Hung Phu 1 Industrial Zone in Can Tho City

Hung Phu 1 Industrial Zone is a large and modern industrial zone in Can Tho City. It was established in 2004. Hung Phu 1 Industrial Zone has become an important industrial center, attracting investment and creating jobs for local residents.

Highlights

Prime location with convenient transportation

Modern infrastructure that meets production needs

Favorable investment and business environment

Abundant and quality labor force

Economic development potential of the area

Prime Location of Hung Phu 1 Industrial Zone

Hung Phu 1 Industrial Zone is located in Tân Phú Ward, Cái Răng District, Can Tho City. The area is connected by the Trung Lương Expressway, National Highway 91B, and Can Tho International Airport, facilitating easy transportation for businesses.

Advantages of Convenient Transportation

This industrial zone is close to major transportation routes, facilitating the exchange and transportation of goods. Businesses here can easily access raw materials and markets.

Modern Infrastructure

Hung Phu 1 I.Z is built with modern infrastructure, meeting the production and business needs of investors. This enhances efficiency and productivity.

Utility	Description
Convenient transportation	Located near main routes like Trung Lương Expressway, National Highway 91B, and Can Tho International Airport
Modern infrastructure	Equipped with internal roads, electricity, water, and telecommunications systems to meet production needs
Support services	Includes shopping centers, dining facilities, hospitals, and schools for workers and local residents

Hung Phu 1 I.Z has a good location and infrastructure. It is an attractive choice for investors looking to expand operations in Can Tho.

Vị Trí Địa Lý Cần Thơ

Notable Features of Hung Phu 1 Industrial Zone

Hung Phu 1 Industrial Zone is situated in Can Tho City and possesses many notable features that attract numerous investors. These features include:

Vast area of 270 hectares, meeting land requirements for investment.
Modern infrastructure to support production and business activities.
A civilized, modern working environment with amenities for workers.
Attractive investment incentives that facilitate investment.

These characteristics not only make the area stand out but also drive economic growth and attract investment. Hung Phu 1 I.Z is an ideal investment destination, with advantageous infrastructure and incentive policies.

These highlights make Hung Phu 1 I.Z attractive to many domestic and foreign investors.

Economic Development Potential of the Area

Can Tho City has a population of over 1.2 million people, providing a rich and diverse labor source for Hung Phu 1 I.Z. This creates a competitive advantage for businesses.

Abundant Labor Force

Can Tho has many universities, colleges, and vocational schools. This facilitates easy recruitment and training of qualified personnel. A high-quality talent pool meets the increasing job demands.

Land and Resource Advantages

Can Tho is located in the Mekong Delta region, blessed with rich land and resources. Businesses in Hung Phu 1 I.Z can easily exploit these resources, promoting sustainable production and business development.

Indicator	Can Tho	Vietnam Average
Population (million)	1.23	97.58
Area (km²)	1,409	331,210
GDP per capita (USD)	2,800	2,500

With an abundant labor force and land/resource advantages, Can Tho has significant potential to develop industrial zones like Hung Phu I into dynamic and prosperous production and business centers.

Introduction to Hung Phu 1 Industrial Zone in Can Tho City

Hung Phu 1 Industrial Zone was established in 2004. It is one of the largest and most modern industrial zones in Can Tho City, attracting many domestic and foreign enterprises.

This industrial zone spans over 335 hectares, benefiting from modern infrastructure and convenient transportation, making it appealing to investors.

Hung Phu 1 I.Z has many notable features, including an abundant labor force, land and resource advantages, and attractive investment incentives from local authorities.

I.Z presents an excellent opportunity for businesses seeking a location to establish factories, produce, and develop in Can Tho City.

Hung Phu 1 I.Z has outstanding advantages and is poised for development. This industrial zone will drive economic growth and create jobs.

Favorable Investment Environment in the Industrial Zone

Hung Phu 1 I.Z in Can Tho City offers a very favorable investment environment, attracting many businesses. This is a crucial factor.

Investment Incentive Policies

The Can Tho government has implemented various tax, land, and service incentives. These incentives help reduce costs and promote investment in Hung Phu 1 I.Z.

Support from Local Authorities

Local authorities are always ready to support businesses, facilitating development. This reassures investors, allowing them to expand their production and business activities.

A favorable investment environment, coupled with incentive policies and support from local authorities, is crucial for attracting businesses to Hung Phu 1 I.Z.

Developing Industries in the Industrial Zone

Hung Phu 1 I.Z attracts many businesses across various sectors. Industries such as mechanical manufacturing, electronics, chemicals, agricultural processing, textiles, and logistics services are thriving. They not only generate high economic value but also promote the development of Hung Phu 1 I.Z.

In mechanical manufacturing, factories produce machinery, equipment, and auto parts, creating many jobs and income. The electronics sector is also significant, producing components and electronic products. The chemicals and agricultural processing sectors are developing to meet market demand.

Textiles and logistics services are also thriving. Textile companies benefit from an abundant labor force and modern infrastructure, while logistics businesses take advantage of the strategic location of the industrial zone.

The diverse industries in Hung Phu 1 I.Z create a vibrant business environment, providing many job opportunities and boosting local economic growth.

Industry	Description	Contribution
Mechanical Manufacturing	Producing and assembling industrial products like machinery, equipment, and auto parts	Creating jobs and increasing revenue
Electronics	Producing components and consumer electronic products	Significant contribution to the production sector
Chemicals	Producing industrial and consumer chemical products	Meeting the increasing market demand
Agricultural Processing	Processing agricultural products into consumer goods	Utilizing local raw materials, adding value
Textiles	Producing clothing and textile products	Utilizing an abundant labor force and modern infrastructure
Logistics Services	Providing transportation, storage, and distribution services	Leveraging the strategic location of the industrial zone

Job Opportunities in Hung Phu 1 Industrial Zone

Hung Phu 1 Industrial Zone is attracting many job seekers. The high demand for labor from businesses in the area, especially in production and services, creates job opportunities. Hung Phu I job opportunities are expanding, inviting local and neighboring labor.

Modern Working Environment

This industrial zone not only offers many job opportunities but also provides a modern and professional working environment. Companies invest in facilities, technology, and working conditions, fostering a dynamic atmosphere that encourages employee development.

Criteria	Hung Phu I Working Environment	Average of Other Industrial Zones
Facilities	Modern and spacious	Basic, not up to standard
Equipment	High-tech, high productivity	Simple, low productivity
Working Conditions	Ensuring health and safety	Not fully meeting standards

The advantages of the working environment in Hung Phu I make it attractive. Many workers, especially youth, choose this place, seeking development in a dynamic and professional environment.

Hung Phu 1 I.Z not only offers stable jobs but also creates opportunities to fully realize potential in a dynamic and professional setting.

With high labor demand and a modern working environment, Hung Phu 1 I.Z opens many job opportunities. This is an opportunity for local and neighboring labor.

Future Development of Hung Phu 1 Industrial Zone

Hung Phu 1 Industrial Zone is set to continue succeeding in the future, benefiting from geographical advantages, modern infrastructure, and a favorable investment environment. Therefore, this industrial zone will attract many domestic and international investors.

Many large investment projects are being implemented at Hung Phu I. This helps attract additional capital and promote the economic growth of the area. The region also benefits from an abundant labor force and land/resource advantages.

With its unique advantages, Hung Phu I is becoming one of the bright spots on the investment map of Can Tho and the Mekong Delta region.

The future development of Hung Phu I looks very promising. This industrial zone will continue attracting large investment projects, creating many job opportunities for local residents. At the same time, it will positively contribute to the socio-economic development of the region.

With its strengths and available advantages, Hung Phu 1 I.Z aims for a bright future. It will become a growth engine for Can Tho and the Mekong Delta region.

Major Investment Projects in the Industrial Zone

Hung Phu 1 I.Z in Can Tho City is attracting many investors. The Hung Phu I worker housing project is one of the important projects.

Hung Phu I Worker Housing Project

The project’s goal is to provide quality housing for workers. The housing area will feature modern designs, meeting the needs of laborers.

The Hung Phu I manufacturing plant project is also attracting significant attention. These factories will help develop the investment project of Hung Phu 1 I.Z and create jobs.

Project	Description	Benefits
Hung Phu I Worker Housing Project	Constructing high-quality housing for workers	Improving living conditions, attracting labor to the industrial zone
Hung Phu I Manufacturing Plant Project	Building modern manufacturing plants	Increasing production capacity, creating more jobs

These projects not only enhance living quality but also promote socio-economic development and strengthen the position of the Hung Phu 1 I.Z investment project.

Impact of the Industrial Zone on the Local Economy

Hung Phu 1 I.Z has significantly contributed to the economic development of Can Tho City. It creates numerous job opportunities for residents while attracting investment and boosting industrial and service growth.

The contributions of Hung Phu I have become a driving force for Can Tho’s development. The economic impacts not only benefit residents directly but also create a solid foundation for the city’s future growth.

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FAQ

What advantages does Hung Phu 1 Industrial Zone have?
Hung Phu 1 I.Z is located in Tân Phú Ward, Cái Răng District, Can Tho City, with convenient transportation. It has modern infrastructure, a civilized working environment, and attractive investment incentive policies.

What advantages does Can Tho City have to attract businesses to invest in Hung Phu 1 I.Z?
Can Tho City has advantages in labor and land, facilitating the development of Hung Phu 1 I.Z.

What incentive and support policies are applied in Hung Phu 1 I.Z?
Can Tho City has issued various incentive policies regarding taxes and land. Local government agencies also provide maximum support to businesses.

Which production and business sectors are developing in Hung Phu 1 I.Z?
Hung Phu 1 I.Z attracts many sectors, including mechanical manufacturing, electronics, chemicals, agricultural processing, textiles, and logistics services.

What job opportunities does Hung Phu 1 I.Z create for workers?
Hung Phu 1 I.Z creates job opportunities for local residents. The working environment here is modern and professional, opening up many development opportunities.

What major investment projects are being implemented in Hung Phu 1 I.Z?
Hung Phu 1 I.Z is attracting many large projects, including worker housing and modern manufacturing plants.

What impact does Hung Phu 1 Industrial Zone have on the economy of Can Tho City?
The development of Hung Phu 1 Industrial Zone has brought many benefits to the economy of Can Tho City. It creates job opportunities, attracts investment, boosts growth, and improves residents’ living standards.