Investment Vietnam
Vietnam Industrial Parks and Export Processing Zones
TAN THUAN EXPORT PROCESSING ZONE (Website: http://www.tanthuan.com) 
Tan Thuan Export Processing Zone (TTZ) is the first export processing zone in Vietnam. It is a project of Tan Thuan Corporation (TTC). In 1999, this export processing zone was selected to be the best export processing industrial zone of the Asia Pacific by the UK based magazine Corporate Location.
TAN THUAN CORPORATION (TTC)
Add: Tan Thuan Dong Ward, District 7, HCM City
Tel: (08) 7701777-7701888 Fax: (08) 7701999
ttcpz@saigonnet.vn
Persons to contact: Tran Thi Cam Ly and Tran Thanh
1. LOCATION
Located in District 7, HCM City, TTZ is on a peninsula surrounded by the Saigon River, covering 300 hectares of land. It is 4km from downtown District 1.
Next to districts 4, 5 and Nha Be District, where labor sources are abundant. North of Saigon South, a new town, which is under construction.
2. INFRASTRUCTURE a) Transport
Internal transport: A system of inbound roads is well built and asphalted. The main road is 30m wide and branch roads are 1220m wide. They can receive 40 ton container trucks.
External transport: An advantageous geographical location of TTZ creates a convenient traffic network.
Waterway: TTZ is only separated from the HCM City port complex by a road which is 30m wide. Ben Nghe Port and Vietnam International Container Terminal, the biggest container port of HCM City , can receive over 20,000DWT ships.
Motorway: Aside from Provincial Road 15 linked direct with southern provinces, the Saigon South Parkway with the width of 120m and the length of 17.8km was open to traffic in late 1997, linking with National Highway 1.
Airway: TTZ is only 13km from Tan Son Nhat International Airport by a 30 minutes' car drive.
b) Communication:
TTZ has 2,000 telephone numbers to serve tenants. Other postal services such as DHL and Federal Express are also available. c) Utilities
Power supply: TTZ uses electric power from Hiep Phuoc Power Plant with an initial capacity of 375,000kW. It also has a reserve power station with 32 diesel turbines each of which has a capacity of 1,000kW.
Water supply: Thu Duc Water Plant can supply 35,000 cu. meters of water per day. TTZ also has a reserve machine to filter the water of the Saigon River and supply 7,000 cu. meters of water per day when necessary.
A drainage system gathers and treats waste water at the waste water treatment station with a capacity of 10,000 cu. meters per day.
A fire fighting station, customs, banks, two bonded warehouses, a container station connected with Ben Nghe Port, and a container station next to Tan Son Nhat Airport are available.
3. LAND RENT AND OTHER FEES
- Land rent: USD 108/m2 (applied until Sept. 23, 2041 )
- Power price: USD 0.075/kWh
- Water price: VND3,810/m3
- Construction fee for public facilities is USD 0.049/m3/month must be paid for 10 years. After the 11th year, it is abolished.
- Exploitation and maintenance fee is based on the export and import turnover.
In addition, the TTZ operator plans a proper section to build standard premises for sale. The premises have three floors, each floor is 4m high and has six units of standard premises, and each unit covers 1,680 sq. meters. Land fee for premises will be divided equally for three floors. These facilities are suitable for small investors and can be put into operation immediately, so this saves construction time.
4. INVESTMENT INCENTIVES AND SUPPORT SERVICES
Investors enjoy tax incentives as stipulated by the Vietnamese Government.
Tan Thuan Corporation provides services of international standards in investment consulting, management consulting, accounting and auditing, insurance consulting, transport, customs formalities, worker recruitment and training, etc.
Investors who pay 50% of the land rent can receive the land immediately so that they can build premises. They can pay the other half in 10 installments within five years plus an annual interest rate of 8.5%.
5. INVESTMENT ATTRACTION
Until June 30, 2002 , 155 investors leased 143.6 hectares of land, 73.6% of the land for lease.
Until December 31, 2001 , TTZ attracted an investment capital of USD 666.6 million. The number of companies in operation was 107.
A total of 35,000 people work for businesses.
By December 31, 2001, the export turnover grossed USD 2.195 billion.
The investment inflow comes from Japan (54 projects), Taiwan (72), South Korea (8), Hong Kong (7), the United States (4), Singapore (3), Vietnam (4), Malaysia (1), Australia (1), and Germany (1).
Main fields of investment are electrics, electronics, precision mechanics; textiles and garments; plastics and processed foods.
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