I. Overview of Tam Diep 1 Industrial Park – Ninh Binh:
The People’s Committee of Ninh Binh Province and the Prime Minister of the Government issued Decision No. 1851/QD-UBND dated October 14, 2008, and Document No. 1499/TTg-KTN dated August 18, 2014, respectively, to establish Tam Diep 1 Industrial Park – Ninh Binh.
The Industrial Park Infrastructure Development Company invests in and develops Tam Diep 1 Industrial Park.
With a total area of 64 hectares, Tam Diep 1 Industrial Park is located in Quang Son Commune, Tay Son Ward, Tam Diep City, Ninh Binh Province.
The industrial zone adjoins National Highway 1A, lies near the North-South railway line, and is near Ghenh Station. Additionally, it has access to National Highway 12B and the North-South expressway. This location serves as a transportation hub for the North Central Coast and the Red River Delta region, making it one of the three key economic zones in the socio-economic development strategy of Ninh Binh. Tam Diep City has significant potential advantages in economic development, particularly in the industrial, service, tourism, and urban development sectors.
Tam Diep 1 Industrial Park offers favorable investment policies, and simple and efficient investment procedures, which have attracted numerous domestic and foreign investors, especially those from Japan, South Korea, and Taiwan. Currently, the entire leased area of Tam Diep 1 Industrial Park has been fully occupied.
Master plan map of Tam Diep 1 Industrial Park – Ninh Binh – TTTFIC Group
II. Infrastructure of Tam Diep 1 Industrial Park – Ninh Binh:
Internal transportation:
The internal transportation system within the industrial zone is organized into primary and secondary roads.
The primary road system comprises four-lane roads, while the secondary road system consists of two-lane roads.
Electricity system:
The industrial zone is supplied with 110/220kv electricity, meeting the production demands of the businesses within the industrial zone.
Public lighting system:
Street lighting is designed separately with a power supply system along the road network.
Water system:
The industrial zone has a clean water supply that meets the needs of the enterprises operating within the industrial zone.
Drainage system for rainwater and wastewater:
The industrial zone builds separate systems for rainwater and wastewater (including industrial wastewater and domestic wastewater).
The drainage system collects rainwater and discharges it into the rivers in the area.
The industrial zone collects and treats wastewater at its dedicated wastewater treatment plant.
Waste treatment:
The factories in the industrial zone will enter into contracts with specialized waste classification, collection, and transportation units to remove waste from the industrial zone and prevent environmental pollution.
Wastewater treatment:
The industrial zone directly discharges treated wastewater that meets environmental standards into the stormwater drainage network.
Communication system:
An international standard telecommunications system, including underground optical fiber cables connected to the premises of the businesses within the zone, is equipped in the industrial zone.
III. Investment-attractive industries in Tam Diep 1 Industrial Park – Ninh Binh:
Cement production
Footwear and garment manufacturing
Medical equipment manufacturing
High-end construction materials
Agricultural processing and food production
An overview perspective of Tam Diep 1 Industrial Park – Ninh Binh – TTTFIC Group
IV. Investment incentive policies of Tam Diep 1 Industrial Park – Ninh Binh:
Corporate income tax incentives: By Vietnamese laws, investors in the industrial zone are eligible for a two-year corporate income tax exemption and a 50% reduction in tax payments for the following four years.
Value Tax (VAT) exemption for enterprises certified as export processing enterprises (EP).
Labor force and labor costs:
Labor force:
According to statistics, Ninh Binh Province had a population of 1.12 million in 2019, providing an abundant labor supply for industrial zones in the province, including the Gian Khau Industrial Park.
Ninh Binh places great emphasis on vocational training and improving the quality of the workforce.
Currently, there are 36 vocational education institutions and facilities involved in vocational education activities in Ninh Binh Province, including 5 colleges, 10 intermediate schools, 12 vocational education centers, and 9 other participating vocational education facilities.
Ninh Binh has implemented comprehensive measures to develop and expand the vocational education network and promote socialization in vocational education.
Costs associated with labor:
Tam Diep 1 Industrial Park is located in Tam Diep City, which belongs to Region III.
Therefore, the current minimum wage for Region III is 3,430,000 VND per month.
The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.
Industrial real estate in industrial zones, Vietnam
