Thăng Long II Industrial Park - Hưng Yên Province

I. LEGAL INFORMATION AND LOCATION OF THANG LONG II INDUSTRIAL PARK

Thăng Long II Industrial Park - Hưng Yên province was established on November 17, 2006 with an initial planned area of 219.6 ha. The project is invested by Thăng Long II Industrial Park Co., Ltd. (a joint venture between Sumitomo Corporation - Japan and Thang Long Industrial Park Co., Ltd.). The Thăng Long II industrial park project was built in the spirit of inheriting the success of Thang Long I Industrial Park (or North Thang Long Industrial Park) that Sumitomo Corporation implemented in Hanoi.
After 05 years of implementation, the Thăng Long II Industrial Park project has continued to achieve success. Therefore, in 2011, SUMITOMO Corporation continued to propose expanding the Thăng Long II industrial park phase 2. On April 27, 2011, in Official Dispatch No. 676/TTg-KTN, the Prime Minister agreed to approve the expansion of Thăng Long II industrial park with an area of 125.6 ha, bringing the total area of Thăng Long II Industrial Park for both phases to 345.2 ha and the total investment capital increased from 51 million USD to 108 million USD.

On December 25, 2020, the Prime Minister continued to approve the additional expansion of Thăng Long II Industrial Park (phase 3) into the industrial park development plan in Hưng Yên province in Official Dispatch No. 1837/TTg-CN, the expanded area is 180.5 ha. After that, the Project to invest in construction and business of infrastructure of the expanded Thăng Long II industrial park (phase 3) was approved for investment policy for Thăng Long II Industrial Park Co., Ltd. according to Decision No. 166/QD-TTg of the Prime Minister with a total investment of more than 2,263 billion VND (equivalent to 98 million USD). The project implementation site is located in Di Su, Phung Chi Kien wards and Hung Long, Xuan Duc communes, Mỹ Hào town, Hưng Yên province. The project has an operating term until the end of November 17, 2056.

Thus, after two expansion adjustments, currently Thăng Long II Industrial Park has a total project scale of 525.7 ha (of which the industrial land area for lease is 401.42 ha) with a total investment of more than 206 million USD, is one of the largest industrial parks in Hưng Yên province.

(Overall plan of Thăng Long II industrial park)

In terms of nature, Thăng Long II Industrial Park is currently a multi-sector industrial park, focusing on attracting industries that manufacture electronic products and precision mechanics; electromechanical, traffic machinery industries; Manufacturing products from rubber and auto parts; Light industry, industrial gases; Production of medicines, vaccines, biological products; Production of optical glass and other high-tech industries (excluding paper and cardboard recycling, paper and pulp production)
Regarding regional links, Thăng Long II Industrial Park is adjacent to National Highway 39A (connecting National Highways 5A and 5B), which is currently being upgraded and expanded, so the industrial park has extremely convenient traffic connections:
- 10 km from Hanoi - Hai Phong highway, only 1 km from old National Highway 5
- 34 km from the center of Hanoi city (45 minutes of travel), 30 km from the center of Hai Duong city
- 50 km from Noi Bai airport
- 97 km from Hai Phong port
- Located near other major industrial parks of Hưng Yên province such as Pho Noi, Yen My 1, Yen My 2 Industrial Parks

II. INFRASTRUCTURE SYSTEM OF THANG LONG 2 INDUSTRIAL PARK

Power supply system: The power source for production at Thăng Long II Industrial Park is supplied by two independent sources from Di Su Substation and Kim Dong Substation via two 110kV power lines. In the industrial park, the investor built 03 110kV/22kV substations with a capacity of 63 MVA each, the total capacity is 189 MVA (and continues to be upgraded to 216 MVA). The power source is connected to each land plot in the industrial park through an underground cable system, ready for connection according to investors' needs.

Water supply system: Thăng Long II Industrial Park has invested in building a treatment plant and supplying clean water in the industrial park with a total water supply capacity of 24,000 m3/day and night. Ensuring the ability to supply 110 m3/day and night of water for each hectare in the Industrial Park.

Wastewater treatment system: All production wastewater at Thăng Long II Industrial Park is collected and treated at the industrial park's centralized wastewater treatment plant with a maximum treatment capacity of 15,000 m3/day and night with the ability to treat all 05 pollution parameters including BOD, COD, SS, T-P, T-N, meeting Vietnamese standards before being discharged into the environment.

Internal traffic system: The main axis of the industrial park is built with a road surface width of 13 meters on each side, including 02 lanes and a flood prevention ditch system, median strip, sidewalks and spacious green trees on both sides; The branch roads in the industrial park are 10.2 m wide. The entire internal traffic system is distributed with reasonable cross-sections to ensure traffic flow in the Industrial Park is always smooth.

Fire protection system: Fire hydrants are reasonably arranged along the traffic routes in the industrial park along with staff and fire protection equipment, the monitoring system is always in a state of high readiness.
Other infrastructure utilities: Landscape green system; Factories, offices for rent; customs services, banking services inside the industrial park; Information and communication system, post office; Sports and entertainment facilities; The rainwater drainage system and flood prevention ditches are designed independently from the wastewater drainage system; Other support services from the investor such as recruitment, licensing, events...

(Infrastructure of Thăng Long II industrial park is synchronously and modernly invested)

III. LAND LEASE COSTS AND INVESTMENT INCENTIVES AT THANG LONG II INDUSTRIAL PARK

Infrastructure rental price: 140 USD/m2/the entire operating term of the project (until 2056). The infrastructure rental unit price may vary depending on the location and area of the land plot.

Infrastructure management and maintenance fee: 1 USD/m2/year

Annual land rent: applied according to the land price list of Hưng Yên province at each time

Electricity price: applied according to EVN's electricity price schedule

Water price: 12,300 VND/m3, the water supply unit price may vary from time to time

Wastewater treatment fee: applied depending on the quality of the incoming wastewater

Note: The above unit prices do not include VAT and may be changed without prior notice

Investment incentives at Thăng Long II Industrial Park: 100% exemption from corporate income tax for the first 02 years, 50% reduction of CIT for the next 04 years. The time of calculating incentives is applied from the first year the project generates taxable income or from the fourth year of generating revenue, whichever comes first.
In addition, investment projects with large investment capital or belonging to the high-tech investment group will be applied other tax incentive policies in accordance with the provisions of Vietnamese tax law.

IV. CURRENT STATUS OF INVESTMENT ATTRACTION AT THANG LONG II INDUSTRIAL PARK

Currently, Thăng Long II Industrial Park has completed the construction of infrastructure for phases 1 and 2 of the project. On January 10, 2023, the investor held the groundbreaking ceremony for phase 3 of the project with the participation of leaders of the Ministry of Planning and Investment, the Provincial Industrial Park Management Board and the Provincial People's Committee with the expected progress of putting infrastructure into operation for lease of phase 3 from the end of 2023 and the beginning of 2024. As of the second quarter of 2023, Thăng Long II Industrial Park has leased more than 268 hectares of land, reaching an occupancy rate of about 66.8%. With the advantage of attracting investment projects with Japanese investment capital, currently there are more than 104 investment projects operating in the industrial park with a total registered investment capital of more than 3.2 billion USD, most of which are projects with Japanese investors, typically including: Industrial machinery and equipment installation project of Kyocera Vietnam Co., Ltd.; Project to manufacture metal products of Seiko Vietnam Industrial Co., Ltd.; Project to manufacture household electrical appliances of Panasonic Appliances Vietnam Co., Ltd., Project to manufacture automobile parts of TANAKA Precision Vietnam Co., Ltd...

(Images of some projects operating in Thăng Long II industrial park)

For all land lease requirements at Thăng Long II Industrial Park, please contact KLAND using the contact information below!

VIEW MORE FULL INFORMATION DETAIL