Located on National Highway 18, in Cong Hoa Ward, Chi Linh City (Hai Duong), Cong Hoa Industrial Park (IP) has a total area of 201 hectares invested by Vietnam Rubber Industrial Park and Urban Development Joint Stock Company with a total capital of 1,081 billion VND.
Cong Hoa Industrial Park has attracted 11 projects with a total investment capital of over 200 million USD.
Due to its prime location, located in the center of the Northern key economic region with the economic triangle of Hanoi - Hai Phong - Quang Ninh, along with synchronous and systematic investment in technical infrastructure, recently, Cong Hoa Industrial Park has become a bright spot in attracting investment in Hai Duong province.
From 2019 to now, Cong Hoa Industrial Park has attracted 7 investment projects, bringing the total number to 11 projects with a total registered capital of more than 200 million USD, with an occupancy rate of over 60%. In particular, in 2022, this Industrial Park has attracted 3 new projects, including 2 projects with foreign direct investment (FDI) with a total investment of nearly 800 billion VND. This is the Industrial Park that has attracted the largest number of new projects among the 11 Industrial Parks in operation this year. Currently, these projects are being supported by infrastructure investors to complete legal procedures to come into operation in 2023.
Many foreign enterprises have chosen Cong Hoa Industrial Park as a place to "settle down and make a living".
Over the years, Cong Hoa Industrial Park has always identified technical infrastructure as a key factor in the investment decisions of enterprises. Therefore, from 2018 to present, the investor of this Industrial Park has prioritized the construction and completion of synchronous technical infrastructure. Currently, the entire electricity and clean water systems have been upgraded and renovated to absolutely ensure the needs of enterprises. Internal traffic routes are also designed appropriately, convenient for transporting goods and traveling of workers. With a capacity of 2,000 m3/day and night, the wastewater treatment plant always operates effectively, contributing to minimizing environmental pollution.
The traffic system in Cong Hoa Industrial Park is well-built and synchronous, making it convenient to transport goods and travel.
Up to now, Vietnam Rubber Industrial Zone and Urban Development Joint Stock Company has invested more than 600 billion VND to build infrastructure of Cong Hoa Industrial Zone. Currently, the unit is urgently leveling the surface of lots B6, B7 with an area of 34 hectares, with a total implementation cost of 140 billion VND to welcome new projects. In particular, Cong Hoa Industrial Zone is built according to the model of high-tech, modern industrial zone in accordance with international standards, environmentally friendly, so it is ready to meet all the needs of secondary investors. Mr. Pham Trung Thai, Chairman of the Board of Directors of Vietnam Rubber Industrial Zone and Urban Development Joint Stock Company, said that in addition to focusing on synchronous and modern infrastructure, the enterprise is always interested in supporting secondary investors in legal procedures, quickly handling recommendations, helping enterprises stabilize production and business activities.
Currently, Vietnam Rubber Urban and Industrial Park Development Joint Stock Company is researching to expand the industrial park with a scale of 350 hectares in both phases to be ready to receive large projects and investors. With abundant land fund and synchronous technical infrastructure, Cong Hoa Industrial Park is attracting the attention of many foreign enterprises. In 2023, this industrial park is expected to attract 5 new projects, increasing the occupancy rate to 100%.
PV