Introduction to Song Than I Industrial Park in Binh Duong Province

Song Than 1 I.P Industrial Park is located in the Southern Key Economic Region. It has become prominent in the industrial development of Binh Duong Province. With a strategic location, modern infrastructure, and preferential policies, this industrial park attracts many investors.

Key Benefits of Song Than 1 I.P Industrial Park:

  • Favorable geographical location, close to major economic centers and multi-modal transport connections
  • Synchronised and modern infrastructure meeting the needs of businesses
  • Attractive investment incentives contributing to improved business environment
  • Good living and working conditions for employees
  • Important role in promoting socio-economic development of Binh Duong Province

Geographical Location of Song Than 1 I.P Industrial Park

Song Than 1 I.P Industrial Park is located in Di An Town, Binh Duong Province. This location has advantages in transportation, being surrounded by major roads. This facilitates logistics and connectivity with neighboring areas.

Transportation and Logistics Advantages

This industrial park is about 17 km from Ho Chi Minh City. It takes only 30 minutes to reach Tan Son Nhat International Airport. This helps businesses easily access markets and international partners.

  • Convenient connections with main roads such as Hanoi Highway, National Highway 13, National Highway 1A
  • Near Cai Mep – Thi Vai Port, one of the largest deep-water ports in Southeast Asia
  • The area also has a railway system connecting to neighboring provinces and Northeast Vietnam
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Development of Surrounding Infrastructure

Song Than I Industrial Park is surrounded by modern infrastructure. This creates favorable conditions for sustainable investment and development by businesses.

Infrastructure Description
Transport Infrastructure Highways, railways, seaports, airports
Public Utilities Electricity, water, telecommunications, wastewater treatment
Support Services Banking, postal services, healthcare, education, housing

Geographical location and strong infrastructure make Song Than 1 I.P Industrial Park an attractive destination for investors.

Scale and Utilities of the Industrial Park

Song Than 1 I.P Industrial Park in Binh Duong Province is large in scale. It is fully equipped with modern utilities to meet the needs of businesses. This area spans over 335 hectares, creating a dynamic and efficient business environment.

Outstanding Utilities of Song Than I Industrial Park Include:

  • A synchronised transportation system with wide roads conveniently connecting to neighboring areas.
  • A network of modern infrastructure fully meeting the demands for electricity, water, and telecommunications.
  • Support services for businesses such as dining facilities, medical centers, schools, banks, post offices, and other utilities.
  • Spacious warehouses for loading and unloading goods, meeting the logistics needs of businesses.

Song Than I Industrial Park is fully equipped with utilities. It creates a modern and productive working environment. This place attracts many investors, both domestic and foreign.

Utility Description
Transportation A wide road system, conveniently connected to neighboring areas.
Infrastructure Fully providing electricity, water, and telecommunications to meet business operations.
Support Services Amenities such as dining facilities, medical centers, schools, banks, post offices.
Logistics Spacious warehouses for loading and unloading goods, convenient for logistics activities.

Fields of Activity and Investing Enterprises

Song Than I Industrial Park in Binh Duong Province is developing strongly. Many large multinational companies have chosen this as their headquarters. The five main industries here are:

  • Electronics and components manufacturing
  • Textile and garment manufacturing
  • Consumer goods manufacturing
  • Automotive and parts manufacturing
  • Supporting industries and logistics

List of Some Major Enterprises Operating

Many large enterprises are active in Song Than I Industrial Park. Some notable names include:

Company Name Field of Activity Country of Origin
Samsung Electronics Electronics Manufacturing South Korea
Panasonic Electronics Manufacturing Japan
Yazaki Automotive Components Manufacturing Japan
Piaggio Motorcycle Manufacturing Italy

Song Than I Industrial Park attracts many large corporations due to its strategic location and investment incentives. This helps the region develop strongly.

Introduction to Song Than 1 I.P Industrial Park in Binh Duong Province

Song Than 1 I.P Industrial Park is located in Binh Duong Province. It is a bright spot in Vietnam’s industry. The strategic location and modern infrastructure of this park attract many enterprises.
This industrial park is about 30 km north of Ho Chi Minh City. It is one of the most dynamic industrial parks. Many domestic and foreign investors have been attracted here.

Utility Details
Area 178 hectares
Operating Enterprises Over 300 enterprises
Labor Approximately 200,000 workers
Utilities Synchronised infrastructure, services

Song Than I Industrial Park attracts many large enterprises. It also attracts many leading multinational corporations. The development of this area is due to the preferential policies and support from local authorities.

The strategic location, modern infrastructure, and favorable business environment make Song Than I Industrial Park stand out. It is a bright spot in industrial investment in Vietnam.

Investment Incentive Policies at the Industrial Park

Song Than I Industrial Park in Binh Duong Province offers many investment incentives. This helps attract investors to seven key industrial sectors. These policies include:

Tax and Fee Incentives

  • Exemption from corporate income tax for the first 2-4 years
  • 50% reduction in corporate income tax for the next 4-6 years
  • Exemption or reduction of certain fees related to establishment and investment operations

Infrastructure Investment Support

Song Than I Industrial Park also provides support for infrastructure construction. This helps attract investors. Businesses benefit from the following:

  1. Support for land clearance
  2. Support for the construction and improvement of transportation systems, electricity and water supply…
  3. Priority for developing essential infrastructure projects in the area

With incentives and investment support, Song Than I Industrial Park creates a good business environment. This makes the seven industrial sectors here attractive.

Business Environment and Worker Life

Song Than I Industrial Park, Binh Duong Province, not only attracts businesses but also provides a good quality of life for thousands of workers. The favorable business environment, along with diverse utilities and services, creates a productive and satisfying working environment.

Productive and Satisfying Working Environment

The enterprises in Song Than 1 I.P Industrial Park pay attention to the welfare and satisfaction of workers. They provide good salaries, insurance, and social benefits. At the same time, they organize various cultural, sports, and recreational activities to enhance the spiritual and physical life of workers.

Modern Infrastructure and Utilities

Song Than I Industrial Park has a modern infrastructure and utility system. Dining areas, shopping centers, health institutes, schools, and entertainment areas are built right in the area. This creates favorable conditions for the living and daily activities of workers.

Workforce Support Policies

  • Local authorities and enterprises in Song Than I Industrial Park have implemented many support policies. The goal is to attract and retain talents.
  • Training and skill development for workers.
  • Support for housing, facilities, and utility services for workers and their families.

With a favorable business environment, modern utility systems, and good workforce support policies, Song Than I Industrial Park is becoming an ideal destination. It attracts both businesses and workers.

Future Development Plans for the Industrial Park

Song Than 1 I.P Industrial Park is developing strongly. The leadership is planning to expand and upgrade. They want to meet the growing needs of businesses.

Scale Expansion

Song Than I Industrial Park currently covers about 366 hectares. In the future, the area will increase to approximately 500 hectares. This will provide more clean land and modern infrastructure for new businesses.

Utility and Infrastructure Upgrades

To enhance services, the leadership will invest in improving utilities. They will:

  • Expand and improve the transportation system and internal roads
  • Upgrade the water supply, electricity supply, and wastewater treatment systems
  • Build additional housing areas, commercial centers, and public service facilities
  • Improve security, surveillance, and healthcare services

These improvements will create a better environment for businesses and workers.

With development plans, Song Than I Industrial Park will attract many large businesses. They will come here to operate and grow.

Role of the Industrial Park in the Economy of Binh Duong Province

Song Than 1 I.P Industrial Park plays an important role in the economic development of Binh Duong Province. It not only creates many jobs but also attracts ten large enterprises to invest. This helps the local economy to grow robustly.

This industrial park creates job opportunities for local residents. More than ten enterprises operate here, creating thousands of jobs. This helps reduce the unemployment rate and improve the living standards of the people.

At the same time, the industrial park attracts foreign investment. Large enterprises not only generate income for the locality but also develop various industries. This enhances competitiveness and adds value to the provincial economy.

Song Than I Industrial Park plays a key role in the process of industrialization and modernization of Binh Duong Province, contributing to the socio-economic development of the locality.

Song Than I Industrial Park has an important role in the economic development of Binh Duong Province. It creates jobs and attracts foreign investment. This helps the local economy grow, improve the living standards of the people, and develop comprehensively.

Conclusion

Song Than 1 I.P Industrial Park is a bright spot in Binh Duong Province. It plays a vital role in economic development. With its strategic location and modern infrastructure, this industrial park has attracted many large enterprises.

Investment incentive policies and a favorable business environment have created its appeal. This industrial park not only brings economic benefits but also promotes the sustainable development of the province.

With expansion plans and infrastructure upgrades, Song Than I will continue to affirm its position. It will help strengthen Binh Duong Province’s position on the global investment and business map.

Index Value
Total Area 178 hectares
Occupancy Rate 95%
Number of Operating Enterprises 160
Annual Revenue 8.5 billion USD
Number of Workers 120,000

Song Than I Industrial Park plays a key role in the socio-economic development of Binh Duong Province. With its achievements, this industrial park will continue to be a bright spot. It will promote the sustainable development of the province and the country.

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FAQ

What is the geographical location of Song Than I Industrial Park?

Song Than I Industrial Park is located in Binh Duong Province, near Ho Chi Minh City and the seaports. It has a good transportation system, including highways, railways, and seaports. This makes the industrial park favorable for logistics and import-export activities.

What is the scale and utility of Song Than I Industrial Park?

Song Than I Industrial Park covers about 178 hectares. It has many utilities such as office areas, housing areas, service areas, shopping centers, schools, hospitals, banks, and entertainment areas. This improves the working and living environment here.

What are the fields of activity and major enterprises in Song Than 1 I.P Industrial Park?

Song Than I Industrial Park attracts many sectors such as processing, manufacturing, electronics, mechanics, textiles, and logistics. There are many large enterprises such as Sony Electronics Vietnam, Panasonic Vietnam, Daikin Vietnam, Denso Vietnam, Foci Vietnam…

What investment incentives does Song Than 1 I.P Industrial Park offer?

Song Than I Industrial Park offers many incentive policies. They exempt corporate income tax, reduce import tax, and waive land use fees. They also support infrastructure development, creating conditions for businesses to operate.

What are the future development plans for Song Than I Industrial Park?

Song Than I Industrial Park will expand its area and upgrade its utilities. They will build more office areas, housing areas, commercial centers, and recreational facilities… This will create a better environment, attracting more businesses.