Factory for Lease in Dong An 2 Industrial Park
- Price: $ 4 /sqm/month
- Area: 10.000 SQM
Tay Bac Cu Chi Industrial Park (Tay Bac Cu Chi IP), situated in Ho Chi Minh City, stands as a pivotal industrial hub with substantial potential for development, consistently attracting significant investment capital. Despite being operational for nearly three decades, the allure of this industrial park shows no signs of waning, owing to a myriad of factors. Let’s delve into these factors with TTTLAND in this article.
Established in Phase 1 based on the Government’s Decision No. 405/TTg dated June 11, 1997, and expanded to Phase 2 on October 2, 2017, following Decision No. 5058/QD-UBND.2012 by the People’s Committee of Ho Chi Minh City, Tay Bac Cu Chi IP has been a key player in the region’s industrial landscape. This industrial park, one of the four major industrial parks in Cu Chi, alongside Tan Phu Trung Industrial Park, Bau Dung Industrial Park, and Southeast Cu Chi Industrial Park, is invested in by Cu Chi Industrial and Trade Development Investment Corporation.
The industrial park spans a total planned area of 381,24 hectares, divided into two phases:
Tay Bac Cu Chi IP concentrates on developing light industries, electronics, and high-tech industries. It adheres to modern, environmentally friendly trends, minimizing negative impacts on the environment and ensuring safety for nearby residents.
In Phase 1, the industrial park attracted 44 investors, including 29 foreign investors from the UK, USA, Australia, Thailand, Hong Kong, Taiwan, Germany, Malaysia, South Korea, and Vietnam. Currently, the industrial park has achieved a 100% occupancy rate with long-term operations from businesses, thanks to favorable policies and meeting investors’ essential requirements.
Several notable companies and enterprises in the industrial park include Phuc Tuong Asia Joint Venture Company (Vietnam, Hong Kong), ATKM – My Company Limited, Aerotech Company Limited (UK), AROMA AMERICAN LLC (Australia, USA, Thailand), Cao Mau Co., Ltd. (Taiwan), Ben Thanh Rubber Joint Stock Company (Vietnam), CARAVANS Vietnam – Australia Co., Ltd., Dung Tien Company Limited (Vietnam), CHUANPLUS Vietnam – Malaysia Co., Ltd., Can Gio Pharmaceutical Joint Stock Company (Vietnam), Gia Minh – My Company Limited, GUHRING Vietnam – Germany Co., Ltd., IS Vietnam – Korea Co., Ltd., LSPACK Company Limited (England, Thailand), Nam Quang Co., Ltd. (Vietnam), Ngoc Nghia Plastic Joint Stock Company (Vietnam), and more.
The concentration of such prominent companies has led to a surge in the demand for a large workforce and increased housing needs, resulting in the growth of residential areas near these industrial parks.
The strategic geographical location of Tay Bac Cu Chi IP in Ho Chi Minh City is a key factor contributing to its vast development potential.
Situated in Tan An Hoi commune and Trung Lap Ha commune, the industrial park shares boundaries with four key routes:
Beyond its immediate surroundings, the industrial park enjoys an advantageous position for seamless communication, transportation, and trade with other areas. Key regional links include:
Located 35 km from the heart of Ho Chi Minh City, this industrial park maintains a safe distance, ensuring operational efficiency without causing disruptions to densely populated residential areas. Moreover, its strategic adjacency to major roads facilitates convenient transportation, offering promising investment and development opportunities for investors. The industrial park’s frontages on major roads, national highways, and Trans-Asia roads not only facilitate the movement of local workers but also enhance accessibility for workers and residents from neighboring provinces and cities.
Referred to as a “paradise for investors,” the industrial park boasts a comprehensive and modern infrastructure system that remains new and efficient even after nearly 30 years of operation, thanks to regular maintenance and warranties.
The internal roads within the industrial park are spacious and well-designed. The main road is 46-38m wide, while secondary roads are 18m wide. This road network can accommodate large trucks and provides convenient connections to key economic areas. Lighting systems are installed along the routes, ensuring well-lit public areas, and are designed separately from the power supply system for factories and businesses.
The drainage system in the industrial park is meticulously planned, with rainwater and wastewater managed separately:
The industrial park features a modern wastewater treatment system with a substantial capacity of 5.000 m³/day and night. This system ensures prompt waste treatment, prioritizing the reduction of water and environmental pollution issues.
Investors in Tay Bac Cu Chi IP enter into service contracts with licensed professional waste treatment units in compliance with regulations.
The industrial park has invested in a specialized water supply network, alleviating concerns about water shortages and ensuring an ample water supply for all factory and business needs.
Businesses in Tay Bac Cu Chi IP benefit from a robust power supply with a capacity of 2 × 40 MVA, a voltage of 110/35/22. This ensures high and stable operational capacity, safeguarding work processes and daily life activities.
The industrial park is fully equipped with a comprehensive fire protection system, including fire trucks and 24/7 fire prevention teams ready to respond swiftly to any fire or explosion incidents.
Investments in communication systems meet international standards, catering to the diverse needs of businesses in Northwest Cu Chi.
Apart from the aforementioned infrastructure systems, the industrial park provides additional services such as labor services, specialized skills training, container warehousing and transportation, import-export services, fuel oil and gas supply, and other services tailored to investors’ requirements.
To address the essential needs of the workforce, the investor has focused on public amenities, including medical examination and treatment stations, sports facilities, parks, bank transaction offices, residential areas, and canteens.
Striving to become a modern, environmentally friendly industrial park with minimal negative environmental impacts, Northwest Cu Chi actively attracts investments in the following light industries:
Tay Bac Cu Chi IP – Ho Chi Minh boasts a prime and well-connected location with modern utility services, and the land rental prices and services offered are highly competitive, making it an ideal choice for businesses of all sizes.
If you are seeking information on investment costs in this industrial park, you can refer to TTTFIC price list below.
|150 USD/m2.Minimum rental area from 1 hectare (can change depending on time and location of industrial park land lot)
|Factory rental price
|Infrastructure management fee
|0,4 USD/m2/year (including maintenance fees for infrastructure and industrial park lighting).
|Cost of wastewater treatment
|0,27 USD/m3/month.(Current water price of water supply company)
|Calculated based on the electricity price schedule of Ho Chi Minh City Electricity Company (EVN) as follows:
Note: This price list does not include VAT and prices may change based on market fluctuations.
To aid businesses in saving a portion of their investment costs and facilitate investors in shortening the payback period while achieving high profitability rates, Tay Bac Cu Chi IP has introduced several investment incentive policies for businesses, as outlined below:
Salary for Workers: Presently, Tay Bac Cu Chi IP, situated in Tan An Hoi commune and Trung Lap Ha commune, Cu Chi district, Ho Chi Minh City, falls under Region I. Consequently, the minimum salary stands at 4.680.000 VND/month.
Main Source of Labor for the Industrial Park: Cu Chi district boasts a population of around 100.000 people, with a significant proportion of them falling within the working age bracket. This proves advantageous for businesses in Tay Bac Cu Chi IP, ensuring a steady local labor pool.
Moreover, the industrial park benefits from labor resources originating from other areas and highly qualified experts from central Ho Chi Minh City and other major cities like Hanoi, Da Nang, Hai Phong, Binh Duong, Dong Nai, etc.
An abundant and stable labor source alleviates concerns about labor shortages, presenting a substantial advantage for potential investors to consider in their investment decisions.
By attracting and promoting production activities, Tay Bac Cu Chi IP significantly contributes to the region’s economic development, generating employment opportunities for thousands of workers. This not only ensures a stable livelihood for a large workforce but also enhances their overall quality of life.
After two phases of operation and expansion, Tay Bac Cu Chi IP has achieved robust and sustainable development, playing a pivotal role in establishing Ho Chi Minh City as the leading industrial center in Vietnam. This article provides crucial information about Tay Bac Cu Chi IP, courtesy of TTTFIC.
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