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Last updated: Thursday, July 27, 2017

 

Chau Duc Urban Industrial Park & Golf Course: Investment Opportunity and Potential

Posted: Thursday, June 15, 2017


Chau Duc Urban Industrial Park & Golf Course, covering 2,287 ha, was invested and developed by Sonadezi Chau Duc Joint Stock Company, one of 24 subsidiaries of Sonadezi Corporation with over 25 years of experience in real estate investment and development. Chau Duc Urban Area was designed by Hyder Consulting Ltd (UK), one of the world's leading planning designing companies, while the 36-hole golf course was designed by Greg Norman Golf Course Design (Australia).

Chau Duc Urban Industrial Park & Golf Course is a complex project with many component projects such as industrial zone, warehousing area, ICD port, commercial urban area, business service area, entertainment area, school, hospital, park, and 36-hole golf course. Defining that protecting the living environment and the production environment is linked to overall sustainable development and performance, Chau Duc Urban Industrial Park & Golf Course always pursues development towards a green and environment-friendly community.

Competitive advantages of Chau Duc Urban Industrial Park & Golf Course over other major industrial parks, urban areas and residential areas in Ba Ria-Vung Tau province are its ideal location, lying next to the Political and Administrative Centre of Ba Ria-Vung Tau province where workers prefer living and working. Especially, the traffic system running past Chau Duc Urban Industrial Park & Golf Course is very convenient and interlinked to most major roads and waterway routes. This position brings huge advantages to Chau Duc Urban Industrial Park & Golf Course in connection with provinces and main economic centres in the Southeast.

In addition to its prime location, Chau Duc Urban Industrial Park & Golf Course has a large land fund with very good ground properties for easy construction of industrial factories and projects with fewer costs. With synchronous and completed technical infrastructure and guaranteed electricity and water supply and wastewater treatment, tenants can build their factories, install machinery and equipment and immediately start production and business operations.

Moreover, Chau Duc Urban Industrial Park & Golf Course is located in the region where investors are granted a preferential corporate income tax rate of 17 per cent in 10 straight years, a two-year tax exemption and a 50 per cent reduction of tax payable in next four years.

Besides these advantages, Chau Duc Urban Industrial Park & Golf Course has outstanding incentive policies, competitive rentals and administrative fees, and offers flexible payment methods. In particular, the company actively supports investors to apply for investment certificates, business registration certificates, construction permits, corporate seal procedures, tax code and other administrative procedures with local authorities. To date, the Chau Duc Urban Industrial Park & Golf Course has leased about 200 ha of land to domestic and foreign investors.

In view of strong domestic economic performance and positive investment attraction in Chau Duc Industrial Park, Chau Duc Urban Industrial Park & Golf Course is confident of attaining great achievements and becoming a commercial gateway of Ba Ria Vung Tau province, as well as the southern key economic zone, to global trade.

With the aim of becoming an industrial property investor and trader, Sonadezi Chau Duc always upholds the principle of “shared development and sustainability” not only with its customers and partners, but also with society and community by meaningful charitable humanitarian activities, for example, financially supporting gratitude funds and funds for the poor and supporting “Millions of Golden Hearts” Programme to assist disadvantaged and vulnerable people.

In the coming time, Sonadezi Chau Duc advocates drawing investors into its industrial zones while still ensuring social, economic and environmental sustainability as committed to local authorities; diversifying products and services to better meet customers' demands for industrial property, civil property and ready-built factories, among others.

D.B








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