Nam Sach Industrial Park in Hai Duong Province

Nam Sach Industrial Park in Hai Duong Province is attracting many investors. It is located in the Northern key economic region. Its favorable geographical location, close to important transportation routes, enables this industrial park to develop rapidly. Modern infrastructure and attractive policies are strengths of this industrial park, creating favorable conditions for companies wishing to invest.

Highlights of Nam Sach Industrial Park

Strategic location in the Northern key economic region

Proximity to major transportation routes with convenient connections

Modern and synchronous infrastructure

Attractive investment incentives from the government

Abundant and quality human resources

Geographical Location of Nam Sach Industrial Park

Nam Sach Industrial Park is located on National Highway 5, Ai Quoc Ward, Hai Duong City, Hai Duong Province. This is an important industrial center in the North, providing many advantages for investors and enterprises.

Located in the Northern Key Economic Region

Nam Sach Industrial Park belongs to the Northern key economic region, which includes Hai Duong, Hung Yen, Bac Ninh, and Quang Ninh. This area has strong industrial development and attracts many investment projects.

Close to Major Transportation Routes

Nam Sach Industrial Park is close to important transportation routes such as National Highway 5, National Highway 17, the North-South railway, and Noi Bai Airport. This provides businesses with advantages in logistics and market connectivity.

The favorable geographical location combined with the socio-economic development of the region are crucial factors that attract investors to Nam Sach Industrial Park.

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History of Establishment and Development

Nam Sach Industrial Park was established in 1997. It started from a challenging area, but thanks to its strategic location and incentive policies, this industrial park has overcome challenges.

During its development, Nam Sach Industrial Park has attracted many large projects, boosting the socio-economic growth of Hai Duong Province. Today, the industrial park is an important industrial center, attracting thousands of workers and contributing to the local budget.

Nam Sach Industrial Park has proven its development potential, becoming a bright spot on the investment map of Hai Duong Province. With a proud history of establishment and development, Nam Sach Industrial Park continues to affirm its position as a preferred destination for many domestic and foreign investors.

Overview of Nam Sach Industrial Park in Hai Duong Province

Nam Sach Industrial Park is located in the Northern key economic region, covering an area of approximately 62.42 hectares, with synchronous and modern infrastructure. The favorable geographical location, complete transportation systems, electricity, water, telecommunications, and wastewater treatment have attracted many investors.

Main Industries in the Industrial Park

The main industries in Nam Sach Industrial Park include:

Manufacturing of automobiles and electronic components
Textile industry
Mechanical engineering
Supporting industries

With its diverse industries, this industrial park is an ideal destination for investors, providing many opportunities for collaboration and economic development.

Development Potential of Nam Sach Industrial Park

Nam Sach Industrial Park in Hai Duong Province has many favorable factors, making it an attractive destination for investors. A standout feature is the abundant and competitive labor cost.

Abundant Human Resources

Nam Sach’s favorable geographical location attracts labor from neighboring provinces such as Hai Duong, Hai Phong, and Quang Ninh. The local labor force is plentiful and of good quality, supported by a well-developed education system.

Index	Nam Sach Industrial Park	National Average
Labor Training Rate	82%	72%
Average Labor Cost	4.5 million VND/month	5.2 million VND/month

Nam Sach Industrial Park has great development potential thanks to its quality labor force, making it an attractive destination for investors. The park offers abundant human resources, quality, and competitive labor costs, which are essential factors in attracting investment.

Investment Incentives at the Industrial Park

The local government has implemented many incentive policies to attract investors. These policies help businesses save costs while enhancing operational efficiency.

The investment incentives at Nam Sach Industrial Park include:

Exemptions/Reductions on corporate income tax during the initial years of investment
Land support such as preferential rental prices and assistance in land clearance
Provision of infrastructure services like electricity, water, and transportation at preferential prices
Quick and simple administrative procedures

Investors coming to Nam Sach Industrial Park will benefit from these investment incentives, providing practical advantages for production and business operations.

Incentive Policy	Content
Exemption/Reduction of Tax	Exemption/reduction on corporate income tax during the initial years of investment
Land Support	Preferential land rental prices, assistance in land clearance
Infrastructure Support	Provision of electricity, water, and transportation at preferential prices
Administrative Procedures	Quick and simple administrative procedure support

With these attractive investment incentives, Nam Sach Industrial Park is drawing many investment projects, creating a conducive business environment.

Favorable Business Environment

Nam Sach Industrial Park is situated in the Northern key economic region, designed to create a favorable business environment. The synchronous transportation system and complete infrastructure make it easy for investors to transport raw materials and goods.

Synchronous Transportation System

Nam Sach Industrial Park is connected to major transportation routes, including highways, railways, and airports. This facilitates production and business activities linked to major economic centers domestically and internationally.

Complete Infrastructure

In addition to transportation, Nam Sach Industrial Park features modern infrastructure with adequate electricity, water, and telecommunications. Therefore, enterprises here need not worry about infrastructure.

Nam Sach Industrial Park boasts a favorable business environment, excellent transportation, and robust infrastructure, making it an ideal destination for both domestic and foreign investors.

Notable Projects in Nam Sach Industrial Park

Nam Sach Industrial Park in Hai Duong Province has attracted numerous enterprises investing in automotive production, electronic components, and textiles. It has become an ideal destination for many companies.

Hanwa Vietnam Co., Ltd. is a leading corporation in automotive and electronic components. They have invested $100 million in a factory at Nam Sach, creating thousands of new jobs.

Kowa Vietnam Co., Ltd. has also chosen Nam Sach to build a new factory, investing hundreds of millions of dollars. This project enhances production capacity and creates job opportunities.

Sanoh Vietnam Co., Ltd. has invested $50 million in a factory at Nam Sach, supplying automotive components and enhancing the product supply chain.

These projects not only develop the industrial park but also create job opportunities and contribute to the economic growth of Hai Duong Province.

Project	Field	Investment Scale
Hanwa Vietnam Co., Ltd.	Production of automotive and electronic components	Over $100 million
Kowa Vietnam Co., Ltd.	Production of electronic components	Hundreds of millions of USD
Sanoh Vietnam Co., Ltd.	Production of automotive components	Over $50 million

Investment Collaboration Opportunities in Nam Sach

Nam Sach Industrial Park in Hai Duong Province is attracting many investors. Its strategic geographical location makes investment and collaboration opportunities increasingly appealing.

Nam Sach is located in the Northern key economic region and has a modern transportation system, facilitating easy access to markets and supply chains for investors.

Investment incentive policies and a favorable business environment at Nam Sach further attract investors. Companies can take advantage of tax, land, and infrastructure incentives to implement high-potential projects.

Sector	Investment Opportunities
Industrial Manufacturing	Production of industrial products such as electronics, automobiles, machinery…
Logistics and Supply Chain	Development of logistics centers, warehouses, and cargo transport…
Technology Services	Development of R&D centers, information technology…

Nam Sach Industrial Park offers many attractive investment and collaboration opportunities, allowing investors to implement successful projects across various sectors. This is a noteworthy destination for enterprises.

Conclusion

Nam Sach Industrial Park in Hai Duong Province is attracting many investors. Its geographical location, modern infrastructure, and incentive policies are its strengths, creating opportunities for collaboration and economic development.

The favorable business environment and synchronous transportation system enhance its appeal. Notable projects contribute to making Nam Sach attractive.

Investors can leverage these advantages to expand and exploit their potential. The abundant labor force and incentive policies promise positive outcomes.

Nam Sach is highly rated for its development potential, making it a consideration for investors seeking to expand their businesses.

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FAQ

Where is Nam Sach Industrial Park located?

Nam Sach Industrial Park is located on National Highway 5, Ai Quoc Ward, Hai Duong City, Hai Duong Province. It belongs to the Northern key economic region of Vietnam.

Does this industrial park have transportation advantages?

Nam Sach Industrial Park has a favorable location, being close to important transportation routes such as National Highway 5, National Highway 17, the North-South railway, and Noi Bai Airport.

What is the scale and infrastructure of Nam Sach Industrial Park?

Nam Sach Industrial Park covers an area of approximately 433 hectares, with modern infrastructure such as transportation systems, electricity, water, telecommunications, and wastewater treatment.

What are the main industries in this industrial park?

The main industries in Nam Sach Industrial Park include automotive manufacturing, electronic components, textiles, mechanical engineering, and supporting industries.

Does Nam Sach Industrial Park have great development potential?

Nam Sach Industrial Park has substantial development potential, with abundant human resources and competitive labor costs. Its investment incentive policies and favorable business environment also attract investors.

What investment incentives does Nam Sach Industrial Park offer?

Nam Sach Industrial Park applies many incentives, such as tax exemptions/reductions, land support, and provision of infrastructure services at preferential prices.

How is the business environment in this industrial park?

The business environment in Nam Sach Industrial Park is favorable, with a synchronous transportation system and complete infrastructure meeting production and business needs.

What notable investment projects have been attracted to Nam Sach Industrial Park?

Nam Sach Industrial Park has attracted many large projects, such as Hanwa Vietnam Co., Ltd., Kowa Vietnam Co., Ltd., and Sanoh Vietnam Co., Ltd.

What investment collaboration opportunities are available at Nam Sach Industrial Park?

Nam Sach Industrial Park offers numerous investment collaboration opportunities. Its location, incentive policies, and favorable business environment attract both domestic and foreign investors.