Introduction to Ninh Thuy Industrial Park, Khanh Hoa Province

Ninh Thuy Industrial Park is a bright spot in the industrial development of Khanh Hoa. Located in the southern key economic region, this industrial park significantly contributes to industrial growth. With its strategic position and modern infrastructure, it attracts both domestic and foreign investors.

Key Highlights of Ninh Thuy Industrial Park:

  • Strategic Location: Proximity to major transportation routes.
  • Large Area: Well-planned layout that meets the needs of businesses.
  • Modern Infrastructure: Comprehensive utilities and facilities.
  • Attractive Investment Incentives: Various policies to encourage investment.
  • Favorable Business Environment: Abundant labor resources.

Geographical Location of Ninh Thuy Industrial Park

Ninh Thuy Industrial Park is located along National Route 26B, Mỹ Á village, Ninh Thuy ward, Ninh Hòa town, Khanh Hoa province. This position allows for easy connectivity with Ho Chi Minh City and neighboring provinces.

Close to Key Transportation Routes

The industrial park is near important transportation routes such as National Route 1A, the North-South Railway, and Cam Ranh Port. This facilitates efficient cargo transport and enhances the competitiveness of businesses.

Location Advantages
Within the southern key economic region Convenient connections to major economic centers
Close to major transport routes like National Route 1A, North-South Railway, and Cam Ranh Port Facilitates smooth logistics and goods transportation

The advantageous geographical position of Ninh Thuy I.P attracts numerous businesses, promoting the socio-economic development of Khanh Hoa province and the southern key economic region.

Vị trí địa lý tỉnh Khánh Hoà

Vị trí địa lý tỉnh Khánh Hoà

Overview of Ninh Thuy Industrial Park

Established in 2005, Ninh Thuy Industrial Park covers nearly 900 hectares. This park helps attract businesses and stimulates local socio-economic development. It is one of the key industrial parks in Khanh Hoa, designed to attract industrial enterprises and promote the region’s economic growth.

The industrial park is systematically planned and features modern infrastructure, making it an attractive destination for investors. Its location within the southern key economic region supports transportation, energy, and utility needs.

Scale and Development Potential

Ninh Thuy I.P spans nearly 900 hectares and is well-planned to meet future industrial development needs. The park is divided into various specialized zones, equipped with modern technical and social infrastructure, facilitating investment and operational activities.

Impressive Scale and Outstanding Potential:

  • Area: 207.9 hectares, large enough to attract significant and diverse investment projects.
  • Modern Infrastructure: Fully integrated to meet production and business requirements.
  • Strategic Location: Close to important transportation routes, enhancing logistics and market connectivity.
  • Attractive Investment Policies: Contributing to the development of Ninh Thuy I.P.
Indicator Data
Total Area 207.9 hectares
Occupancy Rate Over 80%
Number of Operating Enterprises More than 100
Total Investment Over 10 trillion VND

With its scale and infrastructure advantages, Ninh Thuy I.P is establishing itself as a prime investment destination in Khanh Hoa.

Sectors of Operation for Enterprises

Ninh Thuy I.P attracts various businesses operating in sectors such as electronics, mechanical engineering, textiles, food processing, and wood products. This diversity fosters vibrant development driven by both domestic and international companies.

Distribution of Enterprises in Ninh Thuy I.P:

  • Electronics Production: 30%
  • Mechanical Engineering: 25%
  • Textiles: 20%
  • Food Processing: 15%
  • Wood Products: 10%

The diversity of sectors within Ninh Thuy I.P enhances its attractiveness to investors, showcasing the substantial potential for industrial development in Khanh Hoa.

Investment in Modern Infrastructure

Located in the southern key economic region, Ninh Thuy I.P is developed with modern infrastructure that meets the production and business needs of companies.

Convenient Transportation System

Ninh Thuy I.P is connected to important transportation networks, including roads, railways, and ports. The synchronized transportation system within the industrial park facilitates easy movement of raw materials and goods.

Stable Supply of Electricity and Water

The park is equipped with a reliable electricity and water supply system that meets the production demands of enterprises, creating a favorable business environment.

Ninh Thuy I.P has become an ideal destination for businesses due to its modern and comprehensive infrastructure.

Attractive Investment Incentives

Ninh Thuy I.P offers various investment incentives to attract businesses. These policies help reduce taxes and provide support for enterprises in multiple forms.

Tax Incentives and Other Supports

Investors in Ninh Thuy I.P will benefit from tax exemptions and reductions, along with support for production facilities and infrastructure. Administrative procedures are also simplified.

  • Exemption from Corporate Income Tax for 2-4 years
  • 50% reduction in Corporate Income Tax for the subsequent 4-9 years
  • Support for land rental and infrastructure development
  • Assistance with investment procedures and business registration

These attractive policies create a positive investment environment, promoting the development of Ninh Thuy I.P and enhancing the socio-economic growth of Khanh Hoa.

Favorable Business Environment

Ninh Thuy Industrial Park in Khanh Hoa province offers numerous advantages, including its location, modern infrastructure, and high-quality living environment, creating a dynamic business atmosphere.

The favorable business conditions in Ninh Thuy I.P are among its standout features, providing companies with opportunities to grow in a vibrant and potential-rich environment.

Business Environment Advantages Description
Geographical Location Located in the southern key economic region, close to major transport hubs like airports, seaports, and expressways.
Modern Infrastructure Comprehensive systems for transportation, electricity, water, and other services facilitate business operations.
Quality Living Environment Ninh Thuy I.P offers a green, clean space with strong security, providing a comfortable working and living environment for employees.

With these attributes, the business environment in Ninh Thuy I.P has become an attractive destination for investors, serving as a competitive advantage for the region.

Abundant Labor Force

Ninh Thuy I.P benefits significantly from its abundant and skilled labor force. Its proximity to training centers and residential areas allows for easy recruitment of suitable talent. Companies can find a workforce with good vocational skills.

The quality of the labor force in Ninh Thuy I.P is ensured through collaboration between the Khanh Hoa Industrial Park and universities and colleges, guaranteeing both quantity and quality.

  • Abundant, diverse labor from surrounding areas
  • Well-trained workforce meeting investor demands
  • Competitive labor costs compared to other regions

Businesses investing in Ninh Thuy I.P can feel assured about recruiting and training their workforce, as the labor pool here is a significant strength.

Potential for Cooperation and Collaboration

Ninh Thuy Industrial Park, with its strategic position and attractive investment environment, offers numerous opportunities for collaboration with neighboring industrial parks and partners both domestically and internationally. This fosters connectivity, resource sharing, and overall development.

Collaboration with Neighboring Industrial Parks

Being part of the southern key economic region, Ninh Thuy I.P has opportunities to collaborate with nearby industrial parks in Khanh Hoa. Linking with these parks creates connections and facilitates infrastructure and resource sharing, promoting business growth in the area.

Partnerships with Domestic and International Partners

Ninh Thuy I.P also has many opportunities for collaboration with partners both domestically and internationally. Companies here can expand their markets, share experiences, and seek new investment opportunities, contributing to the potential for cooperation in the industrial park.

Type of Cooperation Benefits
Linkage with Neighboring Industrial Parks Enhanced connectivity, resource sharing, and mutual development.
Collaboration with Domestic and International Partners Market expansion, experience sharing, and exploration of new investment opportunities.

With its advantages in location and investment environment, Ninh Thuy I.P is poised for significant collaboration and partnerships, fostering the growth of businesses in the area.

Future Development Orientation

Ninh Thuy Industrial Park in Khanh Hoa province is on the path to considerable development opportunities. The development orientation will focus on upgrading and attracting investments in key sectors such as electronics, mechanical engineering, and logistics.

The local government is formulating strategies to attract investors, ensuring that the future of Khanh Hoa’s industrial park aligns closely with neighboring parks. Expanding collaboration with partners both domestically and internationally is also a key objective.

Investment in modern infrastructure and improving service quality will be priorities for Ninh Thuy I.P. With its favorable geographical position, abundant labor supply, and conducive business environment, this industrial park is set to thrive in the future.

Conclusion

Ninh Thuy Industrial Park in Khanh Hoa province is experiencing robust development. Its advantageous location, modern infrastructure, and attractive investment environment have drawn numerous businesses, contributing to the province’s economic and social growth.

With benefits in location, infrastructure, and investment incentives, the overview of Ninh Thuy I.P shows a very positive outlook. This area possesses significant potential for future development.

Ninh Thuy I.P will continue to be an attractive destination for investors, contributing to economic growth and improving the quality of life for the residents of Khanh Hoa province.

Other industrial zones:

FAQ

Where is Ninh Thuy I.P located?
Ninh Thuy I.P is situated along National Route 26B, Mỹ Á village, Ninh Thuy ward, Ninh Hòa town, Khanh Hoa province. It is part of the southern key economic region.

What advantages does Ninh Thuy I.P have?
Ninh Thuy I.P offers numerous advantages, including a favorable geographical location, modern infrastructure, an attractive investment environment, and abundant labor resources.

What is the area of Ninh Thuy I.P?
Ninh Thuy I.P covers an area of 207.9 hectares and is well-planned to meet the industrial development needs of Khanh Hoa province.

What sectors do businesses in Ninh Thuy I.P operate in?
Businesses in Ninh Thuy I.P operate in various sectors, including electronics, mechanical engineering, textiles, food processing, and wood products.

What investment incentives does Ninh Thuy Industrial Park offer?
Ninh Thuy I.P provides numerous incentives, including tax exemptions/reductions and support for land, infrastructure, and administrative procedures.

Does Ninh Thuy I.P have potential for collaboration with other partners?
Yes, Ninh Thuy I.P offers significant collaboration potential with neighboring industrial parks and partners both domestically and internationally, facilitating business growth.

What is the future development orientation for Ninh Thuy I.P?
In the future, Ninh Thuy I.P will focus on investment, upgrades, and expansions to meet the demands of businesses, particularly in key industrial sectors.