Nhut Chanh Industrial Park in Long An Province

Nhut Chanh Industrial Park, located in Long An Province, is attracting many investors. Its advantageous geographical location and diverse transportation system make this industrial park appealing. It is an ideal destination for businesses looking to expand production and operations. Nhut Chanh Industrial Park also offers investment incentives, including benefits related to taxes, land, and workforce training. This increases the park’s attractiveness to investors.

Highlights

Favorable geographical location with diverse transportation connections

Modern infrastructure that meets production needs

Attractive investment incentives regarding taxes, land, and workforce training

An ideal destination for businesses to expand operations

Contributes to local economic development

Geographical Location of Nhut Chanh Industrial Park

Nhut Chanh Industrial Park is located on Provincial Road 832, Hamlet 5, Nhut Chanh Commune, Ben Luc District, Long An Province, about 50 km southwest of Ho Chi Minh City. This location provides significant advantages for the industrial park. It has a favorable geographical position with diverse and modern transportation connections.

Convenient Transportation Connections

Nhut Chanh I.P is surrounded by a system of highways, railroads, and major seaports. This creates a multimodal transport network that connects both interprovincially and internationally in a swift and efficient manner.

Thanks to its geographical advantages and convenient transportation links, Nhut Chanh I.P has become an attractive destination, particularly for companies in manufacturing, logistics, and exports.

Vị trí địa lý Long An

History of Formation and Development

Nhut Chanh I.P was established in 2005, starting off small. Over the years, it has developed robustly. Today, it is an appealing investment destination in Long An Province.

The development of Nhut Chanh Industrial Park is closely tied to its establishment history and the investment expansion process. Over 15 years, Nhut Chanh has expanded and attracted many businesses, contributing to the socio-economic development of Long An.

Nhut Chanh I.P has become one of the important growth drivers for Long An Province in recent years. This industrial park not only attracts investors but also creates job opportunities for local residents, improving their living standards and enhancing quality of life.

Over the past 15 years, Nhut Chanh I.P has affirmed its role in promoting the socio-economic development of Long An Province.

Scale and Infrastructure of the Industrial Park

Nhut Chanh I.P is situated in Long An Province. It is a large-scale industrial park with modern infrastructure that meets the production and business needs of companies.

Large Industrial Land Area

Nhut Chanh I.P has a total land area of 159 hectares, with 260 hectares designated for industrial use. Businesses can choose lots that suit their needs and plans.

Completed Transportation and Electricity Systems

Nhut Chanh I.P features a synchronized transportation system that connects to roads, seaports, and major airports. The electrical infrastructure is also invested in, ensuring stable power supply for production.

Nhut Chanh I.P is becoming an attractive destination for companies due to its vast scale and complete infrastructure.

Industries and Businesses Operating in Nhut Chanh Industrial Park

Nhut Chanh Industrial Park attracts many enterprises that operate in important sectors. The main industries include automotive manufacturing, electronics components, textiles, and food processing.

Major companies such as Toyota, Canon, Nanox, and Fujitsu have production facilities here. They are globally renowned brands.

Toyota – Leading automotive manufacturer
Canon – Famous brand for cameras and office equipment
Nanox – Manufacturer of electronic components
Fujitsu – Japanese technology conglomerate

Nhut Chanh I.P also attracts many other businesses that operate in textiles and food processing. The diversity of industries and the presence of reputable enterprises make this area appealing.

Nhut Chanh I.P is becoming a destination for many leading businesses both domestically and internationally, reflecting the robust development of industry in this key economic region.

Investment Environment and Incentive Policies

Nhut Chanh I.P, located in Long An Province, is considered an ideal destination for businesses. It offers an attractive investment environment and generous incentive policies. Enterprises coming to Nhut Chanh will enjoy numerous unique benefits.

Tax and Land Incentives

Businesses investing in Nhut Chanh will benefit from corporate income tax incentives. The tax rate ranges from 10% to 20% for 10-15 years. Industrial land prices are also favorable, aligning with the needs and financial capabilities of enterprises.

Workforce Training Support

Nhut Chanh I.P not only provides financial support but also focuses on training a quality workforce. Companies will receive financial assistance and can participate in professional training programs, enhancing skills and expertise for workers.

The favorable investment environment and attractive incentive policies of Nhut Chanh Industrial Park have successfully attracted numerous businesses to invest and develop here.

Incentives	Details
Corporate income tax	10% – 20% for 10-15 years
Industrial land prices	Favorable, aligned with financial capabilities
Workforce training	Financial support, specialized training programs

Overview of Nhut Chanh Industrial Park in Long An Province

Nhut Chanh Industrial Park is located about 50 km southwest of Ho Chi Minh City, making it an attractive destination for investors. With its location and modern infrastructure, this industrial park is experiencing strong growth.

Long An is a dynamic economic province, and Nhut Chanh I.P is designed for various fields, including:

Manufacturing and processing
Information technology
Logistics and transportation
Renewable energy

This industrial park features a convenient transportation system. Along with favorable land and tax incentives, it attracts investors who wish to expand their operations in Vietnam.

Nhut Chanh I.P serves as a successful model for integrating industrial development with environmental protection, benefiting both businesses and the local community.

Role of the Industrial Park in Local Economic Development

Nhut Chanh Industrial Park plays a crucial role in the local economic development of Long An Province. It not only creates thousands of jobs but also helps improve income for residents.

Job Creation and Income Improvement

Companies within the industrial park have generated over 20,000 jobs for local workers. This not only enhances socio-economic living standards but also attracts labor from surrounding areas.

The average salary of workers here is higher than in Long An Province, contributing to increased income for residents.

Contribution to the State Budget

Business operations within the industrial park have significantly contributed to the state budget. In 2022, this area generated over 500 billion VND in tax revenue, increasing local and national revenue.

Nhut Chanh I.P is pivotal in the local economic development. It creates jobs, income for residents, and contributes to the state budget.

Nhut Chanh I.P serves as an important driving force for sustainable development in Long An Province, creating jobs and income for residents while significantly contributing to the local budget.

Future Development Prospects

Nhut Chanh Industrial Park in Long An Province has a strategic geographical position, modern infrastructure, and attractive investment incentives. Thus, this industrial park is expected to attract many new investment projects in the future, which will boost the socio-economic development prospects of the locality.

Key Highlights of Nhut Chanh I.P’s Development Prospects:

Convenient transportation location near highways, airports, and seaports.
Modern technical infrastructure that meets business needs.
Tax incentives and competitive land prices.
Abundant workforce and low labor costs.
A friendly investment environment that effectively supports businesses.

With these advantages, Nhut Chanh I.P will attract many new investment projects, which will help enhance the prospects for socio-economic growth in Long An Province.

Ongoing Expansion and Upgrading Projects

Nhut Chanh Industrial Park is expanding and upgrading to meet development demands. The goal is to increase industrial land area, improve transportation, and provide amenities for businesses. This will enable the industrial park to grow more robustly.

The industrial park plans to expand to 500 hectares from its current 300 hectares. Infrastructure upgrading projects are also being carried out, including the expansion of internal roads and improvements to transportation connectivity.

These projects will attract many businesses to invest, facilitating production and operational activities. Nhut Chanh I.P will develop sustainably in the future.

Other Industrial Zones

FAQ

Where is Nhut Chanh Industrial Park located?

Nhut Chanh I.P is situated on Provincial Road 832, Hamlet 5, Nhut Chanh Commune, Ben Luc District, Long An Province, approximately 50 km southwest of Ho Chi Minh City.

What advantages does Nhut Chanh I.P offer regarding transportation connections?

This area features a good transportation system, with nearby highways, railroads, and major seaports.

What is the scale and infrastructure like at Nhut Chanh I.P?

The industrial park covers an area of 159 hectares, with systems for transportation, electricity, and amenities for businesses.

What industries and enterprises operate in Nhut Chanh Industrial Park?

The industrial park attracts many sectors, including automotive manufacturing, electronics components, textiles, and food processing. Major companies like Toyota, Canon, Nanox, and Fujitsu operate here.

What incentives does Nhut Chanh Industrial Park offer to attract investment?

The industrial park provides tax incentives, land price reductions, and workforce training. Companies benefit from tax exemptions, favorable land prices, and professional training.

What role does Nhut Chanh I.P play in the local economy?

The industrial park creates jobs and improves income for residents. The business activities also contribute to the state budget.

What are the development prospects for Nhut Chanh I.P in the future?

With its location and good infrastructure, the industrial park will attract many new projects, boosting the socio-economic development of Long An Province.

What ongoing expansion and upgrading projects are taking place in Nhut Chanh I.P?

The industrial park is implementing various expansion and upgrading projects to increase industrial land area, improve transportation, and provide amenities for businesses.