In the economic growth and development of Quang Ngai province, industry plays a key role, contributing significantly to creating jobs for a large number of people within the province as well as in neighboring areas. This has positioned Quang Ngai as one of the key industrial and logistics service hubs in the central region of Vietnam.
However, compared to other major provinces in Central Vietnam such as Quang Nam or Da Nang, Quang Ngai currently has fewer land leasing projects within its industrial zones. Nevertheless, the industrial land plots here stand out due to their exceptional quality and well-developed infrastructure. Additionally, with attractive investment incentives and a favorable business environment, these projects are receiving significant investments from leading domestic and international companies, promising to unlock numerous opportunities for strong economic development in Quang Ngai in the future.
1. Strategic Location and Superior Connectivity
The location and transportation connectivity of the industrial land in Quang Ngai's industrial zones provide significant advantages for businesses, creating favorable conditions for production, trade, and commerce.
Specifically, the industrial zones here are located near key transportation routes, such as National Highway 1A, National Highway 24, and roads connecting to Dung Quat Seaport. Dung Quat Seaport is one of the largest deep-water ports in Central Vietnam, capable of receiving large-capacity ships, supporting the transportation of goods to domestic provinces and international exports. This provides an ideal condition for businesses in the import-export, logistics, and industrial manufacturing sectors.
With the presence of Chu Lai Airport in the area, land leasing projects in Quang Ngai’s industrial zones gain even more advantages in trade connections and goods transportation.
In addition, the industrial zones are easily connected to the Da Nang – Quang Ngai expressway, helping shorten transportation time and conveniently linking with key economic areas such as Da Nang, Quang Nam, and other central provinces.
2. Abundant Labor Market in Quang Ngai Province
The labor market in Quang Ngai province is currently abundant and diverse, offering many advantages for businesses looking to lease land in the industrial zones of the area.
Quang Ngai is a province in Central Vietnam with a large population and a young, dynamic workforce, ready to meet the hiring needs of businesses in various sectors. Although the proportion of trained labor is still modest, the province maintains a low unemployment rate, reflecting a stable labor market and an effective capacity for job creation.
Moreover, with the development of industrial zones in Quang Ngai, the province also focuses on vocational training at local vocational schools, universities, and colleges. As a result, businesses in the industrial zones can easily access a stable and skilled workforce, which helps increase production efficiency and reduce recruitment costs.
3. Investment Tax Incentives for Land Leasing Projects in Industrial Zones in Quang Ngai
With its strategic location and developing infrastructure, Quang Ngai has been attracting the attention of many domestic and international businesses. Leasing land in Quang Ngai’s industrial zones offers many attractive incentives, providing maximum support for businesses during their investment and development processes.
Depending on the specific industrial zone, the support policies are as follows:
Tax Exemption: Businesses will be exempt from corporate income tax for the first 2 or 4 years. This is a significant advantage that helps businesses save costs during the initial investment phase.
Tax Reduction: After the tax exemption period, businesses will enjoy a 50% reduction in corporate income tax for the following 4 years or 9 years, depending on the level of incentives in each industrial zone. This facilitates the long-term sustainability and development of business operations.
In addition to tax incentives, the Quang Ngai government also offers various other supports such as assistance with labor training costs, compensation for site clearance, and preferential financial policies. This creates an ideal environment for businesses to develop sustainably and maximize the benefits from the province’s investment support policies.
4. Diverse Industries In Quang Ngai Industrial Parks for Rent
With a favorable investment environment, Quang Ngai has become an attractive destination for businesses across various sectors. Leasing land in Quang Ngai’s industrial zones not only meets production needs but also creates opportunities for industries that are rapidly developing in the province. Below are some sectors that attract investment and have great potential in the area:
The land for lease in the VSIP Quang Ngai industrial park is systematically planned in Tinh Phong Commune, Son Tinh District, Quang Ngai Province.
The project is adjacent to major transport routes such as National Highway 1A and National Highway 24B, providing convenient access for goods transportation and connection to other key economic areas.
Currently, the VSIP Quang Ngai industrial park offers a large leasing area of up to 1,746 hectares. This entire area is dedicated to industrial land, perfectly meeting the investment needs of businesses.
The leased land in the VSIP Quang Ngai industrial park is focused on developing a variety of business sectors. Some prominent sectors include: food and beverages, electronic component assembly, garment production, bag manufacturing, footwear production, textiles, machinery, and other light industries.
With synchronized infrastructure and professional support services, this is an ideal opportunity for businesses to expand their operations and invest in a region with great growth potential in Central Vietnam.
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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) |
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RSQUARE Co., LTD
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean) E-mail : support@rsquare.vn
© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.