Thach Quang industrial Parl

Location: Thanh Hoa

Planned area: 140 ha

Land use term: 50 years (2013 – 2063)

Leasable area: 1 - 5 ha

Leasing price: Negotiation

Project highlights:

Thach Quang Industrial Park (Thanh Hoa) is strategically located in Thach Quang Commune and Thach Tuong Commune, within the northern economic belt of the province. The park benefits from convenient connectivity to the Ho Chi Minh Road and National Highway 217, and is approximately 40 km from Bim Son Industrial Park, facilitating logistics across the Northern and North Central regions of Vietnam. The industrial park covers 140 hectares, including 85 hectares of industrial land, with an operational term from 2013 to 2063. It is currently seeking infrastructure investors and is managed by the Nghi Son Economic Zone and Industrial Parks Authority. Priority sectors include agricultural and forestry processing, food processing, pharmaceuticals, fertilizers, construction materials, and mechanical repair, all aligned with environmentally friendly development. With competitive costs, rare land availability in western Thanh Hoa, and attractive tax incentives, the park offers strong potential to attract FDI investment compared to less-developed neighboring industrial zones.

Site connection

Transportation Links
To Thanh Hoa City: 50 km.
To Hanoi: 120 km.
To Sao Vang Airport: 50 km; Noi Bai Airport: 150 km.
To Ho Chi Minh Road: Direct adjacency.
Logistics Connections
To Nghi Son Port: 142 km.
To Cam Chau/Ngoc Lac IPs: 30 km; Bim Son IP: 40 km.

Infrastructure situation

Internal Road Network
Planned synchronized roads (main 4 lanes) but not yet implemented.
Links Ho Chi Minh Road & QL217, mainly raw land currently.
Utilities: Power & Water
Power: Planned 110kV national grid, no completion info.
Clean water: Thach Thanh district source, unclear design capacity (not operational).
Wastewater & Others
Wastewater: No centralized plant yet; secondary investors to build compliant systems.
Status: Planning exists but lacks execution; seeking infrastructure investment.

Attraction fields

Garments, footwear.
Herbal medicine, labor-intensive traditional crafts.
Agro-forestry processing, food, animal feed.
Fertilizers, building materials, mechanical repair services.

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: 60-70% lot area, ≥20% mandatory green space.
Height: No specific limit, ≥5m fence setback, foundation elevation ≥+19.5m.
Design Capacities
Power: 17,200 KVA from Thach Thanh 110kV substation (25 MVA), 35/22kV grid to fences.
Clean water: 2,800 m³/day.night from Dong Muc Lake (1.6M m³, 1.2 km).
Wastewater: 2,000 m³/day.night (80% intake), Phase 1 station 1,000 m³/day.night, A-B compliant.
Fire Safety
Integrated PCCC with hydrants along roads, stormwater to Ngang River (9 outlets).
Enterprises design per TCVN, connect to main system.

Related costs

Management & Wastewater Fees
Infrastructure management: 3,000-6,000 VND/m²/year (~0.12-0.24 USD) per Central region standard.
Wastewater treatment: ~0.4-0.5 USD/m³ (small IP estimate).
Power & Water Prices
Electricity: EVN Region III (normal ~0.07 USD/kWh or 1,600 VND; off-peak ~1,000 VND; peak ~3,000 VND).
Clean water: ~15,000-18,000 VND/m³ (~0.6-0.75 USD)

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.