BINH MINH INDUSTRIAL PARK
Province
Vinh Long
Occupancy Rate
98%
Area
134 hectares
Lease Price
120 USD/m2
Details
Industrial Park Name | Binh Minh Industrial Park |
Location | My Hoa Commune, Binh Minh Town, Vinh Long Province |
Total Area | 134 hectares |
Land Rental Price | 120 USD/m2 |
Construction Density | 60% |
Occupancy Rate | 98% |
Electrical System | Powered by the national power grid, directly supplied by Vinh Long Power Company: 110/158/2KV source, 20,000KW capacity, 25MVA power output. |
Water System | 7,000 m3/day |
Sewage System | 5,000 m3/day |
Traffic System | The main road is 40m wide, and the internal roads are 27-40m wide, connecting to the Can Tho Bridge interchange. They are paved with hot asphalt concrete and designed according to Vietnamese standard H30. |
1. Project overview and legal information
The Binh Minh Industrial Park was established by the People’s Committee of Vinh Long Province according to Decision No. 1537/QD-UBND dated July 31, 2007, with an initial scale of 91 hectares.
Overview of Binh Minh Industrial Park:
- Project Name: Binh Minh Industrial Park
- Location: My Hoa Commune, Binh Minh Town, Vinh Long Province
- Area: 91 hectares
- Operating Period: 50 years (2006 – 2056)
- Occupancy Rate: Approximately 97%
- Investment Attractions: Processing of agricultural and aquatic products; production of consumer goods (textiles, wood, handicrafts, packaging); production of building materials (bricks, tiles, roofing sheets); cosmetics; manufacturing and assembly of machinery for industry and agriculture
Regarding labor resources, Vinh Long Province has a population of nearly 1.2 million people, of which about 70% are of working age. The training system comprises numerous universities, colleges, vocational schools, and training centers, ensuring a stable supply of human resources for businesses. Furthermore, the industrial park has the advantage of attracting labor from neighboring localities such as Can Tho, An Giang, Ben Tre, Tra Vinh, Hau Giang, and Dong Thap. Currently, Binh Minh Industrial Park provides employment for approximately 14,000 workers, contributing to the socio-economic development of the locality.
2. Investment costs and incentives
- Land lease price: approximately 60 – 80 USD/m² for the remaining term (VAT included)
- Factory/warehouse lease price: 2.2 – 2.3 USD/m²/month
- Infrastructure maintenance fee: 0.2 USD/m²/year
- Management fee: 0.1 USD/m²/year
- Wastewater treatment fee: 0.3 USD/m³
Investors in Binh Minh Industrial Park enjoy numerous tax incentives and administrative support:
- Incentives for corporate income tax and import/export tax as per current regulations
- Support from the Vinh Long Provincial People’s Committee and the industrial park developer
- Legal procedure support: business registration, investment certificate, seal, tax code, etc.
Processing time:
- Business registration certificate: approximately 7 days
- Investment registration certificate: approximately 15 days
3. Geographical location
Binh Minh Industrial Park is located in the heart of the Mekong Delta, playing a crucial role in connecting the Western provinces with Ho Chi Minh City and other key economic regions. Thanks to its integrated transportation system including roads, waterways, and air routes, the transportation of goods and raw materials is convenient.
- Road access: adjacent to National Highway 1A, near Can Tho Bridge and the Trung Luong – Can Tho Expressway.
- Waterway access: directly connected to Binh Minh Port.
- Air access: approximately 15 km from Tra Noc International Airport (Can Tho).
Distance to key centers and infrastructure:
- Distance to Can Tho City: 5 km
- Distance to Vinh Long City: 30 km
- Distance to Ho Chi Minh City: 124 km
- Distance to Can Tho Airport: 15 km
- Distance to Cai Cui Port: 5 km
- Distance to Can Tho Port: 16 km
4. Infrastructure System
The Binh Minh Industrial Park has been comprehensively invested in to better meet the production needs of businesses:
- Internal transportation: main arterial road 40m wide, internal roads from 27–40m wide, meeting high technical standards.
- Electrical system: supplied from the national power grid with a capacity of approximately 20,000 kW and 25 MVA.
- Water supply: internal water treatment plant with a capacity of 7,000 m³/day combined with a provincial supply source.
- Wastewater treatment: capacity of 5,000 m³/day, ensuring environmental standards before discharge.
- Telecommunications: fiber optic cable system, high-speed internet, synchronous connection.
- Other amenities: internal port, housing area for workers and experts, bank, customs, green park.
Building regulations:
- Building density: maximum 60%
- Factory height: 1-3 stories
- Minimum setback: 6m
- Green space ratio: minimum 20% of the land area