In the endeavor to attract organizations with financial capacity and expertise in industrial park infrastructure investment, Tan Tao Investment and Industrial Corporation, a subsidiary of Tan Tao Group, has successfully fulfilled the necessary legal requirements. As a result, they have been appointed as the designated investor for Pho Phong Industrial Park.
Furthermore, the Chairman of the Provincial People’s Committee has approved the adjustment of the detailed construction plan for Pho Phong Industrial Park in Decision No. 93/QD-UBND dated January 26, 2010. This plan covers an area of 157.38 hectares at a scale of 1/2000.
Pho Phong Industrial Park is located in the vicinity of Pho Nhon and Pho Phong Communes within Duc Pho District, Quang Ngai Province. It shares boundaries as follows:
To the east, it is adjacent to the Khoai Stream (Muon Stream) and existing hills.
To the west, it is adjacent to Tam Cop Mountain.
And to the south, it is adjacent to part of the land of the 24/3 farm.
To the north, it is adjacent to the Ba Lien River.
Being one of the promising industrial zones in Quang Ngai Province, Pho Phong Industrial Park attracts investors from both domestic and foreign markets, particularly from Japan, South Korea, Taiwan, and Singapore.
Master plan map of Pho Phong Industrial Park – Quang Ngai – TTTFIC Group
II. Infrastructure of Pho Phong Industrial Park:
Transportation System:
The main roads in the Industrial Park have different cross-sections.
The first type is 27m wide, with a 15m roadbed and 6m sidewalks on each side. The factory side has a red line boundary 18m from the sidewalk, with the building line 6.5m away.
The second type is 16.25m wide, with an 11.25m roadbed and 2.5m sidewalks on each side. The red line boundary is 9m away from the sidewalk, and the building line is 6.5m away.
Branch roads in the Industrial Park have a cross-section of 15.5m, with a 10.5m roadbed and 2.5m sidewalks on each side. The red line boundary on the factory side is 14.5m away from the sidewalk, and the building line is 6.5m away.
Additionally, there are plans for the construction of a new bridge over the Ba Lien River, approximately 120m long, and three small bridges over channels, each about 30m long.
Power Supply System:
Electricity source: Utilizing the national power grid through the existing 110kV Thach Tru – Ba To transmission line in the northeast of the planned area. In the beginning, power will be sourced from the Thach Tru 110/22kV station, utilizing the 22kV electrical grid.
Total capacity: 22.3 MVA – constructing two new transformer stations, each with a capacity of 10 MVA for supplying power to factories and facilities, and one 22/0.4kV substation with a capacity of 100KVA for street lighting in the Industrial Park.
22kV power lines: Constructing new overhead 22kV lines along the sidewalks of roads, with a total length of approximately 5.1km.
Street lighting using underground cables and high-pressure sodium lamps (150-250W) mounted on steel poles.
Water Supply System:
Water source: Utilizing water from the Ba Lien River.
Construction of pumping stations and surface water intake facilities with a capacity of 5,860 m³/night, combined with water treatment facilities with a capacity of 5,670m³/night to supply water to the Industrial Park.
Raw water supply pipes using 2Ø300 ductile iron pipes, conveying water from the pumping station to the water treatment facility.
Clean water supply pipes using Ø100, Ø150, Ø200, and Ø350 ductile iron pipes, running along the sidewalks to supply water to facilities.
Installation of fire hydrants along the water supply pipes, with a distance of 120-150m between each hydrant.
Fire Protection System:
Each enterprise is responsible for equipping its firefighting system.
Communication System:
The national power grid supplies electricity via the 110/22kV transmission line with a total capacity of 22.3 MVA.
Additional Information:
Investment has been made in the factory fence.
Pho Phong Industrial Park – Quang Ngai – TTTFIC Group
III. Investment attraction policy:
The Industrial Park gives priority to investment sectors that make use of indigenous raw materials, including:
Seafood processing industry.
Agro-forestry processing industry.
Light industries with low environmental pollution.
Significant incentives for investors in this area include:
Corporate income tax incentives:
A preferential tax rate of 17% for 10 years.
The first 2 years enjoy exemption from corporate income tax, followed by a 50% reduction in tax payable for the subsequent 4 years.
Import tax incentives:
Imported machinery, equipment, and vehicles used to establish fixed assets or expand production capacity, which are not domestically produced or do not meet quality standards, are eligible for import tax exemption.
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
Where you gain a comprehensive view of the ideal investment environment for foreign enterprises, we are TTTFIC Group, your reliable partner in the Industrial Real Estate sector.
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Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
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With over 20 years of experience in Design & Build for FDI projects of all scales. If you’re seeking industrial real estate in Vietnam, give us a call! With a team of experienced experts, engineers, and lawyers, we have assisted thousands in property buy, sell, M&A, and industrial real estate leasing (especially investors from the US, Germany, Denmark, Sweden, the UK, Korea, Japan, Taiwan, China, India, Singapore…).
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Industrial real estate in industrial zones, Vietnam
