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Thanh Hoa · Vietnam

Industrial ClusterQuang Yen

A production base for a new generation of investors

  • Prime location
  • Land-use certificate issued
  • Frontage on National Road 45
LocationQuang Yen · National Road 45
Thanh Hoa Province
Scale60 ha · 5 zones
42 ha industrial land for lease
Open to investorsQ4 2026
Lease term until 2076
DeveloperDai Loc Real Estate Investment Trading Co., Ltd.Member of the Tan Dong Hiep Group ecosystem

Project overview

Industrial ClusterQuang Yen

On the National Road 45 corridor

Established under Decision 4036/QD-UBND, amended by 4235/QD-UBND. The 1/500 detailed plan received its second partial adjustment under Decision 707/QD-UBND on 15 Sep 2025. A land-use rights certificate for 597,280.4 m² has been issued for 50 years from 14 Jan 2026.

Electronics – Telecoms – IT

Electronics, telecoms, IT, watches (C26); software (J58200)

Mechanical – Electrical – Supporting

Mechanical engineering, electrical machinery, parts (C28); electrical equipment (C27); supporting components (C32900)

Textiles – Footwear – Furniture

Textiles excl. dyeing (C13), garments (C14), footwear (C15200); wood, rattan, bamboo (C162); furniture (C31001)

Processing – Medical – Materials

Agro-food processing (C10); medical devices (C32501); building materials (C239); packaging; plastics & composites

Illustrative rendering – CN-01 … CN-05
Illustrative rendering
600,000m²

Total area

Equivalent to 60 ha

420,000m²

Industrial land

70% of total area

50years

Lease term

Until 2076

5,000m²

Minimum plot

70% building coverage

Max. building height ≤ 19 mFloor area ratio 2.1Lease processing 60 daysLand-use certificate 50 years

Strategic location

One destinationFour gateways

Road · Rail · Sea · Air

  • National Road 45Frontage—
  • Quang Xuong centre7 km12 min
  • National Road 1A8 km13 min
  • North–South Expressway9.5 km14 min
  • Thanh Hoa City centre13 km26 min
  • Thanh Hoa Railway Station14.5 km26 min
  • Tho Xuan Airport38 km47 min
  • Nghi Son Port68 km1 h 15

Distances measured along existing roads.

Investment context

Thanh HoaIn numbers

Updated 2026

Vietnam's third most populous province, served by all five modes of transport. 2026 targets: GRDP growth of at least 11%, with industry and construction growing 14% and making up 50.7% of the economy.

4.2million

Population

Third largest in Vietnam

67%

Of working age

Young, abundant workforce

8.27%

GRDP growth 2025

7.21% in H1 2026

34,200bn VND

Budget revenue H1 2026

Highest in North Central region

2,265

New businesses H1 2026

Up 29% year on year

64

Investment projects H1 2026

VND 11,395 bn registered

12

FDI projects H1 2026

USD 137.2 m registered

69,300bn VND

Capital disbursed H1 2026

Up 8.1% on H1 2025

Source: Thanh Hoa Statistics Office, Department of Finance, Department of Industry and Trade — figures published in 2026.

1/500 detailed plan

MasterSite plan

Approved land use structure

60 ha597,280.4 m²
  • Industrial land70.4%
  • Roads & parking15.7%
  • Green space10.4%
  • Technical infrastructure1.9%
  • Public & admin1.6%
70%Building coverage
2.1Floor area ratio
≤ 19 mBuilding height
Master land use plan · Decision 5199/QD-UBND · 11 Nov 2022

Master land use plan · Decision 5199/QD-UBND · 11 Nov 2022 · Open full-size plan

Technical infrastructure

InfrastructureTo the plot boundary

Tenants only connect within their own plot

Water supply

From An Binh Water Plant, Quang Van commune (Decision 3324/QD-UBND).

10,000 m³/day

Power

Medium-voltage line runs directly through the site for easy connection.

110 kV Nui Mot substation · 2 × 63 MVA

Wastewater treatment

Central plant on site; wastewater estimated at 80% of water supplied.

1,100 m³/day

Drainage

Separate underground systems for stormwater and wastewater.

Independent systems

Fire protection

Hydrants along every internal road.

Meets current QCVN standards

Telecoms & green space

Underground fibre; green space and water surfaces to standard.

61,882 m² green space · 10.4%

36.0 m

Main road 1-1

2 × 12 m carriageway · 2 m median

20.5 m

Branch road 2-2

10.5 m carriageway · 5 m sidewalks

42.0 m

National Road 45

19 m carriageway · project frontage

Internal road cross-sections · 1/500 plan

Internal road cross-sections · 1/500 plan

Illustrative rendering
Illustrative rendering

Target industries

30+ industry groupsPermitted

Under Decision 4235/QD-UBND of 23 Oct 2024 by Thanh Hoa Provincial People's Committee, Quang Yen is a general multi-sector cluster, with a much wider scope of permitted activities than a typical industrial cluster.

Electronics – Telecoms – IT

Electronics, telecoms, IT, watches (C26); software (J58200)

Mechanical – Electrical – Supporting

Mechanical engineering, electrical machinery, parts (C28); electrical equipment (C27); supporting components (C32900)

Textiles – Footwear – Furniture

Textiles excl. dyeing (C13), garments (C14), footwear (C15200); wood, rattan, bamboo (C162); furniture (C31001)

Processing – Medical – Materials

Agro-food processing (C10); medical devices (C32501); building materials (C239); packaging; plastics & composites

See the full list

22High-tech and environmentally friendly groups

Electronics, telecoms, IT, watches (C26) · Software (J58200) · Building materials, tiles, gypsum (C239) · Electrical machinery and parts (C28) · Household and industrial electrical equipment (C27) · Supporting components (C32900) · Mechanical engineering and machinery repair · Precision manufacturing · Ceramics (C23) · Forest products, wood, rattan, bamboo (C162) · Furniture and office equipment (C31001) · Consumer goods, plastic and metal (C32900) · Textiles excl. dyeing (C13) · Garments (C14) · Footwear (C15200) · Sports goods (C32300) · Toys (C32400) · Jewellery (C32900) · Agro-forestry-fishery and food processing, animal feed (C10) · Medical devices (C32501) · Packaging (C16230, C17021, C22201) · Plastics and composites (C32900)

02Groups limited to ≤ 10% of area

Warehousing, storage and sorting centres (F429) · Handicrafts and gifts (C329)

09Groups permitted with conditions

Gas filling (D3520) · Chemicals (C2011x) · Glass and crystal (C23) · Paint (C20221) · Pharmaceuticals (C21002) · Beer (C11030), beverages (C1104) · Medicines (C21001) · Printing (C18110) · Printing ink (C20222)

Products

Three formatsOne starting point

Flexible to each investor's scale and schedule

Industrial land

  • Plots serviced to the boundary fence
  • For investors with their own line design who want full control of construction
  • Large plots can be split or combined
From 5,000 m² · 70% coverage

Build-to-suit factory

  • Developer helps select designers, contractors and supervisors to optimise cost
  • Investor is involved from design through handover
  • Structure tailored to each industry
Custom design · Full supervision

Ready-built warehouse

  • Completed warehouse in a private compound with parking
  • Spare land in the compound for expansion
  • Faster start of operations
Flexible sizes · Immediate handover

Costs & incentives

CostStructure

Transparent enough to budget straight away

Every cost across the lease cycle is published, so investors can prepare a budget immediately.

Land lease

USD 90/m²

For the full lease term · paid by milestone, flexible terms

Infrastructure management fee

VND 19,500/m²/year

Maintenance, charged on total leased area

Wastewater treatment

VND 14,500/m³

Based on registered discharge capacity

Clean water

Local tariff

At the water supplier's prevailing tariff

Electricity

EVN tariff

Production tariff by normal / off-peak / peak hours

Green energy

Rooftop solar

Support to invest in and use solar power at a lower production cost

Investment incentives

  • Land rent: production projects in the cluster are exempt from land rent under local policy and receive other incentives under the law
  • Corporate income tax: incentives for new investment projects under current regulations
  • Procedures: fast administration and business-friendly authorities

Developer support

  • Flexible payment schedule aligned with each project's progress
  • Support with all legal procedures: investment incentives, investment certificate, construction permit, land-use certificate
  • Specific incentives depend on industry, capital and headcount — the project management board advises case by case

2026 unit prices are approved; prices are revised annually with official notice.

Legal & timeline

Land-useCertificate issued

50 years from 14 Jan 2026

All foundational legal documents are complete. The land-use rights certificate covers parcel 1287, map sheet 12, industrial cluster land (SKN).

Project milestones

  1. Cluster established

    Decision 4036/QD-UBND

  2. Investment certificate

    Project code 8453112087

  3. 1/500 plan

    Decision 5199/QD-UBND

  4. 2nd plan adjustment

    Decision 707/QD-UBND

  5. 50-year land lease

    Land-use certificate issued

  6. Site handover

    Cleared site handed over for construction

  7. Site levelling

    In progress

  8. Groundbreaking

    First agreements with secondary investors

Investment process

Eight steps60 days

From deposit to signed lease — counted from receipt of a complete file

  1. Deposit for land / factoryDai Loc & client
  2. Investment project registrationClient & local authority (Dai Loc supports)
  3. Business registrationClient & registration office
  4. Sign lease contractDai Loc & client
  5. Land / factory handoverDai Loc & client
  6. Construction permitClient & contractor (Dai Loc supports)
  7. Build the factoryClient
  8. Land-use certificateClient & land authority (Dai Loc supports)

Tan Dong Hiep ecosystem

An experienced industrial developer that has filled multiple projects nationwide and attracted multinational groups.

Abundant workforce

2.6 million workers, nearly 73% trained, about 11,000 newly trained each year.

Dynamic investment climate

Over 21,000 active businesses and USD 14.6 bn of valid FDI from 20 countries.

Connected regional infrastructure

All five modes of transport, next to large, growing residential areas.

Project news

Groundbreaking20 Oct 2026

Quang Yen Industrial Cluster officially breaks ground

On the morning of 20 October 2026, Tan Dong Hiep Group held the groundbreaking ceremony for Quang Yen Industrial Cluster in Quang Yen commune, Thanh Hoa Province, attended by local leaders, partners and secondary investors. The developer signed cooperation agreements with its first secondary investors at the ceremony.

Quang Yen Industrial Cluster groundbreaking video · Watch on YouTube

Ceremony photos

Developer capability

Tan Dong HiepGroup

Lasting projects – a solid future

Founded in 1990, Tan Dong Hiep is now a multi-sector group with more than twenty member companies. Quang Yen Industrial Cluster is developed directly by Dai Loc Real Estate Investment Trading Co., Ltd., a member of the Tan Dong Hiep ecosystem.

35+years

Development experience

Operating continuously since 1990

20+

Ecosystem members

Multi-sector, nationwide

Business lines

  • Industrial parks and clusters
  • Residential and commercial real estate
  • Logistics, food, education
  • Finance and M&A, agriculture

Financial capacity

10,000bn VND

Total assets

Group, member companies and portfolio

1,000ha

Land bank

Across many provinces

420bn VND

Quang Yen capital

Registered project investment

FDI

Partnership commitments

From international groups and financial institutions

Why it matters for secondary investors

Proven park operator

Industrial parks developed by the Group in southern and northern Vietnam are fully occupied — we understand factory connection and operating needs.

Infrastructure that gets finished

Over VND 10,000 bn in assets and a 1,000 ha land bank — the capacity to deliver infrastructure on the committed phases.

A ready ecosystem

More than 20 members in logistics, cold storage, food, education and housing.

End-to-end procedures

Support from investment incentives and certificates to construction permits and land-use certificates.

Towards carbon neutrality

Agreement with SEP Group of a Korean national university of technology to develop a carbon-neutral cluster — opening the way to carbon credits and tax incentives.

Reputation and network

Group leaders hold executive roles in major business associations, easing partner and government engagement.

Quang Yen Industrial Cluster

Speak directlyWith the project team

Leave your details and the project management board will send the project profile, plot options and a quotation that fit your needs.

  • Project hotline+84 90 552 9280
  • Site officeLot NDH – Quang Yen Industrial Cluster, Phu Ninh hamlet, Quang Yen commune, Thanh Hoa Province
  • Ho Chi Minh City office30–32 Tran Khanh Du, Tan Dinh Ward
    Lot CC-01, Road No. 4, Tan Dong Hiep B Industrial Park
TrustedTransparent legal status
SupportiveEnd-to-end procedures
EfficientLease signed in 60 days
Sustainable10.4% green space

Get pricing & project profile

FAQ

Frequently askedQuestions

How much does land cost at Quang Yen?

Land lease is USD 90/m² for the full term (until 2076), paid by milestone. The infrastructure management fee is VND 19,500/m²/year; wastewater treatment VND 14,500/m³; power at EVN tariff; water at the local tariff. These are 2026 prices and may be revised annually.

What is the minimum plot size?

5,000 m². Larger plots can be split or combined; building coverage 70%, floor area ratio 2.1, maximum height 19 m.

Does the project have a land-use rights certificate?

Yes. The certificate covers parcel 1287, map sheet 12, 597,280.4 m² of industrial cluster land (SKN), for 50 years from 14 Jan 2026.

When can I take over land?

Phase 1 (about 40 ha) infrastructure completes before Dec 2026 and the cluster welcomes investors from Q4 2026. Phase 2 (about 20 ha) is in use before Dec 2027.

How long from deposit to signed lease?

About 60 days from receipt of a complete file, following an eight-step process. Dai Loc supports investment registration, construction permits and the land-use certificate.

Is my industry permitted?

Quang Yen is a general multi-sector cluster with 30+ industry groups under Decision 4235/QD-UBND. Some activities such as chemicals, paint, pharmaceuticals, beer and printing are permitted with conditions. Send us your industry code to check.

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