Long Son Petroleum Industrial Zone

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Information
Operating time: 2008 - 2058
Total Area: 850 ha
Infrastructure investors: PIVLS
Price: 150<span class="nc-unit"> USD/m<span class="nc-unit-pus">2</span></span>
Building density: 60 %
Occupancy: 60 %
Address: Long Son commune, Vung Tau city, Ba Ria - Vung Tau province, Viet Nam.

Long Son Petroleum Industrial Zone is the first integrated oil refinery project in Vietnam, strategically significant due to its role in replacing imports to meet Vietnam’s rapidly growing and sustainable domestic demand for polymer plastics. At the same time, it enhances the competitive edge of the plastic industry, an important export source for Vietnam.

I. Overview of the Long Son Petroleum Industrial Zone

Information about the Long Son Petroleum Industrial Zone

Long Son Petroleum Industrial Zone was approved as an addition to the General Plan for Industrial Zones in Vietnam, according to Prime Minister’s Decision No. 841/TTg-CN dated June 2, 2008. The planned area for investment is 1.250 hectares. On July 11, 2008, the People’s Committee of Ba Ria – Vung Tau province issued Investment Certificate No. 491022000366 to Long Son Oil Refinery LLC to carry out the infrastructure development investment project for the Long Son Petroleum Industrial Zone.

The area of the Long Son Petroleum Industrial Zone was adjusted to 850 hectares, reduced from the initial 1.250 hectares, according to the Prime Minister’s Official Letter No. 1203/TTg-KTN dated July 21, 2011. This adjustment was due to the separation of the Southern Oil Refinery Complex project from the general plan of the industrial zone.

Information about the Investor

Petrochemical and Oil Refinery Industrial Zone Development and Investment Corporation (PIVLS) was established in accordance with Business Law and Resolution No. 1590/NQ-DKVN dated May 24, 2007, by the Vietnam Oil and Gas Group (PetroVietnam). The company officially started its operations on August 9, 2007, based on Business Registration Certificate No. 4903000409 issued by the Department of Planning and Investment of Ba Ria-Vung Tau province.

The main task of the company is to invest in the comprehensive construction of the Long Son Petroleum Industrial Zone – Urban Area – Services, creating favorable conditions and an investment-friendly environment for both domestic and international oil projects, particularly the Refinery No. 3 and the Southern Oil Refinery Complex.

Founding Shareholders:

Vietnam Oil and Gas Group (PVN).

Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO).

PetroVietnam Technical Services Corporation (PTSC).

Chartered Capital: 827.222.120.000 Vietnamese dong (eight hundred twenty-seven billion, two hundred twenty-two million, one hundred twenty thousand dong).

The panorama of Long Son Industrial Park - Ba Ria-Vung Tau - TTTFIC Group
The panorama of Long Son Industrial Park – Ba Ria-Vung Tau – TTTFIC Group

II. Geographical location of Long Son Petroleum Industrial Zone

Long Son Petroleum Industrial Zone is located in Long Son commune, Vung Tau City, Ba Ria – Vung Tau province, Vietnam. This is a prime location that many investors are eager to seize, as it is situated within the key economic region in the South, including Ho Chi Minh City – Bien Hoa – Vung Tau. From the industrial park, swift access is available to the city center, neighboring provinces, ports, and other conveniences.

Distances:

– From Ho Chi Minh City: 84 km

– From Vung Tau City Center: 28,5 km

– Distance from Bien Hoa City: 68,5 kilometers.

– From Tan Son Nhat International Airport (Ho Chi Minh City): 79 km

– From Long Thanh International Airport (Dong Nai): 54 km (Expected to be operational).

– The distance from Vung Tau Airport is 28 kilometers.

– From Tan Cang – Cai Mep Port: 25 km

– From Thi Vai Port: 21 km

– Distance from Phu My Port: 28 kilometers.

Long Son Industrial Park - Ba Ria-Vung Tau - TTTFIC Group
Long Son Industrial Park – Ba Ria-Vung Tau – TTTFIC Group

III. Infrastructure of Long Son Industrial Park

Transportation System

The transportation system within Long Son Industrial Park is designed seamlessly to facilitate smooth movement and optimize efficiency. The synchronized high-pressure lighting system not only supports transportation but also creates an aesthetic appeal for the area.

The main road of the industrial park is 35 meters wide, consisting of:

  • Road surface: 15 meters
  • Sidewalk: 10 meters
  • Median strip: 10 meters

Branch roads and collection roads are 17.5 meters wide, including:

  • Road surface: 7,5 meters
  • Sidewalk: 10 meters

Modern Communication System

The communication system includes telephone, cable TV, and the Internet, managed by the Department of Posts and Telecommunications and operated by Ba Ria – Vung Tau Telecommunications Company. At the control area, we will place a switchboard that connects underground cables to each factory.

Effective Wastewater Treatment

Long Son Industrial Park has various industries with different wastewater components. To protect the environment, the industrial park will classify or combine wastewater treatment by groups.

The industrial park’s plant treats wastewater to meet water standard A before discharging it into the common system. The wastewater treatment plant has a capacity of 2.900 m3/day-night. After treatment, wastewater is retained in a buffer tank for inspection within 7-20 days.

Public buildings and residential houses need to construct toilets with septic tanks. After passing through the septic tank, wastewater will drain into a separate sewer system to the centralized treatment area, meeting TCVN 6772 – 2000 standards.

Reliable Water Supply

Chau Duc Joint Stock Water Supply Company and Ba Ria – Vung Tau Joint Stock Water Supply Company provide the water supply for the Long Son Petrochemical Industrial Park.. The water supply network within the industrial park consists of pipelines from D100mm to D400mm.

The water system always maintains a minimum pressure of 1,3 Kg/cm2 and a standard water flow rate of 0,6 to 1,2 m/s. Fire hydrants are installed on pipes with a diameter of D100mm and above at intersections for easy access in case of emergencies.

Stable Power Supply

Long Son Industrial Park invests in a 110kV Long Son substation with an initial capacity of 63MW and a long-term upgrade to 2 x 63MW. The substation is directly powered from the busbar of Ba Ria Power Plant through a 110kW power grid.

The power system branches from the 110kV Ba Ria – Phu My line, with a 6km single overhead AC-240 wire. In the future, the investor will build a thermal power plant with a capacity of 636MW, mainly serving oil refining and petrochemical projects, with the remaining power integrated into the grid to supply neighboring factories.

IV. Attractive Investment Sectors of Long Son Petroleum Industrial Zone

The Long Son Petroleum Industrial Zone is a concentrated industrial zone designed to attract and develop large-scale industries, with priority given to the following industries:

– Oil refining industry
– Petrochemical industry
– Thermal power industry
– Construction materials industry
– Steel and aluminum refining industry
– Mechanical industry, manufacturing, and assembly
– Offshore drilling maintenance industry.

V. Investment Costs of Long Son Petroleum Industrial Zone

– Infrastructure Usage Fee: 150 USD/m2

– Management Fee: 0,75 USD/m2/year

– Wastewater Treatment Fee: 0,35 USD/m3

– Electricity Price: Calculated according to the government-issued tariff + maintenance fee. Reference price: 0,05 USD/kWh.

– Water Supply Price: Calculated according to the government-issued tariff + maintenance fee. Reference price: 0,4 USD/m3.

The land for lease that belong to Industrial Park has run out of stock. Only the land and warehouse has been re-invested by individual investor that still available

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