Long Hau 3, phase 1 expected to start operation in 2019

By July 2019, Long Hau 3 Industrial Park phase 1 completed 76 percent of the clearing and leveling work as well as surface filling. The investor is Long Hau Corporation (LHC), determined to hand over and put the first phase of the project into operation this year.

Long Hau 3 Industrial Park has a total area of over 800 ha, divided into 3 phases, with total investment capital of VND 1,100 billion. The project is considered as a key project of Long An province, contributing to attracting foreign and domestic investors, creating jobs for thousands of local workers after completion.

The first phase of the project with an area of 123 hectares began on October 18, 2016 and was granted a construction permit by the People's Committee of Long An Province on May 15, 2019. Progress of ground clearance and leveling in Long Hau 3 Industrial Park phase 1 reached 76 percent, as of July 2019. Regarding infrastructure deployment, the contractor quickly gathered materials and equipment, currently constructing the drainage system of road No. 12 (section from Road No. 9 to Road No. 11).

The investor, Long Hau Corporation, asked the contractor to build a specific schedule for each work item, set up detailed construction solutions and expected completion time. At the same time, LHC always urged contractors to ensure the construction schedule, determined to hand over the first phase of the project and put it into operation in 2019.

Phase 1 of the project attracted many enterprises to sign MOU from Australia, South Korea, Japan, Europe and Vietnam

To ensure effective promotion right after the investment, Long Hau has promoted and introduced the project advantages to attract investors and registered businesses work. The results are very positive, Long Hau 3 Industrial Park phase 1 has attracted many businesses to sign MOUs from Australia, Korea, Japan, Europe and Vietnam, the total registered capital is estimated at USD 400 million.

It is expected that in 2019, Long Hau will hand over more than 20 hectares of commercial land and 3.9 hectares of factory land. In which, the 3F plot of land with an area of 6.75 ha was temporarily handed over to a Korean enterprise in July 2019.

Long Hau Industrial Park is strategically located, only 3km from Tan Cang - Hiep Phuoc Port, SPCT Port, 25km from Cat Lai Port and 12km from Phu My Hung Urban Area and 19km from Saigon Center. Building an investment environment and connecting the business community is a feature that Long Hau Industrial Park has successfully promoted. At present, Long Hau Industrial Park has built a community of over 170 domestic and foreign enterprises operating stably.