is very convenient.
Due to these strengths, during the past operating period, Ong Keo Industrial Park has consistently prioritized and focused on developing industries, construction, and service sectors that require the use of the on-site port.
III. Industrial Park Infrastructure System
The infrastructure system here has been fully invested in and equipped with the most modern facilities in the country.
Internal Transport Network
All internal roads of Ong Keo Industrial Park are designed and constructed in strict compliance with national regulations and are completed with asphalt concrete.
The internal traffic system is reasonably designed to ensure smooth traffic throughout the industrial park, with the following specifications:
Main roads in the industrial park: include 4 lanes and 40 m wide.
Branch roads in the industrial park: include 2 lanes 22m wide.
Internal roads are fully equipped with a complete and aesthetically pleasing high-voltage lighting system.
All areas in the industrial park are linked to the internal road system, ensuring easy internal circulation.
Electric Supplying System
The power supply to the industrial park is sourced from the 110/35/22KV transformer station. The high voltage power network provided along the internal traffic in the industrial park is always ready to serve and meet the demand for electricity used in production for the industrial parks and limit electricity overload.
Water Supply System
Clean water is provided to each factory and business in the Industrial Park with a capacity of 30.000 m3/day from the clean water plant. Additionally, the Industrial Park can also use water supplied from the Thien Tan water plant, with a capacity of 200.000 m3/day and night, and from the Nhon Trach underground water plant with a capacity of 20.000 m3/day and night.
Water is supplied to the factory fence using an international standard water supply pipe system.
Water, Exhaust Gas, and Waste Treatment Systems
Wastewater is collected to the industrial park’s wastewater plant by separate pipes, then treated to meet water standard A (QCVN 40:2011/BTNMT) before being discharged into the industrial park’s general system. The wastewater plant was built with a treatment capacity of 2.900 m3/day – night.
Waste is collected and transported out of the industrial park by factories in the industrial park to avoid causing environmental pollution.
The exhaust gases from factories undergo treatment through a filtration system. This treatment follows national standards and occurs before discharging the gases into the natural environment. The aim is to prevent environmental pollution.
Communication Systems
All businesses in Ong Keo Industrial Park have underground communication cable systems installed.
This system will be provided to the fence of each factory by an international standard cable system, and the transmission speed parameters are:
ADSL: maximum 8MB/s.
Fiber optic cable: maximum 90MB/s.
The connection system between the industrial park’s communication center ensures all communication needs. It is capable of providing necessary services such as a private switchboard, international calling, remote conferencing, leased lines, high-speed internet, email, etc., through the postal and telecommunications network.
Fire Prevention and Fighting System
To ensure the safety of workers and businesses during fire or explosion incidents, the industrial park has invested in installing warning, prevention, and firefighting systems. These systems strictly comply with national regulations.
To ensure effective protection against fire and explosion incidents throughout the entire area, we strategically install fire hydrants at internal traffic hubs and each factory.
Warehouse and Port Services
In Ong Keo Industrial Park, there has been an investment in building a port system with a capacity of 30.000 tons. This system serves businesses in the industrial park and surrounding areas, facilitating the import and export of goods.
Factory in Ong Keo Industrial Park – Dong Nai Province – TTTFIC GROUP
IV. Industries Attracting Investment in Ong Keo Industrial Park
The advantageous location and infrastructure systems make this industrial park one of the prime locations in Dong Nai province for developing heavy industries. These industries, including shipbuilding, metallurgy, automobile manufacturing, thermal power production, and construction materials, benefit from the access to the port in Dong Nai province.
The industrial park is focusing on attracting investment in the following specific industries:
Production and processing of lubricants, gas, and liquefied petroleum gas.
Chemicals (excluding basic chemicals).
Medicine.
Cosmetics.
Food.
Power production.
Post and Telecommunication.
Mechanical.
Paper manufacturing industry (excluding pulp export process).
Plastic and rubber production (excluding latex processing).
Building materials.
Textiles (not dyed).
Leather shoes (no tanning).
Service industries,…
V. Investment Costs at Ong Keo Industrial Park – Dong Nai
You can refer to the costs when investing in Ong Keo Industrial Park as follows:
Fee type
Payment level
Land rents
Ranging from 160 USD/m2, depending on the location of each plot of land.(Land lease term until 2058).
Infrastructure management and maintenance fees
0,5 USD/m2/year.
Cost of wastewater treatment
0,32 USD/m3/ month.
The input processing standard is class B.
The output processing standard is class A.
Water price
0,48 USD/m3/month (11.500 VND/m3).(Current water price of water supply company)
Electricity price (voltage from 6kV-22KV)
0,05 USD/kWh/month.Calculated based on the electricity price schedule of Dong Nai Provincial Electricity Company (EVN).
Solid waste treatment fee
According to the regulations of the Provincial People’s Committee and the Industrial Park Management Board
Note:
The above price list does not include VAT.
The price list for land and factories for rent changes depending on different times in the market.
VI. Investment Incentives in Ong Keo Industrial Park – Dong Nai
The investor of this project always offers and applies preferential investment policies for businesses coming here:
Legal support and investment consulting in fields related to industrial real estate.
Investment promotion (land, factories) in industrial parks, industrial clusters, and commercial and service land…
Connecting industrial real estate investment cooperation.
VII. Labor Sources and Labor Costs in Industrial Parks
Labor is an important factor that affects the sustainable development process of each business. For Ong Keo Industrial Park, stability, abundance, and quality of labor are constant factors. This includes both local labor sources and individuals from other provinces and cities coming to work.
Ong Keo Industrial Park boasts abundant and diverse local human resources. Most of them are young, highly qualified, and willing to work for lower salaries compared to other industrial parks. This helps businesses save costs and increase labor productivity.
The favorable location isn’t the only contributing factor. The policies, proposed by the project investor, supporting training and skills development for workers also play a crucial role in attracting an abundant and qualified labor source to this industrial park. Professional qualifications from neighboring provinces such as Ho Chi Minh City, Binh Duong Province, Ba Ria – Vung Tau Province…
VIII. Economic Value and Development Potential of the Industrial Park
With its central location in Nhon Trach district, the region benefits from a comprehensive development policy and excellent transportation conditions, especially waterway transportation. This has unlocked numerous development opportunities for the area. Ong Keo Industrial Park achieves significant breakthroughs for the economy of Dong Nai province. This impact extends to the Southern region as a whole.
In 2020, Dong Nai province invested and built many transportation infrastructure projects, including the Dai Phuoc – Phuoc Khanh – Phu Huu – Phu Dong inter-port road, helping to connect with Ring Road 3, road to Phuoc An Port, road 25C, road to Ong Keo industrial park, and opens the 2020 – 2030 target for Ong Keo industrial park to become an industrial park with a high growth rate and attract FDI capital.
Ong Keo Industrial Park has attained the Southern region’s fastest development rate. This success can be attributed to the set goals and supporting policies of the People’s Committee of Dong Nai province, along with the available advantages. This success contributes significantly to the country’s economy by generating great economic value.
Above is the information about Ong Keo Industrial Park that TTTFIC wants to share with you. With the strong development of the industry today, Ong Keo Industrial Park will certainly become an ideal destination for investors.
The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.
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