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No. FACT-18122
For sale: Paper Manufacturing Plant in Bau Bang IP
- Price: $25 million
- Area: 176.000 SQM
Information | |
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Operating time: 2013 - 2063 | Total Area: 524.92 Ha |
Infrastructure investors: VID Thanh Hoa,Tan Phuc Hung Group J.S.C,HUD4 Construction Investment J.S.C | Price: 50 USD/m2 |
Building density: 60% | Occupancy: 60% |
Address: Bim Son town, Thanh Hoa Province |
The Prime Minister approved Decision No. 1107/QD-TTg on August 21, 2006, outlining the development plan for Vietnam’s industrial parks until 2015, with a vision towards 2020, which includes Bim Son Industrial Park Thanh Hoa Province as one of the eight industrial parks. It is also part of the adjusted development plan for industrial parks in Thanh Hoa Province until 2020, stated in Official Letter No. 2269/TTg-KTN on November 13, 2014, with the objective of building and developing a multi-sector concentrated industrial park.
The People’s Committee of Thanh Hoa Province approved the detailed plan for Bim Son Industrial Park in Decision No. 1471/2005/QD-UBND on June 2, 2005, with an initial planned area of 540 hectares.
The Bim Son Industrial Park has undergone multiple adjustments, resulting in a current total area of 524.92 hectares. It is divided into two zones, namely Zone A and Zone B. The investment in the technical infrastructure of the industrial park is undertaken by three entities.
The technical infrastructure of Bim Son Industrial Park is invested by three infrastructure investors, including:
Zone A – Bim Son Industrial Park:
Established officially in Decision No. 3187/QD-UBND on August 22, 2018, by the Provincial People’s Committee, with an area of approximately 308.63 hectares, assigned to two infrastructure investment companies as the main investors:
Zone B – Bim Son Industrial Park:
Developed by HUD4 Construction Investment Joint Stock Company as the infrastructure investor and officially established in Decision No. 603/QD-UBND on March 1, 2011, by the Chairman of the Provincial People’s Committee, with an adjusted planned area of 216.29 hectares.
Bim Son Industrial Park is located in Bim Son town, Thanh Hoa Province.
The industrial park is situated in the northern part of Thanh Hoa Province, adjacent to National Highway 1A, and it is traversed by the North-South railway. It enjoys a convenient geographical location, being close to Bim Son town, Thanh Hoa Province.
The location offers advantages in terms of electricity and water supply, transportation, and services. Additionally, it is easy to attract skilled labor with low costs. Compared to other industrial parks in northern Vietnam, the infrastructure investment is much lower.
Master plan map of Bim Son Industrial Park – Thanh Hoa Province – TTTFIC Group
VID Thanh Hoa Investment Development Joint Stock Company undertakes the project as the investor for the investment, construction, and infrastructure development of North Zone A in Bim Son Industrial Park, Thanh Hoa.
They were initially granted the Investment Registration Certificate (IRC) No. 26221000171 on December 18, 2013, and the third adjustment certificate No. 5470102643 on September 6, 2018.
The planned area of the industrial park is 163 hectares, with a total investment capital of 886.5 billion VND. So far, the actual capital invested in the project has reached approximately 450 billion VND.
Tan Phuc Hung Corporation is the investor undertaking the project for investment, construction, and infrastructure development of South Zone A in Bim Son Industrial Park, Thanh Hoa.
Tan Phuc Hung Corporation received the initial IRC No. 26221000138 on February 8, 2013, and the first adjustment certificate No. 3750277445 on December 11, 2017.
The planned area after multiple adjustments is 145 hectares, with a total investment capital of 516.7 billion VND.
The actual capital invested in the project has reached approximately 450 billion VND. The project has implemented infrastructure construction on an area of approximately 130 hectares.
HUD4 Investment and Construction Joint Stock Company is undertaking the project to construct, exploit, and manage the infrastructure in Zone B of Bim Son Industrial Park.
HUD4 Investment and Construction Joint Stock Company obtained the Investment Registration Certificate (IRC) No. 26221000040 on September 24, 2008, and received the second adjustment certificate on May 5, 2015.
The total investment capital of the project is 547 billion VND, and the actual capital invested has reached approximately 380 billion VND.
Internal transportation:
The main roads and branch roads divide the internal transportation system. Heavy-duty asphalt concrete structures are used in the construction of the roads.
Electricity system:
Public lighting system:
Water system:
Wastewater and rainwater drainage system:
Waste treatment:
Wastewater treatment:
Communication system:
Master plan map of Bim Son Industrial Park – Thanh Hoa Province – TTTFIC Group
Corporate income tax:
Import-export taxes:
Foreign tax payment:
Value-added tax (VAT):
Up to now, Bim Son Industrial Park has attracted 52 projects. This includes 29 domestic direct investment projects with a total registered capital of 7,076.5 billion VND. Additionally, there are 23 foreign direct investment projects with a total registered investment capital of 375.6 million USD.
The secondary projects have occupied an area of approximately 216.61 hectares (filling more than 60% of the available industrial land for lease).
In recent years, the investment attraction in Bim Son Industrial Park has been remarkable. Particularly notable are the large-scale foreign investment projects, such as the consortium led by Shandong Intco Group – Singapore. This consortium has a total investment capital of 215 million USD, and it is projected to increase to 322 million USD by the year-end. The consortium includes Intco Medical Vietnam Factory with a capital of 120 million USD, Intco Vietnam Nitrile Glove Manufacturing Plant with a capital of 70 million USD, and an environmentally friendly decorative product manufacturing project with a capital of 25 million USD.
Additionally, there is the Radial Car Tire Manufacturing Plant project with a total investment capital of 63.7 million USD.
Business activities:
Local labor supply:
Labor supply in the region:
Labor cost:
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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No. FACT-18977
No. WARE-18793