BAO MINH INDUSTRIAL PARK

Province

Nam Dinh

Occupancy rate

100%

Area

215 hectares

Lease Price

90 USD/m2

Bao Minh Industrial Park is located in the alluvial plain of Vu Ban district, Nam Dinh province. It is an industrial park with a favorable trading location, designed to develop into a modern industrial park with synchronous infrastructure to create a classy environment for investors.

Bao Minh Industrial Park – Nam Dinh

Details

Industrial park name

Bao Minh Industrial Park – Nam Dinh

Location

Lien Minh Commune, Vu Ban District, Nam Dinh Province

Total area

215 hectares

Land rental price

90 USD/m2

Construction density

60%

Occupancy rate

100%

Infrastructure information

Electrical system

220/110kv

Water system

20,000m3/day and night

Sewage system

20,000m3/day and night

Transportation system

The main road in the industrial park is 50m wide. The road surface is paved with asphalt concrete, all internal traffic routes are equipped with high-pressure lighting systems.

1. Project overview and legal information

Bao Minh Industrial Park was developed under Decision No. 463/QD-TDDM dated August 15, 2007 issued by Vietnam Textile and Garment Group, assigning the task of investing and operating industrial park infrastructure in Nam Dinh province.

Then, on December 20, 2007, Nam Dinh Provincial People’s Committee issued the first Investment Certificate No. 373/UBND-VP5 (code: 07121000039) for the Bao Minh Industrial Park infrastructure development project with a scale of over 150 hectares, located in Lien Minh, Lien Bao, Kim Thai communes of Vu Ban district, Nam Dinh province.

Bao Minh Industrial Park Details:

  • Industrial park name: Bao Minh Industrial Park
  • Chinese name: 宝明工业区
  • Total area: 215 ha
  • Occupancy rate: 100%
  • Land use term: Until 2060
  • Location: Lien Minh Commune, Vu Ban District, Nam Dinh Province
  • Investor: Bao Minh Industrial Park Infrastructure Investment Joint Stock Company
  • Total investment capital: More than 2,000 billion VND

Project overview and legal information of Bao Minh Industrial Park – Nam Dinh

2. Land rental costs in Bao Minh Industrial Park

Located in the Northern Delta, Bao Minh Industrial Park has clean land fund, full and modern infrastructure investment, land area can be divided according to the requirements of individuals and investors in production.

  • Land rental price: 90 USD/m2
  • Infrastructure management fee: 0.5 USD/m2/year
  • Electricity fee:
    • Normal hours: 0.07 USD
    • Off-peak hours: 0.04 USD
    • Peak hours: 0.12 USD
  • Clean water supply price: Updating
  • Clean water price for daily life: 11,940 VND/m3 (0.52 USD/cum)
  • Clean water price for production according to usage flow: From 8,200 VND/m3 to 11,440 VND/m3 (from 0.36 USD/cum to 0.50 USD/cum)
  • Wastewater treatment fee: Updating

Land rental cost in Bao Minh industrial park

3. Traffic connection of Bao Minh Industrial Park

Strategic traffic location of Bao Minh Industrial Park
Bao Minh Industrial Park has a prime location adjacent to the North-South railway and National Highway 10 – the main traffic axis connecting the Northern coastal provinces such as Quang Ninh, Hai Phong, Thai Binh, Nam Dinh, Ninh Binh and Thanh Hoa. In addition, the industrial park is also conveniently connected to important national highways such as National Highway 5, National Highway 21, National Highway 37 and National Highway 39, creating ideal conditions for transporting goods and trading with major economic centers across the country.

Connection distance:

  • Hanoi: 90km away – about 1 hour 45 minutes travel
  • Nam Dinh City: 13km away – about 18 minutes
  • Noi Bai International Airport: 120km away – about 2 hours 10 minutes
  • Nam Dinh Railway Station: 12km away – about 10 minutes
  • Phu Ly Railway Station (Ha Nam): 37km away – about 30 minutes
  • Hai Phong Port: 90km away – about 1 hour 50 minutes

This strategic location makes Bao Minh Industrial Park an ideal destination for investors looking for development opportunities in the Red River Delta and Northern Vietnam.

Traffic connection of Bao Minh Industrial Park

4. Infrastructure system

Technical infrastructure at Bao Minh Industrial Park
Bao Minh Industrial Park has invested in modern infrastructure, ensuring to fully meet the technical and operational requirements of enterprises:

  • Internal traffic: The main road axis is up to 50m wide, paved with high-quality Asphalt. The entire internal road system is installed with a synchronous lighting system, ensuring smooth traffic day and night and effective connection with regional routes.
  • Power system: Medium voltage power is supplied directly from the national grid through the 220/110kV Vu Ban transformer station, with large capacity to meet the needs of industrial production. The distribution grid has been completed, ready to supply low voltage power to each factory and workshop.
  • Water supply system: A clean water supply station is built separately with a capacity of 20,000m³/day and night, not only meeting the needs of enterprises in the area but also serving the neighboring community.
  • Wastewater treatment: The industrial park is equipped with a centralized wastewater treatment plant with modern technology, capacity of 2,000m³/day and night. Wastewater is collected through a drainage system arranged along the roads and led to the central treatment station, ensuring that it is treated to standards before being discharged into the environment.

With complete and synchronous technical infrastructure, Bao Minh Industrial Park is an ideal destination for businesses looking for a professional, modern and sustainable investment environment.

Bao Minh Industrial Park Infrastructure System

5. Orientation of Bao Minh Industrial Park

Bao Minh Industrial Park was established and developed from the beginning with the attention of the Government and the People’s Committee of Nam Dinh province in particular, to promote the economy and attract investment.

5.1 Industries attracting investment in Bao Minh Industrial Park

Bao Minh Industrial Park – Destination of prestigious international corporations
Bao Minh Industrial Park has become an ideal investment destination for many large corporations in the world, typically: Sumi Wirings of Sumitomo Group (Japan), Sunrise Smart Shirts (Hong Kong), Luentai, Padmac (Germany), and Junzhen (Taiwan). Attracting leading international investors not only demonstrates the attractiveness of the industrial park but also contributes to improving the quality and reputation of the investment environment in Nam Dinh.

The main investment attraction sectors in Bao Minh Industrial Park include:

  • Mechanical processing and manufacturing
  • Electronic components and high-tech production
  • Textile and garment export industry
  • Leather shoe and fashion accessories production
  • Food and pharmaceutical processing
  • Warehousing, transportation and logistics services

5.2 Why choose Bao Minh Industrial Park?

Bao Minh Industrial Park – A sustainable foundation for investors
Planned and developed according to the model of a modern industrial park, Bao Minh Industrial Park not only possesses a synchronous infrastructure but also plays a strategic connecting role in the industrial value chain in the Northern region. This is an ideal destination for domestic and foreign enterprises looking for a stable, effective and long-term investment environment.

  • Strategic location connecting the region:
    Located in Vu Ban district, Nam Dinh province, Bao Minh Industrial Park has a great advantage when conveniently connecting with key traffic routes to Hai Phong, Hanoi, Ha Nam and Ninh Binh. This location helps businesses easily access major economic centers and the system of seaports and international airports.
  • Modern and synchronous technical infrastructure:
    The entire area is invested systematically with a modern traffic system, electricity supply, water supply, wastewater treatment and telecommunications. This helps businesses quickly deploy production activities, reduce initial infrastructure costs and ensure stable, long-term operations.
  • Abundant workforce:
    Bao Minh is surrounded by a densely populated area, a young workforce with diverse skills and easy to recruit. Businesses can rest assured about the local human resources serving different manufacturing industries.
  • Clear and attractive incentive policies:
    Investors enjoy incentives on corporate income tax, import tax exemption and reduction, land rent incentives… according to current regulations. This is a key factor helping businesses reduce costs and improve competitiveness in the market.
  • Expanded cooperation and trade environment:
    With the increasing presence of businesses in many fields, Bao Minh Industrial Park creates a dynamic production ecosystem and opportunities for cooperation and high value chain linkage. This promotes trade and strengthens the position of businesses in the domestic and international markets.

5.3 AVA Assessment

  • Abundant and youthful workforce:
    The area has an abundant human resource with about 1 million people of working age, accounting for 60% of the province’s population. This is a great advantage as businesses can easily access a young, dynamic workforce – a key factor in ensuring stable and long-term production activities.
  • Geographical challenges:
    Despite its strong development potential, this industrial park still has certain limitations in terms of traffic connections due to its long distance to the airport and major seaports. This can affect logistics costs and transportation times in the goods supply chain.

6. AVA – Leading Investment Consulting Unit

  • Extensive expertise:
    AVA has many years of experience in the industrial real estate sector, deeply understanding the market as well as the trends and needs of each customer group.
  • One-Stop Service:
    AVA provides comprehensive solutions, from initial consultation, finding suitable locations, supporting negotiations – signing contracts to completing legal procedures, ensuring customers’ peace of mind throughout the entire investment process.
  • Customer orientation:
    AVA always puts the interests of customers first, committed to providing the most suitable solutions to the actual needs and financial capacity of each business, helping to optimize investment efficiency and long-term operations.