Description
– Area: 491.9 ha
– Location: Dong Vang Industrial Park, Tan Truong, Phu Lam, and Tung Lam Communes, Nghi Son Township, Thanh Hoa Province.
– Developer: Anh Phat Investment Construction and Trading Corporation – Joint Stock Company.
– Operational Period: Until 2072.
Dong Vang Industrial Park is located within the Nghi Son Economic Zone (EZ), Thanh Hoa Province, established under Decision No. 362/QD-TTg issued by the Prime Minister on March 18, 2022. As a key project, Dong Vang IP plays a crucial role in infrastructure development and investment attraction in the western area of Nghi Son EZ.
Prime Location
Dong Vang IP is situated across Tan Truong, Phu Lam, and Tung Lam communes in Nghi Son Township, enjoying favorable trading location. This strategic location provides connections to Northern Laos, Northeastern Thailand, and Northwestern Vietnam, enhancing import-export capabilities and product distribution.
The modern transport system surrounding Dong Vang IP is key to helping enterprises optimize logistics costs:
– Road: Located on the North-South Expressway and near National Highway 1A (6 km), enabling rapid freight transport.
– Rail: Served by the North-South Railway line and located just 6 km from Khoa Truong Railway Station, supporting high-volume freight movement.
– Waterway: Situated 14 km from Nghi Son Deep-Water Port, a Class I national general port that plays a strategic role in international trade.
– Air: Situated 60 km from Tho Xuan Airport, servicing business travel and trade requirements.
Infrastructure
Dong Vang Industrial Park is comprehensively planned and built with a focus on green, clean, and sustainable development. As such, modern infrastructure and utilities have been heavily invested in:
– Power Supply System: 110/22kV substation delivering power to secondary investors' fence lines via distribution lines along 4 main internal roads. Total capacity reaches 7×63 MVA, ensuring stable and reliable power supply for manufacturing facilities.
– Water Supply System: Planned water supply capacity is 14,000 m³/day, expandable as the IP developer owns a water pipeline system along the Nghi Son – Bai Tranh axis with a capacity of 90,000 m³/day servicing IPs across Nghi Son EZ.
– Wastewater Treatment System: Industrial wastewater is collected and processed at a centralized wastewater treatment plant with a capacity of 9,600 m³/day.
– Internal Transport System: Designed to ensure smooth and convenient vehicle access to every plot.
Main primary road: Width 43/24m – 6 traffic lanes.
Secondary road: Width 27/14m – 4 traffic lanes.
– Lighting System: Installed along all primary internal roads.
– Telecommunications System: Advanced high-speed broadband network ensuring stable connectivity.
– Fire Protection System: Surface-mounted fire hydrants installed along water pipelines according to current standards to ensure rapid fire response.
– Stormwater Drainage System: Stormwater collection pipelines are installed along all internal IP roads.
– Solid Waste Management: Equipped with a dedicated waste transfer station.
– Security System: 24/7 professional security force operating on-site.
Target Investment Sectors
– Basic chemical manufacturing of various types
– Petrochemical-related industries
– Metal production, metallurgy, and mechanical engineering
– Manufacturing and assembly of electrical, electronic, and telecommunications equipment
– Paper, leather, and footwear manufacturing
– Textiles, garments, and dyeing
– Wood processing and manufacturing of wood, bamboo, and rattan products
– Light industry and supporting industries
– Other sectors in compliance with applicable laws.
Investment Incentives at Dong Vang IP
With a "red carpet" policy to attract investors, Dong Vang IP offers some of the highest investment incentives currently available in Vietnam:
– Exemption from land and water surface rent: Exempt during basic construction (up to a maximum of 03 years from the date of land/water lease decision); exempt for 11–15 years once operational (depending on the sector); and fully exempt for projects in special investment incentive sectors as specified by the Government.
– Corporate Income Tax (CIT) Incentives: For new investment projects, a preferential tax rate of 10% applies for 15 years, with full tax exemption for 04 years and a 50% tax reduction for the subsequent 09 years.
– Expansion Investments: Projects expanding production scale, upgrading technology, or increasing productivity can choose to receive tax incentives based on their active project for the remaining period (if applicable) or receive exemptions/reductions on the additional income generated by the expansion.
– Import Duty Exemption: Exempt from import duties on goods imported to form fixed assets, specialized transport vehicles within technological lines serving investment projects, and worker transport vehicles.
– Raw Material Import Tax Exemption: Exempt from import duties for 5 years from the start of production on raw materials, supplies, components, and semi-finished products that cannot yet be produced domestically or do not meet quality standards in Vietnam.