Overview of North-East Song Cau 1 Industrial Park:
The Provincial People’s Committee of Phu Yen Province approved the implementation of Northeast Song Cau Industrial Park 1, an industrial park closely linked to the socioeconomic development of the Northeast region of Song Cau Town. It was implemented in February 2002, and the Detailed Plan for Northeast Song Cau Industrial Park (Decision 227/QD-QD on August 20, 2003, and Decision 1465/QD-UBND on October 6, 2010) was approved by the Provincial People’s Committee.
North-East Song Cau 1 Industrial Park is Located in Xuan Hai commune and Xuan Canh commune, Song Cau town, Phu Yen province. North-East Song Cau 1 Industrial Park covers an area of 105.8 hectares, It is invested and managed by the Provincial Industrial Park Management Board of Phu Yen, and currently, efforts are being made to promote incentive policies to attract investors. The infrastructure of the industrial park is built synchronously, with various features, and according to international standards.
Moreover, the industrial park is situated in the coastal province of South Central Coast, with a favorable geographical location and diverse resources including sea, plains, midlands, and mountains. This provides the province with many advantages, especially in terms of industrial development potential. As a result, it attracts a large number of workers from neighboring provinces, promising to bring a highly skilled workforce to the Central region’s industrial park.
Master plan map of North-East Song Cau 1 Industrial Park – TTTFIC GROUP
Infrastructure of The Industrial Park:
Internal transportation:
Main axis:
Width: 50m
Number of lanes: 4 lanes
Internal axis:
Width: 20m
Number of lanes: 2 lanes
Power supply system – National power grid: 22KV
Water supply system:
The industrial park’s water plant supplies the water system, meeting the demand for domestic use as well as other large-scale production activities.
Wastewater drainage system:
Wastewater treatment plant: Not yet constructed
Connection rate for wastewater drainage.
Postal and telecommunication system – Internet: ADSL
Communication information: FAX, DID
North-East Song Cau 1 Industrial Park -TTTFIC GROUP
Attracting Investment in Industrial Park:
List of investment-encouraged products by the province:
Coconut-based products.
Agricultural, forestry, and aquatic products for export.
Food processing, beverages.
High-quality construction materials.
Footwear, leather, garments, handicrafts.
Plastics, chemicals.
Wood, paper.
Mechanical engineering, electronics.
This industrial park enjoys incentives under Category C of the Vietnamese Government’s list of disadvantaged economic regions.
Some other incentives provided by Phu Yen Province:
Land rent exemption for 12 to 15 years.
Free infrastructure usage for 5 years.
Corporate income tax exemption for the first 4 years and a 50% reduction for the following 7 to 9 years.
Support for labor training costs, expenses for implementing product quality standards and production business, and costs for preparing environmental impact assessment reports.
The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
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Industrial real estate in industrial zones, Vietnam
