Dong Van 4 Industrial Park - Ninh Bình

Overview of Dong Van 4 Industrial Park – Ninh Binh

Viglacera Corporation, as the main investor, established Dong Van IV Industrial Park through the decision No. 1778/QD-UBND of Ninh Binh province in 2016. It covers an area of 600 hectares with a total investment of 1,910 billion VND.
The project is divided into two phases and is developed in the districts of Nhat Tan, Dai Cuong, and Nhat Tuu, Kim Bang district, Ninh Binh province.

Commencing on November 11, 2016, the first phase of development will encompass an area of 300 hectares. As the largest industrial park in the province at the present time, Dong Van IV Industrial Park aims to become a multi-sector industrial park with advanced and environmentally-friendly technologies.

The industrial park designs and constructs its technical infrastructure in a synchronized and standardized manner, meeting the requirements of secondary investors. It plays a significant and important role, acting as a driving force with substantial ripple effects in the industrialization and modernization process, not only in Ninh Binh province but also nationwide.

Within just 4 years of operation, the industrial park has become a destination for many major domestic and foreign brands, including Anam Electronics, Masan Group, and Kortek Corporation. Up to now, Dong Van IV Industrial Park has attracted over 45 secondary enterprises to lease land.

Infrastructure of Dong Van 4 Industrial Park – Ninh Binh

Internal transportation:

• The smart industrial road traffic system allows for easy movement.
• Streetlights are installed along the central road.
• The central road and branch roads are spacious, measuring 36m and 24m respectively.

Electrical system:

A 110/22KV transformer station with a capacity of 2x63MVA supplies electricity from the national power grid.

Public lighting system:

The designers have separately designed the street lighting network from the residential power supply system and have arranged it along the traffic axes.

Water system:

Water is supplied from a clean water plant with a capacity of 12,000m3/day-night.

Wastewater and stormwater system:

• The stormwater and wastewater systems (including industrial wastewater and domestic wastewater) are constructed separately.
• The system collects stormwater and discharges it into rivers within the area.
• The industrial wastewater treatment plant receives and treats the collected wastewater.

Waste treatment:

The factories in the industrial park will sign contracts with waste classification, collection, and transportation units to remove waste from the park and prevent environmental pollution.

Wastewater treatment:

Investors have made a total investment of 24 billion VND in the modern wastewater treatment plant, which initially has a capacity of 2,000m3/day-night and will increase its capacity as the infrastructure is completed.

Communication system:

• The telecommunications system meets international standards and is ready to meet all communication needs.
• The underground fiber optic cable system directly connects to each enterprise’s premises along the perimeter fence.

Industries attracting investment in The Industrial Park:

• Mechanical engineering, assembly, automobile, and motorcycle manufacturing
• Electrical, electronics, telecommunications, information technology
• Supporting industries and new materials
• Other supporting industries.

Advantages of investing in Industrial Park:

Labor cost of Dong Van 4 Industrial Park – Ninh Binh

• Dong Van IV Industrial Park is located in Kim Bang district, belonging to Zone III.
• As a result, the minimum wage in Zone III stands at 3,430,000 VND per month.

Investment incentives:

• Corporate income tax is 20%.
• Exempt from corporate income tax for the first 2 years.
• 50% reduction for the following 4 years.

Advantages:

Convenient location:

• Dong Van III Industrial Park is adjacent to National Highway 1A, which is a vital transportation route in the country, and it is also close to the capital city of Hanoi and the coastal provinces of the North Delta.
• This makes it highly convenient for transportation and trade.
• From Dong Van, taking National Highway 38 and crossing the Yen Lenh Bridge, one can quickly reach Hung Yen, Hai Phong, and Quang Ninh.
• The national fiber optic cable runs along National Highway 1A, passing through the industrial park, providing excellent telecommunication conditions.
• It also connects to the North-South Expressway, National Highways 21A, 21B, and 38.

Abundant labor force:

• Ninh Binh province has a population of approximately 1.5 million, with 65% of them being laborers under the age of 35.
• This is an abundant labor force, along with labor from neighboring provinces, which can fully meet the needs of businesses within the industrial park.

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