Hoa Lac High-Tech Park

Hanoi is always a region that provides great development momentum for businesses operating in various sectors within industrial zones. As the center of the northern economy, Hanoi boasts a variety of industrial zones: support industrial zones, export processing zones, high-tech zones,… operating effectively and developing steadily.

In addition, Hanoi always leads the country in attracting foreign direct investment (FDI) along with other provinces such as Bac Ninh, Quang Ninh, Ba Ria – Vung Tau,… The growth of FDI is bringing significant development potential to the industrial real estate leasing segment in Hanoi. Moreover, industrial zones in Hanoi lead in terms of multi-modal connectivity infrastructure, high-quality technical infrastructure, and receive considerable support from the government’s policy direction and local authorities,… With these potentials, Hanoi will continue to be an attractive investment destination for companies looking for industrial land lease opportunities.

Outstanding Advantages of Hoa Lac High-Tech Park in Hanoi’s industrial zone

1. Regional Connectivity of Hoa Lac High-Tech Park in Hanoi’s industrial zone

The land for lease in Hoa Lac High-Tech Park is strategically located on both sides of the Thang Long Avenue, in the districts of Quoc Oai and Thach That, Hanoi. This high-tech park is part of the Hoa Lac satellite urban area, offering excellent connectivity to the capital city’s transportation network and international links.

Situated on the Thang Long Avenue, part of the Lang – Hoa Lac expressway, Hoa Lac High-Tech Park can easily connect the center of Hanoi to the inter-provincial expressways leading to Hoa Binh, Son La, and Dien Bien. It also serves as a key route linking several industrial parks in Hanoi, including the Thach That – Quoc Oai Industrial Park, Bac Phu Cat Industrial Park, and Hoa Lac High-Tech Park.

Leasing land at Hoa Lac High-Tech Park provides businesses with convenient regional links thanks to its location:

• About 6 km from Provincial Road 420, which has been upgraded to include more lanes for smoother traffic.
• Less than 2 km from National Road 21, which connects Hanoi to Hoa Binh, Ha Nam, and Nam Dinh provinces.
• About 60 km from Noi Bai International Airport.
• About 154 km from Dinh Vu Port.
• Close to major leading companies such as Hanwha Aero Engines, Nidec, etc.

2. Scale of land leasing at Hoa Lac High-Tech Park in Hanoi’s industrial zone

Hoa Lac High-Tech Park is part of Hanoi’s industrial zone development project, which has been established and is operating effectively. The project covers a total area of 1,586 hectares, of which 391 hectares are designated for industrial land. The functional sub-zones at Hoa Lac High-Tech Park are scientifically planned, developed synchronously, and specialized, as outlined below:

• Education and Training Zone: Covering 123.53 hectares, this zone provides skilled labor through higher education and vocational training.
• Research and Development Zone: Spanning 263.15 hectares, this zone primarily hosts research and development facilities focused on high-tech innovations.
• Software Zone: With an area of 55.93 hectares, this zone is dedicated to companies involved in software production, business, and information technology.
• High-Tech Industrial Zone: Encompassing 391 hectares, this zone houses factories producing high-tech products, as well as bonded warehouses.
• Central Zone: Spanning 43.14 hectares, this zone provides services and public utilities for the entire Hoa Lac High-Tech Park.
• Mixed-use Zone: Spanning 80.14 hectares, this area offers social infrastructure and utility services.
• Residential Zone: Covering 75.50 hectares, this zone includes high-end residential areas (villas, townhouses, and luxury apartments) and worker housing.
• Entertainment and Sports Zone: With an area of 32.92 hectares, this zone caters to recreational and sports activities for the workforce and nearby residents.

With large and modern land areas for lease, Hoa Lac High-Tech Park not only provides ideal space for production and processing activities but also serves as a hub for product research, high-tech manufacturing processes, and the development of top-quality human resources in the country.

3. Main industries at Hoa Lac High-Tech Park

The core development focus of Hoa Lac High-Tech Park in Hanoi’s industrial zone is on high-tech industries such as information technology, telecommunications, electronics, biotechnology, mechatronics, machinery manufacturing, new materials, and renewable energy.

Specifically, four sectors have been encouraged by the government for development and production, including:

• Information Technology.
• Biotechnology.
• New Materials Technology.
• Automation Technology.

Infrastructure system of Hoa Lac High-Tech Park

• Water Supply System: Water is supplied from the Song Da – Hanoi water supply system, through a pressurized pumping station with a capacity of up to 51,000 m³ per day-night.
• Electricity System: The entire electrical system, including power and lighting, is supplied by a 22kV transformer station.
• Communication System: A 96-core fiber optic cable system.
• Wastewater Treatment: All wastewater is treated at a wastewater treatment plant with a capacity of 42,000 m³ per day-night.
• Solid Waste Management: Solid waste, after being collected on-site, is transported to a centralized treatment facility, all in compliance with the strict environmental regulations for industrial zones in Hanoi.
• Environmental Management: Projects according to scale and type must undergo environmental impact assessments, register to meet environmental standards, and implement measures to achieve clean production and environmentally friendly practices.

Reference land lease prices at Hoa Lac High-Tech Park compared to other industrial zones in Hanoi

Hoa Lac High-Tech Park offers an incredibly attractive land lease policy, with a 4-year tax exemption for businesses and a 50% tax reduction for the next 9 years.

The land lease price at Hoa Lac High-Tech Park ranges from $100 – $104 USD per m², with an additional $0.3 USD per m² (per year) for management fees, which is quite competitive for a prime location in Hanoi’s industrial zones. RSQUARE’s consulting team is ready to provide specific quotes based on the leased area and assist businesses in negotiating deposits. Please feel free to contact us directly via our Hotline: 028 3636 9641 for the best support.