Dong Xoai 1 Industrial Park in Binh Phuoc Province

Dong Xoai 1 Industrial Park is an important production and investment center in Binh Phuoc. It was established in the early 2000s and has attracted many investors from both domestic and foreign markets. This industrial park owes its appeal to its strategic location, modern infrastructure, and attractive incentive policies.

Key Points to Note:

Dong Xoai 1 Industrial Park is a significant production and investment center in Binh Phuoc.

Established in the early 2000s, it features a strategic location and modern infrastructure.

It offers attractive incentive policies to attract investment.

It has become an appealing destination for investors both locally and internationally.

It plays a crucial role in the economic development of Binh Phuoc Province.

Geographical Location of Dong Xoai 1 Industrial Park

Dong Xoai 1 Industrial Park is situated right in the center of Dong Xoai City, which is a key economic highlight of Binh Phuoc Province. This location offers numerous advantages for businesses looking to invest and operate.

Convenient Transportation Connections

Dong Xoai 1 I.P is close to important transportation routes such as National Highway 14, National Highway 13, and the North-South Railway. This proximity facilitates easy transportation of goods.

Transportation Route	Connections
National Highway 14	Connects Dong Xoai with the Central Highlands and Southeast region
National Highway 13	Connects Dong Xoai with Ho Chi Minh City and neighboring provinces
North-South Railway	Connects Dong Xoai with regions nationwide

Due to the convenient transportation network, businesses at Dong Xoai 1 I.P can easily connect and expand their operations, enabling them to transport goods to both domestic and international markets.

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History of Formation and Development

Dong Xoai 1 Industrial Park, a significant industrial center in Binh Phuoc Province, has a notable development history. This industrial park was established in 2003 and has since attracted numerous enterprises, both domestic and foreign.

Over time, Dong Xoai 1 I.P has experienced robust growth. Its history reflects a trajectory of development, with incentive policies and support helping to attract many businesses.

Year	Number of Enterprises	Total Investment (billion VND)
2003	15	850
2010	45	2,500
2020	75	5,000

Dong Xoai 1 I.P has continuously improved its infrastructure, creating a favorable investment environment. It continues to be a key highlight in the development of Binh Phuoc Province.

Dong Xoai 1 I.P has become one of the most attractive destinations for investors, thanks to its incentives, support, and favorable geographical location.

Scale and Infrastructure

Dong Xoai 1 Industrial Park has significant scale and infrastructure. It covers an area of approximately 350 hectares, with modern transportation and drainage systems that meet business needs.

Land Area

Dong Xoai 1 I.P spans about 350 hectares, making it one of the largest industrial parks in Binh Phuoc Province. This area provides ample space for investors to conduct their production and business activities.

Transportation and Drainage Systems

The industrial park has modern transportation and drainage systems, ensuring convenient connections to economic centers and providing utilities for production. Businesses can focus on developing their operations without concerns about infrastructure.

Amenities	Description
Transportation Roads	Internal road system connecting to main routes
Electricity Supply	National grid ensuring stable electricity supply
Water Supply	Clean water supply network meeting all usage needs
Wastewater Treatment	Centralized wastewater treatment system meeting environmental standards

With its scale and modern infrastructure, Dong Xoai 1 I.P is an ideal destination for investors looking to expand their production and business activities in Binh Phuoc.

Main Production Sectors

Dong Xoai 1 I.P is a multi-industry production and processing center. It attracts numerous businesses in the food processing and consumer goods sectors. Key products include frozen food, beverages, textiles, leather shoes, and consumer electronics.

Food Processing Industry

The food processing industry is a significant sector at Dong Xoai I. Businesses here produce frozen foods, beverages, and nutritional products, supplying both domestic and international markets.

Consumer Goods Production

Dong Xoai 1 I.P also attracts many businesses in the consumer goods production sector, with main products including textiles, leather shoes, and consumer electronics. This contributes to increased value-added production and creates jobs for the workforce.

Production Sector	Key Products
Food Processing Industry	Frozen food, beverages, nutritional products
Consumer Goods Production	Textiles, leather shoes, consumer electronics

Dong Xoai 1 I.P diversifies and specializes, making it an attractive investment destination and contributing to the socio-economic development of Binh Phuoc Province.

Dong Xoai 1 I.P serves as a vital economic hub for Binh Phuoc Province. Located in Dong Xoai City, this industrial park attracts both domestic and foreign investors, owing to its favorable location, modern infrastructure, and incentive policies.

This industrial park spans over 300 hectares and boasts an excellent transportation system, connecting to key routes. This makes it easy for businesses to access both domestic and international markets.

Dong Xoai 1 I.P is emerging as a bright spot in Binh Phuoc for attracting investments and promoting industrial development.

Incentives and Investment Support Policies

The authorities of Binh Phuoc Province and the management board of Dong Xoai 1 Industrial Park are working diligently to attract more investors by offering various incentives and support policies.

Tax and Fee Exemptions

Investors in Dong Xoai I will benefit from several incentives, including income tax exemptions for the first 2-4 years and a 50% reduction in taxes for the subsequent 4-9 years. They will also receive 100% exemption on land rent for the first 11-15 years, depending on the scale and area of investment. Additionally, they can receive 50% support for infrastructure construction costs within the industrial park.

Support for Land and Infrastructure

Local authorities are implementing numerous support policies to facilitate investors, making it easier for them to execute their projects. The region provides ready-to-use land with complete technical infrastructure. They also expedite procedures related to land transfer and leasing.

Simultaneously, they assist investors in building and upgrading infrastructure, supporting production activities.

With these attractive incentives and support policies, Dong Xoai I is becoming an ideal destination for many investors looking to expand their production and business activities.

Business and Investment Environment

Dong Xoai 1 I.P is located in a key economic area of Binh Phuoc Province, featuring an appealing business and investment environment. Modern and synchronized infrastructure, along with favorable investment policies and simplified administrative procedures, create conducive conditions for businesses.

Favorable geography, modern technical infrastructure, attractive tax policies, land availability, and supporting services enhance the attractiveness of Dong Xoai 1 I.P.

Thus, Dong Xoai 1 I.P is becoming an appealing destination for investors in Binh Phuoc, contributing to the socio-economic development of the local area.

Future Development Potential

Dong Xoai 1 I.P’s strategic location connects it to major transportation routes, enhancing production efficiency and productivity. This opens up significant development potential and investment attraction opportunities for the future.

Expansion and Investment Attraction Plans

Local authorities are developing plans to expand and attract more domestic and foreign investors. This will enhance production capacity and create many new job opportunities while promoting regional development.

Economic and Employment Prospects

This is why the economic outlook for Dong Xoai 1 I.P is very promising. Investors will have the chance to access potential markets, while thousands of local workers will gain new job opportunities.

We believe that with its existing advantages, Dong Xoai 1 Industrial Park will continue to assert its role as an attractive destination for both domestic and foreign investors in the near future.

Challenges and Solutions

Dong Xoai 1 Industrial Park faces several challenges, including land demand, infrastructure improvements, and attracting high-quality labor. Local authorities and the management board are seeking solutions to these challenges.

First, they are working to expand the land bank to meet the needs of businesses looking to expand. They are also upgrading infrastructure to create a better business environment for investors.

Training programs are being implemented to equip local labor with skills that meet business requirements. Dong Xoai 1 I.P hopes to overcome these challenges, develop, and attract more investors.

Other Industrial Parks

FAQ

Where is Dong Xoai 1 Industrial Park located?

Dong Xoai 1 I.P is situated in Dong Xoai City, Binh Phuoc Province. This area is close to important transportation routes such as National Highway 14, National Highway 13, and the North-South Railway, facilitating convenient production, business, and transportation activities.

When was Dong Xoai 1 I.P established?

Dong Xoai 1 I.P was established in 2003, with the goal of becoming an important industrial center in Binh Phuoc Province. Over time, this industrial park has attracted many businesses, contributing to the region’s economic development.

What is the scale and infrastructure of Dong Xoai 1 I.P like?

Dong Xoai 1 I.P spans approximately 350 hectares and features modern transportation, drainage, and utility systems to support production needs. This makes it one of the largest industrial parks with some of the best infrastructure in Binh Phuoc Province.

What are the main production sectors in Dong Xoai 1 I.P?

Dong Xoai 1 I.P attracts many businesses across various sectors, prominently including food processing and consumer goods production. Key products include frozen food, beverages, textiles, leather shoes, and consumer electronics.

What incentives and investment support policies does Dong Xoai 1 I.P offer?

Dong Xoai 1 I.P and the Binh Phuoc authorities have implemented numerous incentives and support policies, including tax exemptions and fee reductions, land and infrastructure support, with the aim of attracting domestic and foreign investors.

What is the development potential of Dong Xoai 1 I.P in the future?

With its excellent location and infrastructure, Dong Xoai 1 Industrial Park is expanding and attracting investors, which will create numerous economic opportunities and new jobs, contributing to the sustainable development of the region.