1. Extremely low investment costs
- Low rental price of 75$/m2. Ham Tan Industrial Park is the industrial park with the lowest rent among the industrial parks located 1 hour and 30 minutes by road from Ho Chi Minh City.
- Advantages of construction investment costs: Ba Ria-Vung Tau, Tay Ninh and Long An are areas with many rice fields and swamps, so the factory construction process here requires a lot of pile or foundation reinforcement work to ensure a good foundation, which in turn leads to high construction costs. => The ground in Ham Tan Industrial Park only dig about 50cm to see the gravel layer - the ground is hard and has good bearing capacity, does not cost much for foundation treatment, so construction costs are reduced by more than 30% compared to other areas.
- Ham Tan Industrial Park directly receives wastewater from tenants' factories, so tenants can save 70% of investment costs in building these systems.
- Selling ready-built factories: Ham Tan Industrial Park applies the model of selling ready-built factories, specifically, the factory will be built according to a standard design with minimal construction fees. Helps businesses avoid high factory construction costs due to lack of experience in building factories abroad.
2. Located in Binh Thuan province - a new foreign investment attraction, replacing Long An, Binh Duong, Dong Nai which are saturated with foreign investment capital.
- The provinces of Long An, Binh Duong, Dong Nai within a radius of 50 km from Ho Chi Minh City are saturated with foreign investment capital. Due to increasingly stricter regulations and high labor costs, investors from this region have turned to Binh Thuan and the Mekong Delta region.
- Ham Tan district, where Ham Tan Industrial Park is located, is only 1 hour and 30 minutes away from Ho Chi Minh City, bordering Ba Ria Vung Tau province. These two areas are both key economic regions in the south. This is a great advantage for Ham Tan Industrial Park in goods transportation and economic connection.
- Binh Thuan province has abundant human resources, low labor costs, low legal barriers and good tax policies as well as attracting foreign investors from the local government. This is one of the advantages that helps attract foreign investors.
3. 1 hour 30 minutes from Ho Chi Minh City. Prime location, 50 minutes from Long Thanh international airport
- The areas of Tay Ninh, Ba Ria Vung Tau, Binh Duong do not have highways, the distance is close but the travel time is longer than Ham Tan Industrial Park.
- Just as Incheon International Airport replaced Gimpo Airport, the new Long Thanh International Airport scheduled for completion in 2025 will replace Ho Chi Minh City's Tan Son Nhat Airport.
- Many transportation infrastructures have been and are being built, which is a favorable springboard for the industrial development of Ham Tan as well as the industrial parks here. Including National Highway 1A (existing), Phan Thiet - Dau Giay Expressway (opened to traffic on April 29, 2023), North-South high-speed railway (planning approved).
4. There are support departments of legal, accounting, customs, etc which is necessary for companies' operations, helping to eliminate barriers to foreign businesses expanding abroad for the first time.
5. Tax advantages: 100% corporate tax exemption for the first 2 years, and 50% reduction for the next 4 years, from when the business becomes profitable. Unlike other industrial parks, corporate tax reduction is applied from the time the company begins operations.
6. The minimum wage is region IV, with low labor costs. There are abundant human resources with a total population of 476,585 people within a 30 km radius traveling by motorbike.
