Expanded Hoa Khanh Industrial Park

Over View

Total: 132.6 ha

Operation time: 2005 – 2055

Expanded Hoa Khanh Industrial Park was transmitted from Danang Industrial Park Infrustructure exploration and Development Company (DAIZICO) to Sai Gon – Da Nang Investment Corporation under Decision 1519/TTg-CN signed by the Government Minister on 6th October, 2005. This large and reputable IP in Da Nang locates in the architectural complex including industrial zones, urban areas, services areas, with total planning area of 132,6 hectares.

This is also a living area of many workers and an abundant labor resources for the companies investing here.

Expanded Hoa Khanh IP is contributing effectively into the Economic Model of Industrial Parks Development and attracting more and more investment projects, in which encouraging fields such as forest products, seafood, garments, construction materials, mechanical, packaging, plastic, etc.

Location

Lien Chieu District, Danang city

Distance to Tien Sa Seaport: 20 km
Distance to Danang International Airport: 10 km
Distance to City Centre: 10 km
Distance to Train Station: 15 km

Expanded Hoa Khanh IP locates on main highways that connect with internal market (such as Highland Provinces, Binh Dinh Province, Nha Trang City…), easily approach to neighbor countries: Laos, Thailand, Myanmar, etc.

Infrastructure of Expanded Hoa Khanh IP, Da Nang City, Vietnam

Internal transport system: The width of main roads with 6 lanes is 25 m and the belt roads is 12 m

Power System: Power is supplied from the national grid through 110/22KV transformer station with capacity of 80MVA.

Water supply system: The Water supply Station has capacity of 30,000 m3/day/night.

The diameter of water supply pipe is D100 mm to D500mm.

Drainage system: Rain-water drainage system and waste-water drainage system is constructed separately. The diameter of rain-water drainage pipe is D800 mm – D1250mm with the principle of automatic drainage.

Waste Water treatment system:

Waste water treatment Station with capacity is 5,000 m3/day. The diameter of waste-water drainage pipe is D300mm – D600mm.
Waste from factories in the IP shall be categorized immediately in every factory and be collected to the centered treatment area of Da Nang City.

Telecomunications: Modern communication system reachs international standard

Advantages:

Young and skilled workforce and a high population is advantages of Da Nang. The labour workforce has been trained from Universities, Colleges, High school and vocational secondary school. The labour workforce makes up 50% of total Da Nang city’s population. In addition, neighboring provinces (Quang Nam, Hue, Quang Ngai, etc.) also provide human resources for recruitment demand.

Strategic location and convenient traffic

Adequate and synchronous technical, service and social infrastructure

Available land for building factory

List of investors in Expanded Hoa Khanh IP – Da Nang City

Big investors are now present in Expanded Hoa Khanh IP, such as: TCIE Vietnam Co., Ltd (Manufacturing and Assembling Nissan Car); Daeryang Vietnam Co., Ltd; Liwayway Da Nang Food Industry Co., Ltd; Lafien Vina Co., Ltd; Seto Vietnam Co., Ltd, etc.

Business line for investors in Expanded Hoa Khanh – Industrial Park:

Consumer goods
Produce installing electric and high technology
Mechanic, steel and products made from steel
Agricutural processing and foodstuff
Produce construction materials
Warehouse for keeping goods
Textile

Policies to attract investment in Expanded Hoa Khanh Industrial Park

Taxation of corporate income tax rate is 20 %.

CIT incentive Tax: 10% for 15 years

Exemption for the first 4 years and 50% tax reduction for the next 9 years

Personal income Tax: 50% payable tax reduction

Exemption of VAT on goods which include imported raw marterials for producing, processing of exported goods according to the processing contracts signed with foreign Partners