TAN BINH INDUSTRIAL PARK
Province
Binh Duong
Occupancy Rate
85%
Area
352.5 hectares
Lease Price
55 USD/m2
The Tan Binh Industrial Park’s detailed planning was approved by the People’s Committee of Binh Duong province according to Decision No. 252/QD-UBND dated February 2, 2012. Subsequently, the project was granted its initial Investment Certificate No. 46221001014 by the Binh Duong Industrial Parks Management Board on September 12, 2013.
Details
Industrial Park Name | Tan Binh Industrial Zone |
Location | Tan Binh Commune, Bac Tan Uyen District, Binh Duong Province |
Total Area | 352,5 hectares |
Land Rental Price | 55 USD/m2 |
Construction Density | 70% |
Occupancy Rate | 85% |
Infrastructure Information
Electrical System | |
Water System | 14,000 m3/day |
Sewage System | 2,500 m3/day (Phase 1) |
Traffic System | The road width is 24m. |
1. Project overview and legal information
With a total investment of over 830 billion VND, Tan Binh Industrial Park covers an area of 352.5 hectares, of which 244.5 hectares are designated for industrial production.
Overview of Tan Binh Industrial Park:
- Name: Tan Binh Industrial Park
- Location: Tan Binh Commune, Bac Tan Uyen District, Binh Duong Province
- Area: 352.5 hectares
- Operating period: 50 years (2012 – 2062)
- Occupancy rate: approximately 85%
- Investment sectors: Including processing of agricultural and forestry products, especially rubber products such as tires, auto and motorcycle parts, household goods, and plastic products; wood production, especially from rubber wood; industries serving agriculture such as manufacturing machinery, agricultural equipment, and fertilizers; and manufacturing consumer goods for domestic and export markets such as garments, electrical equipment, metal products, and packaging. Production of building materials and interior decoration; along with pharmaceuticals, cosmetics, food processing, fragrances, and chemicals.
Human Resources:
Binh Duong province has approximately 1.6 million people of working age, along with migrant workers from other localities, creating an abundant human resource for the industrial park. In addition, Tan Binh Industrial Park collaborates with vocational schools, training centers, and job placement agencies to support businesses in recruiting both unskilled and skilled workers.
2. Costs
3. Geographical location of Tan Binh Industrial Park
Tan Binh Industrial Park is located in the Southern key economic zone, boasting a favorable location with quick access to important transportation routes such as National Highways 1A, 13, 14, 22, 51, Ring Roads 3 and 4, and the My Phuoc – Tan Van axis. In addition, the industrial park is situated near an area providing abundant agricultural raw materials such as rubber (latex, wood) from Phuoc Hoa Rubber Joint Stock Company and smallholder farmers in the area, along with other agricultural products such as coffee, cashew nuts, pepper, and cocoa.
Distance to nearby areas:
- Approximately 51 km from the center of Ho Chi Minh City
- Approximately 22 km from Thu Dau Mot City
- Approximately 15 km from Binh Duong New City
- Approximately 15 km from Ho Chi Minh City Bien Hoa is approximately 35 km away.
- Tan Cang and Cat Lai are approximately 55 km away.
- Saigon Port is approximately 58 km away.
- Song Than International Container Port is approximately 35 km away.
- Thanh Phuoc Container Port is approximately 25 km away.
- Tan Son Nhat International Airport is approximately 55 km away.
- Long Thanh International Airport is approximately 65 km away.
4. Infrastructure system
Detailed planning map at a scale of 1/2000 for Tan Binh Industrial Park, Binh Duong Province.
Tan Binh Industrial Park boasts a comprehensive and modern infrastructure system, creating a favorable environment for businesses to operate efficiently.
Internal Transportation
The internal road system is designed according to Vietnamese standards with a load capacity of H30, effectively meeting the traffic needs of container trucks and other transport vehicles.
- The main road is 38m wide, directly connecting to the DT741 route – a crucial transportation artery linking the Central Highlands, Binh Phuoc, Binh Duong, and Ho Chi Minh City.
- Internal roads have a width of 24m, ensuring smooth traffic flow throughout the park.
Electricity System
Electricity is supplied from the national grid, distributed along the internal roads, ensuring stable and continuous power supply for business operations.
Water Supply System
The industrial park’s water treatment plant has a capacity of 14,000 m³/day, fully meeting the needs of production and daily life. The pipeline system is installed to the boundary of each land plot.
Wastewater Treatment System
Wastewater is treated to meet Class A standards as per regulations. The total designed capacity is 10,000 m³/day, with Phase 1 currently underway at a capacity of 2,500 m³/day.
Telecommunications System
The telecommunications infrastructure is modern, featuring FTTx internet technology with speeds up to 2.5 Gb/s, along with comprehensive postal services, effectively meeting the information technology and connectivity needs of businesses.
Other Amenities
- The resettlement and housing area for workers and experts covers approximately 36 hectares.
- The Binh Duong Provincial Job Placement Center organizes monthly job fairs, supporting businesses in recruitment and promotion. Simultaneously, the center provides online counseling services on labor, employment, legal policies, and insurance, helping workers quickly adapt to working in industrial zones.
5. Preferential policies for investors
Businesses investing in Tan Binh Industrial Park benefit from many attractive incentives and support policies, specifically as follows:
- Corporate Income Tax Incentives:
Businesses are exempt from 100% of corporate income tax for the first two years and receive a further 50% reduction in tax payable for the following four years. The incentive period starts from the date the business begins generating taxable income. - Support from the Investor:
The investor provides comprehensive support services such as investment consulting, completion of legal procedures (business registration, investment certificate issuance, tax code, seal, etc.), along with logistics, transportation, and customs services. In addition, businesses receive support in construction design, recruitment, and human resource training. - Flexible Financial Policies:
The industrial park applies flexible payment methods, helping to reduce initial financial pressure and creating favorable conditions for businesses during their initial operation phase.