My Xuan B1 - Dai Duong Industrial Park

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Information
Operating time: 2006 - 2056
Total Area: 145,7 Ha
Infrastructure investors: DAI DUONG INVESTMENT CONSTRUCTION ENTERTAINMENT CORPORATION
Price: 140 USD/m2
Building density: 60 %
Occupancy: 45 %
Address: My Xuan Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

The My Xuan B1 – Dai Duong Industrial Park in the United States is built with modern, synchronized infrastructure, ensuring conditions for industrial development and environmental protection. It aims to promote investment, industrial production, and socio-economic growth in Ba Ria – Vung Tau Province in line with Vietnam’s industrial Park development policy up to 2015 and the direction towards 2020.

I. Overview of the My Xuan B1 – Dai Duong Industrial Park

Legal information about the Industrial Park

The My Xuan B1 – Dai Duong Industrial Park was approved by the Prime Minister in the General Development Plan for Industrial Parks in Vietnam up to 2015, with a direction to 2020 in Decision No. 1107/QD-TTg dated August 21, 2006.

On December 1, 2006, the Management Board of Ba Ria – Vung Tau Industrial Parks issued the first investment certificate for the development and infrastructure business of the My Xuan B1 – Dai Duong Industrial Park according to Investment Registration Certificate No. 49221000009.

However, it wasn’t until November 10, 2011, that the Industrial Park’s investor completed all the procedures for planning approval, and Ba Ria – Vung Tau Provincial People’s Committee approved the detailed 1/2000 plan according to Decision No. 2602/QD-UBND.

The planned area of the My Xuan B1 – Dai Duong Industrial Park is 145,7 hectares, of which the total industrial land for lease is 104,79 hectares (including warehouse area and existing industrial land).

Industrial Park Scale

Land TypeArea (ha)Percentage (%)
Factory Land94,9865,18
Administrative and Services Land2,61,78
Park and Greenery Land17,1111,74
Central Technical Infrastructure Land3,42,33
Warehouse, Dock, Service Land2,611,79
Transportation Land17,812,15
Existing Factory Land7,24,94
Total145,7100

Total Investment: 265.661.460.000 (two hundred and sixty-five billion, six hundred and sixty-one million, four hundred and sixty thousand) Vietnamese dong.

Industrial Park Operation Period: 50 (fifty) years from December 1, 2006, as indicated in the Investment Certificate.

Information about the Investor

The investor of the Industrial Park is Dai Duong Entertainment Construction Investment Corporation.

Headquarters: 162/7 Binh Loi Street, Ward 13, Binh Thanh District, Ho Chi Minh City, Vietnam.

Master Planning Map of My Xuan B1 Dai Duong - Ba Ria Vung Tau Province - TTTFIC GROUP

Master Planning Map of My Xuan B1 Dai Duong – Ba Ria Vung Tau Province – TTTFIC GROUP

II. Geographical Location of the My Xuan B1 – Dai Duong Industrial Park

The My Xuan B1 – Dai Duong Industrial Park is located in My Xuan Ward, Phu My Town, Ba Ria – Vung Tau Province, Vietnam.

Boundaries

  • South: Adjacent to My Xuan – Ngai Giao Road
  • North: Adjacent to Group 7 Road – Phuoc Binh and Road 1 of Tien Hung B1 Industrial Park, bordering Dong Nai Province.
  • East: Adjacent to Bien Hoa – Vung Tau Highway.
  • West: Adjacent to two industrial Parks, My Xuan B1 Tien Hung and My Xuan B1-CONAC, facing National Highway 51.

Regional connectivity

In the future, the Industrial Park will be located next to the Bien Hoa – Vung Tau Highway.

Waterway

  • 12 km from Phu My Port
  • 5 km from Thi Vai Port
  • 40 km from Vung Tau Port
  • 7 km from Go Dau Port.

Road

  • A distance of 70 kilometers away from Ho Chi Minh City.
  • 40 km from Vung Tau City
  • 40 km from Bien Hoa City on National Highway 1A.

Airway

  • Situated approximately 70 kilometers away from the bustling Tan Son Nhat International Airport.
  • Positioned at a distance of around 20 kilometers from the vibrant Long Thanh International Airport.
  • 46,8 km from Vung Tau Airport

The Industrial Park is part of a concentrated industrial Park area including Cai Mep, My Xuan A1, My Xuan A2, Phu My 1, Phu My 2, and My Xuan, Phu My, and Go Dau Ports.

Therefore, there is now a dedicated Customs department that directly handles import and export procedures. This facilitates smoother inspection of goods for investors.

III. Infrastructure of My Xuan B1 – Dai Duong Industrial Park

The My Xuan B1 – Dai Duong Industrial Park was approved for the construction of a modern, integrated infrastructure, utilizing the local geographical advantages, including:

Water supply

  • Sourced from Phu My Water Plant with a capacity of 40.000 m3/day and night, ensuring 24/7 water supply to investors’ factory gates.

Electricity supply

  • The industrial park features a 110/22KV-2X40MVA transformer station, serving manufacturing plants within the park, powered by the national grid and Phu My Power Plant, providing 24/7, 22KV electricity to factory gates.

Gas supply

  • Provided by Vietnam CNG Joint Stock Company.

Transportation

  • Main Road 1: Entrance from QL51, considered the gateway and facade of the industrial park. It has two lanes with a load capacity of H30, 7,5m wide each (15m total); 10m wide sidewalks on both sides, a 2m wide central divider, and 5m wide pedestrian paths, fully equipped with technical lines and pipes, with 10m setbacks on each side.
  • Main Road D1: North-South axis with a 15m wide road (7,5m x 2); sidewalks over 5m wide on each side, green belts over 5m wide, and space for technical lines and pipes.
  • Several internal roads within the industrial park: N2, D3 with a 14m wide road, sidewalks over 5m wide on each side, and 28,2m right-of-way with over 5m setbacks on each side (sections 2-2 and 4-4).
  • Roads D2, N2-A: Located in the northern part of the industrial park with similar technical standards as the internal roads above. The road is 7,5m wide, sidewalks over 5,75m wide on each side, pedestrian paths over 5m wide, and 10m setbacks (sections 5-5 and 6-6).

Communication system

  • Provided by carriers such as VNPT, FPT, and Viettel, ensuring seamless domestic and international communication, including services like phone, mobile, fax, and internet.

Centralized wastewater treatment plant

  • Phase I capacity of 1.500 m3/day and night, treated wastewater quality meeting Column A_QCVN40;2011/BTNMT standards.
  • Phase II capacity: 1.500 m3/day and night.
Factory in My Xuan B1 - Dai Duong Industrial Park - Ba Ria Vung Tau Province - TTTFIC GROUP

Factory in My Xuan B1 – Dai Duong Industrial Park – Ba Ria Vung Tau Province – TTTFIC GROUP

IV. Industries attracting investment

  • Construction materials industry
  • Food processing and beverage industry
  • Mechanical manufacturing, repair, and assembly industry
  • Light industry (office supplies, plastic products, etc.)
  • Electronics and refrigeration assembly industry
  • And several other non-polluting industries

V. Investment Costs at the My Xuan B1 – Dai Duong Industrial Park

Land Lease Price: 140 USD/m2 excluding 10% VAT

  • Industrial Park Management Fee: 0,4 USD/m2/year excluding 10% VAT
  • Wastewater Treatment Fee: 0,35 USD/m3 excluding 10% VAT
  • Electricity Price: According to the state electricity price at the time of supply to factories in the Industrial Park. For voltages from 22kV to 110kV (price excluding VAT):

Average Price: 0,07 USD/kWh/month.

  • Peak Hours (09:30 – 11:30; 17:00 – 20:00): 2.735 VND/kWh ~ 0,11 USD/kWh.
  • Off-Peak Hours (22:00 – 04:00): 983 VND/kWh ~ 0,039 USD/kWh.
  • Normal Hours (04:00 – 09:30; 11:30 – 17:00; 20:00 – 22:00): 1.518 VND/kWh ~ 0,063 USD/kWh.

Water Price: According to the water price regulations of Phu My Water Plant: 12.500 VND/m3 ~ 0,52 USD/m3/month.

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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

TTTFIC Group: Guide to Industrial Real Estate in Vietnam


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