Song Cong Industrial Park II - Thai Nguyen
Song Cong Industrial Park II – Thai Nguyen | Area: 250 ha – Term: Until 2067
Overview
Song Cong Industrial Park II (SCIP II) was approved by Decision No. 1107/QĐ-TTg on August 21, 2006, by the Prime Minister regarding the development plan of industrial parks in Vietnam until 2015 and orientations to 2020. Following the success of Song Cong Industrial Park I, SCIP II was established with a promise of bringing new momentum for the development of Thai Nguyen Province.
In March 2017, Prime Minister Nguyen Xuan Phuc approved the investment policy for the infrastructure development project of SCIP II in Song Cong City, Thai Nguyen Province. The infrastructure development is managed by Thai Nguyen Industrial Park Infrastructure Development Company. This project, associated with a resettlement area and a 36m-wide road linking SCIP II to the old National Highway 3 and the Song Cong intersection, is one of the province’s key projects aimed at improving the investment attraction quality to make Thai Nguyen an industrialized province in the near future.
Location
SCIP II, spanning 250 ha, has successfully attracted over USD 1.2 billion in investment, focusing primarily on industrial sectors like mechanical engineering, automotive manufacturing and assembly, and electronic goods production. These projects are expected to generate over USD 2 billion in export revenue, USD 1.6 billion in imports, create 30,000 jobs annually, and contribute around VND 1,000 billion to the local budget yearly.
Infrastructure
SCIP II is located in Song Cong City, Thai Nguyen Province, encompassing wards and communes such as Bach Quang, Luong Son, and Tan Quang. It lies 9 km from Thai Nguyen City, benefitting from nearby infrastructure such as National Highways 3, 37, and CT07. The area has a highly developed transportation network, offering excellent advantages for investment attraction.
Infrastructure
Internal Roads:
- Main roads: 42m wide, 4-6 lanes.
- Branch roads: 13.5m-18.5m wide, 2 lanes.
- Flat terrain supports efficient traffic flow.
Power Supply:
- Power lines of 220kV, 110kV, and 35kV run adjacent to the park.
- 130 MVA capacity sourced from provincial power substations.
Public Lighting:
- Separate street lighting system along major roads.
Water Supply:
- Capacity of 7,000-10,000 m³/day-night, ensuring sufficient quantity and quality for production and residential needs.
Wastewater and Stormwater Drainage:
- Separate drainage systems for industrial wastewater and rainwater.
- Wastewater is treated before discharge into receiving sources.
Waste Treatment:
- Investors contract professional waste management services.
Wastewater Treatment:
- Treatment plant capacity: 2,000 m³/day.
- Treated water meets TCVN 5945-2005 Type B standards.
Telecommunications:
- Equipped with international-standard cable and devices for high-speed connectivity.
Key Industries
- Mechanical engineering and machinery manufacturing.
- Automotive manufacturing and assembly.
- Electronic product manufacturing.
Labor Costs
Located in Region II, the current minimum wage in SCIP II is VND 4,410,000/month. Thai Nguyen has an extensive network of universities, colleges, and vocational schools, producing nearly 100,000 skilled workers annually, ensuring a high-quality labor supply for industrial demands.
Social Infrastructure
- Customs Services: On-site customs clearance.
- Banking: Services from major banks like Oceanbank, Vietcombank, BIDV, and more.
- Postal Services: Delivered by providers like TDT Express, VNPT, DHL, and FedEx.
- Transportation: Well-connected bus routes to nearby provinces and cities.
- Fire Safety: Fire hydrants installed along all major roads.
- Accommodation: Close proximity to vibrant residential areas.
- Healthcare: Supported by local hospitals and clinics for workforce health and safety.
- Education: A network of schools available for workers and residents’ children.
Investment Advantages
Strategic Location:
- Positioned within Hanoi’s industrial belt, with direct connections to major highways.
Skilled Labor Force:
- Thai Nguyen is one of Vietnam’s leading provinces in vocational education, training thousands of skilled workers annually.
Investment Incentives:
- Projects meeting specific conditions can enjoy land lease reductions and infrastructure fee waivers for several years.
- Financial support for local labor training, amounting to VND 1,750,000/person.
SCIP II represents a dynamic and strategic investment destination for businesses seeking growth in Vietnam’s northern industrial hubs.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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