IDICO CAU NGHIN INDUSTRIAL PARK

Province

Thai Binh

Occupancy Rate

65%

Area

184.07 hectares

Lease Price

90 USD/m2

Cau Nghin Industrial Park (also known as Cau Nghin IDICO Industrial Park) is located in Thai Binh province, on National Highway 10 – a vital traffic route connecting the provinces from Quang Ninh to Ninh Binh. Thanks to its favorable location, synchronous and modern technical infrastructure system according to IDICO standards, Cau Nghin Industrial Park has become an attractive destination, attracting many different manufacturing industries across the country.

Oriented to develop according to the green – clean – sustainable industrial park model, Cau Nghin Industrial Park aims to minimize environmental impacts and enhance the value of local economic development. This is a potential investment location, chosen by many domestic and foreign enterprises as a strategic starting point for the production expansion process.

IDICO Cau Nghin Industrial Park – Thai Binh

Details
Industrial Park NameIDICO Cau Nghin Industrial Park – Thai Binh
LocationAn Bai town and An Thanh commune, Quynh Phu district, Thai Binh province
Total Area184.07 hectares
Land Rental Price90 USD/m2
Construction Density60%
Occupancy Rate65%
Infrastructure information
Electrical System22kV
Water System6,500m3/day and night
Sewage System4,000 m3/day and night
Traffic SystemMain road 35m – 2 lanes. Secondary road 12m – 2 lanes and 28m – 2 lanes

1. Project Overview and Legal Information

Cau Nghin Industrial Park was approved by the Prime Minister in Document No. 1745/TTg-KTN dated October 16, 2008, on the investment policy of Cau Nghin Industrial Park project in An Bai town, Quynh Phu district, Thai Binh province.

The project has a total area of ​​184.07 hectares, of which 118 hectares are planned for industrial land. IDICO Corporation is the investor and the direct developer of infrastructure, ensuring synchronous and modern technical standards.

Thanks to its strategic location on National Highway 10, Cau Nghin Industrial Park is easily connected to major economic centers in the region, and is located near a densely populated area, helping businesses easily recruit workers and optimize operating costs.

Overview of Cau Nghin Industrial Park – Thai Binh:

  • Chinese name: 千桥工业区
  • Total area: 184.07 ha
  • Industrial land area: 118 ha
  • Occupancy rate: 65%
  • Land use term: until 2062
  • Location: An Bai Town, Quynh Phu District, Thai Binh Province
  • Investor: IDICO Corporation
  • Total investment capital: Updating

Project overview and legal information of IDICO Cau Nghin Industrial Park

2. Costs and incentives for land rental in Cau Nghin IDICO Industrial Park

Costs at Cau Nghin Industrial Park

  • Land rental price: 90 USD/m² (excluding VAT).
  • Electricity cost: Apply according to EVN’s electricity production price list.
  • Management fee: 0.05 USD/m²/year.
  • Clean water price: 11,000 VND/m³.
  • Wastewater treatment fee: 0.4 USD/m³.

Note: The above prices do not include VAT and may change from time to time without prior notice.

Labor cost:

  • Regional minimum wage (Region III): 3,640,000 VND/month (~156 USD).
  • Average actual salary: about 6,000,000 VND/month (~258 USD).

Investment incentives in Cau Nghin Industrial Park:

  • Corporate income tax: 50% exemption from corporate income tax for the first 2 years, and a further 50% reduction for the next 4 years.
  • Import tax: Exemption from import tax for goods and equipment imported to serve production or construction projects in the industrial park.
  • Value added tax (VAT): Flexible application according to each production sector, in accordance with the regulations of the State of Vietnam.
  • Legal support: Investors are supported to quickly complete administrative procedures related to investment licenses, construction licenses and other legal documents.

Costs and incentives for land rental in Cau Nghin IDICO industrial park

3. Traffic connection of Cau Nghin Industrial Park

IDICO Cau Nghin Industrial Park has a strategic location right next to National Highway 10, a vital route connecting a chain of key economic provinces from Ninh Binh, Thanh Hoa, Nam Dinh, Thai Binh, Hai Duong, Hai Phong to Quang Ninh. Thanks to this advantage, the transportation – trade – logistics activities of enterprises in the industrial park are carried out conveniently, quickly and minimize operating costs.

Distance to key areas:

  • Thai Binh City Center: 25 km
  • Hanoi City Center: 200 km
  • Hai Phong City Center: 40 km
  • Hai Phong Port: 45 km
  • Song Hoa Port: 0.2 km
  • Noi Bai Airport: 130 km
  • Cat Bi Airport: 40 km

Google Map of Cau Nghin IDICO Industrial Park

4. Infrastructure system

IDICO Cau Nghin Industrial Park – Thai Binh is an attractive investment destination, attracting the participation of many domestic and foreign enterprises. The presence of factories, workshops and multi-sector industrial facilities has created a dynamic business environment, contributing to promoting regional economic development.

The industrial park is invested synchronously with a modern technical infrastructure system, ensuring to meet all the needs of investors:

  • Electricity system: Supplied from the national grid through Quynh Phu District Electricity, with a voltage level of 22kV, ensuring a stable and safe power supply for factories.
  • Water supply system: Clean water is supplied from the industrial park’s water plant, with a capacity of 6,500 m³/day and night, meeting production and living needs.
  • Wastewater treatment system: Centralized wastewater treatment plant with a capacity of 4,000 m³/day and night, all wastewater is treated to meet environmental standards before discharge.
  • Internal traffic system: The main road (D1B road) is 35m wide, divided into two lanes, modernly designed with lighting and security systems, convenient for transporting goods.
  • Information – postal system: There is a post office in Hoang Mai town and many private postal transit points, fully meeting the delivery and communication needs of businesses.
  • Telecommunications – Internet services: Telecommunications networks are provided by VNPT, FPT, Viettel, ensuring stable domestic and international connections, fully supporting telephone, fax, and high-speed Internet services.
  • Fire prevention and fighting: The fire warning and fighting system is installed synchronously, strictly complying with the State’s fire safety regulations.
  • Communication: The entire industrial park is connected to the telecommunications system of Thai Binh province by telephone cable network, ensuring large and stable transmission capacity for all investor activities.

Infrastructure system of Cau Nghin Industrial Park

5. Orientation of Cau Nghin Industrial Park

Cau Nghin Industrial Park – Thai Binh is one of the prominent investment destinations, attracting many diverse manufacturing industries. With the orientation of developing clean technology and environmentally friendly projects, the Industrial Park plays an important role in promoting the socio-economic growth of the locality.

The Industrial Park not only helps to optimize profits for investors, but also creates stable jobs for workers, contributing to improving people’s lives and promoting sustainable development of Thai Binh province in particular and Vietnam in general.

5.1. Attractive investment industries

Aiming at the goal of developing a green – clean – sustainable industrial park, Cau Nghin Industrial Park focuses on attracting environmentally friendly and high value-added industries. Currently, many key manufacturing sectors are being encouraged to invest here, including:

  • Mechanical engineering and production of equipment and spare parts.
  • Metallurgy, metal rolling industry.
  • Electronics, information technology and specialized and civil electronic equipment.
  • Production of high-quality construction materials.
  • Processing agricultural products and food using modern technology.

Orientation of Cau Nghin Industrial Park

5.2. Why choose Cau Nghin Industrial Park?

IDICO Cau Nghin Industrial Park is considered a potential investment destination thanks to its modern infrastructure, strategic location and attractive incentive policies, bringing outstanding profitability to businesses. Notable factors include:

  • Favorable geographical location: Located right next to National Highway 10, Cau Nghin Industrial Park connects directly with key industrial provinces and cities, creating convenient conditions for transporting goods, raw materials and import and export.
  • Synchronous technical infrastructure: The industrial park is invested in a modern, scientifically planned manner, suitable for many industries such as garment, footwear, mechanics, electronics, agricultural processing and consumer goods production. The entire electrical system, water supply and drainage, telecommunications, and internal traffic meet national standards.
  • Abundant human resources: Located near residential areas and large urban areas, the industrial park has easy access to a young, skilled workforce, especially agricultural workers who can quickly transition to the industrial sector.
  • Investment incentives: Because it is oriented as a key attraction for domestic and foreign investment, Cau Nghin Industrial Park enjoys many incentives on taxes, administrative procedures and investment support, helping businesses save maximum initial costs.
  • International cooperation opportunities: With the advantage of being located on a key trade route, Cau Nghin Industrial Park is an attractive destination for investors from Japan, Korea, Taiwan, and Singapore, opening up opportunities for connection, cooperation and sustainable development.

Why choose Cau Nghin Industrial Park?

5.3 AVA Assessment

Thanks to its favorable geographical location, the distance from Cau Nghin Industrial Park to the city center is not too far, helping businesses easily attract and recruit a stable and abundant local workforce.

However, due to its distance from major seaports and airports, the connection of logistics and international supply chains of this industrial park is still limited, requiring optimal solutions for transporting and distributing goods to improve operational efficiency.

AVA’s assessment of Cau Nghin Industrial Park

6. Some pictures at Cau Nghin Industrial Park

Below are some photos taken directly at Cau Nghin Industrial Park:

Cau Nghin Industrial Park – Thai Binh 3

Cau Nghin Industrial Park – Thai Binh

Cau Nghin Industrial Park – Thai Binh

Cau Nghin Industrial Park – Thai Binh

7. AVA leading consulting unit

AVA is proud to have a team of experienced, dedicated experts with a deep understanding of the Industrial Real Estate market, always ready to accompany and support customers throughout the cooperation process.

We commit to:

  • Solid expertise – Optimal solutions: With a deep understanding of the industrial real estate market, AVA is confident in providing customers with the most suitable investment options and solutions.
  • Quick procedural support: AVA always ensures to complete investment documents and procedures quickly, helping to save maximum time and costs for businesses.
  • “One-Stop Service” process: With a closed, professional and meticulous working style, AVA is committed to bringing absolute satisfaction, even to the most demanding customers.