Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5453

Deal #5453 Version #72562

Vietnam

Created at

2017-04-12

Last update

2020-07-20

Last full update

2022-03-19

Land area

Intended size

800 ha

Size under contract (leased or purchased area)

[2005, current] 477.0 ha

Size in operation (production)

[current] 475.0 ha

Comment on land area

With an area of up to 800 hectares, the area of industrial development, complete services and most have been completed. - Leased industrial land area: 332.97 ha

Intention of investment

[current] Industry, Other

Comment on intention of investment

Industrial park

Nature of the deal

Lease

Comment on nature of the deal

- The area of leased land: 331.28 ha; reaching occupancy rate: 99.49%

Negotiation status

[2005, current] Concluded (Contract signed)

Comment on negotiation status

Date of approving project.

Implementation status

[2016, current] In operation (production)

Comment on implementation status

The covergate rate in 2016 is 99.5% Construction started: 2005 Notes about project progress: Completed.

Purchase price

Comment on purchase price

Total investment capital: VND 440.6 billion

Leasing fees

Comment on leasing fee

1. Land rental price (As of June 30, 2056): a. One-time payment: USD 45 / m2 (My Phuoc Industrial Park ) USD 35 / m2 (Bau Bang Industrial Park) (Payment in 04 installments): + Stage 1: 40% of the total rental value within 14 days immediately after signing the Land Lease Contract. + Stage 2: 20% of the total rental value 06 months after signing the Land lease contract. + Stage 3: 20% of the total rental value 12 months after signing the Land Lease Contract. + Stage 4: 20% of the total rental value for 18 months after signing the Land Lease Contract. b. Annual payment: USD 0.20 / m2 / year Payment made in 2 installments in January and July each year