Vietnam is making a point of developing its industries and to do so, attracting foreign investment. This strategy involves increasing the use of industrial zones, which are currently numbering 369 (with 284 of them operational). The industries are concentrated in 3 main economic zones: Southern Key Economic Zone (SKEZ), Central Key Economic Zone (CKEZ), and Northern Key Economic Zone (NKEZ).
VIETNAM INDUSTRIAL PARKS – “FERTILE LAND” FOR FOREIGN INVESTMENT
The 3 main economic zones play an essential role in Vietnam’s business-friendly policy as they benefit from favorable tax policies, allow the clustering of similar industries, and improve the competitiveness of enterprises. Moreover, the concentration of industrial parks is accompanied by the improvement of industrial and logistic infrastructures. Thus, these zones benefit from privileged access to communication routes and are fully integrated into international trade.
Understanding the attraction of these developing industrial regions, numerous international investors from Europe to America decided to build or move their business and production activities to Vietnam.
If you are planning to extend/develop your manufacturing projects in Vietnam, click the link here to know where to implement your next factory.
Source: Vietnam Briefing
BW INDUSTRIAL : OUR TRUSTWORTHY PARTNER
The future of industrial parks in Vietnam is no longer in doubt, and the demand for them is growing. In order to meet the rising needs of our clients, we had collaborated with BW Industrial, a leading developer of industrial infrastructure. With 7.76 million square meters of prime industrial land under control, spread over 35 projects in 26 strategic economic locations across Vietnam, we are confident that this partnership with BW Industrial will allow us to provide you with the best conditions for your expansion in Vietnam.
To learn more about industrial parks in Vietnam, please contact us by email at hello@sourceofasia.com !
