Hiep Thanh Industrial Park, Tay Ninh Province
Hiep Thanh Industrial Park is an important industrial zone in Tay Ninh Province, located near the Vietnam-Cambodia border. This area features modern infrastructure and numerous land and tax incentives. As a result, Hiep Thanh is attracting many businesses, making it a prime location for both domestic and international companies to invest.
Key Points to Know
- Hiep Thanh Industrial Park is one of the key industrial parks in Tay Ninh Province.
- Strategic location near the Vietnam-Cambodia border.
- Modern infrastructure and various land and tax incentive policies.
- Increasingly attracting both domestic and international businesses to invest.
- Significant industrial development potential.
Geographical Location of Hiep Thanh Industrial Park
Hiep Thanh Industrial Park is located in Go Dau District, Tay Ninh Province, about 15 km southeast of Tay Ninh City. Its strategic location near the Vietnam-Cambodia border and key transportation routes like National Highway 22 and National Highway 55 gives Hiep Thanh a distinct advantage in transportation connectivity.
Convenient Transportation
Hiep Thanh Industrial Park benefits from convenient transportation. Major highways such as National Highway 22 and National Highway 55 pass through the area, making it easier for businesses to transport goods.
Modern Infrastructure
In addition to its transportation advantages, Hiep Thanh Industrial Park has modern infrastructure. The area has been equipped with developed transportation networks, electricity, water, and telecommunications to meet the needs of businesses.
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History of Formation and Development
In its early years, Hiep Thanh Industrial Park faced many challenges during its development. However, with the help of incentive policies and support from local authorities, the industrial park has grown significantly. Businesses have made great efforts, helping the industrial park become a key industrial hub in Tay Ninh Province.
Today, Hiep Thanh Industrial Park attracts not only domestic investors but also many foreign investors. With its modern infrastructure and favorable investment environment, the industrial park continues to expand and grow. This contributes to the socio-economic development of Tay Ninh Province.
Thus, the development history of Hiep Thanh Industrial Park highlights its important role. This industrial park attracts investment and promotes local economic development.
Potential and Key Sectors of Operation
Hiep Thanh Industrial Park, Tay Ninh Province, is experiencing strong growth, attracting many businesses from different sectors. Its favorable geographical location and modern infrastructure make Hiep Thanh an attractive destination for investors, especially in the heavy and light industries.
Heavy Industry
Hiep Thanh has attracted many businesses in heavy industries, including metal processing, machinery, equipment, and parts manufacturing. These companies are investing in new technology, improving productivity, and enhancing product quality. This helps increase the export value of Hiep Thanh Industrial Park.
Light Industry
Hiep Thanh Industrial Park also attracts businesses in light industries such as textiles, footwear, and agricultural processing. These industries create many jobs and diversify Tay Ninh’s industrial landscape.
Hiep Thanh’s harmonious combination of heavy and light industries helps make this area a key industrial production center. This contributes to the socio-economic development of Tay Ninh Province.
Introduction to Hiep Thanh Industrial Park, Tay Ninh Province
Hiep Thanh Industrial Park is a bright spot in Tay Ninh’s economy. Located near the Cambodia border, the park attracts many businesses. Both domestic and international companies are eager to invest here.
The industrial park features modern infrastructure. Favorable incentive policies and abundant labor make it an attractive destination. Key industries here include:
- Heavy industries such as metal production, chemicals, machinery, and equipment.
- Light industries such as garment manufacturing, footwear, and electronics.
| Amenities | Description |
| Geographical Location | 20 km from the Cambodia border, accessing Asian markets |
| Modern Infrastructure | Convenient transportation, and reliable electricity, water, and telecommunications systems |
| Incentive Policies | Tax exemptions, infrastructure investment support to attract investors |
Hiep Thanh Industrial Park has many advantages. It continues to affirm its role in Tay Ninh’s socio-economic development. The industrial park plays a significant role in fostering sustainable development for the region.
Investment Incentive Policies
Tay Ninh Province is working to create the best conditions for businesses and investors to attract them to Hiep Thanh Industrial Park. The local government offers incentive policies, including tax exemptions and reductions, as well as infrastructure investment support.
Tax Exemptions and Reductions
Businesses investing in Hiep Thanh Industrial Park enjoy preferential tax policies, including corporate income tax exemptions for 2-4 years, followed by a 50% reduction in taxes for the following years, depending on the scale and sector.
Infrastructure Investment Support
Businesses investing in Hiep Thanh Industrial Park also receive support for infrastructure investment. They will be provided with assistance in building roads, electricity, water, and telecommunications systems. This allows businesses to focus on production and operations without worrying about infrastructure construction.
With these incentive policies, Hiep Thanh Industrial Park is becoming an ideal destination for businesses, contributing to the socio-economic growth of Tay Ninh Province.
Investment and Business Environment
Hiep Thanh Industrial Park in Tay Ninh Province offers not only favorable incentive policies but also an ideal environment for business and investment. Companies can focus on effective production and operations, thanks to modern infrastructure.
Local authorities are always ready to support businesses, creating favorable conditions for development and expansion. As a result, the business investment environment at Hiep Thanh Industrial Park is safe and ideal for sustainable development.
| Advantages | Details |
| Modern Infrastructure | Reliable electricity, water, transportation, and telecommunications systems |
| Government Support | Local authorities are always ready to support and work with businesses |
| Safe and Open Environment | Creating favorable conditions for sustainable business development |
Hiep Thanh Industrial Park offers not only attractive investment incentives but also a conducive business environment for companies.
Prominent Companies in Hiep Thanh Industrial Park
Hiep Thanh Industrial Park has attracted many prominent companies to invest. These businesses not only create jobs but also contribute to the development of the industrial park. They also help improve the income of local residents.
Some prominent companies in Hiep Thanh Industrial Park include:
- Thaco Group: A leading corporation in automobile production, assembly, and sales in Vietnam.
- Gimatex Textile Joint Stock Company: A manufacturer and exporter of high-quality textiles.
- Binh Thuan Production and Trading Co., Ltd.: Engaged in trade, production, and export of agricultural products.
- Nikken Sekkei Vietnam Co., Ltd.: A reputable international company in infrastructure design, consulting, and construction.
These large businesses not only increase the attractiveness of Hiep Thanh Industrial Park but also create job opportunities and drive the region’s socio-economic development.
Expansion and Development Plans for the Future
Hiep Thanh Industrial Park is planning to expand its area to over 250 hectares. This goal aims to attract more domestic and foreign investment projects, furthering the development of the industrial park.
Tay Ninh Province is working to promote investment and raise awareness of Hiep Thanh Industrial Park. The strategic location, modern infrastructure, and attractive incentive policies make this area appealing to foreign investors.
Area Expansion
Hiep Thanh Industrial Park currently covers 250 hectares, meeting the increasing space demand for production and business activities.
Attracting Foreign Investment
Hiep Thanh Industrial Park is actively attracting foreign investment. Incentive policies such as tax exemptions and infrastructure support increase the interest of international investors.
The Role of Hiep Thanh Industrial Park in Tay Ninh’s Economy
Hiep Thanh Industrial Park plays an important role in the socio-economic development of Tay Ninh Province. The businesses here create many jobs, helping local residents increase their income. They also help increase budget revenue, promote industrial and export development, and elevate the province’s standing.
Hiep Thanh Industrial Park attracts many investors, creating employment opportunities for local people. This helps shift the economic structure, increase GDP, and foster the province’s sustainable development.
In the future, Hiep Thanh Industrial Park will expand its area and attract more foreign projects. This will be a driving force for Tay Ninh’s economy to grow even stronger.
Other industrial zones
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- Bourton An Hoa Industrial Park In Tay Ninh Province
- Cha La Industrial Cluster In Tay Ninh Province
- Cha La Industrial Park In Tay Ninh Province
- Gia Binh Industrial Park In Tay Ninh Province
- Hiep Thanh Industrial Park In Tay Ninh Province
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- Moc Bai Border Gate Economic Zone In Tay Ninh Province
- Phuoc Dong Industrial Park In Tay Ninh Province
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FAQ
Where is Hiep Thanh Industrial Park located, and what are its advantages?
Hiep Thanh Industrial Park is located in Go Dau District, Tay Ninh Province, about 15 km southeast of Tay Ninh City. Its location near the Vietnam-Cambodia border and key transportation routes like National Highway 22 and National Highway 55 gives it transportation connectivity advantages.
How has Hiep Thanh Industrial Park developed?
Hiep Thanh Industrial Park was established with an area of about 250 hectares. Currently, the industrial park has attracted hundreds of domestic and foreign businesses to invest.
What sectors does Hiep Thanh Industrial Park focus on?
Hiep Thanh Industrial Park attracts businesses operating in various industrial sectors, including heavy industries such as metal processing, machinery, and equipment production, as well as light industries such as textiles, footwear, and agricultural processing.
What are the investment incentives at Hiep Thanh Industrial Park?
To attract investment, Tay Ninh Province has issued many incentive policies, including tax exemptions, reductions, and infrastructure and land support. This makes Hiep Thanh Industrial Park appealing to businesses.
Who are the prominent companies at Hiep Thanh Industrial Park?
Hiep Thanh Industrial Park has attracted many large and reputable businesses, such as Thaco Group, Gimatex Textile Joint Stock Company, Binh Thuan Production and Trading Co., Ltd., and Nikken Sekkei Vietnam Co., Ltd.
What are the future development plans for Hiep Thanh Industrial Park?
Hiep Thanh Industrial Park plans to expand its area to over 250 hectares. The goal is to attract more domestic and foreign investment projects. Tay Ninh Province is also stepping up promotional activities to attract international investors to Hiep Thanh Industrial Park.
What is the role of Hiep Thanh Industrial Park in Tay Ninh’s economy?
Hiep Thanh Industrial Park plays an important role in the socio-economic development of Tay Ninh Province. The businesses here have created thousands of jobs, increased residents’ incomes, and contributed to industrial development, export growth, and enhanced Tay Ninh’s standing.