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No.369/QD-UB dated February 8, 2002 of Haiphong People's Committee on issuance of local incentives,
Article Index
No.369/QD-UB dated February 8, 2002 of Haiphong People's Committee on issuance of local incentives,
Page 2
 

Appendix I:  Land unit prices applicable to FDI project located outside industrial zones and export processing zones in the territory of Haiphong

Attached to Decision 369/QD-UB dated 8 Feb 2002 of Haiphong People's Committee

Land category and areas

Land rental under decision 189/2000/QD-BTC (USD/m2/year)

Preferential land rental (USD/m2/year)

Remarks

(for applicable coefficients)

Areas prescribed in Appendix III

0,06 - 0,36

0,06 - 0,12

Maximum coefficient of location is 2; of infrastructure is 1.

Rural districts: An Hai, An Lao, Kien Thuy, Thuy Nguyen

0,06 - 0,36

0,06 - 0,18

Maximum coefficient of location is 2; of infrastructure is 1.5; of business fields is 1.

Communes adjacent to urban areas in particular

0,10 - 0,6

0,10 - 0,45

Maximum coefficient of location is 3; of infrastructure is 1.5; of business fields is 1.

Do Son Town

0,80 - 9,60

0,8 - 3,6

Maximum coefficient of location is 3; of infrastructure is 1.5; of business fields is 1.

Urban district of Kien An

0,80 - 9,60

0,1- 0,45

Maximum coefficient of location is 3; of infrastructure is 1.5; of business fields is 1.

Urban districts: Hong Bang, Le Chan, Ngo Quyen, Wards: Hung Vuong, Quan Toan (Hong Bang)

0,80 - 9,60

0,80 - 9,60

0,80 - 9,60

0,80 - 4,8

Maximum coefficient of location is 3; of business fields

 

Appendix II: Levels of exemption from land rentals applicable to FDI projects in Haiphong

Attached to Decision 369/QD-UB dated 8 Feb 2002 of Haiphong People's Committee

Land rental exemption Duration (years)

Conditions for being offered preferential treatments (at least one of the following conditions must be matched by projects)

15 years

Project investing in areas prescribed in Appendix III;

Production for export of more than 70% of products;

Breeding of aquatic products;

Processing of agricultural products, aquatic products for export at least 50% of products; Production and application of info-tech, bio-tech, new materials;

12 years

Production and export over 60% up to 70% of products;

Shipbuilding; manufacture of nautical equipment and equipment serving shipbuilding industry;

Production of equipment, spare parts for vessels, fishing boats;

Production of machinery, spare parts for engines, hydraulics and compressing machines;

Metallurgy, production of steel billets, alloy steels, special metals;

Manufacture of machining tools;

Production of heavy duty lifting equipment of from 10-ton capacity upward;

Production of raw materials, ancillary materials for foot-wears and garments for export;

Social welfare projects (public health, education and training, culture);

9 years

Projects in the list of specially encouraged investment projects and the list of encouraged investment projects under Decree 24/2000/ND-CP of the Government.

7 years

Production and export over 40% to under 50% of products;

Investment capital of over USD 5 million;

Project employing over 400 to 500 employees;

5 years

Production and export over 30% to 40% of products;

Investment capital of over USD 4 million to USD 5 million;

Project employing over 300 to 400 employees;

4 years

Investment capital of over USD 3 million to USD 4 million;

Project employing over 200 to 300 employees;

3 years

Investment capital of over USD 2 million to USD 3 million;

Project employing over 100 to 200 employees;

 

Investment incentives

Brief of 8 investment incentives offerred by the People's Committee of Haiphong

1. Preferential land rental and exemption of land rental:

Land rental shall be flexibly applied at lowest and most favorable rates. Land lease may be exempt from rental for up to 15 years.

2. Compensation and relocation; site clearance; detection and clearance of explosive objects and mines:

The People's Committee of Haiphong shall organize the implementation of compensation, relocation, site clearance, and completion of the procedure for leasing land and the cost shall be born by the People's Committee of Haiphong from 50 to 100%.

Cost of detection and clearance of explosive objects and mines shall be born by the People's Committee of Hai Phong.

3. Support cost for site leveling:

Cost of site leveling shall be partially subsidized by the People's Committee of Haiphong up 25% depending on existing conditions of the site.

4. Construction of technical infrastructure facilities to boundary of the site

The People's Committee of Haiphong shall be partially subsidized by the People's Committee of Haiphong up to 25% depending on existing conditions of the site.

5. Labor training support:

Labor recruited by FDI projects will be trained free of charge at local vocational training centers.

In case FDI projects train labor for themselves, cost for labor training might be partially subsidized up to 30% by the People's Committee of Haiphong.

6. Shorten project appraisal time:

Time for project appraisal is from 3 to 5 days.

7. Single price policy/ non-discrimination price policy

All kinds of fee and price such as drinking water, raw water, waste collection, construction fees and charges will be equally applied to FDI projects and local enterprises.

8. Other financial support:

Investment owner will be assisted financially in preparing project documents up to 20 million Vietnamese dongs per project after investment license is granted.

Source: Hai Phong city - industries & investments, Vietnam (Hai Phong city website)

http://www.haiphong.gov.vn


 

 

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