Phu Thai Industrial Park in Hai Duong Province
Phu Thai Industrial Park, located in Hai Duong Province, is a modern industrial manufacturing hub. It has a strategic location, good infrastructure, and attractive investment policies. As a result, this industrial park attracts many domestic and international investors.
Key Highlights
- Strategic location in the key economic area
- Modern and complete infrastructure
- Attractive investment incentives
- Dynamic industrial production center
- Attracting many domestic and international investors
Geographical Location of Phu Thai Industrial Park
Phu Thai Industrial Park is located in Phu Thai Town and Kim Luong Commune, Kim Thanh District, Hai Duong. The park has a strategic position, surrounded by important transportation routes, facilitating connections to major economic centers.
Convenient Transportation Advantages
This industrial park is situated on the North-South and East-West routes, providing transportation advantages for companies. Businesses can easily access large markets such as Hanoi, Hai Phong, and neighboring provinces.
Proximity to Key Economic Areas
- Connectivity with developed provinces and cities such as Hanoi, Hai Phong, Quang Ninh, and Thai Binh.
- Near major seaports and international airports, connecting to both domestic and international markets.
- Located in the economic triangle of key development areas: Hanoi – Hai Phong – Quang Ninh.
Distance | Travel Time |
About 60 km from Hanoi | Approximately 1 hour |
About 50 km from Hai Phong | Approximately 1 hour |
About 60 km from Hai Phong Port | Approximately 1.5 hours |
The strategic geographical location and convenient transportation infrastructure are significant competitive advantages of Phu Thai I.P.
Scale and Development Potential
Phu Thai Industrial Park spans 56.7 hectares, offering ample potential for growth. Its strategic position and modern infrastructure attract numerous investors, promoting the socio-economic development of Hai Duong Province.
Advantages of Phu Thai Industrial Park:
- Large area of 56.7 hectares, suitable for large projects.
- Convenient geography, close to main transportation routes and economic zones.
- Modern infrastructure that meets business needs.
- Attractive policies that facilitate investment.
- Abundant labor supply with reasonable business costs.
Phu Thai I.P is an attractive destination for investors, driving industrial and economic development in Hai Duong Province. The park is becoming an appealing destination for investors, contributing to the socio-economic progress of Hai Duong Province.
Overview of Phu Thai Industrial Park in Hai Duong Province
Key Industries
Phu Thai I.P develops significant industries such as:
- Automotive manufacturing
- Electronic component manufacturing
- Textile industry
- Chemical production
- Building materials manufacturing
- Other high-tech fields
The diversity of industries helps Phu Thai I.P boost economic growth while creating many job opportunities for local residents.
Modern Infrastructure
Phu Thai I.P is invested with modern infrastructure systems, maximizing operational needs for production and business. Its strategic location in Hai Duong Province offers many advantages, including transportation systems and facilities serving investors.
Synchronous Transportation System
Phu Thai I.P has a synchronized transportation network, including road, rail, and waterway systems, enabling easy transportation of goods to domestic and international markets.
Complete Utility Supply
The park has a comprehensive utility system, including electricity, water, telecommunications, wastewater treatment, and additional support services. Investors can be assured about infrastructure, allowing them to focus on production and business.
Utility | Description |
Electricity | Stable power supply meeting production needs |
Water | Clean water supply and modern wastewater treatment |
Telecommunications | Modern telecommunications network serving communication needs |
Other Services | Additional support services such as internal roads, parking lots, housing areas… |
With modern and synchronized infrastructure, Phu Thai I.P provides an ideal working environment for businesses, contributing to productivity and operational efficiency.
Investment Incentives
Phu Thai Industrial Park in Hai Duong Province stands out with attractive investment incentives. Businesses benefit from tax, land price, and support services, helping to attract many investors.
Investors in Phu Thai I.P will enjoy numerous incentives, such as:
- Exemptions or reductions on taxes for a certain period
- Preferential land rental prices suitable for the financial conditions of enterprises
- Assistance with legal procedures and rapid investment licensing
- Comprehensive infrastructure and utility service provisions
These incentives create a favorable investment environment in the industrial park, promoting its development.
The investment incentives at Phu Thai I.P are a crucial highlight, attracting investors to this promising area.
Favorable Business Environment
Phu Thai Industrial Park in Hai Duong Province offers numerous opportunities for enterprises. It has a rich labor supply and reasonable business costs, making it a favorable choice for investors.
Abundant Labor Supply
Hai Duong Province has a skilled labor force capable of meeting business needs. The local government is also developing human resources to satisfy investor requirements.
Competitive Business Costs
Compared to other areas, land, electricity, water, and service costs in Phu Thai I.P are highly competitive, allowing businesses to save costs and increase profits.
Criteria | Phu Thai Industrial Park | Regional Average |
Land Price (USD/m2) | 50 – 70 | 60 – 90 |
Electricity Price (USD/kWh) | 0.08 – 0.10 | 0.10 – 0.12 |
Water Price (USD/m3) | 0.50 – 0.70 | 0.60 – 0.80 |
Phu Thai I.P not only provides a favorable business environment but also concentrates quality human resources and competitive business costs.
The Role of the Industrial Park in Local Economic Development
Phu Thai I.P is a bright spot in promoting the socio-economic development of Hai Duong Province. It attracts many businesses, creates jobs, and improves the living standards of residents.
Phu Thai I.P also helps Hai Duong Province develop strongly, stimulating growth in other sectors.
The benefits of Phu Thai I.P for the local economy include:
- Job creation, reducing unemployment.
- Contributions to the local budget of Hai Duong Province.
- Promotion of industrial and service sector development.
- Enhancing competitiveness and attracting investors.
Phu Thai I.P is key to local economic development, providing tangible benefits for Hai Duong Province.
Future Development Prospects
Phu Thai Industrial Park enjoys a favorable geographical location and modern infrastructure. The business environment here is very conducive, promising strong development prospects for the future.
Many investors highly value the potential of this industrial park and are planning to expand and enhance their production activities.
Plans for Expansion
In the future, Phu Thai I.P will invest in infrastructure to enhance service quality, ensuring better satisfaction of business demands.
Linking with neighboring industrial parks is also an important strategy aimed at creating appeal and attracting more new investment projects.
Investment Attraction Orientation
Phu Thai Industrial Park aims to attract new investment projects, especially in high-tech, automotive, and electronic component industries. The goal is to transform this industrial park into a modern industrial manufacturing center.
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FAQ
Where is Phu Thai Industrial Park located?
Phu Thai I.P is located in Phu Thai Town and Kim Luong Commune, Kim Thanh District, Hai Duong Province. It has a strategic position, connecting to major North-South and East-West transportation routes.
What transportation advantages does Phu Thai I.P offer?
Phu Thai I.P has transportation advantages, easily connecting to important economic centers such as Hanoi, Hai Phong, and neighboring provinces.
What is the planned area of Phu Thai I.P?
Phu Thai I.P is planned over an area of 56.7 hectares, making it a large industrial park with high development potential.
What industries does Phu Thai I.P focus on developing?
Phu Thai I.P develops key industries, including automotive manufacturing, electronic components, textiles, chemicals, building materials, and high-tech industries.
How is the infrastructure of Phu Thai I.P?
Phu Thai I.P features modern technical infrastructure, including a convenient transportation network, electricity, water, telecommunications, and other facilities.
What investment incentives does Phu Thai I.P offer?
Phu Thai I.P implements many investment incentives, including tax exemptions/reductions, preferential land prices, and legal support.
What is the business environment like in Phu Thai I.P?
The business environment in Phu Thai I.P is favorable, with a rich labor supply and reasonable business costs.
What role does Phu Thai I.P play in local economic development?
Phu Thai I.P plays an important role in the socio-economic development of Hai Duong Province, attracting many businesses, creating jobs, and contributing to the state budget.
What are the future development prospects for Phu Thai I.P?
Phu Thai Industrial Park has positive development prospects. With its advantageous location, modern infrastructure, and incentive policies, this industrial park will attract many new investment projects.