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In the vast economic landscape of Vietnam, Thua Thien Hue is gradually establishing itself as a bright spot with strong development potential. Known for its rich historical and cultural heritage, Hue has made remarkable transformations to become one of the new economic centers of Central Vietnam. On the foundation of sustainable development, the province not only attracts tourism but also draws investors and businesses from various sectors, particularly in industrial real estate.

Thanks to its strategic location, modern infrastructure, and attractive investment policies, Thua Thien Hue is increasingly viewed as an ideal destination for large-scale industrial projects. The industrial parks here have been and continue to attract strong interest from both domestic and foreign investors. Notably, industrial land leasing projects are well-planned, offering a favorable business environment and high-profit potential. These factors have made the industrial investment market in Hue "vibrant," becoming a focal point in the expansion strategies of many businesses.

Thua Thien Hue is located in the heart of the central economic region of Vietnam, boasting a strategic position with numerous advantages for developing industrial land leasing projects.

The province is situated along the vital North-South transportation axis, with National Highway 1A and the North-South railway passing through, providing convenient connections to other regions. Notably, the Cam Lo - La Son expressway is now operational, enhancing cargo transport capacity and reducing travel time to neighboring provinces such as Quang Tri, Da Nang, and Quang Nam.

In addition to its road infrastructure, Thua Thien Hue also features a modern seaport system with the deep-water Chan May port, meeting the import and export needs of businesses within industrial parks.

Furthermore, Phu Bai International Airport, located just 15 km from the center of Hue, serves as a key link to domestic and international markets. This is a significant advantage in attracting foreign investors, particularly those requiring fast transportation.

Industrial land leasing projects in Hue also benefit from being close to Da Nang, a city with advanced logistics infrastructure. Moreover, Thua Thien Hue is situated within the East-West Economic Corridor, connecting Laos, Thailand, and Vietnam, creating favorable conditions for businesses to enhance international trade activities.

Thua Thien Hue province boasts an abundant and well-trained workforce, which is a key factor in attracting investors in industrial, service, and technology sectors.

The labor force here makes up a high percentage of the population, with around 55% being young workers (as of 2020), who are well-trained at reputable universities, colleges, and vocational schools. Additionally, Thua Thien Hue focuses on developing vocational training programs and collaborating with businesses to provide the necessary skills for the labor market. This not only helps the province meet the recruitment needs of businesses but also supports the growth of industries with high added value that require specialized skills.

One of the key factors attracting investors to lease land in industrial parks in Thua Thien Hue is the competitive minimum wage. Currently, the minimum wage in the area ranges from 3,450,000 VND to 4,410,000 VND, depending on the region. Compared to other major economic areas such as Hanoi, Ho Chi Minh City, or Da Nang, this wage level is relatively low, allowing businesses to reduce labor costs while still ensuring the recruitment of skilled workers.

Thua Thien Hue is actively investing in infrastructure within industrial parks to create a solid foundation for economic development and attract investment. The upgrading and expansion of technical infrastructure is being implemented in a coordinated manner, including transportation systems, drainage, electricity, and telecommunications, to meet the needs of businesses.

The province is committed to completing key investment projects to support sustainable production activities. Some notable projects include:

Manufacturing facilities established in industrial parks are eligible for a 15% tax rate for 12 years from the start of the business operation; a 3-year tax exemption from the start of taxable income, and a 50% reduction in taxes for the next 7 years.
Investment projects for developing and operating industrial park infrastructure; and export processing enterprises are eligible for a 10% tax rate for 15 years from the start of business operations; a 4-year tax exemption from the start of taxable income, and a 50% reduction in taxes for the next 9 years.

The Saigon - Chan May Industrial Land Leasing Area is located near Chan May Port and Thuan An Port, which are important deep-water ports, providing favorable conditions for import-export activities and connecting with international markets. Additionally, Phu Bai International Airport is also just a short distance away, effectively saving time and costs for investors on business trips and partner receptions.

Moreover, the project is located near National Highway 1A, the Trans-Asian Highway AH1, the East-West Economic Corridor, the La Son - Tuy Loan expressway, and the Da Nang - Quang Ngai expressway, making it a great opportunity for business development and trade cooperation.

The Saigon Chan May Industrial Park is one of the largest and most modern industrial land leasing projects in Thua Thien Hue, with a total area of 659 hectares. Of this, the land area designated for industrial activities accounts for the majority, with 513 hectares, and the land use period extends until 2078, ensuring stability and sustainability for businesses when implementing production and business projects here.

With these outstanding advantages, the land leasing project in Saigon - Chan May Industrial Park is ready to perfectly meet the needs of businesses looking to expand their production and business activities in this area.

With the significant advantages of its prime geographical location and modern transportation infrastructure, Thua Thien Hue province offers great opportunities and strong development potential for businesses and investors leasing land in Gilimex Industrial Park.

Gilimex Industrial Park covers a land area of 460.85 hectares, with 299.32 hectares designated specifically for industrial activities. It is a modern industrial park with a well-planned layout, and the land is distributed efficiently to support various types of production, fully capable of meeting the diverse leasing needs of customers.

The Gilimex Industrial Park is currently focusing on attracting investments in industries such as paper, rubber, electronics, etc.

The infrastructure and technology at the project are designed to be advanced, meeting international standards for environmental protection and energy efficiency. This makes it an ideal location for businesses seeking to invest in a modern and sustainable working environment.

The land leasing area within Phu Bai Industrial Park is perfectly located next to Phu Bai International Airport. With its function, role, and aviation potential, the airport has been and continues to play a significant part in the economic development of both the industrial park and the province as a whole.

The leased land here is planned to cover up to 761 hectares, with 459 hectares designated for industrial activities. The land use period is set from 2049 to 2069, demonstrating a long-term commitment to the development and expansion of the park’s industrial infrastructure by the project investor.

The Phu Bai Industrial Park is focusing on attracting a diverse range of business sectors, with notable industries including food, electronics, textiles, and more.

The advantages brought by the project not only ensure stability for businesses operating in the area but also open up opportunities for sustainable development in the future.

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RSQUARE : Your Expert Real Estate Advisor

RSQUARE : Your Expert Real Estate Advisor