The road transport system directly connects the port with Cam Ranh International Airport and railway lines, facilitating the easy flow of goods from the industrial park. From here, goods can be transported along National Highway 1A to the northern and southern provinces, or along National Highway 26B to connect with the Central Highlands region. Therefore, Nam Van Phong Port offers significant advantages in logistics and trade for businesses in Ninh Thuy Industrial Park as well as the entire region.
NINH THUY INDUSTRIAL PARK
Province
Khanh Hoa
Occupancy rate
60%
Area
207,9 hectares
Lease Price
50 USD/m2
The Ninh Thuy Industrial Park was licensed in March 2008 and officially commenced construction in May 2011. The project is considered to have great potential due to its strategic location within the Van Phong Economic Zone and its proximity to the center of Nha Trang City. With a total investment of over 556 billion VND, the industrial park covers an area of approximately 207.9 hectares.
A view of Ninh Thuy Industrial Park
Details
Industrial park name | Ninh Thuy Industrial Park |
Location | Ninh Thuy Ward, Ninh Hoa Town, Khanh Hoa Province |
Total area | 207,9 hectares |
Land rental price | 35 USD/m2 |
Construction density | 60% |
Occupancy rate | 60% |
Infrastructure information
| Electrical system | The power system is supplied by Vietnam Electricity Corporation with an installed capacity of 110/22KV – (2×40) MVA. In the near future, a 500MVA power plant invested by a Japanese corporation in the same area will improve the reliability of electricity supply to Ninh Thuy Industrial Park. |
| Water system | Water is sourced from the Tien Du dam, with a capacity of 9,000,000 m3, supplying the Ninh Thuy Industrial Park with a committed capacity of 20,000 m3/day. |
| Sewage system | 6,000 m3/day |
| Transportation system | The main roads in the industrial park are 32 meters wide – 4 lanes. |
1. Project overview and legal information
Overview of Ninh Thuy Industrial Park:
- Project Name: Ninh Thuy Industrial Park
- Location: Ninh Thuy Ward, Ninh Hoa Town, Khanh Hoa Province
- Area: 207.9 hectares
- Operating Period: 50 years (2013 – 2063)
- Occupancy Rate: Approximately 60%
Investment Attractions:
The industrial park focuses on attracting investment in sectors such as agricultural and forestry product processing, wood chip production; animal feed processing (livestock, poultry, and aquatic products) and aquatic by-products; building materials production; shipbuilding; and mechanical processing and manufacturing for the shipbuilding industry.
Human Resources:
Khanh Hoa Province has a population of approximately 1.17 million people, of which the young workforce (under 35 years old) is estimated at around 26,535 people, ready to meet the recruitment needs of businesses in the industrial park.
2. Land lease costs and incentives
- Infrastructure management fee: approximately 0.4 USD/m²
- Electricity price: ranges from 0.03 – 0.1 USD/kWh (depending on usage time)
- Clean water price: approximately 0.4 USD/m³
- Wastewater treatment cost: approximately 0.28 USD/m³
Businesses operating in Ninh Thuy Industrial Park are subject to corporate income tax incentives as stipulated in Decree 218/2013/ND-CP, including: tax exemption for the first 4 years and a 50% reduction in tax payable for the following 9 years.
3. Geographical location of Ninh Thuy Industrial Park
The Ninh Thuy Industrial Park is located adjacent to National Highway 26B, and is also close to the Nam Van Phong General Port and the Van Phong bonded petroleum storage area, creating favorable conditions for goods transportation and domestic and international trade connections via sea.
Notably, the Nam Van Phong General Port, situated right next to the industrial park, is a natural deep-water port with a minimum depth of approximately 15 meters, a wharf length of 234 meters and a width of 35 meters, capable of receiving general cargo and container ships up to 70,000 DWT. In the future, the port may be expanded to accommodate ships with a tonnage of up to 100,000 DWT.
Geographical location of Ninh Thuy Industrial Park
Distance from Nha Trang City: approximately 47 km
- Distance from Ho Chi Minh City: approximately 480 km
- Distance from Da Nang City: approximately 511 km
- Distance from Hanoi: approximately 1,280 km
- Distance from National Highway 1A: approximately 8 km
- Distance from Nam Van Phong Port: approximately 1 km
- Distance from Cam Ranh Port: approximately 100 km
4. Infrastructure System
Ninh Thuy Industrial Park, Khanh Hoa Province
As of April 2024, out of a total area of over 184 hectares requiring land clearance, Ninh Thuy Industrial Park has completed nearly 177.9 hectares, with approximately 6.3 hectares remaining undeveloped due to various obstacles. Therefore, some infrastructure items such as the wastewater collection system, fire protection system, interchange No. 2, and access roads and internal roads have not yet been completed according to design. The investor stated that, if conditions are favorable to accelerate progress, the occupancy rate of the industrial park is expected to reach approximately 80% by the end of 2025.
Master plan of the project:
Landscape:
Over 12% of the total area is dedicated to green spaces, arranged along roads and public areas to improve the environment. All factory and construction projects must be approved by the Management Board.Land conditions:
The land has been leveled to an average elevation of approximately 9 m, with stable soil, favorable for construction.Internal transportation:
The transportation system is rationally planned, ensuring convenient traffic flow throughout the area:Main road width: 32 m (4 lanes)
Branch roads width: 23 m (2 lanes)
All roads are constructed with asphalt concrete, complying with national technical standards and equipped with a modern lighting system.
Electricity system:
Electricity is supplied by Vietnam Electricity Corporation with a 110/22 kV – (2×40) MVA transformer substation. In the future, a 500 MVA power plant developed by a Japanese investor in the area will contribute to improving power supply stability.Water Supply System:
Water is sourced from the Tien Du Dam with a capacity of approximately 9 million m³, supplying the industrial park with a capacity of up to 20,000 m³/day.Wastewater Treatment:
A biological wastewater treatment system with a capacity of 6,000 m³/day is expected to be upgraded to approximately 80% of water consumption. The treated water meets Class A standards according to QCVN 40:2011/BTNMT.Telecommunications:
Telecommunications infrastructure is provided by leading providers in Vietnam, offering a full range of services including private PBX, international calls, video conferencing, leased lines, high-speed internet, and email.Fire Safety:
The fire safety system is invested in accordance with national standards, with fire hydrants located at traffic intersections and factory areas, ensuring safety for the entire area.Other Amenities:
The amenities area is planned in the southeast, including commercial offices, residential areas, hotels, and retail areas, serving the living and working needs of workers in the industrial park.
5. Businesses operating in Ninh Thuy Industrial Park
As of April 2024, Ninh Thuy Industrial Park had received a total of 24 investment projects, including 8 foreign direct investment (FDI) projects with a total registered capital of US$112.66 million. The implemented capital reached approximately US$86.57 million, contributing to the creation of jobs for nearly 700 local workers.