Tu Ha Industrial Park, Thua Thien Hue Province
Tu Ha Industrial Park is an important industrial park in Thua Thien Hue. It plays a significant role in socio-economic development. With a good location, modern infrastructure, and attractive incentives, this industrial park attracts many enterprises.
Key Points to Note
- Convenient geographic location with good connectivity
- Modern infrastructure that meets the needs of businesses
- Attractive investment incentive policies
- Important contributions to the local economy
- Increasingly attracting domestic and foreign enterprises
Geographic Location of Tu Ha Industrial Park
Tu Ha Industrial Park is located in Tu Ha Ward, Huong Tra Town, Thua Thien Hue Province, approximately 15 km from the center of Hue City. Its geographic location is very favorable, as it is close to major roads such as National Highway 1A, the North-South railway, and Phu Bai Airport.
Expansive Area and Convenient Transportation
Tu Ha I.P is planned on over 100 hectares, providing ample space for enterprises to develop. Its advantageous location enhances the efficiency of logistics and transportation activities.
With its large area and modern transportation infrastructure, Tu Ha I.P is becoming an attractive destination for investors.
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History of Formation and Development of Tu Ha Industrial Park
Tu Ha Industrial Park was established in 2001, initially covering 162 hectares. After many years, the park has undergone significant historical development. It now covers an area of up to 100 hectares, making it one of the largest industrial parks in Central Vietnam.
Tu Ha I.P has gone through several important stages:
- Initial Stage (2001-2005): Basic construction of technical infrastructure and attracting investment.
- Expansion Stage (2006-2010): Increasing the area, upgrading infrastructure, and attracting many investment projects.
- Strong Development Stage (2011-2020): Continuing to develop in scale, infrastructure, and attracting large projects.
- Current Stage (2021-present): Ongoing development and improvement, becoming a leading industrial park in Thua Thien Hue Province.
Thanks to continuous development, Tu Ha I.P is increasingly significant in the local economy, attracting many large investment projects and creating jobs for the community.
Tu Ha I.P has formed and developed impressively. It is a highlight of the industry in Thua Thien Hue Province, promoting economic and social growth.
Planning and Modern Infrastructure
Tu Ha I.P is planned to be a dynamic investment area. The area has received investments to construct synchronous infrastructure, meeting the needs of manufacturing and service enterprises.
Synchronous and Modern Infrastructure
The internal transportation system is extensively planned, facilitating the transportation of goods. Modern systems for electricity, water, and telecommunications have also been invested in, ensuring a stable and adequate supply for businesses.
Tu Ha I.P also provides supporting services such as residential areas, hotels, and shopping centers, creating a modern and convenient living and working environment.
| Utility | Description |
| Transportation System | Wide internal roads, facilitating transportation |
| Electricity, Water, Telecommunications | Modern systems providing stable and sufficient supply |
| Supporting Services | Residential areas, hotels, shopping centers |
Tu Ha I.P is planned and developed with a long-term vision, ensuring the provision of synchronous and modern infrastructure, thus attracting businesses to invest and operate.
Main Production Sectors at Tu Ha Industrial Park
Tu Ha Industrial Park attracts various production sectors, making it diverse and competitive.
Key Sectors at Tu Ha Industrial Park Include:
- Manufacturing of electronic components
- Automotive production and assembly
- Textile industry
- Electronics manufacturing
- Precision machinery manufacturing
- Industrial plastics manufacturing
The diversity of industries attracts many businesses to Tu Ha Industrial Park.
| Production Sector | Notable Companies |
| Electronic Components Manufacturing | Samsung Electronics, LG Electronics |
| Automotive Production and Assembly | Toyota, Honda, Hyundai |
| Textile Industry | Vinatex, Garment 10, May 10 |
| Precision Machinery Manufacturing | Makino, Tsubaki, NSK |
| Plastics Manufacturing | Dat Plastic, An Phat Plastic, Viet Hung Plastic |
Tu Ha I.P serves as a driving force for the economy of Thua Thien Hue Province, showcasing diversity and a plethora of large enterprises.
Investment Incentives and Support Policies
Tu Ha I.P in Thua Thien Hue Province offers numerous attractive investment and support policies. These policies create a favorable business environment, contributing to the industrial park’s growth as an ideal destination for enterprises.
Investment Incentives
Investors choosing Tu Ha will enjoy many investment incentives, including:
- Exemption or reduction of corporate income tax in the initial years
- Exemption from land rent during the early stages of project implementation
- Support for technical infrastructure and other administrative services
- Facilitation for importing machinery and equipment for production
Consequently, more and more domestic and foreign enterprises are choosing to invest in Tu Ha Industrial Park, promoting regional development.
| Type of Incentive | Details |
| Tax Exemption or Reduction | Exemption or reduction of corporate income tax in the initial years |
| Land Rent Exemption | Exemption from land rent during early project implementation |
| Infrastructure Support | Support for technical infrastructure and other administrative services |
| Machinery Import Facilitation | Facilitation for importing machinery and equipment for production |
With attractive incentives and support policies, Tu Ha I.P increasingly draws numerous investors.
Introduction to Tu Ha Industrial Park, Thua Thien Hue Province
Tu Ha Industrial Park is a highlight of the economic development in Thua Thien Hue. Located in a strategic position, this industrial park attracts many enterprises to invest, helping promote growth and enhance the local profile.
Modern infrastructure and attractive incentive policies make Tu Ha I.P ideal for investors. Its favorable location near major economic centers, combined with political stability and security, enhances its appeal.
Local authorities are working hard to improve the investment environment, support, and facilitate projects in Tu Ha I.P, attracting many enterprises and promoting the socio-economic development of the province.
Tu Ha I.P has great advantages and potential, becoming an attractive investment location contributing to the sustainable development of Thua Thien Hue.
The Role and Importance of Tu Ha Industrial Park
Tu Ha I.P is a crucial part of the socio-economic development of Thua Thien Hue Province. Enterprises here create thousands of jobs, improving residents’ living standards. This industrial park is an important driver of the province’s economic growth.
Significant Contributions to the Local Economy
Businesses at Tu Ha Industrial Park have increased budget revenues for the province, contributing to local economic development. The park not only brings economic benefits but also creates a favorable investment environment, attracting new projects and job opportunities for residents.
| Indicator | Year 2020 | Year 2021 | Year 2022 |
| Number of Enterprises | 78 | 84 | 92 |
| Direct Employment | 12,500 | 14,200 | 15,800 |
| Revenue (million VND) | 6,800,000 | 7,500,000 | 8,200,000 |
| Budget Contribution (million VND) | 380,000 | 420,000 | 460,000 |
Tu Ha I.P has made significant contributions to Thua Thien Hue Province, serving as a key economic driver, promoting socio-economic development locally.
Working Environment and Job Opportunities
At Tu Ha Industrial Park, not only do enterprises benefit from a professional and modern working environment, but thousands of local and regional workers also have job opportunities with attractive salaries and benefits. This is a preferred location for investors to start and grow their businesses, creating numerous jobs and enhancing the income and lives of residents.
The strategic location, modern infrastructure, and investment incentives make Tu Ha I.P an ideal destination. The working environment here meets safety and hygiene standards, providing many job opportunities with competitive wages and appealing benefits.
| Criteria | Tu Ha I.P | Reference |
| Working Environment | Professional, modern, ensuring safety and hygiene | Information on Tu Ha I.P |
| Job Opportunities | Thousands of jobs with attractive wages and benefits | Labor Market Report |
Tu Ha I.P offers an attractive working environment and job opportunities, making it an appealing destination for both investors and workers, domestically and internationally.
Tu Ha I.P is not only a place for starting and growing businesses but also creates many high-quality jobs for local residents. It is indeed a crucial driver of socio-economic development.
Notable Projects at Tu Ha Industrial Park
Tu Ha I.P in Thua Thien Hue Province has attracted many large companies. These significant enterprises have achieved notable success here.
Notable Projects at Tu Ha Industrial Park
Tu Ha Industrial Park has attracted many leading groups and companies, including:
- Panasonic – The world’s leading manufacturer of electronics and home appliances
- Canon – A global leader in cameras and office equipment
- Piaggio – A reputable manufacturer of motorcycles and vehicles
- Sumi Electronic – A leading supplier of electronic components
These companies are effectively producing and operating at Tu Ha I.P, enhancing the profile and prestige of this industrial park.
The presence of such major groups and enterprises is proof of the potential and advantages of Tu Ha I.P, contributing to attracting more investment capital domestically and internationally.
Future Development Prospects
Tu Ha Industrial Park has a strategic location and modern infrastructure, with expectations for strong development in the future. Investment incentives related to taxes, land, and financial support enhance its attractiveness.
In the future, this industrial park is expected to attract many large investment projects, creating job opportunities for local residents while contributing to the socio-economic development of Thua Thien Hue Province.
With advantages in location and infrastructure, along with existing incentive policies, Tu Ha I.P will continue to be an attractive destination for investors, promoting the development of Thua Thien Hue Province.
Other industrial zones
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- Quang Vinh Industrial Park In Thua Thien Hue Province
- Saigon – Chan May Industrial Park and Non-Tariff Zone In Thua Thien Hue Province
- Tu Ha Industrial Park In Thua Thien Hue Province
FAQ
Where is Tu Ha Industrial Park located?
Tu Ha I.P is located in Tu Ha Ward, Huong Tra Town, Thua Thien Hue Province. It is about 15 km from the center of Hue City and close to important transport corridors such as National Highway 1A, the North-South railway, and Phu Bai Airport.
What is the infrastructure like at Tu Ha I.P?
Tu Ha I.P has synchronous and modern infrastructure that meets the needs of businesses. There are modern transportation systems, electricity, water supply, and telecommunications. The area also provides supporting services such as housing, hotels, and shopping centers.
What are the main production sectors at Tu Ha I.P?
Tu Ha I.P attracts many production sectors, such as electronic components, automotive, textiles, and industrial plastics. Electronic products and precision machinery are also manufactured and assembled here.
What investment incentives and support policies are available at Tu Ha I.P?
Tu Ha I.P offers various incentive policies for investors, including exemptions from corporate income tax, reduced taxes, exemptions from land rent, and support for technical infrastructure. Other supporting services are also provided.
What is the role and importance of Tu Ha I.P?
Tu Ha Industrial Park plays an important role in the socio-economic development of Thua Thien Hue Province. It creates thousands of jobs, increases budget revenues, and improves living standards for residents. This industrial park is a crucial driver of the province’s economic growth.
What major projects and companies are operating at Tu Ha Industrial Park?
Tu Ha Industrial Park has attracted many large projects from leading corporations such as Panasonic, Canon, Piaggio, and Sumi Electronic. These enterprises operate efficiently, enhancing Tu Ha’s status on the investment map.