Le Mon Industrial Park, Thanh Hoa Province
Le Mon Industrial Park, Thanh Hoa Province. Area: 87.61 ha – Term: Until 2059
Overview
Le Mon Industrial Park (IP) is the first centralized industrial park in Thanh Hoa Province, established by the Prime Minister under Decision No. 186/1998/QD-TTg on September 25, 1998. Subsequently, Decision No. 1396/QD-TTg dated October 29, 2001, amended some provisions of the earlier decision.
Located in Quang Hung Ward, Thanh Hoa City, Le Mon IP is designed as a multi-sector industrial park that employs high technology, adheres to international standards, and is environmentally friendly.
Currently, the infrastructure of Le Mon IP has been synchronously and nearly fully developed. Approved project components have been mostly completed. The industrial park has attracted 34 investment projects, creating jobs for approximately 24,000 workers. Its occupancy rate has reached 94%.
Location
Le Mon Industrial Park is located in the eastern area of Thanh Hoa City, Thanh Hoa Province, 5 km from National Highway 1A. This location offers convenient transportation for economic activities and goods transportation.
Infrastructure
Internal Roads
The internal road system is divided into main roads and branch roads.
Main roads: Width of 39 m.
Branch roads: Width of 23 m.
Power Supply
Electricity is supplied to the industrial park from a 110/35/22 kV substation with a capacity of 40 MVA.
High-voltage power lines run along the internal road system within the industrial park.
Public Lighting System
The road lighting network is separate from the residential electricity supply and is located along the traffic routes.
Water Supply
Clean water is provided with a capacity of 5,000 m³/day-night by the water supply plant.
Water is delivered to factory fences through a pipeline system meeting international standards.
Wastewater and Rainwater Drainage System
Drainage systems are arranged along the roads, leading to the park’s treatment station.
Pipeline diameter ranges from D600 mm to D800 mm, employing an automatic drainage system.
Waste Management
Solid waste from factories is classified, collected, and transported to centralized waste disposal sites as regulated by the local authorities.
Wastewater Treatment
A wastewater treatment plant with a capacity of 1,300 m³/day-night is operational.
Telecommunication System
The park ensures sufficient capacity for telephone, broadband ADSL, and fiber optic cable services.
Supported Industries
Le Mon Industrial Park mainly attracts industries such as:
- Mechanical assembly and manufacturing of spare parts and electronic components.
- Consumer goods production and handicrafts.
- Textile and garment industry.
- Food processing and agricultural products.
- Other industrial sectors as permitted.
Labor costs
Le Mon Industrial Park is located in Thanh Hoa City, classified as Zone III. The current minimum wage in Zone III is VND 3,430,000/month.
Social Infrastructure
- Customs Services:Thanh Hoa Customs Office is located near the industrial park.
- Banks:Branches of BIDV, Agribank, Techcombank, Sacombank, and others are available.
- Postal Services:Thanh Hoa Post Office provides modern information technology services, including data transmission, telephone, Internet, and video conferencing.
- Public Transportation:Bus networks connect Thanh Hoa City with Hanoi, Quang Ninh, Hai Phong, and other regions.
- Fire Protection:A modern water supply system and firefighting equipment are installed along the park’s main roads to ensure safety.
- Security:The park offers 24/7 security services.
- Housing:Le Mon Industrial Park includes a residential complex with an area of 1.7 ha, featuring three 5-story apartment buildings. Units are designed with a standard of 26.7 m² for single rooms and 50 m² for double rooms, accommodating up to 15,000 workers when fully completed.
- Healthcare:Thanh Hoa City has 10 hospitals and local medical facilities, ensuring convenient and quality healthcare for workers. Notably, Thanh Hoa General Hospital and Hong Duc General Hospital are located 400 m from the industrial park.
- Education: As the educational hub of the province, Thanh Hoa City has 2 universities, 2 university branches, 10 colleges, and 12 vocational schools.
Investment Advantages
Transportation Infrastructure
Le Mon Industrial Park is near National Highway 1A and the North-South Expressway, as well as Tho Xuan Airport and Le Mon Port. This prime location supports efficient goods transportation, logistics, and trade exchange, significantly reducing time and transportation costs for investors.
Tax Incentives
High-Tech Enterprises:Newly established enterprises in high-tech industries or software development enjoy a 10% tax rate for 15 years, a 4-year tax exemption, and a 50% tax reduction for the next 9 years.
Large-Scale Projects:For significant high-tech investment projects, the 10% tax rate can be extended, but not exceeding 30 years. After the preferential period, the corporate income tax rate is 25%.
Abundant Workforce
Thanh Hoa Province ranks as the third most populous province in Vietnam and features a well-developed training system, meeting investor demands for both workforce quantity and quality.
Competitive Costs
Le Mon Industrial Park offers competitive land rental prices and low labor costs.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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