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VSIP II Industrial Park, Quang Ngai

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VSIP II Industrial Park, Quang Ngai

Location: Quang Ngai
Planned area: 497,7 ha
Land use term: 50 years (2023 – 2073)
Leasable area: 20 - 30 ha
Leasing price: Negotiation
Project highlights:

VSIP II Quang Ngai Industrial Park stands out with a development scale of approximately 498 hectares, located within the Dung Quat Economic Zone, one of the key industrial hubs in Central Vietnam. The park enjoys a strategic location along National Highway 1A and the Hoang Sa – Doc Soi Road, about 23 km from Dung Quat Port and 33 km from Chu Lai Airport, providing strong logistics connectivity. The project is developed by Vietnam Singapore Industrial Park (VSIP), featuring international-standard infrastructure and focusing on high-tech and multi-sector industries, including automotive manufacturing, electronics, textiles, and food processing. With coastal economic zone incentives, abundant low-cost labor, and an integrated industrial–urban–service ecosystem, VSIP II Quang Ngai is expected to attract significant FDI investment, create up to 50,000 jobs, and contribute strongly to the economic growth of Quang Ngai Province.

Site connection

Seaports
Dung Quat: 23 km; Ky Ha: ~50 km; Chu Lai: ~30 km.
Airports
Chu Lai: 33 km; Da Nang: ~100 km.
Expressways
Da Nang – Quang Ngai Expressway (CT01): 18 km; National Highway 1A: 17 km.
City Center
Quang Ngai City: ~35–40 km.
Major Industrial Centers
VSIP Quang Ngai I: adjacent; Dung Quat Refinery: ~20 km.
Labor Supply
Abundant workforce from Binh Son and Tu Nghia districts; expected to reach 50,000 workers upon full development.
Schools & Hospitals
Located within a 20–30 km radius from Quang Ngai City / Binh Son area (local education and healthcare system).

Infrastructure situation

Internal Transportation
Wide main and secondary roads under development, connecting to National Highway 1A (17 km) and CT01 Expressway (18 km), supporting efficient green logistics.
Power Supply
Stable power from the 110–220kV national grid, with renewable energy options and 22kV backup supply to each plot.
Water Supply
Reliable water from Dung Quat Water Plant and local systems, operating 24/7, designed to support up to 50,000 workers.
Wastewater Treatment
Centralized plant 12,000 m³/day, with online monitoring system meeting QCVN Class A/B environmental standards.

Attraction fields

Electrical and electronics, electronic components.
Precision mechanics, machinery manufacturing.
Food and beverage processing, agricultural products.
Textiles, leather goods, footwear, fast-moving consumer goods (FMCG).
Medical equipment, furniture, household appliances.
Automotive manufacturing, parts and supporting industries.

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
Up to 70% for industrial/warehouse areas; 60% for commercial and service facilities.
Factory Height
Maximum 5 floors for industrial buildings; 10 floors for service facilities.
Fire Protection (PCCC)
Wide internal roads, ≥20% green buffer areas, and fire hydrant systems designed in accordance with QCVN standards.

Related costs

Infrastructure Management Fee
0.4–0.8 USD/m²/year (excluding VAT), paid annually.
Wastewater Treatment Fee
0.28 USD/m³ according to regulations of the Dung Quat Economic Zone Authority.
Electricity Price
Peak: 0.10 USD/kWh; Normal: 0.05 USD/kWh; Off-peak: 0.03 USD/kWh (EVN Quang Ngai).
Water Price
Approximately 0.4 USD/m³, supplied from the Dung Quat Water Plant.

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.

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