Long An Industrial Park 1

1.Location of Industrial Park:

          Long An Industrial Park is located in the Southern key economic zone, adjacent to Ho Chi Minh City and is the gateway of the Western provinces to Ho Chi Minh City. The industrial park is about 25 kilometers from Ho Chi Minh City center. The traffic system is synchronous and conveniently planned. Location is 45 kilometers from Moc Bai border gate, 31 kilometers from Tan Son Nhat airport, 70 kilometers from Long An port, 50 kilometers from Hiep Phuoc port Nha Be district, 50 kilometers from Cat Lai port. Near Trans-Asia road (National Highway 22). Near Ring Road 3 of Ho Chi Minh City expected to be completed in 2025.

2. Project scale: 700 hectares.

– Industrial land area for lease: 500 hectares.

– The area of land leased is approx: 90 hectares (occupancy rates 15 %)

– Industrial land area has completed infrastructure and is ready for lease: 410 hectares.

3. Term of land use: paid land lease money until 2054 or 2060

4. Industry groups attract investment:

+ Group of electronics and telecommunications projects

+ Group of mechanical and metallurgical project

+ Group of food processing, beverages projects

+ Group of projects producing chemicals, pharmaceuticals, cosmetics, plastics, plasticizers

+ Group of stationery projects

+ Group of textile and garment projects (Do not accept dye processing projects)

+ Group of construction material production projects

+ Group of projects to produce domestic and export consumer goods

+ Group of projects manufacturing machinery, medical equipment, warehouses, and product display houses

+ Group of wood processing, glass, ceramics projects

+ Group of agricultural product processing projects

+ Group of projects on processing and raising livestock, poultry, and aquatic products.

+ Group of logistics services and ICD dry port 46 hectares projects

 5. Infrastructure of the Industrial Park:

Advantage:

– The terrain is flat, geologically stable, the ground has high bearing strength, favorable for the construction of industrial projects.

– Located near the source of raw materials, the big city is convenient for transporting and consuming products.

– Far away from residential areas.

– Convenient supply of electricity and water.

– Favorable future expansion.

– Human resources: abundant, reasonable labor costs.

 6. Support incentives when investing in industrial parks in Long An province

• Incentives for a period of 10 years for corporate income tax: tax exemption for the first 2 years and the next 4 years apply tax of 8.5%, for the remaining 4 years, 17% tax applies.

7. About land leasing price

Infrastructure usage fee is 160 USD/m2/ 1 project life cycle until 2054 and 2060 (Note: Land leasing price depends on the location and quantity of lease land ).