Investment Vietnam
Vietnam Industrial Parks and Export Processing Zones

HOA KHANH INDUSTRIAL PARK

DEVELOPER: DANANG INDUSTRIAL PARK INFRASTRUCTURE DEVELOPMENT AND EXPLOITATION COMPANY

Add: Floor 4, 58 Nguyen Chi Thanh Street , Da Nang City
Tel: (0511) 886159
Fax: (0511) 886157
Director: Mr. Dang Thanh Binh

MANAGEMENT AGENCY DANANG EXPORT PROCESSING AND INDUSTRIAL ZONES AUTHORITY

Add: 58 Nguyen Chi Thanh Street , Danang City
Tel: (0511) 810422-830017
Fax: (0511) 830015
Manager: Mr. Hoang Tuan Anh

1. LOCATION

Hoa Khanh IP is situated at Hoa Khanh Three-way Intersection, Hoa Khanh Ward, Lien Chieu District, Danang City.

Characteristics:

2. INFRASTRUCTURE

a) Transport

Internal transport: more than 1,700 meters of roads has been asphalted. The main roads are 33 meters wide and auxiliary roads 16.5 meters wide.

External transport:

b) Communication

Danang Post Office guarantees the supply of telecom services for the industrial park.

c) Utilities

• Power is via the national power grid to the premises of each investor.
• Water comes from the water supply system of Danang City, with a capacity of 15,000 cubic meters per day, which guarantees the full supply of water for the industrial park.
• Waste water is treated at each enterprise and drained via a system of ditches along the industrial park's internal roads. A waste water treatment plant for the industrial park will be built in December 2002.
• A customs office is stationed at the entrance of the industrial park.

3. LAND RENT AND OTHER FEES (VAT INCLUDED)

a) Land rent

For production projects:

- For service projects: the rent is 1.4 times the price for production projects.

b) Other fees

Power Price: (VND/KWH)

Water price

• Production and trading: VND 3,800/cu. meter.
• Services: VND 5,000/cu. meter .

4. INVESTMENT INCENTIVES

Apart from the common incentives as regulated by law, authorities issue a number of policies on incentives for investors at industrial parks in the city. Following are some incentives:

• Incentives for corporate revenue tax.
• Incentives for corporate revenue tax in reinvestments.
• Tenants are refunded 50-100% of the paid corporate revenue tax of the profit used for reinvestments if meeting the required conditions: reinvesting in encouraged fields, the reinvestment capital is used for three years or more, and the legal capital has been fully contributed.
• Tax rate on overseas profit remittance Investors pay 3% of the total profit remitted out off Vietnam.