Viet Kieu Industrial Park

Province

Binh Phuoc

Occupancy rate

50%

Area

103.9 hectares

Lease Price

Contact

Details

Industrial Park Name	Viet Kieu Industrial Park
Location	Thanh Binh Commune, Hon Quan District, Binh Phuoc Province
Total Area	103,9 hectares
Occupancy Rate	50%

Infrastructure Information

Electrical System	The 110kV substation, connected to the national power grid, will supply electricity to secondary investors 24/7 via the 22kV grid.
Water System	4,000 m3/day
Sewage System	The treated wastewater will meet Class A standards and will be reused in production. The wastewater treatment system has a designed capacity of 3,000 m3/day, which can be expanded to 6,000 m3/day in phase 2.
Traffic System	• The industrial park’s internal road system is arranged along the land plots and connects to the external transportation system, including: • Main road D1: runs throughout the industrial park in a North-South direction, connecting to the external transportation network, with a width of 42m. • The remaining roads run parallel and perpendicular to the main road: – Roads D2 and D4 have a width of 33m. – Road D3 has a width of 32m.

1. Project overview and legal information

The Viet Kieu Industrial Park’s detailed planning was approved by the People’s Committee of Binh Phuoc Province according to Decision No. 624/QD-UBND dated April 2, 2008. The project was initially granted Investment Certificate No. 44221000077 by the Management Board of Industrial Parks of Binh Phuoc Province on September 11, 2009, and subsequently adjusted for the second time with project code 5483024109 on February 25, 2019.

AVA Consulting would like to introduce the following overview of the Viet Kieu Industrial Park:

Project Name: Viet Kieu Industrial Park
Location: Thanh Binh Commune, Hon Quan District, Binh Phuoc Province
Scale: 103.9 hectares
Operating Period: 50 years (from 2008 to 2058)
Occupancy Rate: Approximately 50%
Investment Target Sectors: Priority is given to manufacturing and processing industries such as rubber, wood, electronics, lighting equipment, garment, food processing, etc.

The industrial park is divided into functional zones according to specific industry groups:

Zones A, B, E, F: Focus on rubber processing industries (producing tires and rubber mattresses from pre-processed raw materials), beverage production, agricultural product processing, plastic and plastic packaging production, etc.
Zones C, D, G: Development of electrical and electronics industries, garment, wood processing, building materials, pharmaceutical, and chemical industries. Pharmaceuticals, paper packaging and paper manufacturing…
Zones E and F: Arrangement of food production and processing industries.

2. Costs and incentives for leasing land in the Viet Kieu Industrial Park

3. Geographical location of the Viet Kieu Industrial Park

The Viet Kieu Industrial Park is located in Thanh Binh commune, Hon Quan district (formerly Binh Long district), Binh Phuoc province, approximately 110 km south of Ho Chi Minh City. Its proximity to National Highway 13 gives the industrial park a significant advantage in transportation and goods circulation.

Regional Links:

East: borders residential areas and planned residential land.
West: borders rubber plantations owned by Binh Long Rubber Joint Stock Company.
South: borders an asphalt road connecting to National Highway 13 and Tan Khai Industrial Park (45 ha).
North: borders residential areas and privately owned land.

Topography: The area has a relatively flat terrain, with a slight slope towards Sa Cat Lake.

4. Infrastructure system of the Viet Kieu Industrial Park

The Viet Kieu Industrial Park officially commenced construction on December 14, 2019. Despite the impact of the Covid-19 pandemic, the basic technical infrastructure has now been completed, ready to meet the needs of investors to build factories and expand production.

Internal Transportation System:
The internal road network is planned synchronously, arranged along the land plots and conveniently connected to the external transportation system, including:

Main road D1 runs throughout the industrial park in a North-South direction, directly connecting to the external transportation system, with a width of 42 m.
The remaining roads are arranged parallel and perpendicular to the main road: D2 and D4 have a width of 33 m; D3 has a width of 32 m.
The entire road system is paved with hot asphalt concrete meeting Vietnamese standards, with sidewalks, median strips, lighting systems, and synchronized greenery.

Electricity Supply System:
Electricity is supplied from a 110kV substation, stepped down to a 22kV grid, ensuring stable 24/7 power supply for businesses in the park.

Water Supply System:
Clean water is supplied from the Binh Phuoc province water supply system, with a capacity of approximately 4,000 m³/day, meeting the needs of the industrial park.

Telecommunications System:
Modernized infrastructure is in place, fully meeting communication needs such as landline and mobile phones, domestic and international calls, and high-speed internet service.

Fire Protection System:
Fire hydrants are placed along roads and at intersections with an average distance of 150 m/hydrant. Each factory is equipped with fire extinguishing equipment and a fire alarm system. Security personnel are on duty 24/7, ready to handle emergencies.

Wastewater Treatment System:
Modern closed-loop treatment technology is applied, ensuring environmental safety. Treated wastewater meets Class A standards and can be reused in production. The designed capacity is 3,000 m³/day, which can be upgraded to 6,000 m³/day in the next phase.

Environmental sanitation:
Non-hazardous domestic and industrial waste is collected and transported to a centralized treatment facility. For hazardous waste, the collection, transportation, and treatment processes are carried out in accordance with regulations to ensure environmental protection.

5. Investment incentives

Corporate income tax incentives for investment-incentive industries:

Businesses in the prioritized industry group are subject to attractive tax policies, including: exemption from corporate income tax for up to 4 years, a 50% reduction in tax payable for the following 9 years, and a preferential tax rate of 10% for 15 years.

Tax incentives in Binh Phuoc include:

Businesses applying high technology as prioritized by the Prime Minister
Production of biotechnology products
Production of composite materials and lightweight building materials
Processing and preservation of agricultural, forestry, and aquatic products; processing of non-timber forest products
Research and production of food using biotechnology
Production of wood products and artificial boards (plywood, laminated boards, MDF)
Production of pharmaceutical raw materials and medicines
Production of energy-saving products
Production of pharmaceutical chemicals, basic chemicals, and rubber
Production of automobiles and auto parts
Production of electronic components and accessories
Production of machinery and equipment for agriculture, forestry, fisheries, and food processing
Mineral extraction and processing for the production of building materials
Production of animal feed and aquatic feed
Production of pesticides, organic fertilizers, and biological products
Production of handicrafts Industry
Manufacturing of environmental monitoring equipment and on-site wastewater treatment equipment

Tax incentives for non-priority industries:
Businesses outside the priority industry group still benefit from support policies, including: exemption from corporate income tax for the first two years, a 50% reduction for the following four years, and application of a 15% tax rate for the first ten years.

Import and export tax incentives:
Businesses are exempt from import tax on machinery and equipment used to create fixed assets, as stipulated in Law No. 107/2016/QH13 on Import and Export Taxes and Decree No. 134/2016/ND-CP and other relevant current regulations.