Song Cong II Industrial Park - Phase 2: What are the opportunities for investors?

Đồng chí Trịnh Việt Hùng, Ủy viên dự khuyết BCH Trung ương Đảng, Bí thư Tỉnh ủy Thái Nguyên tới dự Lễ khởi công KCN Sông Công II - Giai đoạn 2

A solid foundation for sustainable development

Song Cong II IP - Phase 2 is being developed in Song Cong City, an industrial center of Thai Nguyen province, one of the dynamic economic regions in Northern Vietnam. With its prime location, this industrial park not only serves as a bridge between Thai Nguyen and major provinces and cities such as Hanoi, Bac Ninh, Bac Giang, Hai Phong and Quang Ninh but also opens opportunities for easy connections to international markets through arterial transportation routes.

The strength of Song Cong II IP - Phase 2 lies in its synchronized and modern transportation system. This industrial park is connected to the Hanoi - Thai Nguyen expressway, National Highway 3 and will be further linked to the future Ring Road 5 and the inter-regional road connecting Bac Giang - Thai Nguyen - Vinh Phuc. These routes not only help reduce transportation costs but also save time for businesses in bringing products to market. This is particularly important for companies operating in logistics and export goods manufacturing.

Overall perspective of Song Cong II IP - Phase 2

Song Cong II IP - Phase 2 has been methodically invested and planned with an area of up to 296.24 hectares, divided into two major zones: Zone 1 spanning 175.52 hectares and Zone 2 covering 120.72 hectares. The industrial park not only meets the production needs of businesses but also creates a favorable environment for developing supporting industries, high technology and logistics.

One of the key factors making this industrial park an attractive destination for investors is its modern and synchronized infrastructure. This includes a power system with two 110/22kV transformer stations and one Song Cong II 110kV transformer station, ensuring stable electricity supply. The water supply system comes from Song Cong and Tich Luong water plants, along with internal water supply stations. Additionally, there is a modern wastewater treatment system, helping businesses strictly comply with environmental protection regulations. The internal transportation system is scientifically planned in a grid network pattern, optimizing the process of goods transportation and ensuring convenience in production activities.

Perspective of a section of Song Cong II IP - Phase 2

Outstanding preferential policies, maximizing investment potential

Song Cong II IP - Phase 2 is not only impressed by its infrastructure and prime location, but also by extremely attractive investment incentives in terms of taxes and support throughout the operational process.

Investors at Song Cong II IP - Phase 2 will be exempt from corporate income tax for the first 2 years, while also enjoying a preferential tax rate of 10% for the following 4 years. This represents a significant advantage that helps minimize initial investment costs and creates favorable conditions for businesses to stabilize and develop in the early stages. Additionally, businesses will also receive numerous import tax incentives for goods serving production, research and high-tech development.

Local authorities consistently accompany and support investors in legal procedures, site clearance and infrastructure development. Thanks to close supervision from provincial leadership, the industrial park has quickly completed compensation and site clearance work, ensuring timely progress for investment projects.

Song Cong II IP - Phase 2 has a favorable geographical location and transportation conditions

High-quality human resources - a solid foundation for high-tech industries

One of the outstanding advantages of Song Cong II IP - Phase 2 is its abundant and high-quality human resources. Thai Nguyen province possesses a strongly developed education system with 31 universities, colleges and vocational training centers. These training institutions provide a young, dynamic workforce with advanced professional skills, particularly in high-tech industries such as electronics, semiconductors, artificial intelligence and automated manufacturing.

In addition, businesses investing in Song Cong II IP - Phase 2 also receive human resource training support from Viglacera College, with in-depth training programs in technical skills and foreign languages (English, Korean, Chinese), helping to improve labor quality and meet the needs of high-tech businesses.

With the strong development of industry in Vietnam, especially high-tech industries, Song Cong II IP - Phase 2 is opening up significant opportunities for businesses in electronics, semiconductors, automation, environmentally friendly construction material production and supporting industries.

Thai Nguyen, with its favorable geographical location, modern transportation infrastructure and quality human resources, is attracting an increasing number of major investors in high-tech fields. Manufacturing businesses in Song Cong II IP will not only supply products to the domestic market but also export worldwide, taking advantage of free trade agreements that Vietnam has signed with international partners.

Along with synchronously invested infrastructure, this will serve as a foundation to attract many investors to research and develop production and business projects at Song Cong II IP - Phase 2

Sustainable investment environment

Song Cong II IP - Phase 2 is not only a simple production area but also a business community that cooperates and supports each other throughout the development process. With supporting infrastructure such as banking services, customs, fire prevention and fighting, internal security, the industrial park creates a stable and safe investment environment for businesses.

The sustainable development of Song Cong IP - Phase 2 is built on the foundation of close coordination between local authorities, investors and the business community. This not only helps the industrial park develop steadily but also creates long-term opportunities for businesses in building strategic partnerships, accelerating market expansion and increasing product value.

Song Cong II IP - Phase 2 is not only a modern industrial park with synchronized infrastructure but also a sustainable and attractive investment opportunity. With its strategic location, modern infrastructure, abundant human resources, superior incentive policies and stable investment environment, Song Cong II IP - Phase 2 is creating a solid foundation for the long-term development of businesses.