Hoang Mai 2 Industrial Park - Nghe An Province

Overview of Hoang Mai 2 Industrial Park – Nghe An Province:

Hoang Mai 2 Industrial Park – Nghe An Province, together with Nghi Son Economic Zone, has become the industrial center of South Thanh – North Nghe An according to the approved planning orientation of South Thanh – North Nghe An in Decision No. 847/TTg on October 10, 1997, and Resolution No. 26-NQ/TW of the Politburo on July 30, 2013, regarding the direction and development tasks of Nghe An province until 2020.

Nghe An province detailed Hoang Mai 2 Industrial Park in the planning through Decision No. 2943/QD.UBND-DT on August 7, 2012.

On July 27, 2017, representatives of the Nghe An Provincial People’s Committee and KOVINET Company from South Korea signed a memorandum of understanding for infrastructure investment in Hoang Mai 2 Industrial Park with a total area of 343 hectares and a total investment capital of 1,500 billion VND.

As KOVINET from South Korea did not continue its investment, Hoang Mai 2 Industrial Park is expected to be invested by Hoang Thinh Dat Corp. Currently, Hoang Thinh Dat Corp has signed a memorandum of understanding with the Nghe An Provincial People’s Committee and is expediting the completion of investment procedures for Hoang Mai 2 Industrial Park.

Geographical location of Hoang Mai 2 Industrial Park – Nghe An Province:

Hoang Mai 2 Industrial Park – Nghe An Province is located in Quynh Vinh commune, Hoang Mai town, Nghe An province, with a total area of 343.69 hectares.

• Kim Giao Mountain and the provincial border of Thanh Hoa border it to the north.
• Tram and Bach Dan planted mountains are adjacent to it in the east.
• Tuong Hill connects it to Nghia Dan – Dong Hoi Road in the south.
• Hills in the sugarcane raw material area border it in the west.

Hoang Mai 2 Industrial Park is close to National Highway 1A and the trans-Vietnam railway. It is also near an international port capable of receiving ships weighing 50,000 to 70,000 tons and Vinh International Airport. These are positive advantages that attract investors.

Hoang Mai 2 Industrial Park is a concentrated industrial park, providing a favorable environment to attract investors from both within and outside the province. It serves as a foundation for promoting investment activities in Hoang Mai town and Nghe An province.

Infrastructure of Hoang Mai 2 Industrial Park – Nghe An Province:

Internal transportation system:

• The industrial park has a well-designed internal transportation system to ensure smooth traffic flow throughout the industrial park.
• All internal roads are designed and constructed in compliance with national regulations and completed with asphalt concrete.
• The central road in the industrial park is 30 meters wide, and the branch roads are 21 meters wide.

Electricity system:

• The industrial park obtains the power supply from a 110kV power line located 4km east of the park.
• The park constructs a substation (1×40) MVA within its premises, and it utilizes an underground cable system to provide power to the factories along the perimeter.

Public lighting system:

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

Water system:

Water supply for the factories in the industrial park is sourced from two sources:

• Hoang Mai Water Supply Company with a capacity of 80,000 m3/day.
• A clean water plant within the industrial park with a capacity of 12,000 m3/day.

Wastewater and stormwater drainage system:

• The industrial park has a separate system for stormwater drainage and wastewater treatment.
• The industrial park’s drainage channel receives and discharges all rainwater.
• A drainage system (8-15m wide) is constructed within the industrial park to direct the water to Vuc Mau Lake.

Waste management:

• The industrial park will collect and transfer solid waste to a transfer station, where they will sort the waste at the source before transporting it to the treatment area.

Wastewater treatment:

• The pipeline system (utilizing various sizes of U-PVC pipes: DN250, DN315, DN355, DN400, DN500, DN600) collects wastewater.
• Pumping stations then pump the wastewater to a three-stage biological treatment lake (with a capacity of 120,000m3).
• The treatment process combines Physical-Chemical-Biological methods, including sedimentation, oxidation, and disinfection, to ensure the standards before discharging the wastewater into the environment.

Communication system:

• The connection system between the industrial park’s information and communication center and the central post office in Hoang Mai ensures all communication needs. It provides necessary services such as private switchboards, international telephones, remote conferences, dedicated channels, high-speed internet, email, etc.

Industry attracting investment of Hoang Mai 2 Industrial Park – Nghe An Province:

• Manufacturing of automotive components, electronics, and electrical equipment.
• Building materials industry.
• Industries engaged in the processing of agricultural, forestry, and mineral products.
• All industries permitted by Vietnamese law.

Labor supply and costs of Hoang Mai 2 Industrial Park – Nghe An Province:

Abundant labor supply:

• Located in Hoang Mai town and adjacent to Thanh Hoa province, the industrial park benefits from an abundant young labor force in the region.
• Investors not only have favorable conditions for labor recruitment and training but also can save on labor costs and access affordable services.

Labor costs:

• The Industrial Park is located in Hoang Mai town, Nghe An province, which falls under Region III.
• Therefore, the current minimum wage in Region III is 3,430,000 VND per month.