[Binh Dinh] Becamex VSIP Binh Dinh Industrial Park

Overview of Becamex VSIP Binh Dinh Industrial Park project

Becamex VSIP Binh Dinh Industrial Park is located in the socio-economic development cooperation agreement of Binh Duong and Binh Dinh provinces for the period 2017 – 2021. The project is expected to be an effective investment attraction. , contributing to creating a breakthrough for socio-economic development of Binh Dinh province in general as well as the development of Nhon Hoi Economic Zone (EZ) in particular.

Project name: Becamex VSIP Binh Dinh Industrial Park

Location: Nhon Hoi expanded economic zone, Canh Vinh commune, Van Canh district, Binh Dinh province

Investor: Becamex Binh Dinh Joint Stock Company

Scale: 2,308 hectares

• Phase 1 (Area A) has an area of about 1,425 hectares including industrial park, residential area and resettlement area;
• Phase 2 (Area B) has an area of about 883 hectares, planned as an Urban, Service and Commercial Area.

Construction start time: 2019

Project operation time: Updating

Perspective of Becamex VSIP Binh Dinh Industrial Park project

Location of Becamex VSIP Binh Dinh Industrial Park

VSIP Binh Dinh Industrial Park possesses an extremely strategic location in the expanded Nhon Hoi Economic Zone, Canh Vinh commune, Van Canh district, Binh Dinh province.

• Located next to National Highway 19C, North-South railway, provincial road DT638; North-South expressway planning;
• 8 km from National Highway 1A;
• 11 km from National Highway 1D;
• 9km from Dieu Tri Station;
• 22 km from Thi Nai seaport;
• 21km from Quy Nhon International Seaport;
• 31km from Phu Cat International Airport.

Project location of Becamex VSIP Binh Dinh Industrial Park

Project location on Google Map: Link

Infrastructure of VSIP Binh Dinh Industrial Park

• Production power supply system: Guaranteed by the 110kV/22kV transformer station in the Industrial Park, capacity of 151.2 MVA (provided by Binh Dinh electricity)
• Clean water supply system: water source produced at Becamex VSIP Binh Dinh Industrial Park is guaranteed by the internal clean water supply and treatment plant with a design capacity of 41,000 m3/day and night.
• Wastewater treatment system: The industrial park has a centralized wastewater treatment station with a design capacity of 31,500 m3/day and night, capable of treating wastewater.
• Communication system: Arranged and pre-connected to the fence of each factory in the industrial park.
• Security system and technical staff: The industrial park is equipped with a team of security staff to monitor 24/24 along with a modern surveillance camera system. At the same time, technical staff are always on duty to be ready to fix any technical problems of factories operating in the Industrial Park.

Current status of land use planning for Becamex VSIP Binh Dinh Industrial Park

Updating

Priority areas to attract investment\

• Supporting industry,
  
• Food Processing,
  
• Medicine,
  
• Building materials,
  
• Consumer industry,
  
• Power electronics,
  
• Interior,
  
• Automobile manufacturing & assembly,
  
• Mechanical production & manufacturing,
  
• High-tech industry,
  
• Textiles and footwear, …

Chính sách ưu đãi đầu tư

Corporate income tax incentives

• For all investment projects: Apply a tax rate of 10% for 15 years from the time the project goes into production and business operations, including:
  The first 4 years since the project has income: completely tax exempt.
  Next 9 years: 50% reduction.
  After the preferential period: Apply the current tax rate according to State regulations
• For large-scale projects with high or new technology that need to especially attract investment, the period of application of preferential tax rates may be extended but the total period of application of the 10% tax rate shall not exceed 30 years. decided by the Prime Minister.

Exemption from import tax

• For equipment, machinery (attached spare parts), specialized means of transport included in technology lines, construction materials that cannot be produced domestically or do not meet quality standards
• The project especially encourages investment and projects to produce mechanical, electrical and electronic components and spare parts

Exemption from import tax for 5 years from the start of production and business

• Personal Income Tax Reduction
• Employees working in industrial parks have a 50% reduction in personal income tax

Project planning map

Updating

Evaluation of Becamex VSIP Binh Dinh Industrial Park project

The project has a favorable location connecting the province’s arterial roads, helping Becamex VSIP Binh Dinh Industrial Park become a trading hub, transshipment of goods, services, trade and expanding exchange relations. socio-economic development with domestic and foreign regions, especially the provinces of the South Central region, the Central Highlands and the provinces of Southern and Central Laos, Thailand, …

Investors have access to a friendly, modern investment environment, professional services, preferential investment policies in the Government’s Economic Zones and many other attractive local investment support policies.

The complete infrastructure system of the industrial park along with operational management services from a reputable investor helps investors’ business and production activities to always be guaranteed.

Binh Dinh has invested in the infrastructure of the western road of the province (DT.638) with a total length of more than 13km, investment capital of more than 1,500 billion VND to connect Becamex Binh Dinh Industrial Park, Urban and Service with Quy Nhon City.