Quang Chu Industrial Cluster in Bac Kan Province

Quang Chu Industrial Cluster is an attractive destination for investors both domestically and internationally. It was established in 2017 and is asserting its position on the Northern investment map. This article will provide detailed information about the geographical location, competitive advantages, development orientation, as well as investment incentives at Quang Chu Industrial Cluster.

Key Information about Quang Chu Industrial Cluster

  • Strategic location adjacent to Provincial Road 258
  • Tax and land incentives for investors
  • Modern infrastructure that meets production needs
  • Abundant and high-quality labor
  • Safe and stable investment environment

Geographical Location of Quang Chu Industrial Cluster

Quang Chu Industrial Cluster is located in Bach Thong district, Bac Kan province. It is a strategically advantageous location for industry and logistics. The industrial park is close to Provincial Road 258, making the transportation of goods and commuting easier.
Roads, railways, and airports are all near Quang Chu I.C. This facilitates logistics, connecting neighboring areas, and strengthening links.
The strategic geographical location of Quang Chu I.C is one of the key factors in its potential to become an industrial and logistics hub in the region.

Located in Bach Thong District

Quang Chu I.C is situated in Bach Thong district, Bac Kan province, an area with high industrial development potential. The favorable geographical location and abundant labor are advantages.

Adjacent to Provincial Road 258

Quang Chu I.C is near Provincial Road 258, which provides convenient transportation links, promoting logistics and increasing connectivity with neighboring areas.

Vị Trí Địa Lý Bắc Kạn

Vị Trí Địa Lý Bắc Kạn

 

Advantages of Quang Chu Industrial Cluster

Quang Chu Industrial Cluster has a favorable geographical location and numerous competitive advantages, making it an attractive investment location in Bac Kan. These factors attract both domestic and international investors.
The investment and operational costs at Quang Chu I.C are low, reducing financial pressure on businesses. The abundance of skilled labor and competitive labor costs are also key strengths.
The park stands out for its safe and healthy working environment, which creates ideal conditions for production and business activities. This factor contributes to shaping Quang Chu I.C’s competitive edge.

With its outstanding advantages, Quang Chu I.C is set to become an attractive investment destination in Bac Kan.

Planning and Functional Zoning

Quang Chu Industrial Cluster is planned to become a modern industrial center, divided into two functional zones: the Manufacturing Zone and the Support & Services Zone.

Manufacturing Zone

The Manufacturing Zone focuses on factories and enterprises involved in production, processing, and assembly according to modern standards. Businesses in this zone benefit from land and tax incentives to support their development.

Support and Services Zone

The Support and Services Zone offers amenities for businesses and employees, including hotels, dining facilities, shopping centers, healthcare, education, and other services. This area provides modern conveniences to Quang Chu I.C.
The scientific planning and zoning of Quang Chu I.C make it an attractive destination for investors and contribute to the socio-economic development of Bac Kan province.

Priority Sectors for Investment

Quang Chu I.C is located in Bac Kan province, with the goal of attracting investment projects in priority sectors that will help drive strong economic and social growth in the region.
Specifically, the industrial park is focusing on the following sectors:

  • Mechanical engineering
  • Electronics and telecommunications
  • Textiles and garments
  • Footwear
  • Agro-forestry and aquatic processing
  • High-tech industries

These industries are considered priority areas for Quang Chu I.C. The goal is to create a driving force for Bac Kan’s development.
Focusing on attracting investment in priority sectors is a key strategy for promoting sustainable development at Quang Chu I.C and in Bac Kan province.

Sustainable Development Potential

Quang Chu Industrial Cluster in Bac Kan is becoming an attractive investment destination. Projects here are built on a foundation of sustainable development, combining economic benefits with environmental protection.
To protect the environment, projects must comply with strict standards, using resources and energy efficiently. This helps reduce negative environmental impacts and saves costs for businesses.
With investment incentives and modern infrastructure, Quang Chu I.C is attracting many investors interested in its sustainable development and Bac Kan’s investment potential.
We believe that with its sustainable development orientation, Quang Chu I.C will become a shining example of investment attraction in Bac Kan in the near future.
Projects here bring both economic benefits and environmental protection, providing a competitive edge for businesses. At the same time, it contributes to the sustainable development of the local area.

Introduction to Quang Chu Industrial Cluster in Bac Kan Province

Quang Chu Industrial Cluster is an attractive investment location in Bac Kan province. It was established in 2017 as part of the province’s industrial development plan.
The industrial park covers an area of 160 hectares, divided into two zones: the Manufacturing Zone and the Support & Services Zone. It is a place that attracts many domestic and international enterprises.

Location

The park is located in Bach Thong district, with a favorable location near Provincial Road 258, facilitating easy transportation of goods. This also connects the park with major economic centers.
Quang Chu I.C is a promising destination for investors, with advantages in terms of its location, infrastructure, and investment policies.
Quang Chu I.C is a highlight of Bac Kan’s investment scene, offering many business opportunities for enterprises.

Investment Incentives

Bac Kan province has implemented numerous investment incentives to attract investors. These incentives create a favorable investment environment here.

Tax Incentives

Enterprises investing in Quang Chu I.C will benefit from several tax incentives, including:

  • Corporate income tax exemption or reduction for the first few years
  • Reduced import taxes on machinery, equipment, and input materials
  • Other incentives as prescribed by law

Land Incentives

Quang Chu I.C also offers several land incentives, including:

  1. Support for land lease payments in the first few years
  2. Preferential land lease rates compared to normal levels
  3. Support for infrastructure development for investment projects

With these incentives, Quang Chu I.C is attracting many investors, and the investment environment continues to improve.

Incentive Type Details
Tax Incentives • Corporate income tax exemptions or reductions
• Reduced import tax for machinery and equipment
• Other legal incentives
Land Incentives 1. Support for land lease payments in the first year
  1. Preferential land lease rates
  2. Support for infrastructure development |

The tax and land incentives at Quang Chu I.C contribute to creating an attractive investment environment, drawing increasing numbers of investors to the area.

Modern Infrastructure

Quang Chu I.C is designed with modern infrastructure to meet the production and business needs of enterprises. The infrastructure includes roads, electricity, water, drainage, telecommunications, and other utilities.
The industrial park also has facilities that serve businesses, including administrative offices, dining areas, hotels, banks, post offices, and social infrastructure. This creates an ideal investment environment and improves the quality of life and work for employees.

Category Description
Transport Spacious internal roads that connect conveniently to the main roads
Electricity Stable electricity supply that meets the production needs of businesses
Water Supply Clean water supply system ensuring sufficient flow for operational needs
Wastewater Treatment Centralized wastewater treatment station meeting environmental standards
Telecommunications Modern telecommunications networks for connectivity
Utilities Administrative offices, hotels, dining areas, etc.

Equipped with modern infrastructure and diverse amenities, Quang Chu I.C is an ideal investment environment that attracts both domestic and international businesses.

Abundant Human Resources

Bac Kan is strategically located with a developing economy, providing abundant labor. Quang Chu I.C offers many opportunities for businesses, as they can hire skilled workers at competitive costs.
Enterprises here can cut costs and increase productivity, attracting many investors to Quang Chu I.C.

Index Bac Kan National Average
Employment Rate 95.3% 93.8%
Trained Labor Rate 65.2% 60.3%
Average Salary 6.5 million VND/month 7.2 million VND/month

The table shows that Bac Kan has a higher employment and trained labor rate, as well as a more competitive average salary. These are advantages for Bac Kan’s labor force and Quang Chu I.C.
Labor is a key factor for businesses to develop sustainably. Quang Chu I.C offers competitive labor costs and skilled workers, which will be a significant driver for attracting investors.

Favorable Investment Environment

Bac Kan province is making efforts to improve its investment environment. They are committed to supporting businesses and streamlining administrative procedures, creating favorable conditions for investment opportunities at Quang Chu Industrial Cluster.
Quang Chu I.C has many advantages, including its location, infrastructure, and workforce. The Bac Kan government listens to and supports businesses, improving public administrative services.
Investors, both domestic and international, are paying attention to Quang Chu I.C. Its geographic location and modern infrastructure are key advantages. The favorable investment environment helps attract numerous investment projects.

Index Bac Kan National Average
Lease Costs 30-50 USD/m²/year 50-100 USD/m²/year
Labor Costs 10-20% lower than average Average
Administrative Procedures Simple and quick Complex and lengthy

The comparison table shows that Bac Kan’s investment environment has many advantages, particularly in terms of lease costs, labor costs, and administrative procedures. These factors enhance confidence and attract investors to the investment opportunities in Quang Chu I.C.

Conclusion

Quang Chu Industrial Cluster in Bac Kan is attracting numerous investors. Its favorable location, modern infrastructure, abundant labor, and investment incentives are key strengths. These factors create many investment opportunities and help develop the province’s economy and society.
For businesses seeking more information, they can contact the local government. Quang Chu I.C is expected to be an attractive investment destination in the future.
If you are looking for investment opportunities, consider Quang Chu I.C. The local government will support and offer incentives to help you successfully execute your project

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FAQ

Where is Quang Chu Industrial Cluster located?
Quang Chu I.C is located in Bach Thong district, Bac Kan province, near Provincial Road 258, making transportation easy.

What advantages does Quang Chu I.C offer?
It has many advantages, such as low costs, an abundant labor force, and competitive labor costs. The work environment is safe and clean.

What are the functional zones of Quang Chu I.C?
The park is divided into two main zones: the Manufacturing Zone and the Support & Services Zone.

What industries are prioritized for investment in Quang Chu I.C?
The park prioritizes investment in mechanical engineering, electronics, telecommunications, textiles, footwear, agro-forestry and aquatic processing, and high-tech industries.

What investment incentives does Quang Chu I.C offer?
The park offers various incentives, including corporate income tax exemptions, reduced land lease costs, and infrastructure development support.

What is the infrastructure like at Quang Chu I.C?
The park has modern infrastructure, including roads, electricity, water, telecommunications, wastewater treatment, and amenities such as administrative offices, hotels, and dining areas.

How is the labor force at Quang Chu I.C?
Bac Kan has a large, skilled, and cost-competitive labor force, which is advantageous for Quang Chu I.C. Businesses can hire skilled labor at reasonable costs.

What is the investment environment like at Quang Chu I.C?
The investment environment is favorable, with simplified administrative procedures and strong government support for businesses.