Bim Son Industrial Park - Zone B, Thanh Hoa - Vietnam Real Estate

Bim Son Industrial Park - Zone B, Thanh Hoa

Bim Son Industrial Park – Zone B, Thanh Hoa. Area: 258 ha – Term: Until 2063

Overview

Bim Son Industrial Park (IP) was established under Decision No. 1471/2005/QD-UBND on June 2, 2005, approving its detailed master plan. Located along the North-South Railway, the IP benefits from a strategic location near Bim Son Town, Thanh Hoa Province. Its advantages include robust electricity and water supply, convenient transportation, and accessible services. Labor is skilled, while land and infrastructure investment costs are significantly lower than in other northern Vietnam IPs.

The total adjusted area of Bim Son IP is 367 ha, divided into two zones: Zone A and Zone B. Zone B, with a total area of 222 ha, is developed in two phases:

Phase 1: 120 ha
Phase 2: 102 ha

Zone B falls within Bac Son and Ba Dinh wards of Bim Son Town and is managed by HUD4 Investment and Construction JSC.

Location

Situated in northern Thanh Hoa Province along National Route 1A, Bim Son IP (Zone B) is only 30 km from Thanh Hoa City. With its prime geographical location and multi-industry capacity, it is considered a potential IP and an attractive investment destination for domestic and international businesses.

Infrastructure

Internal Roads

- Main roads: 32.5 m wide.
- Branch roads: 26.5 m wide.
- A 4 km dedicated railway connects Bim Son Station to the specialized station of Bim Son Cement Factory.

Electricity Supply

- Power sources: 22KV, 35KV, and a 110KVA substation with a capacity of 40x40MVA.
- Stable 24/7 electricity supply, even during peak seasons, meeting customized needs.
- Total electricity demand of the IP: approximately 37,650 KVA.

Public Lighting

- Street lighting is designed separately from residential power systems and installed along all internal roads.

Water Supply

- Water is sourced from Bim Son Water Plant, with a total supply capacity of 4,000 m³/day-night.

Drainage Systems

- Rainwater and wastewater systems are installed along roads, directing flow to the IP’s central treatment facility.

Waste Management

- Solid waste is sorted, collected, and transported to designated disposal sites in accordance with local regulations.

Wastewater Treatment

- A centralized underground wastewater treatment plant with a capacity of 3,200 m³/day-night ensures environmental compliance.

Telecommunications

- Comprehensive services, including broadband ADSL, fiber optics, and telephony, are available within the IP.

Supported Industries

Bim Son IP (Zone B) primarily targets industries such as:

Automobile manufacturing and assembly.
Textile, garment, and footwear production.
Consumer goods manufacturing.
Mechanical engineering.
Advanced construction materials production.
Steel structure manufacturing.
Electronics and high-tech products.
Agricultural and forestry product processing for export.

Labor costs

Located in Bim Son Town, Thanh Hoa Province (Zone III), the current regional minimum wage is 3,430,000 VND/month.

Social Infrastructure

Customs Services:Thanh Hoa Customs Office is 40 km from the IP, with plans to establish an on-site office.
Banking:Local branches of BIDV, Agribank, Techcombank, and Sacombank plan to open within the IP.
Postal Services:Bim Son Post Office, VNPT, and Viettel are preparing to establish postal and telecommunications branches in the IP.
Public Transportation:Bus routes connect the IP to Thanh Hoa City, Hanoi, Quang Ninh, and Hai Phong.
Fire Protection:The IP features a nationally standardized fire protection system with 69 hydrants spaced an average of 150 m apart.
Security:24/7 professional security services ensure safety.
Housing:Proximity to bustling residential areas meets the housing and living needs of IP employees.
Healthcare:Bim Son General Hospital, located 4 km from the IP, offers modern facilities for workers’ healthcare needs.
Education:A diverse range of universities, colleges, vocational schools, and training centers in Bim Son Town and Thanh Hoa Province provides a skilled workforce.

Investment Advantages

Strategic Location for Logistics

The IP’s strategic position facilitates efficient goods transportation, logistics, and trade, significantly reducing time and costs for investors.

Comprehensive Infrastructure

The park boasts fully developed and modern infrastructure, including electricity, water, transportation, telecommunications, and social amenities, ensuring seamless operations for investors.

Supportive Administration

Local authorities and administrative units offer maximum support to investors.

Abundant Workforce

Thanh Hoa Province, with the third-largest population in Vietnam, has a well-developed training system that meets investors’ needs for both skilled and unskilled labor.

Competitive Land Costs and Tax Incentives

The park offers competitive land rental rates and attractive tax incentives, including a “4-year tax exemption and 9-year tax reduction” policy.

(Note: all information above is for reference only. Actual information will be calculated according to the current time)