Dong Anh Industrial Zone in Hanoi

Dong Anh Industrial Zone is a modern industrial production center in Hanoi. It has a strategic location and advanced infrastructure. Therefore, this industrial zone attracts many investors, both domestic and foreign. The industrial zone plays an important role in the economic development of the capital. It helps create many jobs and economic growth.

Key Highlights

  • Convenient transportation and logistics
  • Modern infrastructure that meets production needs
  • Attractive investment incentives and support for businesses
  • Abundant and high-quality labor force
  • Safe and friendly investment environment

Geographical Location of Dong Anh Industrial Zone

Dong Anh I.Z is located in the northern part of Hanoi. It has a convenient location for transportation and logistics. This area is close to urban areas such as Cau Giay, Tay Ho, and Gia Lam.

Prime Location Favorable for Transportation and Logistics

Dong Anh I.Z is near major roads such as National Highway 3, National Highway 5, Thang Long Avenue, and Hanoi Ring Road 3. This gives businesses a transportation and logistics advantage.

Adjacent to Major Urban Areas of Hanoi

Dong Anh I.Z is also near major urban areas such as Cau Giay, Tay Ho, and Gia Lam. This makes it easier to recruit and serve workers.

Criteria Dong Anh Industrial Zone
Geographical Location Northern Hanoi, adjacent to major urban areas
Transportation Connectivity Close to major traffic routes like National Highway 3, National Highway 5, Thang Long Avenue, and Ring Road 3
Logistics Convenient location, facilitating logistics activities
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History of Formation and Development of the Industrial Zone

Dong Anh Industrial Zone began in the 1990s. Initially, it was small. But over decades, Dong Anh I.Z has grown. Now, it is an important industrial center in Hanoi.

The development of Dong Anh I.Z demonstrates Hanoi’s rapid industrialization. Its good location and infrastructure have attracted many large companies. They invest and expand production here.

The growth of Dong Anh I.Z is a testament to the potential and development vision of the capital, Hanoi. Currently, Dong Anh I.Z is an economic bright spot for Hanoi. It helps develop industry and attract foreign investment.

Modern Infrastructure at Dong Anh Industrial Zone

Dong Anh Industrial Zone is built with modern infrastructure. This meets the production needs of businesses. The infrastructure includes an internal road and railway system. It facilitates convenient connections with major routes and nearby areas.

Road and Rail Transportation System

Dong Anh I.Z has an extensive internal road network. This facilitates the transportation of goods. The industrial zone is also connected to the railway, opening up many opportunities for logistics and long-distance transport.

Supply of Electricity, Water, and Waste Management

The systems for supplying electricity, clean water, and waste management at Dong Anh I.Z are all modernly invested. This ensures stable and efficient production needs. This area creates a safe and sustainable production environment.

Modern infrastructure is a key factor in attracting investment and promoting economic development at Dong Anh I.Z.

Economic Development Potential of the Industrial Zone

Dong Anh I.Z has many advantages. It helps boost the economic development potential of Hanoi. An abundant and quality labor force is a significant advantage. Investors seek areas with good labor sources.

Additionally, the investment environment here is very favorable. There are many attractive incentive policies for businesses. This helps the area attract many investors.

Abundant and Quality Labor Force

Dong Anh I.Z is located near major urban areas. A favorable transportation network helps this area have an abundant and quality labor force. This is an important factor attracting investors.

Favorable Investment Environment

Dong Anh I.Z has a favorable investment environment. Attractive incentive policies for businesses are an advantage. This helps the area develop economically. Dong Anh I.Z is an ideal destination for investors, with attractive incentives and a good business environment.

Key Industries at Dong Anh Industrial Zone

Dong Anh I.Z is an important point in the industrial development of Hanoi. It has a favorable location and modern infrastructure. Therefore, this industrial zone has attracted many businesses in various industrial production fields.

Some key industries at Dong Anh I.Z include:

  • Production of electronic components
  • Mechanical production
  • Chemical production
  • Garment
  • Food processing

These industries are very important in the industrial production value chain of Hanoi. They contribute to creating many high-quality products that meet domestic and export market demands.

Dong Anh I.Z is a testament to the strong development of Hanoi’s industry, significantly contributing to the economic growth of the capital.

Investment Incentive Policies at the Industrial Zone

Local authorities have implemented many incentive policies to attract investment to Dong Anh Industrial Zone. These incentives facilitate businesses. The incentives include:

Tax Incentives and Fee Exemptions

Businesses investing in Dong Anh I.Z will enjoy many tax incentives. These incentives help businesses reduce their tax burdens. Specifically:

  • Exemption from corporate income tax for the first 2-4 years
  • 50% reduction of corporate income tax for the next 4-6 years
  • Exemption from import tax on equipment, machinery, and raw materials for production
  • Exemption/reduction of land rental fees and infrastructure use fees for the first few years

Support for Labor Training

The authorities of Dong Anh I.Z also support businesses in training labor. These support policies help improve workers’ skills. Specifically:

  1. Support for 50% of vocational training costs for newly recruited workers
  2. Organization of specialized skill training courses, foreign language courses, and new technology training
  3. Cooperation with universities and colleges to train high-quality human resources

These attractive incentive policies create a dynamic investment environment at Dong Anh I.Z, attracting more and more businesses to invest here.

Dong Anh I.Z is committed to creating the most favorable conditions for investors, from modern infrastructure to attractive incentive policies.

Incentive Description
Exemption from corporate income tax For the first 2-4 years
50% reduction of corporate income tax For the next 4-6 years
Exemption from import tax On equipment, machinery, and raw materials for production
Exemption/reduction of land rental fees and infrastructure use fees For the first few years
Support for 50% of vocational training costs For newly recruited workers

Some Major Companies Operating Here

Dong Anh Industrial Zone has attracted many large and reputable businesses. Names like Samsung, Canon, Foxconn, and LG have chosen Dong Anh I.Z to expand. They operate in production and business.

The companies here focus on electronics, mechanics, and high technology. Their presence brings value to Dong Anh I.Z. At the same time, they boost Hanoi’s economy.

Company Area of Activity
Samsung Electronics, high technology
Canon Camera and printer manufacturing
Foxconn Electronics, information technology
LG Home electronics, phones

These large corporations create stable jobs for residents. They also develop supply chains and an industrial ecosystem in Dong Anh I.Z.

The Role of the Industrial Zone in the Economic Development of Hanoi

Dong Anh Industrial Zone is an important part of Hanoi’s economic development. It generates significant income and creates jobs for many people. At the same time, this area also promotes the development of other industries.

Large companies here attract significant investment. This increases logistics and trade activities. It also helps develop transportation and urban areas, enhancing the quality of life.

Dong Anh I.Z has good location, infrastructure, and policies. This enables it to make significant contributions to the sustainable economic development of Hanoi in the future.

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Frequently Asked Questions (FAQ)

Where is Dong Anh Industrial Zone located, and what is its position?
Dong Anh I.Z is located in the northern part of Hanoi. It has a convenient transportation and logistics location. It is close to major urban areas such as Cau Giay, Tay Ho, and Gia Lam.

How was Dong Anh I.Z formed and developed?
Dong Anh I.Z was established in the 1990s. Initially, it had a small area. Recently, the industrial zone has expanded and developed strongly.

What is the infrastructure like at Dong Anh I.Z?
Dong Anh I.Z has a modern infrastructure system. It includes internal roads, connections to major roads, and railways. It provides electricity, clean water, and waste management.

What are the economic development potentials of Dong Anh I.Z?
Dong Anh I.Z has many economic potentials. It has an abundant and quality labor force. The investment environment is favorable with attractive policies.

What are the key industries at Dong Anh I.Z?
Dong Anh I.Z attracts many industrial sectors. These include the production of electronic components, mechanics, chemicals, garments, and food. These sectors are important in industrial production.

What investment incentive policies does Dong Anh I.Z offer?
Dong Anh I.Z implements many incentive policies. These include tax incentives, fee exemptions, and support for labor training for businesses.

What major companies have been attracted to Dong Anh Industrial Zone?
Dong Anh Industrial Zone has attracted many large companies such as Samsung, Canon, Foxconn, and LG. They operate in core industrial sectors.

What is the role of Dong Anh Industrial Zone in the economic development of Hanoi?
Dong Anh Industrial Zone is important for Hanoi’s economy. It has dynamic production activities, generates income and jobs, and promotes the development of supporting industries.