The Left Bank of Song Da Industrial Park, Hoa Binh Province, is planned and developed with the goal of attracting business investment and promoting local economic and industrial growth. Thanks to its synchronous and modern technical infrastructure and complete utility system, this industrial park provides a favorable, safe and efficient operating environment for investors. This is considered an ideal destination for businesses wishing to expand production, optimize costs and improve competitiveness in the market.
INDUSTRIAL PARK ON THE LEFT BANK OF THE DA RIVER
Province
Hoa Binh
Occupancy Rate
80%
Area
68 hectares
Lease Price
60 USD/m2
Industrial Park on the Left Bank of the Da River – Hoa Binh
Details
| Industrial Park Name | Industrial Park on the Left Bank of the Da River – Hoa Binh |
| Location | Huu Nghi Ward, Hoa Binh City, Hoa Binh Province |
| Total Area | 68 hectares |
| Land rental price | 60 USD/m2 |
| Construction Density | 70% |
| Occupancy Rate | 80% |
Infrastructure information
| Electrical System | 22KV |
| Water System | 6,000 m3/day and night |
| Sewage System | 1,200 m3/day and night |
| Traffic System | Wide road system with standard length and width |
1. Project Overview and Legal Information
The Bo Trai Song Da Industrial Park was approved by the People’s Committee of Hoa Binh province to be established under Decision No. 2470/QD-UBND dated December 9, 2009, within the planning for the development of industrial parks in Vietnam approved by the Prime Minister in Document No. 2350/TTg-KTN dated December 31, 2008, and the detailed planning at a scale of 1/500 was approved.
The project is invested by Da Hop Trading Joint Stock Company in technical infrastructure, with a total scale of 68.37 hectares, located in Huu Nghi ward, Hoa Binh city, Hoa Binh province. This is one of the key industrial parks of the province, contributing to promoting the socio-economic development of the region.
Overview:
- Name of industrial park: Bo Trai Song Da Industrial Park – Hoa Binh
- Chinese name: 松大左岸工业园
- Total area: 68.37 ha
- Occupancy rate: 80%
- Land use term: Until 2064
- Location: Huu Nghi Ward, Hoa Binh City, Hoa Binh Province
- Investor: Da Hop Trading Joint Stock Company
- Total investment capital: Updating
Project overview and legal information of the Left Bank of Song Da Industrial Park – Hoa Binh
2. Land rental costs and incentives at the Industrial Park on the Left Bank of the Da River
Investment costs and incentives at the Song Da River Left Industrial Park are flexibly designed to suit the needs of each enterprise, specifically as follows:
1. Basic investment costs:
- Land rental price: From 60 – 65 USD/m² for the entire project period (depending on the location of each plot of land).
- Management fee: 0.6 USD/m²/year.
- Electricity price: According to the price list of Vietnam Electricity Group (EVN).
- Peak hours: 0.1 USD/kWh
- Normal hours: 0.05 USD/kWh
- Off-peak hours: 0.03 USD/kWh
- Clean water price: 0.35 USD/m³
- Wastewater treatment fee: 0.22 USD/m³
Note: The above price does not include VAT and may be adjusted without prior notice.
2. Labor costs:
- Basic salary (Region III): VND 3,640,000/month
- Actual salary: VND 5,500,000 – VND 9,000,000/month
3. Attractive investment incentives:
- Corporate income tax (CIT):
- Regular projects: Preferential tax rate of 17% for 10 years, tax exemption for the first 2 years, 50% reduction for the next 4 years.
- Priority projects: Tax rate of 10% for 15 years, tax exemption for 4 years, 50% reduction for the next 5–9 years, or a tax rate of 10% can be applied for the entire project period (according to Decree 218/2013/ND-CP).
- Land rental incentives: Exemption from land rental for at least 7 years (according to Decree 46/2014/ND-CP), and flexible cost support policies to help businesses easily deploy and expand production.
- Human resource support policy: Businesses in the industrial park employing 10 or more local workers will receive vocational training funding from Hoa Binh province of about 1,000,000 VND/person, contributing to the long-term stability of human resources.
Land rental costs and incentives in the Industrial Park of the Left Bank of the Da River
3. Traffic connection of the Industrial Park on the Left Bank of the Da River
Bo Trai Song Da Industrial Park is located in Huu Nghi Ward, Hoa Binh City, Hoa Binh Province, considered a key location in the industrial and economic development strategy of the Northwest region. With geographical advantages and synchronous traffic infrastructure, this industrial park plays an important connecting role between the capital Hanoi and the northern mountainous provinces, convenient for transporting goods, trading and expanding production.
Adjacent locations:
- North: Bordering Phu Tho province
- South: Bordering Ha Nam and Ninh Binh provinces
- East: Bordering Hanoi capital
- West: Bordering Thanh Hoa and Son La
Infrastructure connection distance:
- From Noi Bai International Airport: ~80 km
- From Hanoi city center: ~50 km
- From Hai Phong port: ~150 km
Google Maps Industrial Park of the Left Bank of the Da River
4. Infrastructure system
The Song Da River Left Bank Industrial Park is invested in construction with synchronous and modern infrastructure, fully meeting sustainable development standards, ensuring effective service for production and business enterprises in the area.
Specifically:
- Power system: The industrial park uses an independent power grid from the public, supplied from the Hoa Binh Hydropower Plant with a capacity of 1,900 MW, transmitted through a 22KV transmission line system, ensuring a stable, safe and continuous power source for the entire area.
- Water supply system: Song Da clean water is supplied stably 24/24 hours from the Song Da Clean Water Plant with a capacity of 6,000 m³/day and night, serving the entire industrial park.
- Rainwater drainage system: Designed according to standard ground leveling planning, completely separate from the wastewater drainage system, helping to drain water quickly, avoiding flooding in the rainy season.
- Wastewater treatment system: The industrial park is building a centralized wastewater treatment plant with a capacity of 1,200 m³/day and night, which can be flexibly adjusted according to the actual discharge flow, ensuring compliance with environmental standards before discharge.
- Information and communication system: Major network operators provide telecommunications services with stable transmission lines, ensuring sufficient bandwidth and capacity for the management, operation and production activities of the enterprise.
- Fire prevention and fighting system: Equipped synchronously, connected in parallel with the clean water supply network, ensuring the ability to respond quickly and effectively in case of incidents.
- External traffic: Conveniently connected through main roads such as Hoa Binh, Huu Nghi, Le Thanh Tong, Nguyen Van Troi, designed to meet H30 load standards, spacious road surface, convenient for transporting goods and moving workers.
- Landscape – environment: The entire area is covered by a green tree system along internal roads, creating a cool, fresh green space, contributing to ecological balance and minimizing environmental pollution.
Infrastructure system of the Industrial Park of the Left Bank of the Da River – Hoa Binh
5. Orientation of the Industrial Park on the Left Bank of the Da River
The Da River Left Bank Industrial Park was established with the aim of maximizing the potential of the area, attracting investment capital and developing a system of industrial factories according to the master plan. At the same time, the industrial park focuses on optimizing investment costs, effectively using land funds and building a safe and sustainable production environment.
In addition to economic benefits, the project also aims to create more stable jobs for local workers, contribute positively to the state budget and promote the economic – social restructuring towards industrialization and modernization.
5.1 Attractive investment industries in the Industrial Park on the Left Bank of the Da River
The Left Bank of the Da River Industrial Park is currently an attractive destination for many large enterprises with key investment sectors such as: electronic components manufacturing, mechanical engineering, textiles, and other high-tech, environmentally friendly industries with large investment capital.
Orientation of the Industrial Park on the Left Bank of the Da River – Hoa Binh
5.2 Why choose the Left Bank of Da River Industrial Park?
- Strategic geographical location: Located at the gateway to the Northwest region, Hoa Binh province plays the role of an intersection between many key traffic routes, conveniently connecting with neighboring provinces and cities. This location not only helps attract a diverse labor force but also creates favorable conditions for the production and logistics activities of enterprises.
- Modern and synchronous infrastructure: The industrial park has invested in building a complete technical infrastructure system, ensuring a comfortable and safe working environment, contributing to attracting a workforce to live and work stably and long-term.
- Abundant human resources: With a workforce accounting for about 60% of the province’s population, Hoa Binh provides a young, skilled and reasonably priced workforce, helping enterprises save production costs and improve investment efficiency.
5.3 AVA Assessment
- The Song Da Left Bank Industrial Park is invested with an advanced technical infrastructure system and a flexible traffic network, creating favorable conditions for attracting workers from neighboring areas and promoting trade with provinces and cities in the region.
- Thanks to a workforce with high professional qualifications and technical skills, the industrial park is able to quickly adapt to modern technology, meeting the production needs of enterprises in the high-tech industrial sector.
- Although labor costs in Hoa Binh remain competitive, the industrial park needs to maintain a reasonable cost policy and control operating expenses well to ensure a long-term competitive advantage over other industrial parks in the region.
6. AVA – Leading Investment Consulting Unit
With many years of experience in the field of industrial real estate, AVA always affirms its position as a professional and dedicated consulting unit to customers. We commit to:
- With a deep understanding of the market, AVA always brings customers the most suitable and effective investment solutions.
- Full support, quick completion of procedures, providing optimal solutions, helping customers save time and costs.
- Professional – closed – meticulous working process, AVA commits to providing “One-Stop Service”, ensuring absolute satisfaction, even with the most demanding customers.