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Vietnam Property Listing - rent House Villa - Expat Ho Chi Minh - office for lease
Main > Industrial > Moc Bai Border Economic Zone
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Our Ref. Numer: 189
Type: Industrial
Featured: No

Located on the Cambodian border near the Trans Asia Highway 70 km from HCM City and 170 km from Phnom Penh and is considered a gateway to other Southeast Asian markets.

It covers 21,283 ha in Ben Cau District in Tay Ninh Province with three border gates: Moc Bai; Phuoc Chi; and Long Thuan. The USD$1.6 million 1st phase officially opened for operation in early 2005 with a 16,500 sqm compound and 2,000 sqm main building, and was funded by the ADB using left-over money from the USD$145 million Trans-Asia Highway project. Most commodities and services entering or exiting the commercial and industrial section will be entitled to 0% rate of import export tariffs and value added tax. The zone includes the 105 hectare Sun Industrial Zone; the 286 hectare Mat Troi / Sun City new urban town; and 405 hectares are slated for the con¬struction of 3 additional IPs. The first phase of Mat Troi (Sun) Town, ca¬pable of housing 40,000 residents is expected to start in 2005 and finish in 2010 when it is expected to become a dynamic economic hub in the country's south-west region. The 220 hectare Sun Urban Area will be home to an international trade and service centre, an industrial complex, a bonded warehouse area and a residential area. Authorities have asked the Government to turn the zone into a Duty Free Area in a move to better develop the area's industry. Provincial authori¬ties plan to raise the IZ's bilateral trade turnover between Viet Nam and Cambodia to USD$37 million in 2005 which represents 10% percent of the total trade value of the two nations. Vietnam's export earnings to Cambodia through the zone was about USD$25 million in 2004. Over 1,430 hectares of land have been leased for a total registered capital of USD$300 million.

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Regional: Southern Key Economic Region-SKER
City/Province: Tay Ninh

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The information contained herein is believed to be true but does not form part of any future contract. Although obtained from sources we deem reliabel, we assume no responsibility and no warranties are made or implied regarding any errors, omissions, prior sale or withdrawal from the market without notice and the purchaser will need to make their own enquiries and independent investigations as to the facts and suitability of the property for their intended use or purpose.
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