Cau Quan Industrial Park, Tra Vinh Province

Key Highlights:

• Favorable geographical location with well-developed transportation infrastructure.
• Modern infrastructure and large-scale facilities to meet production demands.
• Priority development for various industries and sectors.
• Attractive investment incentives, including tax exemptions and training support.
• Significant growth potential and a favorable business environment.

Geographical Location of Cau Quan Industrial Park

Cau Quan Industrial Park is situated in Cầu Ngang district, Tra Vinh province, part of the Mekong Delta, a vital economic region. The park’s location offers several advantages in terms of transportation and connections to major economic hubs.

Transportation Advantages

Cau Quan I.P is close to National Route 54, a crucial road that links the Mekong Delta to other provinces. It is also near the Trung Lương – Mỹ Thuận Expressway, which strengthens Tra Vinh’s transportation network and facilitates the movement of goods.

Distance from Major Cities

Cau Quan I.P is approximately 180 km from Ho Chi Minh City, 80 km from Cần Thơ City, and 160 km from Cà Mau. This proximity enhances the connectivity within the Mekong Delta region and boosts economic development, trade, and exchange activities.

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Scale and Infrastructure of the Industrial Park

Cau Quan Industrial Park spans 335 hectares, with 270 hectares designated for industrial use. The park features a comprehensive and modern infrastructure system.

This includes:

• Spacious and convenient road systems.
• Stable electricity and water supply.
• High-speed telecommunications and internet systems.
• Amenities such as administrative areas, service centers, canteens, and accommodation for workers.

These infrastructure and facilities provide an ideal business and working environment, enabling companies investing in Cau Quan I.P to thrive.

The synchronized infrastructure and full amenities are standout features of Cau Quan I.P, creating favorable conditions for businesses to operate and grow.

Key Industries and Sectors of Operation

Cau Quan I.P in Tra Vinh is a hub for important industrial sectors. The park highlights the following key industries:

• Textile and garment production, footwear manufacturing.
• Electronics and information technology production.
• Mechanical engineering and machinery manufacturing.
• Other supporting industries.

Industrial Production

The manufacturing plants in Cau Quan play a crucial role in the industrial development of Tra Vinh, contributing significant added value to the province. Key industries in Tra Vinh’s industrial production include:

1. Textiles and garments
2. Footwear
3. Electronics
4. Mechanical engineering

Support Services

In addition to manufacturing, Cau Quan Industrial Park also attracts a wide range of support services, such as:

• Warehousing and logistics
• Financial consulting and banking services
• Other auxiliary services

These services enhance the operational efficiency of manufacturing businesses within Cau Quan I.P.

Investment Incentive Policies

The Tra Vinh provincial government has implemented numerous incentive policies to attract businesses. These incentives include tax exemptions and reductions, as well as workforce training support.

Tax Exemptions and Reductions

Companies investing in Cau Quan I.P benefit from corporate income tax and import tax incentives. Specifically:

• Exemption from corporate income tax for the first 4 years.
• A 50% reduction in corporate income tax for the following 9 years.
• Exemption from import duties on machinery, equipment, and raw materials for production.

Workforce Training Support

The Tra Vinh government has launched programs to support workforce training for businesses. These supports include:

1. Vocational training and skill enhancement for workers.
2. Financial support for training from the provincial budget.
3. Assistance in finding and recruiting high-quality human resources.

With these incentives, Cau Quan I.P becomes an attractive destination for investors, thereby boosting the industrial development of Tra Vinh province.

Introduction to Cau Quan Industrial Park, Tra Vinh Province

Cau Quan Industrial Park, located in Tra Vinh province, serves as a key hub for industry and investment. It benefits from modern infrastructure and favorable incentive policies, attracting both domestic and foreign investors.

The businesses operating in Cau Quan I.P have experienced robust growth, contributing to the economic development of Tra Vinh. Many leading companies have chosen this industrial park to expand their operations.

Cau Quan I.P holds great potential for development and is an attractive destination for investors. Its favorable business environment and supportive policies provide the conditions for companies to thrive.

Cau Quan I.P is an ideal destination for investors, helping businesses grow sustainably while providing economic benefits to Tra Vinh province.

As a standout development in Tra Vinh, Cau Quan I.P boasts exceptional advantages in terms of location, infrastructure, and incentive policies. It is a place where businesses can flourish and generate added value for the local economy.

Future Development Potential

Cau Quan Industrial Park benefits from a favorable geographical location, a well-developed transportation network, and modern infrastructure. Therefore, it is expected to experience significant growth in the future. The Tra Vinh provincial government is planning to expand the industrial park’s area to 500 hectares to meet the increasing demands of investors.

The industrial park is attracting investment projects in high-tech sectors, renewable energy, and emerging industries. This trend represents new investment opportunities in Tra Vinh, offering substantial growth potential for the region.

Plans for Industrial Park Expansion

The Tra Vinh government is preparing to expand the area of Cau Quan I.P by 120 hectares. The aim is to attract more investors and meet the growing demand for industrial production in the local area.

New Investment Trends in Key Sectors

Cau Quan I.P is also focusing on attracting investment projects in high-tech industries, renewable energy, and emerging sectors. This direction aligns with current industrial development trends in Tra Vinh.

Cau Quan I.P is expected to continue growing rapidly in the near future, thanks to its existing advantages and supportive policies from the local government.

Favorable Business Environment

Cau Quan Industrial Park, located in Tra Vinh province, provides an excellent environment for businesses. The local government supports companies from the registration process to handling administrative procedures efficiently.

Business Support Policies in Tra Vinh

The Tra Vinh government offers numerous incentives for businesses, including tax exemptions and reductions, as well as workforce training support.

Abundant Workforce in Tra Vinh

Tra Vinh boasts a plentiful workforce with low labor costs. This advantage helps businesses in the area increase productivity and improve competitiveness.

Cau Quan I.P creates a highly favorable business environment with its supportive policies and abundant workforce, ready to meet the needs of companies operating in the region.

Key Projects and Factories

Cau Quan I.P has attracted numerous projects from large corporations, contributing significantly to job creation and the socio-economic development of Tra Vinh province. Some of the most notable projects in the industrial park include:

• Việt Tiến Garment Company – A leading garment export factory in Vietnam.
• Vietnam Textile and Dyeing Company – A modern textile and dyeing plant.
• Gia Lai Furniture Manufacturing Company – A factory producing export furniture.
• Korean Electronics Component Company – A factory producing electronic components.

These factories have created many new jobs, drawing on the abundant local labor force and stimulating the socio-economic growth of Tra Vinh province.

These key projects in Cau Quan I.P have contributed to the industrialization and modernization of Tra Vinh, creating numerous jobs and enhancing local economic development.

Conclusion

Cau Quan Industrial Park in Tra Vinh province is attracting many investors due to its strategic location, modern infrastructure, and favorable incentive policies. These factors create abundant business opportunities and contribute to the economic development of Tra Vinh province.

With convenient transportation, a plentiful workforce, and attractive business support policies, Cau Quan I.P will continue to draw significant investment projects. It is poised to become a key production and investment hub in the Mekong Delta region.

In summary, Cau Quan I.P is a prime destination for investors, offering numerous investment opportunities and driving the socio-economic development of Tra Vinh province.

Other industrial zones

• Cau Quan Industrial Park In Tra Vinh Province
• Co Chien Industrial Park In Tra Vinh Province
• Long Duc Industrial Park In Tra Vinh Province
• Ngu Lac Industrial Park In Tra Vinh Province

FAQ

Where is Cau Quan Industrial Park located?

Cau Quan I.P is situated in Cầu Ngang district, Tra Vinh province, in the Mekong Delta region.

What are the transportation advantages of Cau Quan I.P?

Cau Quan I.P enjoys a convenient transportation network. It is connected to major routes such as National Route 54, and is close to the Trung Lương – Mỹ Thuận Expressway and Cần Thơ International Airport. Its proximity to major economic centers like Ho Chi Minh City, Cần Thơ, and Cà Mau facilitates easy transport of goods and trade.

What is the scale and infrastructure of Cau Quan I.P?

Cau Quan I.P covers a total area of 120 hectares, with 270 hectares of industrial land. It boasts well-planned infrastructure, including roads, electricity, water, and telecommunications systems. The park also features administrative areas, service centers, canteens, and accommodations for workers.

What are the key industries and sectors operating in Cau Quan I.P?

The industrial park focuses on major industries such as textile and garment manufacturing, footwear, electronics, mechanical engineering, and supporting industries. It also attracts support services like warehousing, logistics, consulting, and financial services.

What are the investment incentives at Cau Quan Industrial Park?

The Tra Vinh government offers various incentives for businesses investing in Cau Quan Industrial Park, including corporate income tax and import tax exemptions, as well as support for land and infrastructure services. Local authorities also assist businesses with workforce training and development of high-quality human resources.

What is the future development potential of Cau Quan I.P?

With its existing advantages, Cau Quan I.P is expected to continue growing in the future. The Tra Vinh government plans to expand the industrial park by 120 hectares, focusing on attracting investment in high-tech sectors, renewable energy, and emerging industries.

What is the business environment like at Cau Quan I.P?

Cau Quan I.P offers a highly favorable business environment. The local government actively supports companies, from the investment registration process to resolving administrative procedures and facilitating production and product distribution. Additionally, Tra Vinh has an abundant workforce with competitive labor costs, meeting the needs of businesses.

What are some notable projects and factories at Cau Quan I.P?

Cau Quan Industrial Park has attracted numerous key projects, including investments from major corporations such as Việt Tiến Garment Company, Vietnam Textile and Dyeing Company, Gia Lai Furniture Manufacturing Company, and a Korean Electronics Component Company. These projects cover various sectors, from industrial production to logistics services.