Industrial Park No. 1

Location: Hung Yen

Planned area: 216.17 ha

Land use term: 2025 – 2075

Leasable area: 20 - 30 ha

Leasing price: $150 - $160

Project highlights:

Industrial Park No. 1 boasts a strategic location at the "epicenter" of Hung Yen's connectivity, situated directly on the axis road linking two key expressways: Hanoi – Hai Phong and Cau Gie – Ninh Binh. With a total investment of over 2,300 billion VND, the project is designed to be a modern, multi-functional industrial hub, prioritizing high-tech and precision engineering sectors. The primary competitive advantage of Industrial Park No. 1 is its synchronized, brand-new technical infrastructure, featuring high-capacity water systems and clean land plots ready for handover starting from 2024. Located in a region with an abundant labor force from Yen My and An Thi districts, the park enables businesses to easily stabilize production and optimize operational costs immediately upon commencement.

Site connection

Situated at a critical junction, directly adjacent to the connecting road between two major expressways: Hanoi – Hai Phong and Cau Gie – Ninh Bình.
Distance to Hanoi: Approximately 40 km from Hanoi city center.
Distance to Seaports: Approximately 75 km from Hai Phong Port; approximately 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 electricity sourced from the national grid via an internal 110/22kV substation.
Water Supply: Dedicated internal clean water plant ensuring sufficient flow for all manufacturing facilities.
Wastewater Treatment: Centralized wastewater treatment system meeting Grade A discharge standards.
Internal Road System: Wide main and secondary roads designed to accommodate heavy-duty containers and logistics vehicles 24/7.

Attraction fields

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

Investment Incentives

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