Tuy Phong Industrial Park by Tan Dai Tien Binh Thuan Co., Ltd spans 150 ha since 2013. In Vinh Hao Commune, Binh Thuan, Vietnam, it offers industries, logistics, residences, and green spaces. Land use: manufacturing (97,9 ha), tech hub (1,77 ha), offices (5,72 ha), transportation (19,21 ha), green areas (25,40 ha). Boosts Binh Thuan’s economy sustainably.
I. Overview of Tuy Phong Industrial Park
In the pursuit of industrial advancement, Tuy Phong Industrial Park stands as a remarkable achievement, established by Tan Dai Tien Binh Thuan Co., Ltd. Spanning a sprawling 150 hectares, this ambitious project began its journey in 2013 and envisions a promising trajectory until December 31, 2063.
Nestled within the administrative boundaries of Vinh Hao Commune, Tuy Phong District, Binh Thuan Province, Vietnam, the industrial zone enjoys a strategic location with coordinates 11.292276470554212, 108.73800843001933. This prime positioning ensures seamless connectivity and accessibility for businesses and stakeholders alike.
Diverse offerings include industrial plots, logistics through Vĩnh Tân Port, residential clusters, and fostering community integration.
Land usage breakdown depicts careful planning:
Industrial Construction: 97,9 ha (65,27%), fostering manufacturing.
Technical Hub: 1,77 ha (1,18%), central to operational efficiency.
Office Land: 5,72 ha (3,81%), streamlining operations.
Transportation: 19,21 ha (12,81%), ensuring mobility.
Green Spaces: 25,40 ha (16,93%), balancing nature and industry.
These components intertwine, fostering growth, innovation, and sustainability. The zone symbolizes progress, blending expansion with environmental consciousness, shaping Binh Thuan’s economy.
Gate of Tuy Phong Industrial Park – Binh Thuan Province -TTTFIC Group
II. Geographical location
Positioned in Vinh Hao Commune, Tuy Phong District, Binh Thuan Province, Vietnam, Tuy Phong Industrial Park boasts a well-connected transportation network, enhancing its appeal to diverse industries. Here’s an overview of its advantageous transportation infrastructure:
1. Road Network
Tuy Phong Industrial Park’s proximity to the intersection of the high-speed cross-country route (speed limit: 120 km/h) with National Highway 1A enables seamless connections to various regions:
To the north: Approximately 50 km from Phan Rang – Thap Cham City and 150 km from Nha Trang City.
To the south: Efficiently accessible via the Vinh Hao – HCMC expressway, reducing travel time to 2,5 hours:
90 km from Phan Thiet City
248 km from Ho Chi Minh City
Linkage to the Central Highlands through National Highways 26, 27, and 28:
Around 150 km from Da Lat
300 km from Buon Me Thuot
2. Maritime Connectivity
Just 8 km from Vĩnh Tân International General Port, capable of accommodating 30.000-100.000 DWT vessels, including containers and bulk carriers. The port operates 24/7, ensuring efficient loading and unloading.
3. Railway System
The industrial park is situated near the North-South railway line, merely 9,5 km from Vinh Tan Station, 30 km from Phan Rang Station, and 90 km from Phan Thiet Station. International passenger and cargo transit to China and other Asian and European countries are viable options.
Vietnam’s railway system currently facilitates exports to countries like Mongolia, Kazakhstan, Uzbekistan, Russia, Tajikistan, Poland, the UK, and Germany. It offers versatile transport modes such as rail-to-rail and rail-to-sea.
4. Aviation Access
Ideally situated within easy reach of multiple airports:
Cam Ranh International Airport: 130 km away
Tan Son Nhat International Airport (HCMC): 250 km away
Future Long Thanh International Airport (expected to open phase 1 in 2025): 250 km away
Future Phan Thiet Domestic Airport (expected to open in 2023): 80 km away
In conclusion, Tuy Phong Industrial Park’s strategic geographic location and comprehensive transportation network seamlessly link the park to various regions, both within Vietnam and internationally. This robust infrastructure bolsters the park’s attractiveness for businesses seeking efficient connectivity and logistics solutions.
III. Infrastructure of Tuy Phong Industrial Park
Road Network:
The main road boasts a width of 35m, while internal roads measure 24-28m, accommodating H30 load capacity. This ensures smooth and convenient traffic flow for business-related vehicles and cargo containers.
Electricity System:
A robust power source of 110/22KV with a 40 MW capacity, expandable as needed, underpins operations.
Water Supply System:
The industrial park’s water plant boasts a capacity of 7,500m3/day and night. A network of F 200mm – 300mm main pipes and F 150mm – F 100mm branch pipes cater to water distribution.
Firefighting System:
Fire hydrants are spaced 150m apart, featuring F 100mm pipes.
Drainage System:
Rainwater is channeled through reinforced concrete round culverts, effectively meeting the drainage needs of factories and the entire industrial park.
Wastewater Treatment Plant:
With a capacity of 4.000 m3/day and night, Phase 1’s capacity is 2.000 m3/day and night. Second-tier investors handle internal wastewater treatment, meeting QCVN 40:2011/BTNMT standards.
Telecommunication System:
High-speed internet and optical fiber networks, along with postal and telecommunications services, are offered through VNPT Binh Thuan.
Parking Facilities:
An extensive area spanning 19.000m2 is dedicated to parking.
Geological and Topographical Characteristics:
The terrain is characterized by solid geology, favoring construction, with an average soil strength of 2,5 kg/cm2. The relatively flat topography holds a foundation slope of 0,5% and a terrain slope of 0,8%.
Tuy Phong Industrial Park’s comprehensive infrastructure ensures operational efficiency and sets the stage for sustainable growth and development.
Master planning map of Tuy Phong Industrial Park – Binh Thuan Province – TTTFiC Group
IV. Investment-Attractive Industries
Tuy Phong Industrial Park prioritizes a diverse range of sectors to drive growth and development. These sectors include:
Agro-Industrial Processing: Serving agriculture, forestry, and fisheries.
Pharmaceuticals, Cosmetics, and Medical Equipment Manufacturing: Vital for healthcare needs.
Mechanical Assembly Industry: Contributing to various manufacturing processes.
Steel and Aluminum Industry: Integral for construction and manufacturing.
Agricultural, Forestry, and Aquatic Product Processing: Enhancing value addition.
Textile and Footwear Industry: Fueling fashion and textile demands.
Construction Materials Manufacturing: Essential for infrastructure development.
Paper Industry: Catering to paper and packaging needs.
Consumer Goods Manufacturing: Addressing daily living requirements.
Wood Industry: Crafting products from sustainable resources.
Rubber and Plastic Industry: Meeting material demands.
Oil and Lubricant Blending: Supporting various industries.
Miscellaneous Consumer Goods Production: Enhancing diverse consumer choices.
By fostering investment in these sectors, Tuy Phong Industrial Park aims to foster economic vibrancy, innovation, and job creation while aligning with sustainable development goals.
V. Investment Costs
Land Rental Rates and Payment Methods
Land Rental: The leased land conforms to technical requirements for leveling and complete infrastructure. The rental or transfer rates are as follows: Approximately $45/m2 – $65/m2, depending on location and payment progress. The minimum area for a factory construction lease is 5.000m2 (0,5 ha).
Land use term: left 40 years (till December 31, 2063, exclusive)
Infrastructure Management
Industrial park management fee: Approximately $0,3/m2/year, payable annually.
Water Rates
Monthly payment at approximately $0,6/m3.
Wastewater Treatment Fees
Calculated based on 80% of the incoming water volume, paid monthly, equivalent to around $0,3/m3.
Electricity Rates
Charged according to government regulations, averaging around $0,05/KWh.
Average Worker Wage
Due to being in Zone 4, the average worker wage is around $129/month.
VI. Investment Incentives
Investment Incentives at Tuy Phong Industrial Park
Tax Incentives for Business Income:
New investment projects in sectors like software production, composite material manufacturing, construction materials, and environmental pollution treatment equipment enjoy a 10% tax rate for 15 years, with 4 years of tax exemption and a 50% reduction for the subsequent 9 years.
New investment projects in agricultural and aquatic product processing, post-harvest preservation, and salt production enjoy a 10% tax rate throughout the project’s lifespan.
Other new investment projects receive a 17% tax rate for 10 years, with 2 years of tax exemption and a 50% reduction for the following 4 years. Specific conditions are detailed in Decree No. 218/2013/ND-CP issued on December 26, 2013.
Export and Import Tax Incentives:
Investment projects receive import tax exemption for machinery and equipment for fixed asset creation, for goods imported for processing and export production, and for goods imported for the production of export goods. Specific conditions are outlined in Decree No. 134/2016/ND-CP.
Export and Import Tax Incentives under Vietnam’s Trade Agreements:
ASEAN (AFTA)
ASEAN – China (ACFTA)
ASEAN – Korea (AKFTA)
ASEAN – Japan (AJCEP)
ASEAN – India (AIFTA)
ASEAN – Australia – New Zealand (AANFTA)
European Free Trade Association – Vietnam Free Trade Agreement (EFTA)
Etc…
Investment Support at Tuy Phong Industrial Park
Pre and Post-Investment Licensing Assistance:
– Businesses receive free assistance for business registration, investment certificate issuance, and administrative procedures.
Bank Interest Support:
– Capital loan interest rate support is provided to renew technology and equipment for enterprises producing advantageous products in Binh Thuan province. Enterprises investing in advantageous products are supported with 100% interest rates for loans from commercial banks and credit organizations in Binh Thuan province, with a maximum loan amount of 20 billion VND per project for a maximum support period of 3 years. (As per Decision No. 16/2017/QD-UBND dated May 16, 2017, of the People’s Committee of Binh Thuan province).
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
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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…).
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Industrial real estate in industrial zones, Vietnam
