RSQUARE Vietnam | 알스퀘어 베트남

Quang Nam is one of the key economic regions in Central Vietnam, known for its strategic and advantageous geographic location, playing an important role in the development of the regional economy. The province borders two major urban centers, Da Nang and Thua Thien Hue, facilitating convenient transportation and trade connections. Additionally, with a coastline of over 125 kilometers and proximity to the gateway to the East Sea, Quang Nam has a significant advantage in developing ports and international trade.

These advantages have contributed to creating strong opportunities and potential for developing industrial land leasing projects in Quang Nam. With favorable geographical features, modern infrastructure, and an ideal business environment, leased land in industrial parks in this area is gradually establishing its position in the market and is ready to meet the most demanding requirements of businesses, promising to be an ideal investment destination.

Road Connection:

The industrial parks in Quang Nam are surrounded by an extensive road network. The Da Nang – Quang Ngai Expressway runs through the northern and central areas of the province, shortening the travel time from Quang Nam to Da Nang and other central provinces.
National Route 1A and provincial roads are continuously upgraded, facilitating smooth movement of trucks and containers.

Railway Connection:

The North-South railway runs through Quang Nam, with major stations such as Tam Ky and Nui Thanh. This facilitates long-distance freight transportation, especially for large or time-sensitive products.

Air Connections:

Chu Lai Airport, with its increasing capacity, is an important connection point for businesses. It is one of the airports with a large runway, capable of serving both international and domestic cargo flights.

Sea Connection:

The Chu Lai – Ky Ha port system is a key gateway for trade, helping to reduce logistics costs for import and export businesses. This port can accommodate large vessels, ensuring fast and efficient cargo transportation.

With its central location in Central Vietnam and a well-developed transportation system, industrial land leasing projects in Quang Nam offer significant competitive advantages for businesses. The ability to quickly access domestic and international markets, reduce transportation costs, and ensure on-time delivery are notable benefits.

Quang Nam is one of the provinces with a large population in Central Vietnam. With its vast area and diverse population distribution, Quang Nam holds significant potential in terms of labor resources, contributing substantially to the province's economic and social development.

The population of Quang Nam is relatively young, with the majority in the working-age group. This is a major advantage, providing the province with a plentiful labor force that can meet the needs of industries, services, and agriculture.

In recent years, Quang Nam has focused on developing a skilled workforce through training programs and partnerships with universities and colleges both within and outside the province. Many sectors such as information technology, mechanics, and tourism services are gradually attracting skilled young labor, enhancing the quality of the labor force.

Currently, the minimum wage in the region is divided into zones II, III, and IV depending on the area. With more competitive and reasonable wages compared to larger urban areas like Da Nang, Quang Nam’s minimum wage helps businesses optimize labor costs and improve business efficiency.

Corporate income tax (CIT) incentives:

Preferential tax rate: Businesses implementing new investment projects in industrial zones in Quang Nam are eligible for a 10% CIT rate for 15 years.
Exemption and reduction of CIT: Businesses are exempt from CIT for the first 4 years from the time they generate taxable income and receive a 50% tax reduction for the next 9 years. Some industrial zones like Dien Nam - Dien Ngoc and Dong Que Son offer 2 years of tax exemption and a 50% reduction for the following 4 years.

These incentives demonstrate the commitment of the Quang Nam government to creating a favorable investment environment, supporting businesses in sustainable development, and contributing to the local economic and social growth.

The Dien Nam - Dien Ngoc Industrial Park is located in Dien Nam and Dien Ngoc communes, Dien Ban Town, Quang Nam Province, offering a strategic location with convenient connections to Da Nang, Hoi An, and major seaports, contributing to the promotion of trade and economic development in the area.

The land leasing project within the industrial park covers an area of 418 hectares, with 280 hectares dedicated to industrial development, and the land lease duration extends until 2046.

Industries attracting investment in this area include electronics, food processing, and textiles. The infrastructure is modern, with internal traffic systems, electricity, water supply, and wastewater treatment ensuring smooth production operations.

Land lease rates range from 70 to 90 USD/m², with an additional management fee of 0.4 USD/m². Businesses are granted tax exemption for the first 2 years and a 50% tax reduction for the following 4 years, providing favorable conditions for sustainable development.

The Thaco - Chu Lai Industrial Park, located in Quang Nam, boasts a strategic position with convenient transport connections via National Route 1A, the North-South railway, and the Da Nang - Quang Ngai Expressway. With proximity to the Chu Lai seaport and Chu Lai airport, this industrial park is an ideal destination for businesses across multiple sectors, particularly in automotive manufacturing, logistics, and electronics.

The land leasing project in the Thaco - Chu Lai Industrial Park spans a total area of 1,200 hectares. All of this land is designated for industrial activities and is planned into four main zones: automotive manufacturing, seaport and logistics, agriculture and forestry, and the Chu Lai urban area.

For accurate and up-to-date information on the land lease prices at Thaco - Chu Lai Industrial Park, please contact RSQUARE for expert advice and assistance.

RSQUARE : Your Expert Real Estate Advisor
RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities.
E mail : support@rsquare.vn	Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR)

Outstanding Advantages of Renting Quang Nam Industrial Parks

Top Outstanding Industrial Park Land Lease Projects in Quang Nam

RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor