General Introduction
Nomura Industrial Park was established in 1994 and is a project invested by Nomura – Hai Phong Industrial Zone Development Corporation (NHIZ), a joint venture between the Hai Phong City People's Committee and Nomura Financial Group (Japan). This is the first industrial park with foreign direct investment in the North, with a total capital of over 140 million USD on an area of 153 ha in An Duong district, Hai Phong city.
Nomura is a reputable contractor from Japan, and with the economic-location advantages of Hai Phong as well as the city's investment attraction policies, the occupancy rate of the industrial park has reached over 90% to date. According to the city's new master plan, Nomura IP is currently implementing infrastructure construction for phase 2 with an area of over 200 ha, which will provide a large supply of clean land and fully meet the needs of domestic and foreign investors.
Nomura Industrial Park is oriented to be a multi-sector industrial park using high, modern technology that meets international standards and is environmentally friendly, expected to attract industries such as mechanical manufacturing, precision engineering; production of automobile and motorcycle components, electrical and electronic equipment components, marine equipment, high-end packaging and paper products, and textiles, etc.
Overview Information
- Name: Nomura Hai Phong Industrial Park
- Investor: Nomura Hai Phong Industrial Park Development Corporation (NHIZ)
- Scale: 153 ha (123 ha for industrial park, 30 ha for infrastructure and utilities)
- Available area:
- Rental price: 80-100 USD
- Term: 50 years (1994 – 2044)
- Target industries: mechanical assembly, production of spare parts and components; consumer goods production, handicrafts; textile and garment industry; food processing, agricultural production, etc.
Geographic location and transportation
Nomura Industrial Park features modern and synchronized technical infrastructure, with a favorable geographical location and transport links, situated along National Highway 5, between the Quan Toan intersection – the gateway to Hai Phong city.
Distances from Nomura Industrial Park to key locations:
- To City Center: 13 km
- To Hai Phong Port: 13 km
- To Cat Bi International Airport: 20 km
- To the nearest railway station: 2 km
Infrastructure and utilities
Landscape
Over 12% of the total industrial park area is planted with trees along roads and in other areas. Grass carpets and public green spaces are planted to improve the industrial park environment. Factory construction projects and other building areas must be approved by the management board.
Land conditions
Average ground elevation: 9m; Soil quality: hardened, leveled ground.
Internal transport system
The internal road system is reasonably designed to ensure smooth traffic throughout the industrial park, accounting for 15% of the total industrial park area. The system is designed as follows:
+ Main roads in the industrial park are 30m wide – 4 lanes
+ Branch roads in the industrial park are 20m wide – 2 lanes
+ Roadsides have 6m wide sidewalks
All internal roads are designed and constructed in strict compliance with national regulations and finished with asphalt concrete. The internal roads are also equipped with a complete and aesthetic high-pressure lighting system.
Power supply system
Power supply: Electricity is supplied from an independent power plant with a capacity of 50MW, providing stable voltage quality within the industrial park.
Water supply system
Water supply: Water is sourced from the Vat Cach water plant with a capacity of 13,500 m3/day and night.
Wastewater and waste treatment system
Industrial wastewater is collected and treated at the treatment station using biological methods with a capacity of 10,800 m3/day and night.
Communication system
The industrial park is equipped with an underground communication cable system, provided to the factory fence via international standard cables.
Through the connection system between the industrial park's communication center and the telecommunications network, all communication needs are met, with the capability to provide all necessary services such as: Private branch exchange (PBX), international calls, teleconferencing, leased lines, high-speed internet, email, etc.
Fire prevention and fighting system
The industrial park is equipped with warning, prevention, and firefighting systems in strict compliance with national regulations.
Fire hydrants are installed at internal traffic junctions and at every factory to ensure effective protection of the entire area against fire and explosion incidents.
Investors participating in Nomura Industrial Park
Located right at the gateway of the port city of Hai Phong and being the first industrial park with foreign direct investment in the North, with a highly reputable investor (Nomura Financial Group), and given that Hai Phong City offers many attractive investment incentives, Nomura Industrial Park has attracted many leading investors, primarily from: Japan, the US, the EU, South Korea, etc. Among them are many high-tech, highly efficient projects such as Robotech, Yazaki, Toyoda Gosei, Toyota Boshoku, Pioneer, GE, etc.
Operating time and investment costs at Nomura Industrial Park
Project duration:
- 50 years from the date of issuance of the investment certificate
- Investors can lease long-term or transfer and invest
- During the lease period, investors can sublease or transfer to other small investors
Investment costs:
- Rental price with infrastructure: 100 USD/m2
- Electricity price: Power supply: independent power plant with a capacity of 50MW, 380V: 0.12 USD/kWh (Customers consuming over 100,000 kWh/month are charged 0.10 USD/kWh at night from 10 PM to 4 AM the next day) (The above price does not include tax)
- Water price: 0.28 USD/m3 (The above price does not include tax)
- Labor cost: reference price is 200-500 USD/person/month, depending on the job position
- Management fee: 0.4 USD/m2/year
Special incentives at Nomura Industrial Park
Regarding taxes:
- Corporate income tax (Decree No. 218/2013/ND-CP): Exemption from corporate income tax for 2 years and a 50% reduction in tax payable for the next 4 years when investors invest in the industrial park.
- VAT exemption: For enterprises granted an investment certificate as an Export Processing Enterprise (EP).
Land rent (Decree No. 46/2014/ND-CP)
- Projects using land to build housing for workers in industrial parks according to projects approved by competent authorities.
- Land for building common infrastructure in industrial parks, industrial clusters, and export processing zones according to the planning approved by competent authorities as stipulated in Clause 2, Article 149 of the Land Law.
Legal procedures: one-stop-shop administrative procedures, very convenient and fast for investors.
