HUU THANH INDUSTRIAL PARK
Province
Long An
Occupancy Rate
40%
Area
524.14 hectares
Lease Price
150 USD/m2
The Huu Thanh Industrial Park was approved for establishment by Decision No. 3469/QD-UBND dated August 26, 2016, of the Long An Provincial People’s Committee, and was granted its initial investment certificate by the Long An Economic Zone Management Board on August 16, 2019.
The project has a total investment capital of approximately VND 5,253 billion, with a scale of 524.14 hectares, of which the land area allocated for lease for industrial production accounts for 395.41 hectares. The land lease term is calculated from the date of signing the sublease contract and extends until August 6, 2069.
Entrance to Huu Thanh IDICO Industrial Park
Details
Industrial Park Name | Huu Thanh Industrial Park |
Location | Huu Thanh commune, Duc Hoa district, Long An province |
Total Area | 524,14 hectares |
Land Rental Price | 150 USD/m2 |
Construction Density | 60% |
Occupancy Rate | 40% |
Infrastructure Information
Electrical System | Power is supplied from the national grid managed by Duc Hoa District Power Company/Long An Provincial Power Company. |
Water System | 20,000 m3/day |
Sewage System | 4,000 m3/day |
Traffic System | Road N2 connects to Provincial Road DT830; 55.0m. Vehicle lane: 7.5m x 2 lanes – Road D3a: 45.0m – Huu Thanh Industrial Park has 4 main access routes: (i) from Provincial Road 830; (ii) from Provincial Road 830 passing through the resettlement area and worker housing of Huu Thanh Industrial Park; (iii) from the inter-industrial park road through the internal road of Tan Duc Industrial Park and the expanded Hai Son Industrial Cluster; (iv) planned investment in a road along the Xang Nho canal (connecting from the inter-industrial park road with Provincial Road 830) located south of Huu Thanh Industrial Park. |
1. Project overview and legal information
Below is an overview of Huu Thanh Industrial Park:
- Project Name: Huu Thanh Industrial Park
- Location: Huu Thanh Commune, Duc Hoa District, Long An Province
- Scale: 524.14 hectares
- Occupancy Rate: Approximately 40%
- Operating Period: 50 years (2019 – 2069)
- Investment Attractions:
- The industrial park targets diverse industries such as: electrical and electronics, household and industrial electrical appliances; manufacturing of electronic equipment and components; telecommunications; assembly and repair of transport vehicles (motorcycles, cars, tractors); precision mechanics, medical equipment; steel and steel product manufacturing; wood processing; building materials; ceramics, glass; plastics, rubber; chemicals and polymers; paper; textiles; food processing; pharmaceuticals; cosmetics; manufacturing of office supplies and equipment; Sports products, toys, jewelry; along with energy sectors such as electricity, solar power, industrial gas, and many other industries.
- Human resources:
Huu Thanh Industrial Park is located in a densely populated area with an abundant labor force at reasonable labor costs. In addition, Long An province borders Ho Chi Minh City – home to many vocational training centers and schools, making it easy for businesses to recruit and train personnel.
2. Investment costs and incentives
Land Lease Fee:
A one-time payment will be applied for the entire lease period. The infrastructure usage fee (in VND) will be converted according to the USD exchange rate at the time of contract signing. The total infrastructure cost will be divided into 4 installments.Annual Management Fee:
The fee is 0.65 USD/m²/year. The converted value in VND will be adjusted annually with an increase of approximately 3.5%. This fee includes management costs, infrastructure maintenance, lighting, security, landscaping, etc., and does not include waste disposal fees.Medium voltage electricity price (22kV) (excluding VAT, applied according to State regulations):
Normal hours (04:00–9:30; 11:30–17:00; 20:00–22:00): 1,555 VND/kWh
Peak hours (9:30–11:30; 17:00–20:00): 2,871 VND/kWh
Off-peak hours (22:00–04:00): 1,007 VND/kWh
Clean water price:
Approximately 12,100 VND/m³ (including VAT), applied according to current regulations of the Long An Provincial People’s Committee.
Wastewater treatment fee:
Varying from 0.4 – 0.6 USD/m³, depending on the quality of the incoming wastewater.
Businesses operating in Huu Thanh Industrial Park benefit from many attractive investment incentives, specifically as follows:
Corporate Income Tax Incentives
- The standard corporate income tax rate is 20%.
- For the first 10 years, businesses enjoy a preferential tax rate of 17%; from the 11th year onwards, the rate is 20%.
- Tax exemption for the first 2 years and a 50% reduction in tax payable for the following 4 years, starting from the time taxable income is generated.
- The tax exemption and reduction period is calculated continuously from the first year of taxable income from the project.
- If no taxable income is generated within the first 3 years from the time revenue is generated, the incentive period will start from the 4th year.
Corporate Income Tax Incentives in Huu Thanh Industrial Park
Import Tax Incentives
Businesses are exempt from import tax on certain types of goods as stipulated by current laws on import and export taxes and related guiding documents.
Investment Support Services
- Free support for initial legal procedures such as: obtaining investment policy approval, issuing Investment Registration Certificates, and registering business establishment.
- We provide ongoing support, advice, and necessary information throughout the project implementation process, helping businesses quickly complete related procedures.
3. Geographical location
Huu Thanh Industrial Park is located in Huu Thanh commune, Duc Hoa district, Long An province – an area within the Southern key economic region. Thanks to its proximity to Ho Chi Minh City, the country’s largest economic center, the industrial park has many advantages for strong development, especially in the industrial sector. At the same time, the project also benefits from the expanding transportation and urban infrastructure system of Ho Chi Minh City. This is also a suitable choice for businesses needing to relocate or expand their factories from Ho Chi Minh City and Bien Hoa 1 Industrial Park (Dong Nai).
To the west, the industrial park borders Provincial Road DT830 – a road with a planned width of 40m (34m road surface, 3m sidewalks on each side). This road plays a crucial connecting role: to the north, it connects with Provincial Road 10 and National Highway 22B leading to Ho Chi Minh City; The southern route connects directly to the Ho Chi Minh City – Trung Luong expressway, facilitating convenient access to major ports in the region.
Transportation connections in Huu Thanh Industrial Park
Industrial Park Boundaries:
- North: Bordering Tan Duc Industrial Park (Phase 2)
- South: Bordering The Ky Industrial Park and Xang Nho Canal
- East: Bordering Xa Tinh Canal
- West: Bordering the residential area and worker housing area of Huu Thanh Industrial Park
Location of Huu Thanh Industrial Park
Transportation connections:
- Distance from Ho Chi Minh City center: approximately 30 km
- Distance from Provincial Road DT830: approximately 150 m
- Distance from Ho Chi Minh City – Trung Luong Expressway: approximately 15 km
- Distance from National Highway 1A: approximately 20 km
- Distance from Tan Son Nhat International Airport: approximately 35 km
- Distance from Long An International Port: approximately 51 km
- Distance from Cat Lai Port: approximately 55 km
4. Infrastructure System
The Huu Thanh Industrial Park project officially commenced on June 6, 2020. To date, the industrial park has been fully invested in with a synchronized and modern technical infrastructure system, ready to meet the needs of domestic and foreign investors, specifically as follows:
- Internal transportation infrastructure
The internal road system is planned to be spacious, conveniently connecting to the outside. The N2 road (55m wide) directly connects to provincial road DT830, with a road surface consisting of 2 lanes, each 7.5m wide. In addition, the D3a road has a width of 45m, contributing to the completion of the transportation network within the park.
The industrial park has 4 main access routes including: direct connection from provincial road 830; passing through the resettlement area and worker housing area; linking through the internal road system of Tan Duc Industrial Park and the expanded Hai Son Industrial Cluster; And in the future, there will be a road along the Xáng Nhỏ canal (south side), connecting the inter-industrial park axis to provincial road 830.
Internal roads of Huu Thanh Industrial Park
Power Supply System
A stable power supply is provided from the national grid, managed by Duc Hoa District Power Company and Long An Provincial Power Company, ensuring continuous production needs are met.Water Supply System
Clean water is supplied by Phu My Vinh Company with a capacity of approximately 20,000 m³/day, fully meeting the needs of the entire industrial park.Rainwater Drainage System
The industrial park is divided into 28 separate drainage basins, rationally distributed according to each area: draining into Xa Tinh Canal, Xang Nho Canal, newly dug ditches in the North and South, as well as Canal No. 7 in the Southwest. All rainwater is channeled to the Vam Co Dong River.The drainage system is designed on the principle of gravity flow, using reinforced concrete pipes of various sizes, combined with a system of manholes and drainage channels along the roads, ensuring efficient drainage.
Wastewater Treatment System
Wastewater is collected and treated centrally at a treatment plant located in the north of the industrial park, near Road D5. After treatment to meet standards, the wastewater is discharged into the general drainage system.
The plant covers an area of 3.17 hectares with a designed capacity of 14,400 m³/day; Phase 1 has already commenced operation with a capacity of 4,000 m³/day.Communication System
Telecommunications infrastructure is provided by reputable providers such as VNPT, FPT, and Viettel, ensuring continuous domestic and international connectivity, including full services: telephone, mobile, fax, and internet.Other Amenities
The Industrial Park Administration Building, constructed starting in July 2021, covers an area of 3,626 m², comprising 3 floors with a total floor area of 2,136 m² and a building height of 11.6m, serving the management and operation of the entire industrial park.
