Hai Yen Industrial Park - Quang Ninh

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Information
Operating time: 2007 - 2057
Total Area: 182 Ha
Infrastructure investors: Viglacera Corporation
Price: 80 USD/m2
Building density: 60%
Occupancy: 50%
Address: Hai Yen commune, Mong Cai border town, Quang Ninh province.

I. Overview of Hai Yen Industrial Park – Quang Ninh:

Hai Yen Industrial Park – Quang Ninh was established by the decision of the Prime Minister through document number 1224/CP-CN. On December 8, 2003, the People’s Committee of Quang Ninh province approved the location for the development of Hai Yen Industrial, Urban, and Service Zone in Decision 422/QD-UB.

Hai Yen Industrial Park was constructed starting from 2005, covering a total area of 182 hectares. It is the only industrial park located in the economic border gate area of Mong Cai, Quang Ninh.

Information about the investor:

Viglacera Corporation, specializing in glass and ceramic construction, undertook the assignment as the investor responsible for construction, management, and operation.

Viglacera has experience in investing and constructing concentrated industrial parks. They prioritize comprehensive and advanced infrastructure systems. This includes transportation, electricity supply, water supply, drainage, and communication networks. They also offer rental workshops, warehouses, and various social infrastructure and services.

The business activities related to infrastructure and services in Hai Yen Industrial Park are entrusted to Viglacera Corporation. With a highly experienced and knowledgeable team in the real estate sector, as well as professional and effective working methods, Viglacera Real Estate Business Company is committed to providing valuable information and excellent services for enterprises. The company aims to assist them in making the best investment decisions for their projects.

II. Geographical location of Hai Yen Industrial Park – Quang Ninh:

Hai Yen Industrial Park is geographically situated in Hai Yen commune, Mong Cai border town, Quang Ninh province.

  • To the north of the industrial park is the former National Highway 18, while to the south is the new National Highway 18, according to the plan for the expressway from Mong Cai to Ha Long, connecting to Hanoi.
  • To the north of the industrial park, the former National Highway 18 serves as its border, while to the south, the new National Highway 18, which is planned to become the Hạ Long – Mong Cai expressway, serves as its border in terms of transportation by road.
  • Regarding water transportation: The industrial park is located 20 km away from Van Gia seaport and 18 km away from Dan Tien seaport. It is 180 km away from the deep-water port of Cai Lan (Ha Long City).

During the country’s process of industrialization and modernization, Quang Ninh province positions itself for significant socio-economic development. It is located in the key economic region of the Northern part of Vietnam, part of the strategic development plan “Two corridors, one belt” between Vietnam and China, serving as a bridge between ASEAN and China, expanding interregional cooperation in the Northern region, and connecting the Nanning-Singapore economic corridor.

Transportation connectivity to Hai Yen Industrial Park - Quang Ninh - TTTFIC Group

Transportation connectivity to Hai Yen Industrial Park – Quang Ninh – TTTFIC Group

III. Infrastructure of Hai Yen Industrial Park – Quang Ninh:

Internal transportation system:

  • The internal transportation system occupies 14% of the total area of the industrial park, built comprehensively and reasonably arranged within the industrial park.
  • It includes a 43m-wide central road, main roads with two lanes and a width of 33m, and branch roads ranging from 20m to 27m wide.
  • Along these roads, there are spacious sidewalks measuring 6-8m, where underground utility corridors for electricity, water supply, and information are located.

Power supply system:

  • Hai Yen Industrial Park is supplied with electricity from the national grid through a 110/22 KV transformer station with a capacity of 2x16MVA.
  • The power transmission system runs along the land plots to ensure sufficient and stable electricity supply to all investors within the industrial park.
  • Investors can choose between medium-voltage or low-voltage electricity based on their needs.

Water supply and drainage system:

  • The Hai Yen Industrial Park sources water for production from the Trang Vinh reservoir and processes it through a clean water treatment plant with a capacity of 6,500m3/day.
  • The park is equipped with large-capacity water reservoirs and a water supply network that extends to the perimeter of the park to meet the water demands for production and daily activities of businesses within the industrial park.
  • Each factory locally treats industrial wastewater to meet prescribed standards before discharging it to the common wastewater treatment facility of the industrial park.
  • The wastewater treatment plant collects, processes, and settles treated wastewater in sedimentation ponds, utilizing microbiological methods to remove sludge and harmful impurities.

Waste treatment system:

  • The industrial park collects and sorts solid waste from factories and workshops before transferring it to the landfill for treatment.

Communication system:

  • Hai Yen Industrial Park has established a modern telecommunications network that meets international standards to fully and rapidly meet the communication needs, both domestic and international.
  • Additionally, the industrial park has implemented a state-of-the-art information technology system. This system serves various communication services such as data transmission, internet, IP telephony, video conferencing, and more.

IV. Investment-attracting industries in Hai Yen Industrial Park – Quang Ninh:

  • Consumer goods manufacturing industry
  • Electronics assembly industry
  • Machinery manufacturing industry
  • Automobile and motorcycle assembly industry
  • Processing of agricultural, forestry, aquatic products
  • Production of construction materials
  • Warehousing, logistics, export waiting areas, bonded warehouses, etc.

V. Investment Costs at Hai Yen Industrial Park – Quang Ninh:

  • Vigalcera provides ready-built workshops with standard areas ranging from 2,500 to 5,000 square meters.
  • The design of the modern factory aims to meet customer requirements.
  • Viglacera also offers customized factory design to meet specific needs.
  • Land cost: 60-80 USD per square meter.
  • Land lease term: From 2007 to 2057.
  • Electricity price: According to government regulations.
  • Labor cost: Approximately 200-400 USD per person per month, depending on the location.
  • Management fee: 0.5 USD per square meter per year.
A perspective on Hai Yen Industrial Park - Quang Ninh - TTTFIC Group

A perspective on Hai Yen Industrial Park – Quang Ninh – TTTFIC Group

VI. Investment Incentives at Hai Yen Industrial Park – Quang Ninh:

  • Corporate income tax rate: 20%.
  • Enterprise income tax incentives: 10% for 15 years.
  • Exemption from taxes for the first 4 years and a 50% reduction for the next 9 years.
  • Personal income tax: 50% reduction on the payable tax amount.
  • Exemption from value-added tax (VAT) for imported raw materials used in production and for exported goods under outsourcing contracts signed with foreign partners.

VII. Labor Source and Costs at Hai Yen Industrial Park – Quang Ninh:

Labor source:

  • Quang Ninh Province has an abundant workforce with specialized training. Estimated figures for 2018:
  • Population in 2018: 1,266,500.
  • Labor force: 718,400.

Vocational training support from Quang Ninh Province:

  • Target group: Workers with permanent residence in Quang Ninh and who have been working in the industrial park for at least two (02) years from the date of investment license issuance.
  • Support level: Initial support for short-term vocational training (training period of up to 3 months) is 50% of the minimum wage per month. For training periods exceeding 3 months, the support level does not exceed 1.5 times the common minimum wage per training course.

Costs:

  • Minimum wage at Hai Yen Industrial Park is 145 USD per month.
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
  • With over 20 years of experience in Design & Build for FDI projects of all scales. If you are looking for industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands of buyers, sellers (M&A), and industrial real estate tenants (especially projects from Japan, US, Europe, Taiwan, China, Korea, Singapore, India…).
  •  For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
  •  Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
  •  You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
  • The best thing you can do is call us today! help you expand your Business to Vietnam

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