Nam Pho Yen Industrial Park, Thai Nguyen Province

Nam Pho Yen Industrial Park attracts many enterprises. Its strategic location, modern infrastructure, and preferential policies are the reasons. It is an ideal place for production, business, and investment.

Things to Know About Nam Pho Yen Industrial Park:

Strategic location near economic centers, convenient transportation

Modern infrastructure that meets production and business needs

Attractive tax and land policies for investors

An ideal destination for domestic and foreign enterprises

A significant contribution to the economic development of Thai Nguyen Province

Geographic Location of Nam Pho Yen Industrial Park

Nam Pho Yen Industrial Park is located in Thuan Thanh Commune and Trung Thanh Commune, Pho Yen Town, Thai Nguyen Province, approximately 15 km from the center. This location provides the industrial park with many advantages in transportation and economic potential.

Transportation Advantages

This industrial park connects with important routes such as National Highway 3, National Highway 37, and the Hanoi – Thai Nguyen Expressway. This makes it easy for businesses to transport goods and access large markets.

Economic Development Potential

This area has many favorable factors such as a large labor force, a good investment environment, and preferential policies. These create significant economic potential for Nam Pho Yen I.P.

Advantages	Description
Geographic Location	Located south of Thai Nguyen city, about 15 km from the center
Transportation	Connected to National Highway 3, National Highway 37, and the Hanoi – Thai Nguyen Expressway
Economic Potential	Abundant labor force, attractive investment environment, preferential policies

The advantageous location of Nam Pho Yen I.P is an important competitive edge, facilitating effective business development for enterprises.

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History of Formation and Development

Nam Pho Yen Industrial Park was established in 2006, with the goal of becoming a modern industrial center of Thai Nguyen Province. Over the past 15 years, the industrial park has attracted many enterprises, with industries such as manufacturing, processing, mechanics, and electronics thriving.

Local government preferential policies have supported the development of Nam Pho Yen I.P, making it a highlight that attracts numerous investors. This has significantly contributed to the local economy.

Year of Establishment	Main Industries	Role in Local Development
2006	• Manufacturing
	• Processing
	• Mechanics
	• Electronics	1. Attracting investment
		2. Promoting economic growth
		3. Creating jobs for local people

Nam Pho Yen I.P has become a highlight, attracting many investors and contributing to the growth of the local economy.

Introduction to Nam Pho Yen Industrial Park, Thai Nguyen Province

Nam Pho Yen Industrial Park is a highlight of Thai Nguyen Province. It was built to attract investment and develop industry. Its advantageous geographical location, modern infrastructure, and attractive preferential policies have attracted many enterprises.

Nam Pho Yen I.P is located in the center of Thai Nguyen Province. It has good transportation advantages, connecting to key routes, seaports, and international airports. This helps promote production, export, and distribution.

Nam Pho Yen I.P has been developed with a modern infrastructure system. The transportation, electricity, water supply, and wastewater treatment systems meet production needs. This creates attractiveness for investors.

Nam Pho Yen I.P has been and continues to attract many enterprises. It contributes to the industrial and economic development of Thai Nguyen Province.

With existing strengths and development orientation, Nam Pho Yen I.P will continue to shine as a beacon. It will drive socio-economic development in the region in the future.

Scale and Infrastructure of the Industrial Park

Nam Pho Yen I.P is located in Thai Nguyen Province. It is a large industrial park, covering approximately 120 hectares, providing favorable conditions for enterprises looking to invest.

Transportation and Power Supply Systems

This industrial park has a spacious internal road system, directly connecting to nearby national highways and expressways. The electricity supply system ensures stability, meeting the production needs of businesses.

Criteria	Specifications
Total Area	120 hectares
Transportation System	Connected to National Highways and Expressways
Electricity Supply	Multiple stable sources

With complete infrastructure, Nam Pho Yen I.P facilitates enterprises. This contributes to promoting local economic growth.

Main Industries in the Industrial Park

Nam Pho Yen Industrial Park, located in Thai Nguyen Province, attracts many enterprises. Industries such as manufacturing and supporting services are developing strongly. The location and modern infrastructure of this industrial park are very appealing.

Manufacturing Industry

Manufacturing electronic components
Producing automobiles and spare parts
Mechanical fabrication
Textile

Supporting Services

Logistics services
Warehousing
Catering services
Hotels

Supporting services play an important role. They meet the needs of companies in the industrial park, helping the area to develop robustly.

Investment Potential and Business Attraction

Nam Pho Yen Industrial Park is situated in a favorable geographical location, with synchronized infrastructure. It also offers attractive preferential policies. Therefore, this industrial park is attracting many domestic and foreign businesses.

Companies operating in manufacturing, electronics, and high-tech fields are very interested in Nam Pho Yen I.P. They will enjoy many tax and land incentives. Additionally, they will have access to modern infrastructure.

This includes transportation and electricity systems that meet production needs. This helps minimize operating costs and creates a competitive advantage for businesses.

Nam Pho Yen I.P has significant investment potential and business attraction. It promises to develop strongly in the future, becoming an attractive investment destination for both domestic and foreign investors.

Advantages of Nam Pho Yen Industrial Park	Incentives for Investors
Favorable geographical location	Tax incentives
Modern infrastructure	Land incentives
Attractive preferential policies	Reliable transportation and electricity systems

Nam Pho Yen I.P is becoming one of the top investment destinations in Thai Nguyen Province, attracting the interest of many domestic and foreign businesses.

Preferential Policies and Investment Support

Nam Pho Yen Industrial Park in Thai Nguyen Province enjoys many incentives from the government. These policies help create favorable conditions for investment. Many domestic and foreign enterprises have been attracted.

Tax and Land Incentives

This industrial park offers numerous tax incentives. Enterprises are exempt from or reduced corporate income tax for a certain period. There are also rental support policies, creating favorable conditions for investors.

Type of Incentive	Level of Incentive
Corporate income tax exemption	4 years
50% reduction in corporate income tax	Next 9 years
Rental support	Up to 100% for the first 15 years

Additionally, the industrial park provides support for infrastructure development and one-stop administrative services. These incentives help attract many businesses to the area.

Thai Nguyen Province’s government hopes that, with these preferential policies, it will create an attractive investment environment. This will attract many enterprises to Nam Pho Yen I.P.

Role of the Industrial Park in Local Economic Development

Nam Pho Yen Industrial Park is very important for the development of Thai Nguyen Province. The enterprises here create jobs and increase income for the local population. They also attract investment, helping the economy to grow.

The local government’s investment support policies help the industrial park attract many projects. This increases industrial and service development, which is crucial for local economic development.

Benefits	Description
Job creation	Enterprises in the industrial park have created many job opportunities for local people, helping to increase income and improve living standards.
Investment attraction	The industrial park has attracted many large investment projects, promoting the development of the province’s industry and services.
Economic growth	The activities of enterprises in the industrial park significantly contribute to local economic growth.

Nam Pho Yen I.P is vital for Thai Nguyen Province. It is a driving force for socio-economic development. This area continues to attract investment, aiding sustainable economic growth.

Future Development Prospects

Nam Pho Yen I.P in Thai Nguyen Province has many prospects. Thai Nguyen Province plans to expand the scale of the industrial park. They will also enhance infrastructure and provide support services for businesses.

The industrial park aims for sustainable development. They will apply clean technology, use resources efficiently, and protect the environment. With these goals, Nam Pho Yen I.P will continue to be an important industrial center for Thai Nguyen Province.

Scale Expansion Plan

According to reports, Thai Nguyen Province will expand the scale of Nam Pho Yen I.P. The goal is to enhance production capacity and attract enterprise investment. The plan includes:

Investing in infrastructure systems such as roads, electricity, and water supply
Strengthening support services for businesses such as training, legal consulting, and logistics
Preparing clean land for attracting new investors

Sustainable Development Orientation

Nam Pho Yen Industrial Park also emphasizes sustainable development. They will:

Apply clean, environmentally friendly production technologies
Use resources efficiently, recycle, and reuse
Implement environmental protection solutions, such as waste treatment and pollution reduction

This orientation helps Nam Pho Yen I.P not only grow in scale but also ensure sustainable long-term development.

Conclusion

Nam Pho Yen I.P in Thai Nguyen Province is becoming increasingly important in attracting investment. Its favorable geographical location, modern infrastructure, and preferential policies have attracted many enterprises. This is an ideal destination for companies both domestically and internationally.

The industrial park plays a crucial role in creating jobs and attracting investment. Nam Pho Yen I.P promises to develop robustly in the future, continuing to be a leading industrial center in Thai Nguyen Province.

In summary, Nam Pho Yen Industrial Park is a highlight in the industrial and socio-economic development of Thai Nguyen Province. With its advantages and potential, this industrial park will continue to play a key role in the sustainable development of the local area.

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FAQ

What is the geographical location of Nam Pho Yen Industrial Park?

Nam Pho Yen Industrial Park is located in Thuan Thanh Commune and Trung Thanh Commune, Pho Yen Town, Thai Nguyen Province, only about 15 km away. This area has a good transportation system, connecting with routes like National Highway 3, National Highway 37, and the Hanoi – Thai Nguyen Expressway.

What advantages does Nam Pho Yen I.P have for economic development potential?

This area has many advantages such as an abundant labor force, a good investment environment, and preferential policies. These create conditions for strong economic development.

What is the formation and development process of Nam Pho Yen Industrial Park?

The industrial park was established in 2006 with the goal of becoming the industrial center of Thai Nguyen. Over the past 15 years, the area has attracted many enterprises and developed key industries.

What is the scale and infrastructure of Nam Pho Yen Industrial Park?

The industrial park covers 300 hectares, of which 200 hectares are industrial land. This area has been developed with a good transportation system. The electricity supply is stable, meeting the production needs of enterprises.

What are the main industries present in Nam Pho Yen Industrial Park?

The industrial park attracts many enterprises in the fields of manufacturing electronic components, automobiles, mechanics, and textiles. There are also service providers such as logistics, warehousing, and hotels.

What preferential policies and investment support does Nam Pho Yen Industrial Park offer?

Thai Nguyen Province has many preferential policies for Nam Pho Yen I.P. These policies include tax exemptions and reductions, rental support, and infrastructure development assistance. These are attractive policies that create incentives for investment.

What role does Nam Pho Yen I.P play in the socio-economic development of Thai Nguyen Province?

The industrial park plays a vital role in the socio-economic development of the province. Business activities create jobs and increase income for local people. At the same time, it attracts investment and promotes economic growth.

What are the development prospects for Nam Pho Yen I.P in the future?

Nam Pho Yen I.P has promising development prospects for the future. Thai Nguyen Province will expand its scale, enhance infrastructure, and provide support services for businesses. The goal is sustainable development, applying clean technology, efficiently using resources, and protecting the environment.