With its advantageous location near the coastal road and benefiting from tax incentives as part of the Coastal Economic Zone (CEZ), Tien Hai Industrial Park (IP) is developed by Viglacera Corporation – JSC and is considered an attractive investment destination in Thai Binh province, continuously successfully attracting domestic and foreign investors.
Situated alongside the coastal road, Tien Hai IP enjoys easy access to Hai Phong port, Cat Bi International Airport, and more…
Located within the Coastal Economic Zone of Thai Binh, adjacent to the coastal road, Tien Hai IP directly benefits from the road that links six coastal provinces. Consequently, the distance from the IP to Hai Phong port is shortened to just a 40-minute drive, 55 minutes to Cat Bi International Airport, and 60 minutes to Lach Huyen International Port. The travel time to Ha Long is now reduced to 90 minutes instead of the previous 2.5 hours, 150 minutes to Van Don Airport, and 180 minutes to Mong Cai border gate. As a result, transporting goods from the IP to neighboring provinces and exporting them to international markets becomes more convenient and faster.
In the future, Thai Binh Economic Zone will have the Ninh Binh – Hai Phong expressway passing through, opening possibilities for continuous connections from Tien Hai IP to other provinces and cities in the Red River Delta coastal region.
Aside from convenient transportation, Tien Hai IP also gains significant advantage of energy for being in the natural gas field of Tien Hai, specifically the large reserves of CNG gas. Moreover, the Gas Gathering and Distribution System project within the IP is ready to supply natural gas to businesses on-site and in neighboring provinces. Investors here can also benefit from other mineral resources, such as large reserves of mineral water that have been being efficiently exploited and used.
Photo of Tien Hai Industrial Park
Tien Hai IP enjoys a balanced position within the administrative and populous area of Tien Hai district, offering convenient connections to administrative offices, healthcare and education facilities, and cultural-sport-entertainment center within a 2 km radius. Just 25 km (a 20-minute drive) away from Tien Hai IP lies Thai Binh City, with diverse infrastructure, amenities, and reputable universities. In the future, Viglacera plans to continue developing urban areas adjacent to the IP, catering to the housing needs of workers employed within the IP.
Businesses investing in Tien Hai IP are entitled to coastal economic zone incentives: a preferential 10% corporate income tax rate for 15 years, exemption for the first 4 years, and a 50% reduction for the subsequent 9 years.
As of the current moment, the IP has successfully attracted many reputable investors, such as Toyoda Gosei – a leading Japanese automotive parts manufacturer supplying Toyota, Asahi Kasei (Japan) – producing airbag fabrics, Be Bright (Hong Kong) – producing interior and exterior decorations and EIV Global (Singapore) – manufacturing electronic components and communication devices, among other businesses.
Currently, the IP has available land and ready to welcome businesses for site surveys and land lease.
For further information, please contact:
Viglacera Real Estate Company
Hotline: (+84) 888 25 22 88 | Website: https://viglaceraip.com
