Hoa Phu Industrial Zone - Vĩnh Long Province

I. LEGAL INFORMATION AND LOCATION OF HOA PHU INDUSTRIAL PARK VINH LONG

Hoa Phu Industrial Park Vĩnh Long was formerly Bac My Thuan Industrial Park (established under Decision 1126/QD-CP dated December 18, 1998) with the initial planning location in Long Ngai commune and the initial planning area of 73 ha. On August 8, 2002, the Prime Minister approved the adjustment to replace Bac My Thuan Industrial Park with a new industrial park named Hoa Phu Industrial Park with a planned size of 250 ha and adjusted the planning location of the Industrial Park to Hoa Phu commune, Long Ho district.
Hoa Phu Industrial Park - Vĩnh Long was approved for investment in 2004 with a phase 1 area of 137.1 ha, which was later adjusted down to 121.59 ha during implementation (of which the area of industrial land for lease is 94.8 ha), with a total investment of 103 billion VND, invested by the state budget and completed construction and put into operation from 2006. On September 29, 2009, in Official Dispatch No. 1816/TTg-KTN, the Prime Minister approved the expansion of Hoa Phu Industrial Park (phase 2) with an area of 130 ha, and at the same time added Hoa Phu Industrial Park Vĩnh Long province to the planning of industrial parks in Vietnam.

On August 14, 2007, the Hoa Phu Industrial Park Project - Phase II was assigned by the People's Committee of Vĩnh Long province to Hoa Phu Joint Stock Company to invest in construction and business of infrastructure. On August 31, 2007, Hoa Phu Industrial Park phase II was approved by the People's Committee of Vĩnh Long province for detailed planning. construction ratio of 1/2000 in Decision No. 1752/QD-UB with a total approved planning area of 137.16 ha (including 129.91 ha of industrial park land and 7.25 ha of land outside the industrial park), then the area of industrial park land was adjusted down to 129.38 ha (of which the area of industrial land for lease is 94.95 ha). The Hoa Phu Industrial Park phase II project officially went into operation in 2010 with an operating term of 50 years (2010-2060). The total area of phase I and phase II after being put into operation is 250.97 ha. According to the planning of Vĩnh Long province for the period 2021-2030 approved by the Prime Minister, Hoa Phu Industrial Park is expected to be planned for phase 3 expansion with a planned area of 157 ha.

(Main gate of Hoa Phu Industrial Park)

In terms of nature, Hoa Phu Industrial Park is a multi-sectoral centralized industrial park, attracting investment projects in the fields of consumer goods - household appliances; Electricity, electronics, refrigeration; Handicrafts; Textiles; Food processing; Pharmaceutical production; Packaging; Mechanical processing; Logistics warehouse area and other less polluting industries...
In terms of regional connectivity, the industrial park is located adjacent to National Highway 1A and:
- 8 km from the center of Vĩnh Long city
- 32 km from the center of Can Tho city; 130 km from Ho Chi Minh City center
- 34 km from Cai Cui port; 38 km from Can Tho International Airport
- 135 km from Tan Son Nhat Airport; 140 km from Cat Lai port

II. HOA PHU INDUSTRIAL PARK VINH LONG INFRASTRUCTURE SYSTEM

Internal traffic system: traffic routes in Hoa Phu Industrial Park are arranged in a checkerboard pattern, the road width of the main axis is 15m and the branch roads are 8m, all are arranged with sidewalks on both sides with a width of 6-8.5m with trees and lighting systems on both sides of the road.

Power supply system: the power supply at Hoa Phu Industrial Park is guaranteed to be supplied by Vĩnh Long Electricity Company from the national grid through 22kV lines running above ground to each plot of land in the industrial park.

Water supply system: is supplied by Vĩnh Long Water Supply Joint Stock Company from Hoa Phu water supply station with a capacity of 15,000 m3/day and night, ensuring for factories operating in the Industrial Park

Wastewater treatment system: the industrial park's centralized wastewater treatment plant has a total treatment capacity of 6,900 m3/day and night, of which the capacity of phase 1 and phase 2 is 2,900 m3/day and night and 4,000 m3/day and night respectively, which was invested and completed in 2009. Wastewater after treatment will meet column A standards before being discharged into the environment.
Other infrastructure utilities: Greenery system, lighting system, telecommunications system, fire protection system, rainwater drainage system, solid waste collection and treatment system...

(Infrastructure images of Hoa Phu Industrial Park - Vĩnh Long Province)

III. LAND LEASE COST OF HOA PHU INDUSTRIAL PARK VINH LONG

Land and infrastructure rental price: 160 USD/m2/entire remaining lease term. The rental unit price may vary depending on the location and area of land leased.

Infrastructure management and maintenance fee: 0.2 USD/m2/year, calculated on the area of land leased.

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

Water price: 10,000 VND/m3, the unit price may change according to the decision of the People's Committee of Vĩnh Long province at each time.

Wastewater treatment fee: 4,000 VND - 5,000 VND/m3, depending on the quality of the input wastewater

Note: The above unit prices do not include VAT and are subject to change without prior notice

Investment incentives at Hoa Phu Industrial Park Vĩnh Long

Regarding corporate income tax: 100% exemption from corporate income tax for the first 02 years and a 50% reduction in tax payable for the next 04 years.

Regarding import tax: exemption from import tax on goods and machinery on the list of tax incentives imported to create fixed assets for the enterprise.

IV. CURRENT STATUS OF INVESTMENT ATTRACTION IN HOA PHU INDUSTRIAL PARK

Hoa Phu Industrial Park phase I was invested by the state budget, right from the construction process, many investors registered to lease land to implement the project and was 100% filled before completing infrastructure construction (year 2008). For phase II invested by Hoa Phu Joint Stock Company, the infrastructure has now been completed and leased to fill over 80% of the industrial land area. The total of two phases of the project has attracted 35 investment projects
Typical projects operating in Hoa Phu Industrial Park include the garment project of Ty Xuan Co., Ltd. (China); The instant noodle production project of ACECOOK Vietnam Joint Stock Company Vĩnh Long branch (Japan); Project to produce products from wood, bamboo and rattan of Vietnam Housewares INTL Joint Stock Company; Animal feed production project of Hai Dai Vĩnh Long Co., Ltd. and a series of other projects from the Netherlands, Korea, Japan and China.

(Images of some projects operating in Hoa Phu Industrial Park - Vĩnh Long)

For all land lease needs at Hoa Phu Industrial Park Vĩnh Long province, please contact KLAND according to the contact information below!

VIEW MORE FULL INFORMATION DETAIL