A groundbreaking ceremony for the Danh Thang – Doan Bai Industrial Cluster (FECON IP Hiep Hoa) was held with great fanfare.
Spanning approximately 75 hectares, FECON IP Hiep Hoa is conveniently located just 50 kilometers from the heart of Hanoi, 30 kilometers from Noi Bai International Airport, and in close proximity to three major highways: Hanoi – Thai Nguyen, Hanoi – Lang Son, and Noi Bai – Ha Long. This strategic location facilitates swift connections to prominent manufacturing hubs in Bac Ninh, Thai Nguyen, Hai Phong, and Lang Son.
As per the master plan, roughly 70% of the total area will be allocated for industrial infrastructure, while the remaining area, encompassing nearly 100,000 square meters, will be dedicated to greenery and water bodies. The project boasts well-developed technical infrastructure, encompassing water supply and treatment systems with a capacity of 3,050 cubic meters per day and night, a 22 kV power grid, telecommunications, and round-the-clock fire protection and security services.
The FECON IP Hiep Hoa project primarily targets high-value-added and environmentally friendly industries, including electronics, precision mechanics, pharmaceuticals, food processing, and advanced supporting industries. Its proximity to manufacturing powerhouses such as Samsung, Foxconn, Goertek, and Luxshare is expected to bolster the supply chain for electronic components, semiconductors, and high-tech equipment.
A rendering of the project, showcasing its modern and well-planned design.
Additionally, the project offers attractive investment incentives as outlined in Decree No. 218/2013/ND-CP and the Law on Corporate Income Tax. FECON IP Hiep Hoa is located in an area with challenging socio-economic conditions and is eligible for corporate income tax incentives. Specifically, businesses investing in the park will enjoy a tax exemption for the first two years of taxable income and a 50% reduction in payable tax for the following four years for income generated from new investment projects.
Investors also benefit from land lease incentives (with exemptions ranging from 5 to 7 years depending on the field and industry) and import tax exemptions on machinery, equipment, and raw materials not yet produced domestically, as well as on inputs for export production, in accordance with prevailing investment and tax laws.
Mr. Muon Van Chien, General Director of FECON Invest, shared his enthusiasm: “FECON IP Hiep Hoa is not only a key project in FECON’s strategy to develop industrial infrastructure but also demonstrates our long-term commitment to partnering with the government and business community to create a modern, efficient, and sustainable production environment.”
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