Tien Son Industrial Park in Bac Ninh Province
Tien Son Industrial Park is an important industrial zone in Bac Ninh Province, Vietnam. It was established to attract industrial and high-tech enterprises, which helps boost the socio-economic development of the province. This industrial park has a strategic location, modern infrastructure, and attractive investment policies, creating favorable conditions for business development.
Key Highlights
- Tien Son Industrial Park – a driving force for Bac Ninh’s economic development
- Strategic location with convenient transportation and logistics connections
- Modern infrastructure and attractive investment environment
- Attracting industrial and high-tech enterprises
- Significant contribution to the socio-economic development of the province
Overview of Tien Son Industrial Park in Bac Ninh Province
Tien Son Industrial Park is located in Từ Sơn District, Bac Ninh Province. It was established in 1997. This industrial park attracts many industrial and high-tech manufacturing enterprises, contributing to Bac Ninh’s economic development. Tien Son I.P has a large area and modern infrastructure, drawing numerous businesses in electronics, high technology, textiles, and leather and footwear. These industries create attraction and added value for the region.
Tien Son I.P is one of the attractive destinations for investors, thanks to its favorable geographical location, modern infrastructure, and appealing incentives from local authorities. The industrial park is built to environmental standards, ensuring that enterprises operate legally and protect the environment. With this advantage, Tien Son I.P has become an ideal destination for investors.
Geographical Location of Tien Son Industrial Park
Tien Son Industrial Park is a leading industrial park in Bac Ninh Province with a very favorable geographical location. It is close to major transportation routes such as National Highway 1A, National Highway 18, and the Hanoi – Lạng Sơn railway. Therefore, Tien Son I.P has become an ideal destination for businesses that want to transport goods easily to domestic and international markets.
Convenient Transportation and Logistics
Tien Son I.P is near Nội Bài International Airport, Hải Phòng Port, and Quảng Ninh Port. This facilitates logistics activities. The diverse and modern transportation system provides a competitive advantage for businesses.
Utility | Distance |
Nội Bài International Airport | 30 km |
Hải Phòng Port | 100 km |
Quảng Ninh Port | 150 km |
National Highway 1A | Adjacent |
National Highway 18 | Adjacent |
Hanoi – Lạng Sơn Railway | Nearby |
The convenient location of Tien Son Industrial Park is one of the important factors attracting many large enterprises to invest and develop production here.
History of Formation and Development
Tien Son Industrial Park was established in 1997, covering an area of 335 hectares. The initial goal was to attract industrial and high-tech enterprises to invest and produce here. Over the years, Tien Son I.P has developed robustly, becoming an attractive destination for investors. Hundreds of enterprises from various sectors have chosen Tien Son I.P for their operations.
The development of Tien Son I.P has significantly contributed to the socio-economic development of Bac Ninh Province, creating many job opportunities and improving the living standards of the people. Tien Son I.P has become one of the key drivers of development in Bac Ninh in recent years. With its proud history and development, Tien Son I.P continues to assert its role as a key industrial center of Bac Ninh Province.
Main Industries in Tien Son Industrial Park
Tien Son I.P, located in Bac Ninh Province, attracts many industrial enterprises. Notably, the fields of electronics, high technology, textiles, and leather and footwear are thriving. Many large corporations both domestically and internationally have chosen Tien Son for investment and development.
Electronics and High Technology Production
Tien Son I.P attracts many leading electronics and high technology corporations. Factories producing components, electronic devices, and advanced technology have been established, creating a vibrant electronics industrial cluster.
Textiles and Leather and Footwear Industry
Tien Son I.P also attracts many enterprises in the textiles and leather and footwear sectors. Factories producing garments, shoes, and industrial leather have been built with modern technology to meet the increasing demands of both domestic and international markets.
Tien Son is one of the industrial parks concentrated with many leading enterprises in electronics, high technology, textiles, and leather and footwear in Vietnam.
Modern Infrastructure of Tien Son Industrial Park
Tien Son Industrial Park in Bac Ninh Province is built with modern infrastructure. This meets the maximum production needs of enterprises. The transportation, electricity, water, telecommunications, and other utility systems are built in a synchronized manner, all meeting high standards, helping businesses operate effectively. This also enhances production productivity and helps enterprises compete better in the market.
Some other modern utilities at Tien Son I.P include:
- National standard wastewater treatment system
- Fuel and gas supply systems meeting production needs
- Business support service center and housing area for workers
- Modern information and communication technology infrastructure
With its synchronized and modern infrastructure, Tien Son I.P attracts many large enterprises. The favorable business environment is a condition for them to invest in production.
Investment Environment and Incentive Policies
Tien Son Industrial Park in Bac Ninh Province attracts many investors by offering numerous incentive policies. This helps attract both domestic and foreign enterprises.
Investment Attraction Policies
The Bac Ninh provincial government and management board have created a system of attractive incentive policies, including:
- Corporate income tax exemptions/reductions of up to 50% for the first 15 years
- Support for land rental, infrastructure development, and other services
- Creating favorable legal and administrative conditions for enterprises to easily carry out investment procedures
Therefore, many large corporations have chosen Tien Son I.P for their investments. Tien Son I.P is an ideal destination for investors with attractive incentives and a professional investment environment.
Future Development Potential
Tien Son Industrial Park is strategically located and has modern infrastructure and attractive incentive policies. Therefore, this area is expected to develop strongly in the future. It will attract many enterprises wanting to invest in potential fields, which will help drive the future development of Tien Son and Bac Ninh Province.
Tien Son I.P has advantages in location and infrastructure, which will attract many businesses in industries such as electronics, high technology, textiles, and leather and footwear. The presence of large corporations will promote the socio-economic development of the region while creating many job opportunities for local people.
With many available advantages, Tien Son promises to become a bright spot on the industrial map of Vietnam. This area will contribute to the socio-economic advancement of Bac Ninh Province in the future.
Some Large Enterprises Operating at Tien Son I.P
Tien Son I.P has attracted many large enterprises both domestically and internationally. Corporations such as Samsung Electronics, Canon, Foxconn, Sumitomo Electric, and Panasonic have chosen this place for their operations. This has enhanced the prestige and development momentum for this industrial park.
The favorable geographical location, modern infrastructure, and incentive policies have drawn large industrial groups to Tien Son. These corporations have chosen this location for their manufacturing and business activities, promoting enterprise development in the region. These giants not only create jobs and attract investors but also enhance technological capacity, product quality, and management standards at Tien Son. This creates a vibrant and potential business environment for enterprises here.
With the presence of top corporations, Tien Son has become one of the leading industrial parks in Vietnam, attracting many investors and creating job opportunities for local workers.
Conclusion
Tien Son Industrial Park in Bac Ninh Province has become a modern industrial center. Its favorable location, advanced infrastructure, and incentive policies have attracted many enterprises, driving the socio-economic development of the province.
Tien Son I.P possesses numerous strengths and potentials. Major companies like Samsung, Canon, and Foxconn have made significant contributions to the development of this area. Tien Son I.P has confirmed its position as a key industrial hub of Bac Ninh Province. With the achievements made, this industrial park will continue to attract investors and remain an attractive destination in the future.
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- Tien Son Industrial Park In Bac Ninh Province
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- Yen Phong 1 Industrial Park In Bac Ninh Province
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FAQ
Where is Tien Son Industrial Park located?
Tien Son I.P is located in Tien Son Commune, Từ Sơn District, Bac Ninh Province.
When was Tien Son I.P established?
Tien Son I.P was established in 1997.
What is the geographical location of Tien Son I.P like?
Tien Son I.P is close to major transportation routes such as National Highway 1A, National Highway 18, and the Hanoi – Lạng Sơn railway. It is also near Nội Bài Airport, Hải Phòng Port, and Quảng Ninh Port, facilitating logistics.
What are the main industries in Tien Son I.P?
Tien Son I.P attracts many enterprises operating in industries such as electronics, high technology, textiles, and leather and footwear.
What is the infrastructure like in Tien Son I.P?
Tien Son I.P has a modern infrastructure system that meets the production needs of enterprises, including high-standard transportation, electricity, water, telecommunications, and other utilities.
What incentive policies does Tien Son I.P offer to attract investment?
Tien Son I.P has many attractive incentive policies that meet the needs of enterprises, including tax exemptions/reductions, support for production land, infrastructure, and other services.
What large enterprises are operating in Tien Son I.P?
Tien Son Industrial Park has attracted many large enterprises, such as Samsung Electronics, Canon, Foxconn, Sumitomo Electric, Panasonic, and many others.