MY PHUOC INDUSTRIAL PARK
Province
Binh Duong
Occupancy Rate
1%
Area
376.9 hectares
Lease Price
140 USD/m2
Details
Industrial Park Name | My Phuoc Industrial Park |
Location | My Phuoc town, Ben Cat district, Binh Duong province |
Total Area | 376.9 hectares |
Land Rental Price | 140 USD/m2 |
Construction Density | 60% |
Occupancy Rate | 1% |
Infrastructure Information
Electrical System | The national power grid supplies electricity from two lines, Tan Dinh-My Phuoc and Ben Cat-My Phuoc (22KV), to the boundaries of the land plots. Substation capacity: 126 MVA (phase 1), 200 MVA (phase 2) & 500 MVA (phase 3). |
Water System | Clean water is treated according to WHO standards with a capacity of 12,000 m3/day (Phase I), expanding to 30,000 m3/day (Phase II) and 120,000 m3/day (Phase III), supplying water to the boundaries of the land plots. |
Sewage System | The wastewater treatment plant (upgrading from Class B to Class A) has a large capacity, ensuring that it receives and treats wastewater to meet regulatory standards before discharging it into the environment. |
Traffic System | The entire internal road system is 25m wide (15m wide asphalt surface and 5m wide sidewalks on each side) with a load capacity of up to 40-60 tons per truck. |
1. Project overview and legal information
My Phuoc Industrial Park (MPI) was developed starting in 2002 with an initial scale of approximately 400 hectares. To date, this industrial park has continuously expanded significantly through several phases:
– Phase 2: My Phuoc 2 Industrial Park with an area of 800 hectares
– Phase 3: My Phuoc 3 Industrial Park with a scale of 2,280 hectares
– Phase 4: Thoi Hoa Industrial Park with an area of 1,000 hectares
This is also one of the pioneering industrial parks in Vietnam to apply the mixed-use development model, synchronously combining industrial production with service, commercial, urban, and residential areas. This model contributes to ensuring sustainable development and aims to build the northern area of Binh Duong into a modern industrial city.
2. Investment costs and incentives
Tax-free for the first two years, 50% tax reduction for the following four years.
3. Geographical location
Located in the Southern Key Economic Zone (comprising Ho Chi Minh City, Binh Duong, Ba Ria – Vung Tau, and Dong Nai), My Phuoc Industrial Park boasts a favorable location, approximately 40 km from Ho Chi Minh City and 14 km north of Thu Dau Mot City. This advantage gives the industrial park several outstanding features:
- Convenient connection to ports and airports:
Close to seaports and international airports, it takes only about 60 minutes to travel to the center of Ho Chi Minh City. Tan Cang Port is 32 km away, and the Saigon Port cluster, VICT, Phuoc Long ICD, and Tan Son Nhat International Airport are approximately 42 km away. - Strategic transportation links:
Adjacent to National Highway 13, which has been upgraded to 6 lanes – a vital route connecting Binh Duong with neighboring areas. Simultaneously, the My Phuoc – Tan Van road is being completed, connecting to National Highway 51, facilitating quick access to major ports such as Hiep Phuoc, Cat Lai, Cai Mep – Thi Vai, and Long Thanh International Airport. This makes trade with Ho Chi Minh City, the Central Highlands, and Central Vietnam more convenient. - Abundant labor force:
The industrial park is located between Thu Dau Mot City and Ben Cat town (within a radius of approximately 14 km), an area with about 1.5 million people of working age. Each year, an additional 7,000 – 9,000 high school graduates, creating a stable and high-quality workforce for businesses. - Favorable soil conditions:
The terrain is firm, requiring no complex foundation work, with an elevation of 28 – 32 m above sea level. This allows investors to save up to 30% on construction costs.
4. Infrastructure System
- Transportation System
The internal road network is built synchronously with a width of 25m (15m asphalt road surface, 5m sidewalk on each side), capable of handling loads of 40–60 tons/vehicle, convenient for goods transportation.
Electrical System
Electricity is supplied from the national grid via two lines, Tan Dinh – My Phuoc and Ben Cat – My Phuoc (22kV), extending to the boundaries of each land plot. Transformer capacity is allocated in phases: 126 MVA (phase 1), 200 MVA (phase 2), and 500 MVA (phase 3).Water Supply System
Clean water meets WHO standards, with a capacity of 12,000 m³/day (phase 1), increasing to 30,000 m³/day (phase 2) and 120,000 m³/day (phase 3), ensuring supply to each land plot.Postal and Telecommunications Services
Telecommunications systems are already installed to the boundaries of each land plot, flexibly meeting user needs. Fiber optic infrastructure supports high-speed internet, ADSL, and leased lines.
- Wastewater Treatment
A large-capacity centralized wastewater treatment plant ensures treatment from Class B to Class A standards before discharge, fully complying with environmental regulations.
