Tan Truong Industrial Park in Hai Duong Province

Key Highlights

• Strategic location with convenient transportation connections.
• Modern infrastructure with comprehensive utility systems.
• Attractive incentive policies for investors.
• Strengths in manufacturing and construction industries.
• Favorable investment and business environment with good development prospects.

Geographical Location of Tan Truong Industrial Park

Tan Truong Industrial Park is located at AH14, Tan Truong, Cam Giang, Hai Duong. It is approximately 25 km north of Hai Duong City. This location provides many advantages for businesses.

Where is Tan Truong Industrial Park Located?

Tan Truong Industrial Park is situated in the heart of Hai Duong Province. It is close to essential transportation routes such as National Highway 5, the North-South railway, and Cat Bi Airport. This location enables businesses to connect easily with transportation and access markets.

Transportation Connectivity to Tan Truong Industrial Park

• Located just 5 km from National Highway 5, providing convenient connections to major routes.
• Approximately 10 km from the North-South railway, enhancing cargo transportation capacity.
• Near Cat Bi Airport (Hai Phong), only about 35 km away, facilitating import and export activities.

With its favorable geographical position and synchronized transportation connections, Tan Truong Industrial Park becomes an attractive destination for businesses seeking to access both domestic and international markets.

Vị Trí Địa Lý Hải Dương

Overview of Tan Truong Industrial Park in Hai Duong Province

Tan Truong Industrial Park is an important industrial center in Hai Duong Province. It was established in 2006. With an area of 198.06 hectares, it is a large and modern industrial park.

This industrial park has been developed to become a clean industrial center, focusing on manufacturing and construction. Many domestic and foreign enterprises have chosen this location for their factories, driving economic growth.

Tan Truong Industrial Park is a key area contributing to the socio-economic development of Hai Duong. It creates jobs and improves the livelihoods of workers.

Formation and Development Process of the Industrial Park

Tan Truong Industrial Park is located in Hai Duong Province and has developed strongly over the past 15 years. It was established in 2006, with the goal of attracting industrial projects.

The development process of Tan Truong Industrial Park is divided into three phases:

1. Initial Phase (2006 – 2010): The industrial park was constructed and went into operation, attracting its first industrial projects.
2. Development Phase (2011 – 2015): The number of enterprises increased rapidly, and the land area used expanded.
3. Mature Phase (2016 – Present): The industrial park completed its infrastructure, attracting many large investment projects and becoming an attractive destination for investors.

Tan Truong Industrial Park has become a driving force for the industrial development of Hai Duong Province. The local government and investors have continuously invested and made efforts to ensure its development, making it a highlight in the history of industrial development in Hai Duong.

Modern Infrastructure at Tan Truong Industrial Park

Tan Truong Industrial Park is constructed with modern infrastructure that meets all production needs of enterprises. This enhances its appeal and convenience for investors.

Synchronized Transportation System

Tan Truong Industrial Park connects to a modern road and railway transportation system. This facilitates the easy movement of raw materials and products, optimizing time and logistics costs.

Comprehensive Electricity and Water Supply Systems

Tan Truong Industrial Park has a complete electricity and water supply system, which assures businesses of reliable production capabilities. Investors can also feel secure when setting up factories and production workshops here.

Modern infrastructure is one of the competitive advantages of Tan Truong Industrial Park, helping attract both domestic and foreign investors.

Attractive Incentives and Policies

The local government has implemented many incentive policies to attract investment in Tan Truong Industrial Park. These benefits help reduce costs and create a favorable investment environment, attracting many domestic and foreign investors.

Incentive Policies at Tan Truong Industrial Park Include:

• Exemptions and reductions in corporate income tax for the first few years of investment.
• Support for production premises with preferential rental prices and lease terms.
• Assistance with land, infrastructure, and reducing investment costs.
• Other policies such as support for training and recruiting human resources.

Thanks to these attractive investment incentives, Tan Truong Industrial Park has attracted many large projects, creating a favorable investment environment.

The investment incentive policies at Tan Truong Industrial Park are key factors for attracting both domestic and foreign investors. With tangible benefits, Tan Truong Industrial Park is becoming an appealing destination for investors seeking opportunities to develop production in Hai Duong.

Key Industries at Tan Truong Industrial Park

Tan Truong Industrial Park in Hai Duong Province attracts many projects focusing on manufacturing and construction industries. These sectors drive the development of Tan Truong Industrial Park.

Manufacturing Sector

This industrial park attracts numerous manufacturing projects that produce electronic components, automobiles, and machinery. Factories here specialize in processing, assembly, and manufacturing high-end industrial products.

Construction Sector

Tan Truong Industrial Park also attracts many construction projects that produce building materials, plastic pipes, and metal doors. These products serve the construction industry, contributing to infrastructure development.

The leading manufacturing industries at Tan Truong Industrial Park attract numerous projects, energizing this industrial area.

Favorable Business Investment Environment

Tan Truong Industrial Park in Hai Duong Province provides a good investment and business environment for enterprises. Businesses looking to expand their industrial production will find this park to be an excellent choice.

The infrastructure here is built synchronously and modernly, meeting investor needs. Convenient transportation and stable electricity and water supply systems facilitate easy production and business operations.

The local government offers attractive investment incentives, including tax exemptions, land support, and infrastructure assistance. This attracts many businesses, particularly large industrial projects, to Tan Truong Industrial Park.

The investment environment at Tan Truong Industrial Park is indeed a significant competitive advantage, enabling effective and sustainable production expansion.

The advantages of infrastructure and support policies make Tan Truong Industrial Park an ideal destination, asserting its position in the industrial investment and business environment in Vietnam.

Future Development Potential

With its strategic position, modern infrastructure, and attractive incentive policies, Tan Truong Industrial Park is expected to expand further. It will attract many foreign investment projects, boosting the socio-economic development of Hai Duong Province.

Expansion Plans

The management board of Tan Truong Industrial Park is developing plans for phases 2 and 3 of expansion. The goal is to increase the area and provide more land lots for new investors, enhancing the attraction for industrial businesses and creating job opportunities.

Attracting Foreign Investment

Tan Truong Industrial Park has been and will continue to attract foreign investment due to its development potential and incentive policies. Foreign investors enjoy tax incentives, infrastructure support, and business assistance services, promising to expand the park’s scale in the future.

Active Businesses in the Industrial Park

Tan Truong Industrial Park in Hai Duong Province attracts many domestic and foreign enterprises mainly in the manufacturing and construction sectors. Some prominent companies here include:

• Samsung Electronics Vietnam Co., Ltd.
• Foxconn Vietnam Co., Ltd.
• Hai Duong Cement Joint Stock Company.

These large enterprises contribute to the growth of Tan Truong Industrial Park, enhancing the economic development of Hai Duong Province.

Contributions of the Industrial Park to the Local Economy

Tan Truong Industrial Park plays a crucial role in the socio-economic development of Hai Duong. The enterprises here create many jobs, helping local residents increase their incomes and improving their quality of life.

Tan Truong Industrial Park is a significant contributor to the budget of Hai Duong Province. Businesses here fulfill their tax obligations effectively, boosting local government revenues.

Tan Truong Industrial Park also promotes the development of supporting industries, creating a vibrant and diverse business ecosystem.

Tan Truong Industrial Park has become a major investment attraction center for Hai Duong Province, positively contributing to the process of industrialization and modernization in the locality.

With its substantial contributions, Tan Truong Industrial Park affirms its important role, promoting the economic contributions of Hai Duong Province and contributing to the comprehensive development of the region.

Conclusion

Tan Truong Industrial Park in Hai Duong Province has become an important industrial production center. Its geographical location and synchronized infrastructure have attracted many investors, helping to promote the socio-economic development of the province.

Tan Truong Industrial Park is expected to continue developing, attracting more foreign enterprises. This will create jobs and improve the living standards of the local population.

The success of Tan Truong Industrial Park brings benefits to Hai Duong and serves as a model for the development of industrial parks, contributing to Vietnam’s economic growth.

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FAQ

Where is Tan Truong Industrial Park located?

Tan Truong Industrial Park is located at AH14, Tan Truong, Cam Giang, Hai Duong. It is about 25 km north of Hai Duong City.

How is the transportation connectivity of Tan Truong Industrial Park?

Tan Truong Industrial Park is near essential transportation routes, such as National Highway 5, the North-South railway, and Cat Bi Airport in Hai Phong. This enhances connectivity and market access.

What is the scale of Tan Truong Industrial Park?

It has a scale of 198.06 hectares, making it one of the largest and most modern industrial parks in Hai Duong Province.

How is the infrastructure of Tan Truong Industrial Park?

Tan Truong Industrial Park is constructed with modern infrastructure, including road and railway transportation systems, electricity, and water supply. This fully meets the production needs of enterprises.

What attractive incentives and policies does Tan Truong Industrial Park offer?

Tan Truong Industrial Park applies many attractive incentive policies, such as tax exemptions and reductions, support for production premises, and infrastructure assistance.

What are the leading manufacturing sectors in Tan Truong Industrial Park?

The leading manufacturing sectors in Tan Truong Industrial Park focus on the manufacturing industry, such as electronic components, automobiles, machinery, and construction materials.

How favorable is the investment business environment at Tan Truong Industrial Park?

Tan Truong Industrial Park provides a favorable investment business environment due to its modern infrastructure, attractive incentive policies, and proactive support from the local government.

What is the development potential of Tan Truong Industrial Park in the future?

With its strategic location, modern infrastructure, and attractive incentive policies, Tan Truong Industrial Park is expected to continue expanding and attract more foreign investment projects in the future.

What companies are operating in Tan Truong Industrial Park?

Tan Truong Industrial Park attracts many domestic and foreign enterprises, such as Samsung Electronics Vietnam Co., Ltd., Foxconn Vietnam Co., Ltd., and Hai Duong Cement Joint Stock Company.

How has Tan Truong Industrial Park contributed to the local economy?

Tan Truong Industrial Park plays a vital role in promoting the socio-economic development of Hai Duong Province by creating jobs, increasing local residents’ incomes, and boosting the provincial budget revenue.