Bau Bang Industrial Park In Binh Duong Province

BAU BANG INDUSTRIAL PARK BINH DUONG PROVINCE, VIET NAM

Bau Bang Industrial Park is located in Ben Cat District, Thu Dau Mot City, Binh Duong Province.

Bau Bang Industrial Park is one of the potential industrial parks of Binh Duong province that is attracting domestic and foreign investors. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional areas to create green space to protect the environment.

Advantages of the traffic of enterprises operating in Bau Bang Industrial Park

The project is strategically located next to Highway 13, the trade gateway of the Southeast region and the Central Highlands. The location is close to many key points that are convenient for the trade of goods, specifically as follows:

Road:

  • 6km from the center of Ho Chi Minh City
  • 1km from the administrative center of Binh Duong province

Waterway:

  • 4 km from Binh Duong Tsunami Port
  • 4 km from Thua Thien Hue Port Authority

Airline:

  • 5km from Long Thanh airport
  • 5km from Tan Son Nhat International Airport

Investor: Becamex IDC Company

Industrial park area: The industrial park was built on a large scale with a total area of up to 2,166ha.

Economic planning:

  • Waste recycling industry
  • Yarn, textile, garment industry
  • Steel production industry
  • Industrial gas production industry
  • Manufacture of medical and optical instruments
  • Manufacturing industry of glass, crystal and ceramics
  • Mechanical industry and precision mechanics with plating
  • Manufacturing industry of motorcycles, automobiles, equipment and spare parts
  • Industrial electrical industry, electrical appliances and household appliances
  • Manufacture of sports equipment and children’s toys
  • Leather shoe industry, leatherette (untanned fresh leather)
  • Food processing industry, food, agro-forestry products
  • Wood industry, building materials, interior decorations
  • Electronic industry, information communication and telecommunications, informatics
  • Manufacturing industry of cosmetics, pharmaceuticals, agricultural drugs, veterinary drugs
  • Tire, plastic and rubber industry (excluding processing fresh rubber latex)
  • Packaging, printing, paper industry (in which pulp is not produced from cork leaves, bamboo paintings, planted forests)

Preferential policies at Bau Bang Industrial Park

Tax incentives, corporate income tax

  • Corporate income tax rate of 10% for a period of 15 years, tax exemption for 4 years and 50% reduction of payable tax for the next 9 years.
  • Tax rate of 17% for 10 years, tax exemption for 2 years, and 50% reduction of payable tax for 4 years.
  • Preferential tax rate of 10% for a period of 15 years for: incomes of enterprises from implementing new investment projects in the fields of: scientific research and technological development; high-tech applications on the list of hi-tech prioritized for development investment in accordance with the Law on High Technology; high-tech incubation, high-tech enterprise incubation; investment in construction – business of high-tech incubators, high-tech enterprise incubation; biotechnology development.

Value-added tax incentives

Enterprises receive the highest value-added tax incentives when:

  • The enterprise is a high-tech enterprise; enterprises producing products on the list of high-tech products encouraged for development; hi-tech agricultural enterprises.
  • Enterprises applying high technology on the list of high technologies prioritized for development investment

Import tax incentives

To be exempt from tax on goods imported to create fixed assets of beneficiaries of incentives in accordance with the law on investment, including:

  • Devices; components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machinery and equipment or to manufacture components, details, separate parts and spare parts of machinery and equipment.
  • Specialized means of transport in the technological line directly used for production activities of the project. Construction materials cannot be produced domestically.

Main products of Bau Bang Industrial Park

  • Industrial land for rent
  • Build factories on demand
  • Industrial factory for rent is available

Other facilities of Bau Bang Industrial Park

  • System of fire
  • Grid power system
  • Security system protection
  • Wastewater treatment system
  • Internal transportation system
  • Clean water supply system
  • Communication system

In addition, businesses operating in the Bau Bang Industrial Park, Binh Duong province will be able to use the preferential services of the Vinasc Group system. Specific services such as:

  • Accounting service
  • Auditing service
  • Tax consulting service
  • Appraisal service
  • Established business services
  • Legal and license consulting services
  • Consulting and building internal control process services
  • Work permit, temporary residence services for foreigners

Industrial zones and clusters in the same area in Binh Duong province

  • KSB Industrial Park
  • Dong An Industrial Park
  • Kim Huy Industrial Park
  • Binh An Industrial Park
  • Tan Binh Industrial Zone
  • Bau Bang Industrial Park
  • My Phuoc Industrial Park
  • Dai Dang Industrial Park
  • Thoi Hoa Industrial Park
  • Viet Huong 1 Industrial Park
  • Viet Huong 2 Industrial Park
  • Binh Duong Industrial Park
  • Song Than 1 Industrial Park
  • Mai Trung Industrial Park
  • Tan Dong Hiep A Industrial Park
  • Tan Dong Hiep B Industrial Park
  • Nam Tan Uyen Industrial Park
  • Protrade International Industrial Park
  • Mapletree Industrial Park
  • Viet Nam – Singapore Industrial Park