Thot Not 1 Industrial Park in Can Tho City

Thot Not 1 Industrial Park is an important industrial center in Can Tho. It was established to promote industrial development. This industrial park helps attract investment and create job opportunities for the local population.

Key Highlights

Thot Not 1 Industrial Park is a crucial industrial hub in Can Tho.

Contributes to the promotion of industrial development in the city.

Attracts many investment projects and creates jobs for the local population.

Convenient geographic location with synchronous infrastructure.

Attractive incentive policies for investors.

Prime Location of Thot Not 1 Industrial Park

Thot Not 1 Industrial Park is located in Thot Not District, Thới Thuận Ward, Can Tho. It has a very favorable prime location. This area connects with multiple transportation systems, including road, waterway, and air transport. This facilitates the easy transportation of goods.

Convenient Transportation

Thot Not 1 I.P is situated in the heart of Can Tho. Therefore, access to major routes such as National Highway 1A, National Highway 91, Thị Nghè Port, Cái Răng Port, and Can Tho International Airport is easy. This allows businesses to transport goods efficiently.

Modern Infrastructure

Thot Not 1 I.P also boasts modern infrastructure. It meets all the needs of businesses, with complete systems for electricity, water, telecommunications, and utilities. This aids efficient production and business operations.

The location and infrastructure of Thot Not 1 I.P are important competitive advantages that attract many businesses to invest and expand their operations here.

Vị Trí Địa Lý Cần Thơ

History of Establishment and Development

Thot Not 1 Industrial Park was established in 1997. This marked a significant milestone in the development history of Can Tho. From the beginning, this industrial park has become a center for industrial and economic development in the region.

Over the past 20 years, Thot Not 1 I.P has continuously expanded and upgraded. From a small area, it has evolved into a key industrial center. Many domestic and foreign enterprises have invested and operated here.

The development of Thot Not 1 I.P reflects the economic growth of Can Tho. Its favorable geographic location and modern infrastructure have attracted many investors, contributing to the socio-economic development of the region.

Thot Not 1 I.P plays a crucial role in driving the industrial development history of Can Tho city.

The Important Role of Thot Not 1 Industrial Park

Thot Not 1 Industrial Park is a vital part of the economic development of Can Tho. The businesses here not only create numerous job opportunities but also help increase the income of the city.

Contribution to Can Tho’s Economy

This industrial park has attracted many businesses operating in sectors such as processing, mechanics, electronics, and construction. This creates thousands of new jobs, enhancing the income of local residents.

Generates thousands of new jobs.
Increases income for local residents.
Makes significant contributions to the city’s budget.

The businesses here also help the economy of Can Tho develop, contributing to the budget through taxes and fees.

Index	Year 2020	Year 2021	Year 2022
Number of jobs created	5,200	7,800	9,500
Contribution to the budget (billion VND)	120	150	180

Thot Not 1 I.P plays a key role in boosting the local economy, contributing to job creation and increasing the city’s budget revenue.

Main Industries in the Industrial Park

Thot Not 1 I.P is a bustling center for enterprises in Can Tho. It attracts various industries, each contributing to the city’s development.

Within this area, several key sectors are represented:

Food production and processing.
Industrial product manufacturing.
Logistics and transportation services.
Building materials production.
Electronics and home appliance manufacturing.

The businesses here are diverse and specialized, creating a vibrant industrial ecosystem that helps promote the socio-economic growth of Can Tho.

Thot Not 1 I.P is crucial for attracting business investment, adding diversity to Can Tho’s economy.

Introduction to Thot Not 1 Industrial Park in Can Tho City

Thot Not 1 Industrial Park stands out in Can Tho’s industrial development. Located in a strategic position, this industrial park has attracted many businesses, both domestic and international, contributing to the city’s economic growth.

This industrial park has a large area and modern infrastructure, creating a highly potential investment environment. The enterprises here not only develop the local industry but also create job opportunities for local residents.

Indicator	Thot Not 1 Industrial Park
Total area	104.31 ha
Occupancy rate	85%
Number of enterprises	120
Total investment	2.5 billion USD

Thot Not 1 I.P benefits from its geographic location, infrastructure, and incentive policies, making it increasingly important in Can Tho’s industrial development.

Investment Incentive Policies

The Can Tho city government has facilitated Thot Not 1 I.P by offering many attractive investment incentive policies. These incentives help reduce taxes and fees, creating favorable conditions for businesses.

Tax and Fee Incentives

To encourage investment, Thot Not 1 I.P offers numerous incentives:

Exemption from corporate income tax for the first four years.
50% reduction in corporate income tax for the next nine years.
Exemption from land use fees for the first 15 years.
50% reduction in land use fees for the following ten years.

These incentives make the investment environment attractive, encouraging many businesses to come and develop here. The city’s incentive policies play a crucial role in attracting investment projects to Thot Not 1 I.P.

Favorable Investment Environment

Thot Not 1 I.P not only has attractive incentive policies but also a very favorable investment environment due to its modern infrastructure. The convenient transportation network and professional operational management system enhance this environment.

Thot Not 1 I.P is equipped with modern infrastructure that meets the operational needs of businesses. Factories, production workshops, and utilities such as electricity, water, and roads are all well-planned.

The industrial park features a convenient transportation network that connects directly to major roads, seaports, and airports. This facilitates easy market access and efficient goods transportation for businesses.

Thot Not 1 I.P is managed and operated professionally. Enterprises receive timely support, and processes and procedures are conducted quickly and transparently, creating a favorable business environment.

With these advantages, the investment environment at Thot Not 1 I.P is very conducive. Many large enterprises are coming to invest and do business here.

Thot Not 1 I.P not only has attractive incentive policies but also a highly favorable investment environment, providing optimal conditions for enterprises to operate.

Future Development Potential

Thot Not 1 Industrial Park in Can Tho is expected to grow significantly in the future. Its strategic position and advantages attract many businesses, with considerable potential for development opening up numerous investment opportunities.

Plans to Expand the Industrial Park

The Can Tho government is planning to expand Thot Not 1 I.P. They will enhance infrastructure and improve transportation to attract more businesses.

With existing advantages and future development plans, Thot Not 1 I.P is expected to become an appealing destination for domestic and international investors. Local authorities and businesses are making efforts to develop Thot Not 1 I.P, promising to attract many investors in the future.

Notable Projects in the Industrial Park

Thot Not 1 I.P attracts many large investment projects. Leading corporations from various sectors have chosen this location for investment. These projects not only create jobs but also help develop the local economy while enhancing Can Tho’s position in Vietnam’s industrial sector.

Samsung Electronics Vietnam Co., Ltd. Electronic Product Manufacturing Plant

Notably, the electronics plant of Samsung Electronics Vietnam is a significant project. With investments of billions of USD, this factory has created thousands of jobs and significantly contributed to the development of the electronics industry in Can Tho.

Suntory PepsiCo Vietnam Co., Ltd. Food Processing Plant

Thot Not 1 I.P also attracts large corporations in the food industry. The food processing plant of Suntory PepsiCo Vietnam is a prime example. With a large production scale and capacity, it has made a remarkable impact.

Other Projects

In addition to electronics and food, Thot Not 1 I.P attracts many other projects. Sectors such as logistics, industrial processing, and many other industries are also involved. These projects make this industrial park diverse and thriving.

Thot Not 1 I.P has become an attractive destination for investors both domestically and internationally, thanks to its advantages in geographic location, modern infrastructure, and attractive investment incentive policies.

Management and Operation of the Industrial Park

Thot Not 1 Industrial Park is managed by Can Tho Infrastructure Development Joint Stock Company. This company is a leader in this field in Vietnam.

This company ensures the industrial park operates efficiently. They meet safety and environmental hygiene standards while creating favorable conditions for business investment.

Manage technical infrastructure and public services.
Maintain a safe, friendly production environment.
Provide support services for businesses to operate.
Coordinate with local authorities in managing and operating the industrial park.

The professional management team of Thot Not 1 I.P makes it an attractive destination for businesses, achieving high operational efficiency.

Effective management and operation are key to transforming the industrial park into a dynamic and successful investment environment.

Conclusion

Thot Not 1 I.P plays an important role in the industrial development of Can Tho. Its strategic location, modern infrastructure, and incentive policies have attracted many businesses, making it an appealing place.

Thot Not 1 I.P has boosted the local economy and created job opportunities. With its growth potential, this industrial park will continue to thrive, becoming a prime destination for investors.

Thot Not 1 Industrial Park has demonstrated its significant position in Can Tho’s industrial development. With its outstanding advantages, this industrial park will continue to shine in Vietnam.

Other Industrial Parks

FAQ

What is the location of Thot Not 1 Industrial Park?

Thot Not 1 I.P is located in Thot Not District, Thới Thuận Ward, Can Tho. It has a developed transportation system, connecting road, waterway, and air transport, facilitating easy goods transportation. The infrastructure for electricity, water, and telecommunications is also modern, meeting business needs.

What is the history of Thot Not 1 I.P’s establishment and development?

Thot Not 1 I.P was established in 1997. Over the past 20 years, it has developed significantly and is now an important industrial center in Can Tho.

What is the role of Thot Not 1 I.P in Can Tho’s economy?

Thot Not 1 I.P plays a vital role in Can Tho’s economy. It generates many jobs and increases residents’ income, contributing to the city budget.

What are the main industries in Thot Not 1 I.P?

Thot Not 1 I.P includes industries such as food processing, manufacturing, and logistics. This diversity supports comprehensive economic development in the city.

What are the investment incentive policies for businesses in Thot Not 1 I.P?

The Can Tho government has issued many incentives for businesses, including tax and fee exemptions and reductions, creating favorable conditions for investors.

How is the investment environment at Thot Not 1 I.P?

Thot Not 1 I.P offers a favorable investment environment with modern infrastructure and convenient transportation, creating good conditions for businesses to operate.

What is the future development potential of Thot Not 1 I.P?

Thot Not 1 I.P has a strategic position and advantages, with expectations for future growth. The Can Tho government also plans to expand and upgrade this industrial park.

What notable projects are currently operating in Thot Not 1 Industrial Park?

Thot Not 1 Industrial Park hosts several notable projects, including the electronics plant of Samsung Electronics Vietnam and the food processing plant of Suntory PepsiCo Vietnam, along with logistics and industrial processing projects.

How is Thot Not 1 Industrial Park managed and operated?

Thot Not 1 Industrial Park is managed by Can Tho Infrastructure Development Joint Stock Company, which ensures the industrial park operates efficiently and professionally.