Industrial Park No. 3 in Hung Yen Province

Industrial Park No. 3 in Hung Yen Province is a new center for production and investment, providing a driving force for the region’s socio-economic development. With a strategic location, modern infrastructure, and attractive incentive policies, this industrial park draws both domestic and international investors.

Key Points

Strategic location with convenient transportation links

Integrated and modern infrastructure

Core industries including manufacturing, assembly, and information technology

Attractive incentive and investment support policies

Favorable business and investment environment

Geographic Location of Industrial Park No. 3 in Hung Yen

Industrial Park No. 3 is located in central Hung Yen Province. Its prime geographic position allows easy access to key transportation routes, including National Highway 5, railways, and Noi Bai International Airport. This provides convenient goods transportation and workforce mobility.

Convenient Transportation Links

I.P No. 3 in Hung Yen covers Hong Tien Commune in Khoai Chau District, Ly Thuong Kiet Commune in Yen My District, and Xuan Truc Commune in An Thi District. It has extensive transportation connections:

Located just 5 km from National Highway 5, a vital route connecting Hanoi with southern provinces
Adjacent to the Hanoi-Hai Phong railway line, facilitating efficient trade and cargo transport
Only 30 km from Noi Bai International Airport, convenient for international trade and travel

Proximity to Major Urban Areas

I.P No. 3 is near major urban areas such as Van Giang, Van Lam, and My Hao, enabling easy access to a quality workforce and various support services. The strategic location and convenient transportation links of I.P No. 3 provide crucial advantages for attracting investors.

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History of Development

Industrial Park No. 3 in Hung Yen Province has an impressive development history. Established in 2005, this industrial park has become a key industrial hub in Hung Yen Province, contributing significantly to the local socio-economic growth.

Over the years, the industrial park has attracted numerous investment projects from both domestic and foreign enterprises. It has developed various industries, including manufacturing, assembly, and information technology, creating thousands of new jobs, improving workforce quality, and boosting local economic growth. I.P No. 3 has played a vital role in transforming Hung Yen into one of the most dynamic provinces in Northern Vietnam.

With remarkable achievements over its more than 15 years of development, I.P No. 3 continues to affirm its position and role in supporting Hung Yen’s socio-economic development.

Scale and Modern Infrastructure

I.P No. 3 in Hung Yen Province stands out in terms of development, covering 335 hectares, with 254 hectares designated for industrial use. The area is built with modern infrastructure to meet investor needs.

Area and Detailed Planning

I.P No. 3 is divided into various zones, including production, service, and utility zones. This zoning optimizes land use, creating a dynamic working environment.

Transportation and Technical Infrastructure

I.P No. 3 features a modern transportation and technical infrastructure network, with wide roads connected to main routes. It also includes electricity, water, and wastewater treatment systems, creating an optimal working environment.

I.P No. 3 serves as a model for industrial park planning and development in Vietnam, with modern infrastructure and a favorable investment environment.

Core Industries at the Industrial Park

Industrial Park No. 3 attracts many businesses operating in key sectors, such as manufacturing, assembly, information technology, and electronics. These industries not only attract investment but also drive industrial park development.

Manufacturing and Assembly Industry

I.P No. 3 is a destination for numerous companies in the manufacturing and assembly sectors, leveraging its location, modern infrastructure, and favorable policies to expand production and increase competitiveness.

Information Technology and Electronics

The park also attracts many companies in information technology and electronics, benefiting from a dynamic business environment, quality workforce, and modern infrastructure. This supports the development of new technology products and services.

I.P No. 3 is becoming a hub for core industries like manufacturing, assembly, information technology, and electronics, creating significant growth opportunities for businesses.

About Industrial Park No. 3 in Hung Yen Province

Industrial Park No. 3 in Hung Yen Province is undergoing strong development, playing an essential role in the province’s industrialization and modernization. Its strategic location and integrated infrastructure attract numerous investors.

The industrial park was designed to attract businesses, offering the following advantages:

Convenient location with easy transportation connections
Modern technical infrastructure meeting production needs
Attractive investment incentive policies
Abundant and quality labor force

Thus, I.P No. 3 is establishing itself as an ideal investment destination, driving the socio-economic development of Hung Yen Province.

Policy stability and a favorable investment environment at I.P No. 3 are key factors that attract businesses to invest and expand production.

Investment Incentives and Support

Hung Yen Province is implementing various incentive and support policies at I.P No. 3, aimed at creating favorable conditions for investors.

Investment incentives and support at this industrial park include:

Corporate income tax exemptions and reductions for 10-15 years
Land-related support, such as allocation, leasing, and subleasing at favorable rates
Support for building and developing technical infrastructure and transportation
Support for workforce training, recruitment, and development
Access to low-interest loans
Support in information, legal consulting, and other services

These policies provide practical benefits for investors, enhancing I.P No. 3’s competitiveness and attracting new investment projects.

The incentives and investment support at I.P No. 3 play a crucial role in attracting strategic investors and contributing to Hung Yen Province’s socio-economic development.

Favorable Business and Investment Environment

Industrial Park No. 3 in Hung Yen Province offers a favorable business and investment environment. The area has an abundant, high-quality workforce that meets investor needs. The legal and administrative procedures are transparent and efficient, enabling companies to implement projects quickly.

Abundant and Quality Workforce

Hung Yen boasts a young, enthusiastic, and highly skilled workforce, with many workers trained to meet industrial technical requirements. Companies at I.P No. 3 value the workforce quality available here.

Transparent Legal and Administrative Procedures

The Hung Yen provincial government has established a clear, simple, and effective legal and administrative system. Investment procedures at I.P No. 3 are conducted transparently and efficiently, facilitating effective project implementation for investors.

Future Development Potential

Industrial Park No. 3 in Hung Yen Province has numerous advantages, including its geographic location, modern technical infrastructure, and high-quality workforce. The park is expected to attract many new investment projects, driving local industrial and economic development in the future.

Geographic Location Advantage

The park’s proximity to major urban centers like Hanoi and Hai Phong supports efficient transportation connectivity, enhancing economic links and providing favorable conditions for businesses.

Modern Technical Infrastructure

The advanced infrastructure also offers significant benefits. Investors can quickly and efficiently access utilities such as electricity, water, transportation, telecommunications, and logistics.

Abundant and Quality Workforce

Hung Yen’s strong labor pool attracts investment, providing a solid foundation for business expansion and development in the future.

With these inherent advantages, I.P No. 3 is set to play an important role in promoting the industrial and economic development of Hung Yen Province.

The special investment incentive policies are also expected to attract numerous new investors, creating favorable conditions for expanding production and business activities at I.P No. 3.

With these potential factors, I.P No. 3 in Hung Yen Province is expected to become a prominent destination on Vietnam’s industrial investment map, contributing to the local socio-economic development in the future.

Conclusion

Industrial Park No. 3 in Hung Yen Province is attracting many investors with its strategic location, modern infrastructure, and attractive incentives. The strong development of manufacturing, assembly, and information technology industries is evident here.

The favorable business environment includes an abundant, high-quality workforce, as well as transparent legal and administrative procedures, drawing domestic and international investors.

I.P No. 3 in Hung Yen Province is poised for strong growth, establishing itself as a center for industrial production and assembly, driving the province’s sustainable development.

Other Industrial Zones

FAQ

What is the geographic location of Industrial Park No. 3 in Hung Yen?
I.P No. 3 is located in Hong Tien Commune in Khoai Chau District, Ly Thuong Kiet Commune in Yen My District, and Xuan Truc Commune in An Thi District, Hung Yen Province, near major transportation routes such as National Highway 5, the Hanoi-Hai Phong railway, and Noi Bai International Airport. It is also close to urban areas like Van Giang, Van Lam, and My Hao, facilitating access to labor and services.

What is the scale and modern infrastructure of Industrial Park No. 3?
I.P No. 3 spans 159.7 hectares. The industrial park is planned with modern infrastructure, including roads, electricity, clean water, wastewater treatment, telecommunications, and other production-supporting facilities.

What are the main industries at Industrial Park No. 3?
The industrial park attracts companies in manufacturing, assembly, information technology, and electronics. These high-potential sectors help the park attract investment and grow.

What are the investment incentives and support at Industrial Park No. 3?
Hung Yen Province offers various incentives and support for investment at I.P No. 3, including tax exemptions and reductions, land support, infrastructure, and other services to attract and facilitate investors.

What is the business and investment environment at I.P No. 3?
I.P No. 3 offers a favorable business and investment environment with an abundant and high-quality workforce. The local legal and administrative system is transparent and efficient, allowing investors to implement projects quickly.

What is the development potential of I.P No. 3 in the future?
With advantages in location, modern infrastructure, high-quality workforce, and incentives, Industrial Park No. 3 has significant development potential. The industrial park is expected to attract many new investment projects, fostering local industrial and economic growth in the future.