Long My Industrial Park, Binh Dinh Province

Long My Industrial Park is an important industrial zone in Binh Dinh Province, Vietnam. It has a strategic location and modern infrastructure. This industrial park helps attract investment and develop the economy of Binh Dinh Province.

Key Points to Know About Long My Industrial Park:

Convenient location, close to major transport routes and large cities

Large scale and modern infrastructure, meeting development needs

Key industries such as processing, manufacturing, textiles, and leather

Abundant and quality workforce

Attractive investment incentives and support policies

Geographical Location of Long My Industrial Park

Long My Industrial Park is located in Phước Mỹ Commune, Quy Nhơn City, Binh Dinh Province, about 25 km from Quy Nhơn. This location facilitates easy connection to important transport routes, including National Highway 1A, the North-South railway, and Phù Cát Airport.
The industrial park is well-connected to key transport routes, making it convenient for the transportation of goods. Thus, businesses here can quickly access both domestic and international markets.

Convenient Location Near Major Cities

Long My I.P is not only close to important transport routes but also near major cities like Quy Nhơn, Ho Chi Minh City, and Da Nang. This creates favorable conditions for accessing high-quality labor and expanding product markets. The strategic location of Long My I.P is a significant advantage, enabling businesses to capitalize on development potential.

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Scale and Infrastructure of the Industrial Park

Long My Industrial Park is located in the heart of Binh Dinh Province. It is an attractive destination for investors. With an area of over 118 hectares, this industrial park is developing strongly.
The infrastructure of Long My I.P has been modernly invested in, meeting the needs of businesses. The systems for roads, electricity, water, and wastewater treatment all meet high standards.

Investment scale: Over 117 hectares have been filled. Industries such as processing, manufacturing, textiles, and leather are thriving.
Modern infrastructure: The systems for roads, electricity, water, and wastewater treatment are built synchronously, meeting business demands.

Long My I.P has a large investment scale, with modern infrastructure that facilitates production and business.

Key Industries at Long My Industrial Park

Long My I.P in Binh Dinh Province is developing robustly. Many large companies are involved in processing, manufacturing, and textile and leather industries. These sectors are foundational for the growth of this industrial park.

Processing and Manufacturing Industry

Long My attracts many companies in processing and manufacturing. They produce electronic components, mechanical processing, food processing, and wooden products. This is a traditional industry, providing many jobs for local people.

Textile and Leather Industry

The textile and leather industry is also significant at Long My. Many major brands choose this location for production, taking advantage of infrastructure and quality labor. Products from here contribute to increasing Binh Dinh’s export turnover.

Industry	Typical Enterprises	Key Products
Processing and Manufacturing	Bắc Á Electronics Co., Ltd., Binh Dinh Food Processing Joint Stock Company	Electronic components, mechanical processing, food processing
Textile and Leather	Central Textile Co., Ltd., Binh Dinh Leather Co., Ltd.	Garments, footwear

Advantages of Workforce at the Industrial Park

Long My I.P is located in Binh Dinh Province, a region with abundant and quality labor. This makes it easy for businesses to invest in Long My I.P.

Rich Workforce with Many Skilled Workers

Binh Dinh is an important industrial center in Central Vietnam. It has a large number of experienced and skilled workers in industries such as processing, manufacturing, textiles, and leather. This helps investors easily recruit and train personnel to meet the development needs of Long My I.P.

Abundant labor supply from surrounding areas
Many workers with experience and high skills in key industries
Competitive labor costs compared to other provinces

Quality human resources are a key factor that helps businesses at Long My I.P develop sustainably. With its advantages in human resources, Long My I.P attracts many investors, boosting the socio-economic development of Binh Dinh Province.

Introduction to Long My Industrial Park, Binh Dinh Province

Long My Industrial Park is one of the largest and most important industrial parks in Binh Dinh Province. It has significantly contributed to the economic development of the locality. With its strategic location and modern infrastructure, this industrial park develops processing, manufacturing, and textile and leather industries—key sectors for Binh Dinh Province.
Long My I.P was established in 2005. Currently, it is an attractive destination for many domestic and foreign businesses. The advantages of abundant and quality human resources, along with attractive investment incentive policies from local authorities, create a favorable business environment, promoting the industrialization and modernization process of Binh Dinh Province.

Criteria	Information
Area	117 hectares
Key Industries	• Processing and manufacturing
	• Textile and leather
Year Established	2005

Long My I.P in Binh Dinh Province has competitive advantages and a commitment to support investment from local authorities. It is becoming an attractive destination for both domestic and foreign investors. It is expected that this industrial park will continue to expand and complete its infrastructure, contributing to the socio-economic development of Binh Dinh Province.

Incentives and Investment Support Policies

Long My I.P stands out not only for its convenient location but also for its synchronous infrastructure. Attractive investment incentives and support policies are also strengths.

Tax and Fee Incentives

Businesses investing in Long My I.P enjoy many incentives. They receive exemptions and reductions on corporate income tax, import tax, as well as registration fees and other charges.
These incentives help reduce investment costs and increase profits for projects.

Land and Infrastructure Support

Investors receive support regarding land. They are exempted or reduced land lease fees and can extend lease terms.
Long My I.P has a complete infrastructure system, including transport roads, electricity, water, telecommunications, etc. This helps projects implement efficiently, saving time and costs.

With attractive investment incentives and support, Long My I.P is attracting many investors, both domestic and foreign.

The incentive policies at Long My I.P have contributed to attracting many high-value investment projects to Binh Dinh Province.

Favorable Investment Environment at the Industrial Park

Long My I.P is an attractive destination for investors. It has modern infrastructure, attractive policies, and a quality workforce. Long My I.P is an excellent choice for industrial, manufacturing, and logistics projects.
Local authorities at Long My I.P support investors by providing guidance services from investment to production activities. This helps businesses thrive in a favorable environment.

Long My I.P benefits from infrastructure, incentive policies, and a skilled workforce. Support from local authorities and competitive advantages create a favorable investment environment.

Development Potential in the Future

Long My I.P will continue to attract many businesses. Local authorities plan to expand the industrial park, which will aid the area’s development and growth.

Plans for Expansion of the Industrial Park

Long My I.P will be expanded in the future, attracting more businesses and helping the area develop and boost Binh Dinh Province’s economy.

Expanding the area of the industrial park to 500 hectares
Upgrading and completing the infrastructure system
Attracting additional businesses in processing, manufacturing, textiles, and leather

Long My Industrial Park has advantages in location, workforce, and infrastructure. Therefore, the area will continue to develop and serve as a growth driver for Binh Dinh Province’s economy.

Conclusion

Long My Industrial Park in Binh Dinh Province is becoming increasingly important in the economy. It is located near transport routes and major cities, giving it advantages in infrastructure and diverse industries.
Tax policies and land support, along with a quality workforce, create favorable conditions for investment. This attracts many domestic and foreign businesses, aiding sustainable development for Long My I.P.

With its advantages, Long My I.P will continue to grow, reinforcing and expanding its scale. This area will become an attractive destination for investors in the future.

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FAQ

What is the geographical location of Long My Industrial Park?
Long My I.P is located in Phước Mỹ Commune, Quy Nhơn City, Binh Dinh Province, about 25 km from Quy Nhơn. This area connects to National Highway 1A, the North-South railway, and Phù Cát Airport, facilitating the transportation of goods. Its proximity to Quy Nhơn, Ho Chi Minh City, and Da Nang is an advantage for attracting labor and accessing markets.

What is the scale and infrastructure of Long My I.P?
The industrial park covers over 118 hectares, with businesses operating in processing, manufacturing, textiles, and leather. It features modern infrastructure, including transport roads, electricity, water, and wastewater treatment, meeting business demands.

What are the key industries at Long My I.P?
Key industries include processing, manufacturing, and textiles and leather. Many leading companies have invested in this area, creating jobs for thousands of local workers.

What advantages does Long My I.P have regarding human resources?
Binh Dinh has a rich and quality labor supply. Many workers possess skills and experience in key industries, facilitating easy recruitment and training for businesses.

What are the incentive and investment support policies for Long My I.P?
The government and local authorities have issued numerous incentive policies, including exemptions and reductions on corporate income tax, import tax, and registration fees. Investors also receive support regarding land and infrastructure.

What is the investment environment like at Long My I.P?
The industrial park has a favorable investment environment, featuring modern infrastructure, to other provinces

Quality human resources are a key factor that helps businesses at Long My Industrial Park develop sustainably. With its labor advantages, Long My Industrial Park attracts many investors, which boosts the socio-economic development of Binh Dinh Province.