In the previous article, investors were able to review the important factors to note before investing in the largest industrial parks in the Long An province. This article will analyze the characteristics, economic advantages and preferential policies that the Government has given to industrial parks that are allowed to attract business investment for industries that have an impact on the environment, such as dyeing, printing, plating, garment, food, animal feed. Therefore, investors can refer to the conditions to choose the right investment location.
1. Phu An Thanh Industrial Park
Scale of the industrial park
Phu An Thanh Industrial Park (or PAT IP) was established in 2007 with the Phu An Thanh – Long An One Member Limited Liability Company project owner, with an initial planning area of 692 hectares. The planning area of phase 1 is 387 hectares (including 80 hectares of expansion), and the planning area of phase 2 is 305 hectares.
On March 27th, 2021, Phu An Thanh Industrial Park was adjusted to reduce its area to 352.7511 hectares according to Decision 469/QD-TTg of the Prime Minister.
Geographical location
Phu An Thanh Industrial Park is located at Provincial Road 830, An Thanh Commune, Ben Luc District, Long An Province, with a convenient location when connecting to central areas and key traffic hubs such as 37 km from Tan Son Nhat Airport, 3 km from Ho Chi Minh – Trung Luong Expressway, 6 km from National Highway 1A.
In addition, PAT IP also has an inland waterway (cargo wharf) in the park because it is located next to Vam Co Dong river, so it is very convenient for transporting, loading and unloading materials and goods.
Rental price
The rental price of land that has been guaranteed the technical requirements for leveling, completing the infrastructure is 82-92 USD/m2/year and the factory rent is 3 – 3.5 USD/m2/month. Currently, the IP has been put into operation with an occupancy rate of 75%, so there is still land available for investors to rent.
Business lines
- Garment, textile dyeing, plating;
- Animal feed processing;
- Production of building materials;
- Manufacture of wooden products;
- Pharmaceutical production;
- Electronic industries;
- Food and beverage production;
- Manufacturing equipment, spare parts…
In addition, Phu An Thanh Industrial Park is allowed by the People’s Committee of Long An Province and the Management Board of the Economic Zone of Long An Province to accept polluting industries such as textile dyeing, plating and tanning. The Industrial Park Management Board will arrange separate subdivisions suitable for industries according to each pollution level.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years and a further 50% CIT reduction for the next 4 years for investments in new projects.
Typical enterprises in the industrial park
Including Vina Eco Board Co., Ltd (SUMITOMO GROUP) (Japan), Fukui Co., Ltd (Japan), SCG Concrete Co., Ltd (Thailand), Lavifood Joint Stock Company (Viet Nam), INNOCONS LA Joint Stock Company and Texlot Textile Co. Ltd..
2. Dong Nam A Industrial Park
Scale of the park
Dong Nam A Industrial Park is invested and built by A.C.M Trading Construction Co., Ltd – VINACAPITAL GROUP, covering a total area of 560 hectares.
Geographical location
Dong Nam A Industrial Park is located in Tan Tap Commune, Can Giuoc District, Long An Province. This is a convenient traffic area connecting easily with the national road, waterway and air systems such as 30 km far from the center of Ho Chi Minh City along National Highway 50, 41 km from National Highway 1A, 30 km from Ho Chi Minh City – Trung Luong Highway, 10 km from Hiep Phuoc Seaport, 28 km from Bourbon port and 65 km from Tan Son Nhat airport.
Business lines
It is divided into 3 areas as follows:
- Mixed industrial planning area (zone A) – Moderately polluted industry:
- Group of Petrochemical project;
- Group of projects on mechanical engineering, metallurgy;
- Group of construction material production projects;
- Project group for the production of wires, cables, and telecommunication cables;
- Project group for the production of chemical fertilizers and pesticides;
- Group of projects on chemicals and cosmetics;
- Clean industrial area (zone B) – Low pollution industry:
- Group of processed goods;
- Group of consumer goods;
- Construction project of pharmaceutical, medicinal and veterinary drug production facilities;
- High-tech industry area (zone C) – High-tech industry such as:
- Group of projects for the production of electrical and electronic equipment.
Rental price
Currently, Dong Nam A Industrial Park applies a land rent of 60 USD/m2/year for a minimum leased area of 1 hectare, the rental price for the factory is 3 USD/m2/month (This rental price does not include management fees).
Public Utilities
The industrial park uses 7.07 hectares of land to arrange facilities for businesses and workers in the area, including Customs office, bank, post office, hospital, school, kindergarten, worker dormitory; Trade center, restaurant, canteen, fitness center, office for lease…
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years and a further 50% CIT reduction for the next 4 years for investments in new projects.
Typical enterprises in the industrial park
Including Posco Engineering Co., Ltd, Soai Rap Production Trading Company Limited or the Long An Industrial Park Joint Stock Company.
3. Tan Do Industrial Park
Scale of the park
Tan Do Industrial Park is invested in and built by Tan Do Investment & Construction Joint Stock Company with an area of 302.72 hectares since 2011. This park has the strength to become one of the key industrial parks in Long An province such as adjacent to Ho Chi Minh City, convenient for the transportation of goods. This industrial park has a complete infrastructure that can be built immediately, with a stable power supply from the Duc Hoa district’s electricity to ensure uninterrupted production activities. The project owner is continuing to complete and expand the IP, so there are still areas available for investors to rent.
Geographical location
Tan Do Industrial Park is located in Duc Hoa Ha Commune, Duc Hoa District, Long An Province. This industrial park is connected with important traffic roads such as 17 km from the center of Ho Chi Minh City, 25 km from Tan Son Nhat international airport, and 3 km from the center of Duc Hoa town.
In general, this area is close to waterways, which are very convenient for transporting goods and materials from the industrial park to ports in neighboring provinces and Cambodia.
Public Utilities
The project is built according to the industrial-urban service model. Specific planning into isolated areas and reasonable connections between factories, warehouses, yards, residential areas with social facilities such as kindergartens, medical facilities, parks and ecological lakes. The construction density of the industrial park only accounts for about 55% of the total area whilst trees account for at least 20%, creating a harmonious landscape.
Rental price
Currently, Tan Do Industrial Park applies land rental rates between 55 USD and 65 USD/m2/year. For land for factory construction, the transfer price is calculated as a package for the land plot that has been leveled according to standards and has a complete infrastructure system.
For residential land and other service lands, depending on the nature and purpose, the area and location of the planned land, the transfer price of residential land and service land shall be calculated specifically for each land lot. The warehouse rental price is 2.5 USD/m2/month and does not include an infrastructure management fee.
Business lines
- Group of electronic and telecommunications projects such as production projects of telecommunications cables, electrical and electronic equipment;
- Group of projects on mechanics and metallurgy such as mechanical projects, manufacturing machinery and equipment, projects on building, repairing and assembling rolling stock and automobiles;
- Projects on manufacturing, assembling and repairing motorcycles;
- Group of food and beverage processing projects such as:
- Seafood processing project;
- Alcohol and wine production project
- Confectionery production project
- Food processing project, beverage production project;
- Project group for wood processing, glass and ceramic production;
- Group of stationery projects;
- Group of projects on textile and garment;
- Group of projects for the production of building materials;
- Group of projects on energy, and radiation.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years and a further 50% CIT reduction for the next 4 years for investments in new projects.
Some enterprises operating in the industrial park
Including Duy Tan Long An Plastic Joint Stock Company, Dong Khanh Textile Garment Joint Stock Company, Huamian Textile Company Limited (Vietnam), Vu Diep Phat Catering Service Co., Ltd., Markwell Industry Company Limited (Vietnam) and Kaka Pack Company Limited.
4. Thu Thua Industrial Park
Scale of the park
Thu Thua Industrial Park was established in 2019 by Thu Thua Urban & Industrial Park Development Joint Stock Company, which is also acting as a project owner. The industrial park has a total planned area of 188.88 hectares, of which the industrial land area for lease is 127.79 hectares.
Currently, the occupancy rate in this IP is not high, hence there is still land available for lease.
Geographical location
Located in hamlet 11, Thu Thua town, Thu Thua district, Long An province, Thu Thua Industrial Park has a convenient location when it is easy to connect to important traffic hubs such as Tan An city 10 km, 35 km far from the center of Ho Chi Minh City, 45 km from Tan Son Nhat International Airport, 30 km from Bourbon Ben Luc Port.
Rental price
Land rental price ranges from 100 USD/m2/full-term (exclude VAT). The infrastructure maintenance fee is 0.9 USD/m2/year (Including the cost of management, infrastructure maintenance, lighting, protection, trees, etc. Excluding wastewater treatment fee).
Business lines
Based on the approved investment target, Thu Thua Industrial Park is an industrial park attracting a variety of industries. Accordingly, with the common goal of developing a clean industrial structure in the country, the industrial park attracts high-tech electronic industries such as electronic equipment, electronics, electronic components, telecommunications cables on mechanical engineering.
However, besides attracting high-tech industries, Thu Thua Industrial Park in Long An province is also allowed for specific industries such as:
- Food and beverage processing projects;
- Pharmaceutical and cosmetic production projects;
- Project of producing household plastic, plastic packaging (from plastic beads);
- Project of manufacturing interior decoration equipment; project on the garment; agricultural development support project;
- Projects to produce fertilizers, detergents, dyes, paints, and printing ink;
- Project of processing seafood from fresh raw materials through preliminary processing, producing fish sauce on an industrial scale, producing animal fat and vegetable oil;
- Alcohol, wine and beer production projects;
- Project of dyeing, bleaching and printing finished textile products;
- Plating to finish mechanical products;
- Projects on the production of animal, poultry and aqua feeds from preliminarily processed materials;
- Sugar production, monosodium glutamate;
- and some other industries.
Industries with the potential to cause environmental pollution are restricted from attracting investment in most areas of the country, the industrial park is one of the few industrial parks in the country that is eligible for investment attraction business in industries such as dyeing, printing, plating, garment, food, and animal feed.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years and a further 50% CIT reduction in CIT for the next 4 years for investments in new projects.
5. Nhut Chanh Industrial Park
Scale of the industrial park
Nhut Chanh Industrial Park operates since January 2007, covering a total area of 159 hectares (in which the factory area is 131 hectares) by Thanh Yen Joint Stock Company. This industrial park is located in the southern key economic region and has an internal river port (Vam Co Dong river), so it is very convenient for transporting goods by road and waterway.
Geographical location
Nhut Chanh Industrial Park is located on Provincial Road 832, Hamlet 5, Nhut Chanh Commune, Ben Luc District, Long An Province. The East borders with Vam Co Dong river, the West borders provincial road 832, the northern borders with Bac Tan culvert and canal, the South borders with Nhut Chanh 2 industrial cluster. The distance from this industrial park to National Highway 1A is 1.2 km, 33 km from the center of Ho Chi Minh City, 28 km from Tan Son Nhat International Airport and 18 km from Saigon Port.
Business lines
- Processing industry;
- Producing welding rods, precision mechanics, mechanical processing, manufacturing machines, repairing machinery and equipment, spare parts, assembly tools;
- Electrical industry, machinery manufacturing, spare parts, industrial and household electricity;
- Assembling motorcycle parts;
- Electronic industry, media, telecommunications media, pharmaceutical industry, medical equipment;
- producing chemical raw materials, pharmaceutical raw materials, cosmetic raw materials;
- Producing cleaning products, cosmetics;
- Producing plastic, PP bags from plastic beads;
- Production of composite materials;
- Producing soundproof, electrical and thermal insulation materials;
- Producing composite materials instead of wood.
Rental price
The leased land has been guaranteed the technical requirements for leveling and completing the infrastructure. The rental or transfer price is between 1,500,000 – 1,900,000 VND/m2 (equivalent to 70 – 90 USD/m2), excluding VAT, depending on location and payment schedule. The fee for management and operation of the IP is 2,183/m2/year (equivalent to 0.1 USD/m2/year), excluding VAT, paid annually.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years and a further 50% CIT reduction for the next 4 years for investments in new projects.
Some typical investors in the industrial park
Including Café Outspan Vietnam Co., Ltd, Greenfeed Vietnam Joint Stock Company, IBS Joint Stock Company, BMT Investment & Construction Joint Stock Company, Vina Ge Co., Ltd.,…
Find out full series Overview of industrial zones in Long An province with [Part 1] – [Part 3].
