Thai Ha Industrial Park, Ha Nam province

Thai Ha Industrial Park Phase I was approved for the 1/500 detailed construction planning under Decision No. 649/QĐ-UBND dated April 19, 2019, issued by the People’s Committee of Ha Nam province. Subsequently, the project was approved for investment policy under Decision No. 1643/QĐ-TTg dated November 15, 2019, by the Prime Minister, and officially established under Decision No. 2592/QĐ-UBND dated December 4, 2019, by the people’s committee of Ha Nam province. Phase I covers an area of 100 hectares.Thai Ha Industrial Park Phase II was approved for the 1/500 detailed construction planning under Decision No. 1368/QĐ-UBND dated July 12, 2022. The project was later approved for investment policy under Decision No. 179/QĐ-TTg dated February 6, 2024, by the Prime Minister. The total investment capital is VND 976.83 billion. The operational duration of the project is from March 6, 2023, to November 15, 2069.

I. Overview of Thai Ha Industrial Park

Thai Ha Industrial Park is the 8th industrial park in Ha Nam province to receive investment policy approval from the Prime Minister. It is evaluated as one of the industrial parks with the most modern technical infrastructure and strongest investment attraction capability in the province.

Below is an introduction to Thai Ha Industrial Park provided by RSL Group:

• Name: Thai Ha Industrial Park
• Location: Bac Ly commune, Nhan Dao commune, Chan Ly commune, Ly Nhan district, Ha Nam province
• Total area: 200 ha (Phase I: 100 ha; Phase II: 100 ha)
• Operation period: 50 years (2019 – 2069)
• Occupancy rate: 60%
• Investment-attracting industries: mechanical engineering, assembly, automobiles, motorcycles; electrical and electronic manufacturing, telecommunications, information technology; supporting industries, new materials; processing and preservation of agricultural products, food, beverages, and dairy.
• Human resources: Ly Nhan is the most populous district in Ha Nam province with over 190,000 people. Thai Ha Industrial Park can also easily attract a large workforce from neighboring provinces such as Hung Yen and Thai Binh. Ly Nhan district is classified as Zone IV – an economically disadvantaged area, with the lowest regional minimum wage of VND 3,250,000 per worker per month.

II. Location of Thai Ha Industrial Park

Thai Ha Industrial Park is strategically located on the connector route between the Cau Gie – Ninh Binh expressway and the Hanoi – Hai Phong expressway, near the junction between Hung Ha bridge and Thai Ha bridge, which links the three provinces of Ha Nam, Hung Yen, and Thai Binh. It also lies along the planned ring road No. 5 of Hanoi. This location enables extremely convenient access to other provinces and major transport hubs, helping businesses in the industrial park significantly reduce logistics and transportation costs.

Additionally, Thai Ha Industrial Park is part of the planned 2,062-ha Thai Ha Urban Area, offering substantial future development potential. Phase II of Thai Ha Industrial Park is located along the route connecting National Highway 1A to the Cau Gie – Ninh Binh expressway, National Highways 21A and 21B, and the expressway connector road. It also borders the Manh Hung Urban Area along Provincial Road 491 and connects to the route linking Tran Thuong temple with Tran temple in Nam Dinh.

Boundaries

• North: adjacent to provincial road DT.499 (connecting the Cau Gie – Ninh Binh Expressway with the Hanoi – Hai Phong Expressway)
• South: adjacent to industrial land (planned)
• East: adjacent to industrial land (planned)
• West: adjacent to Thai Ha Industrial Park phase I and planned Provincial Road DT.495B

Regional connectivity

• 17 km to Phu Ly City Center
• 10 km to Hung Yen City
• ~1.5 km to Hung Yen Province via Hung Ha Bridge
• ~4 km to Thai Binh Province via Thai Ha Bridge
• 75 km to Hanoi City Center

Transport connectivity

• 12 km to the Cau Gie – Ninh Binh expressway
• 25 km to the Hanoi – Hai Phong expressway
• 79 km to Hai Phong port
• 86 km to Cat Bi airport
• 82 km to Noi Bai International Airport

With this prime location, Thai Ha Industrial Park benefits from exceptional connectivity to major provinces, cities, and economic hubs across the red river delta. This strategic advantage enables businesses operating within the park to shorten transportation time and minimize logistics costs related to materials, goods movement, import, and export.

III. Infrastructure of Thai Ha Industrial Park

• Landscaping: more than 12% of the total area of the industrial park is dedicated to green spaces, with trees planted along internal roads and throughout various functional zones. Grass lawns and public green areas are arranged to enhance the overall environment of Thai Ha Industrial Park. All factory and building construction projects must be approved by the Industrial Park management board.
• Land conditions: average ground elevation: 9 meters. Soil characteristics: compacted, fully leveled.

• Internal road system: the internal traffic network is logically designed to ensure smooth circulation throughout the entire industrial park. Internal roads have widths of 36 m, 32 m, 21.25 m, and 18.25 m. All roads are designed and constructed in strict compliance with national standards and finished with asphalt concrete. The road system is equipped with complete, aesthetic high-pressure lighting.
• Power supply system: electricity is supplied from the Ly Nhan 110/22kV – 126MVA substation. The high-voltage electrical network is installed along the internal road system within Thai Ha Industrial Park.
• Water supply system: clean water is supplied at a capacity of 8,000 m³/day, provided by the central water treatment plant. Water is delivered to each factory boundary through international-standard pipeline systems.
• Wastewater and solid waste treatment: wastewater is collected and treated at the industrial park’s wastewater treatment plant, meeting Standard A of QCVN 40:2011/BTNMT before being discharged into the general drainage system. Total treatment capacity: 5,600 m³/day, with Phase I (2,050 m³/day) already completed. Solid waste must be sorted, collected, and transported out of the industrial park by licensed environmental service providers. Factory emissions must be filtered through systems meeting national standards before being released into the environment.

• Telecommunications system: Thai Ha Industrial Park is equipped with an underground telecommunication cable network, connected to each factory boundary using international-standard wiring. Through the industrial park’s communication center and the national telecom network, all communication needs are fully supported, including: Dedicated PBX systems, International telephone services, Teleconferencing, Leased-line services, High-speed Internet, Email and other digital communication services
• Fire prevention and fighting system: The industrial park is equipped with modern fire detection, prevention, and firefighting systems in full compliance with national safety standards.
• Service Infrastructure: Thai Ha Industrial Park is part of the overall 2,062 ha Thai Ha Urban Area Master Plan. Worker housing areas and commercial–service urban zones are located adjacent to the IP; the planned High-Tech Park is only 3 km away.

As of now, the infrastructure of Thai Ha Industrial Park Phase II has been progressively completed and is ready to welcome investors for site visits and project implementation.

IV. Investment costs in Thai Ha Industrial Park

• Industrial park management fee: 0.5 USD/m²/year, payable annually in the first month of the year.
• Electricity price: according to EVN regulations.
• Clean water price: 0.40 USD/m³, calculated according to the water meter reading.
• Wastewater treatment fee: 0.28 USD/m³. Required quality: pre-treatment water = grade B, post-treatment water = grade A.

V. Investment Incentive Policies of Thai Ha Industrial Park

Enterprises operating in Thai Ha Industrial Park are entitled to the following investment incentives:

• Corporate Income Tax (CIT): investment projects located in Thanh Liem and Ly Nhan districts are eligible for a 20% tax rate for 10 years, 2 years of CIT exemption, and a 50% tax reduction for the subsequent 4 years.
• Import Duty Exemption: exemption of import taxes for a wide range of goods, machinery, equipment, and components.

In addition, the Ha Nam provincial government ensures comprehensive administrative support, including: fast-track administrative procedures, with the Investment Registration Certificate issued within no more than 3 days; maximum support for enterprises seeking to expand production, adjust business activities, or amend their Investment Registration Certificate; assistance in workforce training and supplying high-quality labor; efficient implementation of electronic customs procedures.

VI. Investors in Thai Ha Industrial Park

Thai Ha Industrial Park Phase I has reached a 100% occupancy rate, with over 60% of its projects being FDI investments, totaling more than VND 6,000 billion in registered capital.

This article highlights Thai Ha Industrial Park as a prime investment location for both domestic and international businesses. We believe this information from RSL Group is valuable to our readers.

>> Discover more about potential IPs/ICs in Vietnam here.

VII. RSL Group – leading investment consulting firm

When a business enters the stage of expanding production or building a new factory, there are numerous factors to consider – from selecting the right location, evaluating technical infrastructure, rental costs, and legal procedures to managing logistics, workforce, and supply chain efficiency.
Partnering with a professional consulting firm from the very beginning helps investors save time, costs, and resources while minimizing potential risks.
With nearly 4 years of experience successfully facilitating over 300 DDI and FDI projects totaling more than USD 4 billion in investment capital, Redsunland (a member of RSL Group) has become one of the leading investment consulting firms in Vietnam’s industrial real estate sector.
Thanks to its comprehensive service ecosystem and team of highly experienced consultants, investors partnering with Redsunland benefit from exceptional advantages:

• Access the most competitive prices in the market, along with attractive investment incentive policies.
• Negotiate directly with industrial park developers on behalf of investors regarding pricing, procedures, and all investment-related matters, while assisting in resolving legal issues and supporting factory design and construction.
• Offer financial solutions with funding packages covering up to 80% of land and machinery value and 100% of factory and working capital costs.

Contact RSL Group today for detailed consultation on investment opportunities at Thai Ha Industrial Park.

RSL Group – Comprehensive investment promotion solutions

Selecting the appropriate consulting partner is crucial for a successful investment in Vietnam. RSL Group, with an experienced team, extensive property portfolio, and comprehensive service ecosystem, is dedicated to providing optimal investment solutions for our clients.

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