De Duc Industrial Cluster in Binh Dinh Province

The De Duc Industrial Cluster is the center of industrial development in Binh Dinh Province. It has a strategic location and modern infrastructure. Along with investment incentives, this cluster attracts many businesses to invest. This is due to its proximity to important transportation routes, which helps boost the socio-economic development of the locality.

Key Highlights of the De Duc Industrial Cluster

Strategic location near important transportation routes

Modern, synchronous infrastructure

Attractive investment incentive policies

Favorable business environment

Attracts many domestic and foreign enterprises

Geographic Location of the De Duc Industrial Cluster

The De Duc Industrial Cluster is located in De Duc 1 Village, Hoài Tân Commune, Hoài Nhơn District, a coastal province in Central Vietnam. This location provides many advantages for businesses.

Proximity to Important Transportation Routes

The De Duc I.C is close to important transportation routes, such as National Highway 1A, the North-South railway, and Quy Nhơn international seaport. This increases connectivity and convenience for transporting raw materials and goods.

Transportation Route	Distance
National Highway 1A	3 km
North-South Railway	5 km
Quy Nhơn International Seaport	10 km

With its favorable geographic location, businesses can easily access both domestic and international markets. This enhances competitiveness and promotes the development of the industrial cluster. The geographic location of the De Duc I.C is a significant advantage, contributing to attracting both domestic and foreign investors to this area.

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History of Formation and Development

The De Duc Industrial Cluster was established in 2010. The aim was to promote the industrial development of Binh Dinh Province. Over its history of formation and development, this industrial cluster has expanded and improved its infrastructure, attracting many domestic and foreign enterprises.

The workforce at the De Duc I.C continually strives to make it an attractive destination for industrial investors. The structure and functions of the industrial cluster are increasingly refined, creating a favorable investment environment for businesses. The De Duc I.C is one of the important drivers of industrial development in Binh Dinh Province.

In the future, the De Duc I.C will expand and upgrade its infrastructure, attracting more businesses to invest. This will create new momentum for the socio-economic development of the locality.

Industrial Zones within the De Duc Cluster

The De Duc I.C has two main zones: De Duc 1 and De Duc 2. They provide modern production facilities and utilities. Many businesses have invested and developed here.

De Duc 1 Industrial Zone

The De Duc 1 Industrial Zone was established in 2010, covering an area of 300 hectares. It attracts many enterprises in sectors such as mechanics, electronics, textiles, and agricultural processing. The businesses operate at high capacity, creating jobs and boosting the local economy.

De Duc 2 Industrial Zone

The De Duc 2 Industrial Zone was established afterward, covering an area of 400 hectares. It attracts enterprises involved in processing, manufacturing electronic components, and supporting industries. The development of this industrial zone has enhanced production capacity and created jobs for the local population.

Industrial Zone	Area (ha)	Year Established	Main Industries
De Duc 1	300	2010	Mechanics, electronics, textiles, agricultural processing
De Duc 2	400	After 2010	Processing, manufacturing electronic components, supporting industries

The development of the De Duc industrial zones has contributed to significant economic growth in Binh Dinh Province, attracting many interested investors and expanding various industrial production fields.

Infrastructure and Utilities

The De Duc I.C is built with modern infrastructure and utilities, meeting the production needs of enterprises. The area has a developed road and railway transport system, connecting to important transportation routes.

Road and Railway Transport System

The De Duc I.C is near major roads such as National Highway 1A, National Highway 19, and the North-South railway. This facilitates quick and cost-effective transportation of goods.

Electricity, Water Supply, and Wastewater Treatment

This industrial cluster has modern electricity supply, water supply, and wastewater treatment systems. These utilities create a favorable environment for investment and business.

The De Duc I.C is built with optimal utilities, meeting all operational needs of enterprises.

Investment Environment and Incentives

The De Duc Industrial Cluster in Binh Dinh Province has a favorable geographic location and provides an attractive investment environment for investors. Enterprises enjoy numerous incentive policies, facilitating business operations.

Investment Incentive Policies

Investing in the De Duc I.C offers many benefits. Investors can enjoy:

Exemption or reduction of corporate income tax for the first few years
Land support, such as preferential leasing of production land
Subsidies for essential infrastructure construction
Simplified and expedited administrative services

Favorable Business Environment

The De Duc I.C also creates a favorable business environment. Local authorities support businesses in all aspects, assisting in resolving administrative procedures and providing technical infrastructure services.

At De Duc, enterprises not only benefit from attractive incentive policies but also receive proactive support from local authorities, creating a very favorable business environment.

Active Enterprises

The De Duc I.C has attracted many active enterprises, both domestically and internationally. Major names like Samsung Electronics Vietnam Co., Ltd., Hưng Yên Garment Co., Ltd., and Trường Hải Auto Manufacturing Co., Ltd. (THACO) have contributed to the region’s development. They have enhanced the status of the De Duc I.C.

Within the De Duc Industrial Cluster, there are various industries such as electronics, textiles, and automotive. These large corporations not only create jobs but also promote industrialization and modernization, helping the De Duc I.C develop strongly.

The attraction of large enterprises has helped the De Duc I.C affirm its position as one of the appealing investment destinations in Binh Dinh Province.

The De Duc I.C has advantages in infrastructure, incentive policies, and a favorable business environment, attracting many operational enterprises that help boost the socio-economic development of Binh Dinh Province.

Future Development Potential

The De Duc I.C in Binh Dinh Province has great potential for future development. The local government is planning expansions to attract more new projects.

In the prioritized industry orientation, the De Duc I.C will focus on:

Processing and manufacturing industries
High technology
Renewable energy

These industries will be the driving force for sustainable development of the De Duc I.C.

The Role of the Industrial Cluster in the Local Economy

The De Duc Industrial Cluster is crucial for the socio-economic development of Binh Dinh Province. The enterprises here create many jobs, attracting high-quality labor, increasing GDP, and boosting local revenue.

The industrial cluster also promotes the development of other economic sectors. It improves the living standards of the people. Enterprises not only achieve profits but also create job opportunities and stable income for workers.

The role of the industrial cluster in the local economy is significant. It is a driver of economic growth, job creation, and improved living standards, contributing to the overall development of Binh Dinh Province.

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FAQ

Where is the De Duc Industrial Cluster located?
The De Duc I.C is located in De Duc 1 Village, Hoài Tân Commune, Hoài Nhơn District, Binh Dinh Province. It is close to important transportation routes such as National Highway 1A, the North-South railway, and Quy Nhơn international seaport.

What is the history of the De Duc I.C?
The De Duc I.C was established in 2010 with the aim of promoting the industrial development of Binh Dinh. Over the years, it has expanded and improved its infrastructure, attracting many businesses to invest.

What industrial zones are in the De Duc Cluster?
The De Duc I.C has two main zones: De Duc 1 Industrial Zone and De Duc 2 Industrial Zone.

What is the infrastructure and utilities like in the De Duc I.C?
The De Duc I.C has modern infrastructure, including road and railway systems, electricity, water supply, and wastewater treatment, meeting the production needs of businesses.

What is the investment environment and incentives like at the De Duc I.C?

The De Duc I.C offers an attractive investment environment, including incentive policies such as tax exemptions, land support, and infrastructure assistance. The business environment is favorable.

What enterprises are currently operating in the De Duc I.C?
Many domestic and foreign enterprises operate in the De Duc I.C, such as Samsung Electronics Vietnam Co., Ltd., Hưng Yên Garment Co., Ltd., and Trường Hải Auto Manufacturing Co., Ltd. (THACO).

What is the development potential and orientation of the De Duc I.C in the future?
The De Duc I.C has significant development potential. The local government is planning expansions, focusing on prioritized industries such as processing, manufacturing, high technology, and renewable energy.

What is the role of the De Duc I.C in the local economy?
The De Duc Industrial Cluster is vital for the socio-economic development of Binh Dinh. Its activities create jobs, increase GDP, and boost local revenue while promoting economic growth and improving living standards for the community.