1. Project overview and legal information
Viet Phat Industrial Park is located in Tan Lap commune, Thu Thua district, Long An province. The project is planned according to a modern model, combining industrial and urban areas, with over 1,200 hectares allocated for industrial development and approximately 625 hectares for urban development.
Thanks to its location within the Southern key economic zone, Viet Phat Industrial Park enjoys convenient connectivity to major economic centers: approximately 59 km from Ho Chi Minh City, 45 km from Tan Son Nhat Airport, 28 km from the Ho Chi Minh City – Trung Luong Expressway, less than 60 km from Saigon Port Container Terminal, approximately 50 km from Bourbon Port, over 65 km from Cat Lai Port, 87 km from Long An International Port, and approximately 95 km from Cai Mep Port.
2. Land lease costs and incentives
- Land lease price: approximately 120–160 USD/m² (excluding VAT, depending on industry)
- Electricity price (as regulated):
- Normal hours: 1,555 VND/kWh
- Off-peak hours: 1,007 VND/kWh
- Peak hours: 2,871 VND/kWh
- Water price: approximately 13,200 VND/m³ (including VAT)
- Infrastructure fee: approximately 0.04 USD/m²/month
- Wastewater treatment fee: approximately 9,680 VND/m³
- Corporate income tax exemption for the first 2 years
- 50% tax reduction for the following 4 years
3. Geographical location
Key Strengths
- Large area size, suitable for multi-sector investment projects
- Convenient transportation infrastructure, both road and waterway
- Location near Cambodia, favorable for import and export activities
- Flexible leasing policies to meet various investment needs
- Integrated inland waterway port and bonded warehouse within the area, supporting on-site storage and inspection of goods
- Industrial-urban mixed-use model improves quality of life and reduces commuting time for workers
- Located in a densely populated area, within a region applying the regional minimum wage level III
Functional Zoning
- Heavy Industrial Zones: 262,860 ha
- Medium Industrial Zones: 318,415 ha
- Light Industrial Zones: 163,510 ha
- High-Tech Industrial Zones: 114,945 ha
Priority Industries
- Electrical, electronics, telecommunications, optical equipment and components
- Mechanical engineering, machine manufacturing, metalworking (excluding highly polluting activities)
- Textile and garment manufacturing (excluding dyeing)
- Chemicals, pharmaceuticals, cosmetics, medical equipment
- Paper production, stationery, consumer goods, printing
- Building materials, decorative materials, new materials
- Agricultural and aquatic product processing
- Wood, glass, ceramics, jewelry production
- Food and beverages
- Animal feed
- Infrastructure services such as water supply, waste treatment, fire protection
- Warehousing, logistics, pre-built factories and transportation services
4. Infrastructure System
Transportation:
- External: National Highway N2 (planned road width 80 m), connecting key routes; the Thu Thua – Binh Thanh – Hoa Khanh route helps shorten the distance to Cambodia.
- Internal: Modern internal asphalt road system, road width from 26–77 m.
- Waterways: Connecting to Canal T6 and Canal Bo Bo to the Vam Co River; The project includes the construction of a waterway over 8 km long for 1,000 DWT barges.
Electricity Supply:
Power is supplied from the Thu Thua 110/22kV (2×40 MVA) substation, ensuring stable supply.
Water Supply:
An internal water treatment plant with a capacity of approximately 29,315 m³/day.
Wastewater Treatment:
Three separate treatment plants with a total capacity of approximately 24,000 m³/day, ensuring wastewater meets standards before discharge into the environment.
Telecommunications:
A modern information system, fully meeting the needs for telephone, mobile, and internet services, managed by specialized units.
Other Amenities:
- Separate rainwater and wastewater drainage systems.
- Centralized waste treatment and sorting area.
- Widespread green spaces, improving the working environment.
- Logistics services, warehousing, and inland port.
- Parks, service areas, banks, post offices, restaurants, and exhibition areas. Product
- Helicopter landing pad arrangement for special needs
5. AVA – A leading investment consulting firm
- Legal consulting on land and industrial real estate
- Assistance with factory and land site surveys and visits
- Services for obtaining investment licenses and business registration
- Drafting, negotiating, and signing contracts
- Notarization, certification, assistance with deposits and bank loans
