Vietnam - Công viên Công nghiệp Pu My 2
Pu My 2 Industrial Park is strategically situated in Ba Ria – Vung Tau province, near Cai Mep port and the oil and gas sector. The park offers seamless connectivity to the Southeastern provinces and Southern key economic region through route 965 and National Highway 51.
With a domestic port system capable of receiving barges up to 1,000 tonnes, Pu My 2 Industrial Park enhances its accessibility. The park boasts international-grade infrastructure, including an internal traffic system, power supply, water supply. Also including storm-water drainage, and a comprehensive wastewater treatment system.
Proximity to Active Port System
Positioned in Phu My town, Ba Ria – Vung Tau province, PM2IZ capitalizes on its proximity to the cluster of Port system No.5, featuring major ports like Phu My port, SP-SPA international port, Saigon Vietnam international port (SITV), and Cai Mep international port (CMIT). These ports are vital hubs on international water transportation routes, equipped with modern facilities for efficient goods handling.
PM2IZ enjoys advantageous road connectivity, linking it to the Southeastern provinces and Southern key economic region via route 965 and National Highway 51. These well-invested roads cater to diverse transportation needs, reinforcing the park’s accessibility for trade and material movement.
Diversified Business Lines at Phu My 3 Industrial Park
Developed by IDICO, Phu My 2 Industrial Park focuses on attracting investments in industries that embrace modern technology, resource-efficient practices, and sustainable development. The park aims to host a variety of industries, including consumer goods manufacturing, mechanical engineering, electronics, biotechnology, construction materials, medical equipment, logistics, and more.
Land lease procedure
Research and Agreement: Investors research the industrial zone and lease conditions, reaching an agreement through a Memorandum of Lease with IDICO.
Deposit and Agreement Finalization: A deposit of 5% of the total infrastructure fee is paid to reserve the land during the 3-month Memorandum of Lease period. Investors complete necessary procedures to obtain an investment certificate.
Investment Approval and Environmental Impact Assessment: Procedures include applying for investment approval, obtaining an investment registration certificate, and preparing/applying for approval of an environmental impact assessment report.
Enterprise Establishment and Land Lease Contract: After obtaining an investment registration certificate, investors establish the enterprise or project and sign a land lease contract with IDICO within 30 days.
Construction Permit: Upon signing the land lease contract, obtaining project approvals, and securing a construction permit, investors proceed with the construction of the project.
Operational Duration: Until June 29, 2055.
Phu My 2 Industrial Park, marked by its strategic location and sustainable development approach, stands as an ideal destination for investors seeking a conducive industrial environment.
Additional Details for Pu My 2 Industrial Park
- Total area: 620.6 hectares
- Land tenure: Operation 2005-2055
- Developer; IDICO (Vietnam Urban And Industrial Zone Development Investment Corporation)
- Key industrial sectors; Producing construction materials. Producing and processing equipment and steel; – Processing mechanic, manufacturing machinery and equipment; – Electric and electronic industry
- Electricity supply; Supplied Power Voltage: 22kV
- Natural gas: two compnies supply natural gas: PVGAS D company connect from gas distribution substation of Phu My 1 IP and Hai Linh company in Phu My 2 IP.
- Wastewater treatment; Capacity in the 1st phase : 4,000 m3/ day.
- Water supply; Supply cleaned water from Toc Tien water plant with volume of 50,000 m3/day
- Seaport: Next to Phu My Port
- Airport; 44km from Tan Son Nhat airport
- Tax incentives: The incentive tax rate will be 17% for first 10 consecutive years since the first year project making taxable income. After the time of applying this incentive tax rate is expired, enterprises will switch to apply the tax rate of 20% for subsequent years.