Dong Van II Industrial Park - Ninh Binh

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Information
Operating time: 2006 - 2056
Total Area: 321 Ha
Infrastructure investors: Ninh Binh Development Joint Stock Company
Price: 70 USD/m²
Building density: 65%
Occupancy: 94.92 %
Address: Dong Van Ward, Ninh Binh Province, Vietnam

Overview about Dong Van II Industrial Park – Ninh Binh

The Chairman of the People’s Committee of Ninh Binh Province issued Decision No. 335/2006/QD-UBND on March 22, 2006, establishing and approving the project for Dong Van II Industrial Park – Ninh Binh .The total area of the industrial park is 263.82 hectares.

Decision No. 650/QD-UBND dated June 30, 2014, of the People’s Committee of Ninh Binh Province, regarding the approval of partial adjustments to the detailed construction plan at a 1/500 scale (second revision) for the expanded Dong Van II Industrial Park. The total area of the industrial park is increased to 321 hectares.

Operating duration:

  • Until October 2056: For projects granted Investment Certificate according to Document No. 205/TTg-CN dated February 28, 2005, by the Prime Minister.
  • Until January 2063: For projects granted Investment Certificate according to Document No. 1990/TTg-CN dated November 1, 2010, by the Prime Minister.

Geographical location:

Ninh Binh Development Joint Stock Company is the investor responsible for the construction and operation of the industrial park infrastructure.

Dong Van II Industrial Park is located in Dong Van town, Duy Tien district, Ninh Binh province.

The industrial park is adjacent to Hanoi and is connected to National Highway 1A, which is a vital transportation route in the country. It has a clear advantage in terms of road connectivity with Hai Phong Port and Noi Bai International Airport, making it convenient for businesses involved in import-export activities and transportation of raw materials.

Investment situation in Dong Van II Industrial Park – Ninh Binh

Currently, Dong Van II Industrial Park has attracted 95 investors, including 74 foreign direct investment (FDI) projects mainly from South Korea, Japan, Germany, and the United States.

The total investment capital for FDI projects is 1,197.065 million USD, and there are 21 domestic direct investment (DDI) projects with a total investment capital of 2,598.47 billion VND. Dong Van II Industrial Park attracts investors and creates job opportunities for thousands of local workers, promotes economic growth, and increases revenue for the provincial budget through investment projects within the industrial park.

To date, Dong Van II Industrial Park has filled 92.9% of its total area with a significant number of domestic and foreign investors, including major corporations such as Honda, Sumitomo, Cargill, and Ace Technology.

Master plan map of Dong Van II Industrial Park - Ninh Binh  - TTTFIC Group
Master plan map of Dong Van II Industrial Park -Ninh Binh – TTTFIC Group

Infrastructure of Dong Van II Industrial Park – Ninh Binh

Internal transportation:

  • The internal transportation system is designed reasonably to facilitate easy and convenient movement for vehicles to each plot of land.
  • The main central roads have a width of 24m, while the branch roads are 17.5m wide.
  • Lighting systems are installed along the roads.

Electricity system:

  • The power supply is continuous and stable, sourced from the 110kV high-voltage line near the southern border of Dong Van Industrial Park.
  • The high-voltage power grid is provided along the internal transportation roads within the industrial park. Enterprises invest and construct their own low-voltage power substations according to their consumption capacity.

Clean water system:

  • A water plant with a capacity of 19,000 m3/day is built to supply water within the industrial park.
  • The water supply system is connected directly to each enterprise’s premises.

Wastewater drainage system:

  • The industrial park constructs separate drainage systems for rainwater and wastewater (both industrial and domestic).
  • The drainage systems collect rainwater and discharge it into rivers in the area.
  • The industrial park’s wastewater treatment plant collects and treats wastewater.

Wastewater treatment system:

  • Enterprises treat all industrial wastewater and domestic wastewater to meet the minimum standard of Class B water quality (TCVN-4945-2005) before they discharge them into the common wastewater system of the industrial park.
  • Afterwards, the industrial park will continue treating the wastewater to meet the standards set by the Government of Vietnam, with a processing capacity of 2,000 m3/day and night.

Waste management system:

  • Solid waste from factories within the industrial park will be classified, collected, and transported to the centralized waste disposal area of the industrial park.

Information system:

  • The telecommunications system meets international standards and is always ready to meet communication needs, with 9-11 lines per hectare.
  • Each enterprise’s premises are directly connected to the underground fiber optic cable system.

Environment and landscape:

  • Green spaces account for 10-15% of the total area of the industrial park, combining concentrated greenery and trees along the roads to create a common landscape for the industrial park.
A perspective on Dong Van II Industrial Park - Ninh Binh  - TTTFIC Group
A perspective on Dong Van II Industrial Park – Ninh Binh – TTTFIC Group

Investment-attractive industries in Dong Van II Industrial Park – Ninh Binh

Dong Van II Industrial Park primarily attracts the following industries:

  • Electronics – Mechanical Engineering
  • Precision electronic component manufacturing, motorcycles, automobiles
  • Light industry, consumer goods
  • Jewelry processing
  • Household electrical appliances
  • Other supporting industries

Labor force and costs of Dong Van II Industrial Park – Ninh Binh

Local area:

  • The population of Dong Van Town is 852,695 people, and Ninh Binh province has approximately 1.5 million people, of which 65% are laborers under the age of 35. This labor force can fully meet the needs of businesses.
  • The local area has a diverse system of colleges, vocational schools, and vocational training institutions. In addition to vocational schools managed by the district, Ninh Binh province has around 10 vocational schools with a teaching staff of over 500 people and over 10,000 students enrolled per year.

In the surrounding area (Hanoi and neighboring regions):

  • Hanoi houses the highest number of universities, colleges, and vocational schools in Vietnam. These institutions contribute to a large pool of trained laborers.
    They specialize in various fields such as management, technical skills, and high-level craftsmanship. These educational institutions in Hanoi produce tens of thousands of skilled workers.
  • The population of Hanoi is approximately 6 million people. The distance from Hanoi to the industrial park is 45km.
  • The convenient bus system ensures daily transportation for the labor force to the industrial park.

Labor wages:

  • Workers: Average USD 70/month.
  • Office staff: Average USD 150-250/month.
  • Department heads, chief accountants: Average USD 300-600/month.
  • Engineers, technicians: Average USD 200-350/month.

Labor insurance rates:

  • Social insurance accounts for approximately 20% of wages (health insurance accounts for around 3%).
  • Companies must pay 17% of the total salary fund for employees each month, with 15% allocated for social insurance and 2% for health insurance.

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