Vietnam’s Moc Bai Economic Zone and Border Gate (MBEZ) is expected to become an international trade center in the near future. MBEZ will serve to promote cooperation and development between Vietnam and Cambodia, as well as the other countries in the ASEAN region. Located along the soon to be completed Trans-Asia Roa
Vietnam's Moc Bai Economic Zone and Border Gate (MBEZ) is expected to become an international trade center in the near future. MBEZ will serve to promote cooperation and development between Vietnam and Cambodia, as well as the other countries in the ASEAN region.
Located along the soon to be completed Trans-Asia Road, the Zone is in a prime position to benefit from the trade that will soon by moving via the new roadway. The Trans-Asia Road, currently under construction, stretches from Myanmar, through Thailand, Cambodia, Laos, Vietnam, and finally ends in Quangxi, China.
The completion of the Trans-Asia Road will mean that the MBEZ will only be 70km away from Ho Chi Minh City.
Currently, MBEZ has already attracted 34 investors and a total of 46 investment projects worth a total $294 million.
MBEZ is providing a number of incentives to attract businesses to the area. An exemption from import-export and value-added tax will be given for enterprises operating in MBEZ. Also, an 11 year exemption from land rent will be given to investors in MBEZ, beginning from the signing of their land rent contracts.