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Thai Binh People’s Council has just issued a resolution promulgating policies on incentives and investment support in Thai Binh Economic Zone (EZ), period 2020-2030.
Accordingly, enterprises established and registered to operate under the Enterprise Law with new investment projects, expansion investment in EZs belonging to the investment encouragement industries and branches of the province will be entitled to 6 preferential policies and investment support.
Enterprises established, registered to operate with new investment projects, expansion investment in the Economic Zone of the province’s investment incentive industries and trades will be entitled to 6 preferential policies and investment support.
Specifically, the province will apply preferential policies on land; supporting policies such as technical infrastructure to the foot of the fence, leveling, construction of centralized wastewater treatment systems of industrial parks (industrial parks), industrial complexes (ICs), labor training and policies supporting administrative procedures.
The province’s industry groups that encourage investment in EZ include construction investment projects, trading infrastructure of industrial parks, industrial complexes and centralized wastewater treatment systems of industrial parks and industrial complexes; Large-scale industrial investment projects, applying modern technology, causing less harm to the environment.
Investment projects in the field of commerce and services (construction of wholesale markets for agricultural products and foodstuffs; first-class markets; first and second grade supermarkets; commercial centers of grades 1,2,3; passenger construction hotels, resorts and amusement parks up to the standards prescribed by current regulations of the State); High-tech agricultural production projects under the Ministry of Agriculture and Rural Development’s regulations are also encouraged investment sectors.
Thai Binh EZ has a natural area of over 30,500 hectares in 30 communes and 1 town of two districts of Thai Thuy and Tien Hai and the coastal contiguity has been approved by the Prime Minister looking to 2050. Among coastal economic zones along the country, Thai Binh EZ has many attractive potentials and strengths.
In nature, Thai Binh EZ will be a comprehensive economic zone to meet the needs of socio-economic development of Thai Binh province and the northern coastal region; is a marine, multidisciplinary and multi-field economic center of the northern coastal region and the whole country; have modern and synchronous technical and social infrastructures in association with environmental protection, sustainable development, security and defense assurance.
In terms of location, Thai Binh EZ is located near important transport hubs of the region, 40 km from Cat Bi International Airport (Hai Phong), 30 km from Hai Phong seaport and direct access to the road traffic system. Ministry, inland waterways of the country. In addition, Thai Binh EZ is located in the triangle of economic growth Hanoi – Hai Phong – Quang Ninh.
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