My Thuan Industrial Park, Nam Dinh Province

My Thuan Industrial Park is located in My Thuan Commune, My Thinh District, My Loc County, and Hien Khanh Commune, Vu Ban County, Nam Dinh, Northern Vietnam. This is an attractive investment destination. Its strategic location, modern infrastructure, and favorable policies create opportunities for investors.

Key Points

Strategic location in Northern Vietnam

Modern, synchronous infrastructure

Attractive investment incentives

Numerous potential business opportunities

Contributes to promoting industrial development in the locality

Geographical Location of My Thuan Industrial Park

My Thuan Industrial Park is situated in a favorable geographical location. This provides a competitive advantage. The area is located in the Northern coastal region, making it easy to connect with major economic centers.

Favorable Transportation Conditions

The industrial park is close to important transportation axes such as highways, railways, and seaports. This facilitates the easy transportation of goods and connects to domestic and international markets. Modern transportation means enhance competitiveness.

Favorable Climate and Terrain

The temperate, cool climate year-round and the flat terrain are advantageous for industrial production. This creates favorable conditions for businesses operating in the industrial park.

The combination of geographical location, transportation, and natural conditions creates unique competitive advantages for My Thuan I.P.

Vị trí địa lý tỉnh Nam Định

History of Formation and Development

My Thuan Industrial Park was established in 2005. The goal is to attract industrial investment, helping to develop the socio-economic landscape of Nam Dinh Province. Over time, this industrial park has expanded and modernized, meeting the needs of investors.

Throughout the years, the history of formation and development of My Thuan I.P has recorded many milestones. These events have transformed the area:

2005: My Thuan I.P was officially established to attract industrial investment.
2006 – 2010: The industrial park was expanded, and infrastructure was upgraded.
From 2011 to present: The industrial park has continued to develop with numerous FDI and domestic projects.

My Thuan I.P has a favorable geographical location and synchronous infrastructure. The attractive investment incentives are also a factor attracting many investors. Therefore, this industrial park has become a reliable destination.

Year	Event
2005	My Thuan I.P was established
2006-2010	The industrial park was expanded, and infrastructure was upgraded
2011-present	The industrial park continues to develop with many FDI and domestic projects

Through its development, My Thuan I.P has affirmed its position. It is one of the key industrial parks in Nam Dinh Province. This area has contributed to the history and establishment of many successful enterprises.

Scale and Areas of Operation

My Thuan Industrial Park, located in Nam Dinh Province, attracts many investors. With an area of approximately 158.48 hectares, this industrial park has modern infrastructure. This meets the demands of investors.

Utility Infrastructure

My Thuan I.P is invested in building synchronous infrastructure. It is equipped with full utilities such as:

Modern road and railway transportation systems
Stable supply of electricity and clean water
Telecommunications services and high-speed Internet
Wastewater treatment and waste management systems that meet standards

Key Industries

My Thuan I.P attracts key industries thanks to its location and infrastructure. These industries include:

Textile and garment
Footwear
Electronics
Mechanical engineering
Agricultural product processing

Enterprises in these industries are developing strongly. They contribute to the economic growth of the locality.

Introduction to My Thuan I.P, Nam Dinh Province

My Thuan I.P is an important industrial park in Northern Vietnam. It has a strategic geographical location, modern infrastructure, and attractive investment policies. This creates business opportunities for both domestic and foreign investors.

My Thuan I.P was established in 1997. After more than 20 years, it has continuously developed and improved. Now, it is one of the leading industrial parks in Nam Dinh Province, attracting many businesses for investment.

Advantages of My Thuan Industrial Park

Favorable geographical location, close to major economic centers and Noi Bai International Airport
Modern infrastructure system, well-suited to production and business needs
Attractive investment incentives, such as tax exemptions/reductions and support for production facilities
Comfortable living and working environment with good security

Criteria	Information
Total Area	158.48 hectares
Occupancy Rate	85%
Number of Active Enterprises	150
Total Investment	5.6 billion USD
Total Annual Revenue	2.4 billion USD
Number of Employees	30,000 people

My Thuan I.P has many advantages, attracting investors from both domestic and foreign sources. With sustainable development, this industrial park will continue to be an economic driver for Nam Dinh Province.

Investment Environment and Incentives

My Thuan Industrial Park in Nam Dinh Province has a very attractive investment environment. It also offers investment incentives for investors. With good policies and a favorable business environment, this industrial park attracts many investors.

Investment Incentive Policies

My Thuan I.P offers many incentives:

Exemption/reduction of corporate income tax in the initial years
Support for technical infrastructure and construction of factories
Assistance with land and legal procedures
Other incentives related to electricity, water, logistics, etc.

Favorable Business Environment

The business environment at My Thuan I.P is very favorable:

Active support from local authorities
Effective business support service system
Synchronous and modern infrastructure
Abundant and quality labor supply

My Thuan I.P creates good conditions for investors. With incentives and a favorable business environment, it is an ideal place for investment.

My Thuan I.P is a destination full of potential with attractive incentives and policies, along with a very favorable business environment.

Role of the Industrial Park in Local Economic Development

My Thuan I.P is very important for economic development. It has created thousands of jobs and increased local budget revenues. At the same time, it has also contributed to enhancing the level of industrialization and modernization in the area.

The industrial park has attracted many enterprises. They operate in processing, manufacturing, and service sectors. This creates many stable jobs, helping local workers earn better incomes.

Enterprises in the industrial park also contribute to the provincial budget. They pay taxes and fees, helping the locality invest in development. This revenue is used to improve infrastructure, enhance residents’ living standards, and develop socio-economic conditions.

My Thuan I.P is an important driving force for the local economy. It will become even more significant in the future as the industrial park expands and attracts more investment projects.

Notable Investment Projects in the Industrial Park

My Thuan Industrial Park has attracted many notable investment projects from leading global corporations. These projects not only yield high economic benefits but also enhance the prestige and status of this industrial park.

One of the notable projects in My Thuan is the electronic component manufacturing plant of Samsung. This plant is built on a large scale, utilizing modern technology, and has become one of Samsung’s important manufacturing facilities in Vietnam.

Additionally, this industrial park has attracted investment projects from leading fashion brands such as Adidas. The garment factory of Adidas in My Thuan not only provides jobs for thousands of local workers but also contributes to enhancing the production and export capacity of the region.

Another example of a notable project in My Thuan I.P is the footwear manufacturing plant of Pou Chen Group. This is one of the largest footwear manufacturing plants in Vietnam, supplying products to many major fashion brands worldwide.

In summary, My Thuan I.P has become an attractive investment destination for many multinational corporations. This is due to its geographical advantages, infrastructure, and local investment incentives.

Future Development Plans

The management board of My Thuan Industrial Park has major development plans for the future. They aim to expand the area and attract more new projects. In particular, they focus on the high-tech sector.

Goals and Development Orientation

Expand the area to meet investor demands
Attract new investment projects, especially in high technology
Upgrade infrastructure to create a better business environment
Strengthen connections with neighboring areas for synchronized development

Upcoming Projects

There are many new projects such as logistics centers and production support service zones. These will help the industrial park enhance competitiveness and attract investors.

New Project	Objective	Implementation Progress
Logistics Center	Enhance logistics capacity, support production and import-export	Expected to start construction in 2023
Production Support Service Zone	Provide production support services, enhance business efficiency	Planning underway, implementation in 2-3 years

My Thuan I.P is looking towards a vibrant future. They aim to attract investors from both domestic and foreign sources.

Environmental Impact and Protection Measures

My Thuan I.P is very concerned about environmental protection. Companies here must adhere to strict standards. This helps limit negative environmental impacts.

The industrial park also encourages the use of renewable energy and the application of green technologies. This promotes sustainable development. Projects such as solar and wind energy are being implemented. They help reduce greenhouse gas emissions and protect the environment.

Environmental Protection Measures	Objective
Waste treatment to standard	Minimize pollution
Use of renewable energy	Reduce greenhouse gas emissions
Application of green technology	Promote sustainable development

Thus, My Thuan I.P has minimized negative impacts. At the same time, it has promoted sustainable development in the locality. Environmental protection is the responsibility of all of us, not just the enterprises in the industrial park.

Cooperation and Regional Linkage

My Thuan I.P is striving to develop cooperative relationships with other industrial parks. They also cooperate with seaports and logistics centers. The goal is to create a strong regional value chain. This helps increase efficiency and competitiveness, attracting investment.

My Thuan I.P has a favorable geographical location. It helps connect with many important economic, trade, and seaport centers. This creates conditions for building strategic links. It promotes the development of the value chain and increases competitiveness.

Cooperation	Benefits
Linking with other industrial parks	Create a value chain, enhance operational efficiency
Cooperation with seaports and logistics centers	Enhance competitiveness, attract investment
Building strategic relationships with economic and trade centers	Promote the development of the value chain and strengthen regional competitiveness

Through cooperative initiatives and regional linkages, My Thuan I.P creates new opportunities. This contributes to the sustainable development of the locality and the region.

My Thuan I.P is actively building cooperative relationships and regional linkages, forming value chains to enhance operational efficiency and increase competitiveness.

Conclusion

My Thuan Industrial Park in Nam Dinh is attracting many investors. Its geographical location, infrastructure, and incentive policies are crucial factors. This helps the industrial park develop strongly.

My Thuan I.P has significant development plans. They will expand scale and diversify sectors. At the same time, they will also protect the environment and connect with neighboring regions.

My Thuan I.P is a bright spot in Nam Dinh. They provide investment opportunities and positively impact the sustainable development of the province.

Other Industrial Zones

FAQ

Where is My Thuan Industrial Park located?
My Thuan I.P is located in My Thuan Commune, My Thinh District, My Loc County, and Hien Khanh Commune, Vu Ban County, Nam Dinh. This is an important industrial center in Northern Vietnam.

Does My Thuan I.P have favorable transportation conditions?
Yes, My Thuan I.P has a strategic location. It is close to transportation axes such as highways, railways, and seaports. This facilitates the transportation of goods.

When was My Thuan I.P established?
My Thuan I.P was established in 2005. Its goal is to attract industrial investment projects. This contributes to the socio-economic development of Nam Dinh Province.

What is the area of My Thuan I.P and in what fields does it operate?
My Thuan I.P has an area of approximately 158.48 hectares. Key industries include textiles, footwear, electronics, mechanical engineering, and agricultural processing.

What investment incentives does My Thuan I.P offer?
My Thuan I.P provides many incentives for investors. These incentives include tax exemptions/reductions, infrastructure support, and other policies.

What role does My Thuan I.P play in local economic development?
My Thuan I.P plays an important role in the socio-economic development of Nam Dinh Province. It creates many jobs, increases budget revenues, and enhances the level of industrialization and modernization in the region.

What notable investment projects are there in My Thuan Industrial Park?

My Thuan Industrial Park has attracted many notable investment projects. Examples include Samsung’s electronic component manufacturing plant, Adidas’s garment factory, and Pou Chen’s footwear manufacturing plant.

What development plans does My Thuan Industrial Park have for the future?
My Thuan I.P has ambitious development plans. It will expand its area and attract more new investment projects, especially in high technology.

What environmental protection measures does My Thuan I.P have?
My Thuan I.P emphasizes environmental protection. Companies must comply with waste treatment standards, minimize pollution, and use renewable energy.

Does My Thuan I.P cooperate and link with other areas?
Yes, My Thuan Industrial Park actively cooperates with other industrial parks, seaports, and logistics centers. This creates a regional value chain.