Introduction to Hoa Hiep I Industrial Park, Phu Yen Province
Hoa Hiep I Industrial Park is located in Phu Yen Province, Dong Hoa District, Hoa Hiep Trung Ward, in the coastal region of Central Vietnam. This is an important industrial park that attracts many businesses to invest, helping to develop the local economy and society.
Highlights of Hoa Hiep I Industrial Park
- Convenient location with multimodal transportation connections
- Large scale with strong development potential
- Concentration of food processing and consumer goods industries
- Attractive investment incentives and business support policies
- Comprehensive technical infrastructure and utilities to meet production needs
Geographical Location of Hoa Hiep I Industrial Park in Phu Yen
Hoa Hiep I Industrial Park is situated in Dong Hoa District, about 10 km east of Tuy Hoa city center. This location provides many advantages, particularly in transportation connectivity and investment convenience.
Convenient Transportation Connections
Hoa Hiep I Industrial Park is located near important routes, including:
- National Highway 1A – the main North-South traffic axis
- National Highway 25 – connecting to neighboring areas
- North-South railway – facilitating long-distance goods transport
Due to the location of Hoa Hiep I Industrial Park, businesses can easily access transportation routes. This helps meet the demand for transporting and distributing products. The strategic location of Hoa Hiep I Industrial Park, along with its synchronized transportation system, is a key factor attracting investors.
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Scale and Development Potential of Hoa Hiep I Industrial Park
Hoa Hiep I Industrial Park in Phu Yen Province is large, covering over 300 hectares, with nearly 200 hectares designated as industrial land. This shows that Hoa Hiep I Industrial Park has significant scale, creating conditions for development potential and attracting investment.
The industrial park has a vast land area and modern infrastructure. Many large industrial projects have been and are being implemented, which enhances the local economic development potential.
Hoa Hiep I Industrial Park has advantages in location and infrastructure, making it attractive to many investors. This also contributes to the socio-economic development of Phu Yen Province.
Main Production Sectors at Hoa Hiep I Industrial Park
Hoa Hiep I Industrial Park attracts many businesses operating in manufacturing, food processing, and consumer goods industries. These businesses are thriving, contributing to the growth of the industrial park.
Food Processing Industry
Hoa Hiep I Industrial Park has attracted many projects. Food processing enterprises include beverage factories, canned goods, and seafood processing. They boost export revenues and create jobs for many people.
Consumer Goods Manufacturing
The consumer goods manufacturing sector is also significant in the industrial park. Companies produce household goods, textiles, and many other products, serving both domestic and international markets.
Hoa Hiep I Industrial Park is becoming an important driving force promoting the development of the food processing industry and consumer goods manufacturing in Phu Yen Province.
| Manufacturing Sector | Representative Enterprises | Main Products |
| Food Processing | Beverage factories, canned goods, seafood processing | Beverages, canned foods, processed seafood |
| Consumer Goods | Household goods, textiles manufacturers | Household products, clothing, footwear |
Investment Incentives and Support Policies for Businesses in the Industrial Park
Hoa Hiep I Industrial Park in Phu Yen has a favorable geographical location. It also offers many attractive investment incentives and superior business support policies, creating optimal investment benefits for investors.
The incentives and policies at Hoa Hiep I Industrial Park include:
- Exemptions/reductions on corporate income tax for several years
- Infrastructure support, including transport, electricity, water, and other utilities
- Land support, with available land areas suitable for production projects
- Provision of logistics services to optimize business operations
These incentive and support policies have created an attractive investment environment, drawing in many large-scale industrial projects that have settled in Hoa Hiep I Industrial Park.
| Investment Incentives | Business Support Policies |
| Exemptions/reductions on corporate income tax | Infrastructure, land, logistics support |
| Readily available land for projects | Provision of logistics services |
Hoa Hiep I Industrial Park has become an attractive destination for investors due to comprehensive incentive and support policies from local authorities.
Introduction to Hoa Hiep I Industrial Park, Phu Yen Province
Hoa Hiep I Industrial Park is an important industrial park in Phu Yen Province. It is part of the local industrial development plan. This is an ideal destination for both domestic and foreign businesses looking to invest in manufacturing.
The development of this industrial park will boost economic growth and create many new jobs for workers. Phu Yen Province is an important economic center in Central Vietnam.
Hoa Hiep I Industrial Park is in the provincial industrial development plan and is expected to become a new economic growth driver. This area attracts investment projects from both domestic and foreign investors with many incentives.
Strategic Location, Convenient Transportation Connections
Hoa Hiep I Industrial Park is located near the center of Tuy Hoa city, about 10 km away. This location is convenient for transportation, connecting to highways, railways, seaports, and international airports.
This facilitates logistics and goods transport, making domestic and international transactions easier.
Abundant Land Available for Investment Projects
Hoa Hiep I Industrial Park covers an area of up to 101.5 hectares. The abundant land fund meets the investment needs of businesses. The technical infrastructure and utilities are systematically invested, ready to welcome new projects.
| Indicator | Value |
| Total Area | 101.5 ha |
| Number of Active Projects | 98 projects |
| Total Investment Capital | 5,300 billion VND |
Hoa Hiep I Industrial Park has advantages in location, infrastructure, and land fund. It is becoming an attractive destination for investors, contributing to the socio-economic development of Phu Yen Province.
Hoa Hiep I Industrial Park is one of the key industrial hubs in Phu Yen Province, attracting many large investment projects from both domestic and foreign sources.
Synchronised Infrastructure and Utilities Supporting Business Activities
Hoa Hiep I Industrial Park boasts top-notch industrial infrastructure. It meets the production and business needs of enterprises. The extensive transport network facilitates the easy movement of raw materials and products.
The electricity and water supply systems are always available, providing high-quality electricity and water, allowing businesses to focus on production and operations without worrying about infrastructure.
| Utility | Description |
| Transport | Extensive road network, conveniently connected to major routes |
| Electricity Supply | Stable electricity supply system, meeting production needs |
| Water Supply | Clean water source, ensuring continuous supply for production activities |
Hoa Hiep I Industrial Park is an attractive choice for enterprises. With modern, synchronised utilities, this area helps businesses expand their production and operations in Phu Yen.
Major Investment Projects at Hoa Hiep I Industrial Park
Hoa Hiep I Industrial Park in Phu Yen Province is attracting many large enterprises from both domestic and foreign sources. Numerous large-scale investment projects have been implemented here, promoting industrial and economic development in the locality.
Vinamilk is one of the leading groups investing in Hoa Hiep I Industrial Park. They have built a modern dairy factory with a total investment of over 3,000 billion VND. The goal is to expand the market and enhance production capacity in Central Vietnam.
Dabaco Group has also invested in Hoa Hiep I Industrial Park with a total capital of 1,200 billion VND. They are constructing a large food processing and animal feed factory. This will boost the processing industry in Hoa Hiep I Industrial Park.
Other large enterprises like Masan and Nestlé are also investing in Hoa Hiep I Industrial Park. This creates many job opportunities and promotes the socio-economic development of Phu Yen Province.
The presence of large corporations in Hoa Hiep I Industrial Park not only brings direct economic benefits but also enhances the reputation and position of Phu Yen Province on the national industrial investment map.
Vision and Development Orientation for the Future
Hoa Hiep I Industrial Park has advantages in location and modern infrastructure, along with attractive incentive policies. Therefore, this industrial park will continue to be an important industrial center in Phu Yen Province.
The management team of the industrial park is developing a growth strategy, focusing on sectors like food processing and consumer goods manufacturing. The goal is to attract more investors and promote sustainable socio-economic development in Phu Yen.
Hoa Hiep I Industrial Park is continuously striving and is confident it will continue to succeed, becoming a driving force for industrial development in Phu Yen Province in the future.
Other industrial zones
- An Phu Industrial Park In Phu Yen Province
- Da Nganh Industrial Park In Phu Yen Province
- Dong Bac Song Cau 1 Industrial Park In Phu Yen Province
- Dong Bac Song Cau 2 Industrial Park In Phu Yen Province
- Hoa Hiep 1 Industrial Park In Phu Yen Province
- Hoa Hiep 2 Industrial Park In Phu Yen Province
- Hoa Tam Industrial Park In Phu Yen Province
FAQ
Where is Hoa Hiep I Industrial Park located?
Hoa Hiep I Industrial Park is located in Dong Hoa District, about 10 km east of Tuy Hoa city center. This area belongs to Phu Yen Province.
What transportation and connectivity advantages does Hoa Hiep I Industrial Park have?
This industrial park is surrounded by important routes, including National Highway 1A, National Highway 25, and the North-South railway. This facilitates goods transportation.
What is the scale and development potential of Hoa Hiep I Industrial Park?
This industrial park covers over 300 hectares, with nearly 200 hectares of industrial land. With its large scale and good infrastructure, it attracts many investment projects.
What are the main production sectors at Hoa Hiep I Industrial Park?
This industrial park attracts many food processing and consumer goods manufacturing projects. There are many active businesses in food processing, beverages, household goods, and light industry.
What incentives and support policies does Hoa Hiep I Industrial Park offer to businesses?
This industrial park provides many incentives for investing businesses, including tax exemptions/reductions, infrastructure support, land, and logistics services. This facilitates investment.
How is the infrastructure and utilities at Hoa Hiep I Industrial Park?
This industrial park has modern technical infrastructure. The extensive transport network connects with major routes. It provides electricity and clean water to meet production needs.
What major investment projects are present at Hoa Hiep I Industrial Park?
This industrial park has attracted many large projects from Vinamilk, Dabaco, Masan, and Nestlé. These projects boost industry, create job opportunities, and stimulate economic growth.
What is the development orientation for Hoa Hiep I Industrial Park in the future?
With advantages in location, infrastructure, and incentive policies, this industrial park will continue to develop. It aims to attract many large industrial projects, promoting sustainable socio-economic growth.