Vinh Loc 2 Industrial Park: Destination of Success in Southern Vietnam

With the first phase area of 225.98 hectares, Vinh Loc 2 Industrial Park has all most favourable conditions for any investors to do business. The park is one of the most attractive investment locations in southern Long An province thanks to its synchronous infrastructure, perfect services and strategic location. The park has convenient accesses to traffic systems, with its direct face to the National Road 1A and its leaning back on Saigon - Trung Luong Highway, making cargo transportation from Ho Chi Minh City to the Mekong Delta an easy work. Besides, each land plot inside the park faces at least two roads: one main road (with width of 30 - 47 metres) and a branch road (with a width of 8 - 16 m). Thus, transportation and construction inside Vinh Loc 2 Industrial Park are quite easy.

 

However, the ideal location is only a necessary condition for Vinh Loc 2 Industrial Park to become a promising land for enterprises. The sufficient condition is the very attractive and flexible mechanisms and policies involving land rent, infrastructure charge. In addition, the park advises and supports investors to deal with investment procedures, credit procedures, designing and construction consultancy, environmental impact assessment, fire prevention, etc.

 

To date, Vinh Loc 2 Industrial Park has attracted seven domestic investors, mainly operating in steel and food processing industries, to locate their factories. The park expects to serve investors from Japan, South Korea and Canada following positive results.

 

Mr Nguyen Gia Thu, General Director of Vinh Loc - Ben Luc Industrial Park Investment & Construction Joint Stock Company, said: The future development of Vinh Loc 2 Industrial Park will make significant contributions to the provincial budget thanks to taxes collected. Specially, investors from developed countries will bring in modern processes, cutting edge technologies, machines and profuse capital among other advantages to help Long An province in particular and the country in general to increase speed to the process of industrialisation and modernisation and create new jobs for thousands of local people.

 

According to Mr Thu, Vinh Loc 2 Industrial Park has simple investment attraction policies. There is no discrimination in investment sizes or origins of investors and all are treated equally here. The operator understands that Vinh Loc 2 Industrial Park and investors share development and success.

 

With its experience and reputation, Vinh Loc - Ben Luc Industrial Park Investment & Construction Joint Stock Company is focusing investments on building and developing infrastructure systems in Vinh Loc 2 Industrial Park in the first phase and is expecting to attract more than 100 investors from many different countries in the world. In the second phase, the company will expand by 300 ha northwest from the first-phase premise to approach Vam Co Dong River where ships of 5,000 tonnes can dock in a blueprint river port, also developed by the company.

 

In addition, the company will build a resettlement zone covering of 34 hectares in proximity to the industrial park. The resettlement zone will have necessary public utilities and services for residents. Then, the industrial park will help companies and workers strengthen relations and hep the province to improve living conditions of the people.