DONG VANG INDUSTRIAL PARK - THANH HOA

DONG VANG INDUSTRIAL PARK - THANH HOA

​Address: Nghi Son Town, Thanh Hoa Province

​Area: 492 ha

​Operational period: 2022 - 2072

​Land rental price: 68 - 72 USD/m²/lease term

Strategic Location and Regional Connectivity

l Approximately 4 km from National Highway 1A;

l Around 1 km from the North-South Expressway;

l About 60 km from Thanh Hoa city center;

l Approximately 200 km from Hanoi city center;

l About 200 km from Noi Bai International Airport;

l Approximately 70 km from Tho Xuan Airport;

l Around 20 km from Nghi Son Deep-Sea Port.

Investment Sectors Targeted at Dong Vang Industrial Park

l Manufacturing rubber and plastic products;

l Fertilizer and chemical production;

l Pharmaceutical and medicinal production;

l Wood processing and manufacturing of wood, bamboo, and rattan products (excluding furniture); production of straw and woven products;

l Paper production and related products;

l Textile, dyeing, and garment manufacturing;

l Leather production and related products;

l Supporting industries;

l Other industries in compliance with legal regulations.

Infrastructure at Dong Vang Industrial Park

Power Supply

Supplied via a newly constructed 110kV substation in the Nghi Son Economic Zone, with two transformers of 3x63MVA-110/35/22KV capacity.

Water Supply

Provided by Nghi Son and Hao Hao water plants, with a total capacity of 14,000 m³/day.

Wastewater Treatment

Two wastewater treatment plants with a combined capacity of 9,600 m³/day.

Internal Transportation

Main roads 45m wide with 4 lanes; branch roads 25m wide with 2 lanes.

Detailed Planning of Dong Vang Industrial Park

Investment Incentives at Dong Vang Industrial Park

l Corporate income tax exemption for the first 4 years, 50% reduction for the following 9 years, and a preferential 10% tax rate for 15 years

l Import duty exemption for the first 5 years after project commencement on raw materials, supplies, and semi-finished

products that are unavailable or not quality-compliant in Vietnam

l Land and water surface rent exemption during the construction phase for up to 3 years from the date of land lease decision; exemption from 11 to

15 years after project operation depending on the project sector

l Land and water surface rent exemption for the project duration for projects in especially incentivized sectors as per government regulations

Investment Support at Dong Vang Industrial Park

l Consultation and assistance for obtaining investment approval and investment license

l Guidance on registering business licenses, tax codes, import-export codes, and company seals

l Assistance with construction permits, environmental impact assessments, and building ownership certifications

l Introduction to high-quality design and construction service providers

l Support with utility contracts for phone, water, and electricity connections

l Consultation on labor recruitment for investors

Land Rental and Additional Costs at Dong Vang Industrial Park

Land rental price: 68 - 72 USD/m²/lease term

Land tax: As per State regulations

Management fee: 0.5 USD/m²/year

Electricity price: According to EVN rates

Raw water price: 7,940 VND/m³

Clean water price: 17,920 VND/m³

Wastewater treatment fee: 0.35 - 0.6 USD/m³

The above prices and fees do not include VAT and are subject to change. Please contact IIP for the latest updates.

Contact:
For partners interested in leasing land to establish factories at Dong Vang Industrial Park, please contact the Hotline: 1900.888.858 or Email: [email protected].