Industrial Park No. 03

Location: Hung Yen

Planned area: 159.71 ha

Land use term: 2021 - 2071

Leasable area: 10 - 20 ha

Leasing price: $140 - $150

Project highlights:

Industrial Park No. 03 enjoys a dual advantage by being situated at the heart of the Ly Thuong Kiet industrial axis, directly adjacent to the connecting road between two key expressways: Hanoi – Hai Phong and Cau Gie – Ninh Binh. This location enables businesses to optimize the transportation of goods to international seaports and Noi Bai Airport with maximum efficiency. Featuring modern planning, synchronized technical infrastructure, and clean land plots ready for lease, IP No. 03 stands as a top choice for electronic component manufacturing and precision engineering projects. Furthermore, the favorable investment environment and attractive tax incentives provided by Hung Yen province help investors minimize initial costs and enhance their market competitiveness.

Site connection

Situated at the core of the Ly Thuong Kiet industrial-urban-service complex, directly adjacent to the road connecting the Hanoi – Hai Phong and Cau Gie – Ninh Binh Expressways.
Distance to Hanoi: Approximately 40 km from Hanoi city center.
Distance to Seaports: Approximately 75 km from Hai Phong Port; 90 km from Lach Huyen Deep-sea Port.
Distance to Airport: Approximately 60 km from Noi Bai International Airport.

Infrastructure situation

Power Supply: Stable industrial power supplied from the national grid via an internal 110/22kV substation.
Water Supply: Internal clean water plant ensuring sufficient capacity for high-demand manufacturing facilities.
Wastewater Treatment: High-capacity centralized wastewater treatment plant meeting Grade A discharge standards.
Telecommunications: Modern communication infrastructure with a high-speed broadband fiber optic network ready for connection.

Attraction fields

Technology & Electronics: Manufacturing of electronic equipment, computers, and optical products.
Automotive Industry: Production of spare parts and auxiliary components for motor vehicles.
Mechanical Engineering: Machinery manufacturing and high-precision technical equipment.
Consumer & Medical: Production of consumer goods, pharmaceuticals, and medical devices.
Logistics: Warehousing, transportation support, and logistics services.

Investment Incentives

2-year Corporate Income Tax (CIT) exemption and a 50% reduction for the following 4 years for new investment projects.

Technical information

Construction density: ≤ 70%
Factory height: Typically 2–5 floors
Green space ratio: ≥ 10%
Building setback: Minimum 4 m (long side), 3.5 m (gable side)

Related costs

Management fee: ~USD 0.5–1/m²/year
Ready-built factory rent: ~USD 3.5–5.5/m²/month
Electricity cost: ~USD 0.08–0.12/kWh
Water supply cost: ~USD 0.4–0.8/m³
Wastewater treatment fee: ~USD 0.3–0.6/m³

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.