Binh Phuoc Industrial Park 1

1. Location of Industrial Park:

     The industrial park in Binh Phuoc province is located in a strategic location of Binh Phuoc province as well as the Southern key economic zone, directly connecting with major provinces, cities, airports, and seaports to help promote the transportation of goods and transportation. trade with neighboring areas. In addition, the Industrial Park is also located on the main traffic axis connecting to the Central Highlands, which is a potential area to supply materials for industries.

– Synchronous road system, conveniently planned: 3 kilometers from Chon Thanh dry port, 70 kilometers from Hoa Lu border gate, 84 kilometers from Tan Son Nhat airport, 89 kilometers from Ho Chi Minh City center, 89 kilometers from Cat Lai port 99 kilometers, 145 kilometers from Cai Mep port. Distance to main roads: 6  kilometers to National Highway number 13, 19.5 kilometers to National Highway number 14, 8 kilometers to Ho Chi Minh – Thu Dau Mot – Chon Thanh expressway, 33 kilometers to My Phuoc – Tan Van expressway.

 2. Project scale: 655 hectares

– Industrial land area for lease: 475.4 hectares.

– Industrial land area has completed infrastructure and is ready for lease: 100 hectares.

3.Term of land use: until 2066

– The land has a land use right certificate for each lot

– Price includes land rent paid in one time until 2066

– Support to complete the issuance of Land Use Rights Certificate to investors within 90 days from the investor paying 100% of the land lease.

4. Industry groups attract investment:

– Food and beverage production and processing industry;

– Slaughter (only accepting slaughter projects along the food supply chain or serving the food processing industry within the industrial park);

– Textile industry (from yarn onwards, there is a dyeing process to complete the product);

– Paper production;

– Production of toys and games;

– Wood production and interior decoration industry;

– Packaging production industry;

– Industry of manufacturing and assembling sports equipment;

– Electronics and microelectronics industry;

– Mechanical industry: frame stamping, assembly, manufacturing of motorbikes and spare parts;

– Pharmaceutical and stationery manufacturing industry;

– Industry producing handicrafts, glass, and construction materials;

– Industry manufacturing machine tools, machines serving agricultural and forestry production, food processing machines, irrigation equipment;

– Supporting industries (production of products and auxiliary materials that play a supporting role in the production of main components of the industries allowed to invest in the Industrial Park);

– Production of rubber gloves and medical gloves;

– Cooking plastic, manufacturing plastic, molding plastic, making plastic film (do not recycle scrap plastic);

– Cashew oil pressing (for factories);

– Incubate eggs;

* The industrial park receives projects with plating and dyeing stages to complete the product;

 5 Infrastructure of the Industrial Park:

Advantage:

– Located in a strategic location of Binh Phuoc province as well as the Southern key economic zone.

– Semi-hard clay soil, average height of 60-80m above sea level. Average load of the ground: 17 tons/m2 or more.

– Away from residential areas.

– Convenient power supply: the national grid system has a total capacity of 130 MVA.

– Clean water supply plant with capacity of 30,000m3/day. night

– Wastewater treatment plant with capacity of 25,000m3/day.night

+ Wastewater treatment fee: details according to the Wastewater treatment fee notice of the Investor from time to time.

+ The volume of wastewater is calculated according to the meter

 – Separate rainwater and wastewater drainage systems;

– Favorable future expansion.

– Human resources: abundant with 636,000 people of working age in the province. The province’s labor source is relatively young, the rate of professionally trained workers working in economic sectors is 64.5%; of which the proportion of trained workers with degrees and certificates is estimated at 23%.

+ Reasonable labor costs with minimum wage region 3: 3,640,000 VND/worker/month (about: 149 USD).  Average income of unskilled workers: 6,000,000 VND/month (about: 245 USD), technical workers: 8,000,000 VND/month (about: 327 USD), Office staff, accountants, warehouse keeper (foreign language communication); 12,000,000 VND/month (about: 490 USD).

 6. Support incentives when investing in industrial parks in Binh Phuoc province

 – Corporate income tax: tax rate of 17% for 10 years, calculated continuously from the first year the enterprise has revenue from the project.

  – Corporate income tax exemption for the first 2 years 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 3 years from the first year of revenue from the project, the tax exemption or tax reduction period is calculated from the 4th year the project generates revenue.

– Tax rate of 8.5% for the next 4 years

– Import tax exemption:

+ For goods imported to create fixed assets of subjects eligible for investment incentives according to the provisions of law.

+ For raw materials, supplies, and components that cannot be produced domestically and are imported for production of investment projects in the list of industries and professions eligible for special investment incentives according to the provisions of law on investment.

+ Application period: 05 years from the date of start of production

7. About land leasing price

Infrastructure usage fee from 90 USD/m2 to 100 USD/m2/1 project life cycle until 2066 (Note: Land leasing price depends on the location and quantity of lease land )