Industrial Park No.3

Location: Thanh Hoa

Planned area: 247,12 ha

Land use term: 50 năm (2016 – 2066)

Leasable area: 5 - 10 ha

Leasing price: Negotiation

Project highlights:

Industrial Park No.3 – Nghi Son Economic Zone (Thanh Hoa) stands out for its strategic location in Tan Truong Commune, within the Nghi Son Economic Zone. The park is located next to National Highway 1A, only 0.3 km from Tan Truong Railway Station, about 0.8 km from the North–South Expressway, and approximately 12 km from Nghi Son Port, providing outstanding multimodal logistics connectivity. The first development phase has been completed with a centralized wastewater treatment plant of around 1,800 m³ per day, ensuring environmental compliance for industrial operations. The park is designed for diverse industries, including metal casting, construction machinery assembly, mechanical engineering, and light petrochemical production. With competitive land costs, flexible industrial plots, and proximity to an international deep-sea port, Industrial Park No.3 offers strong potential to attract large-scale FDI projects, giving it a competitive advantage over nearby industrial parks.

Site connection

Transportation Links
Nghi Son Deep Seaport: 12km (international).
North-South Expressway: 0.8-1km (IC10 interchange).
Tho Xuan Airport: 72km; Noi Bai: 220km.
Thanh Hoa City: 50km; Hanoi: 190-200km.

Infrastructure situation

Internal Roads
Internal roads: Not built, planned 34-60m per 2022 adjustment (post new investor).
Access: Ready IC10 (1km), Nghi Son port (12km).
Power & Water
Power: 220kV Nghi Son substation link (upon infra completion), no internal grid.
Clean water: Nghi Son EZ system (50,000m³/day planned), no dedicated plant.

Attraction fields

Construction machinery, metal casting & products.
Engine assembly, oil refinery support, fabrication.
Building materials, large warehousing.
Precision mechanics, metal components (excl. Group A hazards).
Intra-zone logistics to deep-sea port.

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

Building Density & Height
Max density: 65% per detailed plan.
Factory height: 1-6 floors by function (PCCC compliant).
Design Capacities
Power: 38,000-53,174 kVA from 110/22kV KCN No.5 substation, 22kV lines (ABB gear).
Clean water: 11,235 m³/day from Khe Sanh plant (90,000 m³/day total).
Wastewater: Station No.1 complete (1,800 m³/day), discharged to Cau Vang River post-treatment.
Fire Safety
47 hydrants 150m apart along roads, separate sidewalk pipes (≤2.5m edge).
3-level protection, 24/7 monitoring per ISO 9001/14001.

Related costs

Management & Wastewater Fees
Infrastructure management: 0.5 USD/m²/year (ex-VAT).
Wastewater treatment: 0.35-0.85 USD/m³.
Power & Water Prices
Clean water: 0.75 USD/m³.
Industrial electricity: EVN Central rates (~0.05-0.10 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.