Ky Hung Industrial Cluster in Ha Tinh Province

Ky Hung Industrial Cluster is located in the key economic region of Ha Tinh. It is seen as a bright spot in the industrial development landscape. Its geographical location, modern infrastructure, and favorable investment environment have attracted many enterprises. Domestic and foreign businesses have invested in this industrial cluster, contributing to the economic growth of the area.

Key Points

Favorable geographical location, developed road and waterway transportation

Modern infrastructure that effectively meets production needs

Key industries such as food processing and construction material production

Favorable investment environment with incentives and abundant human resources

Great potential for future development

Geographical Location of Ky Hung Industrial Cluster

Ky Hung Industrial Cluster is situated in Kỳ Anh District, Ha Tinh Province. This is a strategic location with many advantages. The area is surrounded by majestic mountains and clear rivers, creating not only natural beauty but also many economic development opportunities.

Particularly Favorable Geographic Area

Ky Hung has abundant natural resources. The climate is temperate with adequate rainfall, creating an ideal production environment for the industrial and agricultural processing sectors.

Developed Road and Waterway Transportation

Ky Hung I.C has a developed road and waterway transportation system. It is located near the North-South axis, connecting to important transportation routes. The nearby Ngàn Sâu River facilitates the transportation of goods via waterways.

Geographical location of Ha Tinh

History of Formation and Development

Ky Hung Industrial Cluster in Ha Tinh Province has developed strongly since its establishment in 2010, experiencing 10 years of growth. It is now an important industrial center of the province. Previously an agricultural area, Ky Hung I.C has transformed into a highlight of the province, thanks to favorable policies and modern infrastructure. Today, this industrial cluster attracts many enterprises operating in various fields such as food processing and construction material production, which helps boost the socio-economic development of the province.

Over the past 10 years, Ky Hung I.C has achieved significant milestones, affirming its important role in the local economy. With the efforts of enterprises and support from the government, this industrial cluster is poised for further development.

Year	Event
2010	Ky Hung Industrial Cluster was established
2012	Infrastructure was completed, attracting business investments
2015	The number of enterprises increased, diversifying industries
2020	The industrial cluster achieved impressive growth, becoming a key industrial center

Ky Hung I.C has become a successful model of socio-economic development in Ha Tinh Province, providing many job opportunities and improving the lives of local residents.

Modern Infrastructure

Ky Hung I.C in Ha Tinh Province has built modern infrastructure, meeting the needs of enterprises. This is a competitive advantage that attracts investors.

Advanced Water Supply and Wastewater Treatment Systems

The industrial cluster is equipped with clean water supply and modern wastewater treatment systems, ensuring sufficient clean water for production and meeting wastewater treatment standards. Advanced technology ensures efficient operation while minimizing environmental impact.

Electricity Supply System Meeting Production Needs

Ky Hung I.C has a modern electricity supply system, ensuring stable and continuous power supply to meet the energy needs of enterprises, facilitating production.

With modern infrastructure meeting industrial production requirements, Ky Hung I.C is an attractive destination for investors. It is a favorable location in Ha Tinh Province.

Key Industries of Ky Hung Industrial Cluster

Ky Hung Industrial Cluster in Ha Tinh Province is experiencing strong growth as a center for many important industries. The two main sectors are food processing and construction material production.

Food Processing Industry

The food processing industry is developing rapidly in Ky Hung, with many large companies choosing it as their investment destination. This creates numerous job opportunities for local residents.

Products include processed foods, canned goods, and dried and frozen agricultural products.
Sao Việt Food Company and Ha Tinh Food Production Joint Stock Company operate effectively.
This sector meets domestic demand and exports high-quality products.

Construction Material Production Industry

The construction material production industry is also significant in Ky Hung. The area has advantages in raw materials and location, becoming a center for high-quality construction material production.

Product	Notable Enterprises
Ceramic Tiles	Ha Tinh Ceramic Joint Stock Company
Cement Products	Sông Lam Cement Joint Stock Company
Fibro-Cement Roofing Sheets	Ha Tinh Building Materials Manufacturing LLC

The construction material production sector in Ky Hung contributes to construction development, aiding Ha Tinh Province and surrounding areas.

Favorable Investment Environment

Ky Hung Industrial Cluster in Ha Tinh Province is attracting many investors. Its strategic geographical location offers many advantages. This industrial cluster has a good investment environment and attractive incentive policies.

Attractive Investment Incentives

Local authorities have established an attractive incentive policy system, including:

Corporate income tax exemptions and reductions for up to 10 years
Up to 50% support for infrastructure costs
Land lease exemptions and reductions for up to 15 years
Efficient one-stop administrative services

Abundant Human Resources

Ky Hung Industrial Cluster benefits from a diverse workforce with competitive labor costs. There are many universities, colleges, and vocational training centers to meet the needs of businesses.

Index	Ky Hung	National Average
Percentage of Workforce with University Degree or Higher	35%	24%
Average Labor Cost	5,000,000 VND/month	7,000,000 VND/month

Due to its good investment environment and human resources, Ky Hung I.C is attracting many investors, who see it as an ideal investment destination.

Future Development Potential

Ky Hung I.C in Ha Tinh Province is seizing development opportunities. Its geographical location and modern infrastructure attract many investors, making it increasingly developed.

Ky Hung I.C has the foundation for robust development. The construction material and food processing sectors can expand, supported by abundant raw materials and stable product quality, enabling enterprises to scale up production.

Collaboration with research and training centers helps the industrial cluster access new technologies, enhancing product quality and creating new products that meet diverse market demands.

Development Potential	Solutions
Expand production in core industries	– Leverage raw material advantages – Enhance competitiveness
Apply modern technology	– Collaborate with research and training centers – Modernize production processes

Ky Hung I.C has advantages and appropriate development orientations, with confidence in achieving significant success in the future, promoting the socio-economic growth of Ha Tinh Province.

Role of the Industrial Cluster in the Local Economy

Ky Hung Industrial Cluster plays a vital role in the economic development of Ha Tinh Province. It boasts a favorable geographical location, modern infrastructure, and investment incentive policies that attract many investors.

The development of the industrial cluster has created job opportunities for local residents, reducing unemployment rates and improving living standards. Industries such as food processing and construction material production not only generate revenue but also promote the development of related sectors.

Ky Hung I.C also attracts investment projects, increasing budget revenues. This not only brings direct benefits to Ha Tinh Province but also enhances its position and role in the national economy.

Index	2020	2021	2022
Revenue	5.2 trillion VND	6.7 trillion VND	7.8 trillion VND
Workforce	12,500 people	14,800 people	16,200 people
Budget Contributions	580 billion VND	680 billion VND	760 billion VND

Ky Hung I.C has made significant contributions to the socio-economic development of Ha Tinh Province, providing tangible benefits to local residents.

Ky Hung I.C is not only a growth driver for Ha Tinh Province but also a vibrant example of collaboration and connectivity between the government and enterprises to promote sustainable development.

Conclusion

Ky Hung Industrial Cluster in Ha Tinh Province is experiencing strong growth. It has a favorable geographical location and modern infrastructure. The key sectors are food processing and construction material production.

This is a place that attracts many investors, and favorable policies and abundant human resources make this industrial cluster appealing. It has great potential for development in the future.

Ky Hung I.C plays an important role in the local economy, not only developing the industry but also driving economic growth. With many opportunities, this industrial cluster will help the area develop even more robustly.

Index	2020	2021	2022
Total Revenue	2.5 trillion VND	3.0 trillion VND	3.5 trillion VND
Number of Enterprises	45	50	55
Workforce	8,000	9,000	10,000

Other Industrial Parks

FAQ

What is the geographical location of Ky Hung Industrial Cluster?

Ky Hung I.C is located in Kỳ Anh District, Ha Tinh Province. This location is very favorable, as it is close to Vũng Áng Port, an important port in central Vietnam. The industrial cluster is also near National Route 1A and expressways, facilitating transportation development.

What is the history of formation and development of Ky Hung I.C?

Ky Hung I.C was established in 2010 with the goal of attracting investment in processing and production. Over the years, this industrial cluster has developed strongly, contributing to the economic growth of Ha Tinh. Many domestic and foreign enterprises have chosen this industrial cluster for investment.

How is the infrastructure of Ky Hung I.C?

Ky Hung Industrial Cluster has been developed with modern infrastructure. The clean water supply and wastewater treatment systems meet modern standards, ensuring a sufficient clean water source for production. The electricity system is also designed to provide adequate and stable power, meeting the needs of factories.

What are the main industries of Ky Hung Industrial Cluster?

The main industries of Ky Hung Industrial Cluster are food processing and construction material production. Many domestic and foreign enterprises have invested in these fields, leveraging advantages in raw materials, labor, and infrastructure.

Is the investment environment at Ky Hung Industrial Cluster favorable?

The investment environment at Ky Hung I.C is very favorable. Local authorities have enacted many incentive policies regarding taxes, land, and infrastructure support. Ha Tinh Province also has abundant human resources suitable for business needs.

What is the future development potential of Ky Hung I.C?

Ky Hung I.C has a strategic position, modern infrastructure, and a favorable investment environment, making it expected to develop strongly in the future. Investors are interested in this industrial cluster, especially in the fields of food processing and construction material production.

What role does Ky Hung Industrial Cluster play in the local economy?

Ky Hung Industrial Cluster plays a significant role in the socio-economic development of Ha Tinh. It is a growth driver, creating job opportunities, attracting investments, and contributing to the local budget. Products from this industrial cluster also promote the development of other economic sectors such as trade, services, and exports.