Possessing all elements of a modern industrial park, Long Jiang Industrial Park (LJIP) is considered an ideal destination for investors and helps build trust and make positive contributions to the cause of local industrialization and modernization.
Complete infrastructure
Long Jiang Industrial Park, established in November 2007 in Tan Lap 1 commune, Tan Phuoc district, Tien Giang province, is conveniently located next to Ho Chi Minh City - Trung Luong Highway, 50 km from Ho Chi Minh City, Tan Son Nhat Airport, Saigon Port and Hiep Phuoc Port, 35km from Bourbon Port and 15km from My Tho City. With a convenient water and road traffic system, LJIP is accessible from Ho Chi Minh City along National Highway 1A and Ho Chi Minh City - Trung Luong Expressway. By waterway, LJIP has a wharf and barge of 500 - 600 tons for freight transportation from LJIP to My Tho Port and Hiep Phuoc Port.
Long Jiang Industrial Park has a synchronous infrastructure comprised of a power source that meets TCVN 1985-1994 standards, a water source with a daily capacity of 48,000 square meters that meets QCVN 01:2009/BYT standards, 4,000 IDD and ADSL telephone lines, a wastewater treatment plant with a daily operating capacity of 40,000 cubic meters, and an asphalted internal road system that meets VNH18-H30 standards.
In addition, with an internal road system, electricity and clean water supply, storm water drainage, wastewater, telecommunications and support services, LJIP ensures the sustainable development of investors here.
Incentive policies for investors
To provide maximum support to investors, the Management Board of Long Jiang Industrial Park has introduced many attractive preferential policies to investors. Accordingly, in addition to supporting administrative procedures such as applying for investment certificate, tax declaration and customs in the single-window mechanism, LJIP offers 10% preferential corporate income tax for 15 years after the year with revenue, including the first four years of tax exemption from the date of profit and next 9 years of 50% reduction on the payable tax amount.
Moreover, investors are also exempt from import duty on machinery and equipment used to create fixed assets and offered a 5-year tax exemption on raw materials, supplies and semi-finished products that cannot be produced domestically.
Furthermore, tenants that export their products to foreign countries can register to be export processing companies to enjoy preferential tax policies (import tax and VAT) applied to export processing zones. In addition to tax incentives, LJIP provides free legal support for investors during the investment license application process, as well as free support for construction supervision of initial factories.
In the coming time, LJIP will continue to invest in upgrading infrastructure and supportive facilities and improving material and spiritual life quality of employees. The industrial park will focus on environmental protection, attract financially capable investors with environmentally friendly advanced technological equipment to lease all rentable areas.
Duy Binh (Vietnam Business Forum)
Vietnamese
