Hoang Mai II Industrial Park

Location: Nghe An

Planned area: 343,69 ha

Land use term: 50 years (2022 – 2072)

Leasable area: 10 - 20 ha

Leasing price: Negotiation

Project highlights:

Hoang Mai II Industrial Park enjoys a strategic location in Quynh Vinh Commune, Hoang Mai Town, near National Highway 1A, the North–South railway, and Hoang Mai Port, serving as a gateway connecting the ASEAN region. Vinh International Airport is also within a short distance.
The industrial park covers a total area of 335 hectares, including 232 hectares of clean industrial land, with synchronous infrastructure such as a stable power supply, clean water capacity of 80,000 m³/day, and a wastewater treatment system with a capacity of 30,000 m³/day. In addition, a 50-hectare dormitory area is planned to accommodate workers. Key advantages include attractive tax incentives for FDI investors, with a focus on high-tech industries such as electronics and electrical equipment, renewable energy, precision engineering, and automobile manufacturing. With competitive costs, abundant labor resources, and the strong economic growth of Nghe An Province, the project offers high profit potential for investors. As a green and environmentally friendly development, Hoang Mai II Industrial Park stands out as a top choice for smart investors.

Infrastructure situation

Internal Roads
Main roads 30-45m wide, branch roads 15-25m, asphalt concrete paved, full drainage and LED lighting.
Direct links to expressway and QL1A, smooth internal traffic.
Power Supply
National 220kV grid source, 110kV substations 100-150MVA capacity (under construction).
Reliable backup for high-capacity production.
Water Supply
Designed capacity 50,000 m³/day from SEZ network, treated to QCVN 01:2021 standards.
Reservoirs and pressure pumps for 24/7 supply.
Wastewater Treatment
Centralized plant 20,000 m³/day, biotech process to column A (TCVN 40:2021), discharge to Hoang Mai River.
On-site pretreatment per factory before central plant.

Attraction fields

Automotive, electronic, and electrical equipment manufacturing
Mechanical assembly and precision engineering
Processing of agricultural, forestry, and mineral products
Building materials and steel production
Textiles, leather goods, and rubber-plastic production
Chemical and renewable energy production
Food and beverage processing
Production support and logistics

Investment Incentives

Corporate Income Tax (CIT) Incentives
Preferential tax rate: 10% for 15 years (instead of the standard 20%).
Standard sectors/projects
2-year tax exemption, followed by a 50% reduction for the next 4 years.
High-tech projects (certified by the Ministry of Science and Technology):
4-year tax exemption, followed by a 50% reduction for the subsequent 9 years.
Import Duty Incentives
Import duty exemption applies to
Goods forming fixed assets of incentive-eligible investment projects.
Raw materials and components not yet produced domestically (subject to confirmation by the Ministry of Industry and Trade).
Goods used for manufacturing export products (in accordance with Article 16 of Law No. 107/2016/QH13).

Technical information

Technical Standards
Factory density: 60-70% lot area (≤3,000m²: 70%; >10,000m²: 60%), green space ≥10%, internal roads ≥25%.
Land allocation: Production ≥55%, technical services ≥5%.
Factory Height
Max 5-7 floors by location (per 1/500 plan), setback ≥6m on main roads.
Fire Safety
Internal roads 11.5-24m for fire trucks, auto sprinklers, safety distance ≥20m.

Related costs

Infrastructure & Management Fees
Infrastructure usage fee: 50–65 USD/m² (one-time payment valid until 2073, depending on location).
Land lease fee: 0.06 USD/m²/year.
Management and maintenance fee: 0.05 USD/m²/month.
Basic Utilities
Clean water price: 0.45 USD/m³.
Wastewater treatment fee: 0.25–0.85 USD/m³ (depending on BOD/COD levels, billed monthly).
Electricity price (EVN tariff):
Peak hours: 0.13 USD/kWh
Normal hours: 0.08–0.10 USD/kWh.

Contact information

IPAVIETNAM
Hotline/Zalo/WhatsApp: +84-83-555-3388
WeChat ID: fdivietnam
E-mail: support@ipavietnam.org
Contact person:
Mr. Gia Bao, Investment Promotion Officer
Cell phone: +84-941-898-117
E-mail: bao.ipavietnam@gmail.com
Note: We only provide consultancy service and information on industrial parks, industrial clusters, ready built factories to enterprises or investors who contact us directly. We do not exchange information through brokers or other intermediary channels.