Loc Son Industrial Park in Lam Dong Province

Key Points

• Loc Son Industrial Park is one of the key industrial parks in Lam Dong Province.
• It has a strategic location, close to major transportation axes and modern infrastructure.
• Key production sectors include agricultural product processing and consumer goods manufacturing.
• It has significant development potential, attracting foreign investment.
• Attractive investment incentives and support policies.

Geographic Location of Loc Son Industrial Park

Loc Son Industrial Park is located in Loc Son Ward, Bao Loc City, Lam Dong Province. It is about 50 km east of Dalat City. This industrial park is surrounded by the beautiful natural scenery of the Lam Vien Plateau.

Proximity to Major Transportation Routes

Loc Son I.P is close to major transportation routes, including National Route 20 and National Route 27. This facilitates the transportation of goods and connections with neighboring localities.

The strategic geographic location and convenient transportation connections make Loc Son I.P an attractive destination for both domestic and foreign investors, contributing to the industrial development of Bao Loc City and Lam Dong Province.

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History of Formation and Development

Loc Son Industrial Park in Lam Dong Province has an impressive development history. It was established in 2009 and has since been continuously developing.

Throughout its history, Loc Son I.P has attracted many enterprises from both domestic and foreign sources. This has enhanced industrial production and promoted economic development. The park has gone through several development phases, from infrastructure completion to production diversification. The efforts of managers and enterprises have helped the industrial park thrive.

Today, Loc Son I.P is an attractive destination for investors, boasting modern infrastructure and a favorable business environment. The development of this industrial park has significantly contributed to the economic growth of Lam Dong Province.

Scale and Modern Infrastructure

Loc Son I.P is situated in Bao Loc City, Lam Dong Province. It is an important industrial center with an area of 320 hectares, of which 230 hectares of industrial land have been developed.

Integrated Transportation System

Loc Son I.P has a modern transportation system, allowing enterprises to easily transport goods by road, rail, and via a nearby international airport.

Loc Son I.P is expansive and features modern infrastructure, making it an attractive destination for both domestic and foreign investors.

Main Production Sectors

Loc Son I.P focuses on agricultural product processing and consumer goods manufacturing. These sectors create high value and leverage local raw materials and labor.

Agricultural Product Processing

The industrial park benefits from its location and climate, excelling in processing tea, coffee, and fruits. Companies here develop quality products, applying new technologies.

Consumer Goods Manufacturing

The consumer goods manufacturing sector, including textiles, leather, and electronics, is also strong. Companies here continually innovate, improving quality and productivity to enhance competitiveness.

The main production sectors at Loc Son I.P hold significant potential and play a crucial role in promoting the socio-economic development of the local area.

Introduction to Loc Son Industrial Park in Lam Dong Province

Loc Son Industrial Park is a key industrial center in Lam Dong Province, attracting numerous domestic and foreign enterprises. Its strategic location, modern infrastructure, and attractive incentives have contributed to the park’s continuous development.

The site is located in Bao Loc City, near Ho Chi Minh Road, National Route 20, and the North-South Railway. This facilitates the transportation of goods and connections with domestic and international markets.

Covering up to 280 hectares, Loc Son I.P features a synchronized transportation system that meets the production and business needs of enterprises. This is a key factor attracting investors to Loc Son I.P.

The main production sectors in Loc Son I.P include agricultural product processing, consumer goods manufacturing, textiles, and leather. Many reputable enterprises have invested in Loc Son I.P, contributing to the socio-economic development of Lam Dong Province.

Loc Son I.P is an attractive destination for investors due to its strategic location, modern infrastructure, and appealing incentives.

Future Development Potential

Loc Son I.P in Lam Dong Province is poised for strong development in the future. Its strategic location and modern infrastructure make it appealing to numerous domestic and foreign investors.

Plans for Expansion

The local government is planning to expand Loc Son I.P to 500 hectares, which will attract new projects. Sectors such as agricultural product processing, consumer goods manufacturing, and high technology will be developed.

Attracting Foreign Investment

Local authorities are working hard to attract foreign investment into Loc Son I.P. Incentives regarding taxes, infrastructure, and business support services are being implemented, which will help the industrial park develop robustly in the future.

With plans and development strategies, Loc Son I.P will continue to attract many investors, which will help Lam Dong Province grow economically and socially.

Incentives and Investment Support Policies

The Lam Dong Provincial Government has implemented various incentive and investment support policies for Loc Son I.P. These policies assist enterprises in developing and operating efficiently, aiming to create favorable conditions for investors.

Investors in Loc Son I.P benefit from numerous incentives, such as:

• Exemption/reduction of corporate income taxes, import taxes on machinery, equipment, raw materials, etc.
• Support for production land and technical infrastructure.
• Training and development support for high-quality human resources.

These policies help reduce the financial burden on enterprises while creating a conducive investment environment, promoting the development of Loc Son I.P.

With practical incentives and investment support policies, Loc Son I.P attracts many investors. These benefits increase the number of projects in the area, promoting local economic development.

Exemplary Projects in the Industrial Park

Loc Son I.P has attracted many investment projects, boosting industrial development. Some notable projects in this industrial park include:

• Tan Hiep Phat Group’s tea processing factory, which provides high-quality tea products to domestic and international markets.
• Dong Nai Garment Corporation’s leather shoe factory, leveraging available raw materials to supply products for export markets.
• LG Electronics’ electronics factory, which produces advanced technological equipment for export to various countries worldwide.

These projects not only enhance industrial production capacity but also create additional jobs for local residents, contributing to the socio-economic development of Lam Dong Province.

Investment projects at Loc Son Industrial Park not only yield profits for enterprises but also create jobs and improve the living standards of local people.

Contribution to the Local Economy

Loc Son Industrial Park plays a significant role in the economic development of Lam Dong Province. Enterprises here create thousands of job opportunities, enhancing income and improving the living conditions of residents.

This industrial park also makes significant contributions to the local budget. Over the past five years, Loc Son I.P has paid over 500 billion VND in taxes, providing additional revenue for local authorities.

The development of Loc Son I.P not only brings economic benefits but also promotes the industrialization and modernization of Lam Dong Province. This creates jobs, enhances residents’ living standards, and stimulates the local economy.

With these tangible contributions, Loc Son I.P has become an important driving force, promoting the socio-economic development of Lam Dong Province.

The development of Loc Son I.P has brought substantial benefits to the local economy, improving the living conditions of residents and facilitating the industrialization process in Lam Dong Province.

Environmental Issues and Sustainable Development

Loc Son Industrial Park places great emphasis on environmental protection and promotes sustainable development. Companies here adhere to regulations on waste management and resource conservation.

Local authorities have implemented various policies to promote industrial growth while protecting the environment. This helps ensure the long-term and sustainable development of the industrial park.

As a result, Loc Son I.P has become a model for balancing industrial development with environmental protection, occurring in Lam Dong Province.

Other industrial zones

• Loc Son Industrial Park In Lam Dong Province
• Phu Hoi Industrial Park In Lam Dong Province
• Tan Phu Industrial Park In Lam Dong Province

FAQ

Where is Loc Son Industrial Park located?
Loc Son I.P is situated in Loc Son Ward, Bao Loc City, Lam Dong Province. It is about 50 km east of Dalat City. This industrial park is located near major roads, facilitating transportation and cargo movement.

What is the scale of Loc Son I.P?
Loc Son I.P covers 185 hectares and is equipped with complete infrastructure to meet the needs of enterprises.

What are the main production sectors in Loc Son I.P?
Loc Son I.P focuses on agricultural product processing and consumer goods manufacturing. These sectors have competitive advantages due to abundant raw materials and labor.

What is the development potential of Loc Son Industrial Park in the future?
Local authorities are making efforts to attract investors, especially in agricultural product processing and high-tech sectors.

What investment incentives and support policies does Loc Son Industrial Park have?
To attract investors, local authorities have enacted various incentive policies, including tax exemptions, support for production land, and workforce training. These measures create favorable conditions for enterprise development.

What exemplary projects are in Loc Son Industrial Park?

Loc Son I.P has attracted many major projects, such as Tan Hiep Phat Group’s tea processing factory and Dong Nai Garment Corporation’s leather shoe factory. These projects have created jobs and enhanced industrial production capacity.

How does Loc Son I.P contribute to the local economy?
Loc Son I.P has significantly contributed to the economy of Lam Dong Province. Enterprise activities here have generated many jobs, increased incomes, and improved living standards. The park also contributes to the local budget through taxes and fees.

Is Loc Son I.P concerned with environmental issues and sustainable development?
Loc Son I.P is very committed to environmental protection and sustainable development. Enterprises strictly comply with waste management and resource conservation regulations. Local authorities also implement various policies to promote sustainable industrial development.