Investment Vietnam
Vietnam Industrial Parks and Export Processing Zones
LE MINH XUAN INDUSTRIAL PARK
Le Minh Xuan Industrial Park is a project of Binh Chanh Construction Investment Shareholding Company under the management of HCM City Industrial Park and Export Processing Zone Authority (HEPZA).
BINH CHANH CONSTRUCTION INVESTMENT SHAREHOLDING COMPANY
Add: 260/4 Kinh Duong Vuong St. , An Lac Town , Binh Chanh District, HCM City
Tel: (08) 8753021 - 7510040
Fax:(08) 8753552
Email: bcci@hcm.vnn.vn
General director: Mr. Pham Minh Duc
HCM CITY INDUSTRIAL PARK AND EXPORT PROCESSING ZONE AUTHORITY (HEPZA)
Add: 35 Nguyen Binh Khiern St. , District 1, HCM City
Tel: (08)8290405 - 8290414
Fax: (08) 8294271 Email: office@hepza.gov.vn
Manager: Mr. Nguyen Chon Trung
1. LOCATION
Address: Tran Dai Nghia Rd. ; Tan Nhut Commune, Binh Chanh District, HCM City
Tel: (08) 7660024 - 7660123 Fax: (08) 7660023 Email: kcnlmx@bcci-vn.com
Director: Mr. Le Van Khanh
- Being situated in Tan Nhut and Le Minh Xuan communes of Binh Chanh District, HCM City.
- Bordering a new developing urban area .
- Being 6km from National Highway 1A and linking with the South Saigon Parkway, the shortest route to Tan Thuan Port.
- 18km from central HCM City, Tan Son Nhat Airport and Saigon Port.
- Total area: 100 ha, including 66.23ha for premises. Investment phases: 55ha for the first phase and 45ha for the second phase.
2. BUSINESS TARGETS Le Minh Xuan IP receives projects in the light industry, mechanical engineering, production of electronics, processing cereals and foods, production of handicrafts, even polluting fields in air, waste water, noise, etc.
3. INFRASTRUCTURE
a) Transport
Internal roads are 20rn wide. They are asphalted and have perfect lighting.
b) Communication
Telecom services are provided by the HCM City Post Office via the optical fiber cable system.
c) Utilities
- Power supply: from the national power grid via the Phu Lam transformer station .
- Water supply: from the municipal water supply system and the internal underground water system.
- Waste water treatment: the industrial park has a waste water treatment station with a present capacity of 2,000 cubic meters per day and a drainage system .
- Other services: customs, banking, etc.
- Accommodations for employees and a health care station.
** Quality management system: Le Minh Xuan IP is the first industrial park of the country to build a quality management system of international standards. It has been awarded the ISO 9002:1994 certified by the Swiss certifying agency SGS.
4. LAND RENT (VAT EXCLUDED)
Land rent: US$50/sq. meter for 46 years
Method of payment:
- Instant pay.
- Pay in installments: investors pay 40% of the contract value after signing the lease officially. The remaining 60% is paid four times within four years at an interest rate of 10% per year for the U.S. dollar or 12% per year for the Vietnamese dong.
Waste water treatment fee: VND2,700/cu. meter (the volume of waste water treated is 90% of the water for production).
Water price: VND3,200/cu. meter.
In addition, the industrial park leases land with infrastructure for building premises, ready built premises, warehouses, yards, etc. Prices depend on the area and location.
5. BUSINESS RESULTS
Until June 2002, the industrial park received 121 investment projects
- 87 locally - invested projects.
- 26 foreign - invested projects.
- 8 joint venture projects.
- Total registered investment capital: US$47.5 million
- Total area leased: 47.468ha
- Main investment fields: garments, plastics, weaving and dyeing, food processing, mechanical production, etc.
- Outstanding investors: Taiwan and South Korea.
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