The Song Cau Industrial Park, located in the mountainous district of Khanh Vinh, Khanh Hoa province, was established by Decision No. 1601 dated June 19, 2015, of the Provincial People’s Committee. The project covers a total area of ​​40.36 hectares, of which approximately 27.9 hectares are designated for industrial land lease, with a total investment of over 350 billion VND.

Overview of Song Cau Industrial Park:

• Project Name: Song Cau Industrial Park
• Location: Song Cau Commune, Khanh Vinh District, Khanh Hoa Province
• Area: 40.36 hectares
• Operating Period: 50 years (2015 – 2065)
• Occupancy Rate: Approximately 65%
  Investment Sectors Attracted: Handicrafts; agricultural and forestry product processing; wood processing; ice production; food processing (excluding fresh seafood); garment manufacturing; mechanical engineering…

• Land lease prices for completed infrastructure: Depending on location and area size, the average price ranges from approximately 9 to 11 billion VND/hectare, suitable for small and medium-sized enterprises. In addition, the investor of the Song Cau Industrial Cluster also provides support to enable businesses to conveniently manage their operations remotely.
• Electricity prices: Applied according to the regulations of Khanh Hoa Provincial Electricity Company at the time of use.
• Telecommunications and waste disposal costs: Based on the unit prices of the service providers.
• Management fees, clean water prices, and wastewater treatment fees: Determined flexibly, depending on the leased area, production sector, and project implementation progress of each enterprise.

The Song Cau Industrial Park is located in an area with challenging socio-economic conditions. Therefore, investors leasing land to build factories here will benefit from many preferential tax policies similar to those in economic zones, specifically:

Tax Incentives:

• Preferential tax rate of 17% for the first 10 years;
• Tax exemption for the first 4 years and a 50% reduction in tax payable for the following 9 years.

Incentives from the Investor:

• 5% discount on the contract value for investors paying in full;
• Free management, operation, and infrastructure maintenance for 36 months from the date of land handover;
• In case of payment according to schedule, free management and maintenance for 24 months.

Discounts based on leased area:

• From 2 hectares to less than 3 hectares: 2% discount on the contract value;
• From 3 hectares to less than 4 hectares: 3% discount;
• From 4 ha to less than 5 ha: a 4% reduction;
• From 5 ha or more: a 5% reduction.

Support from Khanh Hoa Province:
According to Resolution No. 16/2020/NQ-HĐND dated December 7, 2020, small and medium-sized enterprises (SMEs) leasing land in industrial clusters will receive support from the provincial budget as follows:

• 50% support for land lease costs (calculated based on the unit price/m²/year);
• Maximum supported area: 10,000 m²;
• Maximum support amount: 100 million VND/enterprise/year;
• Support period: 5 years from the date of signing the lease contract (applicable during the period 2021–2025).