No. Sold Out
Ready Built Factory For Lease - VSIP 2A Industrial Park - Binh Duong Province
- Price: $ 4,5/sqm/month
- Area: 25.000 sqm
Information | |
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Operating time: 2021 - 2071 | Total Area: 306,69 ha |
Infrastructure investors: Bac Ninh Industrial Infrastructure Investment and Business Company | Price: 115 USD/m2 |
Building density: 60% | Occupancy: 5% |
Address: Dong Cuu, Lang Ngam, and Dai Bai communes, Gia Binh district, Bac Ninh province, Vietnam |
Gia Binh I Industrial Park in Bac Ninh Province received its final zoning approval of 306,69 hectares in March 2022. The investor, Construction and Infrastructure Investment LLC, plans to invest VND 2.578,246 trillion in land clearance and infrastructure development, aiming for readiness by Q3 2022 as per the Prime Minister’s Decision No. 224/QD-TTG and Bac Ninh Provincial People’s Committee’s Decision No. 127/QD-UBND.
Gia Binh I Industrial Park received detailed construction planning approval from the Bac Ninh Provincial People’s Committee on May 12, 2009, at a scale of 1/2000. After two adjustments to the zoning plan in 2018 and 2021, Gia Binh I Industrial Park underwent its final planning adjustment in March 2022. On March 17, 2022, the Bac Ninh Provincial People’s Committee issued Decision No. 124/QD-UBND approving the adjusted zoning plan for Gia Binh I Industrial Park at a scale of 1/200. Accordingly, the total area of Gia Binh I Industrial Park will be 306,69 hectares.
On February 22, 2021, the Prime Minister bestowed Decision No. 224/QD-TTG, delineating the investment strategy for the establishment and management of the infrastructure within Gia Binh I Industrial Park, situated in Gia Binh District of Bac Ninh Province. Subsequently, on April 12, 2021, the Bac Ninh Provincial People’s Committee issued Decision No. 127/QD-UBND to establish Gia Binh I Industrial Park.
The investor of Gia Binh I Industrial Park is the Construction and Infrastructure Investment Limited Liability Company under Bac Ninh Industrial Infrastructure Investment and Business Company, a subsidiary of Capella Real Estate Joint Stock Company. This company has experience investing in several industrial parks in Vietnam, including Thanh Liem Industrial Park (Ha Nam), Tam Thang Industrial Park (Quang Nam), Yen Lu Industrial Park (Bac Giang), Nham Son Yen Lu Industrial Cluster (Bac Giang), and Cam Lien Industrial Park (Quang Binh).
The total investment capital for this project is VND 2.578,246 trillion. Currently, the investor is coordinating with local authorities to implement the compensation and land clearance plan according to regulations. At the same time, they are also implementing solutions related to the lives of workers in the industrial park.
Investors will invest in synchronized technical infrastructure for the industrial park to ensure its development and attract both domestic and foreign investors. They expect to clear the land and have the infrastructure ready for handover by the third quarter of 2022.
Gia Binh I Industrial Park is a planned concentrated industrial park, environmentally friendly, with a synchronized and modern system. The industrial park is located in Dong Cuu, Lang Ngam, and Dai Bai communes, Gia Binh district, Bac Ninh province, Vietnam.
Gia Binh I Industrial Park enjoys a favorable transportation location with easy access to residential areas and proximity to national highways. The industrial park is situated on National Highway 17, connecting to National Highway 18, which links Bac Ninh province to the Hai Phong port and Cai Lan port in Quang Ninh province. It is also adjacent to the Ring Road 4, connecting Vinh Phuc – Hanoi – Hung Yen – Bac Ninh – Bac Giang.
Goods entering and exiting the industrial park can be easily transported by road, sea, and air:
With these advantages, significant transportation costs can be saved for investors when investing in this location.
The road transportation system is well-designed, ensuring smooth traffic flow throughout the industrial park. Internal road networks account for 15% of the total area of the industrial park.
A dedicated power supply system is equipped along the transportation routes within the industrial park to design the lighting network separately.
In addition to the groundwater source provided by the water plant, Gia Binh I Industrial Park has also constructed a separate water supply network using large capacity reservoirs to ensure stable and sufficient water supply for operating businesses.
They build a separate wastewater drainage system, which undergoes a two-step treatment process (local treatment facility and then centralized treatment for the entire area) to meet environmental standards before discharging into the central system.
The industrial park installs firefighting equipment along the roads, ensuring a timely response with firefighting hoses in case of emergencies.
The underground communication cable system equips the industrial park, providing connections to the factory fence through an international standard cable system with 1.000 domestic and international connections.
Gia Binh I Industrial Park focuses on attracting the following industries:
Labor Source:
With a total population of 1,5 million in Bac Ninh province, including over 120.000 people from Gia Binh district and neighboring Hai Duong province with approximately 1,9 million people, Gia Binh I Industrial Park is located in one of the easiest labor recruitment areas in Bac Ninh currently.
Situated in a region with a high-quality workforce, the labor force at Gia Binh I Industrial Park has a training rate of 69% (ranking 5th nationwide). This enables quick access to advanced technologies, modern machinery, and advanced management skills to meet the requirements of investors.
Abundant and young labor force meets the demand for general labor in various industries. With its proximity to Hanoi, professionals and technical staff can easily participate in the development of factories and businesses.
The average monthly salary for general labor ranges from 6 to 9 million VND.
Engineers and specialized department staff will have higher salaries depending on the job position, ranging from 8 to 25 million VND.
Labor Costs:
Corporate Income Tax:
Import Tax:
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TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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