Phuc Dien Industrial Park in Hai Duong Province
Phuc Dien Industrial Park is an important industrial center in Hai Duong Province. Located in a strategic position, this industrial park has been developed and attracts many large domestic and foreign enterprises to invest and develop production. It is a bright spot in the local economy, contributing to the process of industrialization and modernization in Hai Duong Province.
Key Points
- Phuc Dien Industrial Park is a significant center in Hai Duong Province.
- Strategic location and modern infrastructure.
- Attracts many large domestic and foreign enterprises for investment.
- Plays an important role in local economic development.
- Promotes the process of industrialization and modernization.
Geographical Location of Phuc Dien Industrial Park
Phuc Dien Industrial Park is located at Km 38 on National Highway 5, Cam Phuc Commune, Cam Giang District, Hai Duong Province, a significant economic center in the North. This location provides advantages in transportation and market access.
Proximity to Major Transportation Routes
Phuc Dien I.P is near National Highway 5, which is a vital road between the North and the South. The industrial park is also close to the North-South railway and Hai Phong port. These are critical transportation routes that help connect domestic and international markets.
- Connected to National Highway 5, a crucial North-South route.
- Near the North-South railway and Hai Phong port.
- Facilitates transportation and market access both domestically and internationally.
History of Formation and Development
The local government has significantly supported Phuc Dien Industrial Park, which helps attract many businesses to invest. This process has boosted the economy and created jobs. “Phuc Dien I.P is a prime example of how localities can leverage geographical advantages and incentive policies to attract investment, motivating socio-economic development.”
Today, Phuc Dien I.P serves as a driving force for the economy of Hai Duong Province. It has increased production, created jobs, and enhanced income for the local population.
Key Milestones in Development History
- 2006: Phuc Dien I.P was established.
- 2006-2010: Infrastructure was completed, attracting the first enterprises.
- 2011 to present: Continued expansion of area, improving service quality, attracting more significant projects.
The history of Phuc Dien I.P is a success story, demonstrating how a locality can achieve sustainable economic development by attracting investment.
Scale and Infrastructure of the Industrial Park
Phuc Dien I.P in Hai Duong Province has been developed on a large scale, meeting the production and business needs of enterprises. With its vast area, Phuc Dien I.P provides a conducive environment for investment and business.
Industrial Land Area
Phuc Dien I.P covers an area of 82.87 hectares, meeting the production and business needs of both domestic and foreign enterprises. With this extensive area, the park offers space for production, processing, and logistics projects.
Transportation System
Phuc Dien I.P features a synchronized transportation system that includes internal roads, access roads to the industrial park, parking lots, ports, and railways. This transportation infrastructure facilitates easy movement and delivery of goods.
Power and Water Supply
Phuc Dien I.P has a high-quality power and water supply system, meeting the production demands of businesses. The electricity and water infrastructure is designed to be synchronized, ensuring stable provision.
Phuc Dien I.P creates an ideal environment for businesses to grow, with complete infrastructure and utilities.
Main Industries in the Industrial Park
Phuc Dien Industrial Park in Hai Duong Province stands out with various industries. The manufacturing sector is significant, with many processing and manufacturing enterprises involved in mechanical processing, electronic component production, and textiles.
Logistics services are also thriving, meeting the needs of factories and production workshops. This is one of the developing sectors within Phuc Dien I.P.
Processing and Manufacturing Industries
In the processing and manufacturing sectors, Phuc Dien I.P attracts many enterprises engaged in:
- Electronic component manufacturing
- Mechanical processing
- Textiles
Logistics Services
Logistics services such as warehousing and logistics are also rapidly developing, addressing the demands of businesses in Phuc Dien I.P.
Phuc Dien I.P is a bright spot in Hai Duong Province, featuring many vibrant industries and growth potential.
Overview of Phuc Dien Industrial Park in Hai Duong Province
Phuc Dien Industrial Park is a highlight of Hai Duong Province. Located in the key economic area of Northern Vietnam, this industrial park attracts many domestic and foreign enterprises.
The park has a favorable geographical position and a modern infrastructure system that meets production and business needs, attracting many large enterprises.
Phuc Dien I.P also offers an appealing investment environment with various incentives regarding taxes, land, and infrastructure support. This makes the industrial park very attractive.
Phuc Dien I.P is a convergence point for leading enterprises, actively contributing to the socio-economic development of Hai Duong Province.
The park has many advantages and promises to continue being an attractive investment destination, further promoting the development of Hai Duong Province.
Investment Environment and Incentives
Phuc Dien I.P creates favorable conditions for businesses. The tax incentives and support for land and infrastructure attract investors, facilitating production development here.
Tax Incentives
Phuc Dien I.P applies several tax policies to support businesses. These incentives include:
- Exemptions from corporate income tax for 2-4 years for new investment projects.
- A 50% reduction in corporate income tax for the next 9 years.
- Exemptions from import tax for machinery, equipment, and raw materials.
Support for Land and Infrastructure
Phuc Dien Industrial Park also provides support regarding land and infrastructure, creating favorable conditions for investors, including:
- Providing industrial land with preferential prices.
- Assisting in infrastructure construction, such as transportation, water, electricity, and telecommunications.
- Quick and simple assistance for investment procedures and licensing.
Due to these incentive policies and support, Phuc Dien I.P attracts investors, promoting the development of Hai Duong Province.
Major Enterprises in the Industrial Park
Phuc Dien I.P in Hai Duong Province has attracted many large enterprises. Brands like Samsung, LG, Foxconn, and Panasonic have chosen this location for investment, aiming to develop production here.
These enterprises not only bring financial resources but also create many job opportunities for local workers, significantly boosting the economic development of Hai Duong Province.
Company | Area of Activity | Investment Scale |
Samsung Electronics | Mobile phone and electronic component production | Over 17 billion USD |
LG Electronics | Consumer electronics and refrigeration production | Over 5 billion USD |
Foxconn | Electronic component production and technology equipment processing | Over 3 billion USD |
Panasonic | Home appliances and electronic equipment production | Over 1 billion USD |
These large companies bring numerous economic benefits and make Phuc Dien I.P attractive, drawing more investors to the area.
Phuc Dien I.P has become a “destination” for many leading global corporations, contributing to sustainable development for Hai Duong Province.
Expansion and Future Development Plans
Phuc Dien Industrial Park in Hai Duong Province has significant plans for the future, intending to expand and develop in the coming years. Its favorable geographical location and good infrastructure provide many opportunities for this industrial park.
The development plan for Phuc Dien I.P includes several important goals:
- Upgrading and expanding the transportation and infrastructure systems to ensure synchronization and modernization.
- Attracting domestic and foreign enterprises to create a dynamic business environment.
- Developing key industries such as processing, manufacturing, and logistics services.
- Strengthening connections with neighboring localities to create a value-added chain.
With a clear future orientation, Phuc Dien I.P hopes to attract many investors who want to contribute to the socio-economic development of Hai Duong Province.
Contributions to Local Economic Development
Phuc Dien Industrial Park plays a crucial role in the socio-economic development of Hai Duong Province. It attracts investment, creates jobs, and increases budget revenues, helping to grow key industries.
Over 130 enterprises operate in this area, producing, processing, and providing logistics services. This creates thousands of stable jobs and improves the living standards of local residents, while also generating income for the state budget.
Phuc Dien I.P positively impacts other sectors such as trade, services, and transportation infrastructure, enhancing the prosperity of Hai Duong Province. With its significant contributions, this industrial park is an essential driving force for socio-economic development.
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FAQ
Where is Phuc Dien Industrial Park located?
Phuc Dien I.P is located at Km 38 on National Highway 5, Cam Phuc Commune, Cam Giang District, Hai Duong Province. It is near the North-South railway, National Highway 5, and Hai Phong port, facilitating easy transportation and expanding domestic and international markets.
How was Phuc Dien I.P established and developed?
Phuc Dien I.P was officially established in 2006. Its development process has been supported by the local government, making it an important industrial park in Hai Duong Province.
What is the scale and infrastructure of Phuc Dien I.P?
Phuc Dien I.P covers an area of 82.87 hectares, meeting the needs of enterprises. Its transportation system, electricity, and water have been meticulously developed.
What industries primarily focus on Phuc Dien I.P?
Phuc Dien I.P focuses on processing, manufacturing, and logistics services. Key industries include electronic component manufacturing, mechanical processing, and textiles.
What investment incentives does Phuc Dien Industrial Park offer?
Phuc Dien Industrial Park offers numerous incentives for enterprises, including tax incentives, land support, and infrastructure assistance, attracting investments from both domestic and international sources.
Which large companies have invested in Phuc Dien I.P?
Many large companies such as Samsung, LG, Foxconn, and Panasonic have invested in Phuc Dien I.P, enhancing production, creating jobs, and contributing to the economy of Hai Duong Province.
What are the development plans for Phuc Dien I.P in the future?
Phuc Dien I.P plans to expand and develop, investing in modern infrastructure and attracting more enterprises. The goal is to promote the growth of key industries.
How has Phuc Dien I.P contributed to the socio-economic development of Hai Duong Province?
Phuc Dien Industrial Park has made significant contributions to Hai Duong Province by attracting investment, creating jobs, and increasing budget revenues, while promoting the growth of key industries.