Nong Son Industrial Cluster in Quang Nam Province

Nong Son Industrial Cluster in Quang Nam Province is attracting many investors. Its geographical location, modern infrastructure, and incentive policies are strong points, creating numerous opportunities for enterprises.

Key Highlights

  • Convenient geographical location with multimodal transportation connections
  • Modern infrastructure that meets the operational needs of businesses
  • Attractive incentives for investors
  • Potential for developing processing and logistics industries
  • A safe, stable, and business-friendly investment environment

Geographical Location of Nong Son Industrial Cluster

The Nong Son Industrial Cluster is located in Que Trung commune, Nong Son district, Quang Nam province. It has a strategic geographical position, with convenient road transportation and port potential that help connect this area with neighboring provinces and domestic and international markets.

Advantages in Road Transportation

The industrial cluster is near important transport routes such as National Route 1A and National Route 14B. Highways connect it to Da Nang, Hue, and Quang Ngai. This facilitates goods transportation, boosting production and logistics.

Port Development Potential

The industrial cluster also has the potential for port development, aiding in connections with international markets. With rich marine resources and a modernized port system, this area can become a crucial transshipment point for goods.

The strategic geographical location and multimodal transportation system create significant competitive advantages for the Nong Son I.C.

Bản Đồ Tỉnh Quảng Nam

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Overview of Nong Son Industrial Cluster in Quang Nam Province

The Nong Son Industrial Cluster is a bright spot in Quang Nam Province. It is centrally located, covering more than 50 hectares, and attracts many enterprises in processing, logistics, and various other industries.

With good location and infrastructure, along with attractive policies, the Nong Son I.C is a destination for investors, drawing interest from both domestic and foreign sources.

Scale and Industries

The Nong Son Industrial Cluster spans a large area of 50 hectares, making it one of the largest industrial parks in Quang Nam. Enterprises operate in various sectors, including:

  • Processing industry
  • Logistics
  • Services
  • Other industrial production

The Nong Son I.C is becoming a prominent location on the industrial investment map of Quang Nam, attracting numerous businesses for investment. With diverse industries, the Nong Son I.C fosters a dynamic business environment with many production, processing, and logistics activities.

History and Development

The Nong Son I.C is a highlight in Quang Nam’s economy, established in the early 21st century. Over various phases, the industrial cluster has completed and expanded its development.

Initial Phase

Initially, the Nong Son I.C faced many challenges, needing to develop infrastructure and attract investors. However, due to the efforts of local authorities, the cluster overcame difficulties.

Important Milestones

  • 2005: The Nong Son Industrial Cluster was officially established and began operations.
  • 2010: Infrastructure for transportation and technical facilities were completed, attracting many investors.
  • 2015: Large enterprises’ manufacturing and processing plants began operations, boosting development.
  • 2020: The Nong Son Industrial Cluster expanded in size to meet the demands of new investors.

These significant milestones have shaped and driven the development of the Nong Son I.C, affirming its role in Quang Nam’s economic development.

Attractive Investment Environment

The Nong Son I.C in Quang Nam Province is an appealing place for investors, offering many incentives regarding taxes, land, and additional support. This is an ideal destination for businesses looking to expand or establish production facilities in Vietnam.

Investment Incentives at Nong Son Industrial Cluster Include:

  • Corporate income tax exemptions or reductions for up to 15 years
  • 50% reduction in land rental fees during the first 15 years
  • Support for building technical infrastructure such as roads, electricity, and water supply
  • Assistance with administrative procedures related to investment

These incentive policies help reduce costs for investors and facilitate the development and expansion of their businesses.

The strategic location, synchronous infrastructure, and attractive incentives make the Nong Son I.C a potential hub for many enterprises to invest in, contributing to the economic development of Quang Nam Province.

Key Economic Sectors

The Nong Son I.C has attracted numerous businesses in key economic sectors. This is thanks to good infrastructure, convenient transportation, and incentive policies. The two main sectors attracting investment are the processing industry and logistics services.

Processing Industry

The Nong Son I.C, with its advantageous location and good transportation, is ideal for the processing industry. Key sectors include:

  • Agricultural and food processing
  • Consumer goods production
  • Building materials manufacturing

Many leading companies choose Nong Son for its legal and tax incentives.

Logistics Services

The Nong Son I.C benefits from good road transportation and port potential, making it a hub for logistics services. Businesses take advantage of opportunities for transportation, storage, and distribution of goods.

The Nong Son I.C is becoming a dynamic economic center, hosting many leading enterprises in the processing and logistics sectors.

Modern Infrastructure

Nong Son I.C boasts a modern infrastructure system that meets the needs of enterprises. Its strategic location and superior transportation make it attractive to investors.

Synchronous Transportation System

The Nong Son I.C connects with a comprehensive transportation network, including:

  • Highways linking to major economic centers.
  • An extensive internal road network meeting transportation needs.
  • Proximity to Chu Lai International Airport, facilitating air transport.
  • Nearby Ky Ha Port and other ports for import-export logistics.

Advanced Technical Infrastructure

The Nong Son I.C has international-standard technical infrastructure, including:

  1. A stable electricity supply system meeting production needs.
  2. A modern clean water supply and wastewater treatment network.
  3. A modern telecommunications system with stable bandwidth.
  4. Infrastructure services such as housing, restaurants, and hotels to support businesses.

The advantages of its infrastructure make the Nong Son I.C attractive to investors.

Sustainable Development Potential

The Nong Son Industrial Cluster is strategically located with modern infrastructure, fostering sustainable development. This area attracts many investors, contributing to the economic growth of Quang Nam Province.

Strategic Location and Transportation Connectivity

The Nong Son I.C is located on key transportation routes, facilitating the development of processing industries and logistics services. The port potential is also being better utilized.

Attractive Incentive Policies

Local authorities have implemented numerous attractive policies for investment, including tax incentives, land prices, and technical infrastructure, making this area appealing. This draws many domestic and foreign investors.

Modern Infrastructure

The Nong Son I.C features modern infrastructure, with developed transportation, electricity, water, and telecommunications. This supports production and business activities.

With its location, infrastructure, and incentive policies, the Nong Son I.C holds significant potential for contributing to the sustainable development of Quang Nam and the region.

Investment Incentives

At the Nong Son I.C, local authorities and relevant agencies have created many attractive incentive policies to attract investors. These include incentives related to taxes, land, and other support services.

One of the standout policies is tax incentives. Investors in the Nong Son I.C may benefit from favorable tax rates and administrative support.

Local authorities also provide favorable land availability, with reasonable prices and conditions to help investors efficiently implement their projects.

Type of Incentive Details
Tax Incentives Favorable tax rates, administrative support
Land Availability Favorable land availability, reasonable prices
Support Services Assistance with procedures and investment-related services

With these incentive policies, the Nong Son Industrial Cluster is attracting many investors, aiding in the socio-economic development of the area.

Conclusion

Nong Son Industrial Park in Quang Nam Province is an attractive investment destination. Its favorable geographical location, modern infrastructure, and incentive policies are its strengths. It serves as a center for processing and logistics services.

Investors, both domestic and foreign, are looking for opportunities here. The Nong Son I.C not only brings economic benefits but also contributes to the sustainable development of the region.

The prominent advantages of the Nong Son Industrial Cluster make it a worthwhile investment option. This area promises to continue to be a bright spot in Vietnam’s investment landscape, providing many development opportunities.

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FAQ

Where is Nong Son Industrial Cluster located?
Nong Son Industrial Cluster is located in Que Trung commune, Nong Son district, Quang Nam Province.

What advantages does Nong Son I.C have?
Nong Son has a strategic geographical location, with good road and port transportation. It has modern infrastructure and attractive investment policies.

What key economic sectors are prioritized in Nong Son I.C?
Nong Son attracts processing and logistics businesses.

What investment incentives does Nong Son Industrial Cluster offer to investors?
Nong Son has many incentives, including tax exemptions, land availability, and support services.

What is the sustainable development potential of Nong Son Industrial Cluster?
Nong Son has advantages in location, modern infrastructure, and incentive policies, creating conditions for sustainable development and boosting the economy of Quang Nam Province.

How is Nong Son I.C integrating and cooperating internationally?
Nong Son I.C is increasingly integrating into the international economy and attracting foreign investment. Companies here expand cooperation and connect with international partners, creating a global value chain and promoting sustainable development.