TIEN THANH INDUSTRIAL PARK - HAI PHONG

TIEN THANH INDUSTRIAL PARK - HAI PHONG

Address: Tien Lang District, Hai Phong City

Operational Period: 2022 - 2072

Total Area: 410 ha

Land Rental Price: 140 - 150 USD/m²/lease cycle

Regional Connectivity and Strategic Location

l Adjacent to the route connecting District 25 to National Highway 10;

l Linked to 11 industrial parks within the city;

l About 2km from National Highway 10;

l Approximately 12km from the Thanh Hoa - Hai Phong Coastal Expressway;

l Around 3km from Provincial Route 354;

l About 25km to Hai Phong City center;

l Roughly 25km from Cat Bi Airport;

l 40km to Dinh Vu Port;

l Approximately 50km from Lach Huyen Deepwater Port.

Connectivity Map of Tien Thanh Industrial Park

Investment Sectors Targeted in Tien Thanh Industrial Park

l Mechanical assembly industry;

l Consumer goods manufacturing;

l Electronics industry;

l Production and processing of agricultural products;

l Building materials manufacturing;

l Light industries.

Infrastructure in Tien Thanh Industrial Park

Power Supply System

​A new 110kV/22kV substation with a capacity of 2*63 MVA supplies electricity to the industrial park.

Water Supply System

​Clean water is supplied through an on-site treatment facility with a capacity of 21,000 m³/day, sourced from the Thai Binh and Luoc Rivers, with

backup from Cau Nguyet Water Plant.

Wastewater Treatment System

​The wastewater treatment plant has a capacity of 15,000 m³/day.

Transportation System

l Main roads are 47m - 49m wide, with a 15m wide roadbed for 4 lanes.

l Branch roads range from 21m to 27m wide, with an 11m roadbed for 2 lanes.

l Internal roads connect directly with the road linking Provincial Route 354 to National Highway 10, with a width of 22.5m and a 21m wide

roadbed.

Partial View of Tien Thanh Industrial Park

Investment Incentives at Tien Thanh Industrial Park

Corporate Income Tax

Exemption from corporate income tax for the first 2 years and a 50% reduction for the following 4 years from the first taxable year.

Eco - Enterprise Benefits

l Priority access to loans from specific funds.

l Eligibility for green credit from Vietnamese and foreign banks.

l Access to green bond issuance.

Incentives for Innovative Enterprises (minimum 5% industrial land area)

l Rental rate is capped at 70% compared to other areas.

l Preferential corporate income tax rate of 10% for 15 years; tax exemption for the first 4 years, followed by a 50% reduction for the next 9 years.

Innovation and R&D Centers

l Total investment exceeding 140 million USD.

l Disbursement of at least 45 million USD within 3 years.

l Preferential corporate income tax rate of 7% for 33 years.

Projects in Highly Preferred Investment Industries

l Total investment of over 1.4 billion USD.

l Disbursement of at least 450 million USD within 3 years.