1. Overview of Hoa Phu Industrial Park

Hoa Phu Industrial Park was established under Decision No. 1437/QD-UBND of the People’s Committee of Bac Giang Province on September 9, 2016 with a planning area of ​​over 400ha (phase 1: 207 ha, phase 2: 200 ha). ) in Chau Minh, Mai Dinh and Huong Lam communes. The investor of Hoa Phu industrial park is Phu My Group Joint Stock Company.

Hoa Phu Industrial Park project belongs to Bac Giang province planning during the period 2021 – 2030 and is identified as a key point in industrial development of the province.

Located on the land which is full of “golden” elements of the Northern economic corridor, Hoa Phu Industrial Park is now ready with a clean ground to welcome domestic and international investors and promises to be an ideal destination for businesses, becoming an industrial zone with strong attraction, contributing to the economy of Bac Giang province in particular and to the Vietnamese economy in general.

Orientation for investment and development of industries in Hoa Phu industrial park are: Mechanical assembly, electronic manufacturing, high-tech products, light industry, food processing industry; industries, handicrafts, construction material production technology… In particular, the industrial park has a policy to develop projects in modern, clean, non-polluting technology and projects that attract many labor.

2. Location and transportation

Hoa Phu Industrial Park has a very convenient location: adjacent to provincial road 295, connecting with Noi Bai – Ha Long highway, connecting with large industrial parks (Yen Phong 1 industrial park, Yen Phong 2 industrial park, Samsung industrial park), adjacent to Cau River.

With special advantages in geographical location and traffic, Hoa Phu Industrial Park has a potential to be an ideal location for investors, especially foreign investors. Utilities

With land use criteria:

• Industrial land and warehouses: 67.6%
• Land for traffic: 15.7%
• Green land and water surface: 12.2%.

Hoa Phu Industrial Park has planned and properly divided land resources for different purposes in order to balance labor activities and harmonize with the environment.

1. Infrastructure

– 7.8 ha for social-housing area.

– Power supply system: The industrial park has a 110/22KV transformer station.

– Water supply system: The industrial park has a water supply plant with a capacity of 7,500 m3/day..

– Traffic system in the industrial park: Internal traffic accounts for 15% of the total area of ​​the industrial park, all internal roads are equipped with a system of high-pressure lights arranged along the road.

– Modern and synchronous traffic system: main road: 33m, branch roads: 17.5m to 25m.

– Rainwater and wastewater drainage system: is designed into 2 separate systems including storm water drainage network and wastewater drainage network.

– Centralized wastewater treatment system: The industrial park has invested and put into use a central wastewater treatment plant with a capacity of 6000m3/day.

– Communication system: The industrial park invests in an operating center and public service with an area of ​​​​up to 2.5 hectares.

–  Internal security system: 24/24 and fire protection system in the IP is fully equipped.

2. Costs

– Phí quản lý KCN và bảo dưỡng hạ tầng 0,5 USD/m²/năm.

– Electricity price: Normal hour 1,405 VND/KW; off-peak hours (22:00 – 4:00): 902 VND/KW; rush hour (9:30 – 11:30 & 17:00 – 20:00): 2,556 VND/KW;

– Water price: 10,000 VND/m3 (price does not include VAT).

3. Some offers

– Incentives on corporate income tax: 17% for 10 years, exemption for 2 years and 50% reduction for the next 4 years. Tax exemption and reduction period started from the first year of having taxable income, in case If they do not have taxable income in the first 3 years from the first year they have revenue from the project, the tax exemption or reduction period is counted from the 4th year.

– Import tax (fixed assets, machinery and production materials): According to the provisions of law.

– Land rent: According to the provisions of law.

–  Incentives and other support policies: The industrial park supports one-stop investment, simple and quick procedures.

4. Natural conditions and labor sources

– Climate: Tropical monsoon, hot and humid. The average temperature is 20-25 degrees Celsius, the average annual rainfall is from 1650 to 1700 mm.

– Information of Local Labor: Abundant source of labor. According to statistics in 2018, the total number of industrial workers in the province is 245,172 people, accounting for about 24% of the province’s labor force.

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