Ding Huong Tay Bac Ga Industrial Park in Thanh Hoa Province

The Ding Huong Tay Bac Ga Industrial Park is an important industrial hub in Northern Vietnam. Located in Thanh Hoa Province, this industrial park attracts numerous businesses from both domestic and international markets thanks to its strategic location, modern infrastructure, and favorable policies. The Ding Huong Tay Bac Ga I.P is rapidly developing and asserts its significant role in the economy of Thanh Hoa Province and the North Central region.

Key Points to Remember

The Ding Huong Tay Bac Ga Industrial Park is a major industrial hub in Northern Vietnam.

The park attracts numerous businesses, both domestic and international.

Its strategic location, modern infrastructure, and favorable policies are key advantages.

The industrial park contributes to the economic development of Thanh Hoa Province and the North Central region.

Strong development potential in the future.

Geographical Location of the Ding Huong Tay Bac Ga Industrial Park

The Ding Huong Tay Bac Ga Industrial Park is located in Dong Tho Ward, Thanh Hoa City, Thanh Hoa Province. This location is highly favorable for industrial development. The industrial park is 20 km away from Thanh Hoa City, 150 km from Hanoi, and 1,300 km from Ho Chi Minh City. As such, the park is well connected to the transportation system of Ding Huong Industrial Park.

Distance to Major Cities

The Ding Huong Tay Bac Ga I.P is located at the following distances from major cities:

Thanh Hoa City: 20 km
Hanoi: 150 km
Ho Chi Minh City: 1,300 km

Road and Railway Transport

The Ding Huong Tay Bac Ga I.P is connected by a modern road and rail transport system, making it convenient for the transportation of goods.

Transport Type	Connection
Road	Connected to national highways such as NH1A, NH15, NH217
Rail	Connected to Tay Bac station, Sapa station, and Thanh Hoa station

The prime geographical location and multi-modal transport connections are significant advantages for the Ding Huong Tay Bac Ga I.P, facilitating business activities and development.

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History and Development of the Industrial Park

The Ding Huong Tay Bac Ga Industrial Park was established in 2007. It has grown significantly and has become a modern and clean industrial center in Northern Vietnam. In the early years, the park attracted many investment projects, with both domestic and international businesses recognizing its potential. The park’s development has been supported by favorable policies and modern infrastructure.

The Ding Huong Tay Bac Ga I.P has become a shining example in the industrial development history of Thanh Hoa Province. Today, the park diversifies into industries such as electronics, mechanical engineering, and food processing. With continued support from local authorities, the park is expected to keep growing.

Modern Infrastructure at the Industrial Park

The Ding Huong Tay Bac Ga I.P is equipped with modern infrastructure that meets the operational needs of businesses. A comprehensive transportation system and a stable power and water supply are crucial factors that create a favorable and efficient business environment.

Integrated Transportation System

The Ding Huong Tay Bac Ga I.P is connected to a multi-modal transport system, which includes:

Roads: Located right next to National Highway 1A, offering easy access to major cities like Hanoi, Vinh, and Da Nang.
Rail: Thanh Hoa Railway Station is only 3 km away, facilitating convenient goods transport.
Sea: About 30 km from the industrial park is Nghi Son Port, one of the largest seaports in Central Vietnam.

Stable Power and Water Supply

The Ding Huong Tay Bac Ga I.P is assured of a stable power supply from the national grid, along with a modern wastewater treatment system. Businesses here can be confident in the infrastructure and focus on their production and business activities.

With its modern and integrated infrastructure, the Ding Huong Tay Bac Ga I.P is an ideal destination for businesses wishing to expand production and operations.

Investment Incentives and Support Policies

The Ding Huong Tay Bac Ga I.P in Thanh Hoa provides many investment incentives and attractive business support policies. These policies create a favorable investment environment, attracting both domestic and international businesses to invest and grow in the park.

Some of the prominent incentives and support policies include:

Exemption and reduction of corporate income taxes for long periods.
Support for technical and social infrastructure.
Policies for training and developing high-quality human resources.
Business support services, consulting, and market introductions.

Incentive Type	Description
Tax exemptions/reductions	Corporate income tax exemption/reduction for up to 10 years
Infrastructure support	Assistance in building technical and social infrastructure
Workforce training	High-quality workforce training and development programs
Business support services	Consulting services, market introductions, and other support

With these favorable policies and active support, the Ding Huong Tay Bac Ga I.P is becoming a highly attractive investment destination, attracting many domestic and international businesses.

Introduction to the Ding Huong Tay Bac Ga Industrial Park in Thanh Hoa Province

The Ding Huong Tay Bac Ga Industrial Park is located in the heart of Northern Vietnam, making it an attractive destination for businesses wanting to invest and develop. Covering an area of 176.03 ha, this industrial park offers a unique geographical location and modern infrastructure.

Scale and Main Industries

The industrial park focuses on key industries such as automotive manufacturing, mechanical engineering, electronics, textiles, leather and footwear, and information technology. Supporting industries such as parts and components supply are also developing.

Future Development Potential

The favorable location, modern infrastructure, and supportive policies have created excellent conditions for the Ding Huong Tay Bac Ga I.P to grow. This area is expected to become a modern and clean industrial center, with strong development potential attracting investors.

Businesses Operating in the Industrial Park

Large companies have chosen the Ding Huong Tay Bac Ga I.P as their investment destination. Notable names include Thaco Automotive, Samsung Electronics Vietnam, LG Electronics Vietnam, and Viet Tien Garment. These companies have found the park an ideal place to expand their production and business operations.

These companies have not only enhanced their reputation but also created many job opportunities and boosted the local economy. They continue to invest and expand, bringing high business efficiency.

Company Name	Business Sector	Operational Scale
Thaco Automotive	Automotive Production	Assembly and manufacturing of cars and car parts
Samsung Electronics Vietnam	Electronics	Production of electronic components and products
LG Electronics Vietnam	Electronics	Production of televisions, washing machines, and air conditioners
Viet Tien Garment Company Ltd.	Garments	Garment manufacturing and export

These large companies not only produce high-quality products but also drive the development of the Ding Huong Industrial Park. Their presence demonstrates the park’s standing and potential for growth in the future.

Business Environment and Living Conditions in the Area

The Ding Huong Tay Bac Ga Industrial Park is a favorable business environment that attracts talent from neighboring provinces. The modern social infrastructure supports the workforce.

Labor Force

The industrial park is located in the North Central region, with workers coming from Thanh Hoa, Nghe An, and Ha Tinh. They receive specialized training to meet the needs of businesses.

Social Infrastructure and Amenities

The area offers housing, schools, hospitals, and shopping centers, creating a good living and working environment. This contributes to the attraction of businesses.

Infrastructure Type	Scale	Status
Housing	Thousands of apartments	Completed, ready to meet demand
Schools	From preschool to university	Built and operational
Healthcare Facilities	Hospitals and clinics	High quality and convenient
Shopping Centers	Many large centers	Fully operational, attracts customers

The Ding Huong Tay Bac Ga I.P has abundant labor resources and modern social infrastructure. It provides a great living and business environment for businesses and workers alike.

Management and Operations of the Industrial Park

The Ding Huong Tay Bac Ga Industrial Park is managed by the Ding Huong Industrial Park Management Board. They oversee operations and support businesses, ensuring efficient functioning of the park.

The main responsibilities of the management board include providing modern infrastructure, supporting business development, and creating favorable conditions for enterprises.

Management, operation, and maintenance of the industrial park’s infrastructure.
Providing support services such as workforce training, logistics, and legal consulting.
Promoting investment and assisting businesses in project implementation.
Managing and supervising compliance with regulations and laws by businesses.

The management team continuously strives to make the Ding Huong Industrial Park more attractive to both domestic and international investors.

Projects and Future Development Plans

The Ding Huong Tay Bac Ga I.P is currently developing promising projects. The management board is planning to expand the park and upgrade infrastructure to attract more investment projects.

One important project is the development of residential areas, shopping centers, and public service facilities. This will improve the living and business environment, enhancing the quality of life for workers and companies.

Development Project	Description
Expansion of the industrial park	Increasing land area to attract new investment projects
Infrastructure upgrades	Improving transportation, electricity, water, and other utilities
Construction of residential areas and shopping centers	Creating a better living and working environment for workers and businesses

With these development projects and future plans, the Ding Huong Tay Bac Ga I.P will become even more attractive, drawing more investors from both domestic and international markets.

Conclusion

The Ding Huong Tay Bac Ga Industrial Park in Thanh Hoa is attracting many businesses. Its strategic location, modern infrastructure, and abundant labor force are key strengths. The park’s favorable policies also make it an attractive destination for investors.

Businesses here have seen good results, contributing to the socio-economic development of Thanh Hoa. The industrial park also plans to enhance infrastructure and services.

In conclusion, the Ding Huong Tay Bac Ga I.P is a highly attractive destination that will continue to draw more businesses in the future.

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FAQ

Where is the Ding Huong Tay Bac Ga Industrial Park located?

The Ding Huong Tay Bac Ga I.P is located in Dong Tho Ward, Thanh Hoa City, Thanh Hoa Province.

What facilities and infrastructure does the park offer?

The Ding Huong Tay Bac Ga I.P is built with modern infrastructure, including a comprehensive transport system, stable electricity and water supply, housing, schools, healthcare facilities, and shopping centers for workers.

What incentives does the park offer to investors?

The Ding Huong Tay Bac Ga I.P offers many incentives, including tax exemptions, infrastructure support, workforce training, and business support services, creating a favorable investment environment that attracts both domestic and international businesses.

What are the main industries in the park?

The main industries at the Ding Huong Tay Bac Ga I.P include automotive manufacturing, mechanical engineering, electronics, textiles, leather and footwear, and information technology. Supporting industries are also developing.

What major businesses are operating in the park?

Large businesses operating in the Ding Huong Tay Bac Ga I.P include Thaco Automotive, Samsung Electronics Vietnam, LG Electronics Vietnam, and Viet Tien Garment, among others.

What are the future development plans for the park?

The Ding Huong Tay Bac Ga Industrial Park plans to expand its area and upgrade infrastructure to attract more investment projects. Key projects include the construction of residential areas, shopping centers, and public service facilities to improve the living and business environment.