Nhuan Trach Industrial Park in Hoa Binh Province

Nhuan Trach Industrial Park in Hoa Binh Province is a modern industrial center in Northwest Vietnam. Its strategic location, developed infrastructure, and attractive incentives have drawn numerous investors. Nhuan Trach is becoming increasingly important within the Hoa Binh industrial sector.

Key Points to Note

The strategic location of Nhuan Trach Industrial Park in Hoa Binh Province

Modern infrastructure catering to the production needs of enterprises

Attractive investment incentives in Hoa Binh industrial park

A favorable business investment environment with legal support and administrative procedures

Development potential in priority industries at Nhuan Trach Industrial Park

Geographical Location of Nhuan Trach Industrial Park

Nhuan Trach Industrial Park is located in Nhuan Trach Commune, Luong Son District, Hoa Binh Province, only about 70 km from Hanoi. At the same time, the industrial park is close to major cities such as Son La, Lao Cai, and Lai Chau.

This creates significant transportation advantages, allowing enterprises easy connectivity to major economic centers.

Convenient Transportation Advantages

Nhuan Trach Industrial Park is surrounded by a synchronized transportation system. It connects with neighboring provinces and cities through:

Noi Bai – Lao Cai Highway
National Route 6 and National Route 12
Provincial and local roads

As a result, businesses in Nhuan Trach Industrial Park can easily transport raw materials and goods, facilitating both domestic deliveries and exports.

Strategic Location Near Major Cities

Nhuan Trach Industrial Park is situated among important economic and political centers, including Hanoi, Son La, Lao Cai, and Lai Chau. This makes the industrial park an ideal site for businesses.

Companies can access a plentiful labor force and easily develop consumer markets, which helps them enhance production efficiency.

Vị trí địa lý tỉnh Hoà Bình

History of Formation and Development

Nhuan Trach Industrial Park is a crucial location for the industrial development of Hoa Binh Province. Established in 2007, the park has grown rapidly, becoming an important industrial hub.

Initially, Nhuan Trach Industrial Park experienced rapid growth in scale and the number of investment projects. Its strategic location and favorable transportation conditions have attracted many investors, promoting local industrial development.

Government agencies and enterprises have made continuous efforts, leaving a mark on the socio-economic development of Hoa Binh Province. Today, this industrial park is a bright spot contributing to local prosperity.

Modern Infrastructure of Nhuan Trach Industrial Park

Nhuan Trach Industrial Park boasts a modern infrastructure system that meets the production needs of enterprises. Transportation and utilities such as electricity and water are stable.

Synchronized Transportation System

Nhuan Trach Industrial Park is strategically located, with well-connected roads, railways, and waterways. The Noi Bai – Lao Cai Highway and the Yen Vien – Lao Cai Railway have entrances to the industrial park.

This facilitates the swift transportation of goods and raw materials.

Reliable Electricity and Water Supply

Nhuan Trach Industrial Park invests in modern electricity and water supply systems. Enterprises can be assured of stable utility provisions that meet their production needs.

Utility	Description
Transportation System	Well-connected roads, railways, and waterways
Electricity Supply	Stable power supply meeting production demands
Water Supply	Reliable water supply system

The modern and synchronized infrastructure creates a competitive advantage, making Nhuan Trach Industrial Park a favorable environment for investors.

Overview of Nhuan Trach Industrial Park in Hoa Binh Province

Nhuan Trach Industrial Park is located in Hoa Binh Province, attracting many enterprises. The planned area is 219 hectares and has drawn investments from various sectors.

The main industries attracting investment at Nhuan Trach Industrial Park include:

Agricultural processing
Building materials production
Mechanics
Electronics
Textiles
Other supporting industries

The favorable geographical location and modern infrastructure make Hoa Binh industrial park attractive to both domestic and foreign enterprises. Nhuan Trach Industrial Park is a potential site for industrial development in Hoa Binh.

With numerous incentives and opportunities for investors, Nhuan Trach Industrial Park has competitive advantages and a favorable investment environment, establishing itself as a safe and effective destination for businesses.

Industrial Development Potential at Nhuan Trach Industrial Park

Nhuan Trach Industrial Park in Hoa Binh Province boasts a favorable geographical location, modern infrastructure, and attractive investment incentives, making it an ideal destination for investors.

This industrial park has significant industrial development potential, particularly in priority industries.

Priority Industries for Investment Attraction

The main industries in Nhuan Trach Industrial Park include:

Agricultural processing
Building materials production
Mechanics
Electronics
Textiles

Thanks to these prioritized industries, Nhuan Trach Industrial Park attracts many investors. Companies invest in these potential sectors, leveraging advantages related to location, infrastructure, and incentive policies.

Nhuan Trach Industrial Park is becoming a bright spot in the industrial investment landscape of Hoa Binh Province due to its unique advantages.

Attractive Investment Incentives at Nhuan Trach Industrial Park

The government of Hoa Binh Province has facilitated Nhuan Trach Industrial Park by implementing various investment incentive policies. These policies help attract new investors and support business development.

The incentives at Nhuan Trach Industrial Park include:

Exemptions and reductions on corporate income tax for the initial years
Credit support with preferential interest rates
Training and development support for human resources
Assistance regarding infrastructure and land

Thus, Nhuan Trach Industrial Park has become attractive, with many domestic and foreign enterprises investing and developing production here.

Favorable Business Investment Environment

Nhuan Trach Industrial Park features modern infrastructure and attractive incentive policies, providing a favorable business investment environment. Local authorities consistently support businesses in legal and administrative procedures.

As a result, investors can focus on production and business activities with confidence.

Legal Support and Administrative Procedures

The legal and administrative team at Nhuan Trach Industrial Park is always ready to assist. They efficiently handle paperwork, such as licensing, business registration, and tax declarations.

Local authorities also consult and guide enterprises on legal regulations, helping them comply properly and avoid pitfalls.

Criteria	Assessment
Investment Environment	Favorable
Legal Support	Timely and effective
Administrative Procedures	Quick and straightforward

Nhuan Trach Industrial Park is attracting numerous investors looking to expand or launch new projects, thanks to its stable investment environment, legal support, and favorable administrative procedures.

Companies Operating in Nhuan Trach Industrial Park

Nhuan Trach Industrial Park has attracted many large enterprises from both domestic and international markets. Companies like Samsung Electronics Vietnam, Pou Yuen Vietnam, Hoa Binh Construction and Building Materials Joint Stock Company, and Everpia Vietnam have chosen this location for investment, developing their production and business activities.

These renowned brands not only enhance product quality but also create opportunities for other businesses to collaborate and join the global supply chain.

Nhuan Trach Industrial Park benefits from its location and modern infrastructure. Attractive incentive policies also draw many companies to invest here, further stimulating the socio-economic development of Hoa Binh Province.

Other industrial zones

FAQ

Where is Nhuan Trach Industrial Park located?

Nhuan Trach Industrial Park is located in Nhuan Trach Commune, Luong Son District, Hoa Binh Province. Its favorable geographical position connects it with surrounding areas.

When was Nhuan Trach Industrial Park established?

Nhuan Trach Industrial Park was established in 2007 with the goal of becoming an industrial center for Hoa Binh Province.

What infrastructure advantages does Nhuan Trach Industrial Park have?

Nhuan Trach Industrial Park features modern infrastructure, including roads, railways, and waterways, with stable electricity and water supplies for production.

Which industries are prioritized for investment attraction at Nhuan Trach Industrial Park?

Nhuan Trach Industrial Park prioritizes industries such as agricultural processing, building materials production, mechanics, electronics, and textiles.

What are the investment incentives at Nhuan Trach Industrial Park?

The government of Hoa Binh Province offers various incentives, including tax exemptions, credit support, labor training, and other advantages.

What companies are currently operating in Nhuan Trach Industrial Park?

Nhuan Trach Industrial Park attracts many companies, including Samsung Vietnam, Pou Yuen Vietnam, Everpia Vietnam, and several others.