Thuan Thanh 1 Industrial Park in Bac Ninh Province

Bac Ninh, a province in northern Vietnam, is attracting many businesses. This is thanks to the development of industrial parks, especially Thuan Thanh 1 Industrial Park. We will explore the location, history, infrastructure, businesses, and potential of this industrial park.

Key Points to Remember

Thuan Thanh 1 Industrial Park is located in Bac Ninh Province, close to important transport routes

It has a sustainable history of formation and development

Equipped with modern infrastructure that meets business needs

Attracts many large domestic and foreign enterprises

Great development potential due to its strategic location and investment incentive policies

Geographic Location of Thuan Thanh 1 Industrial Park

Located in Bac Ninh Province, Thuan Thanh 1 Industrial Park has a strategic position. It is the industrial heart of the region. This industrial park benefits from a favorable geographical location and easy access to transportation.

Located in Bac Ninh Province

Bac Ninh is a locality with strong industrial development. Its geographical position is close to the capital, Hanoi. Modern transport infrastructure helps connect with economic and political centers.

Close to Important Transport Routes

Thuan Thanh 1 I.P is near important transport routes. Businesses can easily access and transport goods. This helps optimize costs and enhance production and business efficiency.

Transport Utility	Distance
Noi Bai International Airport	30 km
Hai Phong Seaport	100 km
Hanoi – Hai Phong Highway	Adjacent

Vị Trí Địa Lý Tỉnh Bắc Ninh

History of Formation and Development of the Industrial Park

Thuan Thanh 1 Industrial Park was established in 2003. This was an important step in the industrial development of Bac Ninh Province. Since its establishment, the industrial park has continuously expanded and improved its infrastructure. This helps meet the needs of both domestic and foreign businesses.
Favorable conditions and attractive investment incentive policies have attracted many large enterprises. Factories have been built and are now operational. This has contributed to the development of the industrial park.
Thuan Thanh 1 I.P has become a highlight in the industrial formation and development of Bac Ninh Province.
Currently, with modern infrastructure and investment support policies, Thuan Thanh 1 I.P continues to affirm its position. It is one of the leading industrial parks in Bac Ninh Province. The industrial park makes significant contributions to the socio-economic development of the locality.

Modern Infrastructure at Thuan Thanh 1 Industrial Park

Thuan Thanh 1 Industrial Park is built with modern infrastructure. It effectively meets production activity needs. The convenient transportation system and stable electricity supply are notable features. This creates favorable conditions for investors.

Convenient Transportation System

Thuan Thanh 1 I.P has a spacious internal transportation system. This facilitates the movement of goods and labor smoothly and quickly. Main roads directly connect to important national and provincial highways. This allows businesses easy access to domestic and international markets.

Stable Electricity Supply

In addition to a convenient transportation system, Thuan Thanh 1 I.P also has a stable electricity supply. The power supply system operates continuously and efficiently. This ensures production activities proceed without interruption.
Thuan Thanh 1 I.P possesses modern infrastructure, creating a significant competitive advantage for businesses investing here.

Criteria	Thuan Thanh 1 Industrial Park
Transportation System	Convenient and quick
Electricity	Stable, continuous
Infrastructure	Modern, effectively meets production needs

Favorable Investment Environment at the Industrial Park

Thuan Thanh 1 Industrial Park is located in Bac Ninh Province. It has a favorable geographical location and modern infrastructure. At the same time, this industrial park also offers a very favorable investment environment for businesses. This is thanks to attractive investment incentive policies.

Attractive Investment Incentive Policies

Thuan Thanh 1 I.P is an attractive destination. It offers unique investment incentive packages. These incentives include:

Exemptions/reductions in corporate income tax for the first few years
Support for infrastructure and land for investment projects
Other policies to facilitate investors

As a result, many domestic and foreign enterprises have chosen to invest and develop in Thuan Thanh 1 I.P.
Thuan Thanh 1 I.P creates an attractive investment environment with excellent incentives and support policies for businesses.

Major Companies Operating at the Industrial Park

Thuan Thanh 1 I.P has attracted many leading industrial corporations. Companies such as Samsung, Canon, Foxconn, LG, and Panasonic have chosen this industrial park for their production and development. They have established manufacturing bases here.
Their contributions not only help the local economy develop but also enhance the reputation of Thuan Thanh 1 I.P worldwide. These companies create numerous jobs, contributing to the development of local businesses and the community.

Company Name	Industry Area	Year Established in the Industrial Park
Samsung	Electronics, Technology	2008
Canon	Cameras, Office Equipment	2010
Foxconn	Electronics, Technology	2012
LG	Electronics, Appliances	2015
Panasonic	Electronics, Appliances	2018

By attracting top-tier companies, Thuan Thanh 1 I.P not only creates jobs but also helps the industrial park grow. They actively contribute to the development of Thuan Thanh 1 I.P.

Development Potential of the Industrial Park in the Future

Thuan Thanh 1 Industrial Park has a strategic location and a favorable investment environment. Local authorities are planning to expand the area. They aim to attract more new businesses, especially in promising industries such as electronics manufacturing, mechanical engineering, and textiles.

Expansion Plans for Thuan Thanh 1 Industrial Park

In the next five years, the industrial park’s area will be expanded by approximately 200 hectares. The new area will be invested in with modern infrastructure. This will meet the needs of businesses, from transportation to electricity, water, and other utilities.
This expansion will attract more domestic and foreign companies to invest in Thuan Thanh 1 I.P. This will boost the region’s development potential in the future.

Benefits of Investing in Thuan Thanh 1 Industrial Park

Choosing Thuan Thanh 1 I.P in Bac Ninh Province as an investment location, businesses will receive numerous benefits. This enhances efficiency and increases competitiveness.
This industrial park has modern infrastructure. It effectively meets the needs of investors. Convenient transportation and stable electricity are crucial conditions for businesses.
The Vietnamese government has implemented attractive investment incentive policies. These policies include tax exemptions, legal and administrative support. This helps businesses save costs and increase profits.
The favorable geographical location of the industrial park facilitates exports and logistics. This is a significant advantage for businesses.
With these benefits, Thuan Thanh 1 I.P attracts many investors. It is a promising investment location in Bac Ninh.

Conclusion

Thuan Thanh 1 Industrial Park in Bac Ninh Province is attracting many investors. Its location near important transport routes and modern infrastructure is appealing. The attractive incentives also help this industrial park develop strongly.
The advantages in infrastructure and policies have attracted many large enterprises. Thuan Thanh 1 I.P will expand in the future. This will attract more new investors and promote the growth of investment and industry.
Therefore, Thuan Thanh 1 I.P is becoming a bright spot in Vietnam’s economy. It brings many benefits to investors.

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FAQ

Where is Thuan Thanh 1 Industrial Park located?
Thuan Thanh 1 I.P is located in Bac Ninh Province. It is an important industrial center in Vietnam.

What transport routes are near Thuan Thanh 1 I.P?
Thuan Thanh 1 I.P is close to highways, airports, and seaports. This makes it easy for businesses to transport goods.

When was Thuan Thanh 1 I.P established?
Thuan Thanh 1 I.P was established in 2003. Its purpose is to promote the industry of Bac Ninh Province.

What infrastructure does Thuan Thanh 1 I.P have?
The industrial park has a convenient transportation system and stable electricity. This meets the production needs of businesses.

What is the scale of Thuan Thanh 1 I.P?
The industrial park is spacious, providing ample room for business development.

What are the main industries in Thuan Thanh 1 I.P?
The industrial park has industries such as electronics, mechanical engineering, chemicals, textiles, and automotive parts.

What investment incentive policies does Thuan Thanh 1 I.P offer?
The industrial park offers incentives like tax exemptions, infrastructure support, and land provisions. This attracts both domestic and foreign businesses.

Which large companies are operating in Thuan Thanh 1 I.P?
Large companies such as Samsung, Canon, Foxconn, LG, and Panasonic are operating here.

What are the future development plans for Thuan Thanh 1 I.P?
The industrial park plans to expand its area. This will attract more new businesses.

What benefits does investing in Thuan Thanh 1 Industrial Park provide?
Investing here offers benefits such as modern infrastructure, attractive policies, favorable location, and a stable business environment. This enhances efficiency and increases competitiveness.