HOANG MAI 1 INDUSTRIAL PARK

Province

Nghe An

Occupancy Rate

95%

Area

264.77 hectares

Lease Price

40 USD/m2

Hoang Mai 1 Industrial Park – Nghe An, located in the Southeast Economic Zone of Nghe An province, is a multi-industry industrial park, developing both industrial and handicraft sectors. Located right on National Highway 1A – the main traffic axis connecting the North – South, the project has a strategic location in the region.

Invested by Hoang Thinh Phat Joint Stock Company, the industrial park is being developed with synchronous infrastructure and a clear development orientation, thereby becoming a destination attracting the attention of many large domestic and foreign investors.

Hoang Mai 1 Industrial Park – Nghe An

Details

Industrial park name

Hoang Mai 1 Industrial Park – Nghe An

Location

Hoang Mai Town – Quynh Luu District – Nghe An Province

Total area

264.77 hectares

Land rental price

40 USD/m2

Construction density

60%

Occupancy rate

95%

Infrastructure information

Electrical system

2x63MVA

Water system

80,000m3/day and night

Sewage system

15,000m3/day and night

Transportation system

The central road in the Industrial Park is 36 meters wide. The main roads in the Industrial Park are 22.25 meters wide. All internal roads are designed and constructed in strict compliance with national regulations, and are finished with Asphalt concrete. Internal roads are also equipped with a complete and aesthetic high-pressure lighting system.

1. Project overview and legal information

Hoang Mai 1 Industrial Park – Nghe An was approved by the Prime Minister in Decision No. 276/QD-TTg dated February 26, 2021. Then, in March 2021, Nghe An Provincial People’s Committee issued Decision No. 923/QD-UBND adjusting the overall planning of the industrial park, reducing the scale from 289.67 hectares to 264.77 hectares.

Of the total planning area, the land reserved for industrial construction accounts for about 68.34%, equivalent to 180.95 hectares. The project investor is Hoang Thinh Dat Joint Stock Company, with a land use term of 50 years from the date of licensing.

Overview:

  • Name of industrial park: Hoang Mai 1 Industrial Park – Nghe An
  • Chinese name: 黄梅1工业区
  • Total area: 264.77 ha
  • Occupancy rate: 95%
  • Land use term: Until 2071
  • Location: Hoang Mai Town, Quynh Luu District, Nghe An Province
  • Investor: Hoang Thinh Dat Joint Stock Company
  • Total investment capital: 740 billion VND

Project overview and legal information of Hoang Mai 1 Industrial Park

2. Costs and incentives for renting land in Hoang Mai Industrial Park

With the advantage of being a relatively large industrial park, it is a key industrial park of Nghe An province. Hoang Mai Industrial Park project is sought by many investors, especially information on land rental costs, labor costs, tax policies and other expenses.

  • Land rental price: Please contact AVA
  • Electricity selling price: according to state regulations and paid directly to the electricity company
    • Normal hours: 0.08 USD/kWh
    • Off-peak hours: 0.05 USD/kWh
    • Peak hours: 0.13 USD/kWh
  • Management fee: 0.05 USD/m2/month
  • Clean water supply price: Updating
  • Wastewater treatment fee: Updating

Costs and incentives for land rental in Hoang Mai Industrial Park

3. Traffic connection of Hoang Mai industrial park

Hoang Mai Industrial Park is located along National Highway 1A, only 3km from Hanoi – Vinh Expressway, and close to seaports. Therefore, the transportation and delivery of goods is fast, cost-saving, and optimizes production and business activities.

  • Distance from Vinh City Center: 60km (1 hour)
  • Distance from Hanoi City Center: 200km (3 hours 20 minutes)
  • Distance to Vinh City Airport: 60km (1 hour)
  • Distance to Dong Hoi Port: 8km (10 minutes)
  • Distance to Nghi Son Port – Thanh Hoa: 12km (15 minutes)
  • Distance to Cua Lo Port: 75km (1 hour 10 minutes)

Hoang Mai Industrial Park – Nghe An has convenient transportation, full medical, educational, and banking services, meeting the production and business needs as well as the daily life of the entire area.

Traffic connection of Hoang Mai industrial park

4. Infrastructure system

Hoang Mai 1 Industrial Park is one of the key industrial parks in the development planning of the Nam Thanh – Bac Nghe region, which has been approved by the Prime Minister. With the advantage of being on the list of priority industrial parks for investment, the project focuses on developing synchronous and modern technical infrastructure, ensuring to fully meet the production and operation needs of enterprises.

Technical infrastructure at Hoang Mai 1 Industrial Park includes:

  • Power system:
    The industrial park is supplied with stable electricity from a 2x63MVA transformer station, ensuring a continuous and safe power source for all activities in the area.
  • Water supply system:
    Water is exploited from Vuc Mau lake, treated at the internal water plant with a capacity of 5,000 to 20,000 m³/day and night. After being treated to standards, the water is stored in an intermediate tank and supplied to each factory through a booster pump system.
  • Wastewater treatment system:
    Wastewater from enterprises after preliminary treatment is led to the centralized treatment area of ​​the industrial park with a capacity of 3,200 to 9,000 m³/day and night. The treated wastewater meets the prescribed discharge standards, ensuring environmental safety.
  • Internal traffic:
    The traffic network in the area is reasonably designed, ensuring convenient traffic.
    • The central road axis is 40m wide
    • The main roads are 22.25m wide
      The entire system is equipped with modern lighting, serving 24/7 traffic.
  • Postal and telecommunications system:
    There is a post office in Hoang Mai town and many private postal transfer points, supporting the needs of mail and delivery. Telecommunication infrastructure is ready to meet high-speed Internet services and international communications.
  • Seaport connection:
    The industrial park is only about 8 km from Dong Hoi port, convenient for transporting raw materials and import-export goods.
  • Fire prevention and fighting (PCCC):
    Warning systems and fire prevention and fighting equipment are invested synchronously, ensuring strict compliance with fire prevention and fighting safety standards.
  • Communication:
    Underground telecommunication cable systems are installed throughout the industrial park, ensuring stable, smooth and safe transmission lines for all internal and external communication activities.

Hoang Mai Industrial Park Infrastructure System

5. Orientation of Hoang Mai Industrial Park

Hoang Mai – Nghe An Industrial Park is planned according to a multi-industry model, with priority given to attracting high-tech and environmentally friendly projects. As one of the strategic industrial parks in the North Central region, the project not only opens up opportunities to optimize profits for investors but also contributes to promoting local economic growth, creating thousands of new jobs and improving the quality of life for people in the area.

5.1. Attractive investment industries

The industries attracting investment in Hoang Mai Industrial Park are very diverse, producing in the fields of electronics, chemicals, pharmaceuticals, light industry, etc.

  • Mechanical assembly industry, manufacturing electrical and electronic equipment
  • Chemical production industry
  • Wood and forest products processing industry
  • Pharmaceutical and medicinal materials production industry.
  • Agricultural, forestry and mineral processing industry
  • Footwear manufacturing industry.
  • Light industries and supporting industries.

Orientation of Hoang Mai Industrial Park

5.2. Why choose Hoang Mai Industrial Park?

Thanks to effective investment attraction policies, modern technical infrastructure, and abundant, hard-working and flexible labor resources, Hoang Mai Industrial Park as well as Nghe An province are becoming an ideal destination for investors in many production and business fields.

Outstanding advantages include:

  • Complete technical infrastructure:
    Hoang Mai Industrial Park is systematically planned with a synchronous and modern infrastructure system, ensuring comprehensive response to the requirements of production operations, logistics and long-term development of enterprises.
  • Abundant and quality human resources:
    Located in Quynh Luu district and adjacent to Thanh Hoa province – an area with high population density and a tradition of hard work, the industrial park is capable of supplying a large number of trained unskilled and technical workers for investors.
  • Attractive investment incentives:
    With Nghe An province’s strong reform policy, investors are supported with preferential policies on corporate income tax, legal procedures for construction and production, as well as other support policies, creating favorable conditions for quick and effective project implementation.
  • Opportunities for expanding cooperation and trade:
    Located in a strategic location in the North Central region – connecting the North and the South, Hoang Mai Industrial Park creates conditions for businesses to expand their supply chains, regional links and develop domestic and international cooperation.

The favorable geographical location makes it easy to connect with major economic centers such as Hanoi, Hai Phong as well as the international seaport and airport system, creating ideal conditions for logistics and import-export activities.

The technical infrastructure system is invested synchronously and modernly, fully meeting essential needs such as electricity, water, traffic, telecommunications – ensuring stable and effective business operations.

The Nam Dinh provincial government is committed to accompanying investors with attractive incentive policies and flexible support mechanisms, from taxes to administrative procedures, helping businesses optimize costs and time.

Clean land with complete legal documents ready for immediate handover is one of the major competitive advantages, helping investors shorten project implementation time.

A friendly investment environment, enthusiastic government support, and quick procedures – all create a transparent, stable and trustworthy investment ecosystem for both domestic and foreign investors.

5.3 AVA Assessment

  • Attractive tax incentives:
    Hoang Mai Industrial Park applies strong investment support policies, specifically: 100% exemption of corporate income tax for the first 4 years, and 50% tax reduction for the next 9 years, creating favorable conditions for businesses to optimize financial efficiency in the investment phase.
  • Abundant and easy-to-recruit labor source:
    Nghe An is a province with a large population, with a high proportion of people of working age. Thanks to that, businesses in the industrial park can access unskilled and technical labor quickly and stably.
  • Geographic location is still limited in logistics:
    Despite possessing many intra-regional advantages, the distance from the industrial park to major seaports and airports is still quite far, which can have a certain impact on flexibility in the supply chain, especially for import-export industries.

6. AVA leading consulting unit

With many years of experience in the field of industrial real estate, AVA has affirmed its position as a professional and trustworthy consulting unit, always accompanying customers with dedication and efficiency.

AVA commits to:

  • Deep understanding of the market – consulting according to needs:
    With solid professional knowledge and practical experience, AVA confidently offers the most suitable investment solutions, meeting the needs and orientation of each customer.
  • Supporting quick procedures – optimizing costs:
    AVA accompanies customers in every step from finding locations, negotiating to completing legal documents, with economical and effective implementation plans.
  • Professional “One-Stop Service” process:
    With a closed, meticulous and clear working process, AVA always strives to bring a complete experience, satisfying even the most demanding investors.