Xuyen A Industrial Park

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:

• Industrial factory construction: 212,3996 hectares
• Construction of technical works: 7,5638 hectares
• Administrative and service areas: 9,2829 hectares
• Warehouses and ports: 4,1236 hectares
• Green tree projects: 34,6851 hectares
• 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:

*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.