I. Information about VSIP Lang Son Industrial Park:
Deputy Prime Minister Le Minh Khai signed Decision No. 501/QD-TTg on May 15, 2023, thereby approving the investment policy for the construction and operation of infrastructure in VSIP Lang Son Industrial Park in Lang Son province.
The People’s Committee of Lang Son Province has decided to rename Huu Lung Industrial Park to VSIP Lang Son Industrial Park in Decision No. 878/QD-UBND on June 8, 2023.
The Vietnam Singapore Industrial Park Joint Venture Company (VSIP) is investing in the project to construct and operate the infrastructure in VSIP Lang Son Industrial Park.
The total area of the industrial park is approximately 599.76 hectares, including:
Phase 1: Land area of 200 hectares.
Phase 2: Land area of 250 hectares.
Phase 3: Land area of 149.76 hectares.
The total investment capital for the project is 6,361,328,000,000 Vietnamese dong, equivalent to 274,668,739 US dollars. The investor’s capital contribution is 954,199,200,000 Vietnamese dong, equivalent to 41,200,311 US dollars.
The project will operate for 50 years starting from May 15, 2023.
Land use planning includes:
Factory and warehouse area (approximately 428 hectares).
Technical infrastructure area (approximately 10 hectares).
Administrative and service area (approximately 7 hectares).
Transportation area (over 86 hectares).
Greenery and water surface area (approximately 69 hectares).
Assessment of the industrial park:
The aim of the construction planning for VSIP Lang Son Industrial Park is to create a strategic land fund, utilizing the potential and locational advantages of the land to develop a concentrated industrial park with various industrial sectors.
It contributes to job creation for the labor force, increases the provincial budget revenue, ensures social equity and stability, develops the real estate market, and creates an investment-attractive and investment-promoting environment.
Map of VSIP Lang Son Industrial Park – TTTFIC Group
II. Geographical location:
VSIP Lang Son is located in Hoa Thang and Ho Son communes, Huu Lung district, Lang Son province.
Boundaries:
North: Adjacent to Na Vi hamlet and Dong Gia hamlet, Ho Son commune.
South: Adjacent to Suoi Ngang 1 hamlet, Hoa Thang commune.
East: Adjacent to the Hanoi – Lang Son railway.
West: Adjacent to the Bac Giang – Lang Son expressway.
III. Infrastructure of VSIP Lang Son Industrial Park :
Internal Transportation:
The road system includes 2 internal lanes and 2 main roads with 4 lanes each, ensuring access for large-sized vehicles.
Electricity System:
The electricity system is supplied from a 35KV power grid at the 110KV substation. Public lighting system:
The street lighting network is separately designed with a power supply system arranged along the traffic routes.
Water System:
The water system meets the demands for both domestic use and other production activities, providing sufficient supply for customers’ needs.
Wastewater and Rainwater Drainage System:
The rainwater drainage system flows naturally along the roads into the channels surrounding the industrial park.
The wastewater drainage system is arranged along the roads and converges at the Treatment Station of the Industrial Park.
Waste Treatment:
Service contracts with professional waste treatment units will be signed by the investor.
Wastewater Treatment:
The centralized waste treatment station will treat wastewater from factories within the industrial park, as well as domestic wastewater, before discharging it into the natural environment.
Communication System:
A modern, advanced network system following international standards is installed to provide telecommunication services, enabling communication both domestically and internationally.
VSIP Lang Son Industrial Park
IV. Investment-attracting industries in VSIP Lang Son Industrial Park:
Huu Lung Industrial Park is actively working towards becoming a multi-sector industrial park with a strong emphasis on developing clean industries. It prioritizes advanced technologies that have minimal environmental pollution.
V. The labor force:
The labor force in Huu Lung Industrial Park – Lang Son originates from surrounding areas and the province of Lang Son in general. The population of Lang Son province is approximately 200,108 people (as of 2019), with a labor force aged 15 and above accounting for about 63.44% of the total population.
A positive characteristic of the labor force in this area is the presence of a young population and trainable workers. Businesses within Huu Lung Industrial Park can train these workers to meet their needs.
Additionally, the local government and relevant agencies can implement programs and initiatives aimed at developing the workforce and providing training opportunities for labor in the area.
This creates favorable conditions for businesses in Huu Lung Industrial Park to have an adequate and suitable labor force to meet their production needs and goals.
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
