In the previous article, investors could partly examine the important factors to be considered before investing in the largest and oldest industrial parks of Binh Duong province. This article shall analyze the characteristics, economic advantages, and preferential policies that the Government has granted to industrial zones in the North of Binh Duong province. The industrial zones in this area attract investments in food processing, agricultural and forestry products. Therefore, investors may refer to the conditions to choose the right investment location.
1. Song Than 1 Industrial Park
Scale of the industrial park
Song Than 1 Industrial Park is built on a total area of 178.01 hectares. It is operating since 1995 with a total investment of 245 billion VND by Thanh Le Import-Export Trading Corporation.
Geographical location
Song Than 1 Industrial Park is 12 km from Saigon and Tan Cang ports, 100 km from Vung Tau port, 15 km from Tan Son Nhat Airport, next to North-South railway in the East, near Song Than station, 15 km from the economic-cultural-social center Ho Chi Minh City, 15 km from Bien Hoa City, and 100 km from Vung Tau City.
Rental price
The current land rental price is 90 USD/m2 for the lease term until 2045, and the factory rental price is 3 USD/m2. In addition, the leased land area in Song Than 1 Industrial Park is 139.71 hectares, reaching an occupancy rate of 100%. So, there is currently no land available for rent.
Business lines
- Mechanical engineering, machinery and equipment manufacturing, assembly and manufacture of means of transport, construction machinery, concrete and steel construction structures;
- Agricultural and forest product processing including rubber, cashew, coffee, animal feed, and wood;
- Light industries including garments, and electrical and electronic.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years with a further 50% reduction in CIT for the next 4 years for investments in new projects.
Typical enterprises in this industrial park
Including Casa Co. Ltd., Plantation Grown Timbers (Vietnam) Co. Ltd., Sieu Viet Rubber Co. Ltd., Uni Eastern Vietnam Co. Ltd., and United PoTTeries Saigon (Upsgn) Co. Ltd.
2. Song Than 2 Industrial Park
Scale of the industrial park
Song Than 2 Industrial Park was established in 1996 with a total investment of 423.28 billion VND by Dai Nam Joint Stock Company. The total area of industrial land for lease in this IP is 217.59 hectares of which, the area already leased is 209.98 hectares, thus reaching an occupancy rate of 96.5%.
Geographical location
Song Than 2 Industrial Park is located in Di An town and Tan Dong Hiep commune, Di An town, Binh Duong province. This area is convenient for the circulation and transportation of goods. It is also situated 12 km from Tan Son Nhat Airport, 1 km from Song Than ICD Port, 9.5 km from Tan Cang port,14 from Saigon Port and 15 km from Ho Chi Minh City.
Business lines
- Textile, garment, footwear;
- Electronics, household electrical appliances;
- Rattan, bamboo, furniture, fine arts;
- Mechanical processing and manufacturing;
- Building materials;
- Food and food processing;
- Glass, ceramics;
- 75 MW power plant.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years with a further 50% reduction in CIT for the next 4 years for investments in new projects.
Enterprises operating in this industrial park
Including Fujikasui Energy & Environmental Engineering Co. Ltd., Yen Yue Vietnam Co. Ltd., Great Eastern Resins Industrial (Vn) Co. Ltd., Bureau Veritas Consumer Products Services Vietnam Ltd.
3. Song Than 3 Industrial Park
With the experience of successful investing in Song Than 2 Industrial Park, Dai Nam Joint Stock Company received 533 hectares (accounting for 30% of the total 1,775 hectares of land) for the development of industrial and service urban complex in Song Than 3 Industrial Park. The total investment capital of this area is 935,945 billion VND and operates since 2008.
In addition, the 220 hectares of land have been sub-leased, reaching an occupancy rate of 67%. There is still land available to be leased .
Geographical location
Song Than 3 Industrial Park is located in Binh Duong Industrial Service Urban Complex in Phu Tan Ward, Thu Dau Mot Town, Binh Duong Province. This is one of the projects located in the industrial service urban complex in the center of Thu Dau Mot City. This park is situated in a convenient location 33 km from the center of Ho Chi Minh City, 22 km from Tan Son Nhat airport, 16 km from Song Than station and 39km from Dong Nai port.
Business lines
- Processed food, fruit, animal feed, confectionery, flour;
- Manufacturing of pharmaceuticals and cosmetics;
- Consumer goods, household goods, packaging (paper, plastic, aluminum, steel);
- Wood processing, printing, printing ink, plant growth agent extraction, gas extraction;
- Manufacturing or assembling electrical or electronic equipment, manufacturing and assembling bicycles and bicycle parts;
- Agricultural mechanization;
- Construction materials, concrete structures;
- Crafts and services.
Investment incentives
Investment activities in this industrial park include exemption from CIT for 2 years with a further 50% reduction in CIT for the next 4 years for investments in new projects.
Enterprises operating in this industrial park
Including Fasteners PHC Industrial Joint Stock Company, FORWARD Co. Ltd., DHP Vietnam Co. Ltd., Reach Gadys Co. Ltd., and PEPSICO Vietnam Food Co. Ltd.
4. Nam Tan Uyen Industrial Park
Scale of the park
Nam Tan Uyen Industrial Park was established in 2004, officially put into operation in 2005. This industrial park is built over an area of 330.51 hectares with a total investment of 335 billion VND by Nam Tan Uyen Industrial Park Joint Stock Company.
Geographical location
Nam Tan Uyen Industrial Park is located in Hamlet 4, Khanh Binh Commune, Tan Uyen District, Binh Duong Province. This is an area located on DT 746 and DT 747B roads. There are 6 lanes to access big cities, and it is located
- 30 km from Cat Lai Port,
- 16 km from Song Than ICD Port,
- 32 km from Tan Son Nhat Airport,
- 10 km from National Highway 13,
- 28 km from Ho Chi Minh City,
- 6 Km from Binh Duong New City.
Technical infrastructure
This industrial park has complete transport infrastructure with closed traffic network with routes designed to create aesthetic beauty for the industrial park. The road surface is covered with hot asphalt concrete with a width of 14-35m and standard load of H30. It also has complete infrastructure for electricity, water, and communication systems. There are facilities for workers such as houses and banks.
Land rental price
The total area of industrial land for lease is 204.06 hectares. Currently, 184.8 hectares have already been leased, thus reaching a 90.47%. occupancy rate. Land rental price ranges from 42 to 49 USD/m2/total land sublease term and excludes management fee.
Business lines
- Agricultural product processing, livestock and poultry feed production;
- Processing industry for agricultural development, mechanical manufacturing, agricultural machinery and tools, fertilizers, rubber products;
- Consumer goods for domestic use and export such as garment, woodworking, electrical appliances, household appliances, metal and plastic, all kinds of packaging;
- Building materials like kaolin mining, ceramic tile production, interior decoration materials, structural frames, roofing sheets, and cover panels.
Information about Nam Tan Uyen expansion industrial park
Nam Tan Uyen Expansion Industrial Park was built on an area of 288.52 hectares and was established in 2009 by Nam Tan Uyen Industrial Park Joint Stock Company. It is located in Uyen Hung commune, Hoi Nghia town, Tan Uyen District, Binh Duong province.
Geographical location
The expansion industrial park is located on the DT 746 and DT 747B roads with 6 lanes to access big cities. It is 18 km from Song Than ICD Port, 32 km from Cat Lai Port, 34 km from Tan Son Nhat airport, 30km from Ho Chi Minh City and only 8km from Binh Duong New City.
Land rental price
The total area of land leased out in this area is 8.6 hectares, reaching an occupancy rate of 4.3 %. Therefore, Nam Tan Uyen Expansion Industrial Park is a popular choice for investors who want to implement projects in Binh Duong province. Accordingly, the land rental price fluctuates from 36 to 42 USD/m2/total land sublease term and excludes management fees.
Business lines in this new industrial park
- Metallurgy, production of replacement tools, details and equipment;
- Equipment and machinery for agricultural and industrial production;
- Manufacturing all kinds of cars and motorcycles;
- Processing and assembling specialized machinery and equipment;
- Casting, rolling and drawing metal;
- Food processing, Food & Beverage, processing vegetables, tubers, fruits, cereals and agricultural products, dairy products, cattle and poultry, seafood processing, catering, confectionery of all kinds, fast food of all kinds, brewing, soft drinks of all kinds and pure drinking water.
- Group of projects to produce building materials: concrete structures, sewer pipes, wicks for foundation treatment, tunnel kiln bricks of all kinds, granite, pigment;
- Project group on pharmaceuticals and cosmetics: cosmetic production, manufacture of drugs for humans and livestock (including traditional and modern medicines), production and processing of biological products;
- Project group on textile (non-dyed) and garment: production of garments, leather (non-tanned), imitation leather, production of textile products (non-dyed);
- Group of other projects: assembly of electronic products, printing, packaging and related services;
- Handicraft production, wood processing and wood products;
- Manufacture of metal structures, tanks and boilers;
- Production of household and high-grade plastic and aluminum products;
- Manufacture of paper goods and packaging from used pulp or paper, production of technological products;
- Production of children’s toys;
- Supporting services for the operation of the industrial park such as office leasing, banking, postal, telecommunications, warehousing (including cold storage), warehousing services, transportation, delivery, food supply food, transportation, industrial hygiene, collection and transportation of solid waste, hazardous waste arrives thoroughly treated outside the industrial zone.
Investment incentives
Investment benefits in this industrial park include a 2 year CIT exemption followed with a possible reduction in CIT by 50% for the next 4 years for investments in new projects.
Enterprises operating in the industrial park
Including Pma Industrier Vietnam Co. Ltd., MTJV Vietnam Co. Ltd., Isuzu Tec Vietnam Co. Ltd., Son He Huan Shan (Vietnam) Co. Ltd.
5. Bau Bang Industrial Park
Scale of the park
Bau Bang Industrial Park was established in 2007 by Investment And Industrial Development Joint Stock Corporation (Becamex IDC). This industrial park is spread over an area of 997 hectares with a total investment of VND 1,570,578 billion.
Geographical location
Bau Bang Industrial Park is located in Lai Hung and Lai Uyen communes, Bau Bang district, Binh Duong province. Like My Phuoc Industrial Park, Bau Bang Industrial Park is also located in the southern key economic quadrangle area (Ho Chi Minh City, Binh Duong, Ba Ria-Vung Tau and Dong Nai), 60km from Ho Chi Minh City and 30 km from Thu Dau Mot city to the North. It is situated in a favorable location with the following advantages:
- Close access to seaports, international airports, and commercial service centers in Ho Chi Minh City (90 minutes by car). It is 60 km from Tan Cang, Saigon, VICT, ICD Phuoc Long ports and 62 km from Tan San Nhat international airport.
- The park is also next to National Highway 13, which has been upgraded and expanded with 6 lanes.
- It is also located at the intersection of important administrative units of Binh Duong Province – Thu Dau Mot City and Ben Cat town (14 km radius) in Bau Bang district.
Infrastructure
The infrastructure of Bau Bang Industrial Park includes a 25m wide internal road system, a fully equipped electricity-water system, postal and telecommunications services. At the same time, this park has its own wastewater treatment plant and fire protection system functioning with 24/7 security force.
Utilities in the industrial park
There is the labour advisory and support center to assist investors in recruiting and consulting on labour policies and creating jobs for workforce in the industrial park. It also has a commercial service area providing services such as: housing for experts, banks, delivery services, canteens for workers, medical care services and amusement parks.
The total area of land for lease in the industrial park is 699.24 hectares. 120 hectares are already leased, reaching an occupancy rate of 17.16%. Its large scale, expansion, and available land for lease help attract domestic and foreign investors.
Business lines
- Electrical and electronic industry, industrial electricity and household appliances;
- Electronics, informatics, information and telecommunications;
- Food processing, food, agricultural and forestry products;
- Manufacturing machines, automobiles, equipment and spare parts;
- Mechanical and precision mechanics with plating, ceramics, glass, crystal;
- Industrial gases;
- Steel manufacturing all kinds;
- Medical and optical instrument manufacturing;
- Sports equipment, children’s toys;
- Yarn, textile and garment industry;
- Imitation leather, leather shoes (excluding fresh leather);
- Pharmaceutical, cosmetic, agri-pharmaceutical, veterinary medicine;
- Plastic, tire tattooing, rubber (excluding fresh rubber latex);
- Wood production, interior decoration, construction materials;
- Packaging processing, printing, paper industry (excluding pulp from bamboo pictures, cork leaves, and planted forests);
- Industrial waste recycling.
Investment incentives
Investment benefits in this industrial park include an initial 2 year CIT exemption with a possible further 50% reduction in CIT for the next 4 years for investments in new projects.
Enterprises operating in the industrial park
Including YACHT Engineering Technology Co. Ltd., Polytex Far Eastern Co. Ltd., Asahi Chemicals Vietnam Co. Ltd., Chen Ho Textile Co. Ltd., and Shinji Vina Co. Ltd.
Find out full series Overview of industrial zones in Binh Duong province with [Part 1] – [Part 3].
