Lac Thinh Industrial Park - Hoa Binh Province
Lac Thinh Industrial Park – Hoa Binh Province. Total Area: 220 hectares – Term: Until 2072.
Overview
Lac Thinh Industrial Park (Yen Thuy) is one of the eight industrial parks in Hoa Binh Province. Initially assigned to the BTG Group in 2013 for infrastructure investment and management with millions of USD in funding, it was expected to significantly contribute to the provincial budget and labor restructuring. However, due to feasibility issues, the project faced delays, leading to resource underutilization.
Covering 220 hectares, the park is included in Vietnam’s industrial park development plan approved by the Prime Minister for the period until 2020. The detailed 1/500-scale construction plan was approved by the provincial People’s Committee, with 134.92 hectares designated for industrial use.
To date, infrastructure investment from the provincial budget has reached 157.2 billion VND, including 148.4 billion VND for land clearance and the rest for planning, bomb and mine clearance, and the installation of a 35kVA power station. Two projects—a brewery and the GREENTEX VINA garment factory—have been granted investment registration certificates.a
Location
Lac Thinh Industrial Park spans Lac Thinh Commune, Yen Lac Commune, and Hang Tram Town in Yen Thuy District. It is located approximately 100 km from Hanoi via the Ho Chi Minh Highway.
Infrastructure
Internal Roads:
The main road is 39 meters wide with four lanes, while branch roads are 23 meters wide with two lanes.
Electricity System:
A 22/35/110 kV grid supplies electricity directly to the enterprises’ premises.
Public Lighting System:
A separate street lighting system runs along the internal road network.
Water Supply:
Available 24/7 with a capacity of 40 m³/ha/day, ensuring uninterrupted operations for enterprises.
Wastewater and Rainwater Drainage:
Independent systems for wastewater and rainwater. Wastewater is collected and directed to the central treatment facility for processing.
Waste Management:
Solid and liquid waste is sorted and collected for proper disposal.
Wastewater Treatment:
A wastewater treatment station ensures treated water meets Class A standards before being discharged into the environment.
Telecommunications:
Modern IT infrastructure runs along the internal roads, ensuring reliable communication services for all enterprises. A postal facility is planned near the central management area.
Supported Industries
The industrial park primarily attracts the following sectors:
- Mechanical processing, spinning, weaving, dyeing, garment production.
- Electrical, electronics, pharmaceuticals.
- Food processing.
- Wood processing and manufacturing.
- Packaging printing.
Labor costs
Lac Thinh Industrial Park is situated in Region IV, where the current minimum wage is 3,450,000 VND/month.
Social Infrastructure
- Customs Services:Proximity to a customs office facilitates efficient handling of export-import procedures.
- Banking Services:Banks are located just 1 km from the park, ensuring convenient financial transactions.
- Postal Services:A nearby postal facility offers document collection services.
- Public Transport:Extensive bus routes connect the park to cities such as Hanoi, Hai Phong, and Quang Ninh.
- Fire Safety:Fire hydrants are strategically placed every 150 meters within the park.
- Housing:The park is near a bustling residential area, providing ample housing for workers.
- Healthcare:Yen Thuy District has a well-developed healthcare system, ensuring easy access to medical services.
- Education:The district boasts a comprehensive school system, from preschools to high schools, ensuring quality education for workers’ families.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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