VSIP - Bac Ninh Industrial Park

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Information
Operating time: 2007 - 2057
Total Area: 700 Ha
Infrastructure investors: Vietnam-Singapore industrial park j.v. co. ltd
Price: 200 USD/m²
Building density: 60%
Occupancy: 100%
Address: Huu Nghi Boulevard, Phu Chan Commune, Tu Son District, Bac Ninh Province

I. OVERVIEW:

On June 4, 2007, the Prime Minister of Vietnam’s Government issued Decision No. 676/TTg-CN, marking the establishment of VSIP-Bac Ninh Industrial Park. In this document, the Prime Minister approved the Vietnam-Singapore Limited Liability Joint Venture Company as the developer of the industrial, residential, and service area with a total area of approximately 700 hectares, including 500 hectares for industrial purposes and 200 hectares for residential and service purposes. In addition, the Prime Minister stated in Decision No. 1107/QD-TTg (dated August 21, 2006) that the Vietnam-Singapore Industrial Park in Bac Ninh Province, covering an area of 500 hectares, would be included in the list of prioritized new industrial parks to be established by 2015.

In November 2007, the construction of VSIP-Bac Ninh Industrial Park commenced. Singaporean architects master-planned the industrial park, ensuring it adheres to international standards. The park emphasizes environmental protection, aiming to create a clean and green industrial park and a modern urban area in the northern part of Hanoi. With a top priority on the environment, advantages in terms of land area, a strategic location close to Hanoi, and convenient transportation routes, VSIP quickly became a clean industrial park with environmental and advanced production technology standards, attracting a series of large-scale projects.

Vietnam-Singapore Industrial Park (VSIP) – Bac Ninh

    • Developer: Vietnam-Singapore Limited Liability Joint Venture Company
    • Location:  Phu Chan Commune, Tu Son District, Bac Ninh Province
    • Scale: 500 ha IP, 200 ha C&R
The panorama of VSIP - Bac Ninh Industrial Park
The panorama of VSIP – Bac Ninh Industrial Park – TTTFIC Group

II. GEOGRAPHIC LOCATION:

VSIP-Bac Ninh Industrial Park is located adjacent to National Highway 1A and Provincial Road 295, connecting to the national transportation network and near important arterial roads.

  • Approximately 16km from the capital city, Hanoi.
  • Approximately 110km from Hai Phong Port.
  • Approximately 55km from Noi Bai International Airport.
  • Approximately 140km from Cai Lan Port, Quang Ninh.
  • Approximately 135km from the Vietnam-China border crossing (Lang Son).
Map of VSIP - Bac Ninh Industrial Park
Map of VSIP – Bac Ninh Industrial Park – TTTFIC Group

III. INFRASTRUCTURE:

Power supply system:

The national grid directly supplies power to the industrial park. The design and arrangement of low-voltage power lines to the factories are underground. Within the industrial park, the implementation of the underground design encompasses the low-voltage power and lighting system. This power system guarantees an ample supply for both production and daily activities carried out in the industrial park.

Clean water supply system:

The water supply for Phase I of the industrial park originates from a water treatment plant with a capacity of approximately 10,000 m3/day and night, while Phase II possesses a capacity of 13,000 m3/day and night. The design of the water supply system follows a loop network plan.

Wastewater treatment system:

The industrial park has a wastewater treatment plant located in the southeast of the project area. The wastewater drainage system is completely independent of the stormwater drainage system. Factories and plants within the industrial park are responsible for treating their wastewater to meet Class B standards before they can discharge it into the centralized wastewater treatment system. The collection of domestic wastewater is conducted through main sewer lines, which transfer the wastewater to the wastewater treatment plant located within the park. The industrial park utilizes three pumping stations to transport all wastewater to the park’s treatment plant, with an average capacity of around 5,600 m3/day and night.

Transportation system within the park:

The central road axis in the industrial park is 34 meters wide with 4 to 6 lanes. The main roads within the industrial park measure 23 meters in width and consist of 2 lanes. Additionally, street lighting is installed along these road axes.

Communication system:

The industrial park utilizes a synchronized fiber optic cable communication system. The installation of communication cables is done underground. Power supply is provided by the telecommunications and television infrastructure within the area.

Fire protection system:

Fire hydrants are installed along the roads within the industrial park according to legal standards.

Stormwater drainage system:

The designed gradient of the foundation at the industrial park is 0.4%. The planning for the stormwater drainage area is carried out separately. The arrangement of the network of stormwater drainage pipes follows a gravity flow system along the transportation routes. The collection of stormwater takes place through direct catch basins, and the Tri Phuong pumping station is responsible for discharging the collected stormwater into the Huc and Duong rivers.

IV. LAND LEASING COST AND INVESTMENT INCENTIVES:

  • Land leasing cost with infrastructure: $200/m2 (depending on the location of each plot).
  • Annual land leasing fee: According to the decision of the People’s Committee of Bac Ninh Province.
  • Clean water supply cost: According to the regulations of the service provider.
  • Wastewater treatment fee: Both the People’s Committee of the province and the Industrial Park Management Board establish the regulations that determine the wastewater treatment fee.
  • Labor cost: Reference price of $100-500/person/month.
Transportation of VSIP - Bac Ninh Industrial Park
Transportation of VSIP – Bac Ninh Industrial Park – TTTFIC Group

V. INVESTMENT INCENTIVES:

Tax incentives: 100% exemption of corporate income tax for the first 2 years and a 50% reduction in corporate income tax for the following 4 years.

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


  • 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.

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TTTFIC Group 

Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.

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