Phuoc Nam Industrial Park in Ninh Thuan Province

Key points from the introduction:

• Phuoc Nam Industrial Park is an attractive destination for investors in Ninh Thuan
• Large area of over 370 hectares
• Convenient location with a diverse transportation network
• Modern infrastructure, meeting business needs
• Aiming to attract both domestic and foreign investment

Location of Phuoc Nam Industrial Park

Phuoc Nam Industrial Park is located in the southern part of Ninh Thuan province. It is situated in the South Central region, in Phuoc Nam commune, Ninh Phuoc district, Ninh Thuan province (at km 1574 on National Highway 1); it is 15 km from Phan Rang – Tháp Chàm city, 70 km from Cam Ranh International Airport, 50 km from Bà Ngòi Port, and 10 km from Cà Ná General Port; it is 335 km from Ho Chi Minh City via road.

Transportation Connections

Phuoc Nam I.P enjoys highly convenient transportation. It is adjacent to National Highway 1A and the North-South Expressway, ensuring quick connectivity with major economic centers.

The industrial park also has multiple modern internal roads, ensuring easy movement of goods and labor.

Overall, Phuoc Nam I.P boasts a highly advantageous geographic location and transportation network, providing optimal conditions for industrial production.

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History of Formation and Development

Phuoc Nam Industrial Park was established in 2015, with the goal of attracting industrial investment to Ninh Thuan province. Since its inception, the park has developed rapidly, becoming an attractive destination for both domestic and foreign investors.

Over the years, Phuoc Nam I.P has achieved numerous milestones. Many businesses have chosen Phuoc Nam to invest and expand their production, demonstrating the park’s strong development potential.

With its favorable geographic location and modern infrastructure, Phuoc Nam I.P has become a “bright spot” for industrial investment in Ninh Thuan province.

Phuoc Nam I.P plays a crucial role in the economic and social development of Ninh Thuan. Its formation and development have contributed to the economic growth of the province, continuing to affirm its role in attracting sustainable investment.

Major Industrial Sectors

Phuoc Nam I.P has emerged as a key industrial hub, attracting numerous businesses in sectors such as food processing and renewable energy.

Food Processing Industry

Many companies have chosen Phuoc Nam I.P to produce and process agricultural and seafood products. The food processing plants located here contribute to the park’s role as a key industrial center.

Renewable Energy Industry

Phuoc Nam I.P has attracted several renewable energy projects, particularly solar energy. Factories producing solar panels and related technology have invested here, helping to develop the renewable energy industry in the area.

Phuoc Nam I.P’s focus on food processing and renewable energy makes it an attractive investment destination, promoting industrial development in Ninh Thuan.

Modern Infrastructure

Phuoc Nam I.P in Ninh Thuan province is equipped with modern infrastructure, fully meeting the operational needs of businesses. One of the highlights is its well-developed transportation system. The internal roadways are spacious, making it easy to transport goods.

Modern Transportation System

Businesses investing in Phuoc Nam I.P can rest assured about the connectivity of the transportation system. The internal road network is wide, with national highways and expressways directly connected to the park, ensuring fast and convenient transportation of goods and materials.

Water Supply and Wastewater Treatment Systems

Additionally, Phuoc Nam I.P is equipped with modern water supply and wastewater treatment systems, ensuring sufficient water for production and environmental protection. Businesses in Phuoc Nam I.P can operate without concern over water resources or environmental issues.

Thanks to comprehensive and modern infrastructure investments, Phuoc Nam I.P offers favorable conditions for businesses, helping to attract investment to the area.

Introduction to Phuoc Nam Industrial Park in Ninh Thuan Province

Phuoc Nam Industrial Park is a crucial industrial center in Ninh Thuan. Situated in a strategic location, the park features modern infrastructure and attractive investment incentives, drawing many investors.

Established in 2009, Phuoc Nam I.P has attracted numerous projects from major corporations. The main industrial sectors include:

• Food processing industry
• Renewable energy industry
• Building materials manufacturing industry
• Garment and textile industry

The park has a modern transportation system connecting it to both domestic and international markets. It is equipped with water supply, wastewater treatment systems, and investor support services.

The combination of investment incentives and modern infrastructure makes Phuoc Nam I.P highly attractive. With its development potential, the park promises to be an important industrial hub.

Investment Incentives

The local government has created favorable conditions for Phuoc Nam I.P through various investment incentives. These incentives provide businesses with significant advantages when investing in Ninh Thuan.

Investment incentives at Phuoc Nam I.P include:

• Corporate income tax exemptions/reductions for a number of years
• Support for land allocation/lease at preferential rates
• Infrastructure support, including transportation, water supply, and wastewater treatment
• Additional policies to create a transparent and efficient investment environment

These incentives help attract both domestic and foreign investors, boosting Ninh Thuan’s economic development.

The investment incentives at Phuoc Nam I.P are a key factor in creating an attractive investment environment, drawing businesses to Ninh Thuan province.

Major Projects in Development

Several large projects are underway at Phuoc Nam Industrial Park, driving industrial production and creating job opportunities, while also contributing to the economic development of the area.

Solar Panel Manufacturing Plant

One noteworthy project is the solar panel manufacturing plant, which will produce solar panels for both domestic and international markets. This high-tech project contributes to the renewable energy sector in Ninh Thuan province.

Agricultural Processing Industrial Zone

Phuoc Nam I.P attracts projects in agricultural processing, utilizing raw materials from nearby agricultural areas. Factories processing and packaging high-quality agricultural products are being constructed, adding value to local agricultural products.

These projects not only boost industrial production but also contribute to the socio-economic development of Ninh Thuan province, creating more jobs and investment opportunities.

Future Development Potential

Phuoc Nam I.P enjoys a strategic geographic location and modern infrastructure, and it is expected to grow significantly in the future. Key industrial sectors like food processing and renewable energy will be prioritized, attracting large-scale investment projects to the park.

Attractive investment incentives from the local government are a highlight. These include tax incentives, infrastructure support, and land allocation policies. Such policies create favorable conditions for investors, enhancing Phuoc Nam I.P’s development potential.

The park’s convenient transportation connections to major economic centers help businesses easily access raw materials, labor, and markets. This ensures a prosperous future for Phuoc Nam I.P.

In summary, Phuoc Nam I.P offers a favorable location, modern infrastructure, and attractive investment incentives. It holds great development potential and promises to be an appealing destination for both domestic and foreign businesses in the future.

Conclusion

Phuoc Nam Industrial Park in Ninh Thuan province is attracting many investors thanks to its geographic location, infrastructure, and investment incentives. Phuoc Nam I.P is becoming increasingly important in industrial development and job creation.

The overview of Phuoc Nam I.P highlights its great potential. Its location and convenient transportation, combined with investment policies, are drawing many investors. Notably, the food processing and renewable energy sectors are thriving.

In the future, Phuoc Nam I.P will attract many new projects, contributing to the socio-economic development of Ninh Thuan and the Central region.

Other Industrial Zones

• Du Long Industrial Park In Ninh Thuan Province
• Phuoc Nam Industrial Park In Ninh Thuan Province

FAQ

Where is Phuoc Nam Industrial Park located?
Phuoc Nam I.P is located in the South Central region, in Phuoc Nam commune, Ninh Phuoc district, Ninh Thuan province.

What is the transportation system like at Phuoc Nam I.P?
Phuoc Nam I.P has a modern transportation system. It is located near National Highway 1A and the North-South Expressway, facilitating easy connections with major economic centers. The park also features multiple internal roads to support the movement of goods and labor.

What are the main industries at Phuoc Nam I.P?
Phuoc Nam I.P focuses on food processing and renewable energy. Many companies processing agricultural and seafood products have invested here, and the area also attracts solar energy projects.

What investment incentives are available at Phuoc Nam I.P?
To attract investment, the local government has implemented various incentives, including tax exemptions, land support, and infrastructure assistance. These measures create favorable conditions for investors.

What major projects are underway at Phuoc Nam I.P?
Several large projects, such as a solar panel manufacturing plant, are underway at Phuoc Nam I.P. These projects help boost industrial production and create job opportunities.

What is the future development potential of Phuoc Nam I.P?
With its advantageous location and infrastructure, Phuoc Nam Industrial Park is expected to experience strong growth. The food processing and renewable energy sectors will be prioritized, attracting large-scale investment projects to the park.