How is the strategic location of Ready-built factory benefiting the Enterprises?
In the real estate industry, the terms "prime location", "strategic location", etc.. always create great attraction for investors and customers. When learning about ready-built factories, businesses often mention these terms, but they still do not understand clearly how that is called strategic location and what advantages it creates in business.
Factors that make up the strategic location of ready-built factories
1/ Convenient transportation connectio
The factories which are located in an area with favorable traffic conditions will make trading easier. This will reduce the cost of transporting goods, raw materials and products. In addition, businesses can limit the risk of unnecessary damage such as products damaged, lost due to transportation, etc. The results not only help reduce the price of the product but also increase the price competitive advantage in the market.
KIZUNA Ready Serviced Factory is located in the southern key economic region, conveniently connected to important transport hubs in the region such as Tan Son Nhat International Airport, Ho Chi Minh City - Long Thanh, Cao Expressway. Ben Luc - Long Thanh expressway; Hiep Phuoc Port, etc. This has contributed to creating a strategic location of KIZUNA for investors.
In addition, when working at KIZUNA's factories located adjacent to Ho Chi Minh City and Phu My Hung Urban Area with many modern urban facilities, foreign investors can live here and it only takes 30 minutes for them to go to work.
2/ Skilled human resources
Stable and skilled human resources are always an important factor when choosing a place to invest, especially for businesses that need a large number of workers. For large industrial zones in Binh Duong and Dong Nai, workers mostly come from other provinces in the North, Central, and West Vietnam. So, it often happens that workers do not come back to work after Tet holiday, making it difficult for enterprises' production and recruitment activities.
However, in Long An in general and KIZUNA ready-built factories in particular, the majority of workers are local people, so workers rarely leave after Tet. This will not only help ensure a stable production operation for the business, but also contribute to the development of quality, skilled local labor in the future.
3/ Preferential investment policies
When choosing a factory, businesses not only want to choose a good location but also want to optimize investment and operating costs. Therefore, a factory located in an industrial park with a complete infrastructure system with preferential investment policies in accordance with the law is the best choice. Currently, enterprises operating in the KIZUNA Ready Serviced Factory area will enjoy the corporate income tax incentive policy. In particular, they will enjoy the tax exemption for the first 2 years and a reduction of 50% of export tax for the next 04 years, the current tax rate is 20%.
Strategic location varies slightly depending on the business sector, the market as well as the strategic orientation of each business. However, these 3 factors are the common points that every business should consider when choosing a ready-built factory. Hopefully, the above information will help businesses choose a suitable location for their factory, contributing to the efficiency and success of the business.