Overview of Hoa Hiep 1 Industrial Park
Hoà Hiệp Industrial Park was approved for detailed planning by the Ministry of Construction (Decision No. 804/QD-BXD on July 13, 1999). The investor of the industrial park is the Management Board of Industrial Parks of Phu Yen province.
Hoà Hiệp Industrial Park (Phase 1), spanning an expansive 101.5 hectares, sprawls across Hòa Hiệp Bắc Ward and Hòa Hiệp Trung Ward in Đông Hòa town, Phu Yen province. It strategically positions itself along the proposed route of National Highway 29.
Land area utilization: The total planned area is 101.5 hectares, divided into:
- Phase I: 30 hectares.
- Phase II: 30 hectares.
- Phase III: 41.5 hectares.
The Hoà Hiệp Industrial Park project is one of the first key industrial park projects and serves as a lever to develop the industrial chain in Phu Yen province, following the approved development plan by the Prime Minister.
Master plan map of Hoa Hiep 1 Industrial Park – Phu Yen – TTTFIC Group
Infrastructure of Hoa Hiep 1 Industrial Park:
Internal transportation – Main axis – Width: 40m – Number of lanes: 2 lanes – Internal axis – Width: 20m – Number of lanes: 2 lanes.
Electricity supply system: National power grid – 22 kV.
Water supply system: The water system meets the needs of both domestic use and large-scale production activities within the industrial park and is supplied by the industrial park’s water plant.
Wastewater drainage system – Wastewater treatment system – Maximum capacity: 6800 m³/day-night – Current capacity: 1800 m³/day-night.
Postal and telecommunications system – Internet: ADSL – Communication information: FAX, DID.
Greenery system: Greenery is implemented according to the green-clean-beautiful criteria within the Phu Yen industrial park, minimizing environmental impacts.
Fire prevention and firefighting system: Installed adjacent to the clean water system to ensure safety within the industrial park.
A perspective on Hoa Hiep 1 Industrial Park – Phu Yen – TTTFIC Group
Attracting Investment of Hoa Hiep 1 Industrial Park:
The main industries operating within the industrial park include:
- Agriculture, forestry, and fisheries.
- Textile and garment, footwear, and leather industries.
- High-quality construction materials manufacturing.
- Electronic equipment, components, and agricultural machinery.
- Food processing and production.
Incentive policies:
- Reduced land rental fees for developed infrastructure: The governing body grants investors a 50% reduction in land rental fees for 6 years from the date they receive land allocation for construction purposes.
- Reduced fees for infrastructure usage: The authorities provide investors with a 50% discount on infrastructure usage fees for 6 years from the moment they get land allocation for building purposes.
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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Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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