Nam Tien Phong Industrial Zone in Quang Ninh Province
Nam Tien Phong Industrial Zone is located in Tien Phong, Yen Hung, Quang Ninh, Vietnam. This is a center for modern industrial development, featuring synchronous infrastructure and a strategic location. The industrial zone plays an important role in promoting the socio-economic development of Quang Ninh Province and the region.
Key Points to Note
- The Nam Tien Phong Industrial Zone is the center for modern industrial development in Quang Ninh Province.
- Its strategic location and synchronous infrastructure contribute to economic and social development.
- The industrial zone provides numerous investment and business opportunities for enterprises.
- Both heavy and light industries have development potential here.
- Attractive investment incentives and a favorable business environment are strengths of the industrial zone.
Geographical Location of the Nam Tien Phong Industrial Zone
The Nam Tien Phong Industrial Zone is constructed in Quang Ninh Province, located in the northeastern part of Vietnam. It is about 150 km from Hanoi and only 50 km from Hai Phong City. This provides enterprises with transportation advantages, allowing them to easily transport goods and materials.
Close to Major Economic Centers
The Nam Tien Phong I.Z is near major economic centers such as Hanoi and Hai Phong. This enables businesses to easily access raw materials and transport products. Enterprises can also connect easily with consumer markets, facilitating their operations.
The strategic geographical location of the Nam Tien Phong I.Z is an important competitive advantage for investors. With this advantageous location, the Nam Tien Phong I.Z attracts many businesses looking to invest in industrial production in Vietnam.
vinascreal.com
History of Establishment and Development of the Industrial Zone
The Nam Tien Phong Industrial Zone was established in 2008 by the Quang Ninh Provincial People’s Committee. This industrial zone has had an impressive development journey. The main objective of the Nam Tien Phong I.Z is to attract investment and promote industrialization and modernization in Quang Ninh Province. The local government and investment incentive policies have supported the development of this industrial zone.
Many large domestic and international enterprises have invested in the Nam Tien Phong I.Z, creating jobs and boosting the local economy. At the same time, this also enhances the status of Quang Ninh Province in the industrial investment market. The Nam Tien Phong I.Z has become one of the key drivers of socio-economic development in Quang Ninh Province. It continues to be an attractive destination for investors and will contribute to the development of Quang Ninh Province in the future.
Modern Infrastructure at the Nam Tien Phong Industrial Zone
The Nam Tien Phong Industrial Zone is located in Quang Ninh Province and is constructed with modern infrastructure that meets the production needs of enterprises. The industrial zone stands out with its convenient transportation system, along with a sufficient supply of electricity and water.
Convenient Transportation System
The Nam Tien Phong I.Z connects with important transportation routes, including highways, railways, and seaports. This facilitates easy transportation of goods to major economic centers both domestically and internationally.
Sufficient Supply of Electricity and Water
The Nam Tien Phong I.Z is invested and constructed with synchronous infrastructure. The power and water supply systems meet production demands. Stable, high-quality electricity and water ensure the continuous and efficient operation of enterprises.
The Nam Tien Phong I.Z is built with modern infrastructure, fully meeting the production needs of businesses.
Overview of the Nam Tien Phong Industrial Zone in Quang Ninh Province
The Nam Tien Phong I.Z is located in Quang Ninh Province, a vibrant investment location. It has attracted many domestic and foreign investors, primarily due to its favorable geographical location and modern infrastructure.
The Nam Tien Phong I.Z is an important industrial center in Quang Ninh Province, contributing to socio-economic development. Its location and technical infrastructure make this industrial zone increasingly significant.
The Nam Tien Phong I.Z is a bright spot in the industrial development strategy of Quang Ninh Province, making a significant contribution to the region’s economic growth. The industrial zone has numerous advantages and potential, and it will continue to play an important role in attracting investment and promoting industrial development in Quang Ninh Province in the future.
Development Potential of the Industrial Sector in the Area
The Nam Tien Phong I.Z, located in Quang Ninh Province, has substantial potential. It can become a crucial industrial center, with opportunities for both heavy and light industries.
Heavy Industry
The industrial zone is close to major economic centers, attracting businesses in metal production, chemicals, and mechanical engineering. These industries create jobs and boost the supply chain and logistics.
Light Industry
The Nam Tien Phong I.Z also develops light industries. The textile, leather and footwear, electronics, and agricultural processing sectors have significant potential. They leverage abundant labor and reasonable costs to enhance production and exports.
| Industry | Development Potential |
| Heavy Industry | Metal production, chemicals, mechanical engineering |
| Light Industry | Textiles, leather and footwear, electronics, agricultural processing |
The Nam Tien Phong I.Z possesses many advantages to become an important industrial center in Quang Ninh and the northern region.
Investment Incentives at the Industrial Zone
The Quang Ninh provincial government has implemented various investment incentive policies to attract investors. These incentives help businesses reduce taxes and exempt import duties on machinery and equipment, as well as providing land incentives and supporting infrastructure development.
- Tax Incentives: Reduction of corporate income tax, exemption of import duties on machinery, equipment, and materials for investment.
- Land Incentives: Provision of clean land at favorable prices and support for quick land allocation procedures.
- Infrastructure Incentives: Investment in developing synchronous, modern technical infrastructure within the industrial zone.
- Service Support: Support for recruitment, training, and administrative services.
As a result, the Nam Tien Phong I.Z has attracted many large enterprises looking to invest and develop production.
| Type of Incentive | Content |
| Tax Incentives | – Reduction of corporate income tax – Exemption of import duties on machinery and equipment |
| Land Incentives | – Provision of clean land at favorable prices – Support for quick land allocation procedures |
| Infrastructure Incentives | Investment in developing synchronous, modern technical infrastructure |
| Service Support | Support for recruitment, training, and administrative services |
Due to these incentives, the Nam Tien Phong I.Z has attracted many investors from both domestic and international markets.
The investment incentives at the Nam Tien Phong I.Z have created a highly attractive investment environment, drawing many large companies to invest and develop their operations here.
Favorable Business Investment Environment
The Nam Tien Phong Industrial Zone in Quang Ninh Province offers a very favorable business investment environment due to the combination of several important factors, particularly the abundant labor supply and reasonable investment costs.
Abundant Labor Supply
The Nam Tien Phong I.Z is close to large residential centers, providing a rich and high-quality labor supply. The workforce is experienced and well-trained, meeting the needs of various industries.
Reasonable Investment Costs
Investment costs at the Nam Tien Phong I.Z are reasonable compared to other areas. Enterprises save significantly on costs such as land, labor, electricity, water, and infrastructure services.
With the advantages of a favorable investment environment, abundant labor, and reasonable investment costs, the Nam Tien Phong I.Z attracts many enterprises, especially in industrial sectors, to invest and operate here.
The Nam Tien Phong I.Z is an ideal location for businesses to develop and expand their operations.
Major Enterprises Investing in the Industrial Zone
The Nam Tien Phong I.Z has attracted many large corporations that see its potential and advantages. Consequently, they commit to long-term investments and expansions here.
Among the major investing enterprises are:
- Samsung Electronics Vietnam Co., Ltd. – Established a manufacturing plant for electronic components and smartphones.
- Foxconn Vietnam Co., Ltd. – A leading provider of electronic equipment, has set up a manufacturing facility.
- Hyundai Mobis Vietnam Co., Ltd. – A large automotive parts manufacturer investing in a plant.
Such large enterprises enhance the appeal of the Nam Tien Phong I.Z, affirming its position and development potential.
The Nam Tien Phong I.Z attracts large enterprises due to its favorable geographical location, modern infrastructure, and attractive investment incentives.
Conclusion
The Nam Tien Phong Industrial Zone in Quang Ninh Province is an attractive destination. Its strategic location, modern infrastructure, and investment incentives have attracted many enterprises to invest, contributing to the socio-economic development of the province.
The Nam Tien Phong I.Z has geographical advantages and has become a center for modern industrial development. This area attracts capital and advanced technology, aiding business growth.
With its achievements, the Nam Tien Phong I.Z will continue to develop, expanding its scale and enhancing service quality. This will attract more investors and help Quang Ninh Province achieve sustainable development.
Other industrial zones
- Bac Tien Phong Industrial Park In Quang Ninh Province
- Cai Lan Industrial Park In Quang Ninh Province
- Dong Mai Industrial Cluster In Quang Ninh Province
- Dong Mai Industrial Park In Quang Ninh Proinve
- Hai Ha Seaport Industrial Park In Quang Ninh Province
- Hai Yen Industrial Park In Quang Ninh Province
- Nam Tien Phong Industrial Park In Quang Ninh Province
- Song Khoai Industrial Park In Quang Ninh Province
- Viet Hung Industrial Park In Quang Ninh Province
FAQ
Where is the Nam Tien Phong Industrial Zone located?
The Nam Tien Phong Industrial Zone is located in Tien Phong, Yen Hung, Quang Ninh, Vietnam. This is a strategic location, close to major economic centers such as Hanoi and Hai Phong.
How was the Nam Tien Phong Industrial Zone established and developed?
The Nam Tien Phong I.Z was established by the Quang Ninh provincial government with the goal of attracting investment and promoting industrialization and modernization in the province. With support from the authorities and investors, this industrial zone has developed significantly.
What is the modern infrastructure like in the Nam Tien Phong I.Z?
The Nam Tien Phong I.Z is built with modern infrastructure, including a convenient transportation system, and a full supply of electricity and water to meet production needs.
What industrial development potential does the Nam Tien Phong Industrial Zone have?
The Nam Tien Phong Industrial Zone has significant potential for various industries, especially heavy industries like metal production, chemicals, and mechanical engineering, as well as light industries such as textiles, leather and footwear, electronics, and agricultural processing.
What are the investment incentives at the Nam Tien Phong I.Z?
The Quang Ninh provincial government implements various incentives to attract investors, including tax reductions, land use incentives, and infrastructure support. These create a favorable investment environment that attracts large enterprises.
How is the investment business environment at the Nam Tien Phong I.Z?
The Nam Tien Phong I.Z offers a favorable investment business environment with abundant labor and reasonable investment costs. This attracts many enterprises, especially in the industrial sector, to invest and operate here.
What major enterprises have invested in the Nam Tien Phong I.Z?
The Nam Tien Phong Industrial Zone has attracted many major enterprises, including Samsung Electronics Vietnam Co., Ltd., Foxconn Vietnam Co., Ltd., and Hyundai Mobis Vietnam Co., Ltd., among others.