Bo Y Industrial Park in Kon Tum Province

Highlights of Bo Y Industrial Park

• Prime Location: Close to important transportation routes.
• Modern Infrastructure: Meets the needs of production activities.
• Attractive Investment Policies: Incentives for attracting investment in the local area.
• Key Industries: Processing and production of core products.
• Friendly and Dynamic Investment and Working Environment.

Geographical Location of Bo Y Industrial Park

Bo Y Industrial Park is located in Bo Y commune and Đăk Sú commune, Ngọc Hồi district, Kon Tum province, approximately 25 km from the center of Kon Tum city. This location offers many advantages in transportation and logistics. It has a convenient system of roads, railways, and air routes.

Advantages in Transportation and Logistics

The industrial park is only about 120 km from Pleiku Airport. It is also less than 300 km from Da Nang, a major city in the Central Highlands. Businesses here can easily connect with major economic centers both domestically and internationally.

Distance to Major Cities

Thanks to its favorable geographical position, Bo Y I.P is considered a gateway connecting Kon Tum province with other key economic regions.

Vị trí địa lý tỉnh Kon Tum

History of Formation and Development

Bo Y Industrial Park is located in Kon Tum province, a bright spot in the Central Highlands. It was established in 2005 and has developed robustly over the past 15 years. The industrial park has achieved many significant accomplishments.
From its inception, the goal of the industrial park has been to develop industry and attract investment. The advantageous location and transportation have attracted numerous domestic and foreign businesses.

Over the years, Bo Y I.P has expanded and upgraded its infrastructure. It is now a key industrial center in Kon Tum province, playing a pivotal role in economic growth.
“Bo Y I.P is not only a production site but also a place to promote exchanges, cooperation, and socio-economic development in Kon Tum province.”
Bo Y I.P continues to play an important role in industrial development and investment attraction in Kon Tum province. It contributes to economic growth in the Central Highlands.

Scale and Modern Infrastructure

Bo Y Industrial Park is located in Kon Tum province and covers a large area of 1,565 hectares. This industrial park is scientifically designed and divided into multiple functional zones. Each zone serves the different needs of investors.

Area and Functional Zoning

Bo Y I.P covers an area of 1,565 hectares. It is divided into the following areas:

• Industrial Production Zone
• Service Zone
• Residential Zone
• Administrative Zone

Transportation and Technical Infrastructure System

Bo Y I.P has a modern transportation system. It includes:

1. Roads
2. Railways
3. Pipelines for water, electricity, and gas supply

This industrial park also has other infrastructure facilities, such as wastewater treatment plants, substations, and telecommunications. This ensures amenities for factories and businesses.

Bo Y I.P has a modern scale and infrastructure. It is attracting many investors. This industrial park greatly contributes to the socio-economic development of Kon Tum province.

Areas of Activity and Core Products

Bo Y Industrial Park in Kon Tum province attracts many businesses. They operate in sectors such as processing and manufacturing industries. Core products include agricultural processing, electronic component manufacturing, motorcycle and automobile assembly, and wood production.

Processing Industry

Bo Y I.P attracts many processing industry enterprises. Factories processing agricultural products such as rice, coffee, and pepper have invested and operated here. Some businesses have also built factories for wood processing and manufacturing.

Manufacturing Industry

Bo Y I.P also attracts many manufacturing industry enterprises. They produce electronic components and assemble motorcycles and automobiles. These factories have helped develop the industry in Kon Tum province.

Bo Y I.P is gradually affirming its position as one of the important industrial centers of Kon Tum province, with leading enterprises in agricultural processing and technology component manufacturing.

Introduction to Bo Y Industrial Park, Kon Tum Province

Bo Y Industrial Park in Kon Tum province is located in the heart of the Central Highlands. It is a highlight of the local economy. The advantageous location, modern infrastructure, and incentive policies have attracted many businesses.
Both domestic and foreign businesses are flocking to invest and develop here. This has boosted the industrial and economic growth of Kon Tum province while creating many job opportunities for local people.
The diverse processing and manufacturing industries at Bo Y I.P are attracting investors who want to leverage the strengths of the Central Highlands.
Bo Y I.P is one of the key industrial centers in Kon Tum province, with modern infrastructure and attractive investment policies.
Due to these advantages, Bo Y I.P has become a highlight of Kon Tum province. It has contributed to promoting the socio-economic development of the Central Highlands.

Incentive and Investment Support Policies

Local authorities have implemented various incentive policies aimed at attracting investors to Bo Y Industrial Park in Kon Tum province. Businesses benefit from tax incentives, fees, and support for production facilities.

Tax and Fee Incentives

Businesses investing in Bo Y I.P receive the following incentives:

• Exemption from corporate income tax for the first 4 years.
• 50% reduction in payable tax for the next 9 years.
• Exemption from fees for investment certificates.
• Exemption from import tax on machinery, equipment, spare parts, and raw materials.

Land and Facility Support

Bo Y I.P also provides support regarding land and infrastructure:

1. Support for land clearance and allocation to investment businesses.
2. Construction of synchronized technical infrastructure to meet production demands.
3. Provision of utility services such as electricity, water, and telecommunications at preferential costs.

With these incentive and investment support policies, Bo Y I.P in Kon Tum is attracting many investors.
The investment incentive policies of Bo Y I.P in Kon Tum have increasingly drawn businesses to expand their production and business activities.

Investment and Working Environment

Bo Y Industrial Park is located in Kon Tum province, in the beautiful Central Highlands. It not only has modern infrastructure but also creates a good investment and working environment. This helps investors and businesses to grow.
Local authorities in Kon Tum facilitate investments by offering comprehensive incentive and support policies. Businesses in Bo Y I.P enjoy many benefits, including tax and fee incentives, support for land and production facilities.
The working environment at Bo Y I.P is dynamic and professional. It attracts a high-quality labor force from all over the country, not just the Central Highlands.

Future Development Prospects

Bo Y Industrial Park in Kon Tum province has many advantages. The geographical location, infrastructure, and investment incentive policies are strong points. It is expected that this area will attract many domestic and foreign investors, which will help the economy of Kon Tum and the Central Highlands to develop.
The advantages of Bo Y I.P include:

• Favorable geographical location, connecting the Central Highlands with the Central and Northern provinces.
• A modern infrastructure system that meets production and business needs.
• Investment incentive policies, such as tax exemptions, reductions, and production support.
• A stable investment environment with ensured security.

Bo Y I.P will attract many industrial projects, creating job opportunities for local workers. This will promote the socio-economic development of Kon Tum province.

Local authorities and the government strongly support Bo Y I.P. Policies encouraging investment in Bo Y and Kon Tum are in place. With relentless efforts, this industrial park will be a driving force for the socio-economic development of Kon Tum province and the Central Highlands.

Conclusion

Bo Y Industrial Park in Kon Tum province is a highlight of the Central Highlands. The favorable geographical location, modern infrastructure, and incentive policies have attracted many businesses. The processing and manufacturing sectors here have yielded results, promoting sustainable economic growth.
The prospects for Bo Y I.P are very promising. Continuous investment in infrastructure and incentive policies will attract many businesses. This will enhance Kon Tum’s position in the industry.
Bo Y I.P has achieved success and holds great potential for development. It is a promising destination for investors. The development of this industrial park will promote sustainable economic growth for Kon Tum and the Central Highlands.

Other industrial zones:

• Dak To Industrial Park In Kon Tum Province
• Hoa Binh Industrial Park In Kon Tum Province
• Sao Mai Industrial Park In Kon Tum Provionce
• Bo Y Economic Zone In Kon Tum Province

FAQ

Where is Bo Y I.P located?
Bo Y I.P is located in Bo Y commune and Đăk Sú commune, Ngọc Hồi district, Kon Tum province. It is approximately 25 km from the center of Kon Tum city.

What transportation and logistics advantages does Bo Y I.P have?
Bo Y I.P has a convenient system of roads, railways, and air routes. It is about 120 km from Pleiku Airport and less than 300 km from Da Nang. This helps businesses easily connect with major economic centers.

How has Bo Y I.P developed?
The goal is to promote industrial development and attract investors. Over 15 years, the industrial park has expanded and upgraded its infrastructure, attracting many domestic and foreign businesses.

What is the scale and infrastructure of Bo Y I.P like?
Bo Y I.P covers an area of 1,565 hectares. It is divided into the industrial production zone, service zone, residential zone, and administrative zone. The transportation and technical infrastructure are modernly built to meet investor needs.

What sectors does Bo Y Industrial Park operate in?

Bo Y Industrial Park attracts businesses in the processing and manufacturing industries. Key product sectors include agricultural processing, electronic component manufacturing, motorcycle and automobile assembly, and wood production.

What investment incentives and support does Bo Y I.P offer?
Bo Y I.P implements various incentive and support policies. Businesses enjoy tax and fee exemptions, land and production facility support. They also benefit from corporate income tax, import tax exemptions, and investment certificate fees.

What is the investment and working environment like at Bo Y I.P?
Bo Y I.P provides a good investment and working environment. It has modern infrastructure and incentive policies. The working environment is dynamic and professional, attracting a high-quality labor force.

What are the development prospects for Bo Y I.P in the future?
Bo Y I.P has geographical advantages, modern infrastructure, and incentive policies. It is expected to develop strongly in the future. Domestic and foreign investors will increasingly show interest, attracting many industrial projects and boosting the economy of Kon Tum province and the Central Highlands.