The People’s Committee of Phu Yen province approved the Hoa Hiep Industrial Zone (phase 2) as part of their development plan for centralized industrial zones up to 2020, according to Decision No. 2381, issued on September 5, 2003. Moreover, the Prime Minister’s Decision No. 1107, dated August 21, 2006, added it to the list of industrial zones in Vietnam planned for development up to 2015, with an outlook to 2020.
Hoa Hiep Industrial Zone Phase 2 is situated in Hoa Hiep Trung ward and Hoa Hiep Nam ward, in Dong Hoa town, Phu Yen province.
The Management Board of Industrial Zones in Phu Yen province is the project owner.
Given its favorable geographical location and convenient transport system, the Hoa Hiep Industrial Zone is extremely beneficial for trading goods and exporting/importing products to and from major economic areas. Thus, it becomes an ideal location for domestic and foreign investors.
Master plan map of Hoa Hiep 2 Industrial Park – Phu Yen – TTTFIC Group
Infrastructure of Hoa Hiep 2 Industrial Park:
Our internal transport system boasts a main axis measuring 40m in width, designed to support two lanes of traffic. The internal axis, on the other hand, is slightly narrower with a width of 20m but also supports two lanes.
We have connected our power supply system to the national power grid, and it operates at 22 Kv.
The drainage system, it includes a wastewater treatment system with a maximum capacity of 6800 cubic meters per day and night. At present, it operates at a capacity of 1800 cubic meters per day and night. Enterprises are also connected to the drainage system.
Our communication and postal system employs ADSL for internet services, and FAX and DID for contact information exchange.
To ensure safety, we’ve installed a fire protection system in conjunction with the clean water system in the industrial area.
The Phu Yen industrial zone enriches its landscape with abundant greenery, adhering to the principles of being green, clean, and beautiful, and consciously aiming to minimize its environmental impact.
In addition, we offer a range of facilities to meet the needs of businesses such as financial services, banks, customs, post offices, internet, and underground optical cables to maintain aesthetics. A canteen is also provided for convenience.
A perspective on Hoa Hiep 2 Industrial Park – Phu Yen – TTTFIC Group
Attracting Investment of Hoa Hiep 2 Industrial Park:
The priority sectors and fields for investment attraction include:
Construction materials and interior decoration.
Wood and plastic industries.
Consumer goods manufacturing and food processing.
Electronic equipment and agricultural machinery components.
Hoa Hiep Industrial Zone presents enticing investment incentives, one of which is slashing the land rental fees by 50% for six years, starting from the day we hand over the premises to the investor for construction.
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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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.
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Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
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With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
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Industrial real estate in industrial zones, Vietnam
