2.1 Favorable geographical location
- Located in the middle of Vietnam, away from Hanoi and City. Ho Chi Minh 01 hour flight.
- Is one of the important transportation, trade and international exchange hubs of the Central and Central Highlands regions; gateway connecting to the East Sea of the Central Highlands, Southern Laos, Northeast Cambodia and Thailand
- Within a radius of 3,200 km, Quang Nam is in the center of the most dynamic economic regions in East Asia such as Singapore, China, Korea, and Japan.
2.2 Synchronous infrastructure
Road: has a main transportation system including national highway 1A, coastal road Da Nang - Hoi An - Chu Lai - Dung Quat, expressway Da Nang, - Quang Ngai passing through and there is a national highway in the economic corridor East-West, ensuring smooth traffic connections in the country and region.
Seaway: Ky Ha seaport belongs to the international seaport system with the current capacity to receive ships of 20,000DWT and will invest to receive ships of 50,000DWT; Chu Lai Port is capable of receiving ships of 20,000DWT. Currently, international routes are being exploited: Chu Lai - Incheon; Chu Lai- Kawang (Korea); Chu Lai- Hiroshima (Japan); Chu Lai-Fang Cheng (China); Chu Lai - Singapore; Chu Lai- Laem Chabang (Thailand);
Airway: Chu Lai Airport is planned to be an international cargo and passenger transit airport.
In addition, electricity, water, and telecommunications infrastructure fully meets the needs of investment projects; invested to the project boundary or to the fence of factories in industrial parks and industrial clusters.
Most industrial parks have wastewater treatment systems; Solid waste collection and treatment system according to regulations.
Other convenient services such as banking, insurance... meet investor needs.
2.3 Abundant and quality human resources
With a population of about 1.5 million people, of which the working age population accounts for 65.4%, Quang Nam province in general and its Economic Zones and Industrial Parks in particular meet all the needs of projects. invest.
There are 10 Universities and Colleges; 08 Intermediate schools; 20 Vocational education centers and vocational training establishments capable of training human resources to supply investment projects.
Located near major human resource training centers of the Central region such as: University of Da Nang: University of Polytechnics, Economics, Foreign Languages, Pedagogy, Sports, Medical Technology; Central University of Construction; Vietnam - Korea University of Information and Communication Technology.
2.3 Policy mechanism
Investors enjoy the highest investment incentives according to Vietnamese law on taxes and land, specifically:
- Corporate income tax: Enjoy a corporate income tax rate of 10% for a period of 15 years, exemption for 04 years from the date of taxable income and a 50% reduction for the next 09 years.
- Import tax: exemption from import tax to create fixed assets, exemption from import tax for 5 years for raw materials, supplies, and components that cannot be produced domestically and are imported to serve production.
- Land:
+ The term of land use for production and business in the Economic Zone is no more than 70 years.
+ Land rent: exempted during the project implementation period or exempted or reduced for a number of years depending on the list of fields and areas with investment incentives, special investment incentives; For land in industrial parks with completed infrastructure, highly competitive land rental rates are applied
+ In addition to general regulations, for projects with a large investment scale and an important role in the development of industries, fields, and high technology, the Quang Nam provincial government and the Management Board will coordinate with investors. investment and submit to the Government to apply special policies to ensure investment attraction and effective project implementation.