Overview of Quang Phu Industrial Park:
Quang Phu Industrial Park was established and approved by the Prime Minister through Decision No. 402/TTg on April 17, 1999. The Detailed Planning was approved by the Minister of Construction through Decision No. 885/QD-BXD on May 24, 2001, with a total area of 99.42 hectares.
The Ministry of Construction authorized the Provincial People’s Committee to approve the expansion of the detailed planning through Decision No. 130/QD-UBND on January 20, 2006, increasing the total area of Quang Phu Industrial Zone to 146.76 hectares.
Geographical Location:
Quang Phu Industrial Park is located in Quang Phu Ward, Quang Ngai City, Quang Ngai Province.
Scope and boundaries:
- East boundary: Adjacent to Nguyen Chi Thanh Street and residential areas.
- South boundary: Adjacent to Quang Ngai Airport (Old Airport).
- West boundary: Adjacent to residential areas.
- North boundary: Adjacent to Tra Khuc River.
Quang Phu Industrial Park has a strategic location, making it easy for businesses, residents, and workers to travel to important locations and centers such as national highways, airports, seaports, and train stations. This facilitates the transportation of goods and promotes production, manufacturing, and distribution of goods to contribute to the development of the local and regional economy.
Master plan map of Quang Phu Industrial Park – Quang Ngai – TTTFIC Group
Infrastructure of Quang Phu Industrial Park:
– Transportation system:
- Main road system (width, number of lanes): 15.5 meters wide.
- Internal transportation system (width, number of lanes): The investor has completed the system for each factory area and each land lot.
– Electricity: National power system (110KV, 220KV…): A 22KV power supply line and lighting along the internal roads of the industrial zone have been completed.
– Wastewater treatment: Maximum treatment capacity (m3/day): The wastewater treatment plant has a capacity of 4,500 m3/day and night.
– Waste treatment: Completed and put into operation.
– Firefighting system: The industrial park equips businesses with its fire suppression system.
– Communication: Internet investment industrial park to factory fence.
Wastewater treatment plant of Quang Phu Industrial Park – Quang Ngai – TTTFIC Group
Investment Attraction Industries of Quang Phu Industrial Park:
- Seafood processing industry.
- Timber processing and paper industry.
- Beer, alcohol, beverage, confectionery, and packaging industry.
- Other industries with low environmental pollution.
Investment incentives :
– Corporate income tax incentives:
- 10% tax incentive for 15 years.
- Exemption from corporate income tax for 4 years and a 50% reduction in tax payable for the next 9 years.
– Import tax incentives:
- Exemption from import tax for imported goods used as fixed assets for investment incentive projects.
- Exemption from import tax for 5 years from the start of production for raw materials and finished products that Vietnam has not been able to produce yet.
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.
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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
TTTFIC Group
Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.
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