Phu Gia Industrial Cluster in Phu Tho Province
Phu Gia Industrial Cluster is located in Phú Nham Commune – Gia Thanh – Phú Lộc, Phù Ninh District, Phu Tho Province, and is developing strongly. It has a strategic location and good infrastructure. This is a place that attracts many businesses to invest and produce in Vietnam.
Key Highlights
- The Cluster is a center for modern industrial development in Phu Tho Province.
- The industrial cluster has a strategic location and synchronized infrastructure.
- Many attractive incentives to attract investors.
- It has become an ideal destination for businesses wishing to expand production in Vietnam.
- Creating new opportunities in the fields of industry and investment.
Geographic Location of Phu Gia Industrial Cluster
The Cluster is located in the Northeast of Phu Tho Province. This location offers a significant competitive advantage in terms of geography. The area is easily connected to National Route 2, National Route 32, and Provincial Road 320. This allows the industrial cluster to easily access major economic centers such as Hanoi, Hải Phòng, and neighboring provinces.
Favorable Area and Transportation
The advantageous transportation position is a strength of the Cluster. Businesses here can easily connect with raw materials and components. They can also trade with domestic and international markets.
Competitive Advantage of Geographic Location
The strategic position of the Cluster in Phu Tho is a major advantage. This facilitates easy access to raw materials for businesses, while also expanding trade both domestically and internationally. The geographic location of the Cluster is an important competitive advantage, enabling businesses to easily access raw materials and expand operations domestically and internationally.
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Scale and Development Potential of the Industrial Cluster
The Phu Gia Industrial Cluster is located in Phu Tho Province. It has a large scale with an area of 400 hectares, of which 300 hectares of industrial land are ready for investment. The location and modern infrastructure of this industrial cluster create favorable conditions for strong development, particularly in the fields of processing, manufacturing, services, and logistics.
Businesses in the Cluster have played a significant role in the industrial development of Phu Tho Province. They create many jobs and boost the local economy. With advantages in location, infrastructure, and incentive policies, the Cluster is expected to continue to develop strongly in the future.
| Indicator | Data |
| Total area | 400 ha |
| Ready industrial land | 300 ha |
| Occupancy rate | 80% |
| Operating businesses | 120 |
| Total investment | 3.5 billion USD |
| Direct labor | 25,000 people |
Through these impressive figures, the Cluster has established itself as an attractive destination for investment. Investors both domestic and foreign are seeking cooperation opportunities here.
The Cluster is becoming a bright spot in the industrial landscape of Phu Tho Province, with its large scale, modern infrastructure, and attractive incentive policies.
Main Operational Fields of Businesses
The Cluster in Phu Tho Province has become a dynamic industrial center. It attracts many businesses operating in key fields such as processing, manufacturing, and the services and logistics sector.
Processing and Manufacturing Industry
Businesses in the processing and manufacturing sector are the backbone of the Phu Gia Industrial Cluster. They operate in industries such as electronic components, automobiles, machinery, wood, and textiles. Supporting industries are also being developed.
These businesses have significantly contributed to the strong development of Phu Tho and surrounding areas.
Services and Logistics Sector
In addition to the processing and manufacturing sector, the Phu Gia Industrial Cluster also attracts many service and logistics companies. They work in warehousing, transportation, import-export, and production support. These companies enhance productivity and production efficiency.
The Cluster has become a key driver of economic growth in Phu Tho Province, contributing to the development of many key industrial sectors.
Modern Infrastructure of the Industrial Cluster
The Cluster boasts a modern infrastructure system. It meets the needs of businesses. The transportation and logistics network operates efficiently, facilitating smooth transportation of goods and raw materials.
Transportation and Logistics System
The Cluster has a comprehensive internal road system. This is convenient for trucks and containers, with many parking lots to meet business needs.
Ports and warehouses are built synchronously, integrating modern logistics services. This optimizes the process of transporting and storing goods.
Electricity, Water Supply, and Waste Treatment
The Cluster has advanced technical infrastructure. It is fully supplied with electricity and clean water, featuring a modern industrial waste treatment system.
The Cluster has been invested in with a very modern technical infrastructure system, contributing to creating a favorable production and business environment for enterprises.
Introduction to Phu Gia Industrial Cluster in Phu Tho Province
The Phu Gia Industrial Cluster is a large and modern industrial area in Phu Tho Province. It is designed to attract industrial investment, which helps develop the socio-economic landscape of the local area.
The Cluster is located in the northern economic center. This location is convenient for road, rail, and air transport, facilitating production and logistics for businesses.
This industrial cluster covers more than 38 hectares. It is an ideal destination for both domestic and foreign investors. The processing, manufacturing, and services, and logistics industries are particularly suitable here.
The industrial cluster has been invested in with a modern infrastructure system. This includes transportation, electricity, water, and waste treatment, meeting the production and operational needs of businesses.
With its outstanding advantages, the Cluster is becoming a bright spot in Phu Tho Province. This area promises to attract many valuable investment projects in the future.
Incentive Policies and Investment Support
Businesses investing in the Cluster in Phu Tho enjoy many incentives. Local authorities provide investment support. This creates a favorable business environment, promoting business development.
Tax Policies and Exemptions
Investors in the Cluster benefit from tax incentives. They are exempt from corporate income tax for the first 2-4 years. After that, they receive a 50% reduction in tax for the next 4-9 years.
Projects are also exempt from or have reduced rates on other taxes, such as import tax.
Investment Promotion and Business Development Support
Local authorities also support businesses. They conduct investment promotion activities, providing legal consulting, infrastructure construction support, and other services.
| Incentive Policy | Description |
| Corporate income tax exemption | Exempt for the first 2-4 years, 50% reduction for the next 4-9 years |
| Exemptions and reductions on other taxes | Including import tax |
| Investment promotion support | Investment promotion activities, legal consulting, infrastructure support, and other supporting services |
The incentive policies and support from local authorities have created a very attractive investment environment at the Cluster, contributing to attracting many businesses to invest and develop strongly here.
Favorable Investment and Business Environment
Phu Tho Province has a rich human resource pool, professionally trained. They possess high skills, attracting investors. This is an important competitive advantage of the Cluster in Phu Tho Province.
Future Development Prospects
The Phu Gia Industrial Cluster in Phu Tho Province has significant development potential. Its location and modern infrastructure attract many investors. They wish to collaborate on investment and business here.
Plans for Expansion and Upgrading of the Industrial Cluster
In the future, the Cluster will be expanded and upgraded. This will meet the demands of businesses. It will also create job opportunities for local residents.
Potential for Investment and Business Cooperation
The Cluster attracts many investors due to its investment incentive policies. This is a potential destination for businesses wishing to expand. Companies will benefit from tax incentives and a favorable investment environment.
Conclusion
The Cluster in Phu Tho Province is developing strongly. It attracts many investment projects from both domestic and foreign sources. The strategic location, modern infrastructure, and incentive policies are critical factors.
This industrial cluster has advantages in transportation and a rich labor supply. Attractive incentive policies also help the industrial cluster draw many investors. The Cluster is asserting its position in the Vietnamese industrial investment market.
The Cluster is a dynamic industrial center. It contributes to the socio-economic development of the local area. With its competitive advantages, this industrial cluster will continue to develop and assert its position in the future.
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FAQ
What is the geographic location of the Cluster?
The Cluster is located in Phú Nham Commune – Gia Thanh – Phú Lộc, Phù Ninh District, Phu Tho Province. This location helps businesses easily access raw materials and trade.
What is the scale and development potential of the Cluster?
The Cluster covers an area of 38 hectares, with industrial land ready for investment. This area has potential for developing processing, manufacturing, services, and logistics sectors.
What are the main operational fields of businesses in the Cluster?
Businesses in this cluster mainly operate in processing and manufacturing. They produce electronic components, automobiles, machinery, wood, and textiles. This area also attracts services and logistics companies.
What is the modern infrastructure of the Cluster?
The Cluster has a modern transportation and logistics system. It provides electricity, clean water, and industrial waste treatment, meeting the production and transportation needs of businesses.
What are the incentive policies and investment support at the Cluster?
Investors benefit from favorable tax policies. They are exempt from corporate income tax for the first 2-4 years. After that, they receive a 50% reduction for the next 4-9 years. Local authorities provide support through investment promotion, legal consulting, infrastructure construction, and other services.
What is the investment and business environment at the Cluster?
Phu Tho Province has a rich, well-trained labor force. Local authorities and management commit to supporting investors through streamlined administrative procedures. This creates a favorable business environment.
What are the development prospects of the Phu Gia Industrial Cluster in the future?
The Phu Gia Industrial Cluster will expand and upgrade its infrastructure in the future. This will meet investor and business demands. The strategic location, modern infrastructure, and incentive policies will attract many investors, creating opportunities for cooperation and business.