Ham Kiem 1 aims to be trading hub for south central Vietnam

The industrial park’s comprehensive development and strategic investment makes it well-positioned to serve as a trading hub for the region, leaders say.

Ham Kiem 1 Industrial Park is one of the top revenue-generating industrial parks in Binh Thuan. Leveraging the locality’s advantageous infrastructure and its prime location, this industrial park has attracted numerous domestic and international investors.

It is situated in the Ham My and Ham Kiem communes of Ham Thuan Nam District, Binh Thuan, and is developed by Hoang Quan Investment Real Estate Joint Stock Company.

The park connects key economic regions via its comprehensively developed transport infrastructure.

It connects National Highway 1A and expressway, 150 km away from HCMC, and 9 km away from Phan Thiet City; and it is 10 km away from Phan Thiet port, 110 km from Vinh Tan port, 120 km from Cai Mep-Thi Vai port, 180 km from Cat Lai port.

The park is also 4 km from Binh Thuan railway station and 9 km away from Phan Thiet station, as well as 30 km from Phan Thiet airport, in which construction has commenced.

The Phan Thiet-Dau Giay Expressway is one of the crucial infrastructure routes that enhances Ham Kiem 1 Industrial Park's potential. Photo by VnExpress/Phuoc Tuan

This infrastructure facilitates faster transportation of goods, convenient logistics operations, reduced labor and transport costs, and enhances the attractiveness for potential profitable investors.

Benefiting from its strategic transport connections to major economic hubs across the country, Ham Kiem 1 Industrial Park represents an exceptional investment opportunity for investors.

Its strategic location contributes to cost reduction, operational optimization, and enhanced competitive advantages for the industrial park. The park's proximity also optimizes its supply chain and production processes.

Additionally, its favorable tax and duty policies and government support can further enhance its appeal.

Phan Thiet's road-based and sea-based transportation system. Photo courtesy of Hoang Quan Group

Investors in Ham Kiem 1 Industrial Park receive substantial preferential policies and support from local authorities.

Local authorities consistently implement special preferential policies for businesses investing in Ham Kiem 1 Industrial Park, fostering favorable conditions for business growth.

They can enjoy attractive tax incentives, including a 10-year corporate income tax support policy at an annual rate of 17%, full tax exemption for the initial 2 years, and a 50% reduction for the following 4 years.

Legal and administrative procedures are streamlined and comprehensively supported, ensuring seamless business operations for companies.

The licensing process, business registration, and related procedures are efficiently handled with transparency, reducing delays and operational inconveniences.

The authorities offer free legal guidance and advice, assisting businesses in understanding regulations and properly navigating processes.An online information system is also in place, enabling businesses to conveniently submit documents and track the processing progress.

Local governments prioritize investing in public infrastructure to enhance living and working conditions for both employees and businesses. Infrastructure development projects such as roads, water supply and drainage systems, electricity, and telecommunications are synchronously implemented, adopting cutting-edge standards.

The area adjacent to the industrial park is planned with public facilities such as schools, hospitals, recreational parks, and worker housing.

Building upon this foundation, Ham Kiem 1 Industrial Park has generated thousands of new job opportunities, significantly improving the income and quality of life for local residents.

Ham Kiem 1 Industrial Park from above. Photo courtesy of Hoang Quan Group

For the past few years, Binh Thuan has focused intensively on industrial development, emphasizing the enhancement of transport infrastructure as a fundamental cornerstone and catalyst for economic growth.

Its Department of Transport announced that several major transport infrastructure projects are set to be launched by the end of the year.

A key project involves upgrading and expanding National Highway No. 28B, which connects Binh Thuan with Lam Dong.

Additional projects include the development of Phan Thiet Airport, the Van Thanh-Phan Thiet Bridge, and the upgrading of Provincial Roads 719, 717, and 719.

With its advantageous transport infrastructure, the province has effectively attracted investors, fostering an environment conducive to socio-economic development and driving substantial industrial growth in recent years.

See more information about the industrial park here.