Quang Phu Industrial Park in Quang Ngai Province

Key Highlights

• Favorable geographical location, situated in the key economic region of Central Vietnam
• Modern infrastructure with stable transportation and logistics systems
• Attractive investment incentives and a favorable business environment
• High-quality human resources suitable for diverse industries
• Becoming an important driver for the industrial and economic development of Quang Ngai Province

Geographical Location of Quang Phu Industrial Park

Quang Phu Industrial Park is located in Quang Phu Commune, Tu Nghia District, Quang Ngai Province. This location is near the key economic region of Central Vietnam and close to important transportation routes such as National Highway 1A, National Highway 24, and Chu Lai Airport. This gives Quang Phu I.P an advantage in connectivity and logistics.

Connectivity to Major Economic Centers

Due to its favorable location, Quang Phu I.P easily links to major economic centers such as Da Nang, Quy Nhon, and Ho Chi Minh City. This opens up many opportunities for cooperation and development for businesses.

Quang Phu I.P is close to important seaports and logistics centers, such as Dung Quat Port and Chu Lai Logistics Area. This enables businesses to access markets quickly and effectively.
The geographical location of Quang Phu I.P is a significant competitive advantage, allowing businesses to maximize logistics advantages and connect with major economic centers.

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History of Establishment and Development

Quang Phu Industrial Park is a bright spot in Quang Ngai Province. It was established in 2001. Since then, this industrial park has asserted its position, becoming an important industrial center.
Throughout its establishment and development, Quang Phu I.P has attracted numerous projects. This has boosted the industrial sector and created job opportunities for local people.
Quang Phu I.P plays a crucial role in promoting economic growth in Quang Ngai and enhancing the province’s status on Vietnam’s industrial map.
To this day, Quang Phu I.P continues to develop, asserting its role and making Quang Ngai Province more prominent.

Scale and Investment Potential of the Quang Phu Industrial Park

Quang Phu I.P spans an area of 146.76 hectares, creating opportunities for many businesses to invest. It attracts sectors such as food processing, textiles, mechanics, electronics, and construction.

Large Area, Diverse Industries

Quang Phu I.P stands out with its large area, meeting the business needs of various enterprises. This makes the region attractive to investors.

Abundant Human Resources

Quang Phu I.P boasts a young and highly skilled workforce. This meets the demand for quality labor from businesses.
Quang Phu I.P is one of the important industrial centers in Quang Ngai Province, with potential for multi-industry development and a high-quality workforce.

Introduction to Quang Phu Industrial Park in Quang Ngai Province

Quang Phu Industrial Park is an important industrial center in Quang Ngai Province. It was built to attract both domestic and international investment, thereby boosting local industrial and economic development.
This industrial park has a strategic location, modern infrastructure, and attractive investment incentives, making it an ideal destination for investors. The industrial park is diverse in industries, creating a favorable business environment and abundant human resources.
Quang Phu I.P takes pride in its modern transportation system. It also provides stable electricity and water supplies, meeting the production needs of businesses. These advantages make this industrial park appealing.

Quang Phu I.P possesses many advantages, asserting its position as an attractive investment destination in Quang Ngai Province. This presents a great opportunity for investors looking to expand operations in Quang Phu I.P.

Quang Phu Industrial Park as a Key Industrial Center

Quang Phu Industrial Park is one of the key industrial centers in Quang Ngai Province, with many advantages in geographical location, infrastructure, and investment incentives.

Infrastructure and Logistics Advantages

Quang Phu I.P has a modern infrastructure and logistics system. This meets the production and business needs of enterprises. The favorable geographical location allows this industrial park to connect with economic centers domestically and internationally.

Convenient Transportation System

Quang Phu I.P is close to important transportation routes, including:

• Da Nang – Quang Ngai Expressway
• National Highway 1A and National Highway 24
• North-South Railway
• Dung Quat Seaport

Stable Supply of Electricity and Water

Quang Phu I.P has a stable supply of electricity and clean water. This meets the production needs of businesses.
With modern infrastructure and logistics, Quang Phu I.P attracts both domestic and foreign investors.

Investment Incentive Policies

The Quang Ngai Provincial Government has implemented many investment incentive policies to attract projects to Quang Phu I.P. These policies create a favorable investment environment aimed at attracting new businesses and developing them here.
Incentives include:

• Tax incentives, such as exemptions and reductions in corporate income tax and import tax on machinery and equipment.
• Land incentives, such as preferential land rental rates and lease terms.
• Infrastructure support, including investments in building and upgrading transportation, electricity, and water systems.
• Human resource training support, such as training and providing skilled labor.
• Other support services such as legal consulting, customs, and logistics.

Thanks to these incentive policies, Quang Phu I.P has attracted numerous investment projects, helping to develop the socio-economic landscape of Quang Ngai Province.
The investment incentive policies at Quang Phu I.P have contributed to creating an attractive business environment, drawing in many new projects for investment and development.

Favorable Business Environment

Quang Phu I.P not only has good infrastructure but also creates favorable conditions for investors. The local government provides maximum support to businesses.
This includes quick administrative procedures and services such as logistics, legal consulting, and workforce training.
Quang Phu I.P has an abundant labor force. The team of workers is young, dynamic, and highly skilled. This helps meet the personnel needs of investors.

Notable Projects and Companies

Quang Phu Industrial Park has attracted many notable projects and companies. Sectors such as food processing, textiles, mechanics, and electronics have found a place here. The diversity and scale of Quang Phu I.P have attracted many major names.
Here are some notable projects and companies:

• Panko Vietnam Textile Company Ltd. – one of the leading textile suppliers in Vietnam.
• Formosa Ha Tinh Co., Ltd. – a major steel producer with an output of millions of tons per year.
• Hoa Phat Dung Quat Steel Company Ltd. – a reputable steel manufacturer associated with the Hoa Phat brand.
• Southeast Electronic Industry Company Ltd. – specializing in manufacturing electronic components and industrial equipment.
• Cao Nguyen Xanh Food Company Ltd. – a supplier of high-quality food products.

Leading these projects and companies shows that Quang Phu I.P has great potential. It also demonstrates its reputation and attractiveness to investors.
Quang Phu I.P has become an ideal “land” for leading enterprises in key industries, providing significant opportunities for outstanding development.

Conclusion

Quang Phu Industrial Park in Quang Ngai Province is attracting many investors. Its geographical location, infrastructure, and human resources are all very favorable. This gives this industrial park many advantages.
The investment incentive policies also make this industrial park more attractive. The favorable business environment and support for businesses help attract many new projects.
Quang Phu I.P has substantial development potential. It will continue to be an ideal destination for investors, helping to drive the industrialization and modernization of Quang Ngai Province.

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• Quang Phu Industrial Park In Quang Ngai Province
• Tinh Phong Industrial Park In Quang Ngai Province
• VSIP Quang Ngai Industrial Park – Urban and Service In Quang Ngai

FAQ – Quang Phu Industrial Park

Where is Quang Phu Industrial Park located?
Quang Phu Industrial Park is built in Quang Phu Ward, Quang Ngai City, Quang Ngai Province.

What is the geographical location of Quang Phu I.P?
Quang Phu I.P is located in Quang Phu Ward, Quang Ngai City, Quang Ngai Province. This location provides logistical advantages and connections to major economic centers.

When was Quang Phu I.P established?
Quang Phu I.P was established in 2001, aiming to become a key industrial center in Quang Ngai Province.

What is the scale and potential of Quang Phu Industrial Park?
Quang Phu Industrial Park spans 146.76 hectares, meeting the investment needs of various sectors. It has a rich and highly skilled labor force.

What are the infrastructure and logistics advantages of Quang Phu I.P?
Quang Phu I.P features a modern transportation system, including railways and convenient seaports. It has stable electricity and clean water supplies to meet production needs.

What investment incentives does the Quang Ngai Provincial Government offer for Quang Phu I.P?
The Quang Ngai Provincial Government has numerous incentive policies, including tax breaks, land incentives, infrastructure support, and workforce training. These policies create a favorable investment environment.

What notable projects and companies have been attracted to Quang Phu I.P?
Quang Phu I.P has attracted numerous projects in food processing, textiles, mechanics, and electronics, including Panko Vietnam Textile Company and others.