Overview of Tam Hiep Industrial Park:
Tam Hiep Industrial Park is located in Tam Hiep commune, Nui Thanh district, Quang Nam Province.
Ky Ha Chu Lai Quang Nam Investment and Development Joint Stock Company invests in and develops it as one of the highly efficient industrial zones within the Chu Lai Open Economic Zone, covering an area of 710 hectares.
With its attractiveness, Tam Hiep Industrial Zone has attracted 26 investors, including 3 foreign investors.
Situated in an economically dynamic region of the province, Tam Hiep Industrial Zone is approximately 30 kilometers from the provincial center of Quang Nam (Tam Ky City) and 90 kilometers north of Da Nang City. It is also 25 kilometers south of the central city of Quang Ngai, with National Highway 1A, the North-South expressway, and the North-South railway passing through. The zone also benefits from the proximity to Chu Lai Airport and the seaport system. With its favorable location, the industrial zone has attracted many investors, fostering economic growth and profitability.
The infrastructure of Tam Hiep Industrial Park:
Transportation System:
Main road system: 14m wide with 2 lanes; Internal transportation system: 10m wide with 2 lanes.
Electrical System:
Power is sourced from the national grid via the Ky Hoa 110KV substation, equipped with two 40 MVA transformers, ensuring a stable electricity supply for the industrial zone.
Water Supply System:
Supplied by the Tam Hiep Water Plant, with a capacity of 20,000 m3/day and night.
Wastewater Treatment System:
Compliant with national standards: QCVN 25:2009/BTNMT, QCVN 02:2012/BTNMT, QCVN 07:2009/BTNMT, QCVN 30:2012/BTNMT.
Fire Protection System:
Adhering to national technical standards on fire safety for buildings – Vietnam Building Code – TCVN 4317-1986 for warehouses and basic design principles for stores.
Communication System:
Internet: VNPT fiber optic cable ensures international standard communication, high-speed data transmission, and domestic/international postal services.
A Perspective on Tam Hiep Industrial Park – Quang Nam – TTTFIC Group
Investment attraction policy:
Priority investment sectors in the industrial zone include:
- Beverage production.
- Food processing.
- Pharmaceutical manufacturing and herbal medicine.
- Electronic and computer production.
- Automotive supporting industries.
- Construction materials manufacturing.
- Optical products: glass and silica-based products.
Notably, the Hyundai Group from South Korea has decided to invest in a Hyundai Engine Plant with a capacity of 25,000 engines per year.
Significant incentives for investing in the industrial zone include:
- Corporate income tax incentives: 10% for 15 years; exemption for the first 4 years of taxable income and a 50% reduction for the following 9 years. A 50% reduction in personal income tax for individuals with taxable income.
- Import tax incentives: Exemption from import tax for goods used as fixed assets; a 5-year exemption from import tax for raw materials, supplies, and components imported for production purposes that are not yet domestically produced.
- Other incentives: Investors are granted land leases and are exempt from land rental fees for constructing worker housing. Support for vocational training as prescribed by the Quang Nam Provincial People’s Committee and the Management Board of Chu Lai Open Economic Zone.
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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
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TTTFIC Group
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