PHU BINH INDUSTRIAL PARK - THAI NGUYEN

PHU BINH INDUSTRIAL PARK - THAI NGUYEN

Location: Phu Binh District, Thai Nguyen Province

Operational period: 2025 - 2075 

Total area: 675 hectares

Land lease price: 120 USD/m²/lease cycle

Overview of Phu Binh Industrial Park

Strategic Location and Regional Connectivity

​l Adjacent to Ring Road 5, National Highway 37, Provincial Roads DT269B, DT261D, DT261E, and the Thai Nguyen - Bac Giang - Hai Duong - Quang Ninh railway.

l Approximately 60 km from Hanoi city center;

l About 30 km from Thai Nguyen city center;

l About 51 km from Noi Bai International Airport;

l About 140 km from Hai Phong Seaport;

l About 150 km from Cai Lan Seaport, Quang Ninh;

l About 140 km from Tan Thanh border gate.

Key Industries Attracted to Phu Binh Industrial Park

l Mechanical engineering;

l Electronics industry;

l Semiconductor manufacturing;

l Clean technology industry;

l Information technology and digital engineering;

l Supporting industries;

l High-tech industries;

l Other non-polluting industries suitable for local planning.

Infrastructure at Phu Binh Industrial Park

Power Supply

A new 110kV Phu Binh 4 substation with a capacity of 3x63MVA, and an industrial park substation with a capacity of 63MVA.

Water Supply

Water sourced from the newly built Phu Binh Industrial Park water plant, ensuring stable supply.

Wastewater and Waste Treatment

Wastewater treatment plant with a capacity of 11,400 m³/day.

Fire Protection System

​Fire hydrants installed along the main roads in the park.

Greenery and Public Works

​Green space and public works account for 15-30% of the industrial park’s area.

Traffic System

l Main roads are 41 meters wide with 6 lanes.

l Inter-regional roads range from 26m to 30m wide with 4 lanes.

Detailed Planning Map of Phu Binh Industrial Park

Investment Incentives at Phu Binh Industrial Park

l 2 years of corporate income tax exemption, followed by a 50% reduction for the next 4 years.

l A preferential tax rate of 17% for 10 years.

l Exemption from import and export duties for certain raw materials, supplies, and components.

Investment Support at Phu Binh Industrial Park

Phu Binh Industrial Park assists secondary investors with several procedures:

l Business registration and investment certificate application;

l Post-investment procedures (seal carving, tax code registration, personnel registration);

l Application for the Land Use Rights Certificate;

l Labor recruitment;

l Obtaining construction permits, fire protection, environmental impact assessments (EIA), or environmental protection commitments;

l Consulting and introducing qualified design and construction contractors.

Investment Process at Phu Binh Industrial Park

1. Site survey and selection;

2. Signing of a preliminary land lease agreement (40% deposit);

3. Application for the Investment Registration Certificate;

4. Signing of the official land lease contract (additional 40% payment);

5. Land handover (final 20% payment and VAT);

6. Construction of factories;

7. Installation of machinery and production start-up.

Land Lease and Other Fees at Phu Binh Industrial Park

Land lease price: 120 USD/m²/lease cycle

Raw land tax: Paid annually according to state regulations

Management fee: 0.46 USD/m²/year

Wastewater treatment fee: 8,500 VND/m³

Water price: 12,500 VND/m³

Electricity prices:

l Peak hours: 2,871 VND/kWh

l Normal hours: 1,555 VND/kWh

l Off-peak hours: 1,007 VND/kWh

Telecommunication charges: Based on the rates of the service provider at the time of installation

The above prices and fees exclude VAT and may be subject to change. Please contact IIP for the latest updates.

Contact:

​For land lease inquiries to establish factories at Phu Binh Industrial Park, please contact the hotline at 1900.888.858 or email: [email protected].