Diem Tieu Industrial Cluster in Binh Dinh Province
The Diem Tieu Industrial Cluster is located in Binh Dinh Province. Its location is near the North-South Expressway and Phù Cát Airport. This area attracts many projects from both domestic and foreign investors. The infrastructure here is modern and synchronous. Attractive incentive policies are also applied. This helps the Diem Tieu I.C develop the socio-economic landscape of the province.
Key Points to Remember:
- The Diem Tieu Industrial Cluster is located in Binh Dinh Province, strategically adjacent to the North-South Expressway and Phù Cát Airport.
- The area attracts many investment projects in industry, tourism, and services from domestic and foreign investors.
- It has modern and synchronous infrastructure, along with attractive incentive policies.
- It contributes to promoting the socio-economic development of Binh Dinh Province.
- It has great potential for attracting new investment projects.
Geographic Location of the Diem Tieu Industrial Cluster
The Diem Tieu Industrial Cluster is situated in Phù Mỹ Town, Phù Mỹ District, Binh Dinh Province, adjacent to National Highway 1A. It has a strategic location, favorable for transportation and infrastructure.
Transportation and Infrastructure Advantages
This industrial cluster is close to the North-South Expressway and Phù Cát Airport. This facilitates the transportation of goods and logistics. The area has a system of roads, electricity, water, wastewater treatment, and other utilities.
Distance to Major Cities
The Diem Tieu I.C is about 25 km from Quy Nhơn City. It is also near major cities like Đà Nẵng and Ho Chi Minh City. This location helps connect with economic and commercial centers, facilitating production and trade. The strategic location and synchronous infrastructure of the Diem Tieu I.C are key factors in attracting investment and promoting the development of businesses.
History of Formation and Development
The Diem Tieu Industrial Cluster was established in 2009. It developed from Diem Tieu Industrial Zone 1. The main goal is to attract large industrial and service investment projects. This helps promote the socio-economic development of Binh Dinh Province. After more than 10 years of operation, the Diem Tieu I.C has attracted many investors, thanks to the favorable geographic location and infrastructure of the area. The Diem Tieu I.C plays an important role in attracting investment and driving the economic development of Binh Dinh Province. The process of forming and developing the Diem Tieu I.C has gone through many stages, from determining location, planning, infrastructure investment to attracting investors. This process creates an attractive investment and business environment, promoting the Diem Tieu I.C. Local government investment incentive policies are also crucial. They create favorable conditions for investors and promote regional development.
Industrial Zones within the Cluster
The Diem Tieu I.C has a total area of over 43.4 hectares. It has attracted many investors from both domestic and foreign sources.
Diem Tieu Industrial Zone 1
Diem Tieu Industrial Zone 1 was established in 2009, covering an area of 302 hectares. This zone has attracted many projects in processing industries, mechanics, and various other sectors. This demonstrates that this industrial zone has affirmed its position.
Diem Tieu Industrial Zone 2
Diem Tieu Industrial Zone 2 was established later, covering an area of 620 hectares. This zone focuses on clean and high-tech industries. This enhances the image of the Diem Tieu I.C among investors. The Diem Tieu I.C is an attractive destination in Binh Dinh Province, attracting many investors.
Potential and Priority Sectors for Investment Attraction
The Diem Tieu I.C, Binh Dinh Province, has a strategic location and good infrastructure. This creates conditions for attracting many investment projects. Sectors such as processing, mechanics, electronics, textiles, leather and footwear, and high technology are prioritized. Binh Dinh Province has chosen the Diem Tieu I.C as a focal point for development. The goal is to promote the local socio-economic landscape.
Priority Sector | Potential |
Processing Industry | Tax and infrastructure incentives, access to abundant raw materials |
Mechanics | High demand from other manufacturing industries |
Electronics | Advantages in telecommunications infrastructure and human resources |
Textiles, Leather and Footwear | Abundant labor supply and competitive production costs |
High Technology | Special incentives from the government |
The Diem Tieu Industrial Cluster has advantages in location, infrastructure, and policies. This makes it an attractive destination for both domestic and foreign investors. The Diem Tieu I.C is considered a key industrial center in Binh Dinh Province, with priority sectors such as processing, mechanics, electronics, and high technology. Here, the investment and business environment is favorable. Investors will enjoy incentives regarding taxes, land, and infrastructure.
Introduction to the Diem Tieu Industrial Cluster in Binh Dinh Province
The Diem Tieu I.C is located in the central region of Vietnam. It is a bright spot in industrial investment. The area of the cluster is 922 hectares, divided into two zones: Diem Tieu 1 and Diem Tieu 2. The location, infrastructure, and incentive policies have attracted many investors. The Diem Tieu I.C not only develops the socio-economic landscape. The business environment here is dynamic and full of potential.
Some Highlights:
- Total area of 922 hectares, including Diem Tieu 1 Industrial Zone and Diem Tieu 2 Industrial Zone
- Strategic geographical location, modern infrastructure
- Attractive incentive policies to attract investment
- Contributes to promoting the socio-economic development of Binh Dinh Province
The Diem Tieu I.C is affirming its position. It brings opportunities for investors. The Binh Dinh market is opening up many new opportunities.
Investment Incentive Policies
Binh Dinh Province and the Diem Tieu Industrial Cluster are applying many incentive policies. They aim to attract investors. Incentives include exemption or reduction of corporate income tax and import tax. They also support the construction of technical infrastructure.
Tax and Fee Incentives
Enterprises investing in the Diem Tieu I.C enjoy many incentives. They are exempt from corporate income tax for the first 2-4 years. After that, they receive a 50% reduction in corporate income tax for the following 4-6 years. At the same time, they benefit from import tax exemptions. Machinery, equipment, and raw materials are exempt from tax. They also receive reduced land use fees and rental fees during the initial period.
Land and Infrastructure Incentives
In addition to tax and fee incentives, investors also benefit from land and site incentives. They are prioritized for land allocation and leasing. The lease duration is also carefully considered. They are also supported in building technical infrastructure. Other supporting services such as legal consulting, administrative procedures, and production linkage are provided. With attractive incentive policies, the Diem Tieu I.C is attracting many investors, both domestic and foreign. The investment incentive policies at the Diem Tieu I.C are truly a significant competitive advantage. They help attract quality and highly effective investment projects.
Investment and Business Environment
The Diem Tieu Industrial Cluster is built to high standards of infrastructure, services, and environment. This creates a favorable investment and business environment for investors. The area has modern transportation, electricity, water supply, and wastewater treatment systems. Other amenities such as housing, services, healthcare, and education meet the operational needs of businesses well. An important highlight of the Diem Tieu I.C is the emphasis on environmental protection. Companies here benefit from incentives for waste treatment and contribute to environmental protection. This lays the foundation for the sustainable development of the community. With modern infrastructure and amenities, the Diem Tieu I.C is becoming an attractive destination for investors seeking an optimal business environment. The Diem Tieu I.C is also highly regarded by experts for its development potential, strategic location, and investment incentive policies from Binh Dinh Province. These factors contribute to creating a favorable investment and business environment for enterprises.
With outstanding advantages in infrastructure, amenities, and incentive policies, the Diem Tieu I.C is becoming an attractive investment destination. This contributes to promoting the socio-economic development of Binh Dinh Province.
Notable Projects Implemented or Underway
The Diem Tieu I.C has attracted many investment projects. These projects help develop the socio-economic landscape of Binh Dinh Province. The projects include: • Goertek’s electronic component manufacturing plant
• Pouchen Vietnam’s garment factory
• Samsung Electronics Vietnam Co., Ltd.’s high-tech industrial zone
These projects create job opportunities and local economic growth.
Project | Company | Sector |
Electronic component manufacturing plant | Goertek | Technology |
Garment factory | Pouchen Vietnam | Textiles |
High-tech industrial zone | Samsung Electronics Vietnam Co., Ltd. | High Technology |
These projects have generated many new jobs and promoted socio-economic development. The Diem Tieu I.C has attracted numerous investment projects, driving the socio-economic development of Binh Dinh Province.
Conclusion
The Diem Tieu Industrial Cluster is strategically located and has modern infrastructure. It also has attractive incentive policies. This makes it an appealing destination for investors, both domestic and foreign. This location is driving the development of industry, services, and logistics in Binh Dinh Province. This creates new momentum for the local socio-economic growth. The favorable geographic location and transportation, along with the incentive policies, make the Diem Tieu I.C stand out. Investors can find promising investment opportunities here. With its advantages and achievements, the Diem Tieu I.C will continue to develop. It will become an ideal destination for investors and will contribute to promoting the socio-economic development of Binh Dinh Province.
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FAQ
What is the geographic location of the Diem Tieu Industrial Cluster?
The Diem Tieu I.C is located in Phù Mỹ Town, Phù Mỹ District, Binh Dinh Province, adjacent to National Highway 1A. It is close to the North-South Expressway and Phù Cát Airport. This creates transportation advantages.
What are the transportation and infrastructure advantages of the Diem Tieu I.C?
This area has a system of roads, electricity, water, and wastewater treatment. These amenities support production and business activities.
What is the distance from the Diem Tieu I.C to major cities?
The industrial cluster is 25 km from Quy Nhơn City. It is also near major cities like Đà Nẵng and Ho Chi Minh City.
What is the history of the formation and development of the Diem Tieu I.C?
The Diem Tieu Industrial Zone was established in 2009. It developed from Diem Tieu Industrial Zone 1. The goal is to attract large industrial and service investments to promote the socio-economic development of Binh Dinh Province.
What are the industrial zones within the Diem Tieu I.C?
The Diem Tieu I.C has two main zones: Diem Tieu 1 and Diem Tieu 2.
What is the potential and priority sectors for attracting investment in the Diem Tieu I.C?
The strategic location and synchronous infrastructure help the Diem Tieu I.C attract investment, particularly in processing, mechanics, electronics, textiles, leather and footwear, and high technology.
What are the investment incentive policies in the Diem Tieu I.C?
Binh Dinh Province and the Diem Tieu I.C apply many incentive policies, such as exemptions and reductions in corporate income tax, import tax, land use fees, support for infrastructure construction, and prioritization of land allocation and leasing, as well as other supporting services.
What is the investment and business environment in the Diem Tieu I.C?
The Diem Tieu I.C has high-quality infrastructure, services, and environment. This creates a favorable investment and business environment for enterprises.
What are the notable projects implemented or underway in the Diem Tieu Industrial Cluster?
The industrial cluster has attracted many projects, such as Goertek’s electronic component manufacturing plant, Pouchen Vietnam’s garment factory, and Samsung Vietnam’s high-tech industrial zone.