LIEN CHIEU INDUSTRIAL PARK DA NANG CITY, VIET NAM
Lien Chieu Industrial Park is located in Hoa Hiep Bac Ward, Lien Chieu District, Da Nang City.
Lien Chieu Industrial Park has been established and officially put into operation, not only serving the general development of Da Nang province, attracting the investment of domestic and foreign investors but also helping to create jobs, thereby improving the living standards for 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 Lien Chieu Industrial Park
Lien Chieu Industrial Park has the characteristics of Da Nang Port as the end point of the East-West Corridor connecting Northeast Thailand, Laos and Myanmar to Da Nang Port. The National Highway 1 route through the city, or the Da Nang to Quang Ngai expressway being invested and built, will connect the chain of urban areas and satellite industries from Quang Nam, Quang Ngai to Da Nang one by one fast and convenient way.
Road:
- Located 500m from Hai Van Tunnel
- Located 500m from the bypass of Da Nang City
Waterway:
- 23km from Tien Sa – Da Nang Seaport
Airline:
- 3km from Da Nang International Airport
Investor: Sai Gon – Da Nang Investment Corporation
Area of Lien Chieu Industrial Park: The industrial park was built on a large scale with a total area of 289.35ha.
Economic planning:
- Bonded
- Heavy industry
- Manufacturing industry
- Chemical industry
- Production of building materials
Preferential policies at Lien Chieu Industrial Park:
Corporate income tax
- Tax incentives: 10% preferential tax rate for a period of 15 years. The time to apply the preferential tax rate is calculated continuously from the first year the enterprise has revenue.
- Incentives on tax exemption and reduction period: Tax exemption for 4 years, 50% reduction of payable tax for the next 9 years. The tax exemption period is calculated continuously from the first year the enterprise has taxable income.
Land rent
- Land rent from 5,250 – 10,500 VND/m2/year depending on project type and payment method (paid annually, paid once for the entire lease period).
Projects are exempt from land rent for the entire land lease term
- Building a high-tech human resource training base
- Land for construction of traffic works and technical infrastructure, land for green trees, land with the water surface, parks for public use
- Land for construction of public non-business works of public non-business organizations
Projects are exempted from 19 years of land rent
- Business investment, fitness, and sports centers, goods fairs and exhibitions centers, logistics centers, goods warehouses (bonded warehouses, tax-suspension warehouses), supermarkets, and trade centers.
Projects are exempted from land rent for 15 years
- Construction and business of infrastructure of hi-tech zone
- Residential services (housing for experts, healthcare, cultural activities and other services related to the lives of residents in the High Tech Zone)
- Exemption of 100% of infrastructure use fee for the first 2 years from the date of land allocation and 50% reduction for the next 3 years for High Tech Zone research and development projects, High Tech Zone incubation, High Tech Zone business incubation, High Tech Zone human resource training.
- Exemption of 100% of infrastructure fee for the first 2 years from the date of receiving land allocation for projects on the List of High Tech Zones prioritized for development investment and the List of High Tech Zone products encouraged for development.
- 50% reduction of infrastructure use fee in the first 2 years from the date of land allocation for projects producing products of Group VI.
Main products of Lien Chieu Industrial Park:
- Factory for rent is available
- Industrial parkland for rent
- Leasing land and building factories on request
Other utilities of Lien Chieu Industrial Park:
- Security system
- Internal infrastructure system
- Water supply and drainage system
- Clean water supply system
- Garbage and wastewater treatment system
- Fire protection system
- Automatic wastewater monitoring system
In addition, businesses operating in Lien Chieu Industrial Park, Da Nang province will be able to use preferential services of the Vinasc Group system. Specific services such as:
- Accounting service
- Auditing service
- Tax consulting service
- Appraisal service
- Legal and license consulting services
- Established business services
- Consulting and building internal control process services
- Work permit, temporary residence service for foreigners
Industrial zones in the same area in Da Nang Province:
- Hoa Cam Industrial Park
- Da Nang Industrial Park
- Hoa Khanh Industrial Park
- Expanded Hoa Khanh Industrial Park
- Da Nang Fisheries Service Industrial Park