Hoa Phu Industrial Park - The destination of success

November 12, 2018 | 09:20

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Hoa Phu Industrial Park located in the northern province of Bac Giang’s Hiep Hoa district is an ideal destination for domestic and foreign investors thanks to its favourable location, synchronous infrastructure, incentive policies, and investment support.

hoa phu industrial park the destination of success

The perspective of Hoa Phu Industrial Park

Hoa Phu IP is located at the intersection of the main traffic axes of the northern key economic region, bordered by Hanoi, Bac Ninh, and Bac Giang, and is easily accessible through a multitude of international commercial gateways – by air, by sea, and by road alike.

Hoa Phu IP is located on the provincial Road 295, 35 kilometres from the centre of Hanoi (35 minutes of travel), 45km from the administrative centre of Bac Giang province (45 minutes), 25km to Noi Bai International Airport (20 minutes), 120km to Haiphong Port (2 hours), 135km to Cai Lan Seaport in Quang Ninh (2.5 hours), and 150km to the Huu Nghi-Lang Son international border gate (3.5 hours).

The first phase of Hoa Phu IP covers an area of 207ha and has been invested by Phu My Group. With nearly 20 years of experience in investing, trading, and constructing industrial infrastructure, especially with the success of Phu Nghia IP in Chuong My district, Phu My Group is dedicated to developing Hoa Phu IP in a synchronous, modern, sustainable fashion to make it an ideal destination for investors. Parallel with the investment in Hoa Phu IP, Phu My Group is continuing to invest in Binh Phu IP, Ky Son district of Hoa Binh province, on an area of about 300ha.

The trasportation map of Hoa Phu IP

Hoa Phu IP, with Hiep Hoa district’s administrative advantages, also offers more preferential investment incentives than neighbouring IPs. Investment projects in Hoa Phu IP are entitled to access preferential policies on the exemption or reduction of land rent, corporate income tax, as well as import tax to create fixed assets.

Hoa Phu IP has all the makings of a "golden destination" and is expected to be a rising star of the Vietnamese investment scene in the years to come.

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