Detailed Overview of Noi Bai Industrial Park: A Promising Investment Opportunity in Hanoi
Noi Bai Industrial Park (Noi Bai IP) is a key project located at the northern gateway of Hanoi, considered an attractive destination for both domestic and foreign investors. Developed by Noi Bai Development Company, a reputable joint venture, this industrial park not only has a strategic location but is also fully equipped with synchronized technical infrastructure, meeting high standards of a modern industrial zone.
The project is located in Quang Tien Commune, Soc Son District, Hanoi, with a total planned area of 100 hectares. With geographical coordinates of Latitude 21.23271179 and Longitude 105.8128891, Noi Bai Industrial Park offers convenient transportation connectivity to Noi Bai International Airport and other major arterial roads.
Basic Project Information and Investor Details
Investor and Investment Structure
Noi Bai Industrial Park was developed as a joint venture, demonstrating strong international cooperation:
- Vietnamese side: Hanoi Industrial Construction Company.
- Foreign partner: Renong Company (Malaysia).
The project was established under Investment License No. 839/GP issued by the Ministry of Planning and Investment of Vietnam on April 12, 1994. The official developer is UDIC – Urban Infrastructure Development Investment Corporation.
Investment Capital and Structure
The total infrastructure investment capital of Noi Bai Industrial Park is 29,950,000 USD. The charter capital is 11,667,000 USD, with the following contribution structure:
- Vietnamese side: 30%
- Foreign side: 70%
The land rental price in this industrial park currently ranges from 35.3 to 80.91 million VND/m².
Planning and Development Progress
The total project area is 100 hectares and is developed in two clear phases:
- Phase 1 (50 ha): 50% of the area has already been leased.
- Phase 2 (50 ha): Infrastructure is currently under construction.
Noi Bai Industrial Park offers flexible leasing options to meet different business needs. Land plots range from 0.25 ha to 1 ha. Larger investors can lease adjacent plots to optimize production space.
Synchronized Technical Infrastructure
One of the strongest advantages of Noi Bai Industrial Park is its fully planned and modern infrastructure system, ensuring continuous and efficient production and business operations.
Electricity and Water Supply System
- Electricity system: The industrial park is equipped with a 110KV/220KV substation, with a large capacity of 40MVA, ensuring stable power supply for the entire area.
- Water supply system: Capacity reaches 7,500 m³ per day and night, meeting both production and domestic needs of factories.
Transportation and Telecommunication System
- Transportation system: Internal roads are fully planned and well connected, allowing easy movement within the industrial park and access to major highways.
- Telecommunication system: Entire communication network is underground, including 2,000 fiber-optic telephone lines, ensuring modern and uninterrupted connectivity.
Environmental Treatment System
Noi Bai Industrial Park places strong emphasis on environmental protection with a modern wastewater treatment system using advanced biological treatment methods, ensuring effluent meets strict environmental standards before discharge.
Strategic Location and Investment Sectors
Prime Location in Soc Son
Noi Bai Industrial Park is located in Quang Tien Commune, Soc Son District, Hanoi. This location allows easy connectivity to key economic zones in Northern Vietnam, especially via Noi Bai International Airport, facilitating logistics and international trade.
Priority Investment Sectors
The industrial park focuses on attracting investment in high-tech and clean industries, including:
- Mechanical engineering industry.
- Electronics industry.
- Precision engineering industry.
- Light industry.
- Information technology.
Investment Potential Assessment
With strong investment from UDIC and Malaysian partners, Noi Bai Industrial Park has become a model industrial zone in Hanoi. Its synchronized infrastructure, prime location near the airport, and flexible land plot sizes are key factors attracting major investors, especially in high-tech and export-oriented industries. The high occupancy rate of Phase 1 (50% leased) clearly demonstrates the attractiveness of the project.
Investors looking to expand production or establish new facilities in Northern Vietnam should consider Noi Bai Industrial Park as a top choice due to its comprehensive infrastructure and support services.
The competitive land rental price ranging from 35.3 to 80.91 million VND/m² compared to other industrial zones near central Hanoi is also a major advantage, helping businesses optimize initial investment costs.
In conclusion, Noi Bai Industrial Park is not only an industrial real estate project but also an important economic hub, contributing to the industrialization and modernization of Hanoi, bringing long-term benefits to investors and the local community.
