SON MY 1 INDUSTRIAL PARK

Province

Binh Thuan

Occupancy Rate

70%

Area

1070 hectares

Lease Price

80 USD/m2

Details

Industrial Park Name

Son My 1 Industrial Park – Binh Thuan

Location

Son My commune, Ham Tan district, Binh Thuan province

Total Area

1070 hectares

Land Rental Price

80 USD/m2

 Occupancy Rate

70%

Infrastructure Information
Electrical System

110/35/22KV

Water SystemClean water is supplied at a maximum capacity of 195,700 m3 per day from the water treatment plant. Water is supplied to the plant’s perimeter via an international standard water supply pipeline system.
Sewage SystemWastewater is collected at the industrial park’s wastewater treatment plant and treated to meet water quality standard A (QCVN 40:2011/BTNMT) before being discharged into the industrial park’s general drainage system.
Traffic System

Main road: 4-6 lanes

Side road: 2 lanes

1. Project overview and legal information

Below is an overview of Son My 1 Industrial Park as introduced by AVA Consulting:

  • Project Name: Son My 1 Industrial Park – Binh Thuan
  • Location: Son My Commune, Ham Tan District, Binh Thuan Province
  • Operating Period: 50 years (2021 – 2071)
  • Scale: 1,070 hectares
  • Occupancy Rate: Approximately 70%
  • Rental Price: 80 USD/m² (excluding VAT)
  • Investment Attractions:
    The industrial park focuses on developing sectors such as: energy industry; building materials manufacturing; electronics and information technology; mechanical engineering, manufacturing and assembly; agricultural and forestry product processing; consumer goods and food production and processing.

Planning map of Son My 1 Industrial Park – Binh Thuan

2. Investment costs and incentives

The service capacity and costs at Son My 1 Industrial Park are regulated as follows:

  • Lower floor management, operation, and maintenance fee: 0.3 USD/m²/year
  • Electricity price: Ranging from 0.03 – 0.1 USD/kWh, depending on usage time
  • Clean water price: 0.4 USD/m³
  • Wastewater treatment fee: 0.22 USD/m³
  • Corporate tax incentives:
    Enterprises developing new investment projects in Son My 1 Industrial Park are subject to a preferential tax rate of 17% for a period of 10 years. They are also exempt from tax for the first two years and receive a 50% reduction in tax payable for the following four years.
  • Policy support from the industrial park:
    The investor, including Son My 1 Industrial Park, will cooperate with and support enterprises in completing legal procedures, including the issuance of Investment Registration Certificates and Business Registration Certificates.

3. Geographical location of Son My 1 Industrial Park

From Son My 1 Industrial Park, connections to key economic centers and industrial zones are convenient, with the following distances:

  • Approximately 180 km from the center of Ho Chi Minh City
  • Approximately 90 km from Phan Thiet City
  • Approximately 60 km from Thi Vai seaport
  • Approximately 80 km from Vung Tau seaport

Location of Son My 1 Industrial Park – Binh Thuan

4. Infrastructure system

Perspective view of Son My 1 Industrial Park – Binh Thuan

The technical infrastructure at Son My 1 Industrial Park is comprehensively invested, effectively meeting the operational needs of businesses:

  • Internal transportation system:
    • Main arterial roads have 4-6 lanes.
    • Branch roads have 2 lanes, providing flexible connections to the main roads.
  • Electricity system:
    Electricity is supplied from a 110/35/22KV transformer station, with a high-voltage power grid deployed along internal roads, ensuring stable power supply for the entire area.
  • Water supply system:
    Clean water is supplied from a plant with a maximum capacity of up to 195,700 m³/day, through a pipeline system meeting international standards, leading to the boundaries of each factory.
  • Wastewater treatment system:
    Wastewater is collected and treated centrally at the industrial park’s plant, ensuring compliance with column A standards according to QCVN 40:2011/BTNMT before being discharged into the environment.