HUU THANH INDUSTRIAL PARK IN LONG AN NEAR HO CHI MINH CITY

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CONTACT WITH BUSINESS DEPARTMENT:

G+84 28 39312660                  Gdautu@idico.com.vn                 idico_dang_ky_thue_nha_xuongLand Leasing Register Form

  • Huu Thanh IP:
    Huu Thanh industrial park in Long An province is near Ho Chi Minh city and easy recruits.
     
  • Investor/ Developer:
    IDICO (Vietnam Urban And Industrial Zone Development Investment Corporation) - The prestigious developer of industrial parks in Vietnam.
     
  • Location:
    Huu Thanh ward - Duc Hoa district - Long An province
     
  • Total area:
    524,14ha
  • Situation of implementation:
    The land area is completely compensated for the work of site clearance, which accounts for 95%; under construction of technical infrastructure system and attract investors.
     
  • Situation of investment attraction:
    It's going to attract investment. The land area for sublease: 385ha.
     
  • Operation Duration:
    Until August 6, 2069
     
Description
Huu_Thanh_IDICO_layout


Master plan of Huu Thanh industrial zone (park), Long An province

* Location: Huu Thanh industrial park is located in Huu Thanh ward, Duc Hoa district, Long An province

  • Huu Thanh industrial park belongs the Southern key economic region. It plays a particularly important role in Vietnam’s economic development strategy.

  • Huu Thanh industrial park is adjacent to Ho Chi Minh city, is the largest economic center in Vietnam. Therefore, Huu Thanh industrial park should have many conditions for development, especially industrial economy.  

  • Huu Thanh industrial park is located at the gateway connecting Western provinces, Mekong Delta, Ho Chi Minh city and Southeast provinces. Huu Thanh industrial park is 30km far from center of Ho Chi Minh city, connected through the road traffic system such as Provincial Road No.10, DT 830 (planned to be Ring Road No.4), National Highway No.1A, Ho Chi Minh - Trung Luong Expressway.

* Advantages of Huu Thanh industrial park:

  • Huu Thanh industrial park is adjacent to Ho Chi Minh city so Huu Thanh industrial park is given benefits from the traffic – urban expansion from the National Highway N2 project has completed the construction of Duc Hoa – My An section. The N2 route plays the role of the Mekong Delta region with the first point in Cu Chi district (Ho Chi Minh city) passing through Dong Thap Muoi region; DT830 (Ring 4) and Metro 3A routes will be implemented in the near future. In accordance to the Master Plan for Ho Chi Minh region, Duc Hoa district is one of three satellite cities of Ho Chi Minh city, is adjacent to Can Giuoc and Ben Luc. It takes 15 minutes from the center of Duc Hoa town to Hoc Mon district and 45 minutes to Tan Son Nhat airport.

  • The industrial park is easy to recruit specified workers. The reason is that Huu Thanh industrial park is adjacent to Ho Chi Minh city and a densely populated area, therefore, the ability to recruit specified workers for investors is relatively favorable.

  • Huu Thanh industrial park has a competitive land price, compared to the surrounding areas.

  • Huu Thanh industrial park has many investment incentives, especially corporate income tax incentives:
    + The current applicable common income tax rate is 20%.
    + The incentive tax rate will be 17% for the first 10 consecutive years since the first year project making taxable income; this common income tax rate is 20% from the 11th year.
    + Enterprises will be exempted for 02 years and reduced at 50% for 4 subsequent years from the availability of taxable incomes.

  • Huu Thanh industrial park has many advantages for manufacturing industries of consumer goods, light industries such as yarns, textiles, garments, footwear, processing foods, etc; industries of electricity, home appliances, electronic - information technology, industries of woods and furniture, etc.

  • Huu Thanh industrial park is the ideal location for move and expansion long-term factories in Ho Chi Minh city and surrounding areas.

  • The prestigious developer of industrial parks in Vietnam with approximately 30 years of experience in the field of industrial park construction investment and infrastructure business in Vietnam.

  • The developer of Huu Thanh industrial park maximizes to the support and customer services; helps customers grasp and understand thoroughly investment procedures and set up production and business operation systems in Vietnam since the time the investors have learnt investment in Vietnam.

THE LOCATION OF HUU THANH IDICO INDUSTRIAL PARK ON THE GOOGLE MAP

Drawing
Infrastructure
Tram_dien_NT5_2
Power supply:

- Source of power: Currently, IDICO is making construction procedures of Substation (110/22kV) to supply electricity the National Grid.

- Supplied Power Voltage: 22kV. The Power Price at 22kV (not including VAT) in accordance with the Government at Decision No. 648.QD-BCT dated March 23, 2019):

+ Normal time:    1,555VND/Kwh
+ Peak time:        2,871 VND/Kwh
+ Off peak time:  1,007 VND/Kwh

Ong_cap_nuoc_HDPE
Water supply:

- Source of water: It is assured to supply cleaned water from water plant with volume of 50,000 m3/ day.

- Water price (Not including VAT): 10,400 VND/m3

IDICO_Thong_tin_lien_lac
Telecommunications:

Telecommunications network is provided by several operators such as VNPT, FPT, Viettel, etc. It ensures smooth communication throughout the domestic and international connections. It includes all services such as telephone, mobile phone, fax, internet, etc.

IDICO-thoat_nuoc_-NT1
Water drainage:

- Storm-water drainage in Huu Thanh industrial zone shall be divided 28 discharge areas such as 8 Eastern discharge areas to Xa Tinh channel, 5 Southeastern discharge areas to Xang Nho channel, 10 Northern discharge areas to the new digging ditches, 2 Southwestern discharge areas to Channel No.7 and 3 Southern discharge areas to the new digging ditches.

- Storm-water drainage network in Huu Thanh industrial zone is designed as the gravity type.

- Storm-water drainage system comprises reinforced concrete sewer with diameters D400, D600, D800, D1000, D1200, D1500, D1800, D2000, B2000*H2000, B2500*H2500 and B3000*H3000, which is combined with manholes, groove system arranged on sidewalks to collect storm-water for good drainage.

Waste water treatment:

- Wastewater treatment system is completely separated with storm-water treatment system in the industrial zone. The whole wastewater in Huu Thanh industrial zone is collected to the wastewater treatment plant. After wastewater is treated and ensured the drainage standard for the treatment plant, it is discharged out of the industrial zone.

- Capacity in the 1st phase                                                 : 14,400 m3/ day;

- Waste water treatment fee (for reference)                        : 0.4USD/m3

HIEU3167
Internal and External transportation:

- It can be approached to Huu Thanh industrial zone with 4 main routes:

+ The 1st main approach is Road No.830

+ The 2nd main approach is from Road No.830 to the resettlement area and worker’s housing of Huu Thanh industrial zone.

+ The 3rd main approach is from the inter-industrial road to Tan Duc industrial zone internal road and Hai Son expansion industrial zone.

+ The 4th main approach is the road along Xang Nho canal connecting from the inter-industrial road to Road No.830. It is located in the Southern of Huu Thanh industrial zone.

Fields of investment
nganh-nghe-thu-hut-dau-tu-khu-cong-nghiep
Huu Thanh industrial zone has many advantages for manufactoring industries of consumer goods, light industries such as textile, fibre, garment, leather shoes (no processing leather), processing foods...; industries of electricity, home appliances, electronic - information technology; industries of woods and furniture... the incentives industries:
  • Industrial and household electricity industry;
  • Electronic industry, informatics, information and telecommunications facilities;
  • Manufacturing motorcycles, automobiles and tractors;
  • Mechanical engineering, precision engineering, medical facilities;
  • Manufacturing construction steel, steel pipes without casting, metallurgy, plating;
  • Manufacturing furniture, interior decoration and construction materials (not producing cement);
  • Ceramics, glass, crystal industry;
  • Plastic, rubber industry (no latex processing);
  • Packaging, printing, paper (no paper pulp processing);
  • Garment and textile industry without dying;
  • Processing food, animal feed industry;
  • Producing pharmaceuticals and cosmetics industry;
  • Producing fitness facilities, sports, toys and jewelry;
  • Producing products agriculture (not producing insecticide, chemical for protecting plants).
Promotion

  • 1. Corporation income tax (CIT): 20%

  • 2. Incentives on tax:

    - The incentive tax rate will be 17% for first 10 consecutive years since the first year project making taxable income. After the time of applying this incentive tax rate is expired, enterprises will switch to apply the tax rate of 20% for subsequent years.

  • 3. Enterprises will be exempted for 02 years and reduced by 50% for 4 subsequent years from the availability of taxable incomes.

    + Time for tax exemption and reduction is continuously calculated from the first year that the enterprise has taxable income from the project;

    + In case, the enterprise is unavailable of taxable incomes for the first three years (from the first year making taxable income), the tax reduction and exemption period is calculated from the fourth year.

  • The above CIT rate is based on the Decree no. 218/2013/ND-CP dated Dec. 26, 2013; Decree no. 118/2015/ND-CP dated Nov. 12, 2015. 

  • 4. Import tax: Enterprise is exempted import tax for imported goods in accordance with Article 16 of the Law on Export Tax and Import Tax No. 45/2005/QH11 dated 14 June 2005 and Article 12 of Decree No. 87/2010/ND-CP dated 13 August 2010 of the Government detailing the implementation of a number of article of the Import and Export Tax Law.
IDICO_Tax_industrial_zone
Price
  • 1.

    The Infrastructure Using Fee and Land rental (not including VAT): Please contact with Business Dept.

  • 2.

    The Management Fee (not including VAT): Please contact with Business Dept.

  • 3.

    The land rental to be paid to Government: Government leased the land to IDICO with the form of lump sum payment for whole leasing duration and IDICO completed payment obligation in lump sum to Government. In case the Government changes policy on land rental, the parties shall together implement such changes in accordance with regulation of the law.

  • 4.

    Water price (not including VAT):  Please contact with Business Dept.

  • 5.

    Wastewater treatment fee (not including VAT): Please contact with Business Dept.

CONTACT WITH BUSINESS DEPARTMENT:

G+84 28 39312660                  Gdautu@idico.com.vn                 idico_dang_ky_thue_nha_xuongLand Leasing Register Form

Procedures

1. Investors study conditions and the actual subleasing of industrial zones with IDICO.

2. Investors agree conditions for signing Land Subleasing Memorandum (MOU) with IDICO:

- Validity of MOU is 04 months;

- Making the deposit payment equivalent to 5% amount of infrastructure using fee, this deposit shall be deducted from the payments of Land Subleasing Contract;

- Within 04 months, the investors must implementing the procedure of the Investment Registration Certificate and Establishing a new Enterprise of  project to sign the Land Subleasing Contract with IDICO;

3. The procedures which investors shall implement:

3.1. Implementing the procedure of applying for principle approval on Investment project with the Authority (It would take from 15 to 30 days);

3.2. If the investment project is approved, the investors continue to carry out the procedure for the Investment Registration Certificate (IRC) (I would take 15 days).

3.3. At the same time, the procedure for preparing and applying for the approval of the Environmental Impact Assessment (EIA) are submitted at the EIA authority (It would take 60 - 90 days)

3.4. After getting the Investment Registration Certificate, Investor apply for the Enterprise Registration Certificate (ERC) for project.

3.5. Within 30 days, from the date issuance of the IRC and ERC, the Land Subleasing Contract will be signed by the 2 parties;

3.6. Applying for a construction permit:

- After the investors sign the Land Subleasing Contract; At the same time, the Project was approved the EIA; The design has been approved for fire prevention and fighting, the investors carry out the procedures for applying for a construction permit with the Authority.

- After being granted the construction permit, investors will carry out the construction of the Project.

Procedures_of_investment

CONTACT WITH BUSINESS DEPARTMENT:

G+84 28 39312660                  Gdautu@idico.com.vn                 idico_dang_ky_thue_nha_xuongLand Leasing Register Form

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