No. FA/LA/WA-17518
Land for Sale in Minh Hung Sikico Industrial Zone
- Price: $120/sqm/50 years
- Area: 200.000 sqm
Information | |
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Operating time: 2016 - 2066 | Total Area: 1.000 ha |
Infrastructure investors: Vietnam-Singapore Industrial Park J.V. Co., Ltd | Price: 183 USD/m2 |
Building density: 70 % | Occupancy: 14,3 % |
Address: Hoi Nghia Ward, Tan Uyen Town and Tan Lap Commune, Bac Tan Uyen District, Binh Duong Province, Vietnam |
VSIP III Industrial Park is the latest project developed by the investor VSIP. It follows the successful footsteps of the previous two industrial parks, VSIP I and VSIP II. With careful investment and comprehensive infrastructure, VSIP III is expected to become a significant contributor to the economic growth of the region, particularly in Binh Duong province.
VSIP III is the third industrial park in the VSIP series, established in Binh Duong, following the successful models of VSIP I and VSIP II. On March 19, the groundbreaking ceremony for VSIP III took place in Hoi Nghia ward, Tan Uyen town, marking the initiation of the 11th project by VSIP, a leading brand in industrial park investment in Vietnam.
Compared to other industrial parks in Binh Duong, VSIP III is of a significant scale, covering an area of 1,000 hectares, and is master-planned, divided into two phases:
This phase encompasses an area of 196.45 hectares. During this stage, the project successfully obtained the Green Mark certification from the Singapore Building and Construction Authority (BCA) for Industrial Parks. This certification solidifies VSIP III’s status as a project developed by a leading company in industrial park investment, committed to creating a sustainable and environmentally friendly working environment.
Phase 2 of VSIP III Industrial Park will be implemented when Phase 1 leases 60% of the industrial land area and is approved by the Provincial People’s Committee to allocate or lease the land. The master plan for phase 2 of VSIP III is 803.55 hectares. It is estimated that phase 2 will create 33,000 – 35,000 jobs. VSIP III is also an industrial park with a diversity of career fields, especially high-tech and service-connected industries.
VSIP III is also invested by VSIP – a joint venture between Becamex IDC Vietnam Group and Singaporean investors. VSIP is the abbreviation of Vietnam Singapore Industrial Park. The company is located at No. 8, Huu Nghi Avenue, VSIP, Binh Hoa Ward, Thuan An City, Binh Duong.
After more than 15 years of formation and development, VSIP has created a leading brand in the field of developing industrial park chains, and industrial-urban-integrated service complexes. Not only Binh Duong, but VSIP also successfully implemented many projects in other provinces such as Nghe An, Quang Ngai, Nghe An, and Binh Dinh…
Like VSIP I, VSIP II, VSIP III Industrial Park also aims to be a smart, sustainable industrial park, designed to integrate smart technology. The outstanding differences of VSIP III include:
The Danish company LEGO is the first customer to approach the solar farm, with an expected investment capital of up to 1.3 billion USD. This is a famous plastic toy manufacturing company worldwide. In addition, the Danish company Pandora is also investing more than 100 million USD to build a jewelry manufacturing facility here.
It can be seen that, although not yet officially put into operation, VSIP III still receives a lot of attention from many large businesses. This is proof of the success of products from VSIP Group.
The VSIP industrial park projects have consistently received praise for their strategic locations, and VSIP III is no exception. VSIP III Industrial Park is situated in Hoi Nghia Ward, Tan Uyen Town, and Tan Lap Commune, Bac Tan Uyen District, Binh Duong Province. Precisely, the project encompasses 196 hectares in Hoi Nghia Commune and 804 hectares in Tan Lap Commune.
The geographical location of VSIP III Industrial Park has it bordering:
Analyzing the location of VSIP III Industrial Park, numerous investors and real estate experts believe it holds a strategic position, with easy access to major roads. Consequently, businesses operating in VSIP III have the potential to attract a large number of domestic and foreign investors.
VSIP III boasts a highly convenient location, as it is adjacent to Binh Duong New City Center, Ring Road 4 (a planned route spanning 197.6km across 5 provinces). The completion of Ring Road 4 is expected to contribute significantly to the socio-economic development of Binh Duong province. Furthermore, the VSIP III region has remarkable connectivity potential:
Notably, VSIP III Industrial Park also benefits from Tan Uyen district’s focus on developing multiple large industrial parks. Notable among these are VSIP II Industrial Park, Nam Tan Uyen Industrial Park, and Tan Lap Industrial Park.
Although not yet completed, VSIP III has already garnered considerable attention from domestic and foreign investors. This is due to its excellent location as well as the substantial investment made in its infrastructure, aiming to provide an attractive business environment and professional customer support.
Investing in VSIP III provides businesses with the support of the Industrial Park Management Board and the provincial government. During their operation in this location, investors can expect modern and diverse facilities, including:
These amenities will enhance the quality of life for residents and convenience for workers in the area.
The technical infrastructure of VSIP III Industrial Park is an essential attraction for both domestic and foreign investors. It offers the following features:
With a modern and diverse infrastructure system, VSIP III is poised to become an attractive destination for both domestic and foreign investors.
Due to its attractiveness, VSIP III Industrial Park accommodates a wide range of industries, including but not limited to:
The Management Board of VSIP III Industrial Park, along with local authorities and the Binh Duong Provincial People’s Committee, consistently strives to create favorable conditions and support investors. Specific preferential investment policies at VSIP III Industrial Park include:
In addition, investors are also supported to participate in provincial or national economic and trade promotion programs, and they receive support for trademark business registration fees.
To make informed decisions about choosing VSIP III for production and business expansion, investors should also consider the investment costs. Below is an information table detailing the investment costs at VSIP III.
Land rental price with infrastructure | 200 USD/m2 (Equipped with modern infrastructure, suitable for investment and business development) |
Water price | 0.5 USD/m3 |
Labor costs | 250-500 USD/person/month |
Electricity bill | 0.05 USD/kWh |
Cost of wastewater treatment | 0.28 USD/m3 |
Management fee | 0.48 USD/m2/year |
VSIP III offers competitive labor costs, ranging from $250 to $500 per person per month. This affordability has attracted a substantial workforce from various provinces and cities. Additionally, the park’s strategic location enables workers to easily commute to neighboring areas.
The diversity of fields and industries within VSIP III has led to the creation of approximately 50,000 jobs, significantly contributing to keeping the unemployment rate in Binh Duong low. The emphasis on social security support policies for workers in Binh Duong makes it easier to attract workers from different regions. As a result, businesses can focus on improving product quality and productivity without major concerns about labor resources.
With a track record of successfully developing large-scale industrial parks in Vietnam, VSIP is confident in transforming VSIP III into one of the country’s pioneering industrial parks focused on smart and sustainable industry practices. The establishment of VSIP III is expected to have a positive impact on urban development, infrastructure, population, and real estate value in Binh Duong.
We hope the information shared by TTTFIC about VSIP III Industrial Park has assisted investors in evaluating whether this location is suitable for their investment and business development. If you have any further questions or need additional details, please feel free to ask.
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
Industrial real estate in industrial zones, Vietnam
TTTFIC Group
Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.
https://tttfic.com
https://tttland.vn
https://24hbdfic.com
https://ttic.vip
https://247bdipss.com
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