Tra Vinh province is located between the Tien and Hau rivers, in the southeast of the Mekong Delta. The North borders Ben Tre province, the South borders Soc Trang province, the West borders Vinh Long province, the East borders the sea with a coastline length of 65 km, facing the sea through 3 main estuaries: Co Chien, Cung Hau and Dinh An. These are very favorable conditions for the economic development of Tra Vinh province, especially for industrial sectors.
As of 2019, Tra Vinh province has one economic zone and 3 industrial parks, of which Long Duc industrial park is one of the earliest established industrial parks in Tra Vinh, Long Duc industrial park is located in Tra Vinh commune. Long Duc, Tra Vinh City, Tra Vinh Province, was planned and put into operation in 2005, with a total area of 100.6 hectares.
The infrastructure investor of Long Duc Industrial Park is Long Duc Industrial Park Infrastructure Development Company.
Areas targeted to attract investment in Long Duc industrial park include: projects in the high-tech field (production of printing materials, optoelectronics, precision mechanical equipment processing); investment in construction and business of industrial park infrastructure; Projects that attract a lot of labor (sewing leather shoes, handbags, processing food and agricultural products) and projects such as: Producing electrical transmission sets for cars and motorbikes, producing bags packaging, production of fresh concrete and precast concrete structures,...
Long Duc Industrial Park is located at the convergence of both road and waterway traffic for the transportation and circulation of goods: 3km from Tra Vinh city center, parallel to Co Chien River and next to the River Port. Long Duc, capable of docking ships of less than 2,000 tons; There is a road connecting with National Highway 53 through Tra Vinh city, and in the near future there will be a new road connecting directly from the industrial park with National Highways 53 and 60, shortening the travel distance between the provinces of Soc Trang - Tra Vinh - Ben Tre and Ho Chi Minh City.
The infrastructure of Long Duc Industrial Park is invested synchronously and modernly, ready to welcome participating investors:
Power supply system: Long Duc 110kV transformer station located in Long Duc Industrial Park with capacity of 2x40MVA
Water supply system: The water plant in Tra Vinh city has a water supply capacity of 36,000 m3/day and night.
Wastewater treatment system: With a waste treatment plant with a capacity of 2000m3/day and night, applying suspended aerobic biological technology combined with physical and chemical treatment.
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Housing for workers: Social housing project at Long Duc industrial park, located in Sa Binh hamlet, Long Duc commune, Tra Vinh city with an area of 42,300m2, of which construction area is nearly 25,000m2. The scale of construction is 08 blocks of 05-storey buildings, with 1,440 apartments and other auxiliary works and technical infrastructure such as: markets, schools, amusement parks, entertainment areas... Total investment for this project is about 615 billion VND and is expected to be completed and put into use in the third quarter of 2021.
Telecommunications, banking and insurance services: Postal and telecommunications services, internet, mobile phone networks, banking and insurance services of reputable companies all operate in the province.
Long Duc Industrial Park is located in a convenient traffic location, the infrastructure is invested synchronously, along with Tra Vinh province's investment attraction policy with many attractive incentives, so by 2019, Long Duc industrial park has attracted 25 investment projects with a total registered investment capital of over 2,579.2 billion VND (equivalent to 128.96 million USD), including 12 foreign-invested projects and 13 domestic investment projects. Of these, 18 projects have been put into operation.
Project duration:
50 years from the date of issuance of investment certificate.
Investors can rent long-term or transfer or invest
During the rental process, the investor can sublease or transfer the property to other small investors
Investment costs in Long Duc industrial park:
Land rental price with infrastructure: 50-60 USD/m2
Electricity price: peak hour is 0.1USD/kwh; normal hour is 0.05USD/kwh; off-peak hours is 0.03USD/kwh.
Water price: 0.4 USD/ m3
Labor price: reference price is 200-500 USD/person/month. Depending on job position
Management fee: 0.2 USD /m2/year
Wastewater treatment fee: 0.28 USD/m3
Corporate income tax incentives enjoyed by Long Duc industrial park (Decree 218/2013/ND-CP): tax rate is 20% for a period of 10 years (of which the first 2 years are exempted and 50% reduced). tax amount payable for the next 04 years)
Incentives on export tax and import tax enjoyed by Long Duc industrial park: import tax exemption for goods imported to create fixed assets (Decree 118/2015/ND-CP).
Incentives for land rental in Long Duc industrial park: (according to Decree 46/2014/ND-CP):
Exemption from land rent and water surface rent during the period of capital construction according to the project approved by the competent authority, but no more than 03 (three) years from the date of decision to lease land or water surface. Next, businesses are exempted from land rent and water surface rent for 7 years for all projects, especially projects in the field of investment incentives are exempted for 11 years; Special investment incentive areas are 15 years.
The population of Tra Vinh province as of 2019 is 1.3 million people, of which the number of people of working age accounts for 63.66% and skilled workers account for 20%. The province's training system includes 01 University, Vocational Training Colleges, Medical Colleges, Center for Informatics - Foreign Languages, NIIT International Information Technology Center and vocational training establishments in many fields. different training areas, annually providing quality human resources to businesses in Tra Vinh province.
Not only that, Tra Vinh province is also located in the Mekong Delta, where there is a large and young population, so this will be an abundant source of labor supply for industrial parks in Tra Vinh province. general and Long Duc industrial park in particular.
This is an industrial park located in a location with a relatively convenient road and waterway transportation system; Long Duc Industrial Park is located in a difficult socio-economic area, so businesses participating in investment will enjoy many investment incentives; The clean land fund of the industrial park is still relatively large, so it will fully meet the land rental and factory rental needs of participating investors...
For detailed information, refer to the parameter table below:
| Category | Detail | |
|---|---|---|
| OVERVIEW: | ||
| Infrastructure investor | Long Duc Industrial Park Infrastructure Development Company | |
| Location | Vinh Hung hamlet, Long Duc commune, Tra Vinh town, Tra Vinh province | |
| Acreage | total area | 100.6 ha |
| Factory land area | ||
| Vacant area | ||
| Ratio of green trees | ||
| Operating time | ||
| Current investors | HOA SEN SOFA, AD FOODS IMPORT EXPORT, RYNAN SMART FERTILIZERS (NTNN) JOINT STOCK COMPANY, YaZaKi EDS VN Co., Ltd. | |
| Main job | Processing industry of agricultural and aquatic products; Supporting industries serve the industry - agriculture - fishery sectors; construction, electricity, electronics and other necessary materials and spare parts | |
| Occupancy | 70% | |
| LOCATION & DISTANCE: | ||
| Road | To Ho Chi Minh city: 132 km; Tra Vinh city: 4km | |
| Air | To Tan Son Nhat Airport: 130km | |
| Train | ||
| Sea port | Saigon Sea Port: 140km | |
| INFRASTRUCTURE: | ||
| Geological | Hard soil: 1,5-2,5kg/cm2 | |
| Internal traffic | Main road | Number of lane: 4 lanes |
| Secondary branch road | Number of lane: 2 lanes | |
| Electricity supply | Voltage | Power line: 110/22KV |
| Source capacity | 2x40MVA | |
| Clean water | Wattage | 40m3/ha/day |
| Highest capacity | ||
| Waste water treatment system | Wattage | 2.000m3/day (QCVN 40:2011/BTNMT) |
| Internet and telecommunications | ADSL, Fireber & Telephone line | |
| LEASING PRICE: | ||
| Land | Land rents | 50 USD |
| Rental term | 50 years | |
| Type/Class | Level A | |
| Payment methods | 12 months | |
| Deposit | 5% | |
| Minimum area | 1 ha | |
| Workshop | 4 USD | |
| Management fee | Management fee | 0.35 USD/m2 |
| Payment methods | 3 months/12 months | |
| Electricity price | Peak | 0.1 USD |
| Normal | 0.05 USD | |
| Idle | 0.03 USD | |
| Payment methods | Monthly | |
| Supplier | EVN | |
| Price of clean water | Water price | 0.4 USD/m3 |
| Payment methods | Monthly | |
| Water supplier | Charged by Gov. suppliers | |
| Wastewater fee | Price | 0.28 USD/m3 |
| Payment methods | Monthly | |
| Water quality before treatment | Level B | |
| Water quality after treatment | Level A | |
| Other fees | yes | |
