Bac O Mon Industrial Zone in Can Tho City
Bac O Mon Industrial Zone is an important industrial center in Can Tho. It plays a key role in the development of local industry and economy. With a strategic location, synchronized infrastructure, and many incentive policies, this industrial zone is attracting numerous businesses.
Key Points to Note
- Strategic location of the Bac O Mon Industrial Zone in Can Tho
- Synchronized infrastructure and many attractive incentive policies
- Important industrial center, promoting local economic development
- An attractive investment destination for both domestic and foreign enterprises
- A key role in industrial and economic development in Can Tho
Geographical Location of the Bac O Mon Industrial Zone
Bac O Mon Industrial Zone is located in Thái Long Ward, Ô Môn District, Can Tho City. This is a strategically important location. This area borders Hậu Giang and Vĩnh Long provinces, facilitating connectivity and logistics.
Bac O Mon I.Z is close to major transport routes, such as the Hau River, the Can Tho – Da Nang expressway, and Can Tho International Airport. This makes it easy for businesses to transport goods to various markets.
Important Strategic Area
The strategic location of The Bac O Mon I.Z offers many advantages. This area is situated in the Southern key economic region, creating favorable conditions for economic, trade, and investment development.
Proximity to Major Transport Routes
The Bac O Mon I.Z is near critical transport routes, including the Hau River, highways, and the international airport. This facilitates the transportation of goods and enhances connectivity.
Utility | Benefit |
Near Hau River | Convenient for transporting goods by water |
Adjacent to Can Tho – Da Nang Highway | Quick connection to other economic centers |
15 km from Can Tho International Airport | Easy access to international markets |
History of Formation and Development
The Bac O Mon Industrial Zone was established in 2007 to create a new impetus for the industrial development of Can Tho. Over the past 15 years, the industrial zone has attracted many businesses, becoming an important industrial center.
The formation of The Bac O Mon I.Z marks a significant milestone. This industrial zone creates a favorable environment for enterprises by providing modern infrastructure and support services, attracting investors.
Throughout its development, the industrial zone has continuously upgraded its infrastructure to meet the growing demands of businesses. It has become an attractive destination for investors, promoting the socio-economic development of Can Tho.
Year | Event |
2007 | The Bac O Mon Industrial Zone was established |
2012 | The industrial zone expanded by an additional 200 hectares |
2018 | Completed technical infrastructure renovation, attracting many businesses to invest |
2022 | The industrial zone reached a 92% occupancy rate |
Through these milestones, The Bac O Mon I.Z has affirmed its important position. It continues to be an attractive destination for investors and contributes to the socio-economic development of the Mekong Delta.
The Bac O Mon I.Z has become a significant driving force for the industrial development of Can Tho, contributing to job creation and investment attraction.
Key Industries in the Industrial Zone
The Bac O Mon I.Z attracts many enterprises operating in sectors such as consumer goods manufacturing and food processing. These industries not only increase production value but also create many jobs.
Consumer Goods Manufacturing
The Bac O Mon I.Z has many enterprises in the textile, leather, and wood processing sectors. Products from here supply the domestic market and can be exported. This helps increase the trade turnover of The Bac O Mon I.Z’s industry.
Food Processing Industry
The food processing industry in Bac O Mon is very important. Enterprises mainly process seafood, fruits, and agricultural products. The high-quality products from the consumer goods manufacturing sector in Bac O Mon have made this area famous.
Industry | Production Proportion | Number of Enterprises | Number of Workers |
Consumer Goods Manufacturing | 45% | 52 | 12,500 |
Food Processing | 35% | 41 | 9,800 |
Infrastructure and Utilities
The Bac O Mon Industrial Zone is invested in systematically and modernly. The technical infrastructure system meets the demands of enterprises. Highlights include a convenient internal transportation system, stable electricity and clean water supply, along with modern wastewater and waste treatment systems.
Synchronized Transportation System
The internal road network of The Bac O Mon I.Z is planned and constructed scientifically. This ensures smooth transport infrastructure. The wide roads connect production and service areas, meeting the rapid and efficient transportation needs of goods and materials.
Electricity, Water Supply, and Waste Treatment
In addition to transport, The Bac O Mon I.Z is equipped with modern technical infrastructure. It has a stable electricity supply, clean water system, and environmental standard wastewater and waste treatment systems. These utilities create an ideal production environment for enterprises in the industrial zone.
Type of Infrastructure | Description |
Transportation System | Extensive internal road network connecting areas |
Electricity Supply | Stable electricity system meeting production needs |
Water Supply | Comprehensive clean water supply system |
Wastewater and Waste Treatment | Environmentally standard treatment system |
With synchronized and modern infrastructure and utilities, The Bac O Mon I.Z creates an ideal production environment, attracting both domestic and international investors.
Incentive Policies and Investment Support
The local government has implemented many incentive policies to attract investors to the Bac O Mon Industrial Zone. These policies help reduce costs for enterprises while creating favorable conditions for their production and business development.
Tax and Tax Exemption Policies
Enterprises investing in The Bac O Mon I.Z will enjoy tax incentives such as:
- Exemption from corporate income tax for the first 2-4 years
- 50% reduction in corporate income tax for the next 4-6 years
- 100% exemption from land use tax for the entire duration of operation
Labor Training Support Policies
The Bac O Mon I.Z also provides labor training support programs for enterprises. This helps them acquire quality human resources. The programs include:
- Free vocational training for local labor
- Organizing skill enhancement training courses for workers
- Supporting a portion of training costs for enterprises
These incentive policies and investment support have attracted many enterprises, particularly in the consumer goods manufacturing and food processing sectors, leading them to invest and develop in The Bac O Mon I.Z.
Role of the Industrial Zone in the Local Economy
The Bac O Mon Industrial Zone is an important part of Can Tho’s development. It creates many jobs for the local population, helping to increase production value and GDP of the city.
The Bac O Mon I.Z also attracts significant foreign investment, which helps develop Can Tho’s economy. The industrial zone positively impacts service sectors such as logistics, telecommunications, and banking.
In recent years, The Bac O Mon I.Z has aided in the economic development of Can Tho. It has also improved incomes and enhanced the quality of life for the local population.
In the future, The Bac O Mon I.Z will continue to be a pillar, helping Can Tho’s economy develop sustainably and comprehensively.
Future Development Prospects
The Bac O Mon I.Z has a strategic location, synchronized infrastructure, and incentive policies. This creates favorable conditions for positive development prospects in the future. This industrial zone will attract many enterprises, especially in the food processing, consumer goods manufacturing, and high-tech sectors.
The development of the industrial zone will drive economic growth, create jobs, and improve the living standards of the people in Can Tho. With its location advantages, transport connectivity, and modern infrastructure, The Bac O Mon I.Z will become a key industrial center of Can Tho and the Mekong Delta.
The Bac O Mon I.Z promises to develop strongly and become an attractive destination for both domestic and international investors in the future.
Conclusion
The Bac O Mon Industrial Zone is an important industrial center in Can Tho. Its strategic location, synchronized infrastructure, and attractive incentive policies have attracted many businesses, helping to promote industrial development and socio-economic growth.
This industrial zone aims to become an attractive investment destination, enhancing Can Tho’s competitiveness. An overview of The Bac O Mon I.Z shows it to be a notable location for investment.
The geographical location, infrastructure, and support policies have created advantages for this industrial zone. The Bac O Mon I.Z promises to continue its development, and evaluations indicate it is an attractive investment destination.
Other Industrial Parks
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- Hung Phu 2A Industrial Park In Can Tho Province
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- O Mon Industrial Park In Can Tho Province
- Phong Dien Industrial Cluster In Can Tho Province
- Thot Not I Industrial Park In Can Tho Province
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- Tra Noc II Industrial Park In Can Tho Province
FAQ
What is the geographical location of the Bac O Mon Industrial Zone?
The Bac O Mon I.Z is located in Thái Long Ward, Ô Môn District, Can Tho City. It borders Hậu Giang and Vĩnh Long provinces. This location is close to major transport routes, facilitating logistics and connections to domestic and international markets.
How did The Bac O Mon I.Z form and develop?
The Bac O Mon I.Z was established in 2007, providing new momentum for Can Tho’s industrial development. Over 15 years, the industrial zone has attracted many businesses, becoming an important industrial center.
What are the main industries in The Bac O Mon I.Z?
The industrial zone attracts sectors such as textiles, leather, and wood processing. The food processing industry is also developing strongly, producing seafood, fruits, and agricultural products. These sectors create job opportunities and increase industrial production value.
What basic infrastructure utilities does The Bac O Mon I.Z have?
The industrial zone is systematically invested in its infrastructure, including road systems, electricity, clean water, and modern wastewater treatment. This meets production needs and facilitates enterprise development.
What incentive and investment support policies does The Bac O Mon I.Z offer?
The industrial zone implements many incentive policies such as tax exemptions and labor training support, helping enterprises reduce costs and facilitating their production and business development.
What is the role of the Bac O Mon Industrial Zone in the local economy?
The industrial zone plays an important role in the industrial and economic development of Can Tho. It creates job opportunities, attracts investment, and increases industrial production value. Its development positively impacts service sectors such as logistics, telecommunications, banking, and housing.
What are the future development prospects of the Bac O Mon Industrial Zone?
With its strategic location, synchronized infrastructure, and incentive policies, the industrial zone has positive development prospects. It will attract many enterprises, especially in food processing, consumer goods manufacturing, and high-tech industries. Its development will drive economic growth, create jobs, and improve the living standards of Can Tho’s residents.