So 5 Industrial Park, Hung Yen Province

Identified as a key area to attract investment in Hung Yen in general and Northern Vietnam in particular, Industrial Park No. 5 has prepared synchronous infrastructure, preferential policies, utilities and service packages. Professional customer support service will certainly satisfy investors.

I. Overview of So 5 Industrial Park

RSL Group would like to introduce an overview of the So 5 Industrial Park project as follows:

• Name: So 5 Industrial Park (So 5 IP)
• Location: An Thi and Kim Dong districts, Hung Yen province
• Area: 192,64 hectares
• Occupancy rate: 70%
• Operating term: 50 years (2021 – 2071)
• Attractive industries: Equipment manufacturing, electrical, electronic, mechanical assembly, light industry, manufacturing industries in accordance with the industrial development planning of Hung Yen province.

II. Location of So 5 Industrial Park

With natural conditions and favorable geographical location for road, waterway and air traffic, especially the route connecting the two highways Hanoi – Hai Phong and Phap Van – Cau Gie, new national highway 38, So 5 Industrial Park has many advantages in connecting domestic and international goods circulation and attracting much higher investment than other industrial parks.

Distance from So 5 Industrial Park :

• To the intersection to Hanoi – Hai Phong highway: 3km
• To Hanoi center: 35km
• To Noi Bai Airport: 50 km
• To Hai Phong port: 75 km
• To Quang Ninh deep seaport: 120 km.

III. Infrastructure in So 5 Industrial Park

The planning of So 5 Industrial Park is designed to suit all uses, suitable for all industries from heavy industry, food industry, light industry to specific industries such as oil industry and gas, new energy and new materials.

• Internal traffic system: With the advantage of flat terrain, it makes planning for internal traffic easier. The trunk road system is 42m – 32m wide, designed and built synchronously and modernly, and trees on both sides of the road are regularly trimmed.
• Power supply system: Supplied from the national grid through a 110/22KV transformer station with a capacity of 4 x 63 MVA. Besides, the electrical system is connected to the foot of the fence of each plot of land, ready to use and meet the production needs of the factory.
• Water and waste treatment system: Centralized wastewater treatment system with capacity of 7500 m3/day and night (Zone 1 3200 m3/day and night, Zone 2 reaches 4300 m3/day and night). Wastewater collection and drainage network is 100% underground using HDPE pipes.
• Clean water supply system: Pipeline F600 – Maximum capacity of 30,000 m3/day and night
• Fire protection system: 100% underground hose system throughout the area – Pressure: 5-7 hoses.
• Industrial Park security system: 24/7 monitoring by a well-trained security team and regular maintenance

IV. Investment incentives in So 5 Industrial Park

Regarding corporate income tax:

• Enjoy a tax rate of 10% for a period of 15 years and a tax exemption for 4 years, a 50% reduction in tax payable for the next 9 years for income from implementing new investment projects in a number of special priority areas. Investment incentives according to the provisions of law on corporate income tax.
• Enjoy a tax rate of 17% and a 2-year tax exemption, a 50% reduction in tax payable in the next 4 years for income from implementing new investment projects in a number of fields such as: High-grade steel production; production of energy saving products; manufacturing machinery and equipment for agricultural, forestry, fishery and salt production; production of irrigation equipment; Producing and refining animal feed, poultry, aquatic products…
• Exemption from corporate income tax for 2 years and a 50% reduction in tax payable for the next 4 years for Enterprises implementing new investment projects in Industrial Parks.

Regarding import tax: Investment projects in industrial parks are exempt from import tax on imported goods to create fixed assets according to the provisions of the Law on export tax and import tax.

_

RSL Group – Comprehensive industrial real estate ecosystem
Hotline: 0912.94.93.93 – Ms. Thanh Ha
Website: https://www.rslgroup.vn/
Email: info@redsunland.vn

Source: redsunland.vn