I. Overview of Thuan Yen Industrial Park:
Thuan Yen Industrial Park, one of the first four industrial parks established in Quang Nam province, is listed in the national industrial park portfolio approved by the Government through Decision No. 1107/QD-TTg dated August 21, 2006. In recent years, with the attention of the provincial government and businesses, Thuan Yen Industrial Park has been invested in comprehensive and synchronized infrastructure. With its advantageous geographical location, Thuan Yen Industrial Park has gradually narrowed the gap in occupancy rates and attracted foreign direct investment (FDI) compared to other industrial parks in the province, such as Dong Que Son Industrial Park, Dien Nam – Dien Ngoc Industrial Park, Bac Chu Lai Industrial Park, and Tam Hiep Industrial Park.
Thuan Yen Industrial Park in Tam Dan commune, Tam Ky town, Quang Nam province, Vietnam
The Industrial Park spans an area of 230 hectares and is under the ownership of Vinaconex 25 Corporation as the main investor. The industrial park has been and continues to attract significant investment to this area.
Thuan Yen Industrial Park – Quang Nam Province – TTTFIC Group
II. Infrastructure of Thuan Yen Industrial Park:
Internal Transportation System:
- Main axis – Width: 27m
- Number of lanes: 2 lanes
- Internal axis – Width: 19.5m
- Number of lanes: 2 lanes
Power Supply System – 150 Kv.
- Backup power plant: Not available.
Water Supply System:
Supplied by Tam Ky Water Plant, with a capacity of 20,000 m3/day and night.
Wastewater Treatment System:
Plant standards: QCVN 25:2009/BTNMT; QCVN 02:2012/BTNMT; QCVN 07:2009/BTNMT; QCVN 30:2012/BTNMT.
Postal and Telecommunication System – Internet: ADSL
Communication Information:
- VNPT Fiber Optic Cable.
- The telecommunication system meets international standards, fully satisfying communication needs, high-speed data transmission, and domestic and international postal services.
Fire Fighting System:
National technical regulations on fire safety for buildings and constructions.
Thuan Yen Industrial Park – Quang Nam Province – TTTFIC Group
III. Investment attraction policy:
Industries and sectors that attract significant investment include:
- Infrastructure investment and factory operations.
- Agro-forestry-fishery processing industry.
- Consumer goods and construction materials manufacturing industry.
- Electronics assembly and industrial sewing industry.
IV. Investment incentives offered by the Industrial Park:
- Corporate income tax incentives: 10% for 15 years; exempt from tax for the first 4 years from the time of taxable income and a 50% reduction for the next 9 years. A 50% reduction in personal income tax for individuals with taxable income.
- Import tax incentives: Exemption from import tax on goods used to create fixed assets; import tax exemption for the first 5 years on raw materials, supplies, and components for finished goods that are domestically unavailable and imported for production purposes.
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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
TTTFIC Group: Guide to Industrial Real Estate in Vietnam
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Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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