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Bac Ninh is a leading province in industrial production, consistently proving to be an ideal destination for investors looking to expand their business scale. With advantages in strategic location, abundant labor resources, favorable policies, modern infrastructure, and a secure investment environment, Bac Ninh opens the door for investors to access vast markets, providing a strong impetus for businesses to grow and establish themselves as leaders in the Southeast Asia supply chain.

The industrial zones in Bac Ninh create a network linking businesses, offering opportunities for investors to lease land, collaborate, and share resources within a large business and production network. Therefore, land rental projects within industrial zones in Bac Ninh have numerous conditions for economic development, increasing profits, and enhancing the value of businesses in the market.

The strategic location of land within industrial zones in Bac Ninh plays a crucial role in attracting both domestic and foreign businesses.

Bac Ninh boasts a strategic position in the Red River Delta, situated within the economic triangle of Hanoi – Hai Phong – Quang Ninh, and serves as the northeastern gateway to Hanoi. With its modern transportation system, providing quick access to Noi Bai Airport, Hai Phong Port, and major border gates, Bac Ninh offers an ideal environment for goods transportation and trade.

Additionally, most land rental projects within industrial zones are well-planned along key transportation routes such as National Highways 1, 18, and 38, and are close to major ports like Hai Phong Port. The robust transportation infrastructure not only supports businesses within the industrial zones but also provides easy connectivity to major production and consumption areas both domestically and internationally.

Furthermore, many investors choose to lease land in Bac Ninh’s industrial zones due to the flat and stable topography and soil conditions. The mountainous area in the province constitutes a very small percentage (0.53%) of the total natural area. With relatively stable terrain, investors do not have to spend excessive time or resources on surveys, land leveling, or site preparation before constructing factories or warehouses in the area.

Bac Ninh is one of the provinces with an abundant and highly skilled labor force, making it an ideal destination for businesses seeking a favorable environment to lease land in industrial zones. With a large, dynamic population and an increasing rate of skilled labor, the province has provided a rich labor pool for industries such as manufacturing, processing, electronics, and services.

The minimum wage in Bac Ninh is also an attractive factor for investors. According to regulations, the minimum wage in Bac Ninh is typically lower than in major urban areas like Hanoi or Hai Phong, allowing businesses to reduce labor costs while still ensuring a high-quality workforce. The monthly minimum wage in Bac Ninh is 4,410,000 VND. This reasonable wage level provides a significant competitive advantage for businesses in maintaining cost-effective production without compromising labor productivity.

Large industrial zones in Bac Ninh, such as VSIP, Yen Phong, and Que Vo, are located in areas with a high labor density, and there are also local government policies in place to attract investment. These initiatives help businesses save on land rental costs and fully tap into the potential of this labor force. All of these factors create an ideal environment for businesses to expand production and achieve sustainable growth in Bac Ninh.

Bac Ninh currently has 16 concentrated industrial zones (IZs), with a total area of 6,397.68 hectares, approved by the Prime Minister. Many of these projects have already become operational, with infrastructure investments in key areas such as water supply and drainage systems, electricity provision, wastewater treatment, and other supporting services. This creates an ideal environment for production and business, promoting sustainable development for businesses.

The province of Bac Ninh is focusing all resources to complete the infrastructure of the industrial zones, aiming to attract more investors and increase added value in production. The industrial zones are comprehensively and modernly invested, equipped with social amenities to ensure a good standard of living for the local population and workers. Thanks to these factors, Bac Ninh currently ranks 7th nationwide in terms of attracting investment capital, becoming a bright spot in investment attraction efforts.

Land in Bac Ninh's industrial zones particularly focuses on leasing to high-tech and environmentally-friendly industries. Priority is given to fields such as electronics, telecommunications, mechatronics, pharmaceuticals, and medical equipment, with modern infrastructure that meets the stringent requirements of these industries.

The supporting industries, especially in the production of electronic components and automobiles, are also growing rapidly. Additionally, the region is emphasizing the development of high-tech agriculture and Industry 4.0 sectors such as automation, AI, and IoT.

With a favorable investment environment, leasing land in Bac Ninh's industrial zones provides great opportunities for businesses in advanced and sustainable industries.

The land for lease in VSIP Bac Ninh 2 industrial park is developed by VSIP, a leading industrial infrastructure developer in Vietnam with many years of experience and reputation. The project is located along the Hanoi - Thai Nguyen expressway (National Route 3), just about 2 km south of National Route 18, making it a highly favorable location for transportation and connectivity to key regions.

The total area of land for lease here is 273 ha, with 189 ha dedicated to industrial use, and the lease term extends until 2069. The VSIP Bac Ninh industrial park is expected to be a solid foundation for businesses leasing land, enabling them to expand their production scale and capitalize on markets with ever-growing demand for goods.

Yen Phong 2A industrial park features modern and professional infrastructure, with a total area of 151.27 ha, including 83.19 ha for industrial land and 17.5 ha for administrative and service areas. The industrial land is licensed for use until 2071, offering one of the longest lease terms among industrial parks in Bac Ninh.

With its strategic location, excellent regional connectivity, and well-planned infrastructure, Yen Phong 2A industrial park not only offers optimal conditions for production and business activities but also presents long-term growth opportunities for businesses.

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RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor