Lac Thinh Industrial Park in Hoa Binh Province

Lac Thinh Industrial Park attracts many investors in Hoa Binh Province. Its strategic location, modern infrastructure, and incentive policies make this area important. It serves as a driving force for local industrial and economic development.

Notable Points

Strategic location, convenient transportation, and infrastructure.

Modern infrastructure that meets investors’ demands.

Attractive incentive and investment support policies.

Significant potential for developing key industries.

Important contributions to the economic development of Hoa Binh Province.

Prime Location of Lac Thinh Industrial Park

Lac Thinh Industrial Park is located in Lac Thinh Commune, Yen Lac Commune, Hang Tram Town, Yen Thuy District, Hoa Binh Province. This area shines in Hoa Binh Province, situated in a key economic region with advantages in transportation and infrastructure. This facilitates businesses’ production and trade.

Advantages in Transportation and Infrastructure

Lac Thinh I.P connects with the road, rail, and waterway transportation systems. It is close to important transportation hubs such as highways, seaports, and airports. This enhances regional connectivity and logistics convenience.

The industrial park has modern technical infrastructure that meets the production needs of businesses, including a reliable supply of electricity and water, as well as telecommunications.

Economic Development Potential of the Region

With its strategic location and complete infrastructure, Lac Thinh I.P is expected to promote the socio-economic development of the area. It attracts businesses in manufacturing, processing, and logistics, creating jobs for local residents.

Lac Thinh I.P stands out in Hoa Binh with its strategic location and modern infrastructure.

Vị trí địa lý tỉnh Hoà Bình

History of Formation and Development

Lac Thinh Industrial Park was established in 2010 with the goal of attracting investment and developing industry in Hoa Binh Province. Since then, this industrial park has grown rapidly and attracted many investors.

The formation of Lac Thinh I.P is seen as a significant opportunity, promoting economic and industrial growth in the province. Its strategic location, convenient transportation, and modern infrastructure make this industrial park attractive.

Lac Thinh I.P has become a crucial driving force for the socio-economic development of Hoa Binh Province. It is experiencing robust growth and contributing to a vibrant economic landscape with great potential for Hoa Binh Province. This industrial park continues to affirm its importance in the industrialization and modernization process.

Overview of Lac Thinh Industrial Park in Hoa Binh Province

Lac Thinh Industrial Park was built to attract businesses to invest in Hoa Binh Province. It features a strategic location, modern infrastructure, and attractive incentives, helping it become a new industrial center in the province that draws domestic and foreign investors.

Lac Thinh I.P has many advantages:

Convenient location, close to the economic, political, and major transportation centers of Hoa Binh Province.
Modern technical and transportation infrastructure that meets production and business needs.
Attractive policies regarding land, taxes, and business support services.
An abundant and quality labor force suitable for industrial business demands.

Due to its location, infrastructure, and policies, Lac Thinh I.P is an attractive investment destination that contributes to the socio-economic development of Hoa Binh Province.

Criteria	Lac Thinh Industrial Park
Location	Lac Thinh Commune, Yen Lac Commune, Hang Tram Town, Yen Thuy District, Hoa Binh Province
Area	220 hectares
Infrastructure	Synchronized, modern, meets production needs
Incentive Policies	Land, tax incentives, business support

With these outstanding advantages, Lac Thinh I.P is attracting investments and contributing to the industrial and socio-economic development of Hoa Binh Province.

Scale and Modern Infrastructure

Lac Thinh I.P, located in Hoa Binh Province, has been planned and developed on a large scale. This area covers over 260 hectares and is divided into various functional zones to meet business needs.

Area and Functional Zoning

Lac Thinh I.P is divided into areas with specific functions, optimizing the space available. The main zones include:

Industrial production area.
Service and trade area.
Warehousing and logistics area.
Auxiliary areas and technical infrastructure.

Modern Transportation and Technical Infrastructure

Lac Thinh I.P features a modern transportation and technical infrastructure system that meets the business needs of enterprises. Notable highlights include:

Item	Details
Transportation	– Internal roads ranging from 12-25 meters wide. – Main roads connecting to major traffic routes. – Ensuring convenient circulation for cargo transport.
Technical Infrastructure	– Systems for electricity, water supply, stormwater drainage, and wastewater treatment. – Telecommunications, fire protection, and security camera systems. – Ensuring stable provision of necessary utilities.

With an impressive area and synchronized transportation and technical infrastructure, Lac Thinh Industrial Park creates a modern business and production environment. This attracts investors and enterprises.

Industries and Investing Enterprises

Lac Thinh Industrial Park has attracted many investment businesses from various fields. Key industries include:

Industrial production, machinery manufacturing, and equipment.
Food and beverage processing.
Logistics, warehousing, and cargo handling.
Information technology, electronics, telecommunications.
Textiles and leather goods.

Several leading enterprises have chosen to invest in Lac Thinh, including:

Samsung Electronics Vietnam Co., Ltd.
Panasonic Vietnam Co., Ltd.
Viet Tien Garment Joint Stock Company.
Hung Yen Leather Shoes Co., Ltd.
Vietrans Logistics Co., Ltd.

These companies are promoting development in Lac Thinh and creating job opportunities for local workers. Lac Thinh is becoming one of the most attractive industrial parks in Hoa Binh, drawing interest from both domestic and foreign enterprises.

Potential and Development Prospects

Lac Thinh Industrial Park in Hoa Binh Province has many competitive advantages that open up development prospects for enterprises.

Competitive Advantages of the Industrial Park

This industrial park is strategically located along an important transportation route, facilitating easy access to raw materials, cargo transportation, and labor movement.

The modern, synchronized infrastructure enhances competitiveness and attracts investors.

Future Development Orientation

Lac Thinh I.P aims to become the industrial center of Hoa Binh Province, targeting the attraction of numerous enterprises in technology, manufacturing, and logistics. This direction will unleash potential and create new development prospects, boosting the province’s economic growth.

Potential	Competitive Advantages	Development Orientation
– Strategic location	– Access to raw materials	– Industrial center
– Modern infrastructure	– Goods transportation	– Attracting investments in technology, manufacturing, and logistics

Lac Thinh I.P will become a new driving force for economic growth in Hoa Binh Province in the future.

Investment Incentives and Support Policies

Lac Thinh Industrial Park, located in Hoa Binh Province, offers not only a favorable location but also modern infrastructure and attractive investment incentives and support policies. These policies create a conducive business environment that promotes enterprise development.

To attract investors to Lac Thinh I.P, local authorities have implemented many incentives, including:

Exemptions and reductions on corporate income taxes for the first years.
Exemptions and reductions on land rent during the initial phase.
Support for administrative procedures and investment permits.
Investment in developing technical infrastructure and transportation.
Providing business support services, logistics, and workforce training.

With these investment incentives and support policies, Lac Thinh I.P attracts numerous enterprises seeking to invest and develop production.

The incentive policies at Lac Thinh I.P play a crucial role in attracting companies to invest here, contributing to the development of Hoa Binh Province.

The Role of the Industrial Park in the Economic Development of the Province

Lac Thinh Industrial Park serves as an essential foundation for the development of Hoa Binh Province. The enterprises here create many jobs and increase local income, attracting new investments and helping the region grow.

Lac Thinh I.P creates a modern industrial environment where enterprises produce and process high-value products. This contributes to economic growth and enhances the competitiveness of the province.

The industrial park also attracts foreign investment, with many large corporations choosing to establish factories here. They not only invest but also help transfer technology and enhance skills for the workforce.

Lac Thinh I.P is becoming increasingly important for Hoa Binh Province, providing a driving force for local growth and enhancing regional competitiveness.

Conclusion

Lac Thinh Industrial Park is becoming an attractive destination for investors. Its favorable geographic location, modern infrastructure, and incentive policies are significant factors contributing to the strong development of this industrial park, boosting the local economy.

Lac Thinh I.P attracts many enterprises to invest, leading not only to economic growth but also to job opportunities for workers. Its location, infrastructure, and incentives are substantial advantages.

The development orientation of Lac Thinh I.P is clear, promising to continue attracting both domestic and foreign investors. This will lead to robust growth in the future.

Other industrial zones

FAQ

What is special about the location of Lac Thinh Industrial Park?

Lac Thinh I.P is located in Lac Thinh Commune, Yen Lac Commune, Hang Tram Town, Yen Thuy District, Hoa Binh Province. It is close to highways, seaports, and airports, facilitating logistics and transportation.

When was Lac Thinh I.P established, and how has it developed?

Lac Thinh I.P was established in 2010 with the goal of attracting investment and developing industry. Since then, it has rapidly developed and attracted many investors.

What is the scale and infrastructure of Lac Thinh I.P?

Lac Thinh I.P spans 220 hectares and is divided into production, warehousing, and service areas. It has modern transportation, electricity, water, and telecommunications systems.

Which industries and enterprises are attracted to Lac Thinh I.P?

Lac Thinh Industrial Park attracts various enterprises involved in manufacturing, processing, logistics, and technology, making it a preferred investment location for both domestic and foreign companies.

What are the potential and development prospects of Lac Thinh Industrial Park?

With its strategic location and modern infrastructure, Lac Thinh I.P has numerous competitive advantages. It aims to become the industrial center of Hoa Binh Province, attracting industries in technology, manufacturing, and logistics.

What incentive and support policies does Lac Thinh I.P offer?

Lac Thinh I.P has various incentive policies, including exemptions and reductions on taxes and land rental, support for administrative procedures, and investment in infrastructure. These create a conducive business environment that attracts investors.

What is the role of Lac Thinh I.P in the economic development of Hoa Binh Province?

Lac Thinh Industrial Park plays an essential role in the province’s economic development by creating jobs, increasing local income, attracting new investments, and contributing to the region’s growth.