Son My 1 Industrial Park, Binh Thuan Province

Son My 1 Industrial Park is located in Phan Thiet City, Binh Thuan Province. It is an important industrial park in the province. Its location and modern infrastructure create opportunities for investment. With a large area and diverse industries, this industrial park attracts investors. It is an ideal destination for those looking to develop the economy in Binh Thuan.

Key Highlights of Son My 1 Industrial Park

Strategic geographical location with convenient transportation connections

Modern technical infrastructure that meets the production needs of businesses

Abundant human resources and attractive investment incentive policies

Favorable investment environment with support from local authorities

Professional investment support services that help businesses develop effectively

Geographical Location of Son My 1 Industrial Park

Son My 1 Industrial Park is located in the heart of Binh Thuan Province. It is near Phan Thiet City, a famous tourist destination. This location allows the industrial park to easily connect with the transportation system.

Convenient Transportation Connections

This industrial park is designed with good transportation utilities. It includes:

Roads: Close to national highways and expressways, such as National Highway 1A and the Dau Giay – Phan Thiet Expressway.
Railways: Close to Phan Thiet Station, facilitating cargo transport by rail.
Seaports: About 20 km from Phan Thiet Fruit Port, convenient for import and export activities.

With the advantage of geographical location and transportation connectivity, Son My 1 I.P attracts investors, contributing to the socio-economic development of Binh Thuan Province.

Overview of Son My 1 Industrial Park

Son My 1 Industrial Park is located in Phan Thiet City, Binh Thuan Province. It is a magnet for many domestic and foreign investors. With its large area, this industrial park is an ideal environment for businesses looking to expand.

Scale and Area

Son My 1 I.P has an area of up to 335 hectares. This provides a large land bank for investors. With this scale, the industrial park can accommodate large projects, promoting industrial development.

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Main Operating Industries

Son My 1 Industrial Park attracts many industries such as electronics, mechanics, chemicals, textiles, and supporting industries. This diversity creates conditions for many investors and job opportunities for local workers.

Criteria	Information
Area	335 ha
Main Industries	• Electronics production
	• Mechanics
	• Chemicals
	• Textiles
	• Supporting industries

Son My 1 I.P is a highlight of Binh Thuan Province. The state prioritizes the development of this area. It has many advantages, attracting both domestic and foreign businesses. The industrial park is located in Phan Thiet City, Binh Thuan Province. Its geographical location facilitates convenient transportation, helping businesses easily access markets and raw materials.

The industrial park has a synchronously invested technical infrastructure system. This meets the production and business needs of investors. Attractive incentive policies also create a favorable investment environment.

Son My 1 I.P has abundant human resources. Support from local authorities creates a dynamic and favorable investment environment. This industrial park attracts many investors, making it a highlight of Binh Thuan Province.

Development Potential of the Industrial Park

Son My 1 I.P, located in Binh Thuan Province, has significant development potential. Its advantageous geographical location, modern infrastructure system, and incentive policies have attracted many investors. This is an attractive destination for investors.

According to experts, Son My 1 I.P will attract many new projects. Sectors such as industry, logistics, services, and high technology will develop. This will promote socio-economic growth and create jobs for workers.

To capitalize on potential, investors need to seize opportunities and competitive advantages. Abundant human resources, attractive incentive policies, and support from local authorities are essential.

With its outstanding advantages, Son My 1 I.P will be a bright spot for Binh Thuan Province. It will drive the socio-economic development of the region.

Competitive Advantages of the Industrial Park

Son My 1 Industrial Park in Binh Thuan Province has many advantages. Abundant human resources and attractive investment incentives are two outstanding strengths.

Abundant Human Resources

Binh Thuan has a large workforce with suitable qualifications. The province has over 1.2 million people, providing a wealth of human resources. From workers to technical experts, businesses can easily recruit and train employees.

Attractive Investment Incentive Policies

Son My 1 I.P also has attractive investment incentive policies. Investors benefit from tax, land, and support services incentives. This helps reduce costs and increase competitiveness.

Son My 1 I.P provides not only high-quality human resources but also very attractive investment incentives, creating superior competitive advantages compared to other industrial parks.

Competitive Advantage	Description
Abundant Human Resources	Binh Thuan has over 1.2 million people, providing a diverse and suitably skilled workforce
Attractive Investment Incentives	Investors enjoy many incentives related to taxes, land, and support services

Modern Technical Infrastructure

Son My 1 Industrial Park proudly boasts a modern technical infrastructure system. It meets all the needs of businesses. From electricity, water, telecommunications, to transportation, everything is professionally managed.

Basic Utilities of this Industrial Park Include:

Reliable energy system: Ensures stable supply.
Clean water network: Equipped with a modern wastewater treatment system.
Modern telecommunications connections: With high bandwidth and advanced telecommunications infrastructure.
Convenient transportation system: Including roads, railways, and seaports.

With modern technical infrastructure, businesses in Son My 1 I.P can operate efficiently and save on operational costs.

Utility	Description
Electricity	Reliable energy system, ensuring stable supply
Water	Clean water network with a modern wastewater treatment system
Telecommunications	Modern telecommunications connections with high bandwidth
Transportation	Convenient transportation system including roads, railways, and seaports

Thanks to modern technical infrastructure, businesses in Son My 1 I.P can focus on developing in a good working environment.

Favorable Investment Environment

Son My 1 Industrial Park in Binh Thuan Province creates a truly favorable investment environment for businesses. Local authorities and the active business community provide strong support. This makes this industrial park attractive to investors.

Support from Local Authorities

The authorities of Binh Thuan Province and Phan Thiet City support businesses in Son My 1 I.P. They offer attractive investment incentive policies and simplify administrative procedures, helping businesses operate efficiently.

Dynamic Business Community

The business community in Son My 1 I.P is very dynamic. They seek opportunities for cooperation and networking, sharing experiences and information, promoting the development of the industrial park.

Son My 1 I.P is an ideal destination for investors. It offers a favorable investment environment with support from authorities and the business community.

Investment Support Services at the Industrial Park

Son My 1 I.P is not only an ideal investment location but also provides professional investment support services. This helps investors optimize processes and operate their businesses efficiently.

Investment Support Services at Son My 1 I.P Include:

Legal consulting
Administrative procedure support
Customs and import-export consulting
Real estate brokerage
Labor sourcing support

The expert team at Son My 1 I.P will accompany investors, providing comprehensive solutions. This ensures businesses operate effectively from the start of their investment and operations.

With professional investment support services, Son My 1 I.P proudly stands as an ideal destination, helping investors establish and develop businesses in Binh Thuan.

Representative Projects in the Industrial Park

Son My 1 Industrial Park has attracted many large corporations such as Samsung, LG, and Panasonic. Their investments help develop the local economy while creating numerous job opportunities for workers.

Samsung’s project here has created over 5,000 well-paying jobs. LG’s project also generates many jobs, improving the livelihoods of local residents. Panasonic has also chosen Son My 1 I.P to expand its production, demonstrating their confidence in the potential and investment environment here.

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FAQ

Where is Son My 1 Industrial Park located?
Son My 1 I.P is located in Phan Thiet City, Binh Thuan Province.

What advantages does Son My 1 I.P have regarding transportation connections?
This industrial park has developed road, railway, and seaport connections, facilitating easy connectivity with neighboring provinces and major economic centers.

What is the scale and area of Son My 1 I.P?
This industrial park covers an area of approximately 335 hectares, providing land for various investment projects.

What are the main operating industries at Son My 1 I.P?
Main industries include electronics production, mechanics, chemicals, textiles, and supporting industries.

What outstanding competitive advantages does Son My 1 I.P have?
This industrial park has competitive advantages due to its abundant human resources and attractive investment incentive policies.

How is the technical infrastructure at Son My 1 I.P?
This industrial park has a modern technical infrastructure system with complete utilities such as electricity, water, telecommunications, and transportation.

How do local authorities and the business community support Son My 1 I.P?
Local authorities actively support businesses, and the business community is dynamic, creating effective cooperation opportunities.

What investment support services does Son My 1 I.P provide?
This industrial park offers professional investment support services, including legal consulting, administrative support, customs assistance, and real estate brokerage.

What representative investment projects has Son My 1 Industrial Park attracted?
This industrial park has attracted many projects from large corporations such as Samsung, LG, and Panasonic.