Tinh Phong Industrial Park - Quang Ngai Province

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Information
Operating time: 1999 - 2049
Total Area: 141.72 Ha
Infrastructure investors: Conseil de gestion du parc industriel de Quang Ngai
Price: 30 USD/m2
Building density: 60%
Occupancy: 100%
Address: Commune de Tinh Phong, district de Son Tinh, province de Quang Ngai

Overview of Tinh Phong Industrial Park:

The Tinh Phong Industrial Zone was established and approved by the Prime Minister’s Decision No. 577/TTg on July 24, 1997. The Minister of Construction approved the detailed planning in Decision No. 492 BXD/KTQH on October 24, 1997. The Ministry of Construction authorized the People’s Committee of Quang Ngai province to approve the adjusted supplementary detailed planning in Decision No. 2216/QD-UBND on August 10, 2005, with a total area of 141.72 hectares. During the implementation process, the Management Board of Quang Ngai Industrial Zones made partial adjustments to the industrial land and transportation area according to Official Letter No. 728/SXD-KTQH&DT on August 23, 2011, issued by the Department of Construction of Quang Ngai.

The Tinh Phong Industrial Zone is located in Tinh Phong commune, Son Tinh district, Quang Ngai province.

The Management Board of Quang Ngai Industrial Zones is the investor of this industrial zone, which benefits from its favorable location along National Highway 1A, near Dung Quat Economic Zone and VSIP Quang Ngai Industrial Zone. With its convenient location approximately 25km from Chu Lai Airport, it offers easy access to transportation and various utility services, thus generating numerous investment opportunities.

Master plan map of Tinh Phong Industrial Park - Quang Ngai Province - TTTFIC Group

Master plan map of Tinh Phong Industrial Park – Quang Ngai Province – TTTFIC Group

The infrastructure of Tinh Phong Industrial Park:

Transportation System:

  • Main road system: 17.5 meters wide.
  • The internal road system within the industrial zone has been completed, ensuring access to every factory and plot of land.

Electrical System:

National electricity system (110KV, 220KV…); 110/35/22KV-40MVA substation.

Water Supply System:

Provided by the Quang Ngai Water Plant with a capacity of 20,000m3 per day.

Fire Protection System:

Each enterprise is equipped with its fire protection system.

Communication System:

The management has invested in and made the Internet available throughout the factory premises.

Commercial and Service Zone:

Provides support services such as residential areas for experts, banks, logistics services, canteens for workers, healthcare services, and recreational areas.

A perspective on Tinh Phong Industrial Park - Quang Ngai Province - TTTFIC Group

A perspective on Tinh Phong Industrial Park – Quang Ngai Province – TTTFIC Group

Investment attraction policy: 

The industries that can invest in the Industrial Zone include:

  • Electronics and mechanical assembly industry.
  • Agro-forestry processing industry.
  • Textile, garment, and leather industry.
  • High-end construction materials and interior decoration industry.
  • Wood export industry.
  • Other industries (plastics, cosmetics, packaging, etc.).

Investment incentives in the industrial zone include:

  • Corporate income tax incentives: 10% tax rate for 15 years; exemption from corporate income tax for 4 years and a 50% reduction in the payable tax for the following 9 years.
  • Import tax incentives: Exemption from import tax for imported goods used as fixed assets for investment projects; exemption from import tax for 5 years from the start of production for raw materials and finished goods that Vietnam has not been able to produce.
  • Value-added tax (VAT) incentives.
  • Other incentives as stated in Decision No. 36/2016/QD-UBND dated July 29, 2016, by the People’s Committee of Quang Ngai province.

Contact to TTTFIC Group

FB: https://www.facebook.com/TTTFICgroup

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
  • With over 20 years of experience in Design & Build for FDI projects of all scales. If you are looking for industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands of buyers, sellers (M&A), and industrial real estate tenants (especially projects from Japan, US, Europe, Taiwan, China, Korea, Singapore, India…).
  •  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.
  •  You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
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Lawyer and legal consultants accompany to consult regulations, laws and legalities.
Pick-up free services around 100km
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