THOT NOT INDUSTRIAL PARK
Province/City
Can Tho
Occupancy Rate
30%
Area
600 hectares
Lease Price
140 USD/m2
Details
Industrial park name | Thot Not Industrial Park |
Location | Thoi Thuan Commune, Thot Not District, Can Tho City. |
Total area | 600 hectares |
Land rental price | 140 USD/m2 |
Construction density | 1000 % |
Occupancy rate | 30% |
Infrastructure information
Electrical system | 110/35/22KV |
Water system | 30,000 m3 per day |
Sewage system | 2,900 m3/day – night |
Transportation system | + Main roads within the industrial park are 40 m wide – 4 lanes. + Branch roads within the industrial park are 22 m wide – 2 lanes. |
1. Project overview and legal information
Below is an overview of Thot Not Industrial Park compiled and presented by AVA Consulting:
- Industrial Park Name: Thot Not Industrial Park – Can Tho
- Location: Thoi Thuan Commune, Thot Not District, Can Tho City
- Scale: Total area approximately 600 hectares
- Reference rental price: Approximately 140 USD/m² (excluding VAT and subject to change at any given time)
- Priority industries for investment attraction: Focusing on seafood processing, animal feed production, and related industries.
Human Resources at Thot Not Industrial Park
Can Tho City is considered to have a significant advantage in terms of labor resources for industrial development. According to 2019 data, the city’s population reached over 1.28 million people, with the working-age population (15-64 years old) accounting for approximately 71.2%. This is a crucial foundation for meeting the recruitment needs of businesses operating in the city’s industrial parks.
Furthermore, as the center of the Mekong Delta region, Can Tho can attract labor from many neighboring provinces and cities, creating a stable and abundant supply of human resources for its industrial parks, including Thot Not Industrial Park.
In addition to the advantage of a large labor force, the city also pays special attention to vocational training to improve the quality of its human resources. As of 2019, Can Tho had 73 active vocational education institutions, including: 7 colleges, 3 branches offering training from college level downwards, 14 secondary vocational training centers, 25 vocational education centers, and 24 businesses participating in short-term and basic vocational training. This training system contributes to providing a skilled workforce, meeting the development needs of industrial zones in the city.
2. Investment costs and incentives
Investment Costs in Thot Not Industrial Park
- Land lease price (including infrastructure): ranges from 100 – 120 USD/m²
- Electricity price: applied according to usage hours, including:
- Peak hours: approximately 0.1 USD/kWh
- Normal hours: approximately 0.05 USD/kWh
- Off-peak hours: approximately 0.03 USD/kWh
- Clean water price: approximately 0.4 USD/m³
- Infrastructure management fee: approximately 0.3 USD/m²/year
- Wastewater treatment cost: approximately 0.28 USD/m³
Investment incentives in Thot Not Industrial Park
Land lease fee incentives
According to Decree No. 46/2014/ND-CP, some projects are considered for exemption from land lease fees, especially projects building housing for industrial park workers that have been approved by competent authorities.
Import Tax Incentives
According to the 2016 Law on Export and Import Taxes, imported goods intended to create fixed assets for investment-incentive projects will be exempt from import tax, including:
- Machinery and equipment for production; components, spare parts, and individual parts used for assembly or integration with machinery systems.
- Raw materials for manufacturing machinery, equipment, or accompanying components and parts.
- Specialized transport vehicles belonging to the technological process, used directly for the production activities of the project.
- Domestic construction materials that are not yet produced domestically, serving the investment process for building factories and production infrastructure.
3. Geographical location of Thot Not Industrial Park
Thot Not Industrial Park boasts a convenient location, providing easy access to many important infrastructure hubs in the region, specifically:
- Approximately 50 km from Can Tho city center
- Approximately 45 km from Can Tho Airport
- Approximately 50 km from Can Tho Port
4. Infrastructure system
Technical Infrastructure System at Thot Not Industrial Park
Internal Transportation System:
The internal transportation infrastructure within the industrial park is planned comprehensively, ensuring convenient connectivity and smooth traffic flow between production areas. Specifically:
- Main arterial roads are constructed with a width of 40 m, including 4 lanes.
- Branch roads have a width of 22 m, with 2 lanes.
The entire internal road system is constructed according to national technical standards, using high-quality asphalt concrete pavement. In addition, a complete high-pressure lighting system is installed, ensuring both traffic safety and enhancing the aesthetics of the entire industrial park.
Electricity Supply System:
Electricity for production is supplied from a 110/35/22KV transformer substation, ensuring a stable power supply for businesses. Medium and high voltage power grids are arranged along internal transportation routes, facilitating connections to each factory.
Clean water supply system:
Clean water is supplied from a water treatment plant with a capacity of approximately 30,000 m³/day, adequately meeting production and domestic needs. The water supply pipeline system is invested according to international standards and leads directly to the fence of each factory.
Wastewater and waste treatment system:
Wastewater generated in the industrial park is collected centrally and treated at the wastewater treatment plant before being discharged into the general system. The quality of treated water meets Class A standards according to QCVN 40:2011/BTNMT. The wastewater treatment plant has a capacity of approximately 2,900 m³/day, meeting environmental protection requirements.
Communication System:
The industrial park is equipped with a modern underground telecommunications cable system, ensuring seamless connectivity for communication and internet services. Telecommunications infrastructure is directly extended to the fences of each factory according to international standards, effectively supporting the business operations of enterprises.