Hoa Mac Industrial Park - Ha Nam

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Operating time: 2010 - Updating
Total Area: 203 Ha
Infrastructure investors: Hoa Phat Group
Price: 65 USD/m2
Building density: 70%
Occupancy: 100%
Address: Hoa Mac town, Duy Tien district, Ha Nam province, Vietnam

I. Overview of Hoa Mac Industrial Park – Ha Nam:

Hoa Mac Industrial Park – Ha Nam is under the management of Hoa Phat Urban Development and Construction Joint Stock Company, a member of Hoa Phat Group, one of the leading private industrial production conglomerates in Vietnam. Starting as a construction machinery trading company in August 1992, Hoa Phat has now become a diversified conglomerate operating in various sectors including industrial production, consumer goods manufacturing, and real estate investment. In 2007, Hoa Phat Group went public on the Vietnamese stock market with the stock code HPG.

As of March 2014, Hoa Phat Group had 13 subsidiary companies, including Hoa Phat Urban Development and Construction Joint Stock Company, which specializes in real estate investment and business within the Group.

Hoa Mac Industrial Park was established in 2007 and is located in Chau Giang, Trac Van, and Hoa Mac town, Duy Tien district, Ha Nam province, covering a total area of 203 hectares.

  • Phase 1: 131 hectares are developed by Hoa Mac Industrial Park Management and Exploitation Limited Liability Company (under Hoa Phat Urban Development and Construction Joint Stock Company – Hoa Phat Group) as the investor.

Hoa Mac Industrial Park is oriented towards attracting industries that utilize high technology and have minimal impact on the environment, with investment sectors including:

  • Electronics and telecommunications component manufacturing
  • Agro-food processing industry
  • Textile and footwear industry
  • High-end consumer goods manufacturing
  • Construction materials industry
Transportation connectivity to Hoa Mac Industrial Park - Ha Nam - TTTFIC Group

Transportation connectivity to Hoa Mac Industrial Park – Ha Nam – TTTFIC Group

II. Geographical location of Hoa Mac Industrial Park – Ha Nam:

Hoa Mac Industrial Park is situated in the center of Duy Tien town, Ha Nam province.

It is located on National Highway 38, close to National Highway 1A and National Highway 39, connecting to other important transportation routes such as National Highway 5 and the Hanoi – Hai Phong Expressway (National Highway 5B).

This location provides convenient access to Hanoi and satellite urban areas, with the added advantage of being only a 2-hour drive from Hai Phong Port. This is a significant advantage for businesses in terms of transportation, distribution, and export activities to domestic and international markets.

III. Infrastructure of Hoa Mac Industrial Park – Ha Nam:

Internal transportation:

  • The internal road system has road cross-sections ranging from 21.25m to 45m, with roadbed widths ranging from 11.25m to 22.25m, allowing convenient access for 40-foot container trucks and other road transport vehicles.

Power system:

  • The power supply is continuously provided from a 100MVA transformer substation at 110/35KV, located 4km from the industrial park.

Public lighting system:

  • The street lighting network is designed separately with a power supply system and is arranged along the road axes.

Water system:

  • Moc Nam Water Plant (located 3km from the industrial park) with a total designed capacity of 30,000m3/day-night (phase 1: 4,000m3/day-night) ensures sufficient clean water supply for all enterprises in the industrial park.

Wastewater and rainwater drainage system:

  • The industrial park build separate systems for rainwater and wastewater (including industrial wastewater and domestic wastewater).
  • The system collects rainwater and discharges it into rivers in the area.
  • The industrial park’s wastewater treatment plant collects and treats wastewater.

Waste treatment:

  • The factories in the industrial park will sign contracts for waste classification, collection, and transportation with specialized units to transport waste out of the industrial park, preventing environmental pollution.

Wastewater treatment:

  • A construction company builds a wastewater treatment plant with a capacity of 5,000m3/day-night, utilizing a biological treatment system.
  • Individual plants preliminarily treat wastewater before discharging it into the centralized treatment system of the industrial park.

Communication system:

  • The military telecommunications postal system of Viettel Corporation meets international standards, ready to provide 9-10 lines per hectare and meet the demand for postal services domestically and internationally.

Fire protection:

  • Less than 7km from the fire station, the industrial park has an on-site firefighting system with fire hydrants arranged along the roadways.

Landscape & Greenery:

  • The industrial park dedicates approximately 20% of the land area to green spaces and water surfaces.
  • Additionally, the industrial park distributes greenery along the road axes and within the factories, contributing to a clean and fresh environment.

IV. Abundant High-Quality Labor Force of Hoa Mac Industrial Park – Ha Nam:

  • Currently, the population of Ha Nam is approximately 800,000, with about 500,000 people of working age.
  • This local labor force will meet the labor demand for enterprises in the industrial park.
  • Ha Nam province has a system of colleges and vocational schools, such as Ha Hoa Tien University, Hanoi Industrial University – Ha Nam campus, Ha Nam Vocational College, Vocational Training and Job Placement Center in Ly Nhan district, etc., which always meet the demand for technical labor for factories in the province.
  • In addition, the labor force from Hanoi will be a significant supplement to the high-quality labor demand of the enterprises.
Master plan map of Hoa Mac Industrial Park - Ha Nam - TTTFIC Group

Master plan map of Hoa Mac Industrial Park – Ha Nam – TTTFIC Group

V. Investment Incentives of Hoa Mac Industrial Park – Ha Nam:

A. Corporate Income Tax (CIT)

According to the regulations in Decree 118/2012/ND-CP on November 12, 2015:

  • Expanded and newly invested enterprises in the industrial park are exempt from corporate income tax for the first 2 years and enjoy a 50% reduction in the payable tax amount for the following 4 years.
  • The corporate income tax rate is 20%.

B. Import tax on machinery and equipment

Exempt from import duties on imported goods to create fixed assets for investment projects in the incentivized sectors, including:

  • Machinery, equipment, components, parts, and spare parts are used for synchronous assembly. Machinery and equipment require raw materials and supplies for manufacturing. Manufacturers use raw materials to manufacture machinery components, parts, and spare parts. Manufacturers also use supplies for manufacturing components, parts, and spare parts of machinery and equipment.
  • Specialized transportation vehicles directly used in the production process of the project.
  • Locally unavailable construction materials.
  • Exempt from import tax for raw materials and supplies imported for the production of export goods.
  • Machinery, equipment, and supplies that are domestically unavailable and need to be imported for direct use in scientific research and technological development activities are eligible for VAT exemption.
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

  • Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
  • 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.
  • Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
  • 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.
  • Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
  • 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…).
  • Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.

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