Phan Thiet Industrial Park Phase 1 in Binh Thuan Province

Phan Thiet Industrial Park Phase 1 is an important project in Binh Thuan Province. It features modern infrastructure and a strategic location. This project attracts both domestic and foreign investors, creating excellent business opportunities for enterprises.

Highlights

Strategic location in the key economic region of Binh Thuan Province

Modern infrastructure system that meets investor needs

Attractive investment incentive policies, attracting both domestic and foreign enterprises

Abundant and well-trained human resources

Close proximity to economic centers and major transportation routes

Geographic Location of Phan Thiet Industrial Park Phase 1

Phan Thiet Industrial Park Phase 1 is situated in a strategic location within the key economic region of Binh Thuan Province. This industrial park easily connects with major economic centers via crucial transportation routes.

Located in the Key Economic Region

Phan Thiet I.P Phase 1 is in Binh Thuan’s key economic area, attracting numerous investors and businesses. This location creates opportunities for economic development, especially in processing, manufacturing, and logistics services.

Near Major Transportation Routes

The industrial park is close to important transportation routes such as highways, seaports, and airports. This facilitates goods transportation and connections to economic centers. Enterprises here benefit from transportation and logistics advantages.

The strategic location of Phan Thiet I.P Phase 1 is one of the key factors attracting many investors.

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Scale and Area of the Industrial Park

Phan Thiet Industrial Park Phase 1 in Binh Thuan Province has a large scale and area. It provides space for investors to develop production, processing, and logistics projects. With a total area of up to 800 hectares, this industrial park is an attractive investment site in the province.

A notable feature of this industrial park is the diversity in business and production. In addition to manufacturing and processing, this area has a modern logistics and warehousing system, meeting the storage and transportation needs of businesses.

The large area of Phan Thiet I.P Phase 1 will boost the growth of industrial sectors, contributing to the development of processing, manufacturing, logistics, and services in Binh Thuan Province in the future.

Development Process of the Industrial Park

Phan Thiet I.P Phase 1 has developed in a structured manner. From initial planning and investment, it has transitioned into the construction phase and attracted investment. It has now become an attractive destination for investors.

Planning and Investment Phase

Phan Thiet I.P Phase 1 was planned in the early 2010s. Detailed plans and feasibility studies were conducted, aiming to create an industrial park with a strategic location, synchronized infrastructure, and a modern business ecosystem.

Construction and Investment Attraction Phase

The project then entered the phase of building infrastructure. Many transport, technical, and public utility works have been completed. Now, the industrial park is attracting investments from domestic and international enterprises, aiming to become a dynamic and efficient production and business area.

With its strategic location and modern infrastructure, Phan Thiet I.P Phase 1 is becoming an attractive destination for investors.

Phase	Content
Planning and Investment	– Detailed study and planning – Investment in infrastructure construction
Construction and Investment Attraction	– Completion of technical infrastructure and utilities – Actively attracting domestic and foreign investors

Main Business Sectors in the Industrial Park

Phan Thiet Industrial Park Phase 1 is established to attract investment, focusing on important business sectors in Binh Thuan Province. The two prioritized industries are processing, manufacturing, and logistics and warehousing services.

Processing and Manufacturing Industry

Phan Thiet I.P Phase 1 attracts many projects. Key fields include food and beverage production, wood, machinery, electronics, and automotive parts. The advantageous location and attractive investment incentives are the reasons.

Logistics and Warehousing Services

The industrial park is an ideal destination for logistics and warehousing sectors.
Transport, storage, distribution, and supply chain management services are implemented, optimizing the operations of processing and manufacturing industries in the area.

Thanks to these advantages, Phan Thiet I.P Phase 1 is attracting investors, promoting the development of processing, manufacturing, and logistics in Binh Thuan.

Phan Thiet I.P Phase 1 is a highlight in Vietnam’s industry. Its strategic location and modern infrastructure make it significant.

Invested with a long-term vision, Phan Thiet I.P Phase 1 is realizing its dream of becoming a destination for investors, businesses, and workers.

The location, transportation infrastructure, and logistics make this industrial park attractive to investors, providing opportunities and benefits for Binh Thuan and surrounding areas.

Transportation and Logistics Infrastructure in the Industrial Park

Phan Thiet Industrial Park Phase 1 is designed with a modern transportation system. This facilitates logistics and goods transportation. The strategic location and development of transportation and logistics infrastructure provide advantages for businesses.

Road Transportation System

Phan Thiet I.P Phase 1 is close to important road routes, including National Highway 1A and National Highway 28. This allows enterprises to easily connect with economic centers and international border gates, enhancing competitiveness and logistics efficiency.

Seaport and Logistics System

Phan Thiet I.P Phase 1 also benefits from modern seaports. Phan Thiet Port, located 20 km from the industrial park, is being invested in to meet transportation and logistics demands, strengthening the development of the industrial park.

The advantages in transportation and logistics infrastructure make Phan Thiet I.P Phase 1 appealing. It is an ideal destination for investors, especially in production, processing, and export.

Human Resources and Vocational Training in the Area

Binh Thuan Province, home to Phan Thiet Industrial Park Phase 1, has abundant human resources. Many vocational training institutions in the province provide thousands of skilled workers to meet the needs of enterprises in the industrial park.

Colleges, intermediate schools, and vocational training centers in Binh Thuan train in various fields, such as information technology, mechanical engineering, electrical and electronics, textiles, and logistics services. Programs are designed to provide high-skilled human resources to meet business needs.

Enterprises in the industrial park are supported in vocational training for workers. Incentive policies from local authorities help improve the quality of human resources, ensuring sustainable business development.

Training Institution	Training Field	Training Scale
Binh Thuan Vocational College	Mechanical Engineering, Electrical and Electronics, Information Technology	Over 6,000 students
Binh Thuan Intermediate Vocational School	Textiles, Logistics, Tourism	Over 3,000 trainees
Binh Thuan Vocational Training Center	Mechanical Engineering, Electrical and Electronics, Construction	About 1,500 trainees

With abundant human resources and quality vocational training facilities, Phan Thiet I.P Phase 1 in Binh Thuan Province ensures a sufficient supply of skilled labor. Enterprises operating here can be assured of their human resource needs.

Benefits and Investment Incentives in the Industrial Park

Phan Thiet Industrial Park Phase 1 in Binh Thuan Province is offering many incentive policies to attract investors. Tax incentives are among the notable benefits.

Tax Incentive Policies

Investing enterprises will enjoy various tax incentives. They will be exempt from corporate income tax for the first 2-4 years. Subsequently, they will receive a 50% reduction in the tax payable for the next 4-9 years.

They are also exempt from import tax on machinery, equipment, and raw materials not produced domestically.

Labor Training Support

The industrial park also implements various training support programs, helping businesses build a professional workforce. Enterprises will be supported for up to 50% of the training costs for new employees.

Other Industrial Parks

FAQ

What is the geographic location of Phan Thiet Industrial Park Phase 1?
Phan Thiet I.P Phase 1 is located in the key economic region of Binh Thuan Province, near important transportation routes such as highways, seaports, and airports, facilitating easy goods transportation.

What is the scale and area of the industrial park?
Phan Thiet I.P Phase 1 has a large area, providing space for investors to develop production, processing, and logistics projects.

What is the development process of the industrial park?
Phan Thiet I.P Phase 1 has gone through multiple phases, from planning and investment to infrastructure construction. It is now attracting many domestic and foreign investors.

What are the main business sectors in the industrial park?
Phan Thiet I.P Phase 1 focuses on processing and manufacturing industries and also develops logistics and warehousing services, aiming to enhance key economic sectors in Binh Thuan Province.

How is the transportation and logistics infrastructure in the industrial park?
Phan Thiet I.P Phase 1 has a modern road and seaport transportation system, facilitating logistics and goods transportation.

What is the human resource and vocational training situation in the area?
Binh Thuan Province has abundant human resources and vocational training institutions, providing skilled labor for enterprises in the industrial park.

What are the benefits and investment incentives in the industrial park?
Phan Thiet Industrial Park Phase 1 offers many incentives for investors, such as tax policies and labor training support, facilitating business development.

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