Lai Cach Industrial Park - Hai Phong

With its favorable geographic location, well-developed infrastructure, comprehensive amenities, and substantial investment incentives, the Industrial Park has established its own strengths in attracting both domestic and foreign investors. To date, the Industrial Park has become one of the most promising industrial Park in the Northern region specifically and the entire country in general.

I. Overview of Lai Cach Industrial Park – Hai Phong

Legal Information of the Industrial Park

The Lai Cach Industrial Park was approved for detailed planning under Decision No. 1728/QĐ-UBND dated May 22, 2008, by the People’s Committee of Hai Phong Province. It covers an area of 135,42 hectares within the administrative boundaries of Lai Cach Town and Cao An Commune.

The Lai Cach Industrial Park was established according to Decision No. 1836/QĐ-UBND dated May 30, 2008, by the People’s Committee of Hai Phong Province. The registered investment capital for the project is over 468 billion Vietnamese dong, with an operational duration of 50 years (until January 1, 2057). With its favorable geographic location, well-developed infrastructure, comprehensive facilities, and significant investment incentives, the industrial Park has gained its unique strengths in attracting both domestic and foreign investors. To date, it has become one of the most promising industrial Parks in the Northern region, and indeed, throughout the entire country.

Industrial Park Scale

The total area of the Lai Cach Industrial Park is 134,42 hectares, with land allocation percentages as follows:

– Industrial Land: 94,153 hectares, accounting for 69,98% of the industrial Park area.

– Central Management and Service Area of the Industrial Park: 2,99 hectares, accounting for 2,22%.

– External Storage and Port Area: 2,86 hectares, accounting for 2,13%.

– Clean Water Pumping Station Land: 2,036 hectares, accounting for 1,51%.

– Wastewater Treatment Facility Land: 1,12 hectares, accounting for 0,83%.

– Industrial Park Cultural and Sports Center Land: 3,07 hectares, accounting for 2,28%.

– Greenery Land: 14,80 hectares, accounting for 11%.

– Transportation Land: 13,517 hectares, accounting for 10,05%.

Information about the Infrastructure Investor of the Industrial Park

The infrastructure investor for the industrial Park is Dai Duong Co., Ltd.

Address: Lai Cach Industrial Park, Km 49, National Highway 5, Lai Cach Town, Cam Giang District, Hai Phong City, Vietnam.

II. Geographical location of Lai Cach Industrial Park – Hai Phong

Lai Cach Industrial Park is located adjacent to National Highway 5 at Km45, heading north and connecting Hanoi-Hung Yen-Hai Phong. It is situated within the administrative boundaries of Lai Cach town and Cao An commune, Cam Giang district, Hai Phong province, Viet Nam.

The industrial park enjoys an extremely advantageous position for transportation and goods delivery.

Geographical location

• In the north, it has a length of railway connection along the Hanoi-Hai Phong route and an existing residential area of 2.216 meters.
• In the west, it has a length of connection with the residential area of Lai Cach town, which is 1.442 meters long.
• In the east, it has a length of connection with Road 194B, existing enterprises, and residential areas, totaling 1.259 meters.
• In the south, it has a length of connection with National Highway 5 and small industrial plants, measuring 1.433 meters.

Strategic location

• Positioned at Km49, National Highway 5, which is the road linking Hai Phong City and the capital Hanoi.
• Only 0,2km away from the new National Highway 5 connecting Hanoi and Hai Phong.
• Located 69km away from Noi Bai International Airport.
• Approximately 50km away from the center of Hanoi.
• Around 52km away from Hai Phong seaport.
• Approximately 80km away from Quang Ninh deep-water port.
• 2,8km away from Cao Xa railway station.
• 5,5km away from the center of Hai Duong city.

III. Infrastructure of Lai Cach Industrial Park – Hai Phong

Internal transportation:

• The main roads within the industrial park have a width of 30m to 33m, while the branch roads have a width of 13,5m to 17,5m.

Power supply:

• The electricity supply for Lai Cach Industrial Park is provided by the Hai Phong Power Company, ensuring stable 24/24 power supply for businesses even during peak seasons or according to individual needs.

Water supply:

• A portion of the water used in the industrial park is sourced from the  Hai Phong Water Plant and the Cam Giang Water Plant, with a capacity of 20.000m3/day and night.

Wastewater and stormwater drainage system:

• The stormwater drainage system follows the natural flow along the roads leading to the canals surrounding the industrial park, which then discharge into the canals and rivers in the area.
• The wastewater drainage system is arranged along designated routes and flows towards the industrial park’s treatment plant.

Waste management:

• Solid waste from the factories within the industrial park is classified, collected, and transported to the centralized landfill in Hai Phong City.

Wastewater treatment:

• The industrial park has invested in a wastewater treatment plant that meets the standards set by the Ministry of Natural Resources and Environment, with a capacity of 20.000m3/day and night.

Communication system:

• The entire communication system will be invested and constructed by the Hai Phong Provincial Postal Service to ensure efficient communication services for businesses worldwide.

Lighting system:

• Both sides of the road have designed and installed high-pressure Sodium 150W lamps, with an average distance of 30m between lamp posts, providing an average illumination level of 10 lux.

IV. Industries attracting investment of Lai Cach Industrial Park – Hai Phong

Lai Cach Industrial Park is a multi-sector industrial park primarily focused on clean industries that do not cause environmental pollution. The main industries in the park include:

• Electronics and computer assembly industry
• Industrial machinery manufacturing, agricultural machinery
• High-tech industrial enterprises
• Light industries

V. Cost of land lease and support of Lai Cach Industrial Park – Hai Phong

Land Rent: 50 USD/m2.

– Average rent for simple-structured workshops (single-story pre-engineered steel buildings): 4 USD/m2/month.

Management Fee and Infrastructure Maintenance Fee (Maintenance and Renovation Fee): 20.000 VND/m2/year, approximately 0,83 USD/m2/year.

– Clean Water Usage Fee: 14.500 VND/m3, approximately 0,6 USD/m3. The usage of clean water is calculated based on the meter reading.

– Wastewater Treatment Fee: 0,35 USD/m3. According to the industrial zone’s fee schedule (applies to specific wastewater standards).

– Electricity Usage Fee:

+ Normal Hours: 1.853 VND/ kWh, approximately 0,077 USD/kWh.

+ Off-Peak Hours: 1.210 VND/ kWh, approximately 0,05 USD/kWh.

+ Peak Hours: 3.383 VND/ kWh, approximately 0,14 USD/kWh.

VI. Advantages of investing in Lai Cach Industrial Park – Hai Phong

Labor costs:

• The labor cost in Lai Cach Industrial Park, located in Cam Giang district, belongs to Zone III.
• In Zone III, the prevailing minimum wage stands at 3.430.000 VND per month at present.

Tax incentives:

• 100% exemption from corporate income tax (CIT) for the first 2 years.
• 50% reduction in CIT for the following 4 years.

FB: https://www.facebook.com/TTTFICgroup