Minh Hung Korea Industrial Park

Binh Phuoc Province

Project Overview

Property type

Industrial Park

Location

Chơn Thành town, Bình Phước province

Industrial Park

Minh Hung Industrial Park - South Korea

Developer

C&N Vina Co.,Ltd

Target Industries

Wood, textiles, rubber...

Major Enterprises

MDF VRG Dongwha, Thuan An Paper

Scale

392 ha

Industrial Land

276 ha

Land Use Term

2057

Regional Minimum Wage

Zone II

Tax Incentives

Tax exemption for the first 2 years

Infrastructure Specification

Voltage

22 KV

Water Supply

9,000 m³ / day

Wastewater Treatment

8,500 m³ / day

Location

Distance to Airport:

- Approximately 75 km south. from Tan Son Nhat International Airport (SGN)

Distance to Port:

- 92 km from Cat Lai Port

Distance to CBD & Travel Route:

- Approximately 80 km from Ho Chi Minh City
- Approximately 81 km from the Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway

Property Highlight

Land for lease in Minh Hung 3 Industrial Park – Korea is one of the key land for lease in industrial parks projects in Binh Phuoc province. This area has been meticulously invested in all aspects, with a central location right at the gateway, enabling connectivity to all industrial zones in the Southeast region and other provinces in the Central Highlands. Now, land for lease in Minh Hung 3 Industrial Park – Korea is benefiting from numerous impacts of regional development enhancement policies and the strong appeal of Binh Phuoc’s industrial center. This has attracted a large number of domestic and international investors, turning this place into a “golden spot” for manufacturing and business development.

Advantages of land for lease in Minh Hung – Korea Industrial Park

Convenient transportation location

Minh Hung – Korea Industrial Park is located in Minh Hung Ward, Chon Thanh Town, Binh Phuoc Province.

Binh Phuoc Province holds a strategic position in Vietnam’s Southeast region, bordering Cambodia and provinces such as Binh Duong, Tay Ninh, and Dak Nong. It offers several key advantages: easy connectivity to major economic hubs like Ho Chi Minh City and other key economic zones in the South. Additionally, Binh Phuoc serves as a critical intersection of transportation routes, including National Highway 13 and other essential national roads. This excellent connectivity not only facilitates trade and logistics but also provides ideal conditions for investment and economic development.

Minh Hung – Korea Industrial Park is located just a short distance from Ho Chi Minh City and the center of Dong Xoai Town. Its proximity to major urban areas allows businesses operating here to benefit from significant opportunities, including cost savings in transportation and easier access to expand into potential markets.

Furthermore, this land for lease in the industrial park is adjacent to Minh Hung Commune’s residential area, offering great advantages in recruiting and utilizing a strong local workforce.

The prime location of Minh Hung – Korea Industrial Park brings various opportunities and benefits to investors, including:

  • 87 km from Tan Son Nhat International Airport.
  • 90 km from Ho Chi Minh City.
  • 91 km from Saigon Port.
  • 93 km from Cat Lai Port.
  • 98 km from Ho Chi Minh City Maritime Administration.

With its close distance to major seaports and an international airport, Minh Hung – Korea Industrial Park promises to be an ideal destination for businesses engaged in import-export activities and market expansion, providing a favorable and promising investment environment.

Scale of land for lease in Minh Hung – Korea Industrial Park

Minh Hung – Korea Industrial Park is planned over a total area of 392 hectares, with 276 hectares dedicated to industrial land for manufacturing and business operations. This scale not only facilitates enterprise development but also ensures ample space for investors to expand and enhance their production activities.

The land use period extends until 2057, offering long-term stability and sustainability for businesses in the area. Moreover, this long-term land lease policy helps minimize risks and costs associated with short-term leasing while enabling businesses to systematically develop infrastructure and operate efficiently.

Key industries in land for lease in Minh Hung – Korea Industrial Park

The land for lease in Minh Hung – Korea Industrial Park currently attracts a wide range of investment sectors, with prominent industries including wood processing, garment manufacturing, and rubber production.

Infrastructure of Minh Hung – Korea Industrial Park

  • Transportation System: National Highway 13 (QL13) serves as the main transportation axis with a 60-meter-wide road featuring six lanes.
  • Electricity System: The industrial park utilizes the national power grid through a 22 KV transmission line along QL13 and has an intermediate transformer station (110/22 KV) dedicated to serving the park.
  • Clean Water Supply:
  • Phase 1: Uses locally extracted groundwater.
  • Phase 2: Utilizes water from a centralized water treatment plant according to the province’s master plan, fully integrated into the industrial park’s water supply system.
  • Wastewater Treatment: Minh Hung – Korea Industrial Park features a centralized wastewater treatment plant with a capacity of 10,000 m³/day.
  • Telecommunications:
  • Pre-installed telephone lines reaching the boundary of each plot, with unlimited supply per customer demand.
  • Fiber optic infrastructure supports broadband telecommunications and dedicated leased line services.
  • Fire Protection:
  • A professional fire-fighting team is stationed within the industrial park.
  • Fire hydrants are installed along internal roads.
  • 24/7 security force trained in fire prevention and riot control ensures maximum safety.

Land Rental Price in Minh Hung – Korea Industrial Park

Minh Hung – Korea Industrial Park offers an attractive land rental rate, ranging from $115 – $120 USD/m², with a management fee of $0.045 USD/m² per month. This pricing reflects a balance between infrastructure quality and cost, reinforcing the park’s value in providing a modern and efficient working environment.

Additionally, investors benefit from special tax incentives:

  • Full tax exemption for the first two years, easing financial burdens during the startup phase.
  • 50% tax reduction for the following four years, allowing businesses to maximize profitability and invest in sustainable growth.

The above article highlights the key advantages of Minh Hung – Korea Industrial Park. For further inquiries, please contact RSQUARE Hotline: +84 28 3636 9641.

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