HOA PHU INDUSTRIAL PARK
Province
Bac Ninh
Occupancy rate
70%
Area
291.45 hectares
Lease Price
155 - 160 USD/m2
Located in a strategic location, Hoa Phu Industrial Park is considered one of the key industrial parks of Bac Ninh (formely known as Bac Giang province). With a synchronous and modern technical infrastructure system, this industrial park has attracted many large-scale projects, creating a solid foundation for development into an important industrial center of the region in the future.
Hoa Phu Industrial Park – Bac Ninh
Details
Name of industrial park | Hoa Phu Industrial Park – Bac Giang |
Location | Chau Minh, Mai Dinh and Huong Lam communes, Hiep Hoa district, Bac Giang province |
Total area | 291.45 hectares |
Land rental price | 155 – 160 USD/m2 |
Construction density | 70% |
Occupancy rate | 70% |
Infrastructure information
Electrical system | 110/22kV |
Water system | 12,000m3/day and night |
Sewage system | 8,600m3/day and night |
Transportation system | Main road: 24m (2 lanes) Secondary road: 15m |
1. Project overview and legal information
Hoa Phu Industrial Park is also known as Chau Minh Industrial Park with a total area of 400 hectares (Divided into 2 phases). On August 30, 2016, the Prime Minister issued Official Dispatch No. 1530/TTg-KTN on changing the name of Chau Minh Industrial Park to Hoa Phu Industrial Park.
Hoa Phu Industrial Park was established under Decision 1437/QD-UBND dated September 9, 2016 on an area of about 400 hectares (Divided into 2 phases: Phase I: 207 hectares; Phase II: 200 hectares), the total investment for the project is 1,933 billion VND.
- Industrial Park Name: Hoa Phu Industrial Park
- Chinese Name of Hoa Phu Industrial Park: 和富工业区
- Area: 292ha (As of now)
- Phase 1: 207ha
- Phase 2: 82ha, Handover in the second quarter of 2025
- Occupancy rate: 55% (Phase 1: 100%)
- Land use term: 2066
- Industrial park location: Chau Minh, Mai Dinh and Huong Lam communes, Hiep Hoa district, Bac Giang province
- Investor: Phu My Group Joint Stock Company (Hanoi)
- Total investment capital: Over 1,933 billion VND
Project overview and legal information of Hoa Phu Industrial Park project
2. Land rental costs in Hoa Phu Industrial Park
Hoa Phu Industrial Park, with its prime location and modern facilities, attracts many businesses looking for ideal production and business space. VNIC provides land rental costs at the Industrial Park.
- Infrastructure usage fee: $155 – $160/m2 (This fee does not include VAT and may vary depending on the location and area of the land plot)
- Infrastructure management and maintenance fee: VND 11,750/m2/year (excluding VAT)
- Annual land rental fee: According to the decision of Bac Giang Provincial People’s Committee
- Clean water supply price: VND 11,000/m3
- Electricity supply price: According to the state price frame (from VND 1,007 – VND 2,871/kWh)
- Wastewater treatment fee: VND 9,900/m3 (Wastewater volume is calculated by 80% of water supply volume)
*Note: The above unit prices may be changed without prior notice
Investment incentives at Hoa Phu Industrial Park for investors are as follows
- Corporate income tax: Enterprises are exempted from 100% of corporate income tax in the first 02 years, reduced by 50% tax for the next 04 years.
- Import tax: Exemption from import tax for goods imported to create fixed assets for the project.
Land rental cost in Hoa Phu Industrial Park
3. Traffic connection of Hoa Phu Industrial Park
Hoa Phu Industrial Park attracts businesses not only by its strategic location but also by its efficient transportation system, which helps optimize transportation and connection with key economic points in the region.
- Distance to Bac Giang City: 35km (45 minutes)
- Distance to Hanoi: 45km (55 minutes)
- Distance to Noi Bai Airport: 30km (35 minutes)
- Distance to Hai Phong Port: 150km (2 hours 30 minutes)
- Distance to Huu Nghi Quan Border Gate: 130km (2 hours 5 minutes)
Traffic connection of Hoa Phu Industrial Park
4. Infrastructure System of Hoa Phu Industrial Park
The infrastructure system of Hoa Phu Industrial Park is invested synchronously and modernly, meeting the production and business needs of enterprises. Infrastructure includes:
- Power supply system: 110/22kV line is arranged around the fence of the area
- Water supply system: Capacity 12,000m3/day and night
- Wastewater treatment system: Capacity 8,600m3/day and night
- Traffic system: 24m main road with 2 lanes convenient for
- Information and mail system: Hiep Hoa – GD (Vietnam Post), Hiep Hoa level 2 post office (Vietnam Post), Bach Nhan commune post office, Huong Lam commune post office
- Fire prevention and fighting: Installed according to Vietnam fire prevention and fighting standards (TCVN).
- Telecommunications/Internet services: Hoa Phu Industrial Park is equipped with a complete telecommunications network, including services such as: landline phones, mobile phones, internet, cable TV, etc…
- Communication system: Provided by 3 main network operators: Viettel, VNPT, FPT.
Infrastructure System of Hoa Phu Industrial Park
5. Orientation of the Industrial Park
Hoa Phu Industrial Park aims to become a model industrial park, focusing on attracting and developing high-tech, environmentally friendly industries. With a modern, synchronous technical infrastructure system and complete support services, Hoa Phu aims to fully meet the production and business needs of enterprises, while contributing to the sustainable development of the region.
5.1. Industries attracting investment in Hoa Phu Industrial Park
As a new industrial park with a lot of room for development, Hoa Phu Industrial Park has great potential in attracting a variety of investment sectors. Some of the sectors that are being strongly developed here include:
- High technology and information technology: Sectors related to software, digital technology, automation and artificial intelligence promise to attract attention thanks to increasing demand and strong digital transformation trends.
- Industrial production and processing: The industrial park is suitable for sectors such as the production of electronic components, household appliances, auto parts, garments and consumer goods – sectors with the potential for stable development and creating many jobs.
- Energy and environmental industry: Projects in the fields of renewable energy (solar power, wind power) and environmental treatment (wastewater, solid waste) are encouraged to develop towards a green and sustainable industrial park model.
- Research and innovation: Hoa Phu is also an ideal choice for R&D centers, where businesses can conduct research, test and commercialize new technologies and products.
- Logistics and transportation services: With its geographical advantage, the industrial park creates favorable conditions for the development of logistics, warehousing and transportation services, serving domestic and international supply chains.
Industries attracting investment in Hoa Phu Industrial Park
5.2. Why choose Hoa Phu Industrial Park?
- Favorable strategic location: Hoa Phu Industrial Park is located in a prime location, near key economic centers, seaports and major border gates, bringing great advantages in connecting traffic, transporting goods and expanding trade activities.
- Complete infrastructure: Hoa Phu is invested in a synchronous and modern infrastructure system, including internal and external traffic, electricity, water supply and drainage, telecommunications and supporting utilities, ensuring favorable conditions for production and business activities of enterprises.
- Attractive incentive policies: Enterprises investing in industrial parks can enjoy support policies such as tax incentives, financial support, human resource training and many other support programs from local authorities and industrial park management boards, contributing to optimizing costs and improving competitiveness.
- Safe and transparent investment environment: Hoa Phu commits to providing a stable investment environment with a clear legal system, simple administrative procedures and guaranteed security, creating solid confidence for investors.
- Strong development potential: With a long-term development orientation, Hoa Phu Industrial Park is constantly expanding its scale, upgrading its infrastructure and building a sustainable business ecosystem, opening up many development opportunities for domestic and foreign investors.
05 Things that make Hoa Phu Industrial Park – Bac Giang an ideal investment location for investors
5.3. AVA's Assessment
- Hoa Phu Industrial Park possesses great economic potential, not only thanks to its prime location near key financial and economic centers, but also thanks to the abundant labor force in the locality and neighboring areas – a key factor for manufacturing and supporting industries.
- The location on a major traffic axis with high traffic volume gives the industrial park a clear advantage in developing logistics activities, trading and connecting the supply chain effectively.
Hoa Phu Industrial Park is considered a potential investment destination, attracting the attention of many domestic and foreign enterprises. Possessing a favorable geographical location, modern and synchronous technical infrastructure, along with attractive investment incentive policies, Hoa Phu is gradually affirming its role as one of the key industrial parks, contributing to the economic development of the region.