Long Giang Industrial Park in Tien Giang Province
Long Giang Industrial Park, located in Tien Giang Province, is a growing economic center. Its advantageous geographical location, modern infrastructure, and investment incentives have attracted many investors. This makes it an ideal destination for both domestic and foreign investors.
Key information about Long Giang Industrial Park:
- Strategic location, close to major cities and important transportation routes
- Modern and comprehensive infrastructure that meets the needs of businesses
- Attractive investment incentives, creating a favorable business environment
- Abundant and high-quality workforce, with a scale of 540 hectares
- Focus on key industries such as mechanical engineering, electronics, and textiles
Geographic Location of Long Giang Industrial Park
Long Giang I.P is located in Tân Lập 1 Commune, Tân Phước District, Tien Giang Province, Vietnam. This location is ideal, 30 km from Mỹ Tho City and 85 km from Ho Chi Minh City, offering convenient conditions for business and transportation.
Transportation and Logistics
The area has various transportation modes, including road, waterway, and railway. This makes it well connected to major economic centers, providing excellent conditions for logistics and goods transportation.
Distance to Major Cities
- Approximately 30 km from Mỹ Tho City
- Approximately 85 km from Ho Chi Minh City
The geographical location and developed transportation system are significant advantages of Long Giang I.P, attracting many investors.
The strategic location combined with modern infrastructure are key factors that make Long Giang I.P an attractive destination for investors.
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History of Formation and Development
Long Giang Industrial Park was established in 2005. Over the past 15 years, it has grown continuously, becoming an attractive destination for many domestic and foreign businesses.
During its development, Long Giang I.P has attracted numerous investors, which has accelerated the economic growth of Tien Giang Province. Many large companies have invested here, expanding their production and business activities.
Long Giang I.P is not only an attractive destination but also a hub for many key industries, contributing to the economic development of Tien Giang Province.
Its strategic location, modern infrastructure, and investment incentives have helped Long Giang I.P grow, contributing to the economic growth of Tien Giang Province.
Long Giang I.P is known not only for its advantageous location but also for its potential and strengths in attracting investment.
Abundant Workforce
Long Giang I.P benefits from an abundant labor force. Tien Giang Province has a large population with a high proportion of young, skilled workers. This meets the needs of both domestic and foreign investors.
Attractive Investment Incentives
The investment incentives provided by the local government also attract businesses. Tax, infrastructure, and business support incentives create an attractive investment environment.
| Potential | Strengths |
| Strategic location | Abundant labor force |
| Attractive incentives | Modern infrastructure |
| Rapid development | Competitive operating costs |
With its potential and strengths, Long Giang I.P is attracting many investors and has become an appealing destination in the region.
Key Industries in Long Giang Industrial Park
Long Giang Industrial Park has attracted many businesses operating in industries such as electronic component manufacturing, textiles, food processing, and the production of plastic and rubber products. These key products contribute significantly to the economic development of Tien Giang Province.
In the electronics industry, Long Giang I.P produces circuit boards, electronic components, and industrial equipment. The textile companies here meet the growing demand for exports. The food processing industry, with products like fish sauce, beverages, and confectionery, is also thriving.
Additionally, Long Giang I.P attracts investors in the production of plastic and rubber products. Items such as packaging, plastic pipes, footwear, and automotive parts contribute to job creation and economic growth.
| Industry | Main Products | Role in Economic Contribution |
| Electronics | Circuit boards, electronic components, industrial equipment | Meeting production and export demand |
| Textiles | Garments, clothing | Job creation, increasing export revenue |
| Food processing | Fish sauce, beverages, confectionery | Developing locally branded products |
| Plastic and rubber product manufacturing | Packaging, plastic pipes, footwear, automotive parts | Creating added value, boosting economic growth |
Introduction to Long Giang Industrial Park in Tien Giang Province
Long Giang I.P was established to attract both domestic and foreign investors with the goal of promoting the socio-economic development of Tien Giang Province. This industrial park was built to modern standards, meeting the needs of businesses.
Located in a convenient area, Long Giang I.P features a well-developed road and waterway transportation system, making it easy to connect to major cities. This is a significant advantage in attracting businesses to the park.
Long Giang I.P has invested in comprehensive infrastructure, meeting the needs of investors with systems for electricity, water, and waste treatment. Investment incentives from local authorities further enhance the attractiveness of Long Giang I.P.
Long Giang I.P creates an ideal investment environment for investors and businesses looking to expand their production and business operations in Tien Giang.
With its outstanding advantages, Long Giang I.P is poised to attract many investors in the future.
Modern Infrastructure
Long Giang I.P was designed with modern and comprehensive infrastructure, creating an ideal environment for business and production. Companies can operate efficiently here.
The transportation and utility systems are equipped with advanced technology, meeting the essential needs of production.
Comprehensive Transportation System
Long Giang I.P is connected to a multi-modal transportation system, including:
- Road: The internal roads within the industrial park are built wide and ensure smooth traffic flow.
- Rail: There is a railway connection to major routes, facilitating the transportation of goods.
- Waterway: Located near the Tien River, the industrial park has an inland waterway port for transport.
Electricity, Water Supply, and Waste Treatment
Long Giang I.P is equipped with modern infrastructure for electricity, water supply, and waste treatment:
- Stable electricity supply that meets the production needs of factories.
- Clean water supply from both surface and groundwater sources.
- Wastewater and solid waste treatment systems that meet environmental standards.
With modern infrastructure, a comprehensive transportation system, and essential utilities, Long Giang I.P provides an ideal environment for production, business, and logistics.
Favorable Investment Environment
Long Giang I.P in Tien Giang Province offers a very favorable investment environment. Investors benefit from numerous attractive incentives. The industrial park also provides comprehensive business support services, making it an excellent choice for those looking to expand their operations in Vietnam.
Attractive Investment Incentives
Long Giang Industrial Park offers many investment incentives that enable businesses to thrive. Some key incentives include:
- Corporate income tax exemption/reduction for up to 10 years
- Support with land and infrastructure
- Land rent reductions of up to 50% for the first 11 years
- Support for building factories and facilities for production
Comprehensive Business Support Services
Long Giang I.P also provides comprehensive business support services, creating favorable conditions for investors. These support services include:
- Investment consultation and support with investment procedures.
- Administrative procedure assistance to help investors complete necessary paperwork.
- Market information provision, labor resources, and business opportunities.
- Organizing trade promotion activities and connecting businesses.
The strength of Long Giang I.P lies in its combination of a favorable investment environment, attractive incentives, and comprehensive business support services. This makes it an ideal destination for investors.
Long Giang I.P creates an optimal investment environment with attractive incentives and comprehensive business support services. It is an ideal choice for investors in Vietnam.
Notable Projects
Long Giang I.P has attracted numerous investment projects from major corporations. These reputable investors have enhanced the park’s status.
Some notable projects include:
- Panasonic Co., Ltd. – a leading global electronics manufacturer
- Pou Yuen Co., Ltd. – a major footwear supplier
- Taekwang Vina Co., Ltd. – a large-scale textile company
- Chutex Co., Ltd. – a manufacturer of fashion and household products
| Company Name | Industry | Investment Scale |
| Panasonic Co., Ltd. | Electronics manufacturing | Over $100 million |
| Pou Yuen Co., Ltd. | Footwear manufacturing | Over $200 million |
| Taekwang Vina Co., Ltd. | Textile manufacturing | Over $150 million |
| Chutex Co., Ltd. | Fashion and household product manufacturing | Over $50 million |
These notable projects not only drive local economic growth but also affirm Long Giang I.P’s position in attracting reputable investors.
Future Development Plans
Long Giang Industrial Park aims to become a dynamic industrial hub, attracting investment from Tien Giang Province. To achieve this, they plan to implement various infrastructure expansion and upgrade projects in the future.
The industrial park will attract new investors and expand the scale of existing businesses. This will help diversify industries, boost the economy, and create job opportunities for local residents.
With these ambitious plans, Long Giang I.P believes it will be a key growth driver, helping Tien Giang Province thrive in the future.
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FAQ
Where is Long Giang Industrial Park located?
Long Giang I.P is located in Tien Giang Province, specifically in Tân Lập 1 Commune, Tân Phước District, Vietnam. It is a dynamic economic center.
What facilities does Long Giang I.P offer?
The industrial park features a well-developed transportation system, including convenient road, waterway, and railway access. Additionally, the park is equipped with modern infrastructure.
How has Long Giang I.P developed over time?
Long Giang I.P was established in 2005. Over the past 15 years, the park has attracted many businesses, contributing to the economic development of Tien Giang Province.
What are the strengths and potential of Long Giang Industrial Park?
The industrial park boasts numerous strengths, including an abundant workforce and attractive investment incentives.
What are the main industries in Long Giang Industrial Park?
The industrial park attracts various industries, including electronic component manufacturing, textiles, food processing, and the production of plastic and rubber products.
What business support services are available at Long Giang Industrial Park?
The park offers services such as investment consultation and assistance with administrative procedures, making it easier for investors to operate.
What notable investment projects are present at Long Giang I.P?
The industrial park has attracted major investment projects from companies like Panasonic Co., Ltd., Pou Yuen Co., Ltd., and Taekwang Vina Co., Ltd.
What are the future development plans for Long Giang I.P?
The industrial park has ambitious development plans aimed at becoming a dynamic industrial hub. Expansion projects and new investments will help drive future growth.
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