Tang Loong Industrial Zone in Lao Cai Province
Tang Loong Industrial Zone is an important industrial development center in Lao Cai Province. It has a prime location, modern infrastructure, and attractive incentive policies. Therefore, this industrial zone is attracting many domestic and international investors.
Key highlights include:
- Strategic location, close to raw material sources and consumption markets
- Modern infrastructure, meeting development need
- Attractive investment incentive policies, helping to reduce business costs
- Abundant and quality human resources, supporting effective production
- Transparent investment environment, with clear administrative procedures
Geographical Location of Tang Loong Industrial Zone
Tang Loong Industrial Zone is located in Phu Nhuan Commune and Tang Loong Town, Bao Thang District, Lao Cai Province, near the border with China. This location provides businesses with advantages in transportation and logistics.
Prime Area for Transportation and Logistics
Tang Loong I.Z has a modern transportation system, including roads, railways, and air routes. This makes the transportation of goods easier, increasing logistics efficiency.
Proximity to Raw Material Sources and Consumption Markets
This area is close to large raw material supply sources and consumption markets. This creates opportunities for businesses to produce and trade, helping to optimize costs and increase competitiveness.
The strategic geographical location of Tang Loong creates useful connections between resources and markets, driving development for businesses operating here.
With advantages in geographical location, transportation, and logistics, Tang Loong I.Z is an ideal location. It is near raw material sources and consumption markets, helping businesses grow.
Introduction to Tang Loong Industrial Zone in Lao Cai Province
Tang Loong Industrial Zone was established to become the industrial center of Lao Cai Province. Located in the northern key economic region, this industrial zone attracts businesses from both domestic and international markets. Industries such as agricultural, forestry, and fishery processing, supporting industries, electronics, mechanics, and construction materials manufacturing receive incentives.
Tang Loong I.Z has a favorable geographical location, modern infrastructure, and incentive policies. This makes it an ideal destination for investors looking to expand production and business in Lao Cai Province.
Criteria | Value |
Total Area | 600 ha |
Occupancy Rate | 70% |
Number of Businesses | 120 |
Total Investment | 3.5 billion USD |
Tang Loong I.Z has many advantages such as geographical location and modern infrastructure. It also benefits from investment incentives from local authorities. Businesses investing here have opportunities to access quality human resources and modern business support services.
Tang Loong I.Z is not just a production site but also a dynamic working environment that connects the business community.
Tang Loong I.Z is affirming its position as an attractive investment destination in Lao Cai Province. It contributes to promoting industrial and economic development in the region.
Scale and Modern Infrastructure
Tang Loong I.Z is located in Lao Cai Province. It is designed on a large area with a systematic layout. This industrial zone meets modern standards.
Highways, railways, and airports create a diverse transportation system, along with advanced technical infrastructure such as electricity, water, wastewater treatment, and telecommunications. This facilitates easy operation and expansion for businesses.
Large Area and Systematic Design
Tang Loong I.Z has a vast area, ensuring sufficient space for businesses to grow. The design is meticulously laid out, ensuring systematic organization and aesthetics. The working environment created is modern and dynamic.
Advanced Transportation System and Technical Infrastructure
Tang Loong I.Z has a diverse transportation system:
- Highways connecting to major economic centers
- Railways integrated into the national transport network
- An airport located 30 km from the industrial zone, meeting transportation needs
The industrial zone is also equipped with modern technical infrastructure:
- Stable electricity and water supply systems
- Wastewater treatment and waste management systems complying with environmental standards
- Modern telecommunications network, serving communication and information needs
These key factors help businesses operate effectively and expand in Tang Loong I.Z.
Preferred Fields and Industries
Tang Loong Industrial Zone attracts many businesses. They operate in agricultural, forestry, and fishery processing, supporting industries, electronics, mechanics, and construction materials manufacturing. These sectors help develop the industrial field in Lao Cai Province by leveraging raw material sources and geographical advantages.
Tang Loong I.Z prioritizes investment projects in the following fields:
- Agricultural, forestry, and fishery processing
- Supporting industries (component and accessory manufacturing)
- Electronics and electrical equipment manufacturing
- Mechanical manufacturing and machinery fabrication
- Construction materials manufacturing
These industries have great potential and align with the industrial development orientation of Lao Cai Province. Tang Loong I.Z has advantages in resources and infrastructure.
Tang Loong I.Z is constructed to attract businesses in key sectors, promoting industrial development in Lao Cai Province.
The zone has advantages in geography and modern infrastructure. It aims to attract many investors in priority industries, contributing to the economic growth of Lao Cai Province.
Incentive and Investment Support Policies
Tang Loong Industrial Zone in Lao Cai Province has implemented many incentive policies that help reduce financial burdens and promote business development.
Tax and Fee Incentives
Tang Loong I.Z offers numerous tax and fee incentives. Companies are exempt from corporate income tax for the first 2-4 years. After that, they benefit from a 50% tax reduction. They also enjoy exemptions on land use fees, basic construction fees, and other charges.
Land and Basic Construction Support
Tang Loong I.Z also provides support regarding land and basic construction. Businesses are prioritized in choosing suitable land. They also receive support for infrastructure such as roads, water, and electricity.
These incentive and support policies are crucial motivations for businesses to choose Tang Loong I.Z as their investment location.
Favorable Investment Environment
Tang Loong Industrial Zone in Lao Cai Province stands out not only for its location and infrastructure. The investment environment here is also very attractive. Key highlights include:
- Abundant and quality human resources
- Transparent legal system and administrative procedures
Lao Cai has a rich labor force with highly skilled personnel and a strong work ethic. Tang Loong I.Z attracts skilled labor, meeting the demands of businesses.
The legal system and administrative procedures are very transparent, making it easy for investors to carry out procedures. This transparency creates reassurance and trust for businesses when choosing Tang Loong.
Due to its advantages in human resources and legal framework, Tang Loong I.Z attracts many investors, both domestic and international, choosing Lao Cai Province as their investment destination.
Future Development Potential
Tang Loong Industrial Zone has a favorable geographical position, modern infrastructure, and attractive incentive policies. This helps the industrial zone become a key industrial center of Lao Cai Province in the future.
Plans for Expansion and Upgrade
The leadership of Tang Loong I.Z is developing plans to expand the area and upgrade infrastructure to meet the increasing demands of investors.
In the coming years, the industrial zone will significantly increase in area. The transportation system, utilities, and services will be improved, enhancing competitiveness and attractiveness.
Opportunities for Regional Cooperation and Linkages
- Tang Loong I.Z is actively building connections with neighboring areas, creating synergies in development.
- New collaboration opportunities in logistics, supply chains, and distribution will emerge, enhancing business efficiency for enterprises.
- Regional linkages help Tang Loong maximize advantages regarding raw materials, labor, and consumption markets, boosting the industrial zone’s development potential.
With expansion, upgrades, and regional cooperation, Tang Loong I.Z will continue to affirm its position. This area will become an important industrial center of Lao Cai Province, contributing to the socio-economic development potential of the region.
Conclusion
Tang Loong Industrial Zone in Lao Cai Province is attracting many investors due to its favorable location, modern infrastructure, incentive policies, and transparent investment environment. This industrial zone significantly contributes to the industrial development of the province.
The advantages of location, infrastructure, and incentive policies make Tang Loong appealing. Investors seeking to expand production and business are turning to this area. With its development plans, this industrial zone will continue to grow, contributing to the local economic growth.
Overall, Tang Loong I.Z is a bright spot in Lao Cai Province, opening up many cooperation and development opportunities for domestic and international businesses.
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FAQ
Where is Tang Loong Industrial Zone located?
Tang Loong Industrial Zone is located in Phu Nhuan Commune and Tang Loong Town, Bao Thang District, Lao Cai Province, adjacent to China.
What geographical advantages does Tang Loong I.Z have?
Tang Loong I.Z has a modern transportation system, including roads, railways, and air routes. It is close to raw material sources and large consumption markets.
What is the scale and infrastructure of Tang Loong I.Z?
Tang Loong I.Z is vast, with modern design and a diverse transportation system, equipped with advanced technical infrastructure such as electricity, water, wastewater treatment, and telecommunications.
Which sectors and industries does Tang Loong Industrial Zone prioritize?
Tang Loong Industrial Zone attracts businesses in agricultural, forestry, and fishery processing, as well as supporting industries, electronics, mechanics, and construction materials manufacturing.
What investment incentives and support does Tang Loong Industrial Zone offer?
Tang Loong I.Z provides various incentives, including tax breaks, fee exemptions, land support, and basic construction assistance.
What are the advantages of the investment environment in Tang Loong I.Z?
Tang Loong I.Z has abundant, quality human resources, a transparent legal system, and administrative procedures, creating a favorable investment environment.
What are the future development plans for Tang Loong I.Z?
Tang Loong Industrial Zone plans to expand and upgrade infrastructure while establishing linkages with neighboring areas, creating new cooperation opportunities.