1. Overview of Le Minh Xuan Industrial Park
Is one of the City’s concentrated industrial parks established under Decision No. 630/TTg dated August 8, 1997 of the Prime Minister. The investor is Binh Chanh Construction Investment Joint Stock Company (BCCI), operating since 1997. Le Minh Xuan Industrial Park has received about 166 investors from home and abroad, including about 27 businesses. Enterprise with 100% foreign capital investment, 03 joint venture enterprises. Le Minh Xuan Industrial Park is considered a successful Industrial Park of the City.
Currently the priority areas in the Industrial Park are:
- Garment and leather shoe industry
- Non-ferrous metal processing, rolling, and casting industries
- Plastic and plastics industry
- Rubber processing industry
- Textile, dyeing, tanning, plating industry
- Food processing industry
- Electronic assembly industry, household electrical appliances
- Construction materials and interior decoration manufacturing industry
- Glass ceramic industry…….
The Industrial Park has allowed many service providers to set up branches right in the Industrial Park to provide necessary services to businesses in the Industrial Park such as: Customs, Banks, Posts and Telecommunications. , Insurance…….
See more: 20 typical industrial parks in Vietnam
2. Geographical location of Le Minh Xuan Industrial Park
Le Minh Xuan Industrial Park (located in the west of Ho Chi Minh City, on the border of Tan Nhut commune and Le Minh Xuan commune, Binh Chanh district) is about 18 km from the city center, about 8km from residential areas, and from the national highway. 1A 6km and Provincial Road 10 and existing residential area (along Provincial Road 10) about 3 km, 18 km from Tan Son Nhat airport and Saigon port, located on Tran Dai Nghia street, Binh Chanh District.
- The North borders canal number 6.
- The West borders Go May – Tan Nhut road (meridian B).
- The East borders the fields of Le Minh Xuan farm.
- The south borders canal number 8.
3. Infrastructure of Le Minh Xuan Industrial Park
- Roads: Complete internal roads help trucks easily communicate with key economic regions.
- Power supply: Power source comes from the national grid and Phu Lam 500kV transformer station
- Water supply: The city’s water supply system with the capacity and underground water system of the Industrial Park.
- Communication: Building a modern information technology system to serve the domestic and international communication needs of investors conveniently, high-speed ADSL transmission line…
- Waste treatment: Waste is collected and transported to centralized treatment areas according to regulations.
- Wastewater treatment: Wastewater treatment plant with design capacity of 4,000m3/day and night.
4. Investment incentives:
- Tax exemption for 2 years, 50% reduction in tax payable for the next 4 years.
- The tax exemption and tax reduction period is calculated continuously from the first year of taxable income from a new investment project that enjoys tax incentives, in case there is no taxable income in the first 3 years, from the first year. If there is revenue from a new investment project, the tax exemption or tax reduction period is calculated from the fourth year
. 5Investment costs:
- Electricity price: 1,700 VND/KWh
- Water price: 4,000 VND/m3
- Labor price Reference price: 100 – 400 USD/person/month.
- Solid waste treatment fee: According to regulations of the Provincial People’s Committee and the Industrial Park Management Board
- Wastewater treatment fee: 2,700 VND/m3
- Management fee: According to regulations of the Provincial People’s Committee and the Industrial Park Management Board
Evaluate
– Advantage
Near Tan Son Nhat International Airport. Modern and convenient infrastructure and transportation system. The workforce is resourceful. High level of management. Accommodation services are available. Good logistics. Where many reputable investors gather
– Opportunity
Good connections, available supporting industries, good support services for investors. Local government support is good, investment incentive policies are clear and transparent. High competitiveness index.
