Bac Giang 1 Industrial Park

1. Location of Industrial Park:

     The industrial park in Bac Giang province is located on National Highway 17, very conveniently connected by air, sea, and road to seaports, airports and major city centers such as Hanoi, Bac Ninh, and Bac Giang via National Highway 1A and National Highway 18.

– Synchronous traffic system, conveniently planned: 55 kilometers from Hanoi capital center, 10 kilometers from Bac Giang city, 12 kilometers from Bac Ninh city, 50 kilometers from Noi Bai airport, 90 kilometers from Hai Phong port, 120 kilometers from the Vietnam – China border gate.

2. Project scale: More than 377 hectares

– Industrial land area for lease: 267 hectares.

– Industrial land area has completed infrastructure and is ready for lease: 100 ha.

3.Term of land use: until 2071

4. Industry groups attract investment:

– Electronic industry and support;

– Consumer goods manufacturing industry;

– Mechanical industry;

– Other light industries;

5. Infrastructure of the Industrial Park:

Advantage:

– Has a convenient location, located on Highway 17, conveniently connecting with Hanoi, Bac Ninh as well as Hai Phong port, Vietnam – China border gate.

– Convenient power supply: 110/22KV national grid system with capacity of 63×2 MVA.

– The traffic system is designed modernly and synchronously (part of DH5B road connects directly to National Highway 1A and Ring Road 4) with a width of 42.5m (including 3 lanes). Internal branch roads 37m, 32m, 27m, 24m and 22.5m

– Water supply plant with capacity up to 30,000m3/day right in the Industrial Park

– Centralized wastewater treatment plant with capacity of 12,000m3/day and night

  – Human resources: abundant with 1,000,000 people of working age in the province. The province’s labor force is relatively young, 60% of the trained workforce is able to quickly receive modern technology as well as advanced management levels to meet investors’ requirements. The whole province has 41 training establishments, of which: 1 University, 4 Colleges, the rest are intermediate schools and vocational training centers.

+ Reasonable labor costs with minimum wage of region 3

 6. Support incentives when investing in industrial parks in Bac Giang province

 – Corporate Income Tax: Tax exemption for 2 years, 50% tax reduction for the next 4 years.

– Exemption from 11 years of land rent paid to the state from 2021.

7. About land leasing price

Infrastructure usage fee 135 USD/m2/1 project life cycle until 2071 (Note: land rental price depends on location and amount of land leased)

– Management fee 15,000 VND/m2/year

– Clean water price is 14,343 VND/m3

– Wastewater treatment price is 11,500 VND/m3

– Electricity price: according to Vietnam’s electricity price regulations.