VSIP 2 QUANG NGAI INDUSTRIAL PARK

Province

Quang Ngai

Occupancy rate

Updating

Area

497.7 hectares

Lease Price

Contact

The VSIP II Quang Ngai Industrial Park (Phase 1) has officially received investment approval under Decision No. 1664/QD-TTg dated December 22, 2023, of the Prime Minister. This project marks the next stage of development for the VSIP brand in Quang Ngai, becoming the second industrial park to be implemented in the locality.

Perspective view of the VSIP II Quang Ngai Industrial Park project.

Details

Industrial park name

VSIP II Industrial Park, Quang Ngai

Location

Binh Thanh Commune, Binh Hiep Commune, Binh Son District, Quang Ngai Province

Total area

497,7 hectares

Occupancy rate

Updating

Infrastructure information

Electrical system

110/35/22KV

Water system

11,000 m3/day

Sewage system

8,500 m3/day

Transportation system

The main road width is 35m, and the internal road width is 16.5m.

1. Project overview and legal information

VSIP II Quang Ngai Industrial Park boasts a strategic location situated between National Highway 1A and the Hoang Sa – Doc Soi road. This allows for flexible connectivity with other functional zones within the Dung Quat Economic Zone, while also providing convenient access to seaports, airports, and other services in the surrounding area. This location also facilitates connections with neighboring provinces such as Binh Dinh, Quang Nam, and Da Nang City.

2. Investment costs and incentives

The following fees apply within the industrial park:

  • Infrastructure management and maintenance fee: 0.5 USD/m²/year
  • Raw land lease fee (annual): Based on the price set by the People’s Committee of Thua Thien Hue province
  • Electricity price: Ranging from 0.03 – 0.1 USD/kWh, depending on the usage timeframe
  • Water price: 0.4 USD/m³
  • Wastewater treatment fee: 0.28 USD/m³, where the amount of wastewater is calculated as 80% of the total water consumption

VSIP II Quang Ngai Industrial Park is located within the Dung Quat Economic Zone, therefore investors are entitled to all preferential policies as stipulated for economic zones. Specifically:

  • Corporate income tax incentives:

Businesses are exempt from tax for the first 4 years from the date of taxable income, and then receive a 50% reduction in tax payable for the following 9 years. The preferential tax rate applied is 10% for a period of 15 years.

  • Import tax incentives:
    Tax exemption for imported goods used to create fixed assets for the project. Additionally, raw materials, supplies, and semi-finished products not produced domestically, when imported for production purposes, will be tax-exempt for 5 years from the date the project becomes operational.

3. Geographical location of VSIP II Quang Ngai Industrial Park

VSIP II Quang Ngai Industrial Park boasts a strategic location situated between National Highway 1A and the Hoang Sa – Doc Soi road. This allows for flexible connectivity with other functional zones within the Dung Quat Economic Zone, while also providing convenient access to seaports, airports, and other services in the surrounding area. This location also facilitates connections with neighboring provinces such as Binh Dinh, Quang Nam, and Da Nang City.

Transportation connections:

  • Distance to Da Nang – Lien Chieu – Chan May port cluster: approximately 159 km
  • Distance to National Highway 1A: approximately 17 km
  • Distance to Da Nang – Quang Ngai Expressway (CT01): approximately 18 km

4. Infrastructure system

In line with VSIP Group’s sustainable development strategy, VSIP II Quang Ngai prioritizes the use of green and renewable energy in all its operations. Simultaneously, the industrial park promotes the application of Industry 4.0 technology in management and operation, through a modern surveillance camera system and a comprehensively developed technical infrastructure.

In addition, an online environmental monitoring system and numerous supporting facilities are implemented to ensure efficient and transparent operation, meeting the maximum needs of domestic and foreign investors.

VSIP II Quang Ngai Industrial Park Project

The groundbreaking ceremony for the VSIP II Quang Ngai Industrial Park infrastructure construction and business investment project was held on the morning of March 12, 2025. Redsunland will continue to update detailed information on the project’s planning and technical infrastructure system in the coming time.