Nam Cấm - Nghệ An Industrial Park

OVERVIEW OF NAM CAM INDUSTRIAL PARK – NGHE AN

Nam Cấm Industrial Park is located in Nghi Lộc district, a location with favorable infrastructure and convenient transportation. It is 18 km north of Vinh city; 012m from Vinh airport; located on both sides of National Highway 1A, with the North-South railway line running through, provincial road Nam Cấm connecting National Highway 1A with Cua Lo seaport.

LOCATION

Located on both sides of National Highway 1A, with the North-South railway line running through, provincial road Nam Cấm connecting National Highway 1A with Cua Lo seaport

- Distance to the nearest major city: 18 km north of Vinh City

- Distance to the nearest airport: 12 km from Vinh Airport

- Distance to the nearest railway station: 17 km from Vinh station and 2 km from Quan Hanh station

- Distance to the nearest seaport: 8 km from Cua Lo seaport

INFRASTRUCTURE

- Transportation system

The internal transportation system has a right-of-way from 22.25m - 43.0m connected to the external transportation network such as National Highway 1A; road Nam Cấm – Cua Lo; North – South railway

- Electricity

The total electricity capacity of the IP is 21.5 MVA. The immediate power source is temporarily supplied from the 110/35/22 KV Cua Lo station. It is expected to invest in building a 110/35/22 KV transformer station (2x40 MVA)

- Water

The water source is taken from Vinh City Water Plant to the IP through a Φ500 pipeline, using a pumping station of class II with a capacity of Q = 17,500 m3/day and night into the IP pipeline network.

- Wastewater treatment

Wastewater is treated locally in each factory and enterprise (reaching level C-TCVN 5945-195), then through separate pipes to the common treatment area of the IP with a capacity of 2x2,000m3/day and night, the treated water meets environmental standards (level B - TCVN 5945-195) and is pumped to the regulating lake and then flows through each basin to the Cam River

- Communication

There is a system of fiber optic cables and wired lines running through; the national microwave tower is 3 km from the industrial park. Nam Cấm Post Office is right next to the industrial park

- Other information

Providing services on: accommodation, health care, commerce, schools...

AREA & CURRENT STATUS

- Total planned area: 327.83 (ha)

- Area available for lease: 79 (ha)

- Compensation for site clearance and infrastructure construction: Nghệ An Industrial Park Development Company is responsible for compensation, site clearance, mine and explosive ordnance clearance, leveling and infrastructure completion

- Minimum leasable area: 0 (m2)

INVESTMENT INCENTIVES

- Corporate income tax (Decree No. 218/2013/ND-CP): Corporate income tax exemption for 02 years and a 50% reduction of tax payable in the next 04 years when investors invest in the industrial park

- VAT Exemption: For enterprises granted investment certificates as export processing enterprises EPE.

INVESTMENT COSTS

- Land rent: USD/m2

- Normal hours: 814 VND/kWh peak hours: 1,648 VND/kWh

- Factory rent: 30 USD/m2

- Electricity price: Electricity price: According to EVN's price

- Water price: According to current regulations of the Provincial People's Committee

- Wastewater treatment fee: According to the regulations of the Provincial People's Committee and the Industrial Park Management Board

- Management fee: According to the regulations of the Provincial People's Committee and the Industrial Park Management Board.

Some businesses in the Industrial Park:

- OMYA Vietnam Mineral Co., Ltd

- Tien Phong Southern Young Plastic Co., Ltd

- PHIHIICO Forestry Product Processing and Trading Joint Stock Company

- Nhat Viet Nghệ An Logistics Joint Stock Company

Our services:

With many years of experience in advising on land law, and surveying, working with management boards of industrial parks, foreign investors in industrial parks, we provide a comprehensive service package for domestic and foreign investors in IPs nationwide including:

• Land and real estate law consulting

• Survey and visit services for factories and industrial park land

• Legal services for applying for business licenses and investment certificates in Vietnam

• Legal consulting services: Drafting, Negotiating, Signing contracts

• Notarization, authentication services, deposit support, bank loans.

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