For Lease: Factory in Dong An 2 Industrial Park
- Price: $3,8/sqm/month
- Area: 19.000 Sqm
My Xuan A Industrial Park (My Xuan A IP) is one of the industrial parks with significant allure in Ba Ria – Vung Tau province. With outstanding advantages in geographical location and an advanced infrastructure system, this is destined to become an ideal destination for investors. Let’s delve into more details about My Xuan A Industrial Park with TTTFIC in the article below!
The investor for the My Xuan A IP project is the Vietnam Urban and Industrial Park Development Investment Corporation (IDICO), covering a vast area of 302.4 hectares.
The establishment of My Xuan A IP dates back to Decision No. 333/TTg on May 22, 1996, and Decision No. 554/QD-TTg on July 8, 2002, both issued by the Prime Minister. The planning for the industrial park received approval through Decision No. 1248/QD-BXD on October 4, 2002, from the Ministry of Construction. The total investment capital for this project amounts to a substantial 343 billion VND, and it is slated to operate until 2052.
Situated in the southern key economic region, which includes Ho Chi Minh City, Dong Nai, Ba Ria Vung Tau, and Binh Duong, My Xuan A plays a crucial role in the industrial landscape of Ba Ria Vung Tau province.
Currently, the industrial park has successfully leased the entire industrial land area, achieving a full occupancy rate of 100%. It accommodates projects from both domestic and foreign investors, with notable entities such as Heineken Beer Company, Lixil Vietnam Company, Bach Ma Ceramics Factory (Malaysia), and Viglacera Ceramics Factory (Vietnam).
My Xuan A IP is strategically situated in the heart of My Xuan Ward, Phu My Town, Ba Ria Vung Tau Province. The region boasts a temperate climate, is free from storms and earthquakes, and features high soil load intensity, contributing to cost savings in construction for investors and businesses.
My Xuan A IP enjoys seamless connectivity with neighboring industrial parks, cities, and provinces, facilitating the overall development of industries. It can be easily linked with other industrial parks in Ba Ria – Vung Tau province, including My Xuan A2 Industrial Park, My Xuan B1 – Tien Hung Industrial Park, My Xuan B1 – Conac Industrial Park, and more.
The industrial park is strategically positioned with convenient access to major roads, ports, airports, railway stations, and neighboring cities:
This prime location enhances the efficiency of goods transportation for businesses within My Xuan A IP, ensuring convenience and cost-effectiveness.
The entire My Xuan A IP is connected to the National electricity grid managed by Tan Thanh Electricity under Ba Ria – Vung Tau Electricity Company. The electricity is supplied to the factory fence at a voltage level of 22kV.
The water used for production activities in My Xuan A IP is sourced directly from the Phu My water plant and supplied to the factory fence. The current water intake capacity is 22.000 m3/day and night.
The water supply and drainage systems are meticulously and thoroughly invested in, including:
The wastewater treatment plant within the industrial park treats wastewater from businesses according to prescribed standards. The operating capacity in phase 1 is 4.000 m3/day and night.
The road system inside the industrial park is built with H30 load-bearing asphalt concrete roads, including main routes 1A, 1B, 2A, 2B, 3, and 3A connecting directly with National Highway 51, Go Dau Industrial Park, and My Xuan A2 Industrial Park. Main roads have a cross-section of 55m and a road surface of 15m wide, while branch roads have a cross-section of 35 m and a road surface of 8 m wide.
The industrial park’s telecommunications system is provided by major carriers such as VNPT, FPT, and Viettel, directly connected to the postal network of Ba Ria – Vung Tau province. This ensures quick access to telecommunications services for businesses in My Xuan A IP, including telephone, mobile phone, fax, and Internet services.
My Xuan A IP features a low-pressure gas distribution station that processes gas within the industrial park to supply to investors as needed.
The industrial park invests in various systems such as fire prevention and fighting systems, security systems, etc., to promptly handle emergencies. Even after more than 20 years of operation, My Xuan A IP continues to upgrade its infrastructure system, focusing on cleanliness, environmental friendliness, and sustainable development, creating convenience for investors and promoting a green and beautiful environment.
In its pursuit of becoming the most modern and developed industrial park in Ba Ria – Vung Tau province, My Xuan A is actively attracting businesses and investors in various industries. The key sectors include:
By welcoming businesses from these sectors, My Xuan A IP aims to create a diverse and dynamic economic environment, fostering growth and development in Ba Ria – Vung Tau province.
My Xuan A IP stands out among investors due to its attractive incentive programs, designed to encourage and facilitate large-scale investments. These incentives include:
These robust investment incentives make My Xuan A IP an appealing choice for businesses looking for a conducive environment with financial advantages to support their growth and development.
Investment costs are a critical consideration for businesses and investors as they directly impact a company’s financials. The investment costs specific to My Xuan A IP are as follows:
These cost details provide transparency for businesses and investors considering My Xuan A IP, enabling them to make informed decisions about their financial commitments in this industrial zone.
The availability of a skilled and abundant labor force is pivotal for fostering industrial park development. In Ba Ria – Vung Tau province, especially within My Xuan A IP, human resources and labor costs remain stable. The region boasts approximately 1,2 million people, with over 60% falling within the working-age population.
My Xuan A IP’s prime geographical location in the center of Ba Ria – Vung Tau province allows for easy access to a large labor pool from neighboring provinces. This abundance of skilled and stable labor creates favorable conditions for businesses. It enables them to recruit and select the most suitable workforce while mitigating the risk of labor shortages.
The construction and ongoing development of My Xuan A IP play a significant role in effectively addressing employment challenges for workers. This, in turn, contributes to the overall economic well-being of the region.
My Xuan A IP features a robust and modern infrastructure system. It is strategically located near two major regional projects: Long Thanh International Airport and Cai Mep – Thi Vai International Seaport. This advantageous position has attracted significant capital, resulting in the swift occupancy of factories and fostering remarkable economic growth in the Phu My area and Ba Ria – Vung Tau as a whole.
The operational businesses and factories within the industrial park generate a substantial demand for accommodation for both experts and workers. The heightened demand for housing not only stimulates the local economy in Phu My town and Ba Ria – Vung Tau but also serves as a catalyst for significant growth in the real estate market. My Xuan A IP emerges as an attractive investment opportunity, propelling economic development and contributing to the region’s prosperity.
In conclusion, My Xuan A IP is an enticing prospect for investors and businesses. It has evolved over time, asserting remarkable potential for robust and sustained development. For further advice, feel free to contact us, and stay tuned to TTTFIC for additional valuable insights!
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