My Xuan B1 – Tien Hung Industrial Zone is a project located within the pivotal southern economic region, currently garnering significant attention from domestic and international investors. Furthermore, the industrial zone boasts a strategically advantageous location, excellent transportation links, and favorable investment policies and support.
I. Overview of My Xuan B1 – Tien Hung Industrial Park
My Xuan B1 – Tien Hung IP is a significant industrial project located in My Xuan Ward, Phu My Town, Ba Ria – Vung Tau Province, Vietnam.
The project, spanning a large area of 200 hectares, is owned and managed by the production and trade company, Tien Hung Co., Ltd.
Established by decision No. 1479/QD.UBND on May 18, 2006, by the People’s Committee of Ba Ria – Vung Tau Province, the My Xuan B1 – Tien Hung Industrial Park is considered one of the most important industrial areas in Southern Vietnam, attracting the attention of both domestic and foreign investors.
The industrial park is divided into different areas for various purposes, with the following land use breakdown:
Industrial land: 138,21 hectares, accounting for 69,11% of the total area
Storage land: 5,18 hectares, accounting for 2,59% of the total area
Administrative and service land: 4,14 hectares, accounting for 2,07% of the total area
Greenery and water surface land: 24,29 hectares, accounting for 12,15% of the total area
Transportation land: 25,96 hectares, accounting for 12,98% of the total area
Technical infrastructure land: 2,22 hectares, accounting for 1,11% of the total area
Since its establishment, the industrial park has made a positive contribution to the economic development of Ba Ria – Vung Tau Province,Vietnam as a whole. The project has created employment opportunities for the local community and attracted significant investment from reputable domestic and foreign investors. With its strategic location and modern facilities, the industrial park is poised to continue driving economic growth in the region.
My Xuan B1 – Tien Hung Industrial Park-Vung Tau – TTTFIC Group
II. Geographical Location of My Xuan B1 – Tien Hung Industrial Park
It lies within the key southern economic region, encompassing Ho Chi Minh City, Bien Hoa, Vung Tau, and Binh Duong. The industrial Park benefits from a well-connected transportation network, including roadways, waterways, and air travel.
The specific geographical position of the Industrial Park is as follows:
To the north, it shares boundaries with the land under development for My Xuan B1 Industrial Park.
To the south, it is adjacent to My Xuan B1 – Conac Industrial Park and My Xuan B1 – Dai Duong Industrial Park.
To the west, it borders the technical corridor of National Highway 51.
To the east, it adjoins My Xuan B1 – Dai Duong Industrial Park.
This geographical location provides the Industrial Park with excellent connectivity:
Approximately 70 km from the center of Ho Chi Minh City and 40 km from Vung Tau City.
About 7 km from Go Dau Port, 8 km from Phu My Port, and 5 km from Thi Vai Port.
Roughly 70 km from Tan Son Nhat International Airport (HCMC) and approximately 20 km from the planned Long Thanh International Airport.
Around 53 km from Saigon Railway Station (HCMC) and approximately 45 km from Bien Hoa Railway Station (Dong Nai Province).
III. Infrastructure and Facilities at My Xuan B1 – Tien Hung Industrial Park
Introduction My Xuan B1 – Tien Hung Industrial Park has become a reliable destination for businesses to invest in, thanks to its complete and modern infrastructure and accompanying facilities that meet the needs of businesses during their production and business processes.
Power System
Phu My power plant ensures a stable power supply 24/24 for the industrial park, equipped with a 110/22KV transformer station with a capacity of 2x64MVA
Water Supply System
Phu My Water Plant provides water for production activities 24/7
Wastewater Treatment System
The company treats wastewater according to prescribed standards using a microbiological method that includes two parts: a separate system within each factory and an external collection system that leads to a centralized area for secondary cleaning.
Rainwater Drainage System
The designers of the industrial park designed a separate rainwater drainage system from industrial wastewater to ensure environmental safety and friendliness.
Communication System
Providing comprehensive telecommunications services, including telephone, fax, internet, and data transmission through the Ba Ria – Vung Tau Provincial Post Office.
Internal Road System
Constructed with a hot asphalt concrete structure capable of withstanding an H30 load, the main road is 37 meters wide, and the internal roads are 19.5 meters wide, facilitating easy transportation of goods.
Centralized Wastewater Treatment Plant
The capacity for phase 1 is 1,500 m3/day and night, with water quality after treatment meeting Column B according to QCVN 40:2011/BTNMT. The capacity for phase 2 is 1,500 m3/day and night.
Service and Support Facilities
The industrial park has planned two service areas covering approximately 3 hectares.
Master planning map of My Xuan B1 – Tien Hung Industrial Park – Vung Tau – TTTFIC Group
IV. Investment-attractive industries at My Xuan B1 – Tien Hung Industrial Park
Manufacturing, repair, replacement, and assembly of mechanical products
Agricultural and forestry processing industry
Light industry: leather shoes, garments, office supplies, plastic products, etc.
Electronics and refrigeration assembly industry
Construction materials industry
And some other light industries. . .
V. Investment Costs in My Xuan B1 – Tien Hung Industrial Park
Land rental price: 180 USD/m2. The land lease term is 50 years, from 2006 to 2056.
Management fee: 0,5 USD/m2/year.
Wastewater treatment fee: 0,35 USD/m3 (Type A) and 0,4 USD/m3 (Type B).
Electricity price: as per EVN Vung Tau’s pricing schedule. Reference price: 0,05 USD/kWh.
Water price: 12.500 VND/m3 ~ 0,52 USD/m3 (Based on the rates applied by Ba Ria – Vung Tau Provincial People’s Committee).
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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Industrial real estate in industrial zones, Vietnam
