PHU MY II INDUSTRIAL PARK

Province

Ba Ria Vung Tau

Occupancy Rate

90%

Area

620.6 hectares

Lease Price

125 USD/m2

Thông tin chi tiết

Tên khu công nghiệp

Khu công nghiệp Phú Mỹ II

Vị trí

Phường Phước Tân và Phường Phú Mỹ, Thị xã Phú Mỹ, Tỉnh Bà Rịa – Vũng Tàu

Tổng diện tích

620.6 ha

Giá thuê đất

125 USD/m2

Mật độ xây dựng

60%

Tỉ lệ lấp đầy

90%

Thông tin cơ sở hạ tầng

Hệ thống điện

22KV

Hệ thống nước

50.000m3/ngày đêm

Hệ thống nước thải

4.000 m3/ ngày đêm

Hệ thống giao thông

Trục đường chính D3, mặt cắt ngang 63m, phần đường dành cho xe chạy 24m, dải phân cách 3m; Đường nhánh trong nội khu: 2 làn xe, rộng 8m

1. Project overview and legal information

Phu My II Expanded Industrial Park was established according to Decision No. 2504/QD-UBND dated July 25, 2008, of the People’s Committee of Ba Ria – Vung Tau province. It is currently located in Tan Phuoc and Phuoc Hoa wards, Phu My town, Ba Ria – Vung Tau province.

Below is an overview of Phu My II Expanded Industrial Park:

  • Name: Phu My II Expanded Industrial Park
  • Location: Phu My town, Ba Ria – Vung Tau province
  • Area: Approximately 400.87 hectares
  • Occupancy rate: Approximately 90%
  • Operating period: 50 years (from 2008 to 2058)
  • Investment sectors: The industrial park is oriented towards developing industries that utilize advanced technology, conserve resources, and are environmentally friendly, while also having the potential to spread and support other industries. Specifically, this includes: building materials production; Steel product manufacturing and processing; mechanical engineering, machinery and equipment manufacturing; electrical and electronic industries; industries associated with seaports; and other fields as prescribed by law.

2. Land lease costs and incentives

Infrastructure costs: approximately US$125/m² for the entire lease period

Management and maintenance fees: approximately US$0.65/m²/year, subject to periodic adjustments (approximately 3.5% increase each time)

Annual land rent: approximately VND 2,371/m²/year, adjusted according to the land price list issued by the People’s Committee of Ba Ria – Vung Tau province

Electricity price: applied according to the State’s price list

Clean water price: approximately VND 12,500/m³

Wastewater treatment fee: approximately US$0.4/m³

Other costs: incurred depending on the actual needs of the enterprise

1. Corporate income tax:

The standard tax rate applied is 20%.

2. Tax Incentives:

The enterprise enjoys a preferential tax rate of 17% for 10 consecutive years, starting from the first year of revenue generation from the project. After the incentive period ends, the tax rate will revert to the general rate of 20%.

3. Tax Exemption and Reduction:

  • The enterprise is exempt from tax for the first two years and receives a 50% reduction in tax payable for the following four years, starting from the year of taxable income.
  • The incentive period is calculated continuously from the first year of taxable income generation from the project.
  • If the enterprise does not generate taxable income within the first three years after revenue generation, the tax exemption and reduction period will be calculated from the fourth year.

4. Import Tax:
Businesses are exempt from import tax on imported goods that are eligible for preferential treatment under the law, based on the Law on Export and Import Taxes No. 45/2005/QH11 and Government Decree No. 87/2010/ND-CP.

3. Geographical location

Phu My II Expanded Industrial Park (IDICO) boasts a favorable location near important deep-water port clusters such as Cai Mep, Phu My, SP-PSA, SITV… These ports are capable of receiving large vessels ranging from 80,000 DWT to over 200,000 DWT, situated on one of the busiest international shipping routes in the region and the world. Simultaneously, the modern loading and unloading equipment and standard warehouses optimize logistics operations. Thanks to this advantage, businesses within the industrial park can significantly reduce transportation and logistics costs.

Connection distances:

  • Distance from National Highway 51: approximately 1.5 km
  • Distance from Long Thanh – Dau Giay Expressway: approximately 30 km
  • Distance from Vung Tau City: approximately 40 km
  • Distance from Ho Chi Minh City: approximately 1 km Ho Chi Minh City: approximately 60 km
  • Distance from Tan Son Nhat Airport: approximately 70 km
  • Distance from Long Thanh Airport: approximately 35 km

Regional connections:

  • North: bordering Phu My II Industrial Park (IDICO), Highway 965 and neighboring projects
  • East: bordering the technical corridor of the Phu My new urban area
  • South: bordering the planned Phuoc Hoa – Cai Mep road
  • West: bordering Cai Mep Industrial Park

4. Infrastructure System

Phu My II Expanded Industrial Park (IDICO) boasts a comprehensive and complete infrastructure system, fully meeting the requirements for production and business activities, and is ready to welcome and cooperate with domestic and foreign investors.

Internal Transportation System:

  • The main D3 road has a width of 63 m, of which the road surface for vehicles is 24 m wide, and the median strip is 3 m wide.
  • Branch roads are designed with 2 lanes and a width of approximately 8 m, ensuring convenient traffic flow.

Electricity System:

  • Electricity is supplied from the national power grid, managed by Phu My Town Power Company or Ba Ria – Vung Tau Provincial Power Company.
  • The voltage supplied to the factories is 22 kV, ensuring a stable power supply for production.

Water Supply System:

  • Water is sourced from the Toc Tien Water Treatment Plant with a capacity of approximately 50,000 m³/day.
  • Clean water is piped directly to the fence of each factory.

Wastewater Treatment System:

  • The industrial park has built a centralized wastewater treatment plant, receiving wastewater from businesses.
  • The capacity in phase 1 is approximately 4,000 m³/day.

System Communication infrastructure:

  • Provided by major network operators such as VNPT, FPT, and Viettel.
  • Ensures seamless domestic and international connectivity with a full range of services: telephone, mobile, fax, internet…
  • Additional Information:

    The Phu My II Expanded Industrial Park is located near major port clusters such as Cai Mep, Phu My, SP-PSA, Saigon Vietnam (SITV), PTSC, etc., capable of receiving vessels with a tonnage of 80,000 to 200,000 tons. This is a significant advantage that facilitates import and export activities for businesses.

    Notably, Cai Mep port currently has direct container shipping routes to Europe and America without transshipment through a third country, contributing to shortening logistics time and costs. According to the development plan until 2025, Phu My town will become a modern port city, playing a crucial economic role in the region.

    In addition, the industrial park is equipped with an inland waterway port within its premises, capable of receiving vessels and barges up to 5,000 tons, creating favorable conditions for the transportation of raw materials and goods domestically and in the surrounding area.