The blueprint for the Cau Quan Industrial Park’s detailed construction received the green light from the People’s Committee of Tra Vinh province, via Decision No. 422/QD-UBND, promulgated on March 12, 2010. This comprehensive plan, drafted at a 1/500 scale, encompasses an area of 130.33 hectares. The park is presently in active pursuit of infrastructural investment to facilitate a diverse array of business and production endeavors.
The proposal by Thien Phu and Hai Dang Joint Stock Company to investigate and formulate investment plans for the Cau Quan Industrial Park project gained approval and endorsement from the People’s Committee of Tra Vinh province, as indicated in Official Letter No. 3169/UBND-KT, issued on August 11, 2020.
The designers have planned the project for a duration of 50 years, with the possibility of extension according to the governing regulations. They have publicized detailed planning at a 1/500 scale and are currently making efforts to attract infrastructural investment.
Critical position
The Cau Quan Industrial Park enjoys a strategic location, situated next to the Hau River and National Highway 60. It provides direct access to the primary waterway transport routes of the Mekong Delta through the Tra Vinh Canal, offering a convenient and advantageous site for investors and businesses.
The designers of the Cau Quan Industrial Park have emphasized sustainable growth and development, envisioning it as a vibrant industrial hub that enhances local economic prosperity and remains harmonious with the surrounding natural landscape.
The park aims to lure investments from a wide range of sectors, such as manufacturing, processing, logistics, and services. Its prime location offers seamless connectivity to both domestic and international markets, making it a perfect launching pad for businesses aiming to broaden their horizons.
The Tra Vinh provincial government is steadfast in its commitment to nurturing a conducive business environment within this Industrial Park. To entice both local and overseas investors, they provide a host of incentives, including tax reductions, simplified administrative procedures, and support in infrastructure development.
The government is also planning to boost the park’s modern infrastructure, with provisions for a reliable power grid, water treatment plants, logistics hubs, and efficient transportation networks. This ensures that businesses within the park can operate in a streamlined and effective manner.
The Cau Quan Industrial Park represents a lucrative prospect for businesses seeking a strategic foothold in the dynamic Mekong Delta region of Vietnam. Combining state-of-the-art infrastructure, supportive governance, and a geographically advantageous position, it is poised to evolve into a thriving nucleus of industrial activity and economic advancement in the near future.
