Phuc Long Industrial Park (Phuc Long IP) stands as a prominent industrial park in Ben Luc, Long An province, drawing considerable attention and interest from investors. The industrial park is currently a focal point for development and investment activities.
Join TTTFIC in exploring the content of this article to gain comprehensive insights into Phuc Long IP!
I. Overview of Phuc Long Industrial Park
Phuc Long IP is strategically situated at No. 400, National Highway 1A, Quarter 9, Ben Luc Town, Ben Luc District, Long An Province.
The industrial park’s prime location allows seamless connectivity to both road and waterway transportation systems, making it an attractive investment destination for numerous investors from Malaysia, Singapore, Taiwan, as well as significant domestic investors.
Investor of Phuc Long Industrial Park
The driving force behind the development of the Industrial Park is Phuc Long – Long An Investment and Construction Company Limited. Established on February 20, 2009, the company’s headquarters is situated at No. 400, National Highway 1A, Quarter 9, Ben Luc Town, Ben Luc District, Long An Province. With over a decade of construction efforts, the industrial park boasts an impressive occupancy rate exceeding 80%.
Land Use Structure in Industrial Parks
Phuc Long IP covers a total area of 79 hectares, with a rental price of 80 USD/m2 and a construction density of 60%. Operating at full capacity, the industrial park has a lease term of 50 years, spanning from 2009 to 2059.
The detailed land use structure in the Industrial Park is delineated as follows:
- Factory and warehouse land: 55,84 hectares.
- Administrative and service land: 1,76 hectares.
- Technical zone land: 0,9 hectares.
- Traffic land: 11,92 hectares.
- Land for trees: 8,52 hectares.
Overview of Phuc Long Industrial Park
Products and Services at the Industrial Park
Phuc Long IP offers a diverse range of products and services to businesses:
- Rent Ready-Built Factories and Custom-Built Factories:
- The industrial park features a complex of 39 factories covering over 14 hectares.
- Each factory ranges from 540 to 5.000 square meters.
- Current factory occupancy is at 76%, with anticipated waves of investment from Korea and Japan.
- Custom-built factories are available to meet specific customer requirements.
- Industrial Land for Rent:
- Thoughtfully planned and scientifically organized land plots facilitate the import, export, and circulation of goods.
- Office Rental:
- The industrial park provides office rental services with elegant, luxurious designs and full amenities, catering to the working needs of businesses.
- Commercial Services:
- Car rental for staff and worker transportation.
- Rental of large and small meeting rooms.
- Organization of events.
- Legal advice services.
- Provision of construction materials such as color-coated steel, galvanized steel, etc.
II. Location of Phuc Long Industrial Park
Phuc Long IP is situated at No. 400, National Highway 1A, Quarter 9, Ben Luc Town, Ben Luc District, Long An. The neighboring locations are defined as follows:
- North: National Highway 1A.
- South: Chanh canal.
- East: Rice fields.
- West: Rice fields and Phuc Long resettlement area.
The strategic geographical location, proximity to important traffic hubs, and accessibility to neighboring industrial parks make Phuc Long IP a preferred choice for businesses.
Traffic:
- The industrial park is approximately 3 km from the Ho Chi Minh City – Trung Luong Expressway.
- About 3 km from BourBon port.
- Around 18 km from Hiep Phuoc port.
- 20 km from Saigon port.
- 25 km from Cat Lai port.
Utilities Connecting to Administrative Centers:
III. Phuc Long Industrial Park Infrastructure
In addition to its advantageous location, Phuc Long IP boasts a comprehensive and modern infrastructure system.
Traffic System:
- Adjacent to National Highway 1A, Ring Road 4, City Expressway, and other major roads.
- Proximity to Vam Co Dong river, BourBon seaport (3 km), facilitating import and export activities.
Electricity Distribution System:
- Supplied by Ben Luc power station with a transformer station capacity of 110/220kv, 65MVA.
- Electricity prices follow Decision No. 648/QD-BCT dated March 20, 2019.
Water Supply System:
- Supplied by two plants with a total capacity of 57.200 m3/day and night, meeting QCVN 02:2009/BYT standards.
Wastewater Treatment System:
- Total capacity of 4.300 m3/day and night with automatic monitoring stations ensuring treated wastewater quality.
Rainwater Drainage System:
- Separate from the wastewater system, utilizing specialized sewers (F300-F600) draining to Chanh canal.
Fire Protection System:
- Fire hydrants placed with a distance of 120 – 150 m/pole, complemented by a 500 m3 water tank and a fire truck within 3 km.
Communication Systems:
- Utilizes VNPT’s information system with underground fiber optic cable, providing 1.000 numbers, ADSL, and telecommunications to meet business requirements.
Panorama of Phuc Long Industrial Park – Long An Province
Green Tree System and Environmental Protection
Phuc Long IP allocates 11% of its land fund for tree planting, creating shaded areas along sidewalks and roads. Additionally, community living areas will feature flowers and ornamental plants, enhancing the overall landscape aesthetics.
Daily waste collection services provided by Ben Luc Urban Environment Company ensure the cleanliness of the industrial park. Solid and toxic waste is collected and processed by specialized units at the secondary investor’s factory.
Outside Amenities
Within a 2km radius, Phuc Long IP benefits from various amenities, including:
- 500m from Ben Luc Customs Department.
- Approximately 2km from major banks such as Vietcombank, Sacombank, OCB, ACB…
- Adjacent to Phuc Long Garden, a street specializing in providing houses, apartments, and land.
- Proximity to healthcare facilities: Ben Luc General Hospital, Van An General Clinic…
IV. Industries Attracting Investment in Phuc Long Industrial Park
Phuc Long IP has become a magnet for investment in various industries, including:
- Electronics and Telecommunications Industries.
- Mechanical Engineering and Metallurgy.
- Food and Beverage Processing Projects.
- Pharmaceutical and Cosmetic Projects.
- Stationery Projects.
- Garment Projects.
- Interior Decoration Equipment Production Projects.
- Solid Waste Treatment Projects.
- Weaving and Dyeing Industries.
V. Investment costs in industrial parks
| Electricity price | Peak hour 0,1 USD/KWh. Normal hours: 0,05 USD/kWh. Off-peak hours: 0,03 USD/KWh. |
| Water price | Maintain the standard level of 0,46 USD/m3 paid monthly. |
| Infrastructure management and maintenance fees | 0,46 USD/m2/year. Minimum rental area is 1 hectare. |
| Land rents | 80 USD/m2 for 50 year lease period. |
| Cost of wastewater treatment | 0,36 USD/m3. Pay monthly or quarterly. |
VI. Investment Incentives
Phuc Long IP offers significant corporate income tax incentives, including:
- 100% corporate income tax exemption for the first 2 years.
- A 50% reduction in payable tax for the subsequent 4 years for private income generated from implementing new investment projects.
Enterprises benefit from cost savings on factory investments, given the availability of pre-built factory structures within the industrial park. Additionally, businesses can enjoy reduced freight costs due to the industrial park’s close proximity to seaports and airports.
VII. Labor Resources and Costs
Phuc Long Industrial Park strategically sources its labor force from vocational training centers and employment exchanges, ensuring easy and convenient recruitment of highly qualified workers. The system of job introduction centers includes:
- Long An Industrial University.
- Long An Vocational College.
- Long An Economic and Technical Intermediate School.
- Vietnamese – Japanese Intermediate School Long An.
- Long An Job Introduction Center.
As one of the prominent industrial parks in Long An province, Phuc Long Industrial Park benefits from an abundant and stable labor source. The presence of a young, highly skilled labor force streamlines the recruitment process for businesses, saving time and eliminating the need for extensive training.
Despite its relatively small size, Phuc Long Industrial Park boasts several advantages, including its strategic location, nearby amenities, and well-established infrastructure. Notably, the industrial park extends attractive preferential policies to businesses, contributing to its impressive 80% occupancy rate.
In conclusion, this article provides comprehensive information about Phuc Long Industrial Park in Long An province. It aims to assist businesses in making informed decisions when choosing to invest in industrial parks.
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.
Industrial real estate in industrial zones, Vietnam
TTTFIC Group
Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.
https://tttfic.com
https://tttland.vn
https://24hbdfic.com
https://ttic.vip
https://247bdipss.com
