Overview of the Phu My 2 Industrial Park expansion project
Phu My 2 Industrial Park Expansion, Phu My Town, Ba Ria – Vung Tau Province has a very convenient location for waterway and road transportation, located in an area with import and export activities through the system. The most vibrant seaport in Vietnam.
Project name: Phu My 2 Industrial Park Expansion
Location: Phu My Town, Ba Ria-Vung Tau Province
Investor: IDICO Corporation (Vietnam Urban and Industrial Park Development Investment Corporation)
Scale: 400.87 hectares.
Construction start time: 2008
Project operation period: until July 25, 205
Entrance gate to Phu My 2 Industrial Park Expansion project
Project location of Phu My 2 Industrial Park expansion
IDICO expanded Phu My 2 Industrial Park located in Phu My, Phuoc Tan and Phuoc Hoa Wards – Phu My Town – Ba Ria – Vung Tau Province:
- North: Adjacent to Phu My 2 IDICO industrial park, road 965 and projects;
- East: Adjacent to Phu My new urban technical corridor;
- South: Bordering Phuoc Hoa – Cai Mep planning road;
- West: Adjacent to Cai Mep Industrial Park.
Location of Phu My 2 Industrial Park expansion
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 harbour:
- Thi Vai port (for ships of 80,000 tons to dock): 01 Km
- PTSC port (for ships of 60,000 tons to dock): 02 Km
- Phu My Port (for ships of 72,000 tons to dock): 02 Km
- Vung Tau Port: 35 Km
Distance to 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 expanded
Power supply for Phu My 2 Industrial Park expansion:
- Power source: From the National grid managed by Phu My Town Electricity/Ba Ria – Vung Tau Provincial Electricity.
- Voltage level supplied to Factories: 22kV
Clean water supply in Phu My 2 Industrial Park expansion:
- Source: Toc Tien water plant, capacity 50,000m3/day;
- Clean water is provided to the foot of the Factory fence;
Contact information for Phu My 2 Industrial Park expansion:
- The communication system is provided by network operators such as: VNPT, FPT, Viettel… ensuring smooth domestic and international communication. Includes full range of services such as: telephone, mobile phone, Fax, Internet…
Drainage of Phu My 2 Industrial Park expansion:
- The industrial park has a rainwater and wastewater drainage system, built separately, along internal roads. Rainwater is drained directly into the receiving source; Wastewater is collected to the industrial park’s centralized wastewater treatment station and treated to meet required standards before being discharged into the environment.
Wastewater treatment of Phu My 2 Industrial Park expansion:
- 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.
Internal traffic of Phu My 2 Industrial Park expansion:
- The industrial park has a complete internal traffic system, invested and built with good quality to ensure vehicles can circulate. Including main road systems such as D3 road and herringbone road system connecting to factory gates.
- Main road D3, cross section 63m, road section 24m, median strip 3m;
- Internal branch road: 2 lanes, 8m wide.
Internal road of Phu My 2 Industrial Park expanded
Expanded port system inside and outside Phu My 2 Industrial Park:
- Phu My 2 Industrial Park is near Cai Mep Port, Phu My Port, SP-SPA International Port, Saigon Vietnam International Port, PTSC Port… These ports can receive ships from 80,000 tons to 200,000 tons.
Current status of planning for Phu My 2 Industrial Park expansion
- Total planning area: 398.06 hectares
- Land for construction of factories and plants: 241.39 hectares
- Warehouse land: 9.14 ha
- Land for construction, administration and services: 1.97 hectares
- Green land and water surface: 85.91 hectares
- Transport and Port land: 50.23 hectares
- Land for construction of technical infrastructure projects: 9.42 hectares
Priority areas to attract investment
- Manufacture of industrial and specialized electronic equipment
- Production of components, components and accessories
- Producing electronic materials and consumer electronic products
- Mechanical equipment and spare parts manufacturing
- Mechanical assembly industry
- Mechanical repair industry
- Metallurgy, rolling and drawing, post-rolling products
- Production of consumer, cosmetic and industrial chemicals
- Production of fertilizers and microbial plant protection drugs
- Textile and garment industry
- Producing high-quality footwear and leather
- Plastic industry
- Ceramic, porcelain and glass industry
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.
- Tax exemption for 2 years and 50% reduction for the next 4 years from the date of taxable income
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.
Project planning map
Download high quality file of industrial park planning map: Link
Evaluation of Phu My 2 Industrial Park expanded
- IDICO Expanded Phu My 2 Industrial Park near Cai Mep Port, Phu My Port, SP-SPA International Port, SITV Port…; Ports can receive large tonnage ships (80,000DWT to over 200,000DWT), are located on the most important and vibrant international shipping routes of the region and the world, have machinery and equipment for loading and unloading goods, Modern warehouse system, put into operation by major shipping lines around the world.
- IDICO’s expanded Phu My 2 Industrial Park has natural gas to serve investors’ needs, which is a huge advantage that not all industrial parks have.
- IDICO expanded Phu My 2 industrial park has good land rental prices, very competitive compared to neighboring industrial parks.
- IDICO’s expanded Phu My 2 Industrial Park has route 965 running through it, connecting with National Highway 51, which is a vital route connecting with the Southeast provinces and the Southern Key Economic Region; Located next to the inter-port road, connecting the port system along the Thi Vai – Cai Mep river. These routes have been completely invested to serve the needs of trade, transportation, raw materials, goods…
- IDICO Expanded Phu My 2 Industrial Park has a complete technical infrastructure system that is synchronously planned and invested in, including internal transportation systems, power supply systems, water supply systems, rainwater drainage, and wastewater systems. , wastewater treatment, Phu My 2 Industrial Park Expansion is a destination with all the most favorable conditions ready to welcome and cooperate with investors wishing to invest in building factories in This.
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