Phan Thiet II Industrial Park has been relatively well-invested in terms of technical infrastructure, including transportation, electricity, water, and centralized wastewater treatment systems, effectively meeting the production needs of businesses.
PHAN THIET 2 INDUSTRIAL PARK
Province
Binh Thuan
Occupancy Rate
74,02%
Area
40.7 hectares
Lease Price
50 USD/m2
The investment project for the construction and operation of technical infrastructure in Phan Thiet II Industrial Park was approved in principle by the Chairman of the People’s Committee of Binh Thuan province in 2005. On December 21, 2006, according to Decision No. 3296/QD-UBND, the People’s Committee of the province assigned Trung Nguyen Steel Co., Ltd. as the investor of the project. Subsequently, on April 10, 2007, the People’s Committee of the province further issued Decision No. 942/QD-UBND to approve the detailed construction plan for Phan Thiet II Industrial Park.
Details
Industrial Park Name | Phan Thiet II Industrial Park |
Location | Phong Nam commune, Phan Thiet city and Ham Liem commune, Ham Thuan Bac district, Binh Thuan province |
Total area | 40,7 hectares |
Land Rental Price | 50 USD/m2 |
Construction Density | 60% |
Occupancy Rate | 74,02% |
Infrastructure Information
| Electrical System | 110/22kV |
| Water System | 1,600 m3/day |
| Sewage System | 600 m³/day |
| Traffic System | The internal system is 8m wide on each side, with 8m wide sidewalks. |
1. Project overview and legal information
Below is an overview of Phan Thiet II Industrial Park as introduced by AVA Consulting:
- Project Name: Phan Thiet II Industrial Park
- Location: Located in Phong Nam commune (Phan Thiet City) and Ham Liem commune (Ham Thuan Bac district), Binh Thuan province
- Scale: 40.7 hectares
- Operating period: 50 years (from 2005 to 2055)
- Occupancy rate: 74.02%
- Investment sectors:
The industrial park is oriented towards developing diverse fields such as: manufacturing and assembling electronic and information technology equipment; pharmaceuticals, medical equipment and products; packaging, plastics, composite materials; mechanical engineering, assembly of machinery and components for transportation vehicles; processing and repair of equipment serving agriculture, industry and fisheries; wood and furniture production; household appliances; bottled water; dairy and food processing; printing and copying; fire fighting equipment; Industrial laundry; textiles and footwear; beverage production; and warehousing and logistics activities. - Development Status:
As of October 2023, the technical infrastructure of Phan Thiet II Industrial Park has been basically completed across its entire 40.7-hectare area, with a total investment of approximately VND 42.79 billion. The industrial park has attracted 11 investment projects, including 2 foreign-invested projects and 9 domestic projects, with a total registered capital of approximately VND 548.08 billion and USD 11.85 million.
The total leased land area reached 23.01 hectares, corresponding to an occupancy rate of 74.02%, while creating jobs for approximately 1,176 workers, contributing to the socio-economic development of the locality.
2. Investment costs and incentives
The following service fees apply within the Industrial Park:
- Infrastructure usage fee: US$0.15/m²/year (excluding VAT)
- Wastewater treatment fee: VND 8,900/m³ (excluding VAT)
Businesses investing in Phan Thiet II Industrial Park will enjoy many attractive incentives and support policies, specifically as follows:
Corporate income tax incentives
Businesses are eligible for tax incentives for a maximum of 10 years as stipulated in Decree 218.
Land lease policy
For land lease contracts with a term exceeding 37 years, businesses can pay 100% of the contract value in a single payment and be granted land use rights for a specified period.
Cost Support Policy
- Area under 500 m²: 10% of the contract value will be subsidized (applicable to customers who sign a contract within 6 months of the relocation decision).
- From 500 m² to under 1,000 m²: 12% of the contract value will be subsidized.
- From 1,000 m² onwards: 15% of the contract value will be subsidized.
These policies contribute to creating favorable conditions and reducing initial investment costs for businesses when implementing projects in the industrial park.
3. Geographical location of Phan Thiet II Industrial Park
Phan Thiet II Industrial Park is located at the intersection of National Highway 1A and National Highway 28, and is adjacent to Phan Thiet I Industrial Park, thus possessing a significant advantage in terms of transportation infrastructure connectivity.
Area Boundaries:
- North: Bordering the access road to the center of Ham Liem commune
- East: Bordering National Highway 28 towards Lam Dong
- West: Bordering agricultural land
- South: Bordering National Highway 1A
Distance to key areas:
- Approximately 200 km from Ho Chi Minh City
- Approximately 2 km from the center of Phan Thiet City
Diverse transportation connections:
- Road:
- Main transportation arteries include National Highway 1A and the North-South railway line, connecting Binh Thuan with the central provinces and Ho Chi Minh City. Ho Chi Minh City
- National Highway 28 to Lam Dong and the Central Highlands
- National Highway 55 connecting to Ba Ria – Vung Tau
- Provincial Road 707 connecting from National Highway 1A to Muong Man Station
- Ho Chi Minh City – Phan Thiet Expressway
- Waterways:
- Ke Ga Port (under construction), approximately 30 km away
- Cai Mep – Thi Vai Port (Ba Ria – Vung Tau), approximately 120 km away
- Airways:
- Long Thanh International Airport (Dong Nai), approximately 100 km away
- Phan Thiet Airport (under planning), approximately 40 km away
- Railways:
- Muong Man Station, approximately 12 km away
- Phan Thiet Station, approximately 2 km away
4. Infrastructure System
Internal roads within Phan Thiet II Industrial Park
Outstanding Infrastructure:
- Internal Transportation: The transportation system is conveniently planned, flexibly connecting with various modes of transport such as road, rail, water, and air. The main road has a width of 15m, with 18m sidewalks on each side; internal roads are 8m wide, with 8m sidewalks on each side, ensuring easy traffic flow.
- Electricity System: Electricity is supplied from the national power grid with a voltage of 110/22kV, providing stable power for production activities.
- Clean Water Supply: Water is supplied from the Phan Thiet City water treatment plant with a capacity of approximately 1,600 m³/day, ensuring sufficient water supply for factories within the industrial park.
- Wastewater treatment: The centralized wastewater treatment plant has a maximum capacity of 1,000 m³/day (currently operating at approximately 600 m³/day), and the treated wastewater meets standard B according to QCVN 40:2011/BTNMT.
- Communications: The telecommunications system is modern, meets international standards, and quickly and fully meets domestic and international connectivity needs.