Minh Duc Industrial Zone

Minh Duc Industrial Zone

With a total area of ​​200 ha, located in Minh Duc commune, Bach Sam  and Ngoc Lam commune, My Hao district, Hung Yen province

PRIME LOCATION

Industrial zone is located on Highway No. 5 Hanoi - Hai Phong, 35 km from Hanoi, 55 km from Hai Phong seaport, 60 km from Noi Bai international airport and lies on an important route connecting Hanoi with the northern provinces.

Minh Duc industrial zone has convenient traffic location where can easily trade with neighboring provinces as well as the key economic centers such as Hanoi, Hai Phong, Quang Ninh, Ha Tay... as well as quick access to sea ports, land ports and airports. It helps to save a lot of cost and transport time, especially costs for export and import of goods.

Located in Hung Yen province, nearby Ha Noi, with abundant young labor force here attacted strongly investors since it not only has favorable conditions in the recruitment and training for workers, but also saves labor cost and enjoys the services package at cheap price.

AREA

The total area of industrial zone is ​​200 ha

To serve the entire industrial park, a suitable area has been planned to build auxiliary facilities providing essential services for entire industrial zone and neighboring areas

INTERNAL COMMUNICATIONS SYSTEM

Internal transport system of industrial park is designed reasonably to ensure smooth traffic throughout industrial zone. The road system is designed with the following dimensions:

- Center road shaft is 34 meters wide

- The main road shafts in the industrial park is 24 meters wide

- The branch line is 14m wide

All the internal roads are designed and constructed on the strict compliance the provisions of the country, and finished with plastic Asphalt beton. The internal road system is also equipped with a nice and complete high-voltage lighting system.

POWER SUPPLY SYSTEM

Power supply is taken from the 24/7 national grid. The line will be developed into networks along the transport routes to supply power to the substation of the plant in the industrial area.

WATER SUPPLY SYSTEM

Minh Duc industrial zone is the first one which is provided clean water from the local water plant. Clean water is supplied with a capacity of 20,000 cubic meters per day from clean water plant in Hai Duong.

Clean water is supplied to the fence of the plant by water supply system with the international standards.

Besides, to ensure the continuous clean water suppl, there is also a water supply plant within the region.

WASTE AND WATER TREATMENT SYSTEM

waste water in industrial zone will be pretreated to reach waste water standards Class B according to national standards before being discharged into the drainage system of industrial zone and discharged into Sat river.

Waste is collected and processed at the garbage plant of the industrial cluster

Emission from the plant is processed with a filter system according to national standards before being discharged into the natural environment.

COMMUNICATIONs SYSTEM

Industrial zones are installed an underground communications cable system provided to the fence of the factory by the cable system reaching to international standards.

The connection system between the communications center and the Hung Yen central Post Office  meets the demand for communications and able to provide all necessary services such as a private switchboard, international phone, conferencing, high-speed internet, email, ...

FIRE PROTECTION SYSTEM

Industrial zones were installed with fire warning, prevention and fighting systems according to the national regulations.

The fire fighting water supply pots was installed at the internal transport clue, and in every factory to ensure effective protection for the whole area from fire incidents.

LANDSCAPE

Over 10% of the total area of ​​industrial zone has green trees planted along road routes and other areas.

SUPPORT SERVICES

To create more favorable conditions for investors when investing in the industry, investor is willing to support the following services in the shortest time with the most reasonable cost:

- Consulting in businesses establishment and the investment licensing.

- Business management service

- Financial services and corporation accounting.

- Design and construction services.

- Import and export Services.

- Insurance services, customs procedures and cargo storage.

- Freight services.

- Accommodation services for professionals

Industrial zone also use land to build a other support services such as commercial shops, food stores, health care facilities and kindergartens, as well as vocational training facilities for workers and technical staff.

The industrial zone has cooperated to Oceanbank so it is capable of finance support for investors to implement the project and built factories.

LAND PRICE AND FEES

- Land rental: we commit to offer the most competitive price in the region.

- Industrial zone management: 0,30USD / m3 / year. This fee is paid annually on the first month of the year.

- Fee for use of water: 0,30USD / m3. The amount of used clean water is calculated according to the number indicated on the water clock

- Sewage treatment fee: 0,22USD / m3. The amount of waste water is calculated by 80% of practical clean water use.

- Fee for using electricity: according to the general regulations of Vietnam Government.

- For lease factory: Industrial zone can also build factories for lease in size from 1,000sqm to 100,000sqm.

- Factory can be built according to customer’s requirements, and can be used after a building period of 4-7 months.

- The average factory rental (prefabricated steel structure house one floor): $ 2 / sqm / month.

Customers can buy factory after a leasing period

INVESTMENT INCENTIVES

When investing in Minh Duc industrial zone, investors enjoy tax incentives prescribed by the State as follows:

A.      Enterprise Income Tax Incentives

- For investment encouraged projects: the tax is 10% profit within 15 years from the date of the investment project was officially put into operation and 28% for the next years. Enterprise is exempted income tax for 4 years from applying enterprise income tax and reduced 50% for the next 9 years.

- For the production and business projects: the tax rate is 15% of profit within 12 years from the date of the investment project was officially put into operation and 28% for the next years. Corporate income tax exemption for 3 years from the applicable corporate income tax and a reduction of  50% for the next 7 years.

- For the services business project: the tax rate is 20% profit within 10 years from the date of the investment project was officially put into operation and 28% for the next years. Corporate income tax exemption for two years from the applicable corporate income tax and a reduction of 50% for the next 6 years.

B. Import Tax and VAT incentives:

- Enterprises are exempted import tax and VAT on import goods to form fixed assets, including:

- Machinery equipment, construction materials, which can not be produced domestically

- Means of transport in the technological line; transport vehicles carrying workers, including cars of 24 seats or more and the components, details, spare parts, accessories and spare parts .... . Materials imported to manufacture equipment and machinery in production lines or manufacturing components, details, spare parts ...

- Projects of manufacturing components, mechanical parts, electronics have been exempted import tax for production materials in the five years since the start of production.

- For raw materials, supplies, spare parts for processing exports for foreign party in processing contracts signed, import tax shall be exempted.

- Raw materials and materials imported for production of export goods are defered payment of import tax in the time specified in the import tax law and when exporting products will be refunded import tax on imported raw materials according to the same rate to export products ratio. Being deferred to pay VAT during being deferred import tax.