The Hoa Binh Industrial Park originated from the Hoa Binh Industrial Cluster (formerly the Nhi Thanh Industrial Cluster, renamed according to Investment Certificate No. 50121000065 issued on September 10, 2008). On August 4, 2011, the Long An Economic Zone Management Board issued Investment Certificate No. 50221000262 to Hoa Binh Infrastructure Construction Investment Joint Stock Company to implement the project, with a total investment capital of VND 592 billion on a planned area of 117.67 hectares, of which the industrial land for lease is 86.18 hectares.
HOA BINH INDUSTRIAL PARK
Province
Long An
Occupancy Rate
89%
Area
117.67 hectares
Lease Price
155 USD/m2
Details
| Industrial Park Name | Hoa Binh Industrial Park |
| Location | Nhi Thanh Commune, Thu Thua District, Long An Province |
| Total Area | 117.67 hectares |
| Land Rental Price | 155 USD/m2 |
| Construction Density | 60% |
| Occupancy Rate | 89% |
Infrastructure Information
| Electrical System | The electricity supply for production at Hoa Binh Industrial Park is ensured by the national power grid through the Thu Thua 110kV/22kV substation with a capacity of 2×25 MVA. |
| Water System | 60,000 m3/day |
| Sewage System | 4,000 m3/day |
| Traffic System | The industrial park’s internal road system is comprehensively and fully developed, directly connecting to Provincial Road 818 and located only about 500m from the National Highway 1A intersection, creating convenient transportation links to other localities and the central area. |
1. Project overview and legal information
2. Land lease costs and incentives
Infrastructure usage fees range from US$155–168/m², depending on the location of each plot.
Management fees are approximately VND 900/m²/month.
Annual land lease fees are applied according to the current regulations of the Long An Provincial People’s Committee.
Clean water prices are VND 11,750/m³ and may be adjusted according to the price list of Long An Water Supply Joint Stock Company.
Wastewater treatment fees are approximately VND 7,330/m³, and may vary depending on the characteristics of the incoming wastewater.
Electricity prices are calculated according to EVN regulations, plus a 10% industrial park management fee (applicable to factory tenants).
Note: The above prices do not include VAT and may be adjusted without prior notice.
Investment incentives: Businesses are exempt from 100% corporate income tax for the first two years and receive a 50% reduction for the following four years.
3. Geographical location
Located in Nhi Thanh commune, Thu Thua district, Long An province, the industrial park holds a crucial transportation hub connecting Ho Chi Minh City with the Mekong Delta and the Southwest region. From the industrial park, it’s easy to access key areas:
- Approximately 22 km from Ho Chi Minh City
- Approximately 35 km from Tan Son Nhat Airport
- Approximately 47 km from Cat Lai Port
- Approximately 5 km from Bourbon – Ben Luc Port
In terms of development orientation, Hoa Binh Industrial Park is a multi-sector industrial park, prioritizing investment in fields such as: electronics and telecommunications manufacturing, food processing, pharmaceutical and cosmetic production, garment manufacturing, and mechanical engineering.
4. Infrastructure System
Power Supply System: The power supply for production at Hoa Binh Industrial Park is stable and reliable, provided by the national grid through the Thu Thua 110/22kV transformer substation with a capacity of 2×25 MVA, adequately meeting the needs of businesses.
Water Supply System: Water is supplied from the Binh Anh Water Treatment Plant with a capacity of approximately 60,000 m³/day, managed and operated by Long An Water Supply Joint Stock Company.
Wastewater Treatment System: The industrial park is equipped with a centralized wastewater treatment plant with a capacity of 4,000 m³/day, ensuring that the treated wastewater meets standard A according to Vietnamese environmental regulations.
Communication System: The telecommunications infrastructure is fully undergrounded and ready to connect to each plot of land, meeting the needs for communication and high-speed internet.
Internal transportation system: The road network is fully developed, directly connecting to Provincial Road 818 and only about 500 meters from the National Highway 1A intersection, making travel and connection to surrounding areas convenient.
5. CURRENT STATUS OF INVESTMENT ATTRACTION AT HOA BINH INDUSTRIAL PARK
After more than 10 years of operation, Hoa Binh Industrial Park has completed its infrastructure system and attracted more than 32 domestic and foreign investment projects, achieving an occupancy rate of over 89% of the total area. The industrial park currently houses many prominent projects such as: the keychain manufacturing and processing project of ASG Global Co., Ltd. (South Korea); the pharmaceutical manufacturing project of Vietnam Pharmaceutical Joint Stock Company; the suitcase and handbag manufacturing project of JS Vina Co., Ltd. (South Korea); the footwear accessories manufacturing project of Force Tech Co., Ltd. (China), along with many other projects.