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Phu Ha Industrial Park: An attractive destination for investors

Saturday, 2018-05-05 11:10:50
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PTO- Phu Ha Industrial Park has been approved by the Phu Tho People's Committee and the Government since 2014, located in the potential industrial zone and becoming an industrial-service-urban complex. Base on complete, synchronous and modern infrastructure ... attracting enterprises to invest in production, Phu Ha Industrial Park has made important contributions to the socio-economic development of the Phu Tho town, is an attractive destination for investors.
As the second largest socio-economic and cultural center in the province, thanks to a great geographic position and a number of local labor, Phu Tho town is the favorable land for investment, development of production and business ... After considering the advantages, the Prime Minister has allowed Phu Ha IP into Prioritize development in 2015, orientation to 2020 with a total investment of VND1.700 billion by Viglacera Corporation.
This is a multi-sector IP, is built on the hill land and high requirements for construction design to ensure harmony, forming a master plan space, the architecture is suitable to the whole landscape of the IP on the area of 350ha. The traffic routes in the IP are built as the chessboard, ensuring the convenience of access roads connecting the center of  Phu Tho town with Highway 2; Ho Chi Minh road; Hanoi - Lao Cai Expressway and waterway and railway systems ... creating conditions for the transportation of raw materials, and goods. The main investment fields in Phu Ha IP are: assembly of electronics; machine manufacture industry, manufacture and assembly of automobiles and motorbikes, food processing, pharmaceutical ...


Along with that, Phu Ha IP has set up a modern telecommunication network which meets international standards and all demands of domestic and foreign communication services of companies, enterprise.
In early 2018, Viglacera Corporation co-operated with the Phu Tho People's Committee to organize a groundbreaking ceremony for a social housing project for workers including 630 apartments on an area of 4.3ha... with a total investment of nearly VND 500 billion. The social housing area is built along with technical infrastructure, friendly environment, meeting the demand of houses for about 2,500 workers. This is a solid support for the employees, helping the workers save time and travel expenses, contributing to improving the quality of life, creating a cohesion between workers and enterprises in order to promote production and business. At the same time, it is also calling investments for IP, attracting human resources of localities in the province and neighboring provinces such as Hoa Binh, Yen Bai, Tuyen Quang and Son La, etc. Besides that, Phu Tho also has many policies to attract investment in procedures, policies, tax exemptions, fees ... so up to now, there are 3 more foreign enterprises have implemented investment procedures, four more have been put into operation, attracting nearly 3,000 employees, raising the total number to 13 enterprises in Phu Ha IP, of which 8 enterprises have been put into operation with about 7,000 employees. 
Thanks to advantages of location, convenient transportation and infrastructure; the most attractive labor price in the whole area ... Phu Ha IP becomes an attractive destination for domestic and foreign investors.

Hoang Huong