Full Acquisition of An Industrial Park in Southern Vietnam

Full Acquisition of An Industrial Park in Southern Vietnam

Monday, 11 Nov, 2024
100-Hectare Industrial Park Investment Opportunity in Southern Vietnam

An Exciting Investment Opportunity in Southern Vietnam

Over 100 Hectares of Prime Industrial Land Available for Full Acquisition

The Industrial Park, costs a total of VND370 billion (over US$18 million) for construction.
Prime location and ideal traffic system for industrial production are magnets of the industrial park to investors.

 

Key Highlights


Site Connection

  • Binh Thuan province
  • Located adjacent to National Highway 1A
  • Close to major highways and ports
  • Close to primary cities in the region
The Industrial Park, costs a total of VND370 billion (over US$18 million) for construction. Prime location and ideal traffic system for industrial production are magnets of the industrial park to investors.
General Planning

Incentives

  • Lower tax rates for whole duration of investment term or part thereof; exemption from and reduction of tax rates
  • Import duty exemption for fixed assets, and
  • Reduction/exemption of land rental.
  • Preferential Tax Rates:
    Companies are entitled to pay CIT at a rate lower than the standard 20%. There are three preferential rates  -10%, -15% and -17%;
    These lower rates can either hold good for the entire lifetime of a project or for a pre-defined period, depending on the specific provisions.
  • Certain sectors in Vietnam are encouraged for investment, and include industries that the government plans to incentivize, facilitate investment in, or which are beneficial for society:

    - high-tech industries;
    - supporting products used in high-tech industries;
    - software products;
    - research and development;
    - selected agricultural and allied sectors;

    - infrastructure development;
    - renewable energy;
    - education;
    - health care;
    - sports and culture.

  • Businesses can also enjoy exemptions from import duty if they meet one of the following criteria:
    - goods are imported to form fixed assets of select projects prescribed under the law;
    - goods are imported for implementing export processing contracts with foreign parties;
    - raw materials and supplies are imported to directly serve the production of software products, and cannot be produced domestically;
    - goods are imported for use in scientific research and technological development and cannot be produced domestically.
  • The table below summarises the incentives on Land Rental (as regulated in Decree 46/2014/ND-CP dated 15 May 2014 of the Government on Regulations on collection of land and water surface rental fees):

Lease term

  • Lease Term: Until 2063
  • Available Land Size: Negotiable
     

Utilities

  • Supply water system
  • Electrical system (110/22KV)
  • Wastewater treatment system
  • Landscape lake
  • Houses for Profesional 
  • Apartments/Houses for Workers
  • Telecommunication 

    To learn more about this exclusive opportunity, please contact FIBIC team. 

Please note that specific project details, including the exact location, developer information, and financial data, are withheld for confidentiality. These will be shared upon verification of interest and execution of a Non-Disclosure Agreement (NDA)

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