HOA PHU INDUSTRIAL PARK BAC GIANG PROVINCE, VIET NAM
Hoa Phu Industrial Park is located in Chau Minh and Huong Lam Communes, Hiep Hoa District, Bac Giang Province.
Hoa Phu Industrial Park is one of the potential industrial zones of Bac Giang Province that is attracting domestic and foreign investors. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional areas to create green space to protect the environment.
Advantages of the traffic of enterprises operating in Hoa Phu Industrial Park
The industrial park has a strategic location for business and industrial development, flat terrain, convenient for goods transportation and circulation because it is adjacent to big cities with wide ports and national highways, specifically as follows:
Road:
- 44km from Hanoi City center
- 34km from Bac Giang City center
- 150km from Viet Trung International Border Gate (Lang Son Province)
Waterway:
- 116km from Hai Phong Port
Airline:
- 24km from Noi Bai International Airport
Investor: Phu My Group Joint-Stock Company
Area of Hoa Phu Industrial Park: The industrial park was built on a large scale with a total area of 207.45ha.
Economic planning:
- Agro-forestry product processing industry
- Industry of exporting high-grade building materials, packaging, assembling and manufacturing auto and motorcycle parts
- Precision mechanical manufacturing industry; electronics industry, information technology; consumer goods industry
Preferential policies at Hoa Phu Industrial Park:
Corporate income tax incentives
- Exemption of 100% of income tax for the first 2 years, a reduction of 50% of payable tax for the next 4 years for new investment projects in industrial zones.
About land:
- The land use term of the investment project is up to 50 years.
- Exemption from land rent for 3 years, 7 years, 11 years, 15 years, depending on meeting the conditions in the fields that need to be encouraged for investment and in difficult or especially difficult investment areas.
- The raw land rent is the lowest price according to the State’s regulations for the case of infrastructure investment in the development of industrial parks, tourist and entertainment zones. The land in the mountainous area is bare, bad soil is difficult to use.
Import duty-free offer
- For enterprises exporting 100% of products (export processing enterprises): Import tax and VAT are exempted for imported raw materials, machinery and equipment for production.
- For enterprises not belonging to export processing enterprises and not belonging to high-tech enterprises. Exemption from import tax for 5 years for equipment and materials that Vietnam cannot yet produce
Main products of Hoa Phu Industrial Park:
- Factory for rent is available
- Industrial parkland for rent
- Leasing land and building factories on request
Other utilities of Hoa Phu Industrial Park:
- Security system
- Internal infrastructure system
- Water supply and drainage system
- Garbage and wastewater treatment system
- Clean water supply system
- Fire protection system
- Automatic wastewater monitoring system
In addition, businesses operating in Hoa Phu Industrial Park, Bac Giang Province will be able to use the preferential services of the Vinasc Group system. Specific services such as:
- Accounting service
- Auditing service
- Tax consulting service
- Appraisal service
- Established business services
- Legal and license consulting services
- Consulting and building internal control process services
- Work permit, temporary residence services for foreigners
Industrial parks in the same area in Bac Giang Province:
- Yen Lu Industrial Park
- Hoa Phu Industrial Park
- Viet Han Industrial Park
- Tan Hung Industrial Park
- Dinh Tram Industrial Park
- Van Trung Industrial Park
- Quang Chau Industrial Park
- Yen Son – Bac Lung Industrial Park
- Song Khe – Noi Hoang Industrial Park