Situated in economically strategic triangle (Hanoi – Haiphong- Quang Ninh), Quang Ninh Province is gifted with abundant natural resources, Halong Bay World Heritage site, Cai Lan deep-water seaport, and a border with China at Mong Cai. These are strategic advantages for traffic and commerce.
Quang Ninh and adjacent provinces are home to a great quantity of skilled labourers, potential human resources for industrial zones. Natural resources such as coal, white sand, clay, timber and sea products are available at reasonable prices and great quality as inputs for industrial production.
In this economically dynamic region with the rapid development of Quang Ninh’s industries, the province’s industrial zones have attracted investors’ interest. There are industrial zones and complexes, however, at a scale not reflecting the advantages the province possesses. In developing Viethung IP, Quang Ninh aims for a large scale, concentrated industrial park with well planned infrastructure as an engine for rapid and sustainable economic development in the province and region.
“Investment and operation of Viethung Industrial Park’s infrastructure” is a project by 507 Civil Engineering Construction Company, a member of Cienco 5. The 301ha Viethung IP, with duration of 50 years and total investment of 553 billion VND, is located within Halong City, Quang Ninh’s centre of industry, commerce, tourism and services. The master plan of Greater Halong City by 2020 includes Viethung IP, another strategic advantage for industry development.
With Vietnam’s economy growing steadily and rapidly, its admission to WTO, convenient traffic connections (sea, air, road, rail), support from the government, local authorities and people, and the world heritage site Halong Bay, Viethung IP holds unique strategic advantages. Together with the experience and reputation of the IP’s owner, Viethung certainly will become an optimal location for domestic and international investors and a modern, clean and environmentally friendly industrial park.
Following are rental rates applied for tenants
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No.
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Payment mode
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Rate (USD/m2/50 years)
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1
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One-time payment for 50 years
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20.5
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2
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Three-time payment for 50 years (20 years, 20 years and 10 years)
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35
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3
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Five-time payment for 50 years (every 10 years)
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44
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* Infrastructure service charge (yearly payment): 0.16 USD/m2/year
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Vietnamese
