Cong Hoa Industrial Park - Hai Duong

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Information
Operating time: 2008 - 2058
Total Area: 201,43 Ha
Infrastructure investors: Viet Nam Rubber Industrial Zone And Urban Development Joint Stock Company
Price: 90-100 USD/m2
Building density: 65%
Occupancy: 60%
Address: Cong Hoa Ward and Van Duc Ward, Chí Linh City, Hai Duong Province, Vietnam

The Cong Hoa Industrial Park in Hai Duong Province enjoys prominent advantages, primarily its excellent connectivity, both domestically and internationally. It is strategically located in the heart of the key economic region in Northern Vietnam, within the economic triangle of Hanoi – Hai Phong – Quang Ninh.

Meticulously designed and modern, this industrial park features an extensive internal road network, substantial green spaces, and internationally compliant utilities such as electricity and wastewater treatment.

The industrial park provides an ideal environment for enterprises that demand advanced technology and international standards, contributing significantly to the economic development of the region and the country as a whole.

I. Overview of Cong Hoa Industrial Park – Hai Duong

Legal Information about the Industrial Park

On April 9, 2008, the Management Board of Hai Duong Industrial Parks issued the first investment registration certificate numbered 0227553775 for the project to invest in the construction and operation of infrastructure for Cong Hoa Industrial Park, with an investment area of 357,03 hectares and an operational term of 50 years.

On April 1, 2008, the Ministry of Natural Resources and Environment approved the environmental impact assessment report for Cong Hoa Industrial Park according to Decision No. 727/QD-BTNMT dated April 1, 2008. According to this decision, Cong Hoa Industrial Park is characterized as a high-tech, modern, environmentally friendly industrial Park.

The area of Cong Hoa Industrial Park was adjusted according to Decision No. 706/QD-UBND dated March 26, 2015, of the People’s Committee of Hai Duong Province. The total area of the industrial Park was reduced by 155,6 hectares, resulting in a revised area of 201,43 hectares (a reduction of 23,83 hectares in the northern area converted to urban land and a reduction of 131,77 hectares in the southern planning area of the industrial Park). At the same time, the total area of industrial land available for lease within the industrial Park was adjusted to 145,54 hectares.

They have designed Cong Hoa Industrial Park to be modern and cohesive, with wide internal road networks and extensive green spaces. The electricity and water supply and drainage systems meet international standards, and the land plots are flexible, suitable for various types of factories.

Cong Hoa Industrial Park provides an ideal environment for businesses that require advanced technology and international standards, contributing to the economic development of the region and the country.

Industrial Park Scale

– Total area: 201,43 hectares.

– Industrial land for lease: 145,54 hectares.

– Leased industrial land area: 87,324 hectares.

– Vacant land area: 58,216 hectares.

Information about the Investor of the Industrial Park

The investor of Cong Hoa Industrial Park is Viet Nam Rubber Industrial Zone And Urban Development Joint Stock Company.

Main headquarters address: Cong Hoa Industrial Park, Cong Hoa Ward, Chí Linh City, Hai Duong Province, Vietnam.

Total investment capital: 1.081 billion VND.

Master plan map of Cong Hoa Industrial Park - Hai Duong - TTTFIC Group

Master plan map of Cong Hoa Industrial Park – Hai Duong – TTTFIC Group

II. Geographical location of Cong Hoa Industrial Park – Hai Duong

Cong Hoa Industrial Park is located in Cong Hoa Ward and Van Duc Ward, Chí Linh City, Hai Duong Province, Vietnam.

One notable advantage of the industrial park is its regional connectivity both domestically and internationally.Situated in the heart of the key economic region of Northern Vietnam, the industrial park is within the Hanoi – Hai Phong – Quang Ninh economic triangle.

Geographical location:

  • The northern boundary is adjacent to National Highway 18 and Cong Hoa Industrial Cluster, Chi Linh Town.
  • The eastern boundary is adjacent to a stream (from Gon Bridge to Dong Mai River).
  • The southern boundary is adjacent to the road connecting Vinh Dai Hamlet and Bich Thuy Hamlet, Van Duc Commune.
  • The western boundary is adjacent to Tien Dinh residential area, Cong Hoa Ward.

Strategic location:

  • 4 km from National Highway 37.
  • 66 km from Cat Bi Airport.
  • 78 km from Noi Bai International Airport.
  • 75 km from Cai Lan Port.
  • 59 km from Hai Phong Port.
  • It is located 75 kilometers away from the heart of Hanoi.
  • 30 km from Hai Phong City.
  • 31 km from Hai Duong Railway Station.
  • Adjacent to Sao Do Industrial University, a large-scale university in the country, providing education in various fields and serving as a high-quality human resource supplier for the industrial park.

The convenient transportation links to Hai Phong and Hanoi have created a significant competitive advantage for Cộng Hoà Industrial Park, particularly for companies with import and export requirements.

III. Infrastructure of Cong Hoa Industrial Park – Hai Duong

Internal transportation:

Main roads and branch roads divide the internal transportation system.

  • The main road of the internal transportation system is 34m wide.
  • The branch roads range from 22m to 31m wide.

Power system:

  • A 25MVA transformer station with a capacity of 110KV/22KV exclusively supplies power to the industrial park.
  • The 110KV transformer station has a capacity of 2x40MVA, and there is also a 22KV/0,4KV transformer station.

Water system:

  • The industrial park has a clean water plant that meets the needs of investors.
  • The water plant has a capacity of 8.700m3 per day.

Wastewater and rainwater drainage system:

  • The wastewater and rainwater drainage system arranges itself along the roads and centralizes to the treatment plant of the industrial park.

Waste management:

  • Solid waste from the factories in the industrial park will be classified, collected, and transported to the centralized landfill in Hai Duong City.

Wastewater treatment:

  • The industrial park has a wastewater treatment plant that meets the needs of investors.
  • The wastewater treatment capacity is 5.200m3 per day.

Communication system:

  • Telephone lines, ADSL broadband, and fiber optic cables are provided based on customer demand to ensure smooth international communication.
A perspective on Cong Hoa Industrial Park - Hai Duong - TTTFIC Group

A perspective on Cong Hoa Industrial Park – Hai Duong – TTTFIC Group

IV. Industries attracting investment of Cong Hoa Industrial Park – Hai Duong

Cong Hoa Industrial Park primarily attracts high-tech, modern, and environmentally friendly industries, including:

  • Electronics, computer, telecommunications, and equipment assembly industry.
  • Mechanical engineering, industrial machinery manufacturing, and agriculture industry.
  • Automobile and motorcycle assembly industry.
  • Rubber, plastic, and plastic products manufacturing industry.
  • High-end ceramics, glassware manufacturing industry.
  • Textile industry, packaging manufacturing, and wood processing industry.
  • Pottery, fine ceramics, and construction materials industry.
  • Food processing, beverage, and agricultural product processing industry.
  • Pharmaceutical and cosmetics chemical industry.
  • Nano-material manufacturing industry.

V. Cost of land lease and support of Cong Hoa Industrial Park – Hai Duong

  • Infrastructure rental rates vary based on the location of the leased land and are priced at 90 – 100 USD/m2 (lease term until 2058).
  • Management and maintenance fees for infrastructure are set at 0,4 USD/m2/year.
  • Annual land lease fees are determined according to the regulations of the Hai Duong Provincial People’s Committee, with the current rate being 0,225 USD/m2/year for raw land.
  • Electricity rates are based on the rates set by the electricity sector and are paid directly to the Hai Duong Provincial Power Company. Electricity price estimate: $0,1 per kWh.
  • Water supply is priced at 0,65 USD/m3, billed monthly based on the actual consumption in cubic meters.
  • Wastewater treatment fees amount to 0,7 USD/m3, charged monthly based on the actual volume of wastewater discharged.

These rates and fees provide a transparent framework for cost calculations and management in Cong Hoa Industrial Park.

VI. Advantages of investing in Cong Hoa Industrial Park – Hai Duong

Labor costs

  • Cong Hoa Industrial Park is located in Chi Linh City, belonging to Zone III.
  • In Zone III, the current minimum wage stands at 3.430.000 VND per month.

Investment tax incentives

Corporate income tax

  • Enterprises are exempt from corporate income tax for the first 2 years and enjoy a 50% reduction in the tax payable for the following 4 years.
  • The calculation of the application period starts from the first year of taxable revenue generation or from the fourth year of operation, whichever occurs earlier.

Import tax

  • Enterprises enjoy import tax exemption on goods used as fixed assets for the project, including equipment and machinery.
  • Specialized vehicles in the production line and transportation vehicles for workers also qualify for import tax exemption.
  • The tax exemption includes components, parts, detachable parts, fittings, molds, and accessories accompanying the equipment and machinery.
  • Raw materials and supplies used in the production line or for manufacturing components and accessories are eligible for tax exemption.
  • Import tax exemption is applicable to domestic construction materials that have not been produced.

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The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available

TTTFIC Group: Guide to Industrial Real Estate in Vietnam


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