Cau Nghin Industrial Park – Thai Binh – Vietnam

I. Legal Framework of Cau Nghin Industrial Park

Cau Nghin Industrial Park was officially approved by the Prime Minister of Vietnam in the document No. 1745/TTg-KTN on October 16, 2008. Following this, on February 16, 2009, the People’s Committee of Thai Binh Province issued Decision No. 326/QĐ-UBND to approve the detailed planning of Cau Nghin Industrial Park.

Later, on November 9, 2015, Thai Binh Province’s People’s Committee issued Decision No. 2711/QĐ-UBND, approving the adjustment of the detailed planning, with a construction scale of 1/2,000 for the park. The total area approved under the plan is 214.22 hectares.

• Area: The total area of Cau Nghin Industrial Park is 214.22 hectares, which is divided as follows:

  • Area developed by IDICO Corporation: 185.96 hectares.

  • Area for SHENGLI Steel Plant project: 28.26 hectares.

• Detailed Planning Boundaries: Cau Nghin Industrial Park is located along National Route 10 within the administrative boundaries of An Bai Town and An Thanh Commune, Quynh Phu District. The park is approximately 25 km from the center of Thai Binh City and about 45 km from Hai Phong Port.

  • Northwest: Borders agricultural land of An Ninh Commune.

  • Southeast: Borders An My Commune and the existing residential area.

  • Northeast: Borders the Hoa River.

  • Southwest: Borders the Ly Xa River and the existing residential area.

Investment Sectors Attracted to Cau Nghin Industrial Park:

Cau Nghin Industrial Park is planned as a multi-industry park, focusing on attracting sectors that have minimal environmental impact. The park is designed to promote sustainable development while supporting a wide range of industries. The key sectors that are encouraged for investment in the park include:

Mechanical Engineering and Spare Parts Manufacturing

• This sector focuses on the production of machinery, tools, and spare parts, contributing to the manufacturing industry without significant environmental harm.

Metallurgy, Rolling, and Drawing

• Businesses involved in metal processing, such as metallurgy, rolling, and drawing of metals, are part of the industrial park’s vision for growth, ensuring that these activities adhere to eco-friendly practices.

Electronics, Information Technology, and Consumer Electronics

• The park aims to attract businesses in the electronics sector, including IT services, specialized electronics, and consumer electronics manufacturing. These industries are aligned with the technological advancements in a green, sustainable environment.

Premium Building Materials Manufacturing

• This includes the production of high-quality building materials, contributing to the construction industry while ensuring minimal environmental disruption through sustainable production processes.

Agricultural and Food Processing

• Businesses involved in the processing of agricultural products and food processing are welcomed, contributing to the agricultural value chain with a focus on hygiene and sustainability.

Environmental Guidelines

• The park does not accommodate factories involved in the production of hazardous chemicals, textile manufacturing, or dyeing operations that could have significant environmental risks. This ensures that the industrial activities within the park remain environmentally responsible and aligned with the park’s sustainability goals.

II. Geographical Location and Regional Connectivity of Cau Nghin Industrial Park

Cau Nghin Industrial Park is strategically located along National Route 10, in An Bai Town and An Thanh Commune, Quynh Phu District, Thai Binh Province, Vietnam. This prime location offers easy access to key transportation routes and connects the industrial park to regional and national logistics hubs, enhancing its attractiveness for both domestic and international businesses.

The park’s position on National Route 10 ensures seamless connectivity to major cities, ports, and industrial centers in northern Vietnam, further bolstering its potential for economic growth and industrial development.

Key Distances from Cau Nghin Industrial Park:

• Adjacent to National Route 10: Direct access to National Route 10, connecting the park to major cities and transportation networks in the region.

• 25 km from Thai Binh City Center: Only 25 km from Thai Binh City, the provincial capital, making it an ideal location for businesses looking to expand regionally.

• 40 km from Cat Bi International Airport: Just 40 km from Cat Bi International Airport in Hai Phong, allowing convenient access for both domestic and international flights.

• 45 km from Hai Phong Port: The park is 45 km from Hai Phong Port, one of Vietnam’s largest seaports, offering robust international shipping capabilities.

• 65 km from Lach Huyen Deep-water Port, Hai Phong: Situated 65 km from Lach Huyen Deep-water Port, a modern seaport capable of handling large vessels, enhancing the park’s international trade potential.

• 123 km from Noi Bai International Airport: Located 123 km from Noi Bai International Airport, Hanoi’s main international gateway, facilitating easy air transportation.

• 105 km from Hanoi City Center: Situated 165 km from Hanoi, the capital city of Vietnam, offering excellent access to business and political services.

III. Infrastructure of Cau Nghin Industrial Park

Traffic Infrastructure of Cau Nghin Industrial Park:

• National Route 10 passing through the industrial park and An Bai Town has a road width of 42 meters, with a 14-meter-wide roadbed, 7-meter-wide side roads on both sides, a 3-meter-wide median strip, and 4-meter-wide sidewalks inside the side roads, according to the approved master plan for An Bai Town.

• Main Road of the Industrial Park (D1B Road), located on the southeast side of National Route 10, has a width of 35 meters, organized as a dual carriageway with each lane 8 meters wide, a 3-meter-wide median strip, and 8-meter-wide sidewalks on both sides. The last section (D3 road) has a width of 28 meters, a 12-meter-wide roadbed, and 8-meter-wide sidewalks on both sides.

• Main Road of the Industrial Park (D1A Road), located on the northwest side of National Route 10, has a width of 24 meters, with an 8-meter-wide roadbed and 8-meter-wide sidewalks on both sides.

• Road to the Hoa River Port (N1 Road): The road is 24 meters wide, with a 12-meter-wide roadbed and 6-meter-wide sidewalks on both sides.

• Industrial Park’s Road (D2 Road), already constructed, is located on the southeast side of National Route 10, with a width of 17.5 meters, a 7.5-meter-wide roadbed, and 5-meter-wide sidewalks on both sides.

• An inland port on the Hoa River serves as a crucial transportation hub within the Cau Nghin Industrial Park, enabling the movement of goods via river transport. The port is strategically located along the Hoa River, offering an efficient and cost-effective way to handle bulk shipments, especially for industries within the industrial park

Water Supply System

• Total water demand: Approximately 6,000 – 7,000m³ per day.

• The water source is from the Hoa River upstream of Cau Nghin, directed to a water treatment plant for clean water supply.

• The water supply piping network is constructed under the sidewalks of the roads within the industrial park.

• Fire hydrants: Along the main water pipeline, D100 fire hydrants are installed with a service radius of approximately 150 meters.

Wastewater Treatment and Environmental Hygiene

• All wastewater (both industrial and domestic) is collected through a main pipeline system running along the industrial park from north to south and is directed to a wastewater treatment plant with a capacity of 5,000 – 5,500m³ per day. The plant is located at the end of the industrial park.

• Several intermediate pumping stations are installed along the route. After treatment, the water is discharged into the Hoa River after meeting the required Class B standards.

• Green spaces within the industrial park feature wide-canopied, evergreen trees that are resilient to strong winds and storms.

• The wastewater treatment plant area will also include a waste transfer station for industrial factory waste.

Electricity Supply

• The electricity supply for the industrial park is provided by a 110KV power line.

• It is planned to build a 110/22KV transformer station with a capacity of 40MVA to distribute power to individual factories via overhead circuit lines.

• The industrial park will also install 5 transformer stations (22/0.4KV) to provide electricity for the water supply station, wastewater treatment plant, service operation center, and street lighting.

Telecommunication System

• The telecommunications system for the industrial park will be connected to Thai Binh’s telecommunication network through a telephone cable network, providing full telecommunication capacity to meet the requirements of investors.

IV.Land Lease Costs and Investment Incentives at Cau Nghin Industrial Park

Land Lease and Infrastructure Fees:

• Infrastructure Rental Cost: 85 USD/m² until 2062. The infrastructure usage fee does not include VAT and may vary depending on the location and the area of land leased.

• Infrastructure Management and Maintenance Fee: 0.5 USD/m²/year (excluding VAT).

• Annual Land Lease: As per the decision of Thai Binh Provincial People’s Committee.

• Clean Water Supply Fee: As per the regulations of the service provider.

• Electricity Supply Fee: According to EVN’s electricity tariff (ranging from 1,007 VND to 2,871 VND/KWh).

• Wastewater Treatment Fee: Based on the wastewater input level, the fee is 0.4 USD/m³ ~ 9,600 VND/m³.

Note: These rates are subject to change without prior notice.

Investment Incentives at Cau Nghin Industrial Park – Thai Binh Province:

• Tax Incentives:

  • Corporate Income Tax Rate: 17% for the first 10 years of the project.

  • Exemption of Corporate Income Tax: 100% tax exemption for the first 2 years and a 50% reduction for the next 4 years.

Investment Projects at Cau Nghin Industrial Park

For clients and businesses interested in leasing or purchasing industrial land or factory buildings at Cau Nghin Industrial Park, please contact:

Mr. Hung
Phone: 0936 314 555

Feel free to reach out for further details or inquiries!