Bai Tranh Industrial Park

Location: Thanh Hoa

Planned area: 179,03 ha

Land use term: 50 years (2020 – 2070)

Leasable area: 5 - 10 ha

Leasing price: Negotiation

Project highlights:

Bai Tranh Industrial Park (Thanh Hoa) stands out for its strategic location in Xuan Binh Commune, situated along the development corridor connecting Nghi Son Economic Zone and inland industrial areas. The park is approximately 45 km from Nghi Son Port, enabling efficient east–west logistics connectivity. The industrial park features modern and well-synchronized infrastructure, including wide internal roads, extensive green spaces, and reliable power, water supply, and drainage systems built to industrial standards. Flexible industrial land plots allow investors to develop diverse factory scales and production models.
The park is managed by the Nghi Son Economic Zone and Industrial Parks Authority, ensuring clear legal status and stable investment conditions. With abundant and cost-competitive labor and low operating costs—electricity at around 0.03–0.1 USD/kWh and water at about 0.4 USD/m³—Bai Tranh Industrial Park offers strong advantages for attracting FDI investors compared with nearby industrial zones.

Site connection

Transportation Links
To Thanh Hoa City: 75 km.
To Hanoi: 230 km via Ho Chi Minh Road.
To Nhu Xuan district center: 33 km south.
Adjacent Ho Chi Minh Road & TL513 (proposed national highway).
Logistics Connections
To Nghi Son EZ/deep-water port: ~50 km northeast.
To Tho Xuan Airport: ~40-50 km.

Infrastructure situation

Internal Road Network
Asphalt concrete internal roads per national standards, full high-pressure lighting.
Direct connection to Ho Chi Minh Road & TL513.
Utilities: Power & Water
Power: 110/35/22kV substation, medium voltage grid along roads to factory fences.
Clean water: Local source system for small-scale capacity.
Wastewater & Others
Wastewater: Centralized treatment plant (capacity TBD), compliant pre-discharge.
Overall status: Clean land ready but limited 2026 updates, targeting local investors.

Attraction fields

Local agro-forestry processing.
Logistics, warehousing (Nghi Son connectivity).
Garments, small-scale handicrafts.
Building materials, furniture.
Electricals, electronics (small components).

Investment Incentives

Corporate Income Tax (CIT) Incentives
Preferential tax rate: 10% for 15 years (instead of the standard 20%).
Standard sectors/projects
2-year tax exemption, followed by a 50% reduction for the next 4 years.
High-tech projects (certified by the Ministry of Science and Technology):
4-year tax exemption, followed by a 50% reduction for the subsequent 9 years.
Import Duty Incentives
Import duty exemption applies to
Goods forming fixed assets of incentive-eligible investment projects.
Raw materials and components not yet produced domestically (subject to confirmation by the Ministry of Industry and Trade).
Goods used for manufacturing export products (in accordance with Article 16 of Law No. 107/2016/QH13).

Technical information

Building Density & Height
Max density: 60-65%, ≥20% green space per 1/500 plan.
Height: No specific limit, per approved basic design & PCCC.
Design Capacities
Power: 110/35/22kV substation, medium voltage grid to factory fences.
Clean water: Local system connection for 33.66 ha scale.
Wastewater: Centralized plant (modern design), pre-treated to standard.
Fire Safety
Full PCCC system per regulations, substation safety signs.
Secondary investors provide labor protection, noise/vibration per QCVN 27:2010/BTNMT.

Related costs

Management & Wastewater Fees
Infrastructure management: 1 USD/m²/year (annual upfront), covers road/power/water maintenance.
Wastewater treatment: 0.40-0.50 USD/m³ (CCN Thanh Hoa standard).
Power & Water Prices
Electricity: Peak 0.10 USD/kWh; normal 0.05 USD; off-peak 0.03 USD (EVN).
Clean water: 0.40 USD/m³

Contact information

IPAVIETNAM
Hotline/Zalo/WhatsApp: +84-83-555-3388
WeChat ID: fdivietnam
E-mail: support@ipavietnam.org
Contact person:
Mr. Gia Bao, Investment Promotion Officer
Cell phone: +84-941-898-117
E-mail: bao.ipavietnam@gmail.com
Note: We only provide consultancy service and information on industrial parks, industrial clusters, ready built factories to enterprises or investors who contact us directly. We do not exchange information through brokers or other intermediary channels.