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Du Long Industrial Park, Ninh Thuan Province

Du Long Industrial Park, Ninh Thuan Province

Du Long Industrial Park was added by the Prime Minister to the industrial planning of Ninh Thuan province until 2010 in Document No. 256/TTg-CN dated March 14, 2005 of the Prime Minister. After that, the industrial park was adjusted to increase the planning area to 410 hectares in Decision No. 1107/QD-TTg dated August 21, 2006 of the Prime Minister. Du Long Industrial Park was officially established in Decision No. 3848/QD-UBND dated June 30, 2008 of the People’s Committee of Ninh Thuan province with the full name Du Long Industrial Park with 02 phases including phase 1 area of 254.18 hectares (from 2007 – 2009) and phase 2 area of 153.1 hectares (from 2009 – 2012).

Du Long Industrial Park was first approved by the People’s Committee of Ninh Thuan province for its detailed 1/2000 scale construction plan on January 8, 2013 and was adjusted many times. On May 5, 2015, the Industrial Park was adjusted to reduce the planning area to 407 hectares in Document No. 620/TTg-KTN of the Prime Minister. The most recent document on scale adjustment is shown in Decision No. 142/QD-UBND dated March 31, 2023 of the Provincial People’s Committee. According to the latest plan, Du Long Industrial Park has a total planning area of 407.28 hectares.

Du Long Industrial Park

Du Long Industrial Park, Ninh Thuan Province

I. Overview of Du Long Industrial Park

Du Long Industrial Park is currently the largest industrial park operating in Ninh Thuan province with a total area of 407.28 hectares; of which the area of industrial land for lease is 306.11 hectares. In particular, the rental area is divided into 2 main areas including:

Zone 1 (49.23 hectares) is for industries that easily affect the environment such as textile dyeing, chemicals…
Zone 2 (256.79 hectares) is for other industries on the list of industries attracting investment in the industrial park.

RSL Group would like to introduce an overview of the Du Long Industrial Park project as follows:

  • Name: Du Long Industrial Park (Du Long IP)
  • Location: Loi Hai commune, Bac Phong commune, Thuan Bac district, Ninh Thuan province
  • Area: 407,28 hectares
  • Occupancy rate: 20%
  • Operating term: 50 years (2007 – 2057)
  • Industries attracting investment: Weaving, dyeing and finishing fabrics, food processing, mechanical processing & construction, electronics & semiconductor industry, pharmaceutical & chemical industry and other industries.
  • Human resources: Ninh Thuan province’s population in 2020 is about 593,644 people, average population density is 176.1 people/km2. The working age population in 2020 is about 346,800 people, accounting for about 58.4% of the province’s population; The rate of trained workers is about 60.17%. Minimum salary of Ninh Thuan in region 3: 3,640,000 VND/month.

Du Long Industrial Park, Ninh Thuan Province

Du Long Industrial Park is the only industrial park that has completed its facilities and is in operation, and the area of Du Long Industrial Park has a large proportion of vacant land (vacant land fund is nearly 70%), this will be the ideal choice of investors. In 2024, Du Long Industrial Park is expected to continue to promote investment attraction from foreign-invested enterprises and enterprises belonging to priority industry groups.

II. Location of Du Long Industrial Park

Located in Ninh Thuan province, Du Long Industrial Park owns a prime location at Km 1540+598 on National Highway 1A in front of the industrial park gate, adjacent to the North-South railway and right next to the North-South highway at the intersection. Cam Lam – Vinh Hao. In particular, Ninh Thuan province is the gateway connecting the key economic region of the Southeast region with the Central Highlands and South-Central provinces. This place is considered a land with many potentials and advantages that can be exploited and attract investment.

Du Long Industrial Park, Ninh Thuan Province

Distance:

  • To Da Lat city, Lam Dong province: 110 km west
  • To Nha Trang city: 70 km north
  • To Phan Rang – Thap Cham city: 20 km south
  • To Ho Chi Minh City: 370 km south

Traffic connection:

  • Tan Son Nhat international airport: 320 km
  • To Cam Ranh airport: 40 km
  • To Cat Lai port: 310 km
  • To Cai Mep port: 320 km
  • To Cam Ranh port: 25 km
  • To Ca Na port: 45 km
  • To Vinh Tan port: 50 km
  • To North-South railway – Phan Rang station: 20 km
  • To North-South Expressway – Cam Lam Vinh Hoa intersection: 6 km

III. Infrastructure in Du Long Industrial Park

Currently, Du Long Industrial Park is planned into 5 zones, including: Operating area, power plant area, wastewater treatment plant area, regulating lake and service and commercial area. In addition, in the industrial park there are 41.35 hectares of green trees and water surface and 47.25 hectares of internal traffic area.

Du Long Industrial Park, Ninh Thuan Province

Du Long Industrial Park has basically completed the infrastructure items of phase 1 in July 2022 and officially went into operation.

  • Internal traffic: Internal road width ranges from 20 – 52 m.
  • Power supply system: 110/220KV power supply station. In addition, the industrial park is also surrounded by wind and solar power projects.

Du Long Industrial Park, Ninh Thuan Province

  • Clean water supply system: Capacity of water supply station is 15,000 m3/day and night.
  • Wastewater treatment system: The wastewater treatment system uses modern SBR technology lines, with a maximum treatment capacity of up to 12,000 m3/day and a maximum waste treatment capacity of 150 – 300 tons/day and night. Wastewater is received and treated according to standards in environmental license GPMT306/GPMT-BTNMT.

Du Long Industrial Park, Ninh Thuan Province

  • Security and fire protection system: Fully equipped according to standards and regulations of the Law.
  • Telecommunications system: Fully equipped with communication system and internet.
  • Service system: Security and fire protection systems, infrastructure services and utility services; Customer support services throughout the entire pre- and post-investment process.
  • Other amenities: There is a lake, accommodation and commercial services for experts and workers.

In addition, by 2030, Du Long Industrial Park will take advantage of the abundant wind and solar energy sources in the area. Connecting solar power to the industrial park’s power grid will help reduce pressure on EVN’s power grid of the industrial park and meet production and business electricity needs.

IV. Investment costs in Du Long Industrial Park

Maintenance fee: 0.44 USD/m2/year

Du Long Industrial Park, Ninh Thuan Province

V. Investment incentives in Du Long Industrial Park

Enterprises in Du Long Industrial Park enjoy preferential investment policies as follows:

  • Regarding Corporate Income Tax: Tax rate is 10% for 15 years, including exemption for the first 4 years from the date of taxable income and a 50% reduction for the next 9 years.
  • Regarding import tax: Exemption from import tax for goods imported to create fixed assets.
  • Land rent exemption: Technical infrastructure investment projects will be exempt from land rent throughout the project implementation period.
  • VAT incentives: Apply 10% VAT exemption policy according to Ninh Thuan province regulations.

Du Long Industrial Park, Ninh Thuan Province

When businesses invest in Du Long, they also receive a number of investment incentives to support their investment portfolio, including:

  • Support consulting on related legal documents such as: Investment certificate, business registration, and legal documents related to construction and planning.
  • Support market development and provide necessary information.
  • Support consulting on training resources and developing primary and intermediate human resources.
  • Consulting support for financial and credit institutions.,…

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Above is an article about Du Long Industrial Park – an ideal investment location in Vietnam for domestic and international businesses, hoping to provide useful information to readers. For detailed advice on investment opportunities in Du Long IP, contact us immediately via:

RSL Group – Comprehensive industrial real estate ecosystem
Hotline: 0912.94.93.93 – Ms. Thanh Ha
Website: https://www.rslgroup.vn/
Email: info@redsunland.vn

Source: redsunland.vn