Overview of Huu Thanh Industrial Park project
Huu Thanh Industrial Park is located in Duc Hoa district, Long An province, located in the Southern key economic region, a dynamic economic region with a particularly important role in Vietnam’s economic development strategy;
The industrial park is adjacent to Ho Chi Minh City – the largest and most dynamic economic center in the country; located at the traffic gateway connecting the Western provinces with Ho Chi Minh City, the Southeast provinces, the Central Highlands and Cambodia,…
Project name: Huu Thanh Industrial Park
Location: Huu Thanh commune, Duc Hoa district, Long An province
Scale: 524.14 hectares
Investor: IDICO Corporation
Construction start time: 2019
Project operation period: until August 6, 2069
Entrance gate to Huu Thanh Industrial Park project
Location of Huu Thanh Industrial Park
Huu Thanh IDICO Industrial Park is located in Huu Thanh commune, Duc Hoa district, Long An province, an industrial park near Ho Chi Minh City.
- North: North borders Tan Duc Industrial Park Phase 2;
- South: Adjacent to Century Industrial Park and Xang Nho Canal;
- East: Bordering the Provincial Commune Canal;
- West: Adjacent to Huu Thanh Industrial Park workers’ housing area and about 150m from Provincial Road 830;
- Away from City Expressway. HCM – Trung Luong: 15km;
- From National Highway 1A: 20km
- From Long An International Port: 51km
- From Tan Son Nhat International Airport: 40km
- From Cat Lai Port: 55km
Location of Huu Thanh Industrial Park
Directions to Huu Thanh Industrial Park
Huu Thanh Industrial Park has 4 main traffic approaches to the industrial park:
- Main approach from Provincial Road 830.
- The second approach from Provincial Road 830 passes through resettlement residential area and workers’ housing in Huu Thanh industrial park.
- The third approach goes from the inter-industrial park road through the internal road of Tan Duc Industrial Park and the expanded Hai Son industrial cluster.
- The fourth approach is expected to invest in a road along the banks of Xang Nho canal (connecting the inter-industrial park road with Provincial Road 830) located in the south of Huu Thanh industrial park.
Direction connecting to the gate of Huu Thanh Industrial Par
Infrastructure of Huu Thanh Industrial Park
Electricity distribution system:
- Power source: From the National grid managed by Duc Hoa District Electricity / Long An Provincial Electricity.
- Voltage level supplied to Factories: 22kV
Water supply system:
- Source: Kenh Dong water supply project with capacity: 50,000 m3/day and night.
Communication systems:
- The communication system is provided by network operators such as: VNPT, FPT, Viettel… ensuring smooth domestic and international communication. Includes full range of services such as: telephone, mobile phone, Fax, Internet…
Drainage system:
- Rainwater in Huu Thanh Industrial Park will be divided into about 28 drainage basins, of which: 8 basins drain to the East towards Xa Tinh canal, 5 basins drain to the Southeast towards Xang Nho canal, 10 basins drain to the The new ditch is located in the North, 2 basins drain into the existing canal No. 7 in the southwest and 3 basins drain into the new ditch in the South. The entire drainage canal system above drains into the Vam Co Dong River.
- The rainwater drainage network in Huu Thanh Industrial Park is designed to flow by gravity.
- The rainwater drainage system includes reinforced concrete sewer lines with diameters of D400, D600, D800, D1000, D1200, D1500, D1800, D2000, B2000xH2000, B2500xH2500 and B3000xH3000 combined with manhole systems and trench systems of size B500xH arranged on sidewalks running along the roads to collect rainwater from land lots and street surface rainwater through water collection gates.
Drainage system at Huu Thanh Industrial Park
Waste water treatment system:
- The industrial park will have a separate wastewater drainage system completely independent of the rainwater drainage system. All wastewater of Huu Thanh industrial park is concentrated and treated at the wastewater treatment station located next to D5 road, north of the Industrial Park. Wastewater after going through the treatment station to ensure drainage standards will be discharged into the stormwater drainage system of the industrial park.
- The wastewater treatment plant has an area of 3.17ha with a treatment capacity of 14,400m3/day and night.
Current status of land use planning in Huu Thanh Industrial Park
Total Area: 524.14 hectares. In there:
- Industrial land: 361.87 hectares
- Land for administrative and service works: 14.48 hectares
- Land for key technical works: 10.01 hectares
- Green land and water surface: 88.49 hectares
- Traffic land: 49.29 hectares
Planning layout of Huu Thanh Industrial Park project
Priority areas to attract investment
- Electronics industry, industrial electricity and household electricity;
- Electronics industry, information technology, information media, telecommunications
- Industry of manufacturing, repairing, assembling motorbikes, cars, tractors and other means of transport
- Mechanical industry, precision mechanics; Medical instruments
- Construction steel and steel pipe production industry
- Ceramics, glass, crystal industry.
- Plastic industry
- Rubber industry
- …..
Investment incentive policies
Corporate income tax rate:20%
Tax incentives:
– The preferential tax rate is 17% for 10 consecutive years from the first year the enterprise has revenue from the project. When this preferential tax rate expires, businesses will switch to applying the 20% tax rate.
Tax exemption for 2 years and 50% reduction for the next 4 years from the date of taxable income.>
- The tax exemption and reduction period is calculated continuously from the first year the enterprise has taxable income from the project;
- In case the enterprise has no taxable income in the first three years (from the first year of revenue from the project), the tax exemption and reduction period is calculated from the fourth year.
Basis for determining tax incentives: Decree No. 218/2013/ND-CP dated December 26, 2013; No. 118/2015/ND-CP dated November 12, 2015.
Import tax: Enterprises are exempt from import tax on imported goods according to the provisions of Article 16 of the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005 and Article 12 of Decree No. 87 /2010/ND-CP dated August 13, 2010 of the Government detailing the implementation of a number of articles of the Law on Export Tax and Import Tax.
Investment incentive policies at Huu Thanh Industrial Park
Planning map of project
Download high quality file of industrial park planning map: Link
Evaluation of Huu Thanh Industrial Park
Industrial park is near (adjacent) to the city. Ho Chi Minh should benefit from expanded urban and transportation projects from Ho Chi Minh City.
Industrial Park is easy to recruit workers: With its location near (adjacent to) Ho Chi Minh City, located near a densely populated area, the industrial park is easy to recruit workers.
Huu Thanh IDICO Industrial Park has good land rental prices, very competitive compared to surrounding areas.
Huu Thanh IDICO Industrial Park has many investment incentives, especially corporate income tax incentives:
+ The current general corporate income tax rate is 20%.
+ The corporate income tax rate applied in the first 10 years is 17%; From the 11th year it is 20%.
+ Tax exemption for the first 2 years from the date of taxable income; 50% discount for the next 4 years.
Huu Thanh IDICO Industrial Park is favorable for industries producing consumer goods and light industries such as yarn, textile, garment, footwear, food processing, food…; electrical industry, household appliances, electronics – information technology; furniture industry, furniture…
Huu Thanh IDICO Industrial Park is an ideal location for relocating and expanding factories that have been operating for many years in the Ho Chi Minh City area and Bien Hoa 1 industrial park, Dong Nai province.
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