Overview of North-East Song Cau 2 Industrial Park:
The implementation of the North-East Song Cau 2 Industrial Park, closely integrated with the socio-economic development of the Northeast region of Song Cau Town, commenced in February 2002.
Nestled within the boundaries of Xuan Hai Commune, Song Cau Town, and gracing the picturesque Phu Yen Province, stands the esteemed North-East Song Cau 2 Industrial Park.
Managed by the Management Board of Industrial Parks of Phu Yen Province, it encompasses a planned total area of 81.8 hectares. The management board is currently making strong efforts to promote favorable policies to attract investors. The infrastructure of the industrial park is built synchronously and incorporates multiple features, meeting international standards.
Furthermore, the industrial park aims to become the leading industrial zone in Phu Yen Province and attract a large workforce. Therefore, priority is given to the establishment of top-notch facilities and services to ensure the best conditions for both workers and investors.
NORTH-EAST SONG CAU 2 INDUSTRIAL PARK – TTTFIC GROUP
The infrastructure of Dong Bac Song Cau 2 Industrial Park:
Transportation System:
The main road axis is 50 meters wide with 4 lanes, and the internal road axis is 20 meters wide.
Electric System:
The transformer station is 110/35-22-10-6kV.
Communication Information: Complete
The installation of a network system following international standards facilitates seamless domestic and international communication, providing telecommunication services.
The industrial park’s factory supplies the clean water system, ensuring it meets the demands of daily activities and large-scale production.
Currently, the construction of the wastewater treatment plant for the drainage system is pending.
To ensure safety within the industrial park, the fire prevention and fighting system is strategically installed alongside the clean water system.
The industrial park implements a greenery system that prioritizes being green, clean, and beautiful, aiming to minimize its impact on the environment.
NORTH-EAST SONG CAU 2 INDUSTRIAL PARK – TTTFIC GROUP
Attracting Investment in Industrial Park:
Promoted Investment Sectors in the Province:
The province encourages investment in the following sectors:
Coconut-based products.
Agricultural, Forestry, and Aquatic products for export.
Food processing and beverage production.
High-quality construction materials.
Footwear, leather, garments, handicrafts.
Plastics, chemicals.
Wood, paper.
Mechanical engineering, electronics.
Investment Incentives:
Located in an economically disadvantaged region, this industrial park benefits from incentives categorized under Category C by the Government of Vietnam.
Additional incentives provided by Phu Yen province include:
Land rental 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 related to implementing quality standards for products and production, and costs for preparing environmental impact assessments.
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
Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
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Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.
Industrial real estate in industrial zones, Vietnam
