Construction of Tam Thang 2 IP to commence shortly

Invested by the Quang Nam Capella Joint Stock Company, the Tam Thang 2 IP sits on 103 ha in a favorable geographic location, as it is situated at the Chu Lai open economic zone, which is 65 km from Da Nang, 35 km from Chu Lai Airport, and 6 km from Tam Ky city, the provincial capital. It also has easy access to other airports and seaports and urban centers via strategic routes such as National Highway No.1A, the Da Nang - Quang Ngai Expressway, and the Coastal Road.
Enterprises at the Tam Thang 2 IP will enjoy the highest tax incentives within the government’s incentive policies applicable to the economic zone. They will be exempted from corporate income taxes for four years and then receive a 50 per cent reduction for the next nine years. A 10 per cent tax rate will be applied for 15 years, while experts, officials, and employees working at companies in the IP will enjoy a 50 per cent reduction of personal income taxes.
A representative from the IP’s owner said that the company is committed to accelerating its investment in infrastructure in Phase 1 of the project, on 30 ha, to sooner meet demand for land rentals from clients.
The Quang Nam Capella Joint Stock Company is a subsidiary of the Capella Land Joint Stock Company. Capella Land specializes in investing in infrastructure at industrial parks. With a goal of becoming one of the leading industrial park investors in Vietnam, Capella Land has set up a management and operations team for industrial parks, comprising experienced and successful professionals such as Mr. Bui Dinh Chien, the former general director of a private group that has invested in many industrial parks in northern Vietnam.