Phuc Son Industrial Park in Ninh Binh Province

Phuc Son Industrial Park is located in Ninh Binh, a land rich in potential. This is an attractive destination for both domestic and foreign investors. With modern infrastructure and favorable policies, this industrial park opens up many opportunities for businesses. In particular, this industrial park attracts companies in the processing and manufacturing industries.

Key Points to Note

Phuc Son Industrial Park is located in Ninh Phuc Commune and Ninh Son Ward, Ninh Binh City, Ninh Binh Province, a land rich in potential

The industrial park is built according to the industrial development plan of the province

Modern infrastructure and attractive incentive policies attract many investors

The industrial park creates numerous development opportunities for businesses in the processing and manufacturing sectors

Phuc Son Industrial Park contributes to the socio-economic development of the locality

Geographic Location of Phuc Son Industrial Park

Phuc Son Industrial Park is situated in Ninh Phuc Commune and Ninh Son Ward, Ninh Binh City, Ninh Binh Province. This is a strategically located area.

Phuc Son Industrial Park in Ninh Binh Province

Phuc Son I.P is located in Yen Khanh District, Ninh Binh Province. This location provides the industrial park with advantages in transportation and logistics.

Close to Major Transport Arteries

Phuc Son I.P is near important transport routes, including National Highway 1A, the North-South Railway, and an international airport. This facilitates easy transportation of goods, connecting with both domestic and international markets.

Vị trí địa lý tỉnh Ninh Bình

History of Formation and Development

Phuc Son Industrial Park was established in 2011. It has become an important industrial center in Ninh Binh Province. Since its inception, the industrial park has developed rapidly, attracting many investors both domestically and internationally.

The history and formation of Phuc Son I.P are closely tied to the economic development of Ninh Binh. This industrial park is considered a key point, attracting many large projects, helping the locality to develop quickly.

In recent years, Phuc Son I.P has become significant in Vietnam’s industrial investment landscape. With good infrastructure, attractive policies, and a strategic location, it has drawn many investors, contributing to the socio-economic development of Ninh Binh.

Scale and Infrastructure of the Industrial Park

Phuc Son I.P is located in Ninh Binh Province. It boasts a large scale and modern infrastructure, meeting the needs of businesses.

Extensive Industrial Land Area

Phuc Son I.P covers an area of up to 142 hectares. This provides ample space for investors, allowing businesses to expand their production facilities.
The vast land area enables companies to undertake large projects, offering good production and logistics space.

Modern Transportation and Logistics System

Phuc Son I.P features a modern transportation and logistics system, including roads, railways, and other transport modes. This allows businesses easy access to both domestic and international markets.

The expansive land area and modern transportation and logistics infrastructure make Phuc Son I.P attractive, drawing both domestic and foreign investors seeking to expand their production and business operations.
Phuc Son I.P serves as a bridge connecting investors with business development opportunities.

Overview of Phuc Son Industrial Park in Ninh Binh Province

Phuc Son Industrial Park, located in Ninh Binh Province, is attracting significant attention. Its geographical location, infrastructure, and incentive policies are strong points that make it appealing to many domestic and foreign investors.

The goal of Phuc Son I.P is to become an important industrial center. It is continuously developing, creating numerous business opportunities. Enterprises here enjoy various incentives regarding land, taxes, and infrastructure.

Phuc Son I.P also pays attention to the lives and welfare of workers. Facilities such as housing, infrastructure, and cultural and recreational activities are heavily invested in, improving the quality of life for workers.

With these advantages, Phuc Son I.P will continue to attract many investment projects, promoting the socio-economic development of Ninh Binh Province.
Phuc Son I.P is one of the crucial driving forces behind the industrial development of Ninh Binh Province.

Potential for Industry Development in the Industrial Park

Phuc Son Industrial Park in Ninh Binh Province has great potential for growth in the processing and manufacturing industries. Businesses can expand production and access markets effectively, engaging in areas like agricultural processing, food, textiles, machinery, and electronics.

Processing Industry

Phuc Son I.P is close to raw material sources, making it ideal for processing. Products such as food, beverages, oils, and powders can be produced and exported, helping to expand both domestic and international markets.

Manufacturing Industry

Textile Industry: Factories can increase productivity and competitiveness thanks to the infrastructure and quality labor available at Phuc Son I.P.
Machinery Industry: Businesses manufacturing components and parts for automobiles and machinery can establish their factories at Phuc Son I.P, capitalizing on its transportation and logistics advantages.
Electronics Industry: Companies producing components and consumer electronics may choose Phuc Son I.P as an investment location, meeting the high demand for electronic devices.

The geographical location, infrastructure, and incentive policies make Phuc Son I.P a strong contender for robust development, affirming its position in the processing and manufacturing industries.

Investment Environment and Incentive Policies

Phuc Son Industrial Park is built to create an attractive investment environment, drawing both domestic and international investors. Its strategic location, integrated infrastructure, and incentive policies have facilitated the attraction of numerous projects.

Investment Incentives

The Ninh Binh provincial government has implemented various incentive policies to attract investors to Phuc Son I.P. The incentives include:

Exemptions and reductions in corporate income tax during the investment period
Support for land lease, compensation for site clearance
Facilitation of legal procedures and investment licenses
Comprehensive development of technical infrastructure, transportation, and services within the park

These incentives have created an appealing investment environment, attracting many domestic and international investors to Phuc Son I.P.

Type of Incentive	Content	Duration of Application
Corporate Income Tax Exemption/Reduction	Exempt for 4 years, 50% reduction for the next 9 years	During the investment period and first 13 years of operation
Land Lease Support	30% support on total infrastructure investment	During the investment period
Site Clearance Compensation Support	50% support on total costs	During the investment period

The investment incentives at Phuc Son I.P have significantly attracted many companies, driving the socio-economic development of Ninh Binh Province.

Major Investment Projects in the Industrial Park

Phuc Son Industrial Park in Ninh Binh Province has attracted many large investment projects. Leading companies both domestically and internationally have invested here, enhancing the prestige and position of the industrial park while drawing in more investors.

Investment projects here focus on key industrial sectors such as agricultural processing, textiles, machinery, and electronics.

Agricultural Processing
Textiles
Machinery
Electronics

Major companies that have invested in Phuc Son I.P include the Vingroup Group, Samsung Electronics Co., Ltd., Nha Be Garment Company, and Vietnam Mechanical Corporation.

Vingroup Group
Samsung Electronics Co., Ltd.
Nha Be Garment Company
Vietnam Mechanical Corporation

The presence of these large investment projects has boosted the development of Phuc Son I.P, creating jobs and increasing incomes for local residents.

Workers’ Living Standards and Culture in the Industrial Park

Phuc Son Industrial Park in Ninh Binh Province not only focuses on infrastructure but also cares about the lives and culture, as well as recreational activities for workers, enhancing their quality of life.

Housing and Living Amenities

The businesses here have invested in building well-equipped housing complexes, including schools, hospitals, supermarkets, sports centers, and other amenities, providing a convenient living environment for workers.

Cultural and Recreational Activities

The industrial park also invests in cultural centers and sports fields, providing spaces for workers to rest, socialize, and engage in recreational activities. Cultural and artistic events, such as performances, exhibitions, and sports competitions, are held regularly.

Attention to the living standards and cultural activities of workers improves their quality of life and helps Phuc Son I.P attract and retain talent, which is key for sustainable development.

Impact of the Industrial Park on Local Economy and Society

Phuc Son Industrial Park not only assists investors but also has a positive impact on the economy and society of Ninh Binh. It creates job opportunities and increases incomes for local residents, while also boosting other economic sectors like trade, services, and tourism.

Phuc Son I.P also enhances the momentum for local infrastructure development, including transportation systems, telecommunications, and other utilities, improving living standards and attracting investment to aid Ninh Binh’s economic growth.

In the future, Phuc Son I.P will expand and diversify its industries, creating more stable job opportunities and incomes, which will also improve the living standards and quality of life for local residents.

Other Industrial Zones

FAQ

Where is Phuc Son Industrial Park located?
Phuc Son I.P is built in Ninh Phuc Commune and Ninh Son Ward, Ninh Binh City, Ninh Binh Province. This is a region with significant potential and geographical advantages.

What geographical advantages does Phuc Son I.P offer?
Phuc Son I.P is close to important transport routes, including National Highway 1A, the North-South Railway, and international airports, facilitating logistics and connections with both domestic and international markets.

What is the history of the formation and development of Phuc Son I.P?
Phuc Son I.P was established with the goal of becoming an important industrial center in Ninh Binh. Over the years, this industrial park has attracted numerous domestic and foreign investors.

What is the scale and infrastructure of Phuc Son I.P like?
Phuc Son Industrial Park covers a large area of 142 hectares, with modern transportation and logistics systems, including roads, railways, and other transport modes.

What are the main industries with growth potential in Phuc Son Industrial Park?

Phuc Son Industrial Park has strong potential for developing processing and manufacturing industries, such as agricultural processing, food, textiles, machinery, and electronics.

What is the investment environment and incentive policies at Phuc Son Industrial Park?
Phuc Son I.P offers an attractive investment environment with various incentives related to land, taxes, infrastructure, and business support services.

What major investment projects have been attracted to Phuc Son I.P?
Phuc Son I.P has attracted many significant projects from domestic and foreign companies, focusing on agricultural processing, textiles, machinery, and electronics.

What are the living standards and culture of workers in Phuc Son I.P?
Phuc Son I.P emphasizes infrastructure while improving the living standards and culture of its workers, providing housing, amenities, and cultural and sports activities.

What impacts does Phuc Son I.P have on the local economy and society?
The development of Phuc Son Industrial Park brings numerous positive impacts, such as job creation, income increase, and boosting the economy, trade, services, and tourism in Ninh Binh Province.