LAM SON INDUSTRIAL PARK - THANH HOA

Lam Son Sao Vang Industrial Park (IZ) in Thanh Hoa province was approved by the Provincial People's Committee with the zoning plan at the scale of 1/2000 according to Decision 1285/QD-UBND dated April 14, 2016.

OVERVIEW OF LAM SON INDUSTRIAL PARK - THANH HOA

Lam Son Sao Vang Industrial Park (IZ) in Thanh Hoa province was approved by the Provincial People's Committee with the zoning plan at the scale of 1/2000 according to Decision 1285/QD-UBND dated April 14, 2016. The total planning area of the IP is about 537ha. The investor of the infrastructure of the industrial park is Cuong Thinh Thi Construction Group Joint Stock Company and Mien Trung Construction Group Joint Stock Company. The project contributes to building technical infrastructure, applying modern scientific and technological advances and advanced management to production.

Lam Son Sao Vang Industrial Park in Thanh Hoa province is one of the four dynamic economic clusters of Thanh Hoa province. The project has locations in 2 communes Xuan Thang, Xuan Phu (Tho Xuan district) and Tho commune (Trieu Son district). Lam Son Sao Vang Industrial Park is a modern, dynamic and developed industrial complex with safe and sustainable competition. In the period after 2030, it will expand 130ha more to the west of the existing industrial park. Increase the total industrial land area to 667.3ha. Lam Son Sao Vang Industrial Park plays an important role in economic development, urbanization as well as regional linkages between the delta and mountainous areas of the province.

Currently, the infrastructure of this industrial park is gradually being completed. The industrial park has had many investors from Korea, the United States, Japan, Singapore... come to explore investment opportunities.

Location of Lam Son Sao Vang industrial park in Thanh Hoa province

Lam Son Sao Vang Industrial Park in Thanh Hoa province has basic advantages in terms of transportation system. The planned land area of the industrial park is located along Ho Chi Minh road. Located at the crossroads between Ho Chi Minh trail and National Highway 47. This place has direct and favorable relationships with regions in the province, inter-province, Northwest region and Laos. In particular, the development of Tho Xuan airport is of great significance for the general development, as well as attracting investment in the industrial park.

Lam Son Industrial Park Golden Star Thanh Hoa

Infrastructure of Lam Son Sao Vang Industrial Park, Thanh Hoa Province

Internal traffic

The internal traffic system is divided into main roads and branch roads.

The main road system is 39m . wide

Branch road system 23m . wide

Power system

The power supply for the urban area is the 110/35/6KV Tho Xuan transformer station. 500m from the planning area to the northwest.

Public lighting system

The street lighting power network is designed separately from the domestic power supply system, arranged along the traffic roads.

Water system

Water supply for Lam Son Sao Vang Industrial Park comes from a water plant with a capacity of 54,000m3/day.

The water supply plant is divided into 2 construction phases:

Phase 1 has a capacity of 30,000m3/day.

Phase 2 increases capacity by 24,000m3/day.

Sewage drainage system, rain water

They are arranged along the roads and concentrated on the treatment station of the industrial park. Drain pipe diameter D600mm-D800mm and it's automatic drainage system.

Process rubbish

Solid waste from the factory is sorted, collected and transferred to the concentrated waste dump according to the regulations of the town.

Wastewater treatment

Build 2 new wastewater treatment plants in 2 phases:

Phase 1: construction of treatment plant No. 3 with initial capacity of 10,000m3/day and night treatment station, then increased to 15,000m3/day.

Phase 2: construction of treatment plant No. 4 with an estimated capacity of 5,000m3/day. The wastewater drainage system includes 1 pumping station with an expected capacity of 300m3/day.

Communication systems

Communication services in the industrial zone are provided from the satellite switchboard with a capacity of 90,000 subscribers

Main industries in Lam Son Sao Vang industrial park, Thanh Hoa province

Lam Son Sao Vang Industrial Park mainly attracts the following industries:

High-tech food processing

Aircraft maintenance, repair and operation

Manufacturing and assembling electronic equipment

Producing household appliances, auto parts and means of transport

Some other industries

Labor costs

Lam Son Sao Vang Industrial Park is located in Tho Xuan and Trieu Son districts, in Region IV. Therefore, the minimum wage in Region IV is currently 3,070,000 VND/month.

Social infrastructure of Lam Son Sao Vang industrial park, Thanh Hoa province

Customs service: Thanh Hoa customs near the industrial park

Banks: branches of BIDV, Agribank, Techcombank, Sacombank...

Post office: district post office with modern information technology system serving multi-service communication such as data transmission, telephone, IP Internet, and video conference.

Bus: network of bus routes to Ho Chi Minh City. Thanh Hoa, Hanoi, Quang Ninh, Hai Phong…

Fire protection: a modern water supply system with fire fighting equipment is located along the roads in the industrial park. Ensure fire fighting in the event of an incident.

Security: 24/7 security service.

Residence: right opposite the planned industrial park Lam Son Sao Vang urban area. After coming into operation, this will be the place to provide housing as well as a synchronous utility system. Ensuring the quality of life and living for workers and professionals.

Hospitals: Thanh Hoa city has 10 hospitals and local medical facilities, ensuring employees receive convenient and quality health care.

School: Thanh Hoa city is the center of education and training of the province. Currently, the city has 2 universities and 2 university branches, 10 colleges and 12 vocational secondary schools.

Investment advantage
Advantages and traffic infrastructure: The planned area is located at the intersection between the Ho Chi Minh trail and National Highway 47. These are the two main external traffic declarations of the area. In addition, the location near Tho Xuan airport will increase the attractiveness of attracting investment in the industrial park.

Attractive tax incentives

Tax incentives for newly established enterprises in industrial zones with high-tech projects. According to the law, software projects are subject to the tax rate of 10% for 15 years, tax exemption for 4 years and 50% reduction for the next 9 years.

Tax incentives for high-tech, large-scale projects that need to attract investment, the time to apply the 10% preferential tax rate can be extended but must not exceed 30 years. After the above incentive period, the applicable CIT rate is 25%.

Abundant labor resources: Thanh Hoa province has the third largest population in the country. There is also a developed training system, so it meets the needs of both quantity and quality of investors.

Competitive land rental price, low labor cost

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