Ham Kiem 1 Industrial Park - Binh Thuan Province

Ham Kiem 1 Industrial Park (Ham Kiem 1 IP), also known as Ham Kiem I Industrial Park is among the largest industrial parks in Binh Thuan province. This expansive project is undertaken and developed by Hoang Quan Binh Thuan Real Estate Consulting – Trading – Services Joint Stock Company. Encompassing a total area of 132.67 hectares and featuring comprehensive infrastructure planning, the industrial park is poised to generate numerous economic development opportunities while concurrently providing employment prospects for the local population.

For in-depth information about this industrial park, please stay tuned to TTTFIC for the detailed article.

I. Overview of Ham Kiem 1 Industrial Park

Ham Kiem 1 IP boasts a vast planning area of 146,2 hectares, situated in Ham Thuan Nam district, Binh Thuan province. This state-of-the-art industrial park adheres to high-quality construction standards and stringent production processes, making it an attractive destination for both domestic and international investors.

The key industries within the industrial park include:

• Food processing industry
• Electronics manufacturing
• Mechanical engineering
• Wood processing and wood-based product manufacturing
• Production of beverages and plastic products

The industrial park takes pride in possessing specialized facilities to support its operations, encompassing a comprehensive transportation system and essential production support amenities such as electricity, water, and gas. Additionally, the park features environmental sanitation, robust security measures, and a lush, clean, and aesthetically pleasing landscape.

Beyond these utilities, Ham Kiem 1 IP provides other public services such as:

• Employee housing
• Office and conference center
• Convenience stores
• Healthcare and education centers

This development not only promises to be an ideal settlement for residents but also creates long-term, sustainable investment and development opportunities for investors and businesses.

Panoramic view of Ham Kiem 1 industrial park – Binh Thuan Province

1. Investor Information

Ham Kiem 1 IP is part of the industrial parks in Binh Thuan province, with investment and development by Hoang Quan Binh Thuan Real Estate Consulting – Trading – Services Joint Stock Company, a subsidiary of Hoang Quan Group. This group is a prominent player in the real estate business and investment sector.

With almost 15 years of operation, Hoang Quan Binh Thuan has evolved into a reputable investor engaged in various real estate construction and investment projects. The company’s primary business direction revolves around investing in the infrastructure of residential areas and industrial parks.

In terms of industrial park activities, Hoang Quan Binh Thuan is the investor behind Ham Kiem 1 IP, a project initiated on a 146,2-hectare scale with a strategic location, comprehensive infrastructure, and an operational wastewater treatment plant.

Moreover, the company has ventured into residential development with the creation of Ham Kiem 1 Social Housing Area, introducing a townhouse-style housing model covering 13,5 hectares, featuring 955 townhouses and various internal amenities like a multi-purpose gymnasium, green park, central market, and a football field.

2. Legal Records

• Decision No. 3427/QD-UBND, part of the legal documentation for Ham Kiem 1 IP, was approved by the People’s Committee of Binh Thuan province on December 27, 2006.
• Land allocation decision No. 3706/QD-UBND, issued by the Chairman of Binh Thuan Provincial People’s Committee on October 25, 2005.
• Original investment certificate No. 48221000007, issued on April 17, 2007, along with the second adjusted investment certificate, issued on June 16, 2013, by the Binh Duong Industrial Park Management Board for added convenience.

II. Location of Ham Kiem 1 Industrial Park

Ham Kiem 1 IP is situated in Ham Kiem commune, Ham Thuan Nam district, Binh Thuan province. The strategic location of the industrial park includes:

• Approximately 5 km northeast of Ham Thuan Nam district center
• Roughly 50 km north of Phan Thiet city
• About 25 km west of Tuy Phong city
• Proximity to Ham Kiem 2 Industrial Park
• The Phan Thiet – Dau Giay expressway, currently under construction, will connect to the industrial park, enhancing travel and facilitating goods trade.

Furthermore, Ham Kiem 1 IP holds a prime strategic position, making it an ideal destination for business development:

• Adjacent to National Highway 1A and the North-South railway, it serves as a crucial transportation center for the easy movement of goods to central areas and seaports.
• Located 9 km from Phan Thiet city and only 5 km from Muong Man station, it provides convenient access to human resources and reliable infrastructure.
• Approximately 100 km from Vinh Tan – Tuy Phong port, offering extensive import-export and sea transport capabilities.
• The construction of Phan Thiet Airport, approximately 30 km from the industrial park, facilitates favorable conditions for international trade.

III. Infrastructure of Ham Kiem 1 Industrial Park

In addition to its unique geographical location, which attracts investments from various regions and contributes to local economic development, Ham Kiem 1 IP boasts a synchronized and highly modern infrastructure. Specifically:

1. Internal Traffic

• The industrial park features a standard internal traffic system with a 45m wide main road and 24 – 35 m internal roads, surfaced with hot asphalt concrete and designed to withstand H30 load according to Vietnamese standards.

2. Power System

• The power supply system is stable, with a power source of 110V/22KV and a capacity of 2*65MVA, meeting the energy needs of businesses in the industrial park.

3. Water Supply System

• The clean water supply system has two sources: the Phan Thiet water plant with a total maximum capacity of 10.000 m³/day and night, and the Ba Bau factory with a total maximum capacity of up to 20.000 m³/day and night, ensuring the security of water supply for businesses and investors.

4. Wastewater Treatment System

• Separate rainwater and wastewater drainage systems are in place. Wastewater is connected to a treatment plant with a capacity of 6.000 m³/day and night. The system adheres to wastewater treatment standards of column A and column B (according to TCVN 40:2011/BTNMT) for industrial parks and internal treatment enterprises.

5. Communication Systems

• A modern communication system includes a 5.000 digit telephone network, internet, DSL, and fiber optic cable. It connects to Binh Thuan province’s telecommunications network, enabling businesses to connect conveniently and swiftly.

6. Security System

• The security and order system is ensured by a 24/7 security service, creating a safe working environment and safeguarding the assets of businesses.

7. Housing Area for Workers

• Workers, employees, and experts working in Ham Kiem 1 IP will have access to accommodation in the new urban area of Nam Phan Thiet.

IV. Industries Attracting Investment in Ham Kiem 1 Industrial Park

In addition to its exceptional advantages in geographical location and infrastructure, Ham Kiem 1 IP stands out as a destination hosting a diverse array of industries, capturing significant attention from domestic and foreign investors. Some of the industries that have been attracting investments include:

• Food Processing Industry:
  • Livestock, poultry, and seafood processing.
• Garment and Leather Shoe Industry:
• Electrical and Electronic Industry:
• Mechanical Industry and Transportation Vehicle Assembly:
• Manufacturing Industry of Machinery Lines, Agricultural, and Fishing Equipment:
• Consumer Goods Manufacturing Industry:
  • Household appliances and various packaging types.
• Transit and Warehousing Services:
• Import and Export:
  • Products such as dragon fruit and seafood.

With its substantial development potential, Ham Kiem 1 IP has played and will continue to play an integral role in creating numerous job opportunities for the local population and surrounding areas.

V. Investment Incentives of Ham Kiem 1 Industrial Park

One of the key factors contributing to the high occupancy rate of Ham Kiem 1 IP, as well as attracting numerous large companies and businesses, is its outstanding investment incentives. These include:

1. Corporate Income Tax Incentives

• Enterprises implementing new investment projects in Ham Kiem 1 enjoy corporate income tax incentives. The tax rate is 17% within the first 10 years. Additionally, there is a 100% corporate income tax exemption for the initial 2 years and a 50% reduction for the subsequent 4 years.

2. Support Policies of Industrial Parks

• Investors in the industrial park play a supportive role for businesses by assisting in the execution of procedures. This support involves applying for an Investment Registration Certificate and obtaining a Business Registration Certificate.

VI. Investment Costs at Ham Kiem 1 Industrial Park

The table below provides customers and investors with specific information regarding investment costs when collaborating with Ham Kiem 1. The details are as follows:

Note: The above fees do not include VAT.

With these reference prices, customers or investors interested in renting land or factories can contact the Ham Kiem 1 Project Management Board early on. They can directly survey the production conditions.

VII. Labor Resources and Labor Costs

The multitude of outstanding advantages possessed by Ham Kiem 1 has facilitated its continuous development. It attracts a diverse labor force from various locations to reside and work within its premises. The abundance and diversity of the labor pool serve as significant assets for production and business activities within the industrial park. This contributes to a reduction in staff recruitment and training expenses.

Moreover, the labor force in Ham Kiem 1 exhibits a range of qualifications, with individuals trained at colleges and universities. This caters to diverse skill sets across various professional fields. It enables investors to secure a high-quality workforce that meets the demands of production and business operations.

In a bid to enhance competitiveness and elevate production standards, the industrial park maintains a steadfast focus. It invests in training and skill development programs for its workforce.

The information presented above encapsulates the comprehensive details about Ham Kiem 1 in Binh Thuan province. TTTFIC shares this information with its valued customers and investors. With its advantageous location, well-established infrastructure, attractive incentives, and sound development policies, coupled with intelligent investment strategies, Ham Kiem 1 IP is poised for continual growth and development. It stands as a promising investment destination, offering abundant business opportunities for both domestic and foreign investors and enterprises.