Hoa Khanh Industrial Park, Da Nang City

Hoa Khanh Industrial Park is a significant hub in Da Nang, Vietnam. Strategically located, it offers numerous advantages. The industrial park features modern infrastructure, attractive incentive policies, and a favorable business environment. These factors promote industrial growth and attract investments, making it a strong asset in the region.

Key Points to Note

Convenient geographical location with a well-connected transportation system

Modern infrastructure meeting business needs

Attractive investment incentives creating an optimal business environment

Focus on processing and manufacturing industries

Plays a vital role in the local economic development

Geographical Location of Hoa Khanh Industrial Park

Hoa Khanh Industrial Park is strategically located in the northwest, considered the “heart” of Da Nang City. This advantageous position helps businesses gain a competitive edge. The industrial park is connected to major transportation routes, facilitating production and business activities.

Area and Convenient Transportation Links

Hoa Khanh I.P is about 10 km from Da Nang’s city center. It is surrounded by a developed transportation network, including:

The Da Nang-Quang Ngai Expressway, enabling fast travel to southern provinces
The North-South Railway, expanding connection possibilities with domestic and international rail systems
Tiên Sa Seaport and Da Nang International Airport, enhancing access to raw materials and markets

Thus, Hoa Khanh I.P is an ideal location for businesses, helping them invest, expand production, and operate effectively.

Vị Trí Địa Lý Đà Nẵng

History and Development of the Industrial Park

Hoa Khanh Industrial Park has been a bright spot in Da Nang since its establishment in 1997. Since then, it has gone through several important phases.

During its development, Hoa Khanh I.P has attracted many businesses, both domestic and international. The park benefits from its strategic location and modern infrastructure.

Over more than 20 years, Hoa Khanh I.P has contributed significantly to Da Nang’s economic growth, providing jobs and income for many people.

Hoa Khanh I.P is one of Da Nang’s key development drivers, promoting industrialization, modernization, and economic restructuring in the city. With its achievements and potential, the industrial park continues to affirm its importance as a key industrial area in Da Nang.

Modern Infrastructure and Facilities

Hoa Khanh I.P boasts a comprehensive infrastructure system that meets the needs of businesses. It stands out with a high-quality transportation infrastructure, ensuring smooth connectivity.

Integrated Transportation System

The wide road network connects different areas within Hoa Khanh I.P seamlessly. The internal transportation system is designed logically, ensuring fast and safe traffic flow.

Hoa Khanh I.P’s proximity to major roads ensures easy access to surrounding areas, facilitating business operations.

Stable Energy Supply

Hoa Khanh I.P is equipped with a modern energy system. The stable power supply ensures uninterrupted and efficient operations.

The park also features clean energy sources, including solar and other renewable energy, promoting green usage and environmental protection.

With its transportation infrastructure and stable power supply, businesses in Hoa Khanh I.P can focus on production and business activities efficiently.

Introduction to Hoa Khanh Industrial Park, Da Nang City

Scale and Number of Operating Businesses

Hoa Khanh Industrial Park is an important industrial area in Da Nang, covering over 600 hectares, of which 400 hectares are dedicated to industrial land. This space attracts numerous domestic and international businesses.

Currently, Hoa Khanh I.P hosts over 300 businesses from countries like Japan, South Korea, China, and Europe, demonstrating the diversity of its industrial operations.

The scale and number of businesses in Hoa Khanh I.P contribute to Da Nang’s economic growth while creating job opportunities for local residents.

Main Industrial Production Sectors

Hoa Khanh I.P plays a crucial role in Da Nang’s industrial value chain. It focuses on processing and manufacturing industries, which are essential to the city’s economy.

Electronics Component Manufacturing and Mechanical Engineering

Electronics component manufacturing and mechanical engineering are key sectors at Hoa Khanh I.P. These businesses provide high-quality products and services, driving the growth of other industries.

Rubber-Plastics, Garment, and Footwear Manufacturing

The industrial park also hosts businesses in rubber-plastics, garment, and footwear manufacturing. These products serve both domestic and international markets.

The businesses in processing and manufacturing industries play a pivotal role in Hoa Khanh I.P’s growth and contribute to the local economy.

Hoa Khanh I.P’s diverse and specialized industrial sectors affirm its position as a major center for industrial production and processing in Da Nang.

Investment Environment and Incentive Policies

Hoa Khanh Industrial Park offers an attractive investment and business environment, with various tax incentives, land support, and infrastructure aid. The local government consistently works to improve the business climate and simplify administrative procedures to attract and support businesses.

In Hoa Khanh I.P, businesses benefit from numerous incentives, such as:

Corporate income tax exemption for the first 2-4 years
A 50% reduction in corporate income tax for the next 4 years
100% land rental support for the first 7 years
Full and modern technical infrastructure support
Legal and administrative services

Due to its favorable policies and attractive investment environment, Hoa Khanh I.P has successfully drawn many businesses, particularly in processing, manufacturing, and high-tech sectors.

Incentives	Duration
Corporate income tax exemption	First 2-4 years
50% corporate income tax reduction	Next 4 years
100% land rental support	First 7 years

Hoa Khanh I.P has become an appealing destination for businesses, thanks to its incentive policies and favorable investment environment.

Future Development Potential

Hoa Khanh I.P is expected to be a top investment destination in Da Nang. Its strategic location, modern infrastructure, and incentive policies are key factors. The industrial park holds great potential for expansion and attracting more projects.

Expanding Scale and Attracting Investment

Development plans for Hoa Khanh I.P include:

Expanding the industrial area to accommodate more businesses
Improving and upgrading infrastructure to meet the increasing demands of investors
Diversifying production sectors and attracting investments in advanced processing and manufacturing industries
Enhancing incentive policies to continue attracting major investment projects

With its advantages and development plans, Hoa Khanh I.P will continue to attract investors, driving industrial and economic growth in Da Nang.

New Development Projects at the Industrial Park

Hoa Khanh I.P is growing rapidly, with many new projects underway. These projects are improving the quality of life and work while creating investment opportunities for businesses.

Notable projects include the construction of additional housing and utility service areas to meet the needs of workers. Transportation infrastructure and energy supply systems are also being upgraded to facilitate production and business operations.

The new projects not only attract investors but also enhance the quality of life and work environment. This fosters sustainable development in the region.

We are confident that these new projects will bring significant benefits to businesses, workers, and the local community in the near future.

The Role of the Industrial Park in the Local Economy

Hoa Khanh I.P is a vital center for Da Nang’s economy. It not only produces goods but also generates jobs and income for workers, improving livelihoods and promoting community development.

Creating Jobs and Income for Residents

Hoa Khanh I.P creates numerous jobs for local residents. The factories and businesses here provide opportunities ranging from workers to management positions. This helps locals achieve stable incomes and enhances their quality of life.

The industrial park also attracts many businesses, offering investment and development opportunities for local entrepreneurs. This stimulates the economy, creating jobs and boosting incomes for residents.

Hoa Khanh Industrial Park is the heart of Da Nang’s economy, providing thousands of jobs and stable income for the local population.

Conclusion

Hoa Khanh Industrial Park is a key component of Da Nang’s industrial system. It is located near transportation hubs and residential areas, attracting many investors, which has fueled the industrial park’s robust growth.

Its modern infrastructure and attractive investment environment are the park’s main strengths. Local government incentives also support its development, making Hoa Khanh I.P a destination for many businesses.

In the future, Hoa Khanh I.P will become a critical production center in Da Nang, driving local economic growth and creating jobs and higher incomes for residents.

Other Industrial Parks

FAQ

Where is Hoa Khanh Industrial Park located?
Hoa Khanh I.P is located in the northwest of Da Nang. It is connected to major transportation routes such as highways, railways, and seaports.

When was Hoa Khanh I.P established, and how has it developed?
Hoa Khanh I.P was established in 1997. Since then, it has undergone several phases of development and is now one of Da Nang’s key industrial parks, attracting many domestic and international businesses.

What infrastructure and facilities are available at Hoa Khanh I.P?
Hoa Khanh I.P has a modern infrastructure system. The internal transportation network is fully developed, connecting with main roads. The area also has a stable energy supply that meets the production needs of businesses.

What is the scale of Hoa Khanh I.P and the number of operating businesses?
Hoa Khanh I.P covers over 600 hectares, with 400 hectares dedicated to industrial land. Currently, the park attracts more than 300 businesses, providing jobs for thousands of workers.

What are the main production sectors at Hoa Khanh I.P?
The main production sectors at Hoa Khanh I.P include processing and manufacturing industries such as electronics component production, mechanical engineering, rubber-plastics, garments, and footwear.

What investment incentives are available at Hoa Khanh I.P?
Hoa Khanh I.P offers many tax, land, and infrastructure support incentives. The local government improves the business environment and simplifies administrative procedures to attract investment.

What new development plans are there for Hoa Khanh I.P?
Hoa Khanh I.P has great development potential. Several new projects are underway, such as constructing housing, service areas, and upgrading transportation and energy infrastructure.

What role does Hoa Khanh I.P play in the local economy?
Hoa Khanh Industrial Park plays a vital role in Da Nang’s economy, creating thousands of jobs and providing stable income, improving livelihoods, and promoting community development.