VIET PHAT INDUSTRIAL PARK & URBAN AREA - Long An

OVERVIEW OF VIET PHAT INDUSTRIAL PARK & URBAN AREA – Long An

Viet Phat Industrial Park is located in Tan Lap Commune, Thu Thua District, Long An Province. The project is planned modernly according to a new model combining industrial park and urban area, in which the land area for industrial park is more than 1,200 ha and the land for urban area is more than 625 ha.

With a convenient location in the Southern Key Economic Zone of Vietnam, Viet Phat Industrial Park is only 59 km from the center of Ho Chi Minh City, 45km from Tan Son Nhat Airport, 28km from Saigon - Trung Luong Expressway, less than 60 km from Saigon Port Container Center, 50km from Bourbon Port (maximum 5000T), more than 65 km from Cat Lai Port, 87 km from Long An International Port, 95km from Cai Mep International Port...

Strengths:

Large area for lease allows to receive multi-sector investment chains.
Convenient transportation by both road and waterway.
Near Cambodia, convenient for businesses operating in the field of import and export to Cambodia.
Flexible land lease forms to meet all investment needs.
Having an inland waterway port and bonded warehouse right in the IP to meet storage and transportation needs and allow goods inspection right at the factory.
The IP is modernly planned according to a new model combining industrial park and urban area, which will contribute to solving social security issues and shortening workers' travel time.
Located in a densely populated area, the project is located in the area applying the regional minimum wage of Region III: 1,800,000 VND/month.

Functional subdivisions:

Heavy industrial zone: 262,860 ha
Medium industrial zone: 318,415 ha
Light industrial zone: 163,510 ha
Hi-tech industrial zone: 114,945 ha

Priority industries:

1. Group of electricity, electronics, telecommunications and optics projects:

Project to manufacture all kinds of components, household electrical appliances.
Project to manufacture tools, equipment and components for the electricity, electronics and telecommunications industries.
Project to manufacture computers and computer components.
Project to manufacture optical equipment and instruments, all kinds of clocks.
Project to manufacture wires, electrical cables, telecommunication cables.

2. Group of projects on metals, metallurgy, mechanics and mechanical engineering (excluding casting, smelting, electroplating)

3. Group of projects on the production of silk, weaving (excluding dyeing), dyeing for garments.

4. Group of projects on chemicals, pharmaceuticals, cosmetics, and healthcare.

5. Group of projects on the production of paper, stationery, consumer goods and printing

6. Group of projects producing building materials and components; interior and exterior decoration materials, high-class materials, new materials.

7. Group of projects on processing agricultural, forest and aquatic products.

8, Group of projects on processing wood, glass, ceramics, jewelry, precious stones

9. Group of projects on processing food and beverages.

10. Group of projects on processing food for livestock, poultry, and aquatic products.

11. Group of projects on water supply, waste treatment, fire prevention and fighting.

12. Group of projects on leasing warehouses, pre-built factories; storing goods, transportation services, showrooms and product trading.

GEOGRAPHICAL LOCATION

Address:

Quóc lọ N2, Tan Lap Commune, Thu Thua District, Long An Province.
Northwest adjacent to: Canal 1 between Duc Hue district and Thu Thua district.
Southwest adjacent to: Existing residential area along Bo Bo canal.
Northeast adjacent to: Canal 2 between Ben Luc district and Thu Thua district.
Southeast adjacent to: National Highway N2 and Canal T6.

Distance to traffic hubs:

About 50 km from Ho Chi Minh City;
About 25km from the Cambodian border;
30km from Ben Luc town;
30km from Tan Son Nhat International Airport

INFRASTRUCTURE

Transportation system:

1. External traffic:

- Quóc lọ N2 passing through the South face of the IP has a planned right-of-way of 80m.

- Thu Thua - Binh Thanh - Hoa Khanh route, passing through the west of the project. When the road is completed, it will shorten the distance from the Project to the Cambodian border by 10km.

- The investor will invest in a road connecting National Highway N2 with Provincial Road 830, thereby shortening the connection distance between the project and Ho Chi Minh City.

2. Internal traffic:

- The internal traffic system is synchronously and modernly planned by the investor with a network of asphalt roads evenly distributed throughout the IP with a right-of-way of 26-77m.

3. Waterway traffic:

- In the planning area, there are existing canals such as canal T6, canal Bo Bo, ... going to Vam Co Tay and Vam Co Dong rivers, capable of serving small tonnage waterway transport vehicles.

- The investor will invest in building a waterway connecting the Canal North of the Project with the Vam Co Dong River, the planned waterway is 8,350m long with a total cost of nearly 435 billion VND. This waterway allows 1000 DWT barges to circulate, equivalent to a class III inland waterway.

Power supply system:

- Taken from Thu Thua substation 110/22 KV - 2 x 40MVA via the existing 22KV power line along National Highway N2 leading into Viet Phat Industrial Park.

The lighting and traffic light system is fully installed along the roads in the IP, ensuring safe circulation.

Water supply system:

- Clean water supply plant in the IP with a capacity of 29,315m³/day and night ensures full supply for production and living needs of the entire IP.

Wastewater treatment system:

- Arranging 3 wastewater treatment stations according to separate clusters, with a total capacity equivalent to 24,000m³/day.

- Wastewater after being treated at the concentrated WWTP reaching the standard will be led into the monitoring lake for monitoring before being discharged into the canal.

Postal and telecommunications services:

- The communication system is designed to ensure communication needs such as fixed telephone subscribers and mobile information, the Internet of the entire area, ensuring the reliability of the communication system invested, managed and exploited by specialized Postal and Telecommunications units

Public utilities:

- Separate rainwater drainage system with dirty water drainage is completely built.

- Concentrated waste collection area for collecting, sorting and transporting waste.

- The green tree system is distributed throughout the area, which is good for environmental sanitation, anti-pollution (noise, dust, smoke..) and creates a beautiful, clean landscape for the entire IP and creates a comfortable working environment for workers.

Warehouse and logistics services.

- The project also arranges a helicopter landing pad to serve rescue work or quickly transport VIP guests to the project.

- The central park located in a part of the project will provide a place for relaxation, entertainment, sports, contributing to restoring workers' health after work.

- Services supporting the operation of the Industrial Park include post office, bank, customs, exhibition area - product display and marketing, seminars, guesthouse, restaurant ....

INVESTMENT COSTS:

- Land sublease unit price:

The unit price excluding VAT for the land plot located in Viet Phat Industrial Park is: 120 USD - 160 USD (depending on the industry)

- Electricity selling price for the manufacturing industry, voltage level from 22kV to below 110 kV according to Decision 648/QD-BCT regulating electricity selling prices from March 20, 2019.

Normal hours: 1,555 VND/kWh
Off-peak hours: 1,007 VND/kWh
Peak hours: 2,871 VND/kWh

- Water price: 13,200 VND/m3 (including VAT)

- Infrastructure fee: 0.04 USD/m2/month

- Wastewater: 9,680 VND/m3 (Value C, column B based on QCVN 40:2011/BTNMT)

INVESTMENT INCENTIVES

- Tax exemption for 02 years and 50% reduction in the next 04 years.

Our services:

With many years of experience in consulting on land law, and surveying and working with management boards of industrial parks, foreign investors in industrial parks, we provide a comprehensive service package for investors at home and abroad in IPs nationwide, including:

Consulting on land law, real estate
Survey service, visiting factories, industrial park land
Legal services for applying for business licenses, investment certificates in Vietnam
Legal consulting service: Drafting, Negotiating, Signing contracts
Notarization, authentication, support for deposit, bank loans.

Please refer to the parameter table below for detailed information.

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