On December 29, 2015, C&N VINA TAM ANH – KOREA CO., LTD in collaboration with the Chu Lai Open Economic Zone Management Board, Quang Nam province, organized the groundbreaking ceremony for the infrastructure construction of Tam Anh Industrial Park – South Korea, with a total investment value of 525 billion Vietnamese dong.
The entire project is built on an area of 200 hectares.
Tam Anh Industrial Park is situated in the Tam Anh commune of Nui Thanh district, Quang Nam Province.
Tam Anh Industrial Park – Quang Nam has a highly advantageous geographical location, close to city centers, allowing for easy trade with areas in the southern part of Vietnam.
The Chu Lai Open Economic Zone Management Board granted an Investment Certificate to the Tam Anh – South Korea Industrial Park project on April 5, 2013, allowing for a project implementation period of 50 years from the date of licensing. The project, as planned, achieved completion and commenced operations in the fourth quarter of 2017.
Currently, Tam Anh Industrial Park – South Korea has become a key and important industrial park in the Central region in general and Quang Nam province in particular.
Master plan map of Tam Anh Industrial Park – Quang Nam – TTTFIC Group
II. Infrastructure of Tam Anh Industrial Park:
Internal transportation system:
Main industrial park road: width ranging from 36 to 40 meters.
Internal roads within the industrial park: 2 to 4 lanes, with widths ranging from 22 to 33 meters.
The internal transportation system is integrated with the external system, forming a complete and convenient transportation network for the transportation of goods.
Power system:
Currently, Quang Nam has an electricity grid with capacities of 110kV, 220kV, and 500kV, depending on the demand.
Quang Nam Provincial Power Company ensures a stable electricity supply to the factories within the industrial park.
Water supply system:
Water for production in the factories is sourced from the water supply plant in Quang Nam province and will soon be obtained from the Phu Ninh Lake.
Phase 1 capacity is 100,000m³/day and night, with an estimated expansion to 300,000-350,000 m³/day and night.
Wastewater treatment system:
The total planned project capacity is 10,000m³/day and night.
Enterprises must treat wastewater to meet Standard B according to QCVN 40:2011/BTNMT before discharging it into the centralized wastewater treatment system of the industrial park.
Postal and telecommunication services:
There is an internal and international communication system that meets the telecommunication needs of investors, including various services such as telephone, data transmission, and internet.
The transportation of Tam Anh Industrial Park – Quang Nam – TTTFIC Group
III. Investment-attracting sectors of Tam Anh Industrial Park:
Tam Anh Industrial Park is a multi-sector industrial park that attracts investments in the following sectors:
Textile-dyeing-garment industry
Fashion and apparel industry
Supporting and auxiliary industries for textiles and garments
Construction material production
Agricultural and forestry product processing
Electronics industry and consumer electronics products
Chemical and cosmetic manufacturing
Stationery production project
Packaging industry (paper, metal, plastic), high-end packaging.
IV. Tax incentives and support:
Corporate income tax:
Apply a 10% corporate income tax rate for 15 years from the time the investment project generates income.
Exempt corporate income tax for 4 years after taxing the enterprise’s income.
Reduce 50% of the corporate income tax payment for the following 9 years.
Personal income tax:
Exempt tax for construction materials, specialized transportation equipment, machinery and equipment, and materials (not produced in Vietnam) forming the fixed assets of the company.
Exempt tax for raw materials, components, consumables, samples, machinery, and equipment used in the production of export goods or outsourcing.
Support from the Chu Lai Management Board: One-stop Service procedure.
Support from C&N VINA:
Support investment, economic, and labor environment of Quang Nam province, Vietnam.
Support administrative procedures (related costs borne by the investor):
Submission of project proposal.
Company establishment procedures (ERC).
Factory construction permits.
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
