Luong Dien – Ngoc Lien Industrial Park: An ideal investment destination for both domestic and foreign investors with modern infrastructure, strategic geographic location, and proximity to international transit hubs. The preferential policies of Luong Dien – Ngoc Lien Industrial Park always support investors optimally during their operations.
1. Overview of Luong Dien – Ngoc Lien Industrial Park
1.1. Legal information
Luong Dien Industrial Park was approved for investment project construction and infrastructure business development in Luong Dien – Ngoc Lien Industrial Park, Hai Duong Province according to Decision No. 1008/QD-TTg dated August 31, 2023.
The project, led by Luong Dien – Ngoc Lien Industrial Park Joint Stock Company, has a planned area of 150 hectares. The total investment capital of the project is 1,764.589 billion VND.
The project’s operational period is 50 years from the date the investment project is approved, concurrently with the approval of the investor.
Legal information of Luong Dien – Ngoc Lien Industrial Park, Hai Duong Province
At the same time, Luong Dien – Ngoc Lien Industrial Park prioritizes attracting investment in various sectors including:
- Electricity, electronics, information technology, computer software industry
- Mechanical engineering, machinery manufacturing and assembly, automation, automobile industry
- Supporting industries, construction materials, industrial services, processing industry, consumer goods production
- Food and beverage industry, pharmaceutical industry, functional foods, medical equipment.
1.2. Geographic location
Luong Dien – Ngoc Lien Industrial Park is located in Luong Dien and Ngoc Lien communes, Cam Giang district, Hai Duong province, with a favorable location that can connect with the key economic regions of Northern Vietnam. Adjacent to National Highway 38 and National Highway 05 (Hanoi – Hai Phong – Bac Ninh route) facilitates convenient transportation of goods, raw materials, and import-export activities.
Geographical location adjacent to National Highway 5 (Hanoi – Hai Phong) of Luong Dien – Ngoc Lien Industrial Park
Geographical location adjacent to National Highway 5 (Hanoi – Hai Phong) of Luong Dien – Ngoc Lien Industrial Park
From Luong Dien – Ngoc Lien Industrial Park:
- About 45km from Hai Phong port
- About 60km from Noi Bai International Airport
- About 45km from Hanoi city center
- About 80km from Cai Lan port
- About 80km from Cat Bi International Airport
2. Infrastructure of Luong Dien – Ngoc Lien Industrial Park
Luong Dien – Ngoc Lien Industrial Park, Hai Duong Province belongs to the Northern economic triangle of Hanoi – Hai Phong – Quang Ninh. With a favorable geographical location, the industrial park is considered a gateway for trade, attracting investment capital from both domestic and international sources.
The infrastructure of Luong Dien – Ngoc Lien Industrial Park includes:
- Electricity system: Meeting state standards with 2 22KV lines from the 110/22KV station. These 22KV lines will be developed into a network along transportation axes to supply electricity to transformer stations of factories in the industrial park, managed and operated by EVN.
- Water system: Meeting the demand for domestic use and other production activities with a capacity of 40m3/ha/day provided by the industrial park’s water plant.
- Wastewater: Wastewater from factories in the industrial park and residential areas will be treated through a centralized waste treatment plant before being discharged into the natural environment.
- Transportation routes: Internally divided into 2 lanes and main roads with 4 lanes to ensure large-scale vehicles can enter.
- Security system: Installation of surveillance cameras and construction of a professional security system throughout the industrial park.
- Firefighting system: Installed alongside the clean water system to ensure safety for the industrial park.
For the current industrial real estate market, investing in modern infrastructure is crucial to achieving the goal of creating a green, clean, friendly, and sustainable industrial park, as well as affirming the position of enterprises in the entire region.
3. Investment incentives of Luong Dien – Ngoc Lien Industrial Park
Enterprises in Luong Dien – Ngoc Lien Industrial Park enjoy investment incentives as follows:
- Corporate income tax: Exemption from corporate income tax for the first 2 years, 50% reduction for the next 4 years.
- Value-added tax: Applies different rates for different industries, as prescribed by the Vietnamese government.
Luong Dien – Ngoc Lien Industrial Park, Hai Duong Province is an ideal investment location in Vietnam for both domestic and international enterprises amid fierce competition in the industrial real estate market. Therefore, businesses should thoroughly understand the relevant information about the industrial park before investing.