I. Overview of Tan Khai II Industrial Park – Binh Phuoc
Legal information about the Industrial Park
Tan Khai II Industrial Park is situated within the Tan Khai Industrial Park, which was approved in the detailed planning project by the People’s Committee of Binh Phuoc Province. Procedures are currently underway for investment and infrastructure development.
Decision No. 1107/QD-TTg dated August 21, 2006, by the Prime Minister on the development planning of industrial Parks in Vietnam until 2015 and the direction towards 2020.
Official Dispatch No. 1624/TTg-KTN dated September 11, 2009, by the Prime Minister on the adjustment and supplementation of the industrial park planning in Binh Phuoc Province.
Decision No. 1663/QD-UBND dated June 17, 2009, by the People’s Committee of the province, approving the detailed planning project of Tan Khai II Industrial Park, Tan Khai commune, Binh Long district, Binh Phuoc province.
Additionally, the Industrial Park was granted Investment Certificate No. 44221000083 on December 22, 2009, by HHP Investment and Development Joint Stock Company, the infrastructure investor.
Procedures are currently underway for investment and infrastructure development.
Industrial Park Scale
- Total planned area: 344 hectares.
- Administrative, service, and management land: 9,66 hectares.
- Industrial land: 237,66 hectares.
- Green space: 39,17 hectares.
- Technical infrastructure land: 8,95 hectares.
- Transportation land: 41,53 hectares.
- Warehouse land: 7,03 hectares.
The total investment capital of the Industrial Park is 512.195.000.000 Vietnamese dong, along with an industrial land area for the lease of 237,66 hectares. The current total investment capital implemented is 180.000.000.000 Vietnamese dong.
Information about the investor
Primary Investor: HHP Investment and Development J.S.C.
Address: Team 2, Hamlet 2, Thanh Tam Commune, Chon Thanh District, Binh Phuoc Province, Vietnam.
Investor 2: LUCKY AGRICULTURE & ANIMAL HUSBANDRY CO., LTD.
Address: Tan Khai II Industrial Park, Tan Khai Town, Hon Quan District, Binh Phuoc Province, Vietnam.
Choosing to invest in the Industrial Park offers numerous advantages:
- Strategic location for industrial development, flat terrain, and convenient transportation due to proximity to National Highway 13.
- Ongoing infrastructure development, eligible for investment incentives.
Master plan map of Tan Khai 2 Industrial Park – Binh Phuoc – TTTFIC Group
II. Geographic Location of Tan Khai II Industrial Park – Binh Phuoc
Tan Khai II Industrial Park is located in Tan Khai commune, Hon Quan district (formerly part of Binh Long district), Binh Phuoc province, Vietnam.
Regional Connectivity
- North: Borders Binh Long town and Loc Ninh district; adjacent to residential and service areas.
- South: Borders residential land; adjacent to Chon Thanh district.
- East: Borders Bu Gia Map district and Dong Phu district; adjacent to National Highway 13.
- West: Borders residential land; adjacent to Tay Ninh province.
Distances
- Distance to Ho Chi Minh City: 95 km.
- Distance to Tan Son Nhat International Airport: 70 km.
- Distance to Thanh Phuoc River Port: 54 km.
- Distance to Saigon Port: 77,4 km.
- Distance to Song Than Railway Station: 63,1 km.
- Distance to National Highway 13: 0 km.
Terrain: Gently sloping towards the East, relatively flat, suitable for construction projects during project implementation.
III. Infrastructure of Tan Khai II Industrial Park – Binh Phuoc
Transportation System
- The main road D1 connects the Industrial Park to National Highway 13, serving as a significant transportation axis.
Electricity Supply System
- Initially, the national power source was through the 220Kv line, followed by the construction of a 110/220Kv substation dedicated to the Industrial Park.
Water Supply and Drainage System
- Water supply: In the initial phase, groundwater is used from drilling wells. In the later phase, water from the Srok Phu Mieng hydroelectric reservoir is utilized.
- Wastewater drainage: Rainwater is discharged into streams, and industrial wastewater within the Industrial Park is centrally treated to meet environmental standards.
Communication System
- Interlinked with the Hon Quan district switchboard, it’s structured with branching cable lines extending to distribution cabinets for each Park within the Industrial Park.
Current Environmental Status
- Due to limited urbanization, sparse vegetation and population density contribute to a relatively favorable climate and environment.
- Tan Khai II Industrial Park’s proximity to residential areas along major roadways will be considered in landscape planning, with an emphasis on greenery and selective industrial types to minimize environmental impact and enhance the area’s aesthetics.
Other Public Facilities
- Designated areas are planned for various service facilities, including restaurants, post offices, banks, sports and cultural entertainment venues.
- Distribution of warehouse areas is evenly arranged within the Industrial Park for storage and firefighting facilities.
A perspective on Tan Khai 2 Industrial Park – Binh Phuoc – TTTFIC Group
IV. Key Industries Attracting Investment in Tan Khai II Industrial Park – Binh Phuoc
- Garments, footwear, paper packaging processing;
- Electrical, electronics, and appliances manufacturing;
- Machinery production, mechanical engineering, machinery repair, construction mechanicals, equipment components;
- Building materials production, ceramics, household wooden items, metal-plastic products, household tools, and equipment.
V. Investment Costs in Tan Khai II Industrial Park – Binh Phuoc
Land rental with complete infrastructure: 65 USD/m2. Lease term until 2059, payable annually.
Warehouse rental: 3 USD/m2/month.
Management fee: 0,4 USD/m2/year.
Electricity charges follow the regulations of Binh Duong Provincial EVN:
- Peak hours: 0,1 USD/kWh/month
- Normal hours: 0,05 USD/kWh/month
- Off-peak hours: 0,03 USD/kWh/month
Clean water supply provided by Government-appointed suppliers; priced at 0,4 USD/m3/month.
Wastewater treatment fee: 0,28 USD/m3/month.
VI. Investment Incentive Policies in Tan Khai II Industrial Park – Binh Phuoc
By Provincial policies.
Following Resolution No. 31/2017/NQ-HDND dated July 19, 2017, issued by the People’s Council of Binh Phuoc Province, regarding incentives and investment encouragement within the province.
Depending on the investor’s industry of operation, different levels of corporate income tax incentives are applicable. Generally, the following tax incentives for corporate income tax apply:
- Tax exemption for 2 years and 50% reduction in tax payment for the subsequent 4 years. Exemption and reduction period: Calculated continuously from the first year of taxable income from the new investment project to enjoy tax incentives.
- Tax rate of 17% for 15 years. Applicable incentive tax rate period: Calculated continuously from the first year the enterprise generates revenue from the new investment project…
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
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