Thuan Thanh II Industrial Park - Bac Ninh

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Information
Operating time: 2011 - 2061
Total Area: 252.14 Ha
Infrastructure investors: Shun-Far Land Development Co.,Ltd
Price: 100<span class="nc-unit"> USD/m<span class="nc-unit-pus">2</span></span>
Building density: 60%
Occupancy: 100%
Address: An Binh, Mao Dien, Hoai Thuong communes, and Ho town, Thuan Thanh district, Bac Ninh province.

I. Overview of Thuan Thanh II Industrial Park – Bac Ninh:

Information about the industrial park:

The establishment of Thuan Thanh II Industrial Park – Bac Ninh took place on April 28, 2009, the People’s Committee of Bac Ninh Province issued Decision No. 537/QD-UBND.
Shun-Far Land Development Co., Ltd is the project’s investor Thuan Thanh II Industrial Park broke ground in January 2011, with a planned total area of 252.14 hectares.

The architectural designs of the construction projects are harmonious, creating a cohesive spatial planning and architecture that is compatible with the landscape of the industrial park. After over a decade of development, thanks to its synchronized and modern infrastructure investment, coupled with the advantageous location adjacent to National Highway 18, Thuan Thanh II Industrial Park has attracted numerous domestic and foreign investors. An abundant labor force, good support services, and a reliable logistics network are also among the factors that attract investors to this area.

Investment situation:

After more than 10 years of operation, Thuan Thanh II Industrial Park has currently been fully occupied, utilizing 100% of its industrial land area. Investors come from various countries, predominantly China and Taiwan, with a diverse range of industries such as garment, metalworking, energy, agricultural equipment, and sports equipment.
Some of the businesses investing in Thuan Thanh II Industrial Park include:

  • Mellow Vietnam Company.
  • Ju Wei Vietnam Company.
  • Long Vu Long Vu Company.
  • Son Ha Bac Ninh Energy Company.

Since its establishment, the businesses within Thuan Thanh II Industrial Park have made significant contributions to the province’s economy, improving the livelihoods of the surrounding residents and the overall Bac Ninh province.

Master plan map of Thuan Thanh II Industrial Park - Bac Ninh - TTTFIC Group
Master plan map of Thuan Thanh II Industrial Park – Bac Ninh – TTTFIC Group

II. Geographical location of Thuan Thanh II Industrial Park – Bac Ninh:

Thuan Thanh II Industrial Park is located in the administrative boundaries of An Binh, Mao Dien, Hoai Thuong communes, and Ho town, Thuan Thanh district, Bac Ninh province.

Boundaries:

  • The northern side is adjacent to Bac Canal and Provincial Road 280.
  • The southern side is adjacent to the residential areas of Duong village: Thuong Vu hamlet.
  • The eastern side is adjacent to cultivated fields in An Binh and Mao Dien.
  • The western side is adjacent to farmlands and National Highway 38, as well as the urban area of Ho town.

Regarding regional connectivity:

The advantageous transportation location is the greatest asset of Thuan Thanh II Industrial Park. Consequently, it enjoys convenient access to road, sea, rail, and air transportation.

  • Approximately 55 km from the capital city Hanoi.
  • Approximately 100 km from Hai Phong port.
  • It is approximately 60 kilometers away from Noi Bai International Airport.
  • Approximately 140 km from Cai Lan port (Quang Ninh).
  • Approximately 135 km from the Vietnam-China border gate.

III. Infrastructure of Thuan Thanh II Industrial Park – Bac Ninh:

Foreign transportation system:

  • Approximately 100 meters to the west of the industrial zone is National Highway 38.
  • Adjacent to the northern industrial zone is the South Canal Road.

Internal transportation system:

  • The transportation is divided into main roads and secondary branches, with the main roads ranging from 30 to 43 meters wide.
  • The secondary branches consist of two lanes, with widths ranging from 15 to 25.5 meters.
  • Lighting systems are installed along the road routes.

Water supply system:

  • Water source: underground water extracted on-site.
  • Constructing a water treatment plant to supply water to the urban industrial zones of Thuận Thành II, with a capacity of 12,800 cubic meters per day and night, including 11,000 cubic meters per day and night for the industrial zone and 1,800 cubic meters per day and night for the urban area.
  • Firefighting water supply: The fire protection system operates with low pressure. Fire hydrants will be installed along the main road axes.

Electricity supply system:

  • The power supply in the industrial zone is ensured by the national grid with voltage levels of 35 kV and 110 kV.
  • The electricity supply system within the industrial zone is designed to be underground, following the road routes and encircling the industrial zone, ensuring connectivity to each plot of land in the industrial zone.

Wastewater treatment system:

  • The wastewater treatment capacity is 8,450 cubic meters per day and night.
  • The wastewater drainage system is completely separate from the rainwater drainage system. It includes a self-flowing sewer system that collects wastewater to a local treatment area reaching Grade C before discharging it into the centralized wastewater drainage system of the industrial zone.
  • The treated wastewater is then processed in a centralized wastewater treatment plant, meeting Grade A standards according to TCVN 6984-2001, and discharged into the irrigation system.

Waste collection system:

  • Waste is brought to a centralized collection site, sorted, and transported to a centralized waste treatment area.

Communication system:

  • Establishing a communication information center near the management area of the industrial zone and Thuan Thanh II urban area, close to the entrance of the central control system.
  • Installing a switchboard is planned.
  • The initial phase will install an accurate and reliable information pipe system to allow integration with subsequent phases.

IV. Investment-attractive industries in Thuan Thanh II Industrial Park – Bac Ninh:

Thuan Thanh II Industrial Park primarily attracts industries with low levels of hazardous pollution:

  • High-tech industry: computers and associated components.
  • Information and communication technology.
  • Electronics industry and high-end consumer products.
A perspective on Thuan Thanh II Industrial Park - Bac Ninh - TTTFIC Group
A perspective on Thuan Thanh II Industrial Park – Bac Ninh – TTTFIC Group

V. Investment Costs in Thuan Thanh II Industrial Park – Bac Ninh:

  • During the leasing process, investors can sublease or transfer to other small investors.
  • The land rental cost with infrastructure is approximately $100/m2 for the entire leasing period.
  • The factory rental cost is $32/m2/year.
  • The management cost is $0.4/m2/year.
  • Clean water supply price: $0.63/m3.
  • Wastewater treatment fee: Starts from $0.27/m3 (depending on the quality of wastewater, the volume of wastewater is calculated based on 80% of the supplied water volume).
  • Electricity price: Based on the government’s pricing framework (Reference price: from $0.066 to $0.12 USD/kWh).

VI. Investment Incentives Policy in Thuan Thanh II Industrial Park – Bac Ninh:

Corporate income tax:

  • Incentives are continuously applicable from the first year when the enterprise generates taxable income from the investment project.
  • If the enterprise generates no taxable income in the first 3 years from the revenue generated by the investment project, it will calculate the tax exemption or reduction period from the fourth year.
  • General incentives: 2 years of tax exemption, 50% reduction in the following 4 years (applying a tax rate of 20%).
  • Incentives for high-tech and supporting industries: 10% preferential tax rate for 15 years, 4 years of tax exemption, and 50% reduction for the following 9 years.

Import tax:

  • Exemption of import tax on goods used as fixed assets for the project.
  • Exemption of import tax for imported materials and supplies used in export production.
  • Exemption of import tax for production materials within 5 years from the start of production if the enterprise invests in a project under the encouraged investment list.

Value-added tax:

  • Exemption of value-added tax for exported goods.

VII. Labor Source and Costs in Thuan Thanh II Industrial Park – Bac Ninh:

Bac Ninh has an abundant supply of young labor to meet the demand for both ordinary and high-quality workers from investors. With its proximity to Hanoi and other key provinces and cities in the North, experts and specialized personnel can easily participate in the development of their factories and businesses. The local and out-of-province workforce ensures the fulfillment of labor demands for both ordinary and trained workers of the enterprises in the zone.

The average salary for ordinary workers here ranges from $250 to $400 per month. Engineers and specialized department staff will have higher salaries depending on their positions, ranging from $350 to $850 per month.

Hotline: +84936431788

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


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  • 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…).
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