Tan Thuan Export Processing Zone (“Tan Thuan EPZ”) stands out as a premier destination for investment, particularly for a factory plant, in Ho Chi Minh City. With robust government support, attractive financial incentives, and a strategic location, Tan Thuan EPZ offers a highly favorable investment environment. This article highlights the key benefits, infrastructure, and success stories that make Tan Thuan EPZ an attractive choice for investors seeking competitive Saigon rent rates and a conducive business environment.
The investment environment in Tan Thuan EPZ factory plant
Government support and incentives
Tan Thuan EPZ offers substantial financial incentives, including tax exemptions and discounts for high-tech enterprises, and VAT exemptions plus duty-free import/export benefits for export processing enterprises, which play a crucial role in attracting and retaining investors. The Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) is responsible for providing one-stop administrative services, streamlining processes such as obtaining investment licenses, support for the construction permits, and environmental impact assessments for factory plants.
The investment environment in Tan Thuan EPZ factory plant
This centralized approach significantly reduces the bureaucratic burden on businesses, allowing them to focus on their core activities. Additionally, the government offers various financial incentives, including tax exemptions and reductions, which further enhance the investment appeal of Tan Thuan EPZ and make Saigon rent more competitive.
One-stop administrative services by HEPZA
HEPZA offers a comprehensive one-stop service that simplifies administrative procedures for investors. This service includes assistance with investment licensing, support for the construction permits, environmental impact assessments, and labor recruitment for a factory plant. By centralizing these processes, HEPZA ensures that businesses can quickly and efficiently navigate the regulatory landscape, minimizing delays and administrative hurdles. This streamlined approach not only saves time and resources but also fosters a business-friendly environment that is conducive to growth and development.
Business-friendly policies and regulations
The investment environment in Tan Thuan EPZ is bolstered by business-friendly policies and regulations. The zone operates under a framework designed to facilitate foreign and domestic investments, with clear and transparent regulations that protect investor interests as well as highly supporting enterprises ensuring that Tan Thuan EPZ remains a competitive and attractive destination for investors.
Business-friendly policies and regulations
Success stories of foreign and domestic investments
Tan Thuan EPZ has a proven track record of attracting successful foreign and domestic investments. Over the years, the zone has drawn over 254 investors from 22 countries, including leading corporations from Japan, Taiwan, the United States, and Europe. Notable companies such as Mitek, Danieli, Fanuc, Kotiti, and Renesas have established operations in Tan Thuan EPZ, leveraging the zone's strategic location, modern infrastructure, and supportive business environment. These companies have established advanced factory plants.
These success stories highlight the zone's ability to attract and sustain high-quality investments, contributing to its reputation as a premier industrial and technological hub.
Infrastructure connectivity for the factory plant
Geographic advantages
Tan Thuan EPZ is conveniently located near major transportation hubs, including Cat Lai Port, Tan Son Nhat International Airport, and the future Long Thanh International Airport. Cat Lai Port, only 08 kilometers away, offers efficient shipping connections to international markets, while Tan Son Nhat International Airport, 13 kilometers away, provides extensive air travel options. The upcoming Long Thanh International Airport, approximately 48 kilometers from the zone, will further enhance its connectivity and logistical capabilities, making Tan Thuan EPZ an ideal location for a factory plant engaged in global trade.
Infrastructure connectivity for factory plant
The easy access to these areas provides businesses and their employees with a wealth of amenities and services, contributing to a higher quality of life and work environment. Additionally, competitive Saigon rent rates further increase the attractiveness of establishing factory plants in Tan Thuan EPZ.
Transportation network
The transportation network surrounding Tan Thuan EPZ is well-developed, featuring comprehensive road and highway connections. These networks facilitate the smooth movement of goods and personnel to and from the factory plants in the zone, reducing transportation costs and time. Public transportation options, including buses and shuttles, provide convenient access for employees, ensuring a seamless commute and enhancing workforce mobility.
Utility infrastructure
Tan Thuan EPZ boasts a robust utility infrastructure that supports the needs of modern businesses. The power supply is reliable and capable of meeting high industrial demands, with a capacity of up to 120 MW. The water supply system provides up to 30,000 cubic meters/day, with additional reserves for emergencies. The zone also features advanced wastewater treatment facilities with a capacity of 15,000 cubic meters/day, ensuring environmental sustainability. High-speed internet and comprehensive telecommunications infrastructure further enhance the operational capabilities of factory plants in the zone.
Factory plants in Tan Thuan EPZ
Overview of factory facilities
Tan Thuan EPZ offers a wide range of factory facilities designed to meet the diverse needs of businesses. These facilities include standard rental factories, build-to-suit options. The factory plant is equipped with modern amenities and adhere to high standards, ensuring a conducive environment for manufacturing and industrial activities.
Factory plants in Tan Thuan EPZ
Types of factory plants available
- Rental factories: Pre-built factories available for immediate occupancy, offering flexible leasing terms and ready-to-use facilities.
- Build-to-suit: Customizable factory buildings constructed to meet the specific requirements of tenants. This option includes tailored design and construction services, ensuring that the facility aligns with the operational needs of the business.
Specifications and standards of factory plants
The factory plant in Tan Thuan EPZ is built to high standards, featuring robust construction, modern design, and state-of-the-art facilities. Key specifications include:
- Floor load capacity (Factory C.D.E.F.G.H): Up to 02 tons per square meter for ground floors, 01 ton per square meter for upper floors.
- Ceiling height: 07 - 08 meters, providing ample vertical space for industrial operations.
- Advanced fire safety systems: Equipped with modern fire detection and suppression systems, including high-capacity fire engines and extensive sprinkler networks.
Notable companies and their factory operations
The diverse range of industry sectors represented in Tan Thuan EPZ includes:
- Software and IT: Companies involved in software development and IT services.
- Robotics: Firms providing advanced robotic solutions for industrial automation.
- Electronics:Companies engaged in the production of electronic components and devices.
- Precision Engineering: Manufacturers of high-precision machinery and components.
- Textiles: Businesses specializing in fabric development, quality testing, and garment manufacturing.
Case studies of successful factory setups:
- Mitek: Mitek's office in Tan Thuan EPZ is a testament to the zone's capability to support high-tech manufacturing operations. The facility is equipped with advanced design and production technologies, enabling Mitek to deliver innovative construction solutions globally.
- Danieli: Danieli's industrial machinery plant showcases the zone's infrastructure and support services, facilitating the efficient production of specialized equipment.
- Fanuc: The presence of Fanuc in Tan Thuan EPZ highlights the zone's attractiveness for automation and robotics companies. Fanuc's factory operations benefit from the zone's strategic location and modern infrastructure, enhancing their ability to serve both domestic and international markets.
- Kotiti: Kotiti's textile research and development center in Tan Thuan EPZ underscores the zone's role in advancing textile technology. The facility's state-of-the-art equipment and dedicated research teams drive continuous innovation in the textile industry.
- Renesas: Renesas' semiconductor design and manufacturing plant in Tan Thuan EPZ exemplifies the zone's support for high-tech industries. The facility's sophisticated microchip production capabilities are critical to Renesas' global operations.
These successful factory setups demonstrate the benefits and outcomes of operating in Tan Thuan EPZ, showcasing the zone's ability to support diverse industrial activities and drive business growth.
Tan Thuan Export Processing Zone offers unparalleled advantages in location, infrastructure, and business-friendly policies, backed by robust government support and reasonable Saigon rent rates. With one-stop administrative services from HEPZA and a proven track record of successful investments, Tan Thuan EPZ is the ideal destination for businesses looking to establish or expand their factory plant. Seize this opportunity to benefit from a thriving business environment and strong connectivity, and become part of a leading industrial and technological hub. Invest in Tan Thuan EPZ today!