Duc Hoa III Slico Industrial Park – Where Opportunities Connect, Building a Sustainable Future

Duc Hoa III Slico Industrial Park was officially commenced on May 15th, 2020, in Duc Lap Ha commune, Duc Hoa district, Long An province. It is one of the prominent industrial parks in the Southern region, strategically located on Provincial Road 823, conveniently connecting to major transportation routes. This industrial park is invested in and developed by Saigon – Long An Industrial Park Infrastructure Investment Construction and Business Joint Stock Company, with a total land area of ​​up to 157.27 hectares.

Duc Hoa III Slico IP offers flexible construction areas, with workshops ranging from 1,000m² and up, and a minimum land area for a plot of 10,000m². The maximum construction area reaches 1,000m², meeting the needs of both small and medium enterprises as well as large-scale projects.

This industrial park will operate and develop continuously until 2054, creating great opportunities for domestic and foreign investors, especially in the context of the strong growth trend of processing and manufacturing industries in the region.

Tax Incentive Policies at Duc Hoa III Slico Industrial Park

Strategic Location of Duc Hoa III Slico Industrial Park

Duc Hoa III Slico Industrial Park is located on 36m Road, Duc Hoa Ha commune, Duc Hoa district, Long An province, about 30km west of Ho Chi Minh City. Notably, this industrial park is also situated in a strategic location, acting as a gateway connecting the Northwest and Southwest regions of Ho Chi Minh City via Ring Road 3 and Ring Road 4. These are important routes that connect the Western provinces and the Southeast region with the center of Ho Chi Minh City, facilitating trade and transportation of goods.

Furthermore, Duc Hoa III – Slico IP lies on the largest economic corridor of Ho Chi Minh City along National Highway 22, towards Moc Bai International Border Gate, an important trade gateway with Cambodia and ASEAN countries. This location not only helps businesses in the IP easily access international ports and border gates but also creates great opportunities in expanding the supply and consumption network of products.

In addition, Slico IP is located amidst three large residential clusters: Duc Hoa, Hau Nghia, and Cu Chi. These are areas with complete and rapidly developing transportation infrastructure, making it easier and more efficient for businesses in the industrial park to travel and connect with surrounding areas. The proximity to these residential clusters also brings advantages in labor recruitment, as these areas have abundant and diverse human resources.

Distance from Duc Hoa III Slico I.P to major cities, ports, airports, and key transportation routes:

Strategic Location of Duc Hoa III Slico Industrial Park

Labor Resources

Duc Hoa III Slico Industrial Park not only possesses a strategic location but also benefits from abundant and diverse labor resources, especially a young, dynamic workforce with high professional skills from surrounding areas. Below is some information about the labor force in this region:

• Ho Chi Minh City: Population of about 9 million people (2019), with a large, diverse, and readily available labor force. The high population density of 4,375 people/km² creates a large potential labor pool.
• Long An: Population of about 2 million people (2019), creating a stable labor source for industrial parks in the region. The population density of about 392 people/km² indicates a widespread population distribution but concentrated in urban and industrial areas.
• Duc Hoa District: Population of 368,000 people (2023), including a large number of available workers of working age. The population density reaches 736 people/km², a relatively high population concentration area, contributing to the abundant labor supply for industrial parks in the region.
• Number of workers of working age: About 1,050,000 people, of which 80% are local workers and 20% are foreign workers. This shows that the labor force in the Duc Hoa area is mainly local, making it easy for businesses to recruit and maintain a stable workforce.
• Minimum wage: 4,960,000 VND/person/month (according to Region 1 salary regulations). This wage is quite competitive compared to other regions, helping to attract labor not only locally but also from neighboring provinces.

Modern Infrastructure of Duc Hoa III Slico Industrial Park

Duc Hoa III Slico Industrial Park possesses a synchronous and modern infrastructure system, fully meeting the production and operation needs of businesses. Here are the key factors in the infrastructure and utilities that this industrial park offers:

Convenient Transportation System

• Roads in the industrial park: The industrial park has wide and convenient roads for transporting goods, including a 36m wide main road and internal roads with a width of 25m. This ensures smooth and fast movement within the industrial park.

Stable Power System

• 110kV internal power station: Duc Hoa III Slico IP is equipped with a high-capacity internal power station, providing a stable power source for both living and production needs of businesses. This ensures that production activities are not interrupted by electricity problems.

Clean Water Supply

• Clean water supply plant: The IP owns a water supply plant with a capacity of 12,000 m³/day and night, ensuring an adequate supply of clean water for the living and production needs of businesses.
• Water supply system: The IP has a water pipeline system installed to each land plot, including water supply plants from Phu My Vinh and Kenh Dong, making connection and water supply to businesses quick and convenient.

Wastewater Treatment System

• Wastewater treatment plant: With a capacity of 6,000 m³/day and night, the wastewater treatment system at Duc Hoa III Slico IP ensures environmental sanitation and complies with environmental protection standards.
• Rainwater drainage and wastewater collection system: The rainwater drainage and wastewater collection system has been pre-installed to each land plot, making wastewater treatment efficient and limiting flooding in the industrial park.

Telecommunications System

• Internet and telecommunications: A high-speed internet system has been pre-installed in the industrial park, ensuring that businesses can operate, transact, and connect with customers easily, quickly, and stably.

24/7 Security System

• Security forces: Duc Hoa III Slico IP always maintains 24/7 security forces to ensure absolute safety for businesses and the assets of investors. The modern security system, combined with strict supervision, creates a safe and efficient working environment for businesses.

Industries and Fields

Duc Hoa III Slico IP attracts businesses operating in various industries, including:

• Food and consumer goods: Duc Hoa III Slico Industrial Park is a hub for businesses in the food industry, providing processed food products, deep-processed food, and other consumer goods.
• Logistics: Logistics companies here apply means of transport using renewable energy, electric vehicles, and intelligent warehouse management technologies, contributing to reducing emissions and improving the efficiency of goods transportation.
• Packaging: Packaging is an important industry in the industrial park, with packaging products made from recycled or bio-based materials, helping to minimize plastic waste.
• Precision mechanics: The precision mechanics industry in this industrial park mainly provides components and spare parts for other industries, from automobiles and electronics to industrial machinery.
• Electronics: The electronics industry at Duc Hoa III Slico continues to develop with consumer electronics products, electronic components, and high-tech systems.
• Mechanical assembly: Mechanical assembly and related industries at Duc Hoa III Slico I.P are applying lean production models, helping to minimize costs and resources while improving production efficiency.
• Construction materials: With the development of the construction industry, Duc Hoa III Slico I.P is also a place to produce green building materials, such as ecological bricks, insulation materials, recycled concrete, and environmentally friendly products.
• Pharmaceuticals: The pharmaceutical industry in the industrial park focuses on the production of medicines, functional foods, and healthcare products.
• Garment and apparel: Garment companies at Duc Hoa III Slico I.P produce fashion products, clothes, and accessories with environmentally friendly materials.

Rental and Payment Fees at Duc Hoa III Slico Industrial Park

Duc Hoa III Slico Industrial Park not only stands out with its modern infrastructure but also offers attractive land rental and service conditions for investors. Below is detailed information about land rental prices and service fees in the industrial park.

Land Rental Price:

• Land rental price at Duc Hoa III Slico Industrial Park: 170 USD/m².
• Payment schedule:
  • Phase 1: When signing the land reservation agreement, pay 10% of the land rental value.
  • Phase 2: When signing the land lease contract (land handover), pay 40% of the land rental value.
  • Phase 3: 2 months after the date of signing the land lease contract, pay 30% of the land rental value.
  • Phase 4: When handing over the land use right certificate (red book), pay 20% of the land rental value.
• Minimum rental area: 7,000 m², suitable for the needs of medium and large enterprises.

Infrastructure Maintenance and Service Fees:

• Infrastructure fee: 0.5 USD/m²/year. This fee includes the cost of maintaining and repairing common infrastructure in the industrial park, helping to ensure the quality of the production and living environment for businesses.
• Service fee payment: Annually.

Electricity for Operation and Production

• Electricity price: Applied according to the state price frame (VND/kWh) for different time frames.
  • Normal time: Apply the state price frame.
  • Peak time: Apply the state price frame.
  • Off-peak time: Apply the state price frame.
• Payment: Monthly electricity payment according to actual consumption.

Domestic Water

• Domestic water price: 0.4 USD/m³.
• Payment: Monthly payment according to actual water consumption.

Wastewater Treatment Fee

• Wastewater treatment price: 0.3 USD/m³.
• Payment: Monthly payment according to actual wastewater discharge.
• Method of determining wastewater discharge: Wastewater discharge is determined to be 80% of the water supply.
• Input wastewater standard: Type B (according to national standards).
• Output wastewater standard: Type A (according to national standards).

Utility Services – Duc Hoa III Slico Industrial Park

Duc Hoa III Slico Industrial Park not only attracts investors thanks to its modern infrastructure and convenient location but is also located near important amenities, meeting the living, healthcare, and education needs of workers and businesses. Below are the prominent amenities and services in the area surrounding the industrial park.

Medical Facilities:

• Xuyen A General Hospital – 15 km: Provides high-quality healthcare services for residents and workers in the area.
• Hau Nghia General Hospital – 10 km: Local hospital with full medical equipment, meeting the medical examination and treatment needs of the community.

Educational Facilities:

• Tan Tao University – 20 km: A prestigious university, offering a variety of training programs for students, especially in economics and industry.
• Long An College – Duc Hoa – 9 km: Provides vocational and college training programs, serving the human resource needs of the industrial area.

Entertainment Facilities:

• Vinpearl Golf – 8 km: A high-class golf club with an 18-hole golf course, an ideal place for relaxation and entertainment for investors and experts.
• West Lakes Golf & Villas – 18 km: A high-class resort and golf course, combining sports and relaxation, helping to reduce stress for entrepreneurs and families.

Food and Beverage Facilities:

• Kim Ma Garden Restaurant (seafood and young beef) – 5 km: Famous for its delicious fresh seafood dishes and specialty young beef, an ideal place for parties and entertaining guests.
• Xuan Dao Young Beef Restaurant – 7 km: A restaurant famous for its specialty young beef dishes, offering a rich culinary experience.
• Son Luy Roasted Calf Restaurant – 3 km: One of the prominent specialty restaurants in the area, specializing in roasted calf – a traditional Southern dish.

New Urban Area Projects:

• Slico new urban area project: A large project, developing a complete living space and amenities, bringing a modern living environment for workers and residents.
• Minh Ngan – AMIC – RESCO new urban area project: An urban area developed according to a green and modern model, creating a comfortable living space near industrial zones.

Nearby Residential Clusters:

Duc Hoa III Slico IP is located between 3 large residential clusters, bringing many advantages in terms of human resources and convenient services:

• Duc Hoa town – The administrative center of Duc Hoa district.
• Hau Nghia town – A connecting location with industrial and commercial areas.
• Cu Chi town – Located in the northwestern economic development zone of Ho Chi Minh City.

Incentive Policies of Duc Hoa III Slico Industrial Park

Duc Hoa III Slico Industrial Park offers many attractive tax incentives for businesses investing in this area, helping to reduce production costs and optimize profits. Below is detailed information about tax incentives for businesses in the industrial park.

• Current corporate income tax (CIT) rate: 20%.
• Tax incentives for businesses:
  • Tax exemption for the first 2 years: Businesses operating in Duc Hoa III Slico I.P will be exempt from corporate income tax for the first 2 years.
  • 50% reduction in tax payable for the next 4 years: After 2 years of tax exemption, businesses will receive a 50% reduction in CIT payable for the next 4 years.
  • 17% CIT in the last 4 years: In the last 4 years of the incentive period, businesses will have to pay CIT at the rate of 17% (lower than the basic tax rate of 20%).

Strategic Location of Duc Hoa III Slico Industrial Park – vinasc

Competitive Advantages

Duc Hoa III Slico Industrial Park has many competitive advantages compared to other industrial parks, including:

• Prime location: Near Ho Chi Minh City and major ports, convenient for trade.
• Synchronous infrastructure: Fully meets the needs of production and logistics businesses.
• Abundant labor resources: Located in an area with abundant and high-quality labor resources.
• Attractive incentive policies: Tax policies and incentives for businesses investing in the industrial park.

All these factors make Duc Hoa III Slico IP one of the ideal industrial parks for domestic and foreign investors.

Conclusion

With the goal of long-term development and creating an efficient business ecosystem, Duc Hoa III Slico IP is expanding opportunities for domestic and foreign investors, especially in the context of increasing demand for manufacturing and logistics development. Choosing to invest here not only brings sustainable profits but also contributes to the development of the local and national economy.

FAQ – Duc Hoa III Slico Industrial Park

1. Where is Duc Hoa III Slico Industrial Park located?

Duc Hoa III Slico Industrial Park is located in Duc Lap Ha commune, Duc Hoa district, Long An province, about 30km west of Ho Chi Minh City.

2. What is the area of ​​Duc Hoa III Slico IP?

Duc Hoa III Slico IP has a total area of ​​up to 157.27 hectares, with a minimum land area for a plot of 10,000 m².

3. What is the land rental price at Duc Hoa III Slico IP?

The land rental price at Duc Hoa III Slico IP is 170 USD/m². The infrastructure fee is 0.5 USD/m²/year.

4. Which industries does this industrial park support?

Duc Hoa III Slico IP attracts businesses operating in many industries, including food, consumer goods, logistics, packaging, precision mechanics, electronics, mechanical assembly, construction materials, pharmaceuticals, garment and apparel, and environmentally friendly industries.

5. Does Duc Hoa III Slico IP have preferential tax policies?

Yes, businesses in the IP will be exempt from corporate income tax (CIT) for the first 2 years, receive a 50% reduction in CIT for the next 4 years, and only have to pay 17% CIT in the last 4 years.

6. What is the infrastructure system like at Duc Hoa III Slico IP?

Duc Hoa III Slico IP has a synchronous and modern infrastructure system, including spacious roads, a 110kV power station, a clean water supply plant, a wastewater treatment system, a high-speed telecommunications system, and 24/7 security.

7. What is the labor wage level in the IP?

The minimum wage at Duc Hoa III Slico IP is 4,960,000 VND/month, a competitive wage that helps attract local labor and from neighboring provinces.

8. What facilities does Duc Hoa III Slico IP have for workers and businesses?

The IP is close to medical, educational, entertainment, and culinary facilities, including hospitals, universities, golf courses, restaurants, and new urban areas, creating convenient living and working conditions for workers and businesses.

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