Tran Quoc Toan Industrial Park

I. Overview of Tran Quoc Toan Industrial Park:

Tran Quoc Toan Industrial Park was established according to Decision No. 2355/QD-UBND.HC dated December 28, 2005, by the People’s Committee of Dong Thap Province.

• Dong Thap Construction & Building Materials Joint Stock Company is the investor in the technical infrastructure of Tran Quoc Toan Industrial Park. The company directly handles the procedures for enterprises to lease land for investment and production.

Tran Quoc Toan Industrial Park is located on National Highway 30, Ward 11, Cao Lanh City, Dong Thap Province.

• The industrial park is situated on the southern bank of the Tien River, with a port for 5,000-ton ships and a 200-ton crane pair for loading and unloading goods and raw materials.
• It is convenient for transportation by waterway, and road to other provinces in the Mekong Delta, Ho Chi Minh City, Cambodia, etc.
• It is 160 km from Ho Chi Minh City, 80 km from Can Tho City, and 70 km from the Cambodia border (Dinh Ba International Border Gate).

The Industrial Park has inherent potential. The investment focus of the provincial leadership and the relentless efforts of its staff are contributing to its improvement. It is asserting itself as the most effective investment and production location.

II. Infrastructure of Tran Quoc Toan Industrial Park:

• Transportation System: Main road system: 900 meters long, 16 meters wide, with 2 lanes, each lane 8 meters wide, and sidewalks on each side 7 meters wide. Internal traffic system secondary roads such as. Road No. 4, is 800 meters long, 10 meters wide with two lanes, and sidewalks on each side 7 meters wide. Road No. 6, is 800 meters long, 22 meters wide with two lanes, and sidewalks on each side 7 meters wide.
• Electricity system (maximum capacity): Using the national power grid with a station of 110/22KVA.
• Water system: Using groundwater with a capacity of 2,500 m3/day and night.
• Wastewater system: Preparing to build a centralized wastewater treatment plant with a capacity of 250 m3/day and night.
• Lighting system: Having a lighting system to ensure security and order in the industrial park.
• Communication system: Modern telecommunication network that meets the needs of investors.
• Security system: Having security checkpoints at the entrance of the industrial park.
• Waste collection: enterprises contact the unit in charge of solid waste collection, which is Dong Thap Urban Water Supply and Environment Joint Stock Company.
• Landscape system, environment: There are sidewalks for pedestrians, and green trees create a clean and beautiful landscape.

In addition, there are supporting facilities around the area that meet the needs of workers and experts working in the industrial park such as:

• Hotels: There are well-equipped and high-quality service hotels in Cao Lanh City (Song Tra, Hoa Binh, etc.)
• Schools/Kindergartens: There are schools and kindergartens located relatively close to the industrial park.
• Market and supermarkets are in operation.

III. Industry attracting investment in Tran Quoc Toan Industrial Park:

The industrial park’s investment-attractive sectors include:

• Seafood processing, animal feed production for livestock and poultry,
• Building materials, agricultural machinery, electrical and electronic equipment,
• Garment and footwear manufacturing,
• Consumer goods production, and various types of canned food.

IV. Investment Incentives

Corporate income tax:

Tran Quoc Toan Industrial Park, located in a difficult socio-economic area, offers specific investment incentives for new projects investing in the industrial park as follows:

• A tax rate of 17% for 10 (ten) years.
• Exemption from tax for 02 years and a 50% reduction for the next 04 years. (The regulations and guidelines for implementing the Law on Corporate Income Tax are provided in Decree No. 218/2013/ND-CP dated December 26, 2013, of the Government, which applies to Clause 3 of Article 15 and Clause 3 of Article 16)
• Note: The level of investment incentives regarding tax rates and tax exemptions/reductions for new investment projects also depends on the preferred industry sector as regulated by the Law on Corporate Income Tax.

Import and export taxes:

• Exemption from import taxes for goods used to create fixed assets for the project (Based on Article 14 of Decree No. 134/2016/ND-CP dated September 1, 2016, of the Government providing detailed regulations and measures for implementing the Law on Export Tax, Import Tax and Clause 2 of Article 15 of Decree No. 118/2015/ND-CP dated November 12, 2015, of the Government providing detailed regulations and guidelines for the implementation of certain provisions of the Investment Law).