Long Binh An Industrial Zone in Tuyen Quang Province
Long Binh An Industrial Zone is an important project for Tuyen Quang Province. It was created to promote industrialization and attract investment. With its good location, modern infrastructure, and attractive policies, this industrial zone is very appealing to businesses.
Key Points to Remember:
- The Long Binh An Industrial Zone is a key project in Tuyen Quang Province.
- Convenient location and modern infrastructure.
- Attractive investment incentive policies.
- The industrial zone offers significant potential for investors.
- Located in the key economic area of Northern Vietnam.
Geographical Location of Long Binh An Industrial Zone
The Long Binh An Industrial Zone is located in Tuyen Quang City, Tuyen Quang Province, near important transport routes. Its location in Tuyen Quang Province provides advantages in connecting transportation and accessing domestic and international markets.
Located in the Key Economic Area of the North
The Long Binh An I.Z is situated in the key economic area of the North, close to major industrial, commercial, and service centers such as Hanoi, Hai Phong, and Lao Cai. This creates opportunities for businesses to leverage resources and infrastructure.
Near Major Transport Routes
- It is located near National Highway 2, connecting Northern Vietnam with the Northwest and Northeast.
- About 30 km from Luong Son Station (Hanoi – Lao Cai railway), convenient for transporting goods.
- Approximately 120 km from Noi Bai International Airport, facilitating international trade.
With its proximity to important transportation routes, the Long Binh An I.Z has a competitive advantage, making it easier for businesses to access both domestic and international markets.
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History of Formation and Development
The Long Binh An Industrial Zone was established in 2010, as decided by Tuyen Quang Province. The goal was to promote the local economy and attract investment. Initially, the industrial zone had a modest area, but through various challenges, it has expanded and developed. Now, it stands out as a highlight in Tuyen Quang Province’s economy.
Over the years, the industrial zone has modernized and expanded, attracting many businesses, both large and small. They have invested and developed production, creating key industrial products.
The Long Binh An I.Z has played an important role in promoting the socio-economic development of Tuyen Quang Province and has become a highlight in the key economic area of the North. Government authorities and the business community have made continuous efforts to strengthen the Long Binh An I.Z, making it a key driver of Tuyen Quang’s development.
Potential and Advantages of the Industrial Zone
The Long Binh An I.Z in Tuyen Quang Province has many advantages. Its potential stands out in terms of abundant and quality human resources.
Abundant Human Resources
The industrial zone is located in an intensive agricultural area. It has a large workforce that is well-trained and skilled, meeting investor demands.
Attractive Investment Incentives
The investment advantage of the Long Binh An I.Z is further enhanced by its incentive policies. Local authorities have policies regarding taxes, land, and support services, creating an attractive investment environment.
The Long Binh An I.Z is currently attracting many investors. Positive factors make it appealing.
| Advantages | Description |
| Abundant human resources | Well-trained workers with high specialized skills |
| Attractive investment incentives | Incentives regarding taxes, land, technical infrastructure, and support services |
Scale and Infrastructure
The Long Binh An I.Z in Tuyen Quang Province is an attractive destination for investors, covering an area of 173 hectares. It is divided into various functional zones such as production, services, and housing for workers. Each zone is designed to meet the needs of businesses.
Synchronised Infrastructure to Meet Operational Demands
The infrastructure of the Long Binh An Industrial Zone has been developed synchronously, adequately meeting the needs of enterprises. Transportation, electricity, and water are all designed and operated effectively, facilitating investment and business.
| Indicator | Data |
| Total area of the industrial zone | 173 hectares |
The scale and infrastructure of the Long Binh An I.Z make it an attractive investment location, drawing both domestic and international businesses.
Overview of Long Binh An Industrial Zone in Tuyen Quang Province
The Long Binh An Industrial Zone in Tuyen Quang Province attracts many businesses in various industries such as mechanical engineering, electronics, textiles, and food processing. This industrial zone is becoming increasingly appealing for enterprises operating in dynamic sectors.
Industries and Businesses Currently Operating
The Long Binh An I.Z offers a favorable location and investment incentives. Many businesses from industries such as mechanical engineering, electronics, textiles, and food processing have been attracted here.
- Mechanical Engineering: Production of components, automotive parts, and machinery.
- Electronics: Production of electronic products and devices.
- Textile Industry: Production of textile products and clothing.
- Food Processing Industry: Production of processed food products.
Key Products of the Industrial Zone
The businesses operating in the industrial zone have produced key products, including:
| Industry | Key Products |
| Mechanical Engineering | Components, automotive parts, machinery |
| Electronics | Electronic products, electronic devices |
| Textiles | Clothing, garments |
| Food Processing | Processed food products |
These key products have increased the economic value of the locality and affirmed the position of the Long Binh An I.Z as a dynamic industrial center.
Investment and Business Environment
The Long Binh An I.Z in Tuyen Quang Province attracts many investors, thanks to its incentive policies and business support services. These policies are robustly developed and invested.
Attractive Investment Support Policies
This industrial zone applies many incentive policies. Businesses enjoy tax benefits and support for land and infrastructure, which helps attract many investment projects.
- Exemption from corporate income tax for the initial years.
- Reduction of import tax on machinery, equipment, materials, and raw materials.
- Support for land and infrastructure development.
Comprehensive Business Support Services
In addition to incentive policies, this industrial zone also offers business support services that facilitate business operations. Examples include:
- Legal consulting and investment procedures.
- Training and developing human resources.
- Logistics services such as transportation and warehousing.
- Market information and investment promotion support.
The strengths of the Long Binh An I.Z lie in its attractive investment environment and comprehensive support services, making it an ideal destination for investors.
Future Development Plans
The Long Binh An I.Z in Tuyen Quang Province is undergoing investment and expansion. The development plan for the Long Binh An I.Z aims to enhance production capacity and attract many new investment projects.
Plans for Expansion
The management board of the Long Binh An I.Z plans to expand the land area and build more modern infrastructure. This will create more plots for investors and open up new business opportunities.
Sustainable Development Direction
The Long Binh An Industrial Zone is oriented toward sustainable development, focusing on green industries, clean technologies, and renewable energy. This approach will bring economic benefits while protecting the environment and improving the quality of life.
Role of the Industrial Zone in the Local Economy
The Long Binh An Industrial Zone plays a crucial role in the socio-economic development of Tuyen Quang Province. The businesses here create many jobs and provide stable incomes, improving the quality of life for local residents.
The Long Binh An I.Z is also a significant revenue source for local authorities. Businesses pay taxes and fees, generating financial resources for the province. This funding helps develop infrastructure and enhance public services.
The role of the Long Binh An I.Z is vital; it generates employment, improves residents’ lives, and increases local budget revenues.
| Indicator | Year 2020 | Year 2021 | Year 2022 |
| Number of operating businesses | 50 | 60 | 75 |
| Total number of employees | 8,000 | 10,000 | 12,500 |
| Total revenue (billion VND) | 3,500 | 4,200 | 5,000 |
| Contributions to the budget (billion VND) | 250 | 300 | 350 |
Investment Promotion and Cooperation Activities
The Tuyen Quang provincial government and the Long Binh An I.Z management board regularly organize investment promotion events. They participate in trade fairs and exhibitions both domestically and internationally to showcase the advantages and potential of this industrial zone.
Networking sessions and meetings with investors occur frequently, providing opportunities for direct engagement and a deeper understanding of the industrial zone.
The Long Binh An I.Z collaborates with management agencies and local authorities to create a favorable investment environment. They ensure comprehensive infrastructure and business support services.
These efforts help the Long Binh An Industrial Zone affirm its position and attract the attention of many investors, both domestically and internationally.
Other industrial zones
- Long Binh An Industrial Park In Tuyen Quang Province
- Son Nam Industrial Park In Tuyen Quang Province
FAQ
What are the outstanding features of the Long Binh An Industrial Zone?
The Long Binh An Industrial Zone is strategically located in Tuyen Quang City, Tuyen Quang Province, near important transport routes. It has good infrastructure, a rich labor force, and attractive incentives, creating a competitive advantage for the industrial zone.
What is the scale and structure of the Long Binh An I.Z?
The industrial zone covers an area of 173 hectares, divided into production, service, and housing zones. The transportation, electricity, and water systems are synchronously invested to meet business needs.
Which sectors and businesses are attracted to the Long Binh An I.Z?
The Long Binh An I.Z attracts many industries such as mechanical engineering, electronics, textiles, and food processing. Key products include electronic components, textiles, and processed food, adding value to the locality.
What are the incentive policies and business support services at the Long Binh An Industrial Zone?
The industrial zone provides an attractive investment environment with favorable tax, land, and infrastructure policies. Support services such as consulting, training, and logistics are offered, facilitating investor operations.
What are the future development plans for the Long Binh An Industrial Zone?
The Long Binh An I.Z is being expanded and enhanced to increase production capacity. In the future, it will focus on developing key industries and diversifying products and services.
What role does the Long Binh An I.Z play in the local economy?
The Long Binh An I.Z is crucial for the socio-economic development of Tuyen Quang Province. Its business activities create jobs, generate income for workers, and enhance living standards, while also contributing significant revenue to the local budget.