Cau Nghin Industrial Park – Thai Binh

1. Overview about Cau Nghin Industrial Park

Cau Nghin Industrial Park has been established by Decision No …/…, total of area is 184.07 ha, including industrial land for renting is 118.1 ha, lies in An Bai town Quynh Phu District, Thai Binh Province. The Northeast of the Industrial Park is next to the Hoa River in the territory of Vinh Bao District, Hai Phong; The Southwest borders with Ly Xa River and the existing residential area; The Northwest borders with agricultural production land of An Ninh commune.

Traffic Connnection: Cau Nghin Industrial Park conveniently connect to imporntant international transportation network and other important industrial park. Specifically:

+ Industrial Park adjacent to National Highway 10

+ 45 km from Hai Phong Port

+ 130 km from Noi Bai Airport, 40 km from Cat Bi airport

+ 40 km from Hai Phong city center; 165 km from Hanoi city center and 25 km from Thai Binh city center

+ Cau Ngan Industrial Park is focusing on attracting non-polluting manufacturing industries such as electricity, electronics; Mechanical engineering; Textile; food, consumer goods…

2. Infrastructure at Cau Nghin Industrial Park

  •  Internal Road system: meet the need of transportation, receive specialized means of transport in the industrial park such as container trucks, trucks Main road has a width of 35 meters including sidewalks, roadbed is 16 meters Branch road has a width of 12 meters including sidewalks, roadbed is 12 meters
  • Water supply: The need of using pure water of enterprises in Cau Nghin Industrial Park is made sure by the local clean water treatment plant has a capacity of 6,500 m3/day.
  • Drainage system: The rainwater drainage canal system is arranged along the boundary of the leased land in the industrial park and it is arranged separately and separate from the production wastewater drainage system, meet the anti-dumping in the industrial zone.
  • Waste water treatment: Waste water comes from factory in industrial park will be handled by Central Wastewater Industrial Park inside the park, with a capacity of 5200m3/day.
  • Power plant: Power Source in Cau Nghin Industrial Park is come from national grid by Quynh Phu Electricity company and connected to 22 KV lines to the fences of factory.
  • Telecommunications and Internet service infrastructure system: The telecommunications and Internet information supply system in Cau Ngan Industrial Park is provided by reputable suppliers such as VNPT, FPT, VIETTEL

Land leasing cost and Investment Incentives in Cau Nghin Industrial Park

a. Cost for leassing land and other cost

  • Fee for using infrastructure (infrastructure rental): 65 USD/m2/ until the end of 06/06/2062. The unit price can be adjusted depending on the time of rental and the area
  • Annual land rental: 10,100 VND/m2/year. The cost of annual land rent can be changed according to the Decision of Thai Binh Provincial People’s Committee.
  • Industrial park management and service fee: 0.5 USD/m2/year, management fee will be adjusted up annually with the increase not too high.
  • Clean water supply fee: 11,000 VND/m3
  • Waste water treatment fee: USD 0.4/m3
  • Other costs: Depending on the needs of the investor and applied according to the price list specified by the relevant parties. * Note: The above prices do not include VAT

b. Incentives for investment in Cau Ngan Industrial Park

Investment projects in Cau Ngan Industrial Park, Thai Binh province will enjoy tax incentives in the form of investment in areas with difficult socio-economic conditions and the following policies: tax incentives rate at 17% for the first 10 years, in which, tax exemption for the first 2 years and 50% reduction for the next 4 years. In addition, the Investor of Cau Ngan Industrial Park will support investors in the implementation of investment licensing procedures and project implementation free of charge.

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