Covering an area of 466 hectares, Tien Hai Industrial Park is situated within the Tien Hai district, Thai Binh province, encompassing four communes: Dong Co, Dong Lam, Tay Giang, and Tay Son. Viglacera Corporation will implement the project as approved by the Prime Minister.
The advantage of Tien Hai Industrial Park is its central location in the northern provinces and along the coastal economic development corridor of Quang Ninh – Hai Phong – Thai Binh – Nam Dinh – Ninh Binh. Therefore, the industrial zone enjoys convenient transportation by both road and waterways. Moreover, the Tien Hai – Thai Binh gas field, located in proximity to Tien Hai Industrial Zone, holds vast reserves of natural compressed gas (CNG) amounting to hundreds of billions of cubic meters, providing Tien Hai Industrial Zone with a substantial advantage in energy supply.
With its extremely favorable location, being 69km away from Cat Bi International Airport, 66km from Hai Phong port, and 24km from the city center of Thai Binh, Tien Hai Industrial Park promises numerous advantages for both import and export activities.
Since its establishment, the project has created employment opportunities for nearly 30,000 workers in the area.
Master plan map of Tien Hai IP – Thai Binh – TTTFIC Group
The infrastructure of Tien Hai Industrial Park – Thai Binh:
Internal transportation:
The main road system is 23-32m wide, with secondary roads ranging from 15.5m to 18.5m wide.
Electricity system:
A 110/35KV transformer station with a capacity of 63MVA supplies electricity from the national grid.
Public lighting system:
Street lighting is designed separately, with a power supply system arranged along the transportation axes.
Water system:
The capacity of the water supply is 10,000m3/day.
Wastewater and stormwater system:
Separate systems for wastewater and stormwater drainage are planned and constructed.
Waste treatment:
Solid waste (mainly ceramics and construction materials) is preliminarily sorted and transported to the Tây Sông Long Hau landfill.
Wastewater treatment:
The wastewater treatment plant has a capacity of 3,500m3/day.
Communication system:
A modern telecommunications and information system meeting international standards provides various information services domestically and internationally.
Service infrastructure:
Police stations, general clinics, banks, warehouses, fuel stations, post offices, etc., are located near the industrial park.
Investment-attracting industries:
Tien Hai Industrial Zone is a multi-sector industrial park, specializing in heavy industry, construction materials, and the production of consumer goods using natural gas, such as ceramics, porcelain, and glass.
A Perspective on Tien Hai Industrial Park – Thai Binh – TTTFIC Group
Advantages of investing in Tien Hai Industrial Park – Thai Binh:
Abundant labor force and low labor costs:
Located in an area with the most abundant labor force in northern Vietnam.
The workforce in the province and neighboring provinces reaches up to 5.5 million workers.
Enterprises in Tien Hai Industrial Park will find it easy to search for and recruit labor.
Large reserves of CNG (Compressed Natural Gas) of 1,000,000 cubic meters per day:
Situated in the Tien Hai gas field, which includes the VNG gas field, Tien Hai Industrial Park possesses a significant advantage in terms of energy.
The gas reserves amount to hundreds of billions of cubic meters, with an annual capacity of 200 million cubic meters.
Coastal investment incentives:
Enterprises operating in The Industrial Park, managed by Viglacera, located within the Thai Binh Economic Zone, will benefit from a range of incentives, including:
Corporate income tax incentives: a preferential tax rate of 10% for 15 years; exemption from taxes for the first 4 years and a 50% reduction for the subsequent 9 years.
Land rental incentives: exemption from land rental fees for 13 years; import tax incentives.
Personal income tax incentives and other preferential policies as stipulated by the law, apply to the economic zone.
Reputable investor:
Viglacera is currently a leading industrial park developer with 11 industrial parks in Vietnam and 1 economic zone in Cuba.
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
