Thanh Binh II Industrial Park

Location: Ninh Binh

Planned area: 300 ha

Land use term: 2024 - 2074

Leasable area: 30 - 50 ha

Leasing price: $90 - $100

Project highlights:

Thanh Binh II Industrial Park offers strong advantages thanks to its strategic location in the southern industrial zone of Hanoi, with convenient access to the Cau Gie – Ninh Binh Expressway and National Highway 1A, enabling efficient logistics. As a newly developed park, it provides a large clean land bank and flexible planning tailored to investor needs, with more competitive lease costs compared to nearby provinces such as Bac Ninh and Hung Yen. In addition, Ninh Binh is actively promoting FDI attraction with streamlined procedures and strong investor support. The park’s modern and synchronized infrastructure is well suited for high-tech, environmentally friendly, and medium-to-large scale manufacturing projects.

Site connection

Connected to National Highway 1A and Cau Gie – Ninh Binh Expressway
Near Phu Ly City
~60 km to Hanoi

Infrastructure situation

Synchronized infrastructure under development
Planned worker housing and internal utilities
Centralized wastewater treatment system (standard compliant)

Attraction fields

Electronics and components
Mechanical engineering
Consumer goods manufacturing
Food processing
High-tech and environmentally friendly industries

Investment Incentives

Corporate income tax incentives: 2-year exemption followed by a 50% reduction for the next 4 years
Preferential corporate income tax rate: 17% for 10 years
Import duty exemption for machinery, equipment, and fixed asset creation
Import duty incentives for raw materials in certain eligible cases
Land rental exemption during construction period (typically 2–3 years)
Fast-track administrative procedures with a “one-stop” mechanism
Support for labor recruitment and workforce training connections
Support for infrastructure access including power, water, and environmental services

Technical information

Maximum building density: ~60–70% of land plot
Building height: 1–5 floors
Floor area ratio: subject to detailed planning

Related costs

Infrastructure management fee: approximately 0.5–1 USD/m²/year
Electricity price: based on EVN industrial tariff, around 0.07–0.1 USD/kWh depending on time-of-use
Water supply cost: approximately 0.3–0.5 USD/m³
Wastewater treatment fee: approximately 0.4–0.8 USD/m³ depending on input quality
Factory construction cost: approximately 250–400 USD/m² depending on specifications
Labor cost: approximately 250–400 USD/person/month for basic workers

Contact information

IPAVIETNAM
Hotline/Zalo/WhatsApp: +84-83-555-3388
WeChat ID: fdivietnam
E-mail: support@ipavietnam.org
Contact person:
Ms. Thanh An, Investment Promotion Officer
Cell phone: +84-397-061-299
E-mail: an.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.