Bao Minh Industrial Park, Nam Dinh Province

Bao Minh Industrial Park in Nam Dinh Province is an important center for production and investment in the North. Its advantageous geographical location, modern infrastructure, and investment incentives make this area attractive to many businesses. Bao Minh I.P plays a crucial role in the socio-economic development of Nam Dinh Province and the surrounding region.

Highlights of Bao Minh Industrial Park:

Advantageous geographical location, connecting with neighboring provinces

Modern, synchronized infrastructure

Attractive investment incentive policies

Friendly, stable investment environment

Focus on key industries such as food processing and consumer goods

Geographical Location of Bao Minh Industrial Park

Bao Minh Industrial Park is located in Lien Minh Commune, Vu Ban District, Nam Dinh Province. It is situated amidst important transportation routes, providing a logistical advantage for the industrial park. Additionally, this area has the potential to link Bao Minh I.P with neighboring provinces.

Convenient Transportation

Bao Minh I.P connects to major roads such as National Route 10 and National Route 21. This facilitates easy transportation of goods for businesses. The area also has railway access and seaports, making international trade easier.

Connectivity with Neighboring Provinces

Thanks to its synchronized transportation system, Bao Minh I.P can connect with Hanoi, Hai Phong, and other areas. This allows businesses easy access to raw materials, labor, and markets.

Criteria	Bao Minh I.P
Geographical Location	Lien Minh Commune, Vu Ban District, Nam Dinh Province
Transportation	– Connects with National Route 10 and National Route 21 – Has a railway system and seaports
Connectivity	– Easy access to Hanoi, Hai Phong, and neighboring provinces – Convenient for international trade

Vị trí địa lý tỉnh Nam Định

History of Establishment and Development

Bao Minh Industrial Park was established in 1997 and has become an important manufacturing hub in Nam Dinh Province. Incentive policies and proactive support from local authorities have helped this industrial park develop significantly over the years. Its advantageous location and modern transportation system have attracted many businesses, creating jobs and improving the livelihoods of local people.

Today, Bao Minh I.P is not only a significant manufacturing center but also attracts many investors due to its incentives and modern infrastructure. The development of this industrial park has greatly contributed to the socio-economic development of Nam Dinh Province.

Scale and Infrastructure

Bao Minh I.P is located in a key economic triangle in the North. It is an ideal place for businesses wishing to invest. The industrial park spans approximately 300 hectares and is divided into various functional areas, each meeting the requirements of investors.

Area and Functional Zoning

Bao Minh I.P features the following functional zones:

Industrial production area with factories and production workshops
Service area, administrative offices, and production support services
Housing area for workers and management staff
Industrial waste treatment area

Transportation and Water Supply Systems

Bao Minh I.P has a modern transportation, electricity, and water supply system. This meets the production and business needs of enterprises.

Amenities	Description
Transportation System	Internal roads 12-25m wide, conveniently connecting to national routes and nearby highways
Power Supply System	110 kV power grid, ensuring stable supply and sufficient capacity for factories
Water Supply System	Clean water treatment and supply system meeting the needs of businesses
Drainage System	Wastewater and rainwater drainage systems designed separately to ensure a clean production environment

With modern infrastructure, Bao Minh I.P facilitates favorable conditions for business investment, contributing to the local economic development.

Introduction to Bao Minh Industrial Park, Nam Dinh Province

Bao Minh Industrial Park in Nam Dinh Province is a bright spot in industrial development. Built uniformly, this park creates an ideal environment for businesses. Its advantageous location, modern infrastructure, and diverse services make Bao Minh I.P attractive to investors. Key industries include:

Food processing
Consumer goods manufacturing
Other industrial sectors

Bao Minh I.P not only creates investment opportunities but also serves as a driving force for sustainable local development.

Criteria	Information
Name of Industrial Park	Bao Minh I.P
Location	Nam Dinh Province
Key Industries	Food processing, consumer goods manufacturing
Scale	Under expansion and synchronized development

Bao Minh I.P in Nam Dinh Province affirms its position as a destination for investors.

Key Industries

Bao Minh I.P, Nam Dinh Province, focuses on many important industries. Food processing and consumer goods manufacturing are two prominent sectors.

Food Processing Industry at Bao Minh

Businesses in the food processing sector at Bao Minh achieve good business results. They contribute to the economic development of Nam Dinh. With advantages in raw materials and modern technology, their products meet high-quality standards.

Consumer Goods Manufacturing Industry at Bao Minh

The consumer goods manufacturing industry is also a key sector in Bao Minh. These businesses drive local economic growth by providing high-quality products at competitive prices for consumers.

The key industries at Bao Minh are making significant contributions to the economic development of Nam Dinh Province through the production of high-quality and competitively priced products.

Investment Environment and Incentives

Bao Minh I.P offers a very attractive investment environment. It provides numerous incentives related to taxes, land, and policies. Businesses that invest here will benefit from various advantages:

Corporate income tax exemptions for the first few years
Support for production premises
Other investment encouragement policies

These benefits help Bao Minh I.P attract many businesses. Investors can feel secure when investing and developing here. Bao Minh I.P is an ideal destination for businesses, with a favorable investment environment and attractive incentive policies.

Bao Minh I.P increasingly attracts many investors due to its favorable investment environment and good incentives.

Representative Businesses

Bao Minh Industrial Park has attracted many businesses. Notable companies in Bao Minh are major names in various industries. They operate actively in this area.

Samsung Electronics Vietnam Co., Ltd. is one of the outstanding companies. They chose Bao Minh I.P to build a high-tech manufacturing facility, one of the largest Samsung factories.

Alongside this, Hung Yen Textile Group Co., Ltd. and Vinamilk Joint Stock Company are also prominent. They operate in the consumer goods manufacturing and food processing sectors. These companies have leveraged their strengths in Bao Minh I.P.

The presence of businesses in Bao Minh I.P has helped the area develop economically. They also affirm the position of Bao Minh I.P within the Vietnamese business community.

Bao Minh I.P has attracted many large companies, both domestic and foreign. The presence of these representative businesses is a testament to the growth and investment attraction of this industrial park.

Role of the Industrial Park in Local Economic Development

Bao Minh Industrial Park is an essential part of the economic development of Nam Dinh Province. The businesses here create many jobs, increase incomes, and improve living standards for the local population. They also provide opportunities for local people to learn and develop.

The significant contribution of Bao Minh I.P also includes tax and fee revenue for the province. These funds help the government invest in infrastructure, public services, and social welfare, promoting comprehensive development in Nam Dinh Province.

With its strategic location, modern infrastructure, and incentive policies, Bao Minh I.P is an attractive destination for investors. The development of this industrial park aids economic growth, creates jobs, and enhances the living standards of the people in Nam Dinh Province.

Other Industrial Zones

FAQ

What is the geographical location of Bao Minh Industrial Park?
Bao Minh I.P is located in the center of Nam Dinh Province. It has convenient transportation, connecting with many roads, railways, and seaports. This allows businesses easy access to Hanoi, Hai Phong, and other areas.

What is the history of the establishment and development of Bao Minh I.P?
Bao Minh I.P was established in 1997. Since then, this area has developed significantly. Incentive policies and support from local authorities have attracted many domestic and foreign businesses.

What is the scale and infrastructure of Bao Minh I.P?
Bao Minh Industrial Park covers an area of 215 hectares. It is divided into production, service, housing, and waste treatment zones. The park has modern transportation, electricity, and water supply systems to meet the needs of businesses.

What are the key industries in Bao Minh Industrial Park?
The main industries include food processing and consumer goods manufacturing. Companies in these sectors achieve good results, contributing to the economic development of Nam Dinh Province.

What is the investment environment and incentives at Bao Minh I.P?
Bao Minh I.P offers an attractive investment environment. Businesses enjoy tax, land, and investment encouragement incentives.

What are the representative businesses in Bao Minh I.P?
Bao Minh I.P has attracted many large businesses, such as Samsung Vietnam, Hung Yen Textile Group, Vinamilk, and many others.

What is the role of Bao Minh I.P in the local economic development?
Bao Minh Industrial Park plays an important role in the economic development of Nam Dinh. The businesses create jobs, contribute to the budget, and improve incomes and quality of life.