Vam Cong Industrial Park in An Giang Province

Vam Cong Industrial Park is an emerging industrial center in the Mekong Delta. It has a strategic location, modern infrastructure, and attractive investment incentives. This has drawn many domestic and foreign investors. The goal of this industrial park is to boost industrial and manufacturing development. Vam Cong Industrial Park is establishing its position in the economy of An Giang Province and the Mekong Delta.

Key Points to Note:

Vam Cong Industrial Park is an emerging industrial center in the Mekong Delta region

It offers a strategic location, modern infrastructure, and attractive investment incentives

Attracts interest from many domestic and foreign investors

Contributes to promoting industrial and manufacturing development in the local area

Establishing its position on the economic map of An Giang Province

Geographical Location of Vam Cong Industrial Park

Vam Cong Industrial Park is located in Tịnh Biên District, An Giang Province. It is about 25 km west of Long Xuyên City. This location provides advantages in transportation and economic development potential.

Advantages in Road and Waterway Transportation

Vam Cong I.P is conveniently connected by both road and waterway, facilitating the transport of raw materials and goods. Specifically:

Road: Located near National Highway 91, connecting to major economic centers such as Long Xuyên City and Châu Đốc.
Waterway: Adjacent to the Hậu River, taking advantage of waterway transport and connecting with major seaports.

Economic Development Potential in the Region

The location of Vam Cong I.P enables connections with major economic centers, trade hubs, and seaports. This creates favorable conditions for regional economic development, making it a key factor in attracting investors.

Utility	Description
Road Transportation	Connected to National Highway 91, National Highway 80, linked to major economic centers
Waterway Transportation	Adjacent to the Hậu River, connected to seaports
Economic Development Potential	A strategic location to connect with economic centers, trade hubs, and seaports

The geographical location of Vam Cong I.P is a significant advantage, enhancing connectivity with important economic centers and laying the foundation for sustainable regional development.

Vị Trí Địa Lý Tỉnh An Giang

History of Formation and Development of the Industrial Park

Vam Cong Industrial Park was established in 2008 with the goal of attracting industrial manufacturing investments, contributing to the socio-economic development of An Giang Province. Over the past decade, the industrial park has expanded and improved its infrastructure, welcoming new investment projects from both domestic and international sources.

The development of Vam Cong I.P is impressive:

2008: Vam Cong I.P was established with an area of 300 hectares, attracting industrial manufacturing projects.
2008-2015: The industrial park developed steadily, attracting many domestic and foreign projects.
2016: The industrial park expanded by an additional 200 hectares, reaching a total of 500 hectares, to meet investment demand.
2016-Present: Technical infrastructure has been improved, attracting new projects, creating jobs, and boosting the socio-economic development of An Giang Province.

With a significant formation and development history, Vam Cong I.P has attracted many investors and contributed to the industrial growth of An Giang Province. It is becoming one of the key drivers of socio-economic development in the province.

Potential and Advantages of Vam Cong Industrial Park

Vam Cong I.P in An Giang Province offers many advantages, making it an attractive destination for investors. This industrial park has strong development potential due to a combination of key factors.

Abundant Workforce

Vam Cong I.P has an abundant labor force. The workforce is skilled and of high quality. Neighboring provinces such as Long An, Đồng Tháp, and Kiên Giang provide a rich source of well-trained labor.

Complete Infrastructure

Vam Cong I.P has a well-established and modern infrastructure system that meets the needs of industrial manufacturing. The transportation network, power and water supply, telecommunications, and support services are all well-equipped, creating a favorable business and investment environment.

With advantages in labor and infrastructure, Vam Cong I.P has the potential to become a dynamic industrial hub. Many investors are showing interest and investing in this area.

Vam Cong I.P is an attractive destination for investors, thanks to its abundant workforce and modern infrastructure.

Key Industries at the Industrial Park

Vam Cong Industrial Park in An Giang Province is a key location for industrial development. The main industries here include:

Consumer goods production
Electronic products
Garment and textile manufacturing
Food processing
Mechanical engineering

These industries contribute significantly to the development of An Giang Province and align with the area’s advantages in abundant labor and good infrastructure.

Industry	Proportion in the Industrial Park	Key Advantages
Consumer goods	30%	Stable market demand, abundant general labor force
Electronic products	25%	Sufficient supply of components, skilled technical experts
Garment and textile	20%	Predominantly female workforce, high productivity, competitive production costs
Food processing	15%	Abundant agricultural resources, geographical advantages
Mechanical engineering	10%	Increasing demand for mechanical products supporting industrial manufacturing

These industries have competitive advantages such as low costs, abundant labor, and good infrastructure. As a result, Vam Cong I.P is attracting many investors.

Vam Cong Industrial Park is driving new industrial development in An Giang Province, while enhancing the province’s position on Vietnam’s industrial investment map.

Investment Incentive Policies at the Industrial Park

The government of An Giang Province has created favorable conditions for investors by introducing attractive investment incentive policies at Vam Cong I.P. Investors benefit from tax and fee exemptions, land and infrastructure support, which help them save costs and increase development opportunities.

Tax and Fee Incentives

Investors in Vam Cong I.P enjoy numerous tax and fee incentives, such as:

Exemptions and reductions in corporate income tax for several initial years
Support for low-interest loans
Exemptions and reductions in land use fees, and investment certificate issuance fees

Land and Infrastructure Support

Vam Cong I.P also provides land and infrastructure support for investors, including:

Offering land at preferential rates
Supporting the development of infrastructure such as roads, electricity, and water supply
Facilitating access to material and resource supplies for businesses

With these investment incentive policies, Vam Cong I.P is attracting many investors and creating an appealing investment environment that encourages project development.

Favorable Investment Environment

Vam Cong I.P provides an extremely favorable business and investment environment. With modern infrastructure, attractive incentives, and a high-quality workforce, this is an ideal location. Manufacturing and industrial projects can be initiated and developed here.

The strategic location of Vam Cong I.P, near key transportation routes and urban centers, is a major advantage for investors. They can easily access raw materials, transport goods, and reach consumer markets.

The modern infrastructure system includes roads, electricity, water, telecommunications, and other utilities, fully meeting the needs of businesses.
Tax and land incentives help reduce investment costs and increase business efficiency.
The abundant and skilled workforce from neighboring regions meets the labor needs of investors.

With these outstanding advantages in the investment environment, Vam Cong I.P is becoming a highly attractive destination. Both domestic and foreign businesses are seeking opportunities here.

Future Expansion and Development Plans

The management board of Vam Cong I.P has ambitious development plans to raise the profile of this industrial park. The goal is to expand the area and improve infrastructure to attract more investors.

Vam Cong I.P will expand its land, allowing businesses to grow and expand. Additionally, the park will invest in infrastructure systems such as roads, electricity, water, and telecommunications.

This will make Vam Cong I.P more appealing for production projects, supporting the development and expansion of the park in the future.

Conclusion

Vam Cong Industrial Park, located in An Giang Province, has a strategic location, modern infrastructure, and attractive investment incentives. This has drawn domestic and foreign investors, boosting the economy, creating jobs, and increasing income.

Development brings new opportunities and sets the region apart. With its existing advantages and the commitment of local authorities, the park will continue to develop and strengthen its position, opening doors to sustainable growth in An Giang Province. It has outstanding potential and advantages.

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FAQ

What is the geographical location of Vam Cong I.P?
Vam Cong I.P is located in Tịnh Biên District, An Giang Province, about 25 km west of Long Xuyên City. This location offers convenient road and waterway transportation.

What are the advantages of Vam Cong I.P?
Vam Cong Industrial Park has numerous advantages, including an abundant and skilled labor force from neighboring provinces and modern infrastructure that meets industrial manufacturing needs.

What industries are concentrated in Vam Cong I.P?
The key industries in Vam Cong I.P include consumer goods production, electronics, garments and textiles, food processing, and mechanical engineering.

What investment incentive policies are available at Vam Cong I.P?
The An Giang provincial government has issued various incentive policies, including tax and fee exemptions, as well as support for land and infrastructure development.

What are the future development plans for Vam Cong I.P?
The management board of Vam Cong I.P has plans to expand the park’s scale and upgrade its infrastructure to meet the growing demand of investors.