Dong Nai is among the leaders in attracting foreign investment capital. To catch the interest of foreign investors, the provincial government has set up a lot of industrial zones and applied attractive incentive policies for investment projects there. Loc An - Binh Son Industrial Park is considered a promising destination for investors in the coming time.
Covering 497.77 ha in Long Thanh district, southeast of Bien Hoa City, Loc An - Binh Son Industrial Park was invested by V.R.G - Long Thanh Investment and Development Joint Stock Company. The industrial park has synchronous and modern infrastructure system and complete public facilities. Lying on sloping terrain with solid foundation, this place is good for industrial construction projects.
Prime location is an advantage Loc An - Binh Son Industrial Park. It is close to prospective Long Thanh International Airport, Ho Chi Minh City - Long Thanh - Dau Giay Highway, National Road 51 connecting Bien Hoa to Vung Tau as well as in the middle of economic hubs in the region. In addition, the industrial park is situated on the trade gateway of the southern key economic zone where many trunk roads are interconnected. This will help investors reduce transport costs. This is an ideal condition for the construction of a clean and environment-friendly industrial zone. Thus, when it embarked on this facility, V.R.G. - Long Thanh Investment and Development Joint Stock Company applied green standards to planning and construction like environmental protection. Loc An - Binh Son will offer investment incentives for environment-friendly projects, particularly hi-tech production, airport support, warehousing, logistics, electronics, household electric appliance, ICT product, manufacturing, pharmaceutical, flavourings and other environment-friendly industries.
Pham Quoc Vuong, Director of V.R.G - Long Thanh Investment and Development Joint Stock Company, said: Apart from a prime location, Loc An - Binh Son has all favourable conditions in traffic connection, technical infrastructure, services and utilities. The industrial park has all facilities to support investors’ projects like factories, administrative offices, green areas, parking lots, bus services and others. In Loc An - Binh Son Industrial Park, apart from general incentives specified by the central government and Dong Nai province like tax reduction, preferential import taxes and earnings transfer tax, investors also receive supports from the operator like procedures for investment certificate, business establishment certificate and other legal formalities. As the land is administered by Vietnam Rubber Industry Group (VRG) and the operator is affiliated to VRG, site clearance and construction are quite favourable.
With its unique advantages, Loc An - Binh Son Industrial Park will become an attractive destination for domestic and international investors as expected by the Dong Nai Provincial People’s Committee, the Dong Nai Industrial Zones Authority, and VRG - Long Thanh Investment and Development Joint Stock Company.