Ham Kiem 1 IP aims to be trading hub for south-central Vietnam

The industrial park's (IP) comprehensive development and strategic investment makes it well-positioned to serve as a trading hub for the region, leaders say.

Ham Kiem 1 IP is one of the top revenue-generating IPs in Binh Thuan. Leveraging the locality’s advantageous infrastructure and its prime location, this IP enticed numerous domestic and international investors.

It is situated in the Ham My and Ham Kiem communes of Ham Thuan Nam district, and is developed by Hoang Quan Binh Thuan Real Estate Consulting - Trading - Service JSC.

The IP connects key economic regions via its comprehensively developed transport infrastructure. Accordingly, it connects with National Highway No.1A, 150km away from Ho Chi Minh City, and 9km from Phan Thiet city.

The park is also about 10km from Phan Thiet port, 110km from Vinh Tan Port, 120km from Cai Mep-Thi Vai Port, and 180km from Cat Lai Port. It is 4km from Binh Thuan Railway Station and 9km away from Phan Thiet Station, as well as 30km from Phan Thiet Airport, in which construction has commenced.

Phan Thiet-Dau Giay Expressway is one of the crucial infrastructure routes that enhances Ham Kiem 1's potential

This infrastructure facilitates faster transportation of goods, convenient logistics operations, reducing labour and transportation costs, and enhancing the attractiveness for potential profitable investors.

Benefiting from its strategic transport connections to major economic hubs across the country, Ham Kiem 1 IP represents an exceptional investment opportunity for investors.

Its strategic location contributes to cost reduction, operational optimisation, and bolsters competitive advantages for the IP. The park's proximity also optimises its supply chain and production processes.

Additionally, its favourable tax and duty policies and government support can further enhance its appeal.

Phan Thiet's road and sea-based transportation system

Investors in Ham Kiem 1 IP receive substantial preferential policies and support from local authorities.

They can enjoy attractive tax incentives, including a 10-year corporate income tax support policy at an annual rate of 17 per cent compared to the regulated 20 per cent, full tax exemption for the initial two years, and a 50 per cent reduction for the following four years.

Legal and administrative procedures are streamlined and comprehensively supported, ensuring seamless business operations for companies. The licensing process, business registration, and related procedures are efficiently handled with transparency, reducing delays and operational inconveniences.

The authorities offer free legal guidance and advice, assisting businesses in understanding regulations and properly navigating processes. An online information system is also in place, enabling businesses to conveniently submit documents and track the processing progress.

Local governments prioritise investing in public infrastructure to enhance living and working conditions for both employees and businesses. Infrastructure development projects such as roads, water supply and drainage systems, electricity, and telecommunications are synchronously implemented, aligned with cutting-edge standards.

The area adjacent to the IP is planned with public facilities such as schools, hospitals, recreational parks, and worker housing.

Building upon this foundation, Ham Kiem 1 IP has generated thousands of new job opportunities, significantly improving the income and quality of life for residents.

Ham Kiem 1 Industrial Park

For the past few years, Binh Thuan has focused intensively on industrial development, emphasising the enhancement of transport infrastructure as a fundamental cornerstone and catalyst for economic growth.

Binh Thuan Department of Transport announced that several major transport infrastructure projects are set to be launched by the end of the year.

A key project involves upgrading and expanding National Highway No.28B, which connects Binh Thuan with Lam Dong province in Vietnam’s Central Highlands region.

Additional projects include the development of Phan Thiet Airport, Van Thanh-Phan Thiet Bridge, and the upgrading of provincial roads No.719 and No.717.

With its advantageous transport infrastructure, the province has effectively attracted investors, fostering an environment conducive to socioeconomic development and driving substantial industrial growth in recent years.

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