Phong Dien Industrial Park, Thua Thien Hue Province

Key Points to Remember

• Phong Dien Industrial Park is one of the key industrial parks in Thua Thien Hue Province.
• It has advantages in terms of geographic location, modern infrastructure, and attractive investment incentives.
• It is an appealing destination for both domestic and foreign investors.
• The development of key industries, such as food processing and building material manufacturing.
• It has great future development potential with plans for expansion.

Geographic Location of Phong Dien Industrial Park

Phong Dien Industrial Park is located in Phong Dien District, Thua Thien Hue Province, 15 km north of Hue City. This location offers businesses many advantages when investing.

Convenient Transportation System

Phong Dien I.P is connected to major transportation routes, including National Highway 1A, the North-South Expressway, and Phu Bai International Airport. This makes it easier to transport goods and mobilize human resources.

Modern Infrastructure

Phong Dien I.P benefits from its strategic location and modern infrastructure. These facilities meet the production and business needs of enterprises.

The strategic location and modern infrastructure of Phong Dien I.P are important advantages that attract investors.

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History of Formation and Development

Phong Dien Industrial Park was established in 2006, marking an important milestone in the industrial development of Thua Thien Hue Province. The industrial park was built based on the planning and development of a centralized industrial area.

From its early years, Phong Dien I.P attracted many domestic and foreign businesses. Investment projects have promoted industrialization and modernization in Thua Thien Hue Province.

In recent years, Phong Dien I.P has expanded and upgraded its infrastructure, making it more attractive and drawing many businesses to develop there.

Phong Dien I.P has become one of the key industrial centers in Thua Thien Hue Province, significantly contributing to the local economic development.

Phong Dien I.P continues to affirm its role and position in the economy of Thua Thien Hue Province.

Key Industries

Phong Dien I.P has attracted many enterprises operating in key industries, especially food processing and building material manufacturing. These industries produce a wide range of products that meet the needs of consumers and businesses.

Food Processing Industry

In the food processing industry, many companies are involved in the production of sugar, confectionery, canned foods, beverages, and other products. Factories have invested in modernization, improving product quality to meet the growing consumption demand.

Building Material Manufacturing Industry

Phong Dien I.P also attracts many factories producing building materials, such as cement, bricks, insulation materials, and other construction products. These products serve local needs and are exported to surrounding areas.

Phong Dien I.P has become a leading production center in key industries such as food processing and building material manufacturing in the region.

Attractive Investment Environment

Phong Dien I.P in Thua Thien Hue Province offers a highly attractive investment environment. Local authorities have implemented many incentive policies to attract new projects and support business development.

Investment Incentives

The Thua Thien Hue Provincial Government offers many incentives to investors, including:

• Corporate income tax exemptions of up to 15 years
• Support for 70-100% of technical infrastructure costs
• Preferential land lease rates with long-term leases
• Administrative and legal procedure support

Abundant Workforce

Phong Dien Industrial Park benefits from a large, high-quality workforce. The labor force is well-educated, skilled, and youthful, ready to meet the needs of businesses.

Phong Dien I.P offers advantages in investment environment, incentive policies, and abundant workforce, making it an attractive destination for both domestic and foreign investors.

Introduction to Phong Dien Industrial Park, Thua Thien Hue Province

Phong Dien Industrial Park is a key player in the industrial development of Thua Thien Hue Province. Established in 2006, it has attracted many enterprises to invest, becoming a major hub for business and investment.

Its favorable geographic location and modern transportation system make Phong Dien I.P highly appealing, meeting the production and logistics needs of investors. The infrastructure, including electricity, water, telecommunications, and environmental treatment, has been fully invested in.

Phong Dien I.P also benefits from investment incentive policies, including tax exemptions, land support, and administrative services. These incentives have attracted large projects to Phong Dien I.P.

The abundant and high-quality workforce in Thua Thien Hue Province is an advantage for Phong Dien I.P. Businesses can easily find and recruit skilled labor, meeting their production needs.

With outstanding advantages, Phong Dien I.P has attracted many investors, contributing to the industrial and economic development of Thua Thien Hue Province.

Future Development Potential

Phong Dien I.P, located in Thua Thien Hue Province, has great potential for future development. Its favorable geographic location, modern transportation system, and good infrastructure attract investors from both inside and outside the country.

Expansion Plans

The Thua Thien Hue Provincial Government is working to expand Phong Dien I.P with several plans:

• Attract more new investment projects across diverse industries and scales.
• Upgrade and complete technical infrastructure and services to meet production and business needs.
• Develop new industries, apply modern technology, and create products with high added value.

These efforts will help Phong Dien I.P become a center for production, processing, and export. This will boost the development potential and expansion plans in the future.

With continuous efforts, Phong Dien I.P is expected to become a bright spot on the country’s investment map.

Role of the Industrial Park in the Local Economy

Phong Dien Industrial Park plays an important role in the socio-economic development of Thua Thien Hue Province. It has promoted industrialization, modernization, and created many jobs, increasing the income of local residents.

Enterprises in the industrial park also contribute significantly to the state budget through taxes and fees. Therefore, Phong Dien I.P plays a key role in the socio-economic development of the province.

• Promotes industrialization and modernization
• Creates many new job opportunities, increasing income for local people
• Contributes significantly to the state budget through taxes and fees

Phong Dien I.P is and will continue to play a crucial role in the socio-economic development of Thua Thien Hue Province.

Prominent Enterprises in the Industrial Park

Phong Dien I.P has attracted many businesses. They operate in fields such as food processing and building material manufacturing. One notable company is Phuong Dong Textile Co., Ltd., which produces high-quality garments sold domestically and exported abroad.

Thai Son Construction and Building Materials Co., Ltd. is also prominent. They provide a wide range of products for the construction market, meeting the growing demand in local and regional markets.

Tuan Viet Manufacturing and Trading Co., Ltd. and Hue Pharmaceutical Research and Development Co., Ltd. are also outstanding companies. They not only boost the socio-economic development but also offer high-quality products, benefiting consumers.

Other industrial zones

• La Son Industrial Park In Thua Thien Hue Province
• Phong Dien Industrial Park In Thua Thien Hue Province
• Phu Bai Industrial Park In Thua Thien Hue Province
• Quang Vinh Industrial Park In Thua Thien Hue Province
• Saigon – Chan May Industrial Park and Non-Tariff Zone In Thua Thien Hue Province
• Tu Ha Industrial Park In Thua Thien Hue Province

FAQ

Where is Phong Dien Industrial Park located?

Phong Dien I.P is located in Phong Dien District, Thua Thien Hue Province, about 15 km north of Hue City.

What are the infrastructure and transportation advantages of Phong Dien I.P?

Phong Dien I.P has a strategic location, close to important transportation routes like National Highway 1A, the North-South Expressway, and Phu Bai International Airport, facilitating the transportation of goods and movement of personnel. The industrial park is also equipped with modern infrastructure that meets the production and business needs of enterprises.

When was Phong Dien I.P established?

Phong Dien I.P was established in 2006 as part of the development plan for Thua Thien Hue Province.

What are the key industries of Phong Dien Industrial Park?

The key industries of Phong Dien I.P include food processing and building material manufacturing.

What investment incentives are available at Phong Dien Industrial Park?

The Thua Thien Hue Provincial Government has introduced several investment incentives, including tax exemptions, land support, and infrastructure development, to attract investment projects.

What is the workforce like at Phong Dien Industrial Park?

The region has an abundant workforce. The labor force is young, skilled, and highly qualified, ready to meet the needs of businesses.

What are the future development plans for Phong Dien Industrial Park?

The Thua Thien Hue Provincial Government plans to expand the industrial park, attract more investment projects, and upgrade its infrastructure. The focus is on developing new industries that create high-value products.

What role does Phong Dien I.P play in the local economy?

Phong Dien I.P plays a crucial role in promoting industrialization and modernization, creating jobs, increasing incomes, and contributing significantly to the state budget through taxes and fees.

What are some prominent enterprises operating in Phong Dien I.P?

Notable companies include Phuong Dong Textile Co., Ltd., Thai Son Construction and Building Materials Co., Ltd., Tuan Viet Manufacturing and Trading Co., Ltd., and Hue Pharmaceutical Research and Development Co., Ltd..