Factory for Lease in Dong An 2 Industrial Park
- Price: $ 4 /sqm/month
- Area: 10.000 SQM
VSIP II Industrial Park ( IP ) was established in 2006, following the success of VSIP I Industrial Park, whose investor is the Vietnam-Singapore Industrial Park Joint Venture Company Limited. After more than 17 years of establishment and development, VSIP II IP has attracted numerous large-scale domestic and foreign businesses. This continuous development has contributed to making Binh Duong one of the four provinces attracting the highest foreign direct investment (FDI) capital in the country.
VSIP II IP was established in 2006 by the Vietnam-Singapore Industrial Park Joint Venture Company Limited. This industrial park project is invested in two phases and currently maintains a 100% occupancy rate. VSIP II has attracted over 128 projects from 22 countries and territories.
VSIP II Industrial Park covers a total area of 2,045 hectares, divided into two phases:
The investor of VSIP II Industrial Park is Vietnam Singapore Industrial Park Joint Venture Company, a prominent entity in the field of industrial development investment in Vietnam.
VSIP II Industrial Park has completed its infrastructure construction and maintains a 100% occupancy rate. It has attracted nearly 130 projects from more than 22 countries and territories worldwide. The establishment of this industrial park has also created stable employment for nearly 24,000 workers across the country, with a total investment capital of approximately $1.3 billion USD.
Prominent Investors at VSIP II Binh Duong Include:
VSIP II Industrial Park is situated in the following wards:
The location of VSIP II Industrial Park is highly esteemed due to its proximity to the Binh Duong Industrial, Service, and Urban Complex. VSIP II is only 15 km north of VSIP I Industrial Park and is located in the planned construction area for Binh Duong’s new city center providing numerous advantages.
Assessing the location, VSIP II Industrial Park benefits from its proximity to major economic centers of the country, including Thu Dau Mot City, Ho Chi Minh City, Bien Hoa – Dong Nai, and the Central Highlands provinces, providing advantages for businesses engaged in trade and transportation of goods.
VSIP II Industrial Park, located in Binh Duong, was built following the model of the highly successful VSIP I Industrial Park, also an investment project by VSIP. Thus, VSIP II features modern infrastructure to offer an attractive business environment and attract investment. The park’s infrastructure strengths and professional customer support services are outlined below:
With its modern and diverse infrastructure, VSIP II Industrial Park continues to attract many domestic and foreign investors, providing an ideal environment for developing production and business activities.
VSIP II Industrial Park maintains a 100% occupancy rate with a wide variety of businesses and investors focusing on different professions and fields. The priority areas for investment in this Industrial Park encompass:
With its well-invested and modern infrastructure, VSIP II Industrial Park emerges as a promising investment destination, attracting industries with significant development potential. Furthermore, the abundance of local human resources contributes to expanding market opportunities and production activities for businesses.
Apart from its advanced industrial infrastructure, the investment incentives offered at VSIP II Industrial Park are a driving force behind its 100% occupancy rate. Located in the industrial capital of Binh Duong, VSIP II, similar to VSIP I, enjoys appealing incentives from the Provincial People’s Committee and the Industrial Park management board.
Below are some investment incentives applicable to VSIP II Industrial Park:
Moreover, the Provincial People’s Committee extends maximum support to businesses at VSIP II, especially when participating in promotion programs organized by the province and the country. This creates a favorable environment for investors to choose VSIP II Industrial Park. Binh Duong People’s Committee, in collaboration with the investor, facilitates trade and attracts factories to move to this industrial park.
Due to its large-scale and well-invested infrastructure system, VSIP II Industrial Park garners significant attention from businesses and investors. Below are the costs associated with investing in VSIP II:
These are the investment costs in VSIP II Industrial Park that businesses can consider.
With nearly 130 investors and businesses operating in VSIP II Industrial Park, the demand for labor resources here is substantial. Workers from not only Binh Duong province but also many provinces and cities across the country seek job opportunities in this region due to relatively competitive labor costs, ranging from 250-500 USD/person/month.
The labor force and skilled workers at VSIP II are continually improving their training to meet the production demands of businesses. With the exceptional advantages that VSIP II Industrial Park offers, it is expected that workers from various provinces and cities will continue to move here and establish themselves.
After more than 17 years of establishment and development, VSIP II Industrial Park has earned recognition as a leading industrial park in Binh Duong. Its growth has significantly contributed to increasing foreign investment (FDI) and placing Binh Duong among the top four provinces with the highest FDI capital in the country.
Notable indicators of VSIP II’s growth include hosting large-scale investment projects, such as Nitto Denko Co., Ltd. With capital exceeding 186.2 million USD, Nitto Denko Co., Ltd. has been one of the major investors at VSIP II Industrial Park. Additionally, Sharp Manufacturing Co., Ltd. also made significant investments, with capital reaching up to 135 million USD. With systematic investment and a multitude of attractive incentives, VSIP II will undoubtedly continue to play a vital role in contributing to the economic and social development of Binh Duong province.
VSIP II Industrial Park boasts numerous advantages, including its location, infrastructure, and provincial investment incentives. The cost of production activities here is considerably lower than in other industrial parks in the area. Consequently, it’s no surprise that VSIP II is attracting investment capital from various countries and territories.
As one of the key industrial parks in Binh Duong, VSIP II has demonstrated its worth as a leader, setting the standard for other emerging industrial parks to follow. We hope that the information shared by TTTFIC provides a comprehensive overview of this industrial park.
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