Xuyen A Industrial Park (Xuyen A IP) stands as one of the premier industrial centers with immense appeal in Long An. This area boasts advanced infrastructure and a thriving business environment, serving as a catalyst for economic and social development. For comprehensive insights into Xuyen A IP in Duc Hoa, continue reading the article below with TTTFIC!
I. Overview of Xuyen A Industrial Park Project
Xuyen A IP represents a pivotal industrial center project in Long An province within the 2010-2015 timeframe. Spearheaded and developed by Ngoc Phong Joint Stock Company, a subsidiary of the esteemed Hai Son Group—the same group that invested in Hai Son Industrial Park. This location serves as a convergence point for various real estate projects and regional initiatives, positioning itself as an optimal investment destination in the Southern region. Hai Son Group, distinguished not only by its robust capacity and reputation but also by the ownership of multiple member companies, further fortifies the industrial prowess of Xuyen A IP.
As a large-scale industrial park nestled in the Duc Hoa district, Xuyen A IP receives strategic attention, holding the promise of a substantial economic upswing in the region’s future.
Xuyen A Industrial Park – Long An Province – TTTFIC Group
The scale of the Industrial Park
As per the latest report, Xuyen A IP encompasses a total area of 513 hectares, with the planned area covering 479.536 hectares, and nearly 33,5 hectares allocated for residential land.
Date of Establishment: 2005
Operation Period: Since 2011
Operating Term: 50 years, until 2056
Total Leased Land Area
Xuyen A IP adheres to the land use structure directed by the local government, with allocations as follows:
Transport infrastructure project development: 37,8450 hectares
II. Geographical Location of the Industrial Park
Situated on provincial road 824, Tram Lac hamlet, My Hanh Bac commune, Duc Hoa district, Long An province, Xuyen A IP serves as the western gateway connecting Ho Chi Minh City with the southwestern provinces. It plays a crucial role in the industrial landscape, notably influenced by Industrial Zone 5 in the Southeast region. The park is intricately connected to significant industrial centers and neighboring parks like Phu An Thanh Industrial Park and Tan Duc Industrial Park, fostering a dynamic business environment.
Advantages in Connectivity
Xuyen A IP boasts strategic proximity to key areas:
7 km from National Highway 22 Xuyen A
22 km from Ho Chi Minh City center
15 km from An Suong intersection
18 km from Tan Son Nhat International Airport
22 km from Binh Trieu station
25 km from Tan Cang
28 km from Saigon port
III. Infrastructure of Xuyen A Industrial Park
Xuyen A Industrial Park has developed a high-quality infrastructure system catering to diverse business needs:
Traffic System:
Main trunk system: 40m width with 4 lanes
Internal traffic system: 25m width with 2 lanes covered with asphalt concrete
Power System:
Supplied through a 22kV power line from the national grid via a 63MVA capacity transformer station
Clean Water Supply System:
Adheres to Singapore’s latest technology standards with a capacity of 5.000 m³/day and night
Wastewater Treatment System:
Centralized system with an average capacity of 10.000 m³/day and night, meeting QCVN 40: 2011/BTNMT type A standards
Telecommunications Infrastructure:
Establishes an international standard postal and telecommunications network
Deploys an underground fiber optic cable line from the regional telecommunications station to the central switchboard
IV. Industries Attracting Investment in Xuyen A Industrial Park
Xuyen A IP in Long An exhibits promising development potential, attracting investments across various industries:
Food Processing Industry
Agricultural and Seafood Processing Industry
Animal Feed Processing Industry
Pharmaceutical Industry and Medical Equipment
Electronics Industry, Industrial Electricity, and Household Appliances
Beverage, Bakery, and Candy Manufacturing Industry
Sports, Office, and Furniture Manufacturing Industry
Production of Household Appliances and Teaching Aids
Silk and Yarn Production Industry, Weaving, Dyeing, Garment, Footwear, etc.
Paper Manufacturing, Packaging, Design, Printing, Floral Printing on Fabric
Chemical, Pharmaceutical, and Cosmetic Raw Material Manufacturing Industry
Production of Paints Used in Construction and Interior Decoration
Plastic Manufacturing Industry, PP Bags from Plastic Beads
Small-Scale Glass and Metal Casting Manufacturing Industry
Welding Rod Manufacturing, Mechanical Processing, Machine Manufacturing, Repair of Equipment, Spare Parts, and Assembly Tools
Motorcycle Spare Parts Assembly Industry
Electronic Technology and Telecommunications Media Industry
Plating
V. Investment Incentives of Xuyen A Industrial Park
Hai Son Group, with its wealth of experience, offers compelling incentives for businesses choosing Xuyen A IP as their headquarters:
Tax Preferences:
2-year tax exemption and a subsequent 50% tax rate reduction for the next 4 years
Projects falling under Decree 218/2013/ND-CP enjoy a 4-year tax exemption and a 50% tax reduction for the following 9 years
Import tax exemption on imported goods as per Article 12, Decree No. 87/2010/ND-CP dated August 13, 2010
Support for Investment Procedures:
Swift assistance for business registration, establishment of companies and branches, investment certificate applications, and factory construction registrations.
VI. Investment costs in Xuyen A industrial park
Below is a summary of all investment costs at Xuyen A IP:
Electricity supply price
Peak hours are from 9:30 a.m. to 11:30 a.m.; 5 pm – 8 pm: 1645 VND/KWH.
Normal hours are from 4:00 a.m. – 9:30 a.m., 11:30 a.m. – 5:00 p.m., 8:00 p.m. – 10:00 p.m.: 815 VND/KWH.
Off-peak hours: 0 VND/KWH.
Water price
0,26 USD/m3.
Management fee
0,04 USD/m2/month. Payment on request monthly.
Land rents
One-time payment: 120 USD/m2 or annual payment.
Cost of wastewater treatment
0,26 USD/m3. The volume is calculated as 80% clean water.
Input standard: type C.
Output processing standard: class A
*Note: The above costs do not include VAT, which is paid flexibly every month (excluding land rental fees).
VII. Labor Resources and Labor Costs
Xuyen A Industrial Park, the inaugural state-licensed enterprise in Vietnam invested by domestic entities, has significantly contributed to job creation and a reduction in the local unemployment rate.
Key industries such as information technology, electronics, mechanics, and garment manufacturing within Xuyen A IP have garnered substantial interest from both domestic and international investors. This surge in business activities has led to the generation of numerous employment opportunities for the local populace, spanning roles from engineers and technical workers to direct production labor. Presently, the industrial park employs over 300.000 workers and engineers across various business establishments.
Enterprises operating within the industrial park actively engage in academic programs aimed at enhancing the skills, experience, and overall capacity of their workforce. This not only contributes to community development but also results in increased income and tax revenue, subsequently improving the overall quality of life in the region. Consequently, when choosing to invest in Xuyen A Industrial Park, private individuals can readily access a pool of human resources and attract high-quality workers.
Master plan map of Xuyen A Industrial Park – TTTFIC Group
VIII. Economic Value in Xuyen A Industrial Park
When Xuyen A Industrial Park commenced construction, Ho Chi Minh City was also experiencing robust economic growth in the Northwest region. The synergy between these two projects created a significant resonance, capturing the attention of both domestic and foreign investors. Supported by neighboring industrial clusters and parks, businesses operating in Xuyen A Industrial Park have achieved remarkable success.
According to recent statistics, Xuyen A Industrial Park has demonstrated an outstanding growth rate, with revenues reaching 1,5 to 3 times higher than the initially proposed figures in nearly a decade of operation. In essence, industrial parks not only stimulate the local economy but also exert a substantial impact on the overall economic scale of the country.
Development Strengths at Xuyen A Industrial Park:
Industrial parks in Long An have been actively developing, showcasing the potential for industrial real estate that appeals to numerous investors. Among them, Xuyen A Industrial Park stands out with several significant development strengths:
The industrial park is strategically located adjacent to a residential area with expansive urban planning, encompassing commercial, educational, and administrative center projects.
Land projects in the southern market present lucrative profit opportunities.
The combination of Xuyen A Industrial Park and routes to Ho Chi Minh City will stimulate infrastructure construction and ring road projects.
The amenities within the entire industrial park are diverse, including shopping centers, hospitals, schools, parks, and various sports facilities. Notably, Duc Hoa district is planning and constructing numerous urban areas and ecosystems to enhance people’s quality of life.
Through the provided information, Xuyen A Industrial Park emerges not only as a focal point for businesses but also as a space where values and opportunities manifest for both business development and innovation. With remarkable advancements in scale and quality, the industrial park has become the nucleus and driving force propelling breakthroughs in the process of industrialization and modernization.
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.
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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
