Tam Thang 2 Industrial Zone kicks off construction

August 18, 2017 | 18:49

(0) user say

Capella Quang Nam Joint Stock Company, a subsidiary of Capella Land JSC, will construct Tam Thang 2 Industiral Zone (Tam Thang 2) located in the central province of Quang Nam, aiming to meet the increasing demand for land leasing in the province’s industrial zones.

tam thang 2 industrial zone kicks off construction

The project will be extremely well connected through the province's arterial roads and other infrastructure facilities

The construction will be implemented only a short time after receiving approval from by the prime minister under Document No.425/TTg-CN dated March 24, 2017.

The construction of the project, which has a total investment capital sum of VND350 billion ($15.35 million), is expected to be completed within two years. Representatives of the investor said that the company is committed to accelerating investment in the infrastructure construction of the first phase that has a scale of 30 hectares to meet the demand for land leasing from the clients.

Covering an area of 103ha in Chu Lai Open Economic Zone (EZ), the project has extremely favourable geographic location. It is only 65 kilometres from Danang, 35km from Chu Lai International Airport, and only 6km from Tam Ky city.

Besides, it is easy to connect to airports, seaports, and urban centers via strategic transport routes, such as National Highway 1A, Danang-Quang Ngai Expressway, and the coastal road.

Enterprises investing in Tam Thang 2 Industrial Zone (IZ) will enjoy the highest tax incentives under the government's incentive policy applicable to the economic zone.

Notably, they will be exempt from corporate income tax for four years and enjoy 50 per cent reduction for the next nine years. Then, a tax reduction rate of 10 per cent will be applied for 15 years. Besides, they will enjoy 50 per cent reduction of personal income tax for experts, officials, and employees working in companies in the IZ.

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional