Phu My 2 Expansion Industrial Park

Phu My town has a strategically important location and great economic development potential in Ba Ria – Vung Tau province This area is favored by its coastal location benefiting from the province’s major port system such as Cai Mep – Thi Vai Port facilitating businesses engaged in import-export activities and strategic trade between domestic and international economic regions

Thanks to such a favorable location land for lease in Phu My 2 Expansion Industrial Park here has been and continues to be one of the most attractive destinations for both domestic and foreign investors The land for lease in this industrial park project not only contributes to the economic development of Phu My town but also plays an important role in promoting the development of the Southeast region and the entire country This is a solid foundation for sustainable growth and an appealing opportunity for investors seeking prospects in Southern Vietnam

Key features of Phu My 2 Expansion Industrial Park

Strategic location advantage for land lease in the Industrial Park

Phu My 2 Expansion Industrial Park is located in Phu My Ward, Phuoc Tan, and Phuoc Hoa, Phu My Town, Ba Ria – Vung Tau Province.

With a strategic location adjacent to Cai Mep deep-water port cluster, one of the world’s most vital and bustling maritime transport routes, businesses operating here benefit from a major advantage in transporting raw materials and goods both domestically and regionally. This advantage helps optimize costs and time efficiency for logistics and supply chain operations.

Additionally, Route 965 runs through the area, connecting to National Highway 51, which serves as a crucial transportation artery facilitating quick access to Southeastern provinces and key economic zones in Southern Vietnam. All infrastructure has been fully developed to support seamless trade, transportation, and logistics activities.

Prime surroundings of land lease in Phu My 2 Expansion Industrial Park:

The project is strategically positioned near essential amenities and infrastructure, ensuring optimal conditions for industrial and business activities:

• North: Borders Phu My 2 Industrial Park, Route 965, and various development projects.
• East: Adjacent to the technical corridor of Phu My New Urban Area.
• South: Borders the planned Phuoc Hoa – Cai Mep road.
• West: Adjacent to Cai Mep Industrial Park.

Ideal proximity to major economic hubs:

• 1.5 km to National Highway 51.
• 30 km to Ho Chi Minh City – Long Thanh – Dau Giay Expressway.
• 7 km to Cai Mep – Thi Vai deep-water port.
• 2 km to Phu My General Port.
• 70 km to Tan Son Nhat International Airport.
• 38 km to Long Thanh International Airport.

Land Lease Scale of Phu My 2 Expansion Industrial Park

Phu My 2 Expansion Industrial Park is one of the key industrial zones in Ba Ria – Vung Tau Province, offering a total land lease area of 400 hectares. Out of this, 246 hectares are specifically designated for industrial use, providing ample space for businesses to develop manufacturing and processing activities. The project is strategically planned with modern, synchronized infrastructure, meeting international environmental and technical standards.

Additionally, the land lease duration in Phu My 2 Expansion Industrial Park extends until 2058, giving investors long-term stability to establish and expand their projects with confidence.

Target Industries for Investment in Phu My 2 Expansion Industrial Park

The industrial park focuses on attracting high-tech, resource-efficient industries, including:

• Petrochemicals
• Electronics
• Logistics

Infrastructure at the land lease Area in Ba Ria – Vung Tau Industrial Park

• Road System: The internal road network is spacious and well-paved, including both main and secondary roads, ensuring smooth movement for large vehicles.
• Power Supply: Electricity is sourced from the national grid, managed by Phu My Town Electricity Authority, with a supply voltage of 22KV for factories.
• Water Supply: Water is provided by Toc Tien Water Plant, with a capacity of up to 50,000 m³/day.
• Wastewater Treatment: A centralized wastewater treatment plant is fully operational within the industrial park, with a processing capacity of 4,000 m³/day, ensuring all discharged water meets Category A environmental standards.
• Telecommunications: Services are provided by VNPT, FPT, Viettel, offering seamless domestic and international communication with a full range of services such as landline, mobile, fax, and internet.

Land lease pricing at Phu My 2 Expansion Industrial Park

The industrial park offers a competitive land lease rate ranging from $135 to $139 USD/m², catering to various investment needs and project scales.

• Management Fee: $0.65 USD/m² per year, ensuring high-quality infrastructure maintenance and management services.
• Tax Incentives:

• Full tax exemption for the first 2 years.
• 50% tax reduction for the following 4 years.

These incentive policies not only reduce initial investment costs but also help businesses optimize operational expenses during the early development stages.

For detailed information on land lease conditions and incentive policies for this industrial land lease project in Ba Ria – Vung Tau, please contact RSQUARE. Our team is ready to assist and answer all inquiries to help you make the most efficient investment decisions.