Industrial park land for lease in Binh Duong is emerging as a hotspot in the industrial real estate sector. With a strategic location adjacent to Binh Phuoc, Dong Nai, Tay Ninh, and especially Ho Chi Minh City, businesses leasing land in this area can easily access major markets and benefit significantly from transportation infrastructure and support services provided by these key economic regions.
Binh Duong has become a priority choice for many investors. The increasing demand for industrial park land lease projects in Binh Duong is driving robust market growth. Moreover, this area not only perfectly meets the requirements for production expansion but also promises to provide the most favorable conditions for the sustainable development of businesses.
1. Strategic Location of Industrial Park Land Projects
Binh Duong is one of the leading provinces in Vietnam in terms of economic growth and industrial investment attraction. Strategically located within the Southern Key Economic Region, industrial park land lease projects in Binh Duong boast a convenient transportation network, offering flexible connections to neighboring provinces, cities, and major seaports.
Key highlights include:
Binh Duong is only 30-40 km from the center of Ho Chi Minh City, allowing businesses easy access to a skilled workforce, customers, and major service hubs.
The province's transportation infrastructure is comprehensively developed, with key routes such as National Highway 13, National Highway 1A, the My Phuoc - Tan Van Expressway, and Ring Roads 3 and 4, connecting it to the Southeastern provinces. This facilitates fast and cost-efficient goods transportation, saving both time and logistics costs.
Additionally, the area features the Binh Duong Port system and is situated near critical infrastructure such as Cat Lai Port and Tan Son Nhat International Airport, ensuring smooth domestic and export goods circulation.
Furthermore, the location of industrial parks in Binh Duong offers significant advantages thanks to the robust development of urban infrastructure and social amenities. Supporting services such as banks, residential areas, shopping centers, schools, and hospitals are systematically built to meet the needs of both the workforce and businesses.
With its favorable location and well-developed transportation network, Binh Duong has become an ideal destination for domestic and foreign businesses looking to lease industrial park land to invest in, expand production, and grow their operations.
2. Abundant Labor Force Helped the Development of Industrial Land Leasing Projects in Binh Duong
Binh Duong currently has the sixth-largest population in Vietnam, reflecting its dynamic economic growth and strong appeal to workers.
A notable feature of Binh Duong is its high rate of mechanical population growth. Most of this increase comes from the influx of migrants from provinces and cities across the country who move here to live and work. Over 50% of Binh Duong's population consists of immigrants, creating a diverse community in terms of culture and lifestyle.
This has resulted in a plentiful labor supply, especially young workers from various provinces, effectively meeting the development needs of the industrial and service sectors.
The regional minimum wage in Binh Duong is 4,960,000 VND per month, and the hourly minimum wage is 23,800 VND. The province maintains a competitive income level, contributing to its ability to attract a large workforce to the area.
3. Infrastructure System in Land Lease Areas in Industrial Parks
In recent years, Binh Duong province has focused on attracting investment resources and developing infrastructure in industrial parks with a modern and integrated approach. This includes thorough management of wastewater, emissions, and solid waste, as well as requiring infrastructure investors and businesses leasing land in industrial parks to strictly comply with environmental regulations.
Notably, the infrastructure in industrial park land lease areas in Binh Duong has been increasingly improved with high quality. Projects are developed with a green and environmentally friendly orientation, interwoven with urban areas for professionals and social housing for low-income workers. These industrial-urban ecosystems have fostered equality in access to social infrastructure, healthcare, and education systems for all social groups.
4. Tax Incentives for Land Lease Projects in Binh Duong Industrial Park
The Binh Duong provincial government has introduced attractive incentive policies to attract domestic and foreign investors. These include tax and income support policies, assistance for workers' income, and creating additional job opportunities for laborers. Furthermore, the government aims to develop advanced industrial parks that harmoniously integrate with ecosystems, bringing significant economic benefits to society and the local community.
Corporate income tax incentives:
5. Diverse Industries In Binh Duong Industrial Parks for Rent
These industries not only contribute to economic development but also align with global trends such as digitalization, environmental protection, and the use of clean energy.
Industrial park land lease projects in Binh Duong share prominent features that make them highly attractive to domestic and foreign investors. Strategically located within the Southern Key Economic Region, Binh Duong boasts a well-developed transportation network and modern industrial park infrastructure, effectively meeting the needs of businesses across various sectors. Some notable projects include:
Industrial park | Location | Scale | Price |
An Tay Commune, Ben Cat City, Binh Duong Province | 495 ha | $210 - $214 USD / m² | |
Lai Uyen Commune, Ben Cat City, Binh Duong Province | 998 ha | $160 - $164 USD / m² |
Most industrial parks in Binh Duong are strategically planned in prime locations with close connections to key transportation routes such as National Highway 13, My Phuoc - Tan Van Road, and various expressways. This not only reduces transit time for goods to Ho Chi Minh City, Cat Lai Port, and Tan Son Nhat Airport but also facilitates trade with provinces in the Southeastern region and the Central Highlands.
Additionally, land lease projects in Binh Duong attract investments across various sectors, ranging from processing and manufacturing industries, high technology, and logistics to renewable energy. This enhances flexibility for investors in their selection process while also fostering diversification and comprehensive development for the local economy.
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RSQUARE : Your Expert Real Estate Advisor | |
RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities. | |
E mail : support@rsquare.vn | Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR) |
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RSQUARE Co., LTD
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean) E-mail : support@rsquare.vn
© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.