I. Overview of Phu Ha Industrial Park – Phu Tho:
Phu Ha Industrial Park, located in Phu Tho Province, is a vibrant and strategically positioned industrial hub in Vietnam. Its prime location in the heart of the province offers an attractive destination for businesses seeking a favorable investment environment.
Phu Ha Industrial Park, developed by Viglacera Corporation, is a prominent industrial zone with a total area of 350 hectares and an investment capital exceeding 1,000 billion Vietnamese dong. The park encompasses two zones: the North Zone, which covers 230 hectares, and the South Zone, which spans 119 hectares. Currently, the progress of land clearance and compensation has reached 80% of the total area. Regarding the South Zone, 25 enterprises have been attracted to invest in production and business activities as the land clearance has been fully completed and the technical infrastructure system has been fully established.
The industrial park boasts excellent connectivity, being near major transportation arteries such as the Ho Chi Minh Road and the Noi Bai – Lao Cai Expressway. This advantage facilitates efficient movement of goods and services, enabling seamless access to Hanoi and neighboring regions. Additionally, the park’s strategic location near the IC9 interchange to the Hanoi – Lao Cai Expressway further enhances its accessibility.
Phu Ha Industrial Park provides a rich pool of skilled and trained labor, ensuring a steady workforce for businesses operating within its premises. Moreover, the park’s favorable labor costs contribute to its appeal to investors seeking cost-effective production and manufacturing solutions
The transportation of Phu Ha Industrial Park – Phu Tho – TTTFIC Group
II. Geographical location of Phu Ha Industrial Park – Phu Tho:
Phu Ha Industrial Park is located in the central area of Phu Tho Province, encompassing the communes of Phu Ho, Ha Loc, Ha Thach, Phu Tho Town, Phu Tho Province.
The industrial park’s proximity to two major arterial roads, namely Ho Chi Minh Road and the Noi Bai – Lao Cai Expressway, enables investors to conveniently connect and conduct trade between the industrial park and the center of Hanoi and surrounding areas, reducing travel time. The industrial park enjoys several advantages, including abundant and trained labor resources, low labor costs, and convenient transportation.
- It is located 3 km from the IC9 interchange to the Hanoi – Lao Cai Expressway.
- 3 km from Phu Tho Station.
- 72 km from Noi Bai International Airport.
- 31 km from Viet Tri Port, and 190 km from Hai Phong seaport.
- The industrial park is also 90 km away from the center of Hanoi.
The transportation of Phu Ha Industrial Park – Phu Tho – TTTFIC Group
III. Infrastructure of the Industrial Park:
- The internal transportation system is well-developed and arranged within the industrial park premises.
- The main roads in the industrial park are 78m wide, while the branch roads are 40m and 16.5m wide.
- Along the roads and wide sidewalks of 3-5m, technical corridors for electricity, water supply and drainage, information, and equipped with high-quality lighting systems and refreshing green trees are arranged.
- Electricity is supplied from the national power grid through a 110/22KV substation with a capacity of 63MVA.
- The power transmission lines are 22KV lines arranged along the factory’s perimeter fence.
Public lighting system:
The street lighting network is designed separately with a separate power supply system along the traffic axes.
Clean water is supplied with a capacity of 15,000 m3/day-night.
Rainwater and wastewater drainage system:
- The rainwater and wastewater drainage systems are constructed separately, with rainwater being collected through drainage systems and discharged into rivers within the area.
- The diameter of underground drainage pipes for rainwater ranges from D600mm to D1000mm, based on the principle of self-flow.
The specialized waste treatment companies will enter into service agreements with the investor.
- The wastewater treatment plant located in the industrial park has a capacity of 7,500 m3/day-night.
- The diameter of the wastewater drainage pipes ranges from D300mm to D900mm.
The telecommunications system meets international standards.
Management plan of Phu Ha Industrial Park – Phu Tho – TTTFIC Group
IV. Industries attracting investment in Phu Ha Industrial Park – Phu Tho:
Phu Ha Industrial Park primarily attracts industries including:
- Consumer goods manufacturing industry
- Food processing, pharmaceutical industry
- Electronic assembly industries
- Machinery manufacturing industry
- Automobile and motorcycle assembly industry
- Production of high-quality construction materials
- Warehousing and logistics centers, export waiting areas, bonded warehouses
- Various other industries.
V. Cost of land lease and support:
- Infrastructure usage fee: 80 USD/m2 until 2064. The infrastructure usage fee does not include VAT and may vary depending on the location and area of the leased land.
- Management and maintenance fee for infrastructure: 0.7 USD/m2/year (excluding VAT).
- Annual land rental fee: According to the decision of the People’s Committee of Phu Tho Province.
- Clean water supply price: 0.49 USD/m3.
- Electricity supply price: According to EVN’s electricity tariff (ranging from 0.043 USD to 0.12 USD/kWh).
- Wastewater treatment fee: 0.38 USD/m3.
An overview perspective of Phu Ha Industrial Park – Phu Tho – TTTFIC Group
VI. Advantages of investing in Industrial Park:
- Phu Ha Industrial Park is located in Phu Tho Town, Phu Tho Province, belonging to Zone III.
- The current minimum wage in Zone III is 3,430,000 VND per month.
The industrial park is strategically located near the Hanoi Highway and the Noi Bai – Lao Cai expressway, providing convenient transportation for the movement of goods, experts, and workers.
Viglacera is currently a leading industrial park developer with 11 industrial parks in Vietnam and 1 economic zone in Cuba.
Tax incentives for investment:
- Projects investing in industrial parks are subject to a 20% tax rate for 10 years, starting from January 1, 2016. After that, a reduced tax rate of 17% applies.
- Exemption from taxes for 2 years and a 50% reduction in the tax amount for the following 4 years.
- Projects belonging to the high-tech or supporting industries are eligible for a 4-year tax exemption and a 50% reduction in the tax amount for the subsequent 9 years.
- For projects that hold significant importance for the province’s socio-economic development, the Provincial People’s Committee decides on individual support levels after approval by the Standing Committee of the Provincial People’s Council.
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
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