Lien Ha Thai Industrial Park - Thai Binh Province

I. Overview of Lien Ha Thai Industrial Park (GREEN iP – 1) – Thai Binh

Lien Ha Thai Industrial Park (Green iP – 1) in Thai Binh province has the full name of Lien Ha Thai Industrial – Urban – Service Park (GREEN iP – 1) Northern subdivision

RSL Group would like to introduce an overview of Lien Ha Thai Industrial Park as follows:

Name: Lien Ha Thai Industrial Park
Location: Thuy Lien commune and Diem Dien town, Thai Thuy district, Thai Binh province
Area: 588.84 hectares.
Fill rate: 60%
Operating time: 50 years (2021-2071)
Attractive industries: Electrical industry, electronics, information technology; Mechanical manufacturing, consumer goods production; Food and beverage production…

Serving as the first industrial park in Thai Binh Economic Zone, Lien Ha Thai Industrial Park is planned as a multi-industry, high-tech industrial park, causing little environmental pollution, focusing on developing Developing key industries such as: Electricity, electronics, information technology industry; Mechanical manufacturing, consumer goods production; Food and beverage production…

II. Geographical location of Lien Ha Thai Industrial Park

With its location in Diem Dien Town, Thai Thuy District, Lien Ha Thai Industrial Park has extremely convenient traffic and regional connectivity. Distance from Lien Ha Thai IP to strategic locations:

Lach Huyen International Port: 40km
Cat Bi International Airport: 35km
Hai Phong city center: 36km
Thai Binh City Center: 30km
Hanoi City Center: 130km

Regarding traffic, Lien Ha Thai Industrial Park is located adjacent to the coastal highway, coastal road and provincial roads 456, National Highway 37, National Highway 39…

III. Infrastructure in Lien Ha Thai Industrial Park (GREEN iP -1)

Internal transportation system:

Internal roads and trees are invested synchronously and meticulously.

Electricity distribution system:

The power source produced in Lien Ha Thai Industrial Park is guaranteed by two 110KV/22KV – 63 MVA transformer stations. The 22KV line will be connected directly to the investor’s factory fence.

Water supply system:

Lien Ha Thai Industrial Park plans to build a water treatment plant with a maximum capacity of 60,000 m3/day and night, meeting the demand for production water for factories to operate.

Waste water treatment system:

Wastewater from factories in the industrial park will be treated by a centralized wastewater treatment station with a maximum capacity of 25,000 m3/day and night.

With the goal of building a complete and prosperous industrial – urban – service park, Lien Ha Thai Industrial Park is planned to include functional subdivisions in addition to the production industrial land area, which can including housing for experts and workers to solve the problem of stability for experts and workers, serving well the production activities of factories. On the other hand, with its location in the center of the bustling town of Diem Dien, near cultural and political centers, it will help entertainment, recreation, and consumption activities have opportunities to develop.

IV. Expense

Infrastructure usage fee: 79 – 85 USD/m2/until 2071 (fee does not include VAT).
Annual land rent: Investors renting land in Lien Ha Thai Industrial Park will be exempted from annual land use fees for 15 years from the time of land lease. After the exemption period expires, the annual land rent will be applied according to the regulations of the Provincial People’s Committee at that time.
Management fee: 10,000 VND/m2/year (equivalent to 0.434 USD/m2/year)
Water supply fee: 12,000 VND/m3 (equivalent to 0.52 USD/m3)
Wastewater treatment fee: 10,000 VND/m3 (equivalent to 0.434 USD/m3). The amount of wastewater is calculated as 80% of the amount of clean water used
Electricity supply price: Applied according to EVN’s electricity supply tariff. Specific reference: from 1,007 VND – 2,871 VND/KWh

*Note: The above prices and fees do not include VAT and may change at the time of rental

V. Investment incentives in Lien Ha Thai Industrial Park

Because it is located in Thai Binh Economic Zone Planning, Green iP -1 Industrial Park fully enjoys tax incentive policies. Specifically, production investment projects in Lien Ha Thai Industrial Park will enjoy incentives:
Preferential corporate income tax rate: 10% within 15 years (normal tax rate is 20%)
In which: 100% exemption of tax payable within the first 04 years, 50% reduction of tax payable in the next 09 years.
The incentive period is from the time the enterprise has taxable revenue or from the fourth year of operation (whichever comes first).
This is considered to be the highest tax incentive that a business can enjoy.