Although Bac Ninh has the smallest area in Vietnam (822.7 km2, accounting for 0.15% of the country’s area), its ability to “attract capital” from domestic and international investors is very impressive [1]. Therefore, the demand for renting factories in Bac Ninh is constantly increasing, making it difficult for new business owners to choose a reputable and professional support unit. Let’s find out with KTG Industrial in the following article.
Overview of the factory rental market in Bac Ninh
Bac Ninh is a province in the Red River Delta – one of the key industrial regions of Vietnam and is located in the center of the “economic triangle” of Hanoi – Hai Phong – Quang Ninh. According to the latest information, Bac Ninh province has a natural area of 822.71 km2, divided into 8 basic administrative units (2 cities, 2 towns, 4 districts) [2] with a total population of 1,488,200 people. With many advantages in terms of geographical location, population,…
Bac Ninh has 16 industrial parks (IPs) approved by the Government for planning on a total area of 6,397.68 hectares [3]. Of which, 12/16 IPs are operating strongly and 16 IPs were established on a total area of 5,899.22 hectares. The main industries in the area are electronics, software,… of brands such as Canon, Samsung, Microsoft,…
Currently, the total area for industrial parks has been filled up to 58.86%, so the competition to find a good location, convenient for transporting raw materials and distributing goods can be difficult without a reliable support unit.
The market for renting factories and warehouses in Bac Ninh Industrial Parks is extremely competitive
Why should you invest in industrial development in Bac Ninh?
Bac Ninh is considered a “meeting place” for many domestic and international investors because:
Concentration of leading industrial parks
Bac Ninh province is home to countless large industrial parks such as Yen Phong Expansion, Yen Phong IIC, VSIP Bac Ninh 2, Tien Son, Dai Dong,… of prominent brands around the world. Therefore, investors in the same field can hardly miss the opportunity to set up factories here. This facilitates technology transfer between establishments (if any) or takes advantage of the opportunity to import raw materials directly from those enterprises or distribute products that support their operations (if necessary).
Convenient geographical location and transportation
As mentioned, Bac Ninh belongs to the “key development triangle” area of Vietnam in general, the Northern region in particular. Therefore, the province is located on an extremely convenient road – rail – air traffic system such as National Highway 1A – 1B, Hanoi – Bac Ninh Expressway, … In parallel, only 40 minutes drive from Hanoi, 30 minutes from Noi Bai airport and about 2 hours from Hai Phong port, Bac Ninh owns a strategic location, convenient for trade and goods circulation. Thanks to this advantage, the province has become an ideal destination for large-scale factory projects and key industrial parks.
Bac Ninh has a convenient trading location for all businesses to set up factories and warehouses
Technical infrastructure, facilities
Closely following all the principles from the Government, Bac Ninh Industrial Park invests in developing infrastructure (such as factories, roads, drainage systems, waste treatment systems, etc.) and periodically upgrading quality. Along with that, these industrial parks also cannot lack utilities related to communication (such as telecommunications, Internet) to help businesses in general and workers in particular work conveniently.
Service utilities and living conditions
Most industrial parks in Bac Ninh not only focus on the quality of work of workers but also care about their personal lives after work. Therefore, all factories and necessary public utilities (such as schools, hospitals, etc.) meet international standards, ensuring safety. Thanks to that, workers can work with peace of mind and conveniently take care of their families.
Support and incentive policies for businesses
Currently, most of Bac Ninh’s industrial parks are operating stably and revenue is constantly increasing. Thanks to that, Bac Ninh became one of the provinces with the highest industrial production value in the country. These positive achievements partly come from appropriate and timely support and incentive policies.
All businesses in the industrial parks in Bac Ninh receive countless incentives
KTG Industrial’s factory rental solutions in Bac Ninh
Understanding the urgent needs of investors when they want to rent a prime industrial warehouse/factory at a reasonable cost in Bac Ninh, KTG Industrial and its team of experts with many years of experience are constantly searching for beautiful locations and building international standard factories/warehouses. All information related to prices, designs, completion times, etc. are transparently disclosed by the unit before implementation, with a commitment to not incur any additional costs for investors to easily refer to.
Currently, KTG Industrial is present in Bac Ninh area and is operating very actively in the 4 most important industrial parks of the province as follows:
KTG Industrial Yen Phong IIC (Phase 1)
KTG Industrial Yen Phong IIC is considered the most favorable location for factories/warehouses in Bac Ninh because it is right next to National Highway 18 and Hanoi – Thai Nguyen Expressway. Along with that, for the phase 1 project, the industrial park is 6 km from VSIP Bac Ninh, 22 km from Noi Bai airport and 50 km from Cai Lan port.
Accordingly, the unit currently owns up to 52,539 m2 (including offices) of factories and warehouses with a load capacity of up to 2 tons/m2. In addition, the factory/warehouse has all the necessary fire protection systems, wastewater treatment, etc. to ensure the production process takes place most smoothly.
KTG Industrial’s Yen Phong IIC Industrial Park is located on the most convenient traffic route in Bac Ninh province
KTG Industrial Yen Phong IIC (Phase 2)
Yen Phong IIC Industrial Park (Phase 2) is only about 6 km from VSIP Bac Ninh Industrial Park, less than 22 km from Noi Bai Airport in Hanoi and 40 km from the city center. This creates the best conditions for customers to connect with large enterprises and distribute goods to consumers.
Currently, KTG Industrial Yen Phong IIC project confidently provides up to 46,643 m2 of ready-built factories and warehouses, committed to 100% new and meeting international quality standards. In particular, if you have a need to design your own warehouse or workshop according to your personal needs, the unit is ready to support and deploy in the shortest time.
KTG Industrial’s infrastructure quality at Yen Phong IIC meets international standards
KTG Industrial Yen Phong II
With an impressive amount of FDI capital (10 billion USD), Yen Phong II Industrial Park is considered a “meeting place” for many investors. KTG Industrial provides factories with an area of 2,556 – 6,440 m² in Yen Phong II, meeting the needs of businesses, 22 km from Noi Bai airport and about 35 km from the center of Hanoi.
KTG Industrial Yen Phong II owns a prime location
KTG Industrial Yen Phong I
Besides Yen Phong II, KTG Industrial Yen Phong I has a lot of interest from many investors because of its prime location. It’s just less than 10 minutes drive from VSIP Bac Ninh, about 22 km from Noi Bai airport and about 35 km from the center of Hanoi. Up to now, KTG Industrial’s factories and warehouses have 2,300 – 4,300 m2 of factories and warehouses for investors to consider.
Factory and warehouse design at KTG Industrial Yen Phong I
Through the above sharing, we hope that business owners have the most useful information about the situation of renting factories in Bac Ninh and find a unit to trust in the right place, right place. If there is any information that has not been answered, do not hesitate to contact KTG Industrial via Email cs@bkim.sg or phone number +84 896 896 899!
