Huu Thanh Industrial Park - Long An Province

HUU THANH INDUSTRIAL PARK - LONG AN PROVINCE

Long An province is the key economic region in the South of Vietnam. This is an economic region that plays a very special role in the economic development strategy of our country, as a trade gateway between Ho Chi Minh City and 12 provinces of the Mekong Delta. Huu Thanh Industrial Park with a scale of 524.14 hectares with a total investment of VND 5,253 billion built in Huu Thanh commune, Duc Hoa district, Long An province promises to be an attractive investment location for investors.

Location

Huu Thanh Industrial Park is located within Huu Thanh Commune, Duc Hoa District, Long An Province and is limited as follows:

The North: The North borders Tan Duc Industrial Park, Stage 2;

South: Adjacent to Century Industrial Park and Kenh Xang Nho;

The East: Adjacent to Commune Commune Canal.

West: Adjacent to the residential area for workers in Huu Thanh Industrial Park and about 150m from Provincial Road 830; Besides the existing traffic works, recently, the Department of Transport of Ho Chi Minh City coordinated with the

Department of Transport of Long An province to review and agree on the policy of prioritizing new investment and expanding 23 important positions. to connect two locales. In particular, Ho Chi Minh City proposed to extend Vo Van Kiet Boulevard to Duc Hoa district, the area where Huu Thanh Industrial Park is located. The implementation of these traffic projects will create more advantages for Huu Thanh Industrial Park in connecting trade with the center of Ho Chi Minh City and surrounding areas.

Hydro-climate characteristics

Leveling elevation: 2.0m

Average humidity from: 77 - 84%

Average temperature: 25 - 29oC

Average annual rainfall (159 days/year): 1,949mm.

The rainy season starts from May to the end of November every year

The dry season starts from December to the end of April every year

Land use planning

Huu Thanh Industrial Park has a total area
of ​​524.14ha. Inside:

- Industrial zone land: 395.41ha

- Land for management and service works:
5.02ha

- Land for technical infrastructure works:
5.37ha

- Land for green trees and water surface:
64.16ha

- Land for traffic: 54.18ha

 Industry attracting investment

Huu Thanh Industrial Park is a potential and ideal industrial park with many benefits for investors when developing here. Here, the industrial park is arranged with the following types of
production, if you want to invest, you can refer to the attractive industries at this time:

- Electrical industry, industrial
electricity and household electricity;

- Industry of electronics, informatics,
media and telecommunications;

- Manufacturing industry of motorcycles,
cars and tractors;

- Mechanical industry, precision mechanics,
medical instruments;

- Manufacturing industry of construction
steel, steel pipe (not casting, smelting, plating)

- Furniture manufacturing industry,
interior decoration, construction materials (not producing cement)

- Industry of ceramics, glass, crystal;

- Plastic and rubber industry (not
processing latex)

- Packaging industry, prepress, printing,
paper (no pulp processing)

- Garment and textile industry (not dyed)

- Food processing industry, food, animal
feed

- Pharmaceutical and cosmetic manufacturing
industry

- Industry of manufacturing gymnastics and
sports equipment, toys and jewelry

- Producing products for agriculture
(excluding pesticides)

The infrastructure

Transportation system

Traffic outside the industrial zone: To the west of the industrial zone, there is Provincial Road 830, the planned road width is 40m (34.0m road surface, 2x3.0m curb). Provincial Road 830 to the North connects with Provincial Road 10 and National Highway 22B with Ho Chi Minh City. Ho Chi Minh City, to the south connects with Saigon - Trung Luong expressway, easy access to major ports of the city. HCM.

Main Road Industrial Park:

- N2 road connecting to Provincial Road 830: 55.0m. Part of the road for vehicles to run: 7.5m x 2 lanes;

- Road D3a: 45.0m.

Distance to key traffic hubs

- Distance from the highway. HCM - Trung Luong: 15km;

- Distance from National Highway 1A: 20km

- Long An International Port: 51km

- Distance from Tan Son Nhat International Airport: 40km

- Distance from Cat Lai Port: 55km

Power supply system

- Source: From the national power grid managed and provided by Long An Electricity.

Water supply system

- Source: Phu My Vinh Company, capacity: 20,000 m3/day.

Waste water treatment system

Currently, the industrial park has acentralized wastewater treatment plant in the industrial park that receives industrial wastewater from the factory fence.

- Capacity Phase 1: 4,000 m3/day and night.

Drainage system

Rainwater drainage system and separate wastewater drainage system

Communication systems

Fully, ensure easy domestic and international communication including phone, phone Mobile, Fax, Internet for investors;

Labor

Currently, Huu Thanh Industrial Park is located in a densely populated area with an abundant labor force with an average salary:

- For unskilled workers: 300 - 350 USD/person/month.

- For technical workers: 500-600 USD/person/month.

- In the area of ​​Long An province near the city. Ho Chi Minh City has many vocational training schools.

Land rent and management fee

- Unit price Fee for using package infrastructure: from 116 USD/m2/term (The specific unit price depends on the location and size of the area). The unit price of the package fee for using infrastructure in VND will be updated according to the USD exchange rate at the time of signing the Land Lease Contract and will be paid in 2 installments as follows:

Phase 1: Within 15 days from the date of
signing the Land Sublease Contract, pay:

                    Value of the 1st
installment = 50% X (Unit price of all-inclusive service fee X Area)

Phase 2: Within the first 15 days of the
13th month from the date of signing the Sublease Contract

land, payment:

                    Value of the 2nd
installment = 50% X {Unit price of all-inclusive service fee X (1+3%) X Area}

- Annual management fee: 0.65 USD/m2/year. The management fee (in VND) will be adjusted annually with an increase of 3.5%. (Including the cost of management, infrastructure maintenance, lighting, protection, trees, etc. Excluding the fee for waste treatment).

- Electricity price of 22kV (excluding VAT) (According to State regulations):

Normal hours (04:00-9:30; 11:30-17:00;
20:00-22:00): 1,555VND/kWh

Rush hour (9:30-113:30; 17:00-20:00):
2,871VND/kWh

Off-peak hours (22:00 - 04:00):
1,007VND/kWh

- Water
price (price includes VAT): 12,100 VND/m3 (according to Decision 1491/QD-UBND dated April 26, 2019 of the People"s Committee of Long An Province)

- Waste water treatment fee (temporary): 0.4-0.6 USD/m3 (depending on pollution level)

Tax preferences

- Corporate income tax rate: 20%

- Tax incentives: The preferential tax rate is 17% for 10 consecutive years from the first year of revenue from the project. At the end of the application period of this preferential tax rate, the enterprise will switch to applying the 20% tax rate.

- Tax exemption for 2 years and 50% reduction for the next 4 years from the date of taxable income.

The tax exemption and reduction period is calculated continuously from the first year the enterprise has taxable income
from the project;

In case the enterprise has no taxable income

in the first three years (from the first year of revenue from the project), the
tax exemption period is counted from the fourth year.

Our service :

Through many years of experience in consulting land law, and surveying, working together with industrial park management boards, foreign investors in industrial parks, we provide comprehensive service packages. for domestic and foreign investors in industrial zones nationwide, including:

Land law consulting, real estate

Surveying services, visiting peeling houses, industrial park land

Service method to apply for a business license, an investment certificate in Vietnam

Legal consulting services: Drafting, Negotiation, Co-operation

Service certificates, authentication, deposit support, bank loans.

For details, please refer to the table below.