Thach Dong Industrial Cluster in Ha Tinh Province

Thach Dong Industrial Cluster in Ha Tinh Province is an attractive destination for investors. With a favorable geographical location, complete infrastructure, and a transparent investment environment, this article will introduce Thach Dong I.C, covering its history, main production sectors, potential, and investment opportunities.

Key Points to Know About Thach Dong Industrial Cluster in Ha Tinh Province

Thach Dong Industrial Cluster is strategically located near major economic centers.

The infrastructure and investment environment are rated as quite good, attracting many enterprises.

Main production sectors include mechanics, agricultural processing, and construction materials.

It has contributed to job creation and increased income for local residents.

There is still great potential and advantages for future development.

Overview of Thach Dong Industrial Cluster

Thach Dong Industrial Cluster is an important production area in Ha Tinh Province. It is located in Thach Dong Commune, Thach Ha District. This industrial cluster was established in 2004 and has developed through various stages.

Geographical Location of the Industrial Cluster

Thach Dong I.C has a favorable location, situated between National Route 1A and the North-South Railway. This facilitates transport and logistics, supporting production and business activities.

Geographical location of Ha Tinh

History of Formation and Development

Thach Dong Industrial Cluster was established in 2004. It has developed significantly and become important in Ha Tinh’s industrial economy. Supportive policies from local authorities have attracted many businesses to this area.

Indicator	Result
Total area	186 ha
Occupancy rate	90%
Number of operational enterprises	65
Number of workers	12,000

Thach Dong I.C has become a highlight in the industrial development of Ha Tinh Province, contributing to the socio-economic growth of the locality.

Main Production Sectors in Thach Dong Industrial Cluster

Thach Dong Industrial Cluster is significant for the development of production sectors. The main sectors include:

Manufacturing mechanical products
Assembling automobiles and spare parts
Agricultural processing
Production of construction materials
Garment and leather products

Enterprises in Thach Dong I.C vary in scale, from small to large companies. They not only attract local labor but also produce valuable industrial products, thus aiding local economic development.

Production Sector	Characteristics
Manufacturing mechanical products	Medium and small enterprises supplying components for other industries.
Assembling automobiles and spare parts	Involvement of major automobile corporations, contributing to product diversification.
Agricultural processing	Utilizing local agricultural raw materials to create high-quality processed products.
Production of construction materials	Meeting the demand for construction materials for local development projects.
Garment and leather products	Utilizing abundant labor resources, contributing to local employment.

The diversity of production sectors in Thach Dong I.C creates added value for the local economy while enhancing the competitiveness of the industrial products produced here.

Contribution of the Industrial Cluster to the Local Economy

Thach Dong I.C plays a crucial role in promoting the socio-economic development of Ha Tinh Province. The production activities here have generated thousands of jobs for local residents, contributing to the improvement of their livelihoods and incomes.

Job Creation for Local Residents

Thach Dong I.C is one of the bright spots in job creation for local residents. The businesses operating here have generated thousands of job opportunities, meeting the labor demand in the region.

To date, Thach Dong I.C has attracted over 6,000 workers employed in factories and production workshops.
Jobs in the industrial cluster not only provide stable income for residents but also contribute to improving their quality of life.

Contribution to the State Budget

In addition to creating numerous job opportunities, businesses in Thach Dong I.C also contribute significantly to the state budget through taxes and fees.

Indicator	Year 2020	Year 2021	Year 2022
Contribution to the state budget	120 billion VND	150 billion VND	180 billion VND

These contributions create significant revenue for local authorities, helping to promote other socio-economic development activities in Ha Tinh Province.

Thach Dong I.C is a vital driver of the socio-economic development of Ha Tinh Province.

Infrastructure and Investment Environment

Thach Dong Industrial Cluster has invested in building a technical infrastructure system. Businesses can easily access and utilize services such as electricity, water, transportation, and telecommunications effectively. This facilitates their operations.

Local authorities are striving to create a transparent investment environment. They have implemented supportive policies for businesses, making Thach Dong I.C more attractive to investors.

With its complete infrastructure and transparent business environment, Thach Dong I.C is becoming an attractive destination for investors.

With advantages in infrastructure and the investment environment, Thach Dong I.C is asserting its position as an ideal location for businesses to invest and develop production.

Future Development Plans for the Industrial Cluster

Ha Tinh Province’s authorities aim to transform Thach Dong I.C into an important industrial production center. They are implementing various development plans, with key priorities including:

Continuing to improve technical infrastructure and utilities serving production in the industrial cluster.
Attracting more investment projects in processing, mechanics, and support industries.
Enhancing the quality of human resources through training and retraining programs.

With these efforts, Thach Dong I.C is expected to become a highlight in the industrial development plans of Ha Tinh Province.

Objective	Main Activities
Infrastructure improvement	Invest in upgrading transportation, electricity, water, and waste treatment systems.
Attracting investment	Implement land, tax, and infrastructure incentives for businesses.
Enhancing human resources	Collaborate with vocational training schools and organize specialized training courses.

We believe that with continuous efforts, Thach Dong I.C will become one of the exemplary industrial production centers in Ha Tinh Province in the near future.

Challenges and Difficulties in Developing the Industrial Cluster

Thach Dong Industrial Cluster has achieved many accomplishments, but it still faces significant challenges and difficulties. Two important issues are infrastructure and human resources.

Infrastructure Challenges

Transportation in the area needs improvement to meet the demands of businesses. The electricity, water, and other utility systems also require enhancement for efficient production.

Human Resource Challenges

Attracting and training high-quality human resources is a challenge. The demand for skills and experience is increasingly high. Investors and authorities need to put in more effort.

The challenges related to infrastructure and human resources are the biggest barriers to the development of Thach Dong I.C. To overcome these challenges, close coordination is required. Government agencies, investors, and the community need to work together. Only then can Thach Dong I.C develop and contribute to the local economy.

Support Policies from Local Authorities

Ha Tinh Province’s government is implementing various support policies aimed at promoting the development of Thach Dong Industrial Cluster. These policies include tax incentives, access to land, infrastructure support, human resource training, and one-stop administrative services.

The local government aims to create a transparent investment environment and attract more industrial projects to this area. The incentive policies help businesses operate and develop better in Thach Dong I.C.

The support policies have had positive effects, contributing to economic growth and improving residents’ livelihoods. Ha Tinh Province’s government is committed to continuing to support Thach Dong I.C for even stronger development.

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FAQ

What is the geographical location of Thach Dong Industrial Cluster?
Thach Dong I.C is located in Thach Dong Commune, Thach Ha District, Ha Tinh Province. It is near National Route 1A and the North-South Railway, providing it with transport and logistics advantages.

What is the history of formation and development of Thach Dong I.C?
Thach Dong I.C was established in 2004. Since then, it has developed significantly and is now an important industrial area in Ha Tinh Province.

What are the main production sectors in Thach Dong I.C?
The main sectors include mechanics, automobile assembly, agricultural processing, construction materials, garments, and leather.

How does Thach Dong I.C contribute to the local economy?
Production here creates many jobs, improving livelihoods and incomes. Businesses also contribute to the state budget through taxes and fees.

What is the infrastructure and investment environment like in Thach Dong I.C?
The industrial cluster has invested in technical infrastructure and utilities. Local authorities create a transparent investment environment with supportive policies.

What are the potential advantages of Thach Dong Industrial Cluster?
It has a strategic location, convenient transportation connections, modern infrastructure, and a transparent business environment with incentive policies to attract businesses.

What challenges and difficulties does Thach Dong Industrial Cluster face in its development?
Challenges include upgrading transportation, improving electricity and water services, and attracting high-quality human resources.

What support policies are local authorities implementing to develop Thach Dong Industrial Cluster?
Support policies include tax incentives, land access, infrastructure support, human resource training, and one-stop administrative services, creating a transparent investment environment.