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The rental market for factories in Bac Ninh is becoming a hotspot in the industrial real estate sector, especially as the northern region continues to maintain its position as the leading industrial hub of the country. With a strong influx of FDI from Northeast Asian countries such as China, Japan, and South Korea, Bac Ninh is emerging as a bright spot attracting international businesses. The demand for factory rentals in the area is continuously rising, driving the rapid development of modern industrial parks to meet the increasingly high demands of investors.

Bac Ninh holds many outstanding advantages compared to other provinces due to its strategic location in the Red River Delta, positioned within the key economic triangle of Hanoi – Hai Phong – Quang Ninh, and serving as the northeastern gateway to Hanoi. The transportation system in Bac Ninh is also highly favorable and well-integrated, with quick connections to Noi Bai International Airport, Hai Phong Port, as well as the Lang Son and Quang Ninh border gates, facilitating economic exchanges and goods transportation.

This geographic advantage enables investors to easily access large markets, reduce transportation costs, and optimize delivery times. Combined with a plentiful workforce and reasonable labor costs, Bac Ninh has become an ideal destination for businesses seeking factory rentals, especially in industries such as processing, electronics, and consumer goods production.

Additionally, Bac Ninh's soil and climate conditions are highly conducive to the sustainable development of both industry and agriculture. This region is also home to many cultural, historical, and heritage values, with potential for tourism development, providing an attractive living and working environment for investors and workers.

In recent years, Bac Ninh province has identified the development of transportation infrastructure as a key factor to boost socio-economic growth. The Department of Transportation has focused its resources on planning and investing in the development of transportation infrastructure in stages. Key transportation projects have been upgraded, with many roads from the provincial center to districts and cities being widened and improved into dual carriageways with physical dividers. New roads connecting industrial parks have also been constructed, facilitating investment attraction and enhancing the image of Bac Ninh.

Thanks to its integrated internal and external transportation systems, Bac Ninh has quickly integrated into the national and regional transportation network. Major transportation projects, such as Ho Bridge, Binh Than Bridge, and the interchange between National Highway 18 and Yen Phong Industrial Park, have been completed, facilitating the province's development.

It is clear that the synchronization of transportation infrastructure not only facilitates the flow of goods in the province but also serves as a catalyst for attracting investment. Transportation "leads the way" to meet the needs of economic and social development. With the determination and direction from all levels of government, sectors, and localities in investing in transportation infrastructure, the province's transportation network will become increasingly integrated and improved in quality, accelerating urbanization. This will help Bac Ninh become a modern and civilized city and an ideal location for factory rentals, attracting businesses.

Bac Ninh, with a population density ranking 6th in the Red River Delta and 22nd nationwide, boasts a plentiful and highly skilled labor force, making it a significant advantage for businesses renting factories in the region.

The abundant and skilled workforce is a key factor that Bac Ninh offers to investors. With its large population, the province has a young, dynamic workforce that is ready to meet the demands of modern industries. Many industrial zones in Bac Ninh attract thousands of workers annually, thanks to a combination of vocational training and flexibility in meeting job requirements. This helps businesses save on recruitment and training costs, while easily maintaining a stable and high-quality workforce.

Moreover, Bac Ninh benefits greatly from its proximity to universities, colleges, and vocational training centers, which supply a high-quality labor force, especially in fields such as technology, engineering, and manufacturing. With a skilled workforce, businesses can easily recruit the talent they need to ensure sustainable development, increase labor productivity, and improve product quality.

The demand for factory rentals is increasing due to various driving factors, offering numerous practical benefits for businesses:

Flexibility: Factory rentals in Bac Ninh are often highly flexible, allowing businesses to quickly start production without having to build infrastructure from scratch.

Cost Savings: Renting a factory helps businesses save on initial investment costs for infrastructure development, reducing financial burdens and allowing capital to be allocated to other business activities.

Location Advantage: Rental factories are often located in strategic industrial zones with convenient transportation infrastructure, making it easier for businesses to access raw materials, labor, and markets, optimizing supply chains and logistics.

Expertise and Support: Factory rental service providers in Bac Ninh often offer technical support and professional management services. This allows businesses to leverage expertise, reduce risks, and improve production efficiency.

Access to Modern Facilities: Rental factories are typically fully equipped with amenities, meeting high safety and quality standards.

Bac Ninh is emerging as an attractive destination for businesses seeking factory rentals, especially in high-tech and environmentally friendly industries. The province prioritizes attracting sectors such as electronics, telecommunications, mechatronics, pharmaceuticals, and medical equipment, with modern infrastructure that meets the stringent requirements of these industries. The supporting industries, particularly the production of electronic components and automobiles, are also growing rapidly. Bac Ninh is also focusing on developing high-tech agriculture and 4.0 industries such as automation, AI, and IoT. With a favorable investment environment, renting a factory in Bac Ninh presents significant opportunities for businesses in advanced and sustainable industries.

With a strategy focused on developing high-tech and environmentally friendly industries, Bac Ninh is solidifying its position as an attractive destination for investors. The province boasts a modern production environment, integrated transportation infrastructure, and investment-friendly policies, creating favorable conditions for businesses to develop sustainably.

Among them, three representative factories located in key industrial zones of Bac Ninh offer ideal opportunities for businesses to optimize production processes, minimize costs, and expand operations efficiently. These factories not only meet the needs of large-scale production but also provide a solid foundation for businesses to enhance their value in the modern economy and international integration.

Rental factory	Location	Total floor area	Rent
IDEC - Yen Phong Expansion IP	Yen Trung, Thuy Hoa Commune, Yen Phong District, Bac Ninh	70,000 m²	$5.6 - $7.6 USD / m² (exclude VAT)
KCN Vietnam - Thuan Thanh 3B IP	Gia Dong Commune, Thuan Thanh Town, Bac Ninh	90,747 m²	$5 - $7 USD / m² (exclude VAT)
FRASERS - Yen Phong 2C IP	Dong Tien, Tam Giang Commune, Yen Phong District, Bac Ninh	75,900 m²	$5.6 - $7.6 USD / m² (exclude VAT)

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RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor