Phu Quy Industrial Zone (WHA – Thanh Hoa) situated in Hang Hoa District, Thanh Hoa Province, is a prime destination for investment. Its strategic location and comprehensive infrastructure make it an attractive choice for businesses in various sectors. Let’s explore the key features of the Phu Quy Industrial Zone.
An overview perspective of Phu Quy Industrial Zone (WHA – Thanh Hoa) – TTTFIC Group
II. Geographical Location of Phu Quy Industrial Zone (WHA – Thanh Hoa):
Phu Quy Industrial Zone is strategically positioned in Hang Hoa District, Thanh Hoa Province.
It shares borders with Hoang Trinh and Hoang Kim Communes to the north, while to the south, it is adjacent to the upcoming Quy Xuyen transportation road and Phu Quy Industrial Cluster. The western boundary connects to the railway safety corridor and National Highway 1. To the east, it borders the agricultural lands of Hoang Son, Hoang Xuyen, and Hoang Cat Communes in Hoang Hoa District.
III. Distances to Key Locations:
Thanh Hoa City: Located just 20 km away, the industrial zone offers proximity to the provincial capital.
Hanoi: With a distance of 161 km, Phu Quy Industrial Zone provides easy access to the capital city.
Noi Bai International Airport: Situated 186 km away, the industrial zone enjoys convenient connectivity to the international airport.
Bim Son Station: The industrial zone is approximately 41 km from Bim Son Station, facilitating transportation and logistics.
Nghi Son Deep Water Port: Located 85 km away, the industrial zone benefits from the nearby deep-water port for efficient import and export activities.
IV. Scale and Planning of Phu Quy Industrial Zone (WHA – Thanh Hoa):
Phu Quy Industrial Zone spans over 733 hectares, encompassing different areas:
Phu Quy Industrial Zone covers nearly 547 hectares.
Phu Quy Industrial Cluster occupies around 75 hectares.
Resettlement land is allocated across approximately 10 hectares.
A project land area of 5 hectares has been approved by the Provincial People’s Committee as per Decision No. 3125 on August 5, 2020.
The remaining area, roughly 97 hectares, includes existing residential areas, transportation land, and other types of land.
V. Lease Term:
Investors can enjoy a long-term lease of 50 years within Phu Quy Industrial Zone, providing stability and security for their operations.
Phu Quy Industrial Zone (WHA – Thanh Hoa) – TTTFIC Group
VI. Investment Attraction Sectors:
Phu Quy Industrial Zone focuses on attracting industries aligned with clean manufacturing, high technology, and Industry 4.0. It welcomes investments in various sectors, including:
Textile and footwear manufacturing
Fruit and vegetable processing
Agricultural and seafood processing, in conjunction with agricultural development
Machinery and equipment repair
Handicraft production
VII. Advantages and Opportunities of Phu Quy Industrial Zone (WHA – Thanh Hoa):
Phu Quy Industrial Zone offers a range of advantages for businesses:
Strategic location: Its proximity to Thanh Hoa City, major transportation routes, and key infrastructure facilities facilitate efficient operations and logistics.
Comprehensive infrastructure: The industrial zone features a reliable power supply, high-speed internet connectivity, well-paved roads, ample parking, and advanced security systems.
Investment incentives: Investors can benefit from tax breaks, import/export duty exemptions, streamlined administrative procedures, and support for land acquisition.
Competitive investment costs: Phu Quy Industrial Zone provides affordable land lease rates and reasonable prices for utilities and services, ensuring a cost-effective investment environment.
Skilled labor force: Thanh Hoa Province offers a large pool of skilled and trainable workers at competitive labor costs, supported by vocational training programs.
Phu Quy Industrial Zone in Thanh Hoa Province is a promising investment destination. With its favorable location, extensive infrastructure, attractive investment incentives, and a diverse range of investment sectors, the industrial zone offers abundant opportunities for businesses to thrive and contribute to the economic development of the region.
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.
Industrial real estate in industrial zones, Vietnam
