[Vung Tau] Phu My 2 Industrial Park

Overview of Phu My 2 Industrial Park project

Phu My 2 Industrial Park is increasingly receiving the attention of large investors, with diverse development industries.

Project name: Phu My 2 Industrial Park

Location: Phuoc Tan Ward and Phu My Ward,  Phu My Town, Ba Ria – Vung Tau Province

Investor: IDICO Corporation (Vietnam Urban and Industrial Park Development Investment Corporation)

Scale: 620.6 hectares.

Construction start time: 2005

Project operation period: until June 29, 2055

Gate to Phu My 2 Industrial Park

Location of Phu My 2 Industrial Park

Phu My 2 Industrial Park is located right in Tan Phuoc town, Phu My town – Phu My Town – Ba Ria – Vung Tau province, with a very convenient location for waterway and road transportation, located in The area has import-export activities through the most vibrant seaport system in Vietnam.

• North: Adjacent to Phu My 1 industrial park;
• East: Bordering Road 965;
• South: Adjacent to Cai Mep industrial park;
• West: Adjacent to Ba Son Shipyard & Thi Vai Port;

Location of Phu My 2 Industrial Park

Road distance:

• National Highway 51: 1.5Km
• Ho Chi Minh City – Long Thanh – Dau Giay Expressway: 30 Km
• Vung Tau City: 40 Km
• Ho Chi Minh City: 60 Km
• Bien Hoa City: 55 Km

Distance to the harbor:

• Thi Vai Port (for ships of 80,000 tons to dock): 01 Km
• PTSC port (for ships of 60,000 tons): 02 Km
• Phu My Port (for ships of 72,000 tons to dock): 02 Km
• Vung Tau Port: 35 Km

Approximately to the airport:

• Tan Son Nhat Airport: 70 Km
• Long Thanh Airport (future): 35 Km

Distance to railway station:

• Saigon Station: 65 Km
• Bien Hoa Station: 60 Km

Infrastructure of Phu My 2 Industrial Park

Power supply system

• Source: From the National Power Grid managed by Tan Thanh Electricity / Ba Ria – Vung Tau Electricity.

Water supply system

• Source: Toc Tien water plant, capacity 50,000m3/day;
• Supplied to the Factory fence

Waste water treatment system

• The centralized wastewater treatment plant in the industrial park has been completed, receiving industrial wastewater from the factory fence.
• Phase 1 capacity: 4,000 m3/day and night

Sewage system

• Separate rainwater drainage system and wastewater drainage system

Communication systems

• Complete, ensuring easy domestic and international communication including telephone, mobile phone, Fax, Internet for investors.

Current status of land use planning in Phu My Industrial Park

Total area of Phu My 2 industrial park: 620.6 hectares. In there:

• Industrial park land: 400.66 hectares
• Land for administrative and service works: 6.8 hectares
• Land for key technical works: 6.45 hectares
• Green land and water surface: 144.61 hectares
• Transport and port land: 62.08 hectares

Priority areas to attract investment

Consumer goods processing industry:

Food and seafood

• Textile and garment industry
• Production of footwear for export, high-quality leather products (no leather tanning industry)
• Paper industry (no pulp production)
• Processing agricultural and forestry products
• Plastic industry, glass ceramic industry

Cosmetics and petrochemicals:

• Industrialization of cosmetics and household appliances;
• Petrochemical (no oil refining industry, only manufacturing industry from products of oil refining industries).

Mechanical assembly industry

Mechanical repair industry

Metallurgy, rolling and drawing, post-rolling products

Electronics, information technology:

• Manufacture of industrial and specialized electronic equipment;
  Manufacturing components, components, accessories, electronic supplies, and consumer electronic products.

Biotechnology

Construction Materials Industry

Production of medical equipment and instruments

Medicine for humans and animals.

Producing all kinds of fibers, producing plastic beads;

Producing all kinds of rubber tires and tubes;

Production of tools, supplies, and stationery equipment (excluding industries related to printing ink); production of interior decoration products;

Mechanical industry group: mold manufacturing, metal structures, prefabricated factory structures; Mechanical manufacturing of machines, products, mechanical tools and equipment; Manufacture of cars and auto parts (excluding plating).

Production of cables and electrical equipment; Production and assembly of electronic and telecommunications equipment.

CO2 Gas production, liquefaction filling, industrial gas, medical gas;

Production and preparation of lubricants; Depot.

Mixing and bagging fertilizers (not produced from raw materials, does not generate wastewater).

Power production.

Logistics.

Environmental industry and energy saving (no solid waste treatment)…

Investment incentive policies

Corporate income tax rate: 20%

Tax incentives:

• The preferential tax rate is 17% for 10 consecutive years from the first year the enterprise has revenue from the project. When this preferential tax rate expires, businesses will switch to applying the 20% tax rate.
• The tax exemption and reduction period is calculated continuously from the first year the enterprise has taxable income from the project;
• In case the enterprise has no taxable income in the first three years (from the first year of revenue from the project), the tax exemption and reduction period is calculated from the fourth year.

Import tax: Enterprises are exempt from import tax on imported goods according to the provisions of Article 16 of the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005 and Article 12 of Decree No. 87 /2010/ND-CP dated August 13, 2010 of the Government detailing the implementation of a number of articles of the Law on Export Tax and Import Tax.

Planning map of Phu My 2 Industrial Park project

Download high quality file of industrial park planning map: Updating

Evaluation of Phu My 2 Industrial Park

Updating

Vietnam Property Hub service

With a staff of many years of experience in the field of project investment implementation, with industrial park management boards, with project investors, serving many domestic and foreign investors, Việt Nam Property Hub offers the following services:

• Investment promotion (land, factories) in industrial parks, industrial clusters and commercial and service land, …
• Legal support & Investment consulting in fields related to industrial real estate.
• Connecting industrial real estate investment cooperation.

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