Nhon Hoi Industrial Zone in Binh Dinh Province

Nhon Hoi Industrial Zone is an important industrial area in Binh Dinh Province. It is located in Nhon Hoi Commune, An Nhon District. With a good location and modern infrastructure, this industrial zone attracts many investors.

Key Points

Nhon Hoi Industrial Zone is one of the key industrial centers of Binh Dinh Province.

The strategic location and modern infrastructure attract many domestic and foreign investors.

It is an attractive destination for industrial investment projects.

Prime Geographic Location of Nhon Hoi Industrial Zone

Nhon Hoi Industrial Zone is located in Nhon Hoi Commune, Quy Nhon City, Binh Dinh Province. This is a very favorable geographic location. The industrial zone is close to many important transportation routes. This helps optimize the transport of goods and connect with major economic centers.

Adjacent to Many Important Transportation Routes

Nhon Hoi Industrial Zone is near major transportation routes, including:

National Route 1A – the main North-South transportation axis of Vietnam
National Route 19 – the route connecting the Central Highlands with key economic regions
Provincial roads that facilitate connections with neighboring areas

Close to Major Cities Facilitating Trade

Nhon Hoi Industrial Zone is near major economic centers, such as:

Quy Nhon City – the political, economic, and cultural center of Binh Dinh Province
Tuy Hoa City – the trading gateway of the Central Coastal region

This location facilitates trade and business development.

The strategic geographic location combined with the synchronous transportation system are important competitive advantages of Nhon Hoi Industrial Zone.

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History of Formation and Development of the Industrial Zone

Nhon Hoi Industrial Zone was established in 2006. This industrial zone has developed strongly, attracting many investment businesses. Built on a foundation of modern planning and infrastructure, this industrial zone has attracted many investors, contributing to the economic growth of Binh Dinh Province.

The staff has continuously strived during the development process. As a result, Nhon Hoi Industrial Zone has become a bright spot among industrial zones in Vietnam.

Nhon Hoi Industrial Zone is opening new development opportunities, attracting more and more domestic and foreign enterprises to invest.

Over the past decade, Nhon Hoi Industrial Zone has asserted its position. It has become a bright spot in the history and development process of Vietnam’s industry.

Scale and Modern Infrastructure of Nhon Hoi Industrial Zone

Nhon Hoi Industrial Zone is located in Binh Dinh Province, covering nearly 228 hectares. It includes various functional areas such as production, services, housing, and utilities. This is one of the largest and most modern industrial zones in Binh Dinh.

Synchronous and Modern Infrastructure System

To meet the needs of businesses, the infrastructure of Nhon Hoi Industrial Zone has been invested in synchronously and modernly. The transportation, drainage, electricity, and telecommunications systems are built and operated efficiently. This facilitates production and business.

With modern and synchronous infrastructure, Nhon Hoi Industrial Zone continues to attract more businesses for investment and successful production and business operations.

Thanks to its large area and modern infrastructure, Nhon Hoi Industrial Zone is increasingly asserting its position. It has become an attractive investment location in Binh Dinh Province.

Key Industries in the Industrial Zone

Nhon Hoi Industrial Zone attracts many enterprises that operate in various industries and fields. This helps the area develop strongly.

Seafood processing is an important industry here. Factories use advanced technology to produce high-quality seafood products. These products serve both the domestic market and exports.

Garment production is also a significant field. Many large enterprises have invested in this area, contributing to strong regional development.

The industrial zone also attracts businesses in electronics component manufacturing, medical device production, and construction materials manufacturing. These industries contribute to the production and business of the area, creating many high-quality industrial products.

Industry	Features
Seafood processing	Production of high-quality seafood, exports
Garment production	Many large enterprises invested
Electronics component manufacturing	Modern technology, high quality
Medical device production	Meeting domestic and export needs
Construction materials manufacturing	Serving the construction market

Thanks to the convergence of various industrial sectors, Nhon Hoi Industrial Zone has become an important production and business center, making significant contributions to the economic development of Binh Dinh Province.

Introduction to Nhon Hoi Industrial Zone in Binh Dinh Province

Nhon Hoi Industrial Zone is located in the economic and tourism center of Binh Dinh Province. This is a bright spot on the industrial map of the locality. The strategic location, modern infrastructure, and attractive investment environment attract many investors.

Nhon Hoi Industrial Zone is situated in the center of Binh Dinh Province. The large area meets the development needs of businesses. The industrial zone is planned into various functional areas such as production, logistics, and services.

With a modern transportation system, Nhon Hoi Industrial Zone facilitates the transport of raw materials and goods. It connects with both domestic and international markets via road, sea, and air.

Amenities	Description
Area	Wide 14,308 hectares
Electricity	National grid system, ensuring stability and continuity
Water supply	Clean water supply network, waste treatment to ensure environmental protection
Transportation	Highway system, airports, seaports

Attractive investment incentive policies and advantages in location, infrastructure, and business environment make Nhon Hoi Industrial Zone an appealing destination. It promises to play an important role in the industrial development of Binh Dinh Province.

Incentive Policies and Favorable Investment Environment

The Binh Dinh Provincial government has created a system of investment incentive policies to attract businesses. Tax and land incentives are the main highlights. This creates favorable conditions for investors.

Tax and Land Incentives

Businesses in Nhon Hoi Industrial Zone enjoy many tax incentives. They are exempt from corporate income tax for the first 2-4 years. After that, they receive a 50% tax reduction for the next 4 years.

They are also supported with preferential land pricing, which can be 30-50% lower than market rates.

Transparent and Friendly Legal Environment

The investment environment in Nhon Hoi is assessed as transparent and friendly. The procedural process is simplified, which facilitates investors.

Local authorities are always ready to support and answer questions from businesses.

Thanks to the incentive policies and favorable investment environment, Nhon Hoi Industrial Zone has attracted many large enterprises, achieving positive results in the development process.

Large Enterprises Operating in the Industrial Zone

Nhon Hoi Industrial Zone has attracted many large enterprises that leverage the advantages of location, infrastructure, and incentive policies. This helps them produce high-quality products and promote local economic development.

Notable enterprises in Nhon Hoi Industrial Zone include:

Jabil Electronics Co., Ltd – specializing in the production of electronic components and information technology equipment
Viet Thang Garment Co., Ltd – an export garment factory with large capacity
Anbico Manufacturing and Trading Co., Ltd – investing in processing and manufacturing industries

Enterprise	Industry	Scale of Operation
Jabil Electronics Co., Ltd	Manufacturing electronic components, technology equipment	Factory covering 50 hectares, employing thousands of workers
Viet Thang Garment Co., Ltd	Export garments	Factory covering 30 hectares, producing millions of products/year
Anbico Manufacturing and Trading Co., Ltd	Processing, industrial manufacturing	Factory covering 25 hectares, a reputable supplier for many markets

Due to the investment and operations of large enterprises, Nhon Hoi Industrial Zone is increasingly developing. This area is asserting its position and becoming a bright spot in Binh Dinh Province.

Development Potential of the Industrial Zone in the Future

Nhon Hoi Industrial Zone has favorable geographic conditions, modern infrastructure, and incentive policies. Therefore, this industrial zone is expected to develop strongly in the future. Local authorities are planning to expand its scale and attract more businesses to invest.

Plans for Scale Expansion and Investment Attraction

The Binh Dinh provincial government wants Nhon Hoi Industrial Zone to become a leading industrial zone. They are developing plans to expand its area and infrastructure. Tax, land, and investment environment incentives will also be enhanced to attract more new projects.

Prospects for Developing New Industries

Nhon Hoi Industrial Zone is not only attracting traditional industries but also developing new industries. Sectors such as information technology, supporting industries, and renewable energy are being emphasized. With good infrastructure and human resources, this industrial zone will attract many domestic and foreign investors.

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FAQ

Where is Nhon Hoi Industrial Zone located?
Nhon Hoi Industrial Zone is situated in Nhon Hoi Commune, An Nhon District, Binh Dinh Province.

Is Nhon Hoi Industrial Zone connected to important transportation routes?
Nhon Hoi Industrial Zone has a favorable location. It is in Nhon Hoi Commune, Quy Nhon City, Binh Dinh Province, along National Route 19 and provincial roads. This makes transportation and trade easy.

When was Nhon Hoi Industrial Zone established?
Nhon Hoi Industrial Zone was established in 2006. It was built based on modern planning and infrastructure investment.

What is the scale of Nhon Hoi Industrial Zone?
Nhon Hoi Industrial Zone covers nearly 14,308 hectares. It includes manufacturing areas, service areas, residential areas, and other amenities.

What are the key industries in Nhon Hoi Industrial Zone?
Nhon Hoi Industrial Zone attracts many industrial sectors, such as seafood processing, garment production, electronics components, medical devices, and construction materials.

What incentive policies does Binh Dinh Provincial government have to attract investment in Nhon Hoi Industrial Zone?
Binh Dinh Provincial government offers various incentive policies, including tax benefits, land pricing incentives, and infrastructure support. The legal environment here is also transparent and friendly to investors.

What large enterprises have been attracted to Nhon Hoi Industrial Zone?
Nhon Hoi Industrial Zone has attracted many large enterprises, such as Jabil Electronics Co., Ltd, Viet Thang Garment Co., Ltd, and Anbico Manufacturing and Trading Co., Ltd.

What are the prospects for Nhon Hoi Industrial Zone’s development in the future?
Nhon Hoi Industrial Zone has strong development prospects. The geographic location, infrastructure, and incentive policies create favorable conditions. Local authorities are expanding its scale and developing new industries such as information technology, supporting industries, and renewable energy.