Xeo Ro Industrial Park in Kien Giang Province

Xeo Ro Industrial Park is an important industrial development center in Kien Giang Province. It has a strategic geographical location and modern infrastructure. This area is located near the international border gate and international seaport, facilitating investment and attracting businesses.

Key Highlights of Xeo Ro Industrial Park

Strategic location near international border gates and seaports

Modern infrastructure that meets the needs of investors

Attractive investment incentive policies

Abundant labor supply and domestic and export markets

Favorable business environment supported by investment

Geographical Location of Xeo Ro Industrial Park

Xeo Ro Industrial Park is located in Hung Yen Commune, An Bien District, Kien Giang Province. This is a strategic and favorable location. The industrial park is close to international border gates and international seaports, creating good conditions for import and export activities.

Advantages of Geographical Location

Xeo Ro Industrial Park has many advantages:

Situated in Rach Gia City, the economic, political, and cultural center of Kien Giang Province.
Close to international border gates, facilitating trade and import-export of goods.
Only a few kilometers away from the international seaport, making it easy to access regional and global markets.
Connected to a well-developed transportation network of roads, waterways, and airways, ensuring the smooth transport of goods.

Due to its geographical location, Xeo Ro Industrial Park is attracting many investors, both domestic and foreign.

Criteria	Description
Location	Located in Hung Yen Commune, An Bien District, Kien Giang Province
Distance	Just a few kilometers from the international border gates and seaport
Transportation Links	Connected to a developed transportation system of roads, waterways, and airways

The strategic location of Xeo Ro Industrial Park is one of the key factors contributing to attracting investors from both domestic and foreign markets.

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History of Formation and Development

Xeo Ro Industrial Park was established in 2005. Over more than 15 years of development, the industrial park has expanded and improved its infrastructure, attracting many enterprises.

The goal of the industrial park is to promote industry and attract investment. Throughout its history, this industrial park has made continuous efforts, establishing itself as an attractive investment environment.

Xeo Ro Industrial Park was established in 2005.
Its main goal is to promote industrial development and attract investment to Kien Giang.
Over the past 15 years, the industrial park has continually expanded and improved its infrastructure.
Xeo Ro Industrial Park has attracted numerous domestic and foreign enterprises to invest in prioritized sectors.

The historical process of formation and development of Xeo Ro Industrial Park demonstrates the efforts of Kien Giang Province to create an attractive investment environment, contributing to the local socio-economic development.

Introduction to Xeo Ro Industrial Park in Kien Giang Province

Scale and Infrastructure Amenities

Xeo Ro Industrial Park, located in Kien Giang Province, covers an area of 210.54 hectares. The infrastructure system is modern and fully meets the needs of enterprises, including transportation, electricity, water supply, telecommunications, and wastewater treatment.

Priority Sectors for Investment Attraction

Xeo Ro Industrial Park focuses on attracting investment in the following sectors:

Agricultural processing
Electronics manufacturing
Mechanical engineering
Garment production

Enterprises in these sectors will benefit from incentives from the Management Board. This helps to develop the scale of Xeo Ro Industrial Park and its infrastructure, while also attracting additional priority investment sectors.

Sector	Potential	Incentives
Agricultural Processing	Advantages in raw material from agriculture	Exemption from import tax on machinery and equipment
Electronics Manufacturing	Abundant labor force, competitive labor costs	Corporate income tax incentives
Mechanical Engineering	Increasing demand for components and spare parts	Support for training and developing human resources
Garment Production	Experience and tradition in garment manufacturing	Incentives for land prices and infrastructure utilities

Xeo Ro Industrial Park has the potential to become an attractive investment destination, with its advantages in infrastructure and attractive incentive policies.

Management Unit and Incentive Policies

Xeo Ro Industrial Park is managed by the Xeo Ro Industrial Park Management Board, which is part of the Kien Giang Department of Industry and Trade. They provide investment incentive policies and facilitate investors.

The Management Board of Xeo Ro Industrial Park aims to attract investment by establishing incentive policies, such as:

Tax incentives
Land support
Infrastructure and service support
Other policies facilitating business operations

The management unit of Xeo Ro Industrial Park also supports investors by providing information and guidance, enhancing the investment environment in the industrial park.

Projects and Businesses in Operation

Xeo Ro Industrial Park has attracted many large enterprises. The main sectors include agricultural processing, electronics, mechanical engineering, and garment production. This is where many important projects operate.

Prominent companies here include:

ASANZO Electronics Manufacturing Co., Ltd. – A leading manufacturer of household electronics in Vietnam
Vietnam Garment Co., Ltd. – A reputable garment exporter
Yen Sao Kien Giang Food Processing Co., Ltd. – A producer and exporter of high-quality bird’s nest products

These companies have contributed to local economic development by creating jobs and attracting new investments.

Potential and Investment Opportunities

Xeo Ro Industrial Park in Kien Giang Province is attracting many investors. Its favorable geographical location, developed infrastructure, and incentive policies are significant strengths that create substantial investment potential for investors.

Abundant Labor Supply

Xeo Ro Industrial Park boasts a plentiful and quality labor supply. Kien Giang Province has a population of over 1.7 million people, providing a young, dynamic workforce that is well-trained.

This helps enterprises here have advantages in labor costs, enabling them to compete better in the market.

Expansive Consumer Market

Companies in Xeo Ro Industrial Park can leverage the vast domestic consumer market, with Vietnam having over 98 million inhabitants. The proximity to international border gates and seaports opens up export opportunities to potential international markets.

The location, infrastructure, and labor supply are all advantages for Xeo Ro Industrial Park, presenting significant opportunities for businesses to develop and expand.

Business Environment and Investment Support

Xeo Ro Industrial Park in Kien Giang Province is proud to offer a favorable business environment. Companies here benefit from various incentives, including exemptions and reductions in taxes, land rents, and numerous support services from the Management Board.

Investment Incentives Include:

Exemption or reduction of corporate income tax
Incentives for land rents and infrastructure rental
Support for building and developing technical and social infrastructure
Assistance with business establishment, registration, and operations
Other support services such as consulting, training, and trade promotion

The expert team from the Xeo Ro Industrial Park Management Board is always ready to assist, helping investors implement their projects quickly and effectively.

The transparent business environment and comprehensive investment support policies at Xeo Ro Industrial Park are key factors attracting many domestic and foreign investors to Kien Giang.

Role of the Industrial Park in Local Economic Development

Xeo Ro Industrial Park plays a crucial role in the development of Kien Giang Province. The enterprises here create numerous job opportunities, increase production value, and contribute to GDP. They also support the local budget through taxes and fees.

Xeo Ro Industrial Park significantly aids local economic development. The enterprises create jobs, enhance income levels, and improve the quality of life for residents.

The industrial park is essential for attracting investment, generating employment, and boosting GDP for Kien Giang Province.

Businesses in Xeo Ro Industrial Park also contribute to the local budget by paying taxes and fees, increasing financial resources for local authorities. These funds are used to invest in infrastructure, public services, and improve the lives of residents.

The role of Xeo Ro Industrial Park in local economic development is vital. It not only increases GDP but also creates jobs and income for the government, helping improve the lives of the people.

Conclusion

Xeo Ro Industrial Park in Kien Giang is a significant industrial development center. It has a strategic geographical location and modern infrastructure. Its attractive incentive policies have drawn many large enterprises, promoting the industrial and economic development of the province.

In the future, Xeo Ro Industrial Park will continue to attract numerous investors. Its location, infrastructure, and incentive policies provide advantages for attracting many projects, boosting economic growth, and creating jobs for the local population.

Xeo Ro Industrial Park plays a crucial role in the socio-economic development of Kien Giang. With its achieved successes, this industrial park will remain a shining point, driving industrialization and modernization in the province in the future.

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FAQ

Where is Xeo Ro Industrial Park located?

Xeo Ro Industrial Park is located in Rach Gia City, Kien Giang Province. This location is very convenient, close to international border gates and international seaports.

When was Xeo Ro Industrial Park established?

Xeo Ro Industrial Park has been established and operational since 2005, aiming to promote industrial development and attract investment to Kien Giang Province.

What is the size of Xeo Ro Industrial Park?

Xeo Ro Industrial Park covers an area of approximately 210.54 hectares. This area has modern infrastructure, including transportation, electricity, water, telecommunications, wastewater treatment, and other utilities.

What are the priority investment sectors at Xeo Ro Industrial Park?

The priority investment sectors at Xeo Ro Industrial Park include agricultural processing, electronics manufacturing, mechanical engineering, and garment production.

Who manages Xeo Ro Industrial Park?

Xeo Ro Industrial Park is managed by the Xeo Ro Industrial Park Management Board, which is under the Kien Giang Department of Industry and Trade.

Which enterprises have been attracted to Xeo Ro Industrial Park?

Xeo Ro Industrial Park has attracted many large enterprises, such as ASANZO Electronics Manufacturing Co., Ltd., Vietnam Garment Co., Ltd., and Yen Sao Kien Giang Food Processing Co., Ltd.

What incentives and support does Xeo Ro Industrial Park offer to investors?

Xeo Ro Industrial Park provides a favorable business environment with investment incentives, including tax exemptions, land rent reductions, infrastructure support, and various services from the Management Board.

What is the role of Xeo Ro Industrial Park in local economic development?

Xeo Ro Industrial Park plays an important role in the industrial and economic development of Kien Giang Province. The operations of businesses here create numerous jobs, increase industrial production value, and contribute to the local GDP.