Nam Trang Cat Industrial Park - Hai Phong

Located in a strategically advantageous position for the development of high-tech industries, Nam Trang Cat Industrial Park, part of the Trang Cat project, was established to attract both domestic and international enterprises, particularly Foxconn’s satellite companies. In the not-too-distant future, the Trang Cat complex will become a source of pride for Hai Phong City and further assert KBC’s excellence in the investment and construction sector.

I. Overview of Nam Trang Cat Industrial Park – Hai Phong

Nam Trang Cat Industrial Park in Hai Phong is part of the overall master plan of Nam Trang Cat Industrial and Urban Area, located within the Dinh Vu – Cat Hai Economic Zone.

The investor of the Industrial Park is a strategic joint venture between Kinh Bac Urban Development Corporation (KBC) and Foxconn Group (Taiwan). Vinhomes IZ is responsible for the infrastructure development of the industrial park.

Nam Trang Cat Industrial and Urban Area is built with a modern and international approach. It is divided into four zones:

• High-tech industrial zone with an area of nearly 206 hectares
• Urban area covering approximately 435,73 hectares
• Integrated service and social housing zone spanning around 116,56 hectares
• Green isolation zone combined with static transportation, occupying about 32,62 hectares

The industrial park focuses on developing clean industries, information technology, high technology, and environmentally friendly sectors to serve the coastal economy.

II. Geographical location of Nam Trang Cat Industrial Park – Hai Phong

Nam Trang Cat Industrial Park is located in Truong Cat Ward, Hai An District, Hai Phong City. Vietnam.

The industrial park is situated behind Cat Bi Airport and adjacent to the final point of the Ha Noi – Hai Phong Expressway. To facilitate convenient transportation to the industrial park, Trang Cat Urban Development Company has invested nearly 100 billion VND to construct a 4-lane underpass connecting the Ha Noi – Hai Phong Expressway. Additionally, it will open a road connecting the Lach Huyen Bridge intersection to the embankment road along the Lach Trach River.

The location provides direct transportation connectivity from Duong Kinh and various districts and suburbs to the Dinh Vu and Lach Huyen industrial clusters. We can see on the map that Nam Trang Cat IP is the hub of this vital transportation network.

Nam Trang Cat IP enjoys favorable connectivity:

• 2 km from National Highway 5B
• Cat Bi International Airport is conveniently located just 7 km away.
• 12 km from Hai Phong Railway Station
• It is situated at a distance of around 10 km from the heart of Hai Phong City.
• Approximately 9km from Dinh Vu SeaPort
• Approximately 18,4km from Lach Huyen Deep SeaPort
• Approximately 140 km from Noi Bai International Airport

III. Infrastructure of Nam Trang Cat Industrial Park – Hai Phong

Internal Transportation

The internal transportation system is built comprehensively and coherently, including:

• Main roads: 4-lane, two-way roads.
• Branch roads: 2-lane roads.

Electricity System

Nam Trang Cat IP is supplied with electricity from the national power grid through a 110/22KV substation.

Water System

Nam Trang Cat IP ensures a stable supply of clean water for businesses.

Wastewater and Stormwater System

• Established separate systems for wastewater and stormwater, which collect stormwater through drainage systems and discharge it into rivers within the area.

Waste Treatment

The industrial park collaborates with licensed waste treatment companies to conduct waste treatment for businesses.

Wastewater Treatment

To meet the inlet wastewater standards of the industrial park, we subject the wastewater to preliminary treatment before forwarding it to the centralized wastewater treatment plant.

Communication System

• Internet: Broadband ADSL service, International Direct Dialing (IDD), fiber optic cables, and leased lines are available.
• Telephone: The number of phone lines depends on the needs of each business.

IV. Industries attracting investment in Nam Trang Cat Industrial Park – Hai Phong

The Industrial Park primarily attracts light industries that are environmentally friendly, such as:

• Chemical industry
• Petroleum industry
• Heavy industry
• Light industry

V. Investment cost at Nam Trang Cat Industrial Park – Hai Phong

• Rental Price with Infrastructure: 100 USD/m2
• Electricity Price: Peak hours – 0,1 USD/kWh, Normal hours – 0,05 USD/kWh, Off-peak hours – 0,03 USD/kWh
• Water Price: 0,6 USD/m3.
• Labor Cost: Reference price ranges from 200 to 500 USD/person/month, depending on the job position
• Management Fee: 0,5 USD/m2/year
• Wastewater Treatment Fee: 0,4 USD/m3.

VI. Investment incentives in Nam Trang Cat Industrial Park – Hai Phong

Corporate Income Tax

Cooperatives and newly established businesses from investment projects enjoy a corporate income tax rate of 10% for 15 years, starting from the commencement of production and business activities. They are exempt from corporate income tax for 4 years from the taxable income and enjoy a 50% reduction in tax payable for the following 9 years.

The Ministry of Finance shall decide and submit to the Prime Minister for approval, when necessary, projects in the special investment preferential sectors that have significant economic and social impact and require higher encouragement for higher incentives.

Personal Income Tax

Individuals working in the Economic Zone, both Vietnamese and foreign, are eligible for a 50% reduction in personal income tax on their taxable income.

Export Tax, Import Tax

The following cases are not subject to export tax or import tax:

• Goods are exported from the duty-free zone to foreign countries.
• Goods are imported into the duty-free zone and used exclusively within the duty-free zone.
• Goods transferred from one duty-free zone to another.

Value Added Tax

• Goods and services traded between foreign countries and duty-free zones and between duty-free zones are not subject to value-added tax.
• Goods and services sold or supplied within the duty-free zone are subject to a 0% value-added tax rate.

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