Phu My 2 Industrial Zone

Ba Ria – Vung Tau stands out with its strategically important position on the country’s economic and trade map With its location near major transportation routes Ba Ria – Vung Tau is not only a gateway connecting to other regions within the country but also a crucial bridge to international markets The province boasts a long coastline with major seaports especially Cai Mep – Thi Vai Port one of the most modern deep-water ports in Vietnam facilitating the import and export of goods and industrial development particularly in the field of land leasing in Phu My 2 Industrial Park

Phu My 2 Industrial Park located in Phu My town Ba Ria – Vung Tau province is one of the leading industrial parks in the region With a large area and synchronized infrastructure land for lease in this industrial park is systematically planned to meet the needs of both domestic and international businesses The land leasing area is prioritized for convenient transportation connectivity with major seaports combined with business support services such as electricity water and modern waste treatment promising great success and significant contributions in the future

Advantages of the land leasing project in Phu My 2 Industrial Park in Ba Ria – Vung Tau

Introduction to the investor – IDICO

Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) was established in 2000, originating from a state-owned enterprise under the Ministry of Construction.

IDICO primarily operates in the following sectors:

• Land leasing in industrial parks, notably land in Phu My 2 Industrial Park.
• Factory leasing.
• Housing and urban development.
• Providing services for industrial parks.
• Energy sector.
• Construction of transportation infrastructure.

For over two decades, IDICO has continuously grown based on the philosophy of “Harmonious Development”, placing people at the center of its sustainable development strategy. The company strives to deliver balanced value to multiple stakeholders: Commitment to customers – Responsibility to the community – Balancing common interests. These commitments have helped IDICO achieve stable growth and improve service quality, meeting the increasing demands and expectations of its clients.

Prime location of the land leasing area in Phu My 2 Industrial Park

Phu My 2 Industrial Park is strategically located in Phuoc Tan Ward and Phu My Ward, Phu My Town, Ba Ria – Vung Tau Province. The project’s well-planned connectivity with surrounding areas presents a unique opportunity for development and success:

• North: Adjacent to Phu My 1 Industrial Park, fostering a dynamic business environment and enhancing mutual support.
• East: Close to Road 965, ensuring smooth transportation of goods and connections to major highways.
• South: Adjacent to Cai Mep Industrial Park, a hub of strong manufacturing and logistics resources.
• West: Neighboring Ba Son Shipyard and Thi Vai Port, providing favorable conditions for import and export activities.

Additionally, Phu My 2 Industrial Park enjoys ideal proximity to key regional facilities, including:

• Major roads:

• 1.5 km from National Highway 51.
• 30 km from Ho Chi Minh City – Long Thanh – Dau Giay Expressway.

• Seaports:

• 7 km from Cai Mep – Thi Vai deep-water port.
• 2 km from Phu My general port.

• Airports:

• 70 km from Tan Son Nhat International Airport.
• 38 km from Long Thanh International Airport.

With its strategic location and superior infrastructure connectivity, Phu My 2 Industrial Park is not only an ideal destination for businesses looking to expand operations but also an emerging economic hub poised to drive sustainable development and long-term growth in the region.

Scale of the land leasing system in Phu My 2 Industrial Park in Vung Tau

Phu My 2 industrial park is a large-scale project covering 620.6 hectares, with 388.93 hectares dedicated to industrial land. Meticulously planned and developed, this industrial park provides a spacious environment for businesses to operate and expand freely. Additionally, the substantial industrial land area creates favorable conditions to accommodate various industries, ranging from processing and manufacturing to logistics services.

The land leasing period in Phu My 2 industrial park in Ba Ria – Vung Tau extends until 2055, offering investors a stable and long-term business environment. This assurance not only enables enterprises to confidently implement their investment and development plans but also contributes to building a sustainable foundation for regional economic growth in the coming decades.

Key industries

Phu My 2 industrial park attracts a diverse range of industries, with a focus on advanced technology, resource-efficient, and environmentally friendly sectors, such as:

• Petrochemicals.
• Mechanical engineering.
• Electronics.

Infrastructure in Phu My 2 Industrial Park

• Internal Roads: The land leasing area in Phu My 2 industrial park features a fully developed internal road system, including major roads such as D3 Road, N6 Road, and a network of branch roads within the park.
• Clean Water Supply: The industrial park’s clean water is supplied by Toc Tien Water Plant, with a capacity of 50,000 m³/day.
• Electricity Supply: Power is provided from the National Grid, managed by Phu My Town Electricity and Ba Ria – Vung Tau Electricity Authority. Factories receive power at a 22 kV voltage level.
• Wastewater Treatment Plant: A wastewater treatment facility with a capacity of 4,000 m³/day is ready for operation, ensuring environmental protection during industrial activities.
• Telecommunication Services: Provided by major network operators such as VNPT, FPT, and Viettel, ensuring seamless domestic and international communication. Services include telephone, mobile, fax, and internet.

Land rental price in Phu My 2 Industrial Park

The land rental price in Phu My 2 industrial park ranges from $133 to $137 USD/m², aligning with international standards while offering a competitive rate for industrial project development. Additionally, the management fee is set at $0.65 USD/m² per year, ensuring efficient infrastructure management and maintenance.

Phu My 2 Industrial Park provides attractive tax incentives:

• 100% corporate income tax exemption for the first 2 years.
• 50% tax reduction for the next 4 years, helping businesses ease financial burdens and promote long-term growth.

These investment incentives not only create an appealing business environment but also contribute to sustainable growth and the success of enterprises.

For more details, contact RSQUARE via Hotline: 028 3636 9641.