Tuong Linh Industrial Park

Location: Thanh Hoa

Planned area: 344 ha

Land use term: 50 years

Leasable area: 5 - 10 ha

Leasing price: Negotiation

Project highlights:

Tuong Linh Industrial Park (Thanh Hoa) stands out with a modern high-tech industrial development orientation. The park is located adjacent to Provincial Road 525 and the Tho Xuan Airport – Nghi Son Economic Zone route, providing convenient connections to the North–South Expressway and National Highway 45. This strategic location enables efficient logistics to Hanoi (approximately 150 km), Nghi Son Port (about 60 km), and Tho Xuan Airport (around 40 km). Approved under the 1/2000 zoning plan in 2024, the park prioritizes high-tech industries, including electronic component assembly, telecommunications equipment, information technology, mechanical engineering, textiles and garments, footwear, and food processing. The project is designed to accommodate a workforce of approximately 15,300 employees and is planned with environmentally friendly standards. Divided into two flexible zones (A and B) for anchor investors, Tuong Linh Industrial Park offers strong potential to attract FDI, outperforming traditional nearby industrial parks in terms of technology orientation and sustainable growth.

Site connection

Transportation Connectivity
About 11 km from National Highway 1A.
Approximately 9 km from Nong Cong District center.
Around 20–25 km from Tho Xuan Airport, located near the airport–Nghi Son Economic Zone connection route.
Close to an interchange of the North–South Expressway, directly connected via National Highway 47B.
Logistics Connectivity
Approximately 25–84 km from Nghi Son Economic Zone and Nghi Son Port.
About 25–30 km from Thanh Hoa.

Infrastructure situation

Internal Road Network
Grid-pattern internal roads planned (not built), linking QL47B & North-South Expressway.
Utilities: Power & Water
Power: Planned 110kV grid for high-tech, not implemented.
Clean water: Nong Cong system connection, capacity TBD.
Wastewater & Others
Wastewater: High-tech standard centralized plant (not built).

Attraction fields

Clean food processing (biotech).
New materials, renewable energy.
Supporting logistics, high-tech R&D (anchor).
Electronics/telecom component assembly.
IT, precision mechanical engineering.
High-tech textiles, automated footwear.

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: 60-65%, ≥20% mandatory green space per high-tech IP standard.
Height: No specific limit, flexible large lot factories prioritized.
Design Capacities
Power: 110kV substation (2x63 MVA) for entire IP & vicinity.
Clean water: Nong Cong system, capacity for 15,300 workers (TBD).
Wastewater: Modern centralized plant, eco-friendly high-tech compliant.
Fire Safety
Integrated PCCC per Nghi Son EZ planning, hydrants along grid roads.
Enterprises design per TCVN, connect to main high-tech IP system.

Related costs

Management & Wastewater Fees
Infrastructure management: 3,000-7,500 VND/m²/year (~0.12-0.30 USD), max 10% annual increase per Decree 35/2022.
Wastewater treatment: 10,000-12,000 VND/m³ (~0.40-0.50 USD).
Power & Water Prices
Electricity: EVN Region III (normal 1,600 VND/kWh ~0.07 USD; off-peak 1,000 VND; peak 3,000 VND).
Clean water: 15,000-18,000 VND/m³ (~0.60-0.75 USD) from Nong Cong system.

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.