Strategically located in Hai Phong City, the project features a modern, best-in-class single-story light industrial facility spanning a gross floor area of 72,000 sqm. The project, which is scheduled for completion in July 2024, will mark BW’s 10th new project launched this year. Ideally situated in the Dinh Vu – Cat Hai Economic Zone in Hai Phong City and within a well-developed deep seaport system, Nam Dinh Vu is a prime location for foreign direct manufacturing investment in industries such as automotive, electronics, renewables, electrical equipment and machinery. Meanwhile, the Dinh Vu – Cat Hai Economic Zone offers attractive tax incentives to manufacturers, including a 4-year exemption and 9-year half-reduction of Corporate Income Tax (CIT). The new project is also well-connected to other northern provinces and China through an extensive highway system, including Hanoi – Hai Phong Highway, Ha Long – Hai Phong Highway, and Hanoi – Hai Phong Expressway.

Source: Viet Nam News December 22, 2023 16:09 UTC