Huyen Tung Industrial Cluster in Bac Kan Province

Huyen Tung Industrial Cluster is located in Bac Kan Province. It is a modern industrial development center. This area has synchronized infrastructure and an attractive investment environment.
Established to attract both domestic and international investors, this industrial park is becoming a highlight of Bac Kan Province.

Key Information about Huyen Tung Industrial Cluster

Strategic geographical location, close to major transportation routes

Modern infrastructure to meet investor needs

Attractive investment environment with many preferential policies

High development potential, aiming to be the industrial center of the province

Abundant human resources and a stable legal system

Geographical Location of Huyen Tung Industrial Cluster

Huyen Tung Industrial Cluster is strategically located. It is close to important transportation routes such as National Road 3 and the North-South railway, which facilitates easy transport of raw materials and products.

Proximity to Major Transportation Routes

Huyen Tung I.P is only 5 km from National Road 3 and 10 km from the North-South railway. This location helps save time and transportation costs for businesses.

Adjacent to Residential Areas

The park is close to residential areas, providing an abundant labor force for businesses.

The advantageous location of Huyen Tung I.P is a key factor in attracting many large companies to invest and operate here. The park’s strategic position, close to both transportation and residential areas, facilitates production and business operations.

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History of Huyen Tung Industrial Cluster

Huyen Tung Industrial Cluster, located in Bac Kan Province, is an important industrial center. It was established nearly a decade ago and has grown significantly. The industrial park has made a major contribution to the province’s industrialization strategy.

Huyen Tung I.P was established in 2010 by the Bac Kan Provincial People’s Committee. Its primary goal is to attract investment, create jobs, and boost socio-economic development.

In its early years, the industrial park received support from the government and businesses. Many domestic and international companies chose it as their investment location. Modern infrastructure was built, enabling growth.

Today, Huyen Tung I.P is a bright spot in Bac Kan Province. It hosts many businesses in fields such as processing, manufacturing, high-tech industries, and services.

Huyen Tung I.P is a vivid example of Bac Kan’s industrial development over the past years. It is an attractive destination for investors, contributing to the province’s economic growth.

Modern Infrastructure of the Industrial Park

Huyen Tung Industrial Cluster in Bac Kan Province has modern infrastructure. It is designed to meet the production and business needs of companies. The transportation system is well-connected, ensuring quick movement of goods and labor.

Synchronized Transportation System

The roads within the industrial park are built to modern standards. They are wide and safe, allowing easy movement of vehicles. The park is connected to important transportation routes such as National Road 3, National Road 34, and highways.

Stable Power and Water Supply

Huyen Tung I.P has invested in a reliable power and water supply system. The stable power and water supply create a safe and efficient production environment.

With modern infrastructure, Huyen Tung I.P is becoming an ideal destination for businesses looking to expand and develop their production operations.

Functional Zones within the Industrial Park

Huyen Tung Industrial Cluster in Bac Kan Province is divided into different functional zones. This optimizes production and business activities. The two main functional zones are the Industrial Production Zone and the Service and Commercial Zone.

Industrial Production Zone

The Industrial Production Zone allows businesses to conduct their manufacturing activities. Factories in Huyen Tung I.P have modern infrastructure, which helps them operate efficiently and meet productivity, quality, and environmental requirements.

Service and Commercial Zone

Huyen Tung I.P also includes a zone for services and commercial activities. Businesses can operate facilities such as canteens, shops, and banks. This meets the needs of both workers and companies within the park.

Huyen Tung I.P is an effective economic development model. It harmonizes industrial production with necessary services for businesses.

Development Potential of the Industrial Park

Huyen Tung I.P in Bac Kan Province has high development potential. Its strategic location, modern infrastructure, and attractive investment environment create favorable conditions for businesses. Companies can expand production, conduct business, and achieve high efficiency.

The strategic location helps investors easily access important transportation routes. This is beneficial for the transportation of raw materials, goods, and labor.

Modern infrastructure, such as a synchronized transportation system and stable power and water supply, enhances the development potential of Huyen Tung I.P.

The investment environment at the park is very favorable. Businesses benefit from tax incentives, land and factory support, abundant human resources, and a stable legal system.

With advantages in location, infrastructure, and preferential policies, Huyen Tung I.P is attracting many businesses to invest and expand.

Incentive Policies for Investors

Huyen Tung Industrial Cluster in Bac Kan Province applies many incentive policies to attract investors. These incentives include tax exemptions and reductions, as well as support for land and factory facilities.

Tax Exemptions and Reductions

Businesses investing in Huyen Tung I.P will enjoy preferential tax policies. They will be exempt from corporate income tax for the first few years, depending on the scale and sector of their operations.

Registration and licensing fees related to production and business activities are also reduced or completely exempt.

Support for Land and Factory Facilities

In addition to tax incentives, investors in Huyen Tung I.P are supported with land and factory facilities. They can rent or lease with preferential prices, helping to reduce initial investment costs.

This makes it easier for businesses to implement their production and business activities.

The incentive policies at Huyen Tung I.P are one of the key factors attracting investors to Bac Kan.

With attractive incentives for taxes, land, and factory facilities, Huyen Tung I.P is creating a highly appealing investment environment, drawing more and more investors to the area.

Businesses Operating in the Industrial Park

Huyen Tung I.P has attracted many domestic and international businesses. It has modern infrastructure and attractive incentive policies, which have drawn the attention of many large corporations.

Currently, Huyen Tung I.P hosts businesses in various sectors, such as:

Manufacturers of electronic components and information technology equipment
Agricultural product processing and food companies
Textile and garment factories
Logistics and warehousing service providers

Reputable companies have created a dynamic environment, driving the socio-economic development of Huyen Tung I.P.

Favorable Investment Environment at the Industrial Park

Huyen Tung Industrial Cluster in Bac Kan Province attracts many investors thanks to its modern infrastructure and abundant human resources. A stable legal system is also a strong point.

Abundant Human Resources

The proximity of the industrial park to residential areas makes it easy to find labor. Skilled workers are readily available to join companies, providing businesses with a strong workforce.

Stable Legal System

The investment environment at Huyen Tung I.P is safe due to a clear legal system. Companies can grow without worrying about legal issues, which builds trust among investors.

Future Development Plans of the Industrial Park

Huyen Tung I.P in Bac Kan Province is working to attract more investors. They aim to create an attractive and effective investment environment, helping the industrial park develop even further.

The development plan for Huyen Tung I.P includes the following key points:

Expanding the industrial park area: The park will expand its area to attract more investment projects.
Upgrading infrastructure: The park will improve transportation, power, and water systems to meet business needs.
Diversifying industries and services: The park will build specialized zones to attract various industries and services.

This effort will make Huyen Tung I.P even more attractive, drawing more investors and businesses. It will also contribute to the socio-economic development plan of Bac Kan Province.

Conclusion

Huyen Tung Industrial Cluster in Bac Kan Province is gaining increasing attention. Its location near important transportation routes makes it easily accessible to residential areas.
The infrastructure is modern, with a synchronized transportation system and stable power and water supplies. These factors make the industrial park appealing to investors.

The investment environment is favorable, with abundant human resources and a stable legal system. Tax, land, and factory incentives further increase its attractiveness.

The future development plans for Huyen Tung I.P promise to provide many opportunities. They will help Bac Kan Province’s industrial sector grow. With its existing potential and advantages, this industrial park is becoming an ideal destination for investors.

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FAQ

Where is Huyen Tung Industrial Cluster located?
Huyen Tung I.P is located in Bac Kan Province, Vietnam.

When was Huyen Tung I.P established?
Huyen Tung I.P was established in 2010 as part of Bac Kan Province’s industrial development strategy.

What notable infrastructure does Huyen Tung I.P have?
Huyen Tung I.P has invested in a synchronized transportation system. A stable power and water supply is ensured, meeting production demands.

What functional zones does Huyen Tung I.P have?
Huyen Tung I.P is divided into two zones: the Industrial Production Zone and the Service and Commercial Zone. This meets the needs of both businesses and workers.

What preferential policies are available for investors at Huyen Tung I.P?
Huyen Tung I.P offers preferential policies including tax exemptions and reductions, as well as support for land and factory facilities.

What businesses are operating in Huyen Tung I.P?
Huyen Tung I.P has attracted many businesses. They operate in fields such as electronics manufacturing, agricultural product processing, textiles, and other industrial sectors.

What are the outstanding development potentials of Huyen Tung I.P?
Huyen Tung Industrial Cluster has a strategic location and modern infrastructure. Its attractive investment environment creates conditions for strong future development.