VSIP Hai Duong Industrial Park

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Information
Operating time: 2017 - 2067
Total Area: 150 Ha
Infrastructure investors: Vsip Hai Duong Co., Ltd
Price: 125 USD/m2
Building density: 60%
Occupancy: 100 %
Address: Luong Dien and Cam Dien communes, Cam Giang district, Hai Duong province, Viet Nam.

VSIP Hai Duong is the 6th project of the VSIP Group. Officially established in April 2015, VSIP Hai Duong has successfully converted and developed 150 hectares of agricultural land into industrial development land, with infrastructure and service quality meeting international standards. To date, VSIP Hai Duong has fully occupied 100% of Phase 1 and continues to roll out subsequent phases.

I. Overview of VSIP Hai Duong Industrial Park

Information about the industrial park

VSIP Hai Duong Industrial Park, also known as Cam Dien – Luong Dien Industrial Park, was approved for detailed planning at a 1/2000 scale by the People’s Committee of Hai Duong Province in November 2007. The planned area of the industrial park is 205,28 hectares, with 183,96 hectares designated for industrial land for lease.

Phuc Hung Company Limited established Cam Dien Luong Dien Industrial Park on June 9, 2008, according to Decision No. 1957/QD-UBND issued by the People’s Committee of Hai Duong Province. The project is set to last for 50 years.

After facing difficulties in implementation and experiencing delays due to challenges in compensation and land clearance work, Phuc Hung Company transferred the Cam Dien Luong Dien Industrial Park project to a new investor, VSIP Hai Duong Company Limited, in 2014. On April 20, 2015, VSIP Hai Duong Company Limited was officially granted an investment certificate for the development and infrastructure business of the industrial park. Since then, Cam Dien Luong Dien Industrial Park has been commonly referred to as VSIP Hai Duong Industrial Park. After the transfer, in October 2015, the park’s area was adjusted to 149,31 hectares, reducing it from 205,28 hectares (a reduction of 55,97 hectares in Phase 1).

VSIP Hai Duong Industrial Park has fully leased 100% of the industrial land area for lease in Phase 1, with notable projects including:

  • The elastic webbing production project by Best Pacific Vietnam Company Limited.
  • The production and processing of diamond-embedded grinding stone products project by EHWA Global Company.
  • The production of spare parts and auxiliary components for automotive engines project by A-Tech Automotive Vietnam Company.

Information about the investor

The project’s investor is Vsip Hai Duong Co., Ltd.
Address: Cam Dien Commune, Cam Giang District, Hai Duong Province, Vietnam.
Vsip Hai Duong Co., Ltd is a subsidiary of VSIP Group. The VSIP industrial park system currently operating in Vietnam is managed by a joint venture investment comprising companies under the Sembcorp Industries group (formerly known as Sembcorp Parks Holdings) – Singapore and Becamex IDC Corp – Vietnam.
Established in 1996, the VSIP Group has, to date, developed a chain of 13 industrial parks, townships, and services covering an area of over 10,362 hectares. Vietnam-Singapore industrial parks have been implemented in various provinces and cities such as Hai Phong, Hai Duong, Bac Ninh, Nghe An, Quang Ngai, Binh Dinh, and Can Tho.
VSIP provides manufacturing infrastructure to 882 customers from 30 countries and territories, with a total investment capital of 18 billion USD, creating employment for 288.300 domestic and foreign workers.

Welcome gate VSIP Hai Duong Industrial Park

Welcome gate VSIP Hai Duong Industrial Park – TTTFIC Group

II. Geographic location of VSIP Hai Duong Industrial Park

VSIP Hai Duong Industrial Park is located in Luong Dien and Cam Dien communes, Cam Giang district, Hai Duong province, Viet Nam.

Regarding transportation connectivity and regional linkages:

  • The industrial park is adjacent to National Highway 5, an important transportation route connecting northern provinces in the Red River Delta region.
  • It is approximately 66 km away from Hai Phong Port.
  • It is approximately 60 km away from Noi Bai International Airport.
  • It is approximately 43 km away from the center of Hanoi.

It can be seen that The Industrial Park is strategically located in the central area with convenient connectivity to important maritime and air transportation routes. It also benefits from easy access to major economic and political centers in the northern region.

III. Infrastructure of VSIP Hai Duong Industrial Park

Internal transportation

  • The central road axis within the industrial park is planned to have a width of up to 56m.
  • There are 4 to 6 lanes for vehicle traffic.
  • The main road within the industrial park has a width of 23m with 2 lanes.

Power system

  • The industrial park receives its power supply from the national grid system through 110KV and 22KV power lines.
  • Subsequently, it directs the power to the 63MVA internal transformer station and distributes it to each transformer station of the factories within the industrial park.

Water system

  • The industrial park has a built-in water supply system with a designed capacity of 12.000m3/day and night for clean water.

Wastewater and rainwater drainage system

  • The rainwater drainage system flows naturally along the road routes into channels arranged around the industrial park.
  • It then discharges into channels and rivers in the area.
  • The industrial park arranges the wastewater drainage system along the road routes and centralizes it at the treatment station.

Waste management

  • Solid waste from the factories within the industrial park is classified, collected, and transported to the centralized landfill of Hai Duong City.

Wastewater treatment

  • The industrial park has invested in building a wastewater treatment plant that meets the standards set by the Ministry of Natural Resources and Environment, with a capacity of 5.500 m3/day and night.

Communication system

  • The infrastructure includes 3.000 dedicated telephone lines, broadband ADSL, and fiber optic cables.
Wastewater treatment plant of VSIP Hai Duong Industrial Park

Wastewater treatment plant of VSIP Hai Duong Industrial Park – TTTFIC Group

IV. Industries attracting investment in VSIP Hai Duong Industrial Park

  • Electrical, electronic, high-tech, and clean technology industries.
  • Warehousing and logistics.
  • Precision mechanical engineering.
  • Electrical and refrigeration industries.
  • Medical equipment and healthcare supplies industry.
  • Pharmaceutical and beauty care products industry.
  • Food and beverage industry.
  • Packaging industry.
  • Supporting industries.
  • Automation.
  • Specialized materials and construction.
  • Software park.
  • High-end garment and footwear industry, textile industry.

V. Cost and Investment Incentives of VSIP Hai Duong Industrial Park

Costs

  • Infrastructure usage fee: 125 USD/m2 until the end of the lease term (The minimum leased area is 7.000m2).
  • Industrial park management and maintenance fee: 0,7 USD/m2/year.
  • Wastewater treatment fee: 0,45 USD/m3.
  • Electricity rate: As regulated by EVN (Vietnam Electricity). Reference price: 0,05/kWh.
  • Water rate: Applied by the pricing decision of the supplying entity. Reference price: 0,4 USD/m3.
  • Solid waste and wastewater treatment fees: as regulated by the People’s Committee of the province and the Industrial Park Management Board.

Please note that the prices mentioned above do not incorporate VAT and are subject to potential changes without prior notification.

Incentives

  • Investment incentives at The Industrial Park: 100% exemption from taxes for the first 2 years; 50% tax reduction for the following 4 years.
  • Additionally, the industrial park’s investors will assist the investors in obtaining investment licenses and business registration when leasing land to implement projects at The Industrial Park.

VI. Labor Source and Costs at VSIP Hai Duong Industrial Park

Labor source

  • The population of Hai Duong Province is approximately 2.460.000 people, with 70% of the population being of working age.
  • Hai Duong Vocational College, Vocational College No. 20 under the Ministry of Defense, and schools at all three levels (primary, secondary, and high school) are located near the industrial park.

Costs

  • The Industrial Park is located in Cam Giang District, which belongs to Zone III.
  • The present monthly minimum wage in Zone III stands at 3.430.000 VND.
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.
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  • Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
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  • 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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TTTFIC Group 

Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.

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