Tam Nong Industrial Park, Phu Tho Province
Tam Nong Industrial Park, Phu Tho Province. Area: 350 ha – Term: Until 2070
Overview
On December 31, 2020, at the People’s Committee of Lam Son Commune, Tam Nong District, Phu Tho Province, the Management Board of Phu Tho Industrial Parks, in coordination with the provincial Department of Construction, Tam Nong District People’s Committee, Lam Son Commune People’s Committee, and Van Xuan Commune People’s Committee, announced the subdivision planning of Tam Nong Industrial Park at a scale of 1/2000.
Tam Nong Industrial Park is located in Lam Son and Van Xuan Communes, Tam Nong District, covering a planned area of 350 ha, with 269.49 ha (77%) designated for factory construction. Once operational, the industrial park is expected to drive economic growth in Tam Nong, Thanh Son, and the entire province.
Functional Areas in the Industrial Park:
- Central administration and service area
- Factory construction land
- Technical infrastructure land
- Green space and water surface
- Traffic system
The Management Board of Phu Tho Industrial Parks is currently inviting infrastructure investors for the industrial park.
Location
The industrial park is adjacent to National Highway 32C, leading to Yen Bai and Son La, 3 km from Ho Chi Minh Road, and 12 km from Trung Ha Bridge. Its strategic location facilitates trade and cultural exchanges with key economic regions such as Hanoi and Hai Phong.
Infrastructure
Internal traffic: The main road within the industrial park is 30.2–47.5 m wide, while branch roads are 14 m wide.
Power supply: Electricity is sourced from the 110/35/22 kV Tam Nong substation in the southern part of the industrial park. Six new substations with a total capacity of 90.35 MVA are planned.
Public lighting system: The road lighting system is designed separately from the residential power supply and installed along the road network.
Water supply: The park’s water demand is 10,960 m³/day-night. Initially, water will be sourced from a PVC D225 mm pipeline along National Highway 32C from the Phu Tho Water Supply Joint Stock Company. A water treatment plant will be constructed in later phases.
Stormwater drainage: The stormwater drainage system directs water along internal roads to channels surrounding the industrial park, discharging into regional rivers and canals.
Wastewater drainage: Wastewater is collected along road networks and directed to the industrial park’s treatment plant.
Waste treatment: Investors will sign service contracts with professional waste treatment providers.
Wastewater treatment: The industrial park’s wastewater treatment plant has a capacity of 6,960 m³/day-night. Treated water meeting Class A standards is discharged through a D600 gravity pipeline into the Red River.
Telecommunications: The park has an international-standard telecommunication network.
Key Industries
Tam Nong Industrial Park primarily attracts industries such as:
- Light industry
- Electrical, electronics, and IT equipment manufacturing
- High-end construction materials production
- Consumer goods manufacturing
- Agricultural product processing
Labor Costs
Tam Nong Industrial Park is located in Tam Nong District, Phu Tho Province, classified as Region III. The current minimum wage for Region III is 3,860,000 VND/month.
Social Infrastructure
- Customs services: On-site customs procedures.
- Banks: Oceanbank, Vietcombank, BIDV, PG Bank, SeABank, VietinBank, Techcombank, etc.
- Postal services: TDT Express, VNPT, DHL, FedEx, TNT, etc., providing door-to-door delivery.
- Public transportation: A network of bus routes connects the industrial park to Hai Duong, Hanoi, Quang Ninh, Hai Phong, Bac Ninh, Tuyen Quang, and Thai Nguyen.
- Firefighting system: Fire hydrants are installed along roads within the industrial park, spaced 150 m apart.
- Accommodation: The industrial park is near bustling residential areas, ensuring housing and living facilities for workers.
- Healthcare: Comprehensive medical facilities cater to local healthcare needs.
- Education: A full range of educational institutions, from preschool to high school, ensures quality education for workers’ children and local residents.
Investment Advantages
1. Strategic Location
Tam Nong Industrial Park is conveniently located near Trung Ha Bridge, Viet Tri Port, Viet Tri Railway Station, and Phu Tho Railway Station, facilitating transportation through multiple routes:
Road: Close to major highways such as National Highway 32C and Ho Chi Minh Road.
Rail: Easy access to major railway stations, including Viet Tri and Phu Tho.
Waterway: Bordering the Red River, allowing for water transport.
Air: The park is within reasonable distance from Noi Bai International Airport, enabling quick connections to major economic centers domestically and internationally.
2. Low Labor Costs & Abundant Workforce
Affordable labor: Tam Nong Industrial Park is in Region III, where minimum wages are lower than in central regions like Hanoi and Hai Phong.
Large labor supply: Tam Nong District has a population of approximately 82,370, with 64%being of working age, meeting recruitment demands for businesses in the industrial park.
3. Attractive Investment Incentives
Corporate income tax incentives:
2 years of tax exemption and a 50% reduction for the next 4 yearsfor eligible businesses.
Higher incentives may apply to priority sectors under Phu Tho’s investment attraction policies.
Import tax exemption: Exemption on imported machinery, equipment for fixed assets, and raw materials not available domestically.
Administrative support: The Phu Tho Industrial Park Management Board provides fast-tracked approvals for investment, construction, environmental, and labor-related procedures.
4. Comprehensive Infrastructure & Diverse Support Services
Modern utilities: Reliable power, water, telecom, and transportation infrastructure for business operations.
Comprehensive support services: Customs, banking, logistics, healthcare, education, and worker housing, ensuring an optimal environment for businesses and employees.
Conclusion
Tam Nong Industrial Park is an attractive destination for both domestic and foreign investors due to its strategic location, low labor costs, appealing investment incentives, and well-developed infrastructure. With a focus on clean industries, high-tech manufacturing, and agricultural processing, the industrial park is poised to become a major driver of economic development in Phu Tho Province in the coming years.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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