Hung Phu 2B Industrial Park, Can Tho City
Hung Phu 2B Industrial Park is an important industrial park in Can Tho City. It is located in the economic center of the Mekong Delta region. With its strategic location and modern infrastructure, this industrial park attracts many investors.
Key Points to Note
- Hung Phu 2B Industrial Park is situated in the economic center of Can Tho City.
- It has a strategic location with convenient transportation connections.
- It is increasingly attracting businesses for investment and production activities.
- The infrastructure is modern and meets the needs of investors.
- There are attractive tax incentives and supportive investment policies.
Geographical Location of Hung Phu 2B Industrial Park
Hung Phu 2B Industrial Park is located in a prime area in Phú Thứ Ward, Cái Răng District, Can Tho City, right in the economic heart of Can Tho. This is considered the heart of the city. The industrial park is surrounded by urban areas, services, and developed transportation.
This creates advantages for connectivity and movement. Businesses can easily access raw materials, labor, and consumer markets.
Convenient Transportation Connections
Hung Phu 2B I.P has a convenient transportation system. National Route 91 runs through the industrial park, facilitating the transportation of goods and easy movement. The industrial park is near highways, airports, and seaports, making it convenient for imports and exports and international trade.
Types of Production in the Industrial Park
Hung Phu 2B Industrial Park is located in the economic center of Can Tho. It attracts many businesses in various manufacturing sectors. Key industries include:
- Production of electronic equipment and components
- Mechanical processing and manufacturing of metal products
- Processing of agricultural products, food, and beverages
- Textile and garment manufacturing
- Production of chemicals, rubber, and plastics
Hung Phu 2B I.P has a favorable location and modern infrastructure. It is an attractive destination for various industrial sectors, providing an ideal environment for investors and the development of potential manufacturing industries.
Industry Contribution Ratios
- Electronic equipment production: 25%
- Mechanical processing: 20%
- Agricultural product processing: 18%
- Garment manufacturing: 15%
- Chemical, rubber, and plastic production: 22%
Hung Phu 2B I.P offers diverse manufacturing industries. It is a dynamic environment full of opportunities for businesses. Companies looking to produce in Hung Phu 2B I.P will thrive in the industrial sector.
Overview of Hung Phu 2B I.P, Can Tho City
Scale and Area of the Industrial Park
Hung Phu 2B I.P is a large industrial park in the Mekong Delta region. It covers an area of up to 272.3 hectares. This industrial park, along with Hung Phu I and Hung Phu III, helps develop the economy and industry of Can Tho.
History of Formation and Development
Hung Phu 2B I.P was established in 2004. Since then, this industrial park has developed strongly, attracting significant investments from both domestic and foreign sources. This development has created numerous jobs, boosting the economy and growth of Can Tho.
Criteria | Hung Phu 2B Industrial Park |
Area | 62.63 hectares |
Established | 2004 |
Development Status | Continuously developing, attracting investment |
Hung Phu 2B I.P plays a vital role in promoting economic and industrial development in Can Tho City.
Investment Incentives and Policies in the Industrial Park
Hung Phu 2B Industrial Park in Can Tho City offers many attractive investment incentives. This helps attract numerous investors. Tax incentive policies are crucial in attracting investments.
Tax Incentive Policies
Businesses investing in Hung Phu 2B I.P benefit from many tax incentives, including:
- Exemption from corporate income tax for the first 2-4 years.
- A 50% reduction in corporate income tax payable in the next 4-9 years.
- Exemption from import taxes on machinery, equipment, and raw materials for production.
These tax incentives help reduce the financial burden on businesses, facilitating their development and production activities.
The tax incentives of Hung Phu 2B I.P are among the important competitive advantages to attract large investors to Can Tho City.
Infrastructure and Utilities
Hung Phu 2B I.P is built with modern infrastructure that meets the production and business needs of enterprises. It features a spacious transportation network, facilitating the transport of goods. The water supply, wastewater treatment network, and stable electricity supply are all invested in comprehensively.
Hung Phu 2B I.P also offers many utilities that benefit investors and workers, such as:
- Canteens with delicious and nutritious meals
- A healthcare station with a professional team of doctors and nurses
- Banks and post offices to meet financial and transaction needs
- Schools and recreational areas for workers and their families
These are high-standard utilities. Hung Phu 2B I.P creates a favorable living and working environment, enhancing the quality of life for workers.
Utility | Description |
Transportation | A spacious and convenient road system for transporting goods |
Water supply and wastewater treatment | A comprehensive water supply and wastewater treatment system that meets production needs |
Electricity supply | A stable electricity supply system that meets production needs |
Canteen | Provides nutritious meals for workers |
Healthcare station | A professional team of doctors and nurses serving workers |
Bank and post office | Meeting financial and transaction needs of businesses |
School and recreational area | Serving the learning and recreational needs of workers and their families |
With synchronized infrastructure and utilities, Hung Phu 2B I.P attracts many investors, creating a modern and livable working environment.
Active Enterprises in the Industrial Park
Hung Phu 2B Industrial Park has attracted many domestic and foreign businesses. Notable companies here include:
- Samsung Electronics Vietnam Co., Ltd.
- Denso Vietnam Engineering Co., Ltd.
- Vietnam Electrical Equipment Industry Co., Ltd. (GELEX)
- Many manufacturing enterprises in fields such as electronics, mechanical engineering, chemicals, and technology.
Hung Phu 2B I.P’s strategic location and investment incentives have attracted many large corporations. Notable companies have created jobs for thousands of local workers and have promoted the socio-economic development of the Hung Phu 2B I.P.
Company Name | Area of Activity | Year Established |
Samsung Electronics Vietnam Co., Ltd. | Production of electronic equipment | 2014 |
Denso Vietnam Engineering Co., Ltd. | Automotive component manufacturing | 2016 |
Vietnam Electrical Equipment Industry Co., Ltd. (GELEX) | Production of electrical equipment | 2012 |
The highlight of Hung Phu 2B I.P is the presence of major names, making this area a bright spot in Can Tho. It also drives sustainable development for the representative companies here.
Future Development Potential
Hung Phu 2B Industrial Park in Can Tho City has a strategic location and modern infrastructure. It is expected to develop robustly in the future. The combination of attractive investment incentives and expansion planning creates growth potential.
Expansion Planning of the Industrial Park
Hung Phu 2B I.P will expand its area to 500 hectares in the following phases. This will create many opportunities for investors to capitalize on the development potential of Hung Phu 2B I.P.
With its ideal location and attractive incentives, Hung Phu 2B I.P will continue to be an attractive destination for domestic and international investors.
Expansion planning activities will be implemented step by step, creating additional space and infrastructure to meet future development needs.
Business Investment Environment
In Hung Phu 2B I.P, green environmental policies are prioritized. Businesses are encouraged to adopt environmentally friendly technologies, utilize renewable energy, and comply with environmental protection standards.
Green Environmental Policies
This industrial park applies policies to create a sustainable investment environment aimed at attracting investors:
- Encouraging businesses to use clean production technologies to minimize pollution.
- Prioritizing projects that use renewable energy such as solar, wind, and biomass.
- Requiring businesses to strictly comply with wastewater and solid waste treatment standards.
- Ensuring a green infrastructure system with roads, tree gardens, and retention ponds.
A clean and sustainable environment will be key for Hung Phu 2B I.P to become an attractive destination for investors in the future.
By setting commitments and policies, Hung Phu 2B I.P is building a friendly investment environment that meets the needs of green investors and businesses.
Benefits of Investing in the Industrial Park
Hung Phu 2B I.P in Can Tho City offers many investment benefits and attractive advantages. Its strategic geographical location, modern infrastructure, and appealing investment incentives create a favorable business environment. This helps businesses develop sustainably and effectively.
The geographical location of Hung Phu 2B I.P is very advantageous. It is situated in the economic center of Can Tho City. Good connections by road, waterway, and air facilitate businesses in connecting easily with domestic and international markets.
Modern infrastructure with synchronized utilities such as transportation, electricity, clean water, telecommunications, etc., meets production and business needs, allowing businesses to operate effectively.
Investment incentives regarding taxes, land, labor, and services create favorable conditions for investors. These incentives help reduce costs and enhance investment and business efficiency.
The investment business environment in Hung Phu 2B I.P is advantageous, with green, safe environmental policies and support from local authorities. This creates conditions for businesses to develop sustainably.
In summary, Hung Phu 2B I.P is an attractive investment location, offering numerous development opportunities for investors.
Conclusion
Hung Phu 2B Industrial Park in Can Tho not only attracts investors domestically and internationally but is also a focal point of the Mekong Delta region. Its strategic location, modern infrastructure, and incentive policies make this area appealing.
Sustainable development is the commitment of this industrial park. It focuses on green environment and environmental protection, creating a safe and friendly business environment for enterprises.
Hung Phu 2B I.P is a good choice for investors. Its favorable location, modern infrastructure, and attractive policies are significant advantages. This area promises development and becoming a top destination for businesses.
Other Industrial Parks
- Bac O Mon Industrial Park Can Tho Province, Viet Nam
- High-Tech Zone Of Can Tho Province, Viet Nam
- Hung Phu 1 Industrial Park Can Tho Province, Viet Nam
- Hung Phu 2A Industrial Park In Can Tho Province
- Hung Phu 2B Industrial Park In Can Tho Province
- O Mon Industrial Park In Can Tho Province
- Phong Dien Industrial Cluster In Can Tho Province
- Thot Not I Industrial Park In Can Tho Province
- Thot Not II Industrial Park In Can Tho Province
- Thot Not Industrial Park Can Tho Province, Viet Nam
- Tra Noc II Industrial Park In Can Tho Province
FAQ
Where is Hung Phu 2B Industrial Park located?
Hung Phu 2B I.P is located in Phú Thứ Ward, Cái Răng District, Can Tho City. It is part of the Mekong Delta region.
What are the advantages of Hung Phu 2B I.P?
This industrial park has a strategic location and modern infrastructure, along with attractive incentive policies. It provides a favorable business investment environment and significant growth potential.
What is the area of Hung Phu 2B I.P?
This industrial park covers an area of 62.63 hectares. It is one of the largest industrial parks in the Mekong Delta region.
What industries are developed in Hung Phu 2B I.P?
This industrial park attracts many industrial sectors, such as electronic equipment production, mechanical processing, agricultural product processing, garment manufacturing, and production of chemicals and rubber products.
What are the investment incentive policies at Hung Phu 2B I.P?
This industrial park offers many incentives for investors, such as exemption from corporate income tax for the first 2-4 years and exemption from import taxes on machinery, equipment, and raw materials.
Which companies are currently operating in Hung Phu 2B I.P?
Some notable companies here include Samsung Electronics Vietnam Co., Ltd., Denso Vietnam Engineering Co., Ltd., and Vietnam Electrical Equipment Industry Co., Ltd. (GELEX).
What are the future development plans for Hung Phu 2B I.P?
This industrial park plans to expand its area to 500 hectares, which will meet the growing investment demand and attract new projects.