| Suoi Dau Industrial Zone: Ideal Home for Investors | |
Favourable geographical location, synchronous infrastructure, abundant labour resource, perfect investment environment, simple and time-saving administrative procedures and numerous investment support services are what Suoi Dau Industrial Zone Joint Stock Company (Sudazi) in Khanh Hoa province is committed to bringing to investors when they locate their projects in the industrial zone. Suoi Dau Industrial Zone is the first centralised industrial park in Khanh Hoa province. The construction was started on the 152-ha industrial zone on July 9, 1998 in Suoi Tan commune, Cam Lam district, Khanh Hoa province. With its prime location, which is near international maritime routes, airports, seaports, railways, trunk roads, waterways and airways, the industrial park is very attractive to investors. The presence of the industrial park also gives a facelift to local economy and society. With such advantages, Sudazi has endeavoured to invest in a complete infrastructure system. The 110KV-2 x 25MVA power system ensures adequate and stable supply of electricity. The water plant is capable of treating and supplying 10,000 cubic metres a day, enough for daily use, while wastewater treatment facility can handle 5,000 cubic metres a day. Telecom and other public utilities services are very convenient.
With its advantages, Suoi Dau becomes a promising land for any investors operating in seafood processing, fruit and vegetable processing, canned food, electrical and electronics devices, medical device, precision engineering, and others. As economic downturn forced many companies to consider expansion plans, to attract investors, Sudazi worked with the Khanh Hoa Provincial People’s Committee and other agencies to organise investment promotion activities through various channels like business forums, conferences to introduce its good points to investors. To date, the industrial zone has leased more than 70 percent of rentable area to 44 investment projects with a combined registered capital of US$76 million and VND1,300 billion. Projects in Suoi Dau contributed 22 percent to the province’s export turnover and generated more than 8,000 jobs for local people.
Regarding investment incentives, Suoi Dau Industrial Zone always makes investors feel secure and satisfied with timely support policies. In addition to preferential policies on corporate income tax, projects inside the park also enjoy zero tax on imported equipment, machinery, vehicles (used for production lines or worker transportation). They are also granted five years of free tax on input imports what the country has not been able to make dating from the date of production commencement, except for projects and items specified in the Government’s Decree No. 87 / 2010/ND-CP. As a coordinator in Suoi Dau Industrial Zone, Sudazi always tries to quickly complete legal procedures, hand over space to investors, and support investors to deal with difficulties arising from the process of investment at the quickest manner.
To promote its roles and missions, Sudazi continues expanding the rentable area in Suoi Dau Industrial Zone and attracting investors to fill up available space. The company also opens new utility services like sanitation services, catering services, counselling services, and manpower supply services. The industrial park is expected to be fully occupied by investors soon in order to accelerate the pace of industrialisation and modernisation in the province.
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