Phu Bai Industrial Park - Thua Thien Hue Province

Home|INDUSTRIAL PARKS IN VIETNAM|Phu Bai Industrial Park – Thua Thien Hue Province
Information
Operating time: 1998 - 2058
Total Area: 282.62 Ha
Infrastructure investors: Industrial Zone Infrastructure Investment and Development Limited Company
Price: 35 USD/m2
Building density: 60%
Occupancy: 75%
Address: Phu Bai Ward, Huong Thuy Town, Thua Thien Hue province

Overview of Phu Bai Industrial Park – Thua Thien Hue Province:

To establish its brand, Phu Bai Industrial Park (Thua Thien Hue Province) focuses not only on the development of synchronized and complete infrastructure but also emphasizes the aspect of a green industrial environment. Phu Bai has become an attractive destination for many investors.

Phu Bai Industrial Park is divided into investment phases.

Phase I & II :

Phu Bai Industrial Park is the first industrial park in Thua Thien Hue Province, established according to Decision No. 1144/QD-TTg by the Prime Minister on December 22, 1998. It is a key project of Thua Thien Hue Province.

Phu Bai Industrial Park, including Phase I, Phase II, and expanded Phase II, covers a total area of 196.75 hectares, with the investment being undertaken by the Infrastructure Investment and Development Limited Company, an Industrial Park Infrastructure Development and Investment Company.

With a perfect combination of strategic location, comprehensive and complete infrastructure, along professional support services, Phu Bai Industrial Park’s Phase I and II have created a competitive advantage and differentiation compared to other industrial parks, attracting many foreign investors such as Carlsberg, Hanesbrands (HBI), Baosteel Can Making, Hanex, MSV, Takson, and more.

Phase IV – Stage 1:

Phu Bai Industrial Park’s Phase IV – Stage 1 received investment approval through the Prime Minister’s Decision No. 1836/QD-TTg on December 18, 2019.

The establishment of Phu Bai Industrial Park’s Phase IV – Stage 1 was authorized by the People’s Committee of Thua Thien Hue Province through Decision No. 2883/QD-UBND on November 9, 2021, with the Investment and Development Limited Company acting as the investor.

Phase IV – Stage 1 of Phu Bai Industrial Park covers an area of 85.86 hectares.

Master plan map of Phu Bai Industrial Park - Thua Thien Hue Province - TTTFIC Group

Master plan map of Phu Bai Industrial Park – Thua Thien Hue Province – TTTFIC Group

Geographical Location of Phu Bai Industrial Park:

Phu Bai Industrial Park is located in Phu Bai Ward, Huong Thuy Town, Thua Thien Hue Province.

Road transportation:

  • It is traversed by National Highway 1A, which passes through Thua Thien Hue Province and serves as a major transportation route across Vietnam.
  • Additionally, there is the Cam Lo – Tuy Loan Expressway, connecting the three provinces of Quang Tri, Thua Thien Hue, and Da Nang.

Maritime transportation:

  • The deep-water port of Chan May is located within the province of Thua Thien Hue, serving as the nearest and most convenient gateway to the East Sea for the regions along the East-West Economic Corridor (connecting Central Vietnam with Northeastern Thailand and Laos).
  • It is a major port on the sea route connecting Singapore, the Philippines, and Hong Kong (China). Chan May Deep-Water Port is one of the ten largest seaports in Vietnam, with significant advantages and great potential in international maritime transport and transshipment.
  • The depth of the channel reaches -12.3 meters, capable of accommodating international vessels up to 50,000 DWT. It has a cargo clearance capacity of 5-6 million tons per year.

Air transportation:

  • Phu Bai International Airport, located in Phu Bai Ward, Huong Thuy Town, Thua Thien Hue Province, plays an important role in contributing to the economic development of the province and the North Central Coast region.

Phu Bai Industrial Park is strategically located in Thua Thien Hue Province and the key economic region of Central Vietnam. It has direct connectivity to major provinces, airports, and seaports, facilitating transportation and trade with neighboring regions.

Infrastructure of Phu Bai Industrial Park – Thua Thien Hue Province:

Phu Bai Industrial Park is located on high land, free from flooding, with stable geological conditions. The technical infrastructure of Phu Bai Industrial Park is the most complete and synchronized in Thua Thien Hue Province. It includes electricity supply systems, water supply systems, a Customs Office within the industrial park, and a professional Firefighting and Rescue Brigade, among others. It meets the investment standards for medium and large-scale industrial production projects.

Internal transportation: Main arterial roads have a width of 31m to 54m, while internal roads and gathering roads have a width of 19.5m.

Wastewater treatment system: The centralized wastewater treatment plant has a capacity of 6,500 m3/day and night, complying with Vietnamese standards.

Fire protection system: There is a professional Firefighting and Rescue Brigade within the industrial park equipped with modern facilities.

Waste management: There is a waste collection and treatment team to ensure environmental hygiene.

Communication and information system: It has been invested in and completed, including network providers such as VNPT, Viettel, and Mobifone.

Clean water supply system: Phu Bai Water Plant has a capacity of 15,000 m3/day and night. There is a D50 water pipeline system serving the industrial park.

Power supply system: There are two transformer substations with a capacity of 110/22KV-25 MVA and a medium-voltage transmission line system.

Attracting Investment Sectors of Phu Bai Industrial Park – Thua Thien Hue Province:

  • High-tech engineering, information technology: electrical, electronics, computer.
  • Clean industry, supporting industries, machinery manufacturing, automobile and motorcycle assembly, beverage production, etc.
  • Agro-processing, forestry, and aquatic product processing, textile and garment industry.
The transportation of Phu Bai Industrial Park - Thua Thien Hue Province - TTTFIC Group

The transportation of Phu Bai Industrial Park – Thua Thien Hue Province – TTTFIC Group

Investment incentives of Phu Bai Industrial Park – Thua Thien Hue Province:

Phu Bai Industrial Park attracts investors with its strategic location and developed infrastructure. It offers investment incentives, including preferential policies on Corporate Income Tax, land rental fees, and labor support.

Corporate Income Tax:

– Special investment incentives:

  • Apply the corporate income tax rate of 10% for 15 years
  • Tax exemption of 0% for the first 4 years and a 50% reduction for the next 9 years.

Preferred investment sectors:

  • The Corporate Income Tax rate is 17% for 10 years.
  • Tax exemption of 0% for the first 2 years and a 50% reduction for the next 4 years.

The list of preferred investment sectors is based on Appendix II of Government Decree No. 31/2021/ND-CP dated March 26, 2021.

Import Tax Incentives:

– Special investment sectors:

  • Import duty exemption for imported goods used to create fixed assets of the investment project in the field enjoying import tax incentives.
  • Raw materials, supplies, and components that are not yet produced domestically for production purposes of investment projects in the preferred investment sectors, high-tech enterprises, science and technology enterprises, and scientific and technological organizations are exempted from import tax for 5 years, starting from the production commencement date

– Preferred investment sectors:

  • Import duty exemption for imported goods used to create fixed assets of the investment project in the field enjoying import tax incentives.

Human Resources and Labor Costs of Phu Bai Industrial Park:

Abundant and Qualified Human Resources:

  • The population of Thua Thien Hue Province in 2020 was 1,356,600 people.
  • Labor force: 773,300 people, accounting for 57% of the province’s population.
  • The proportion of skilled labor through training accounts for 66% of the population.
  • With 21 universities and colleges, 4 vocational schools, and 21 vocational education institutions, Thua Thien Hue Province is ready to provide a plentiful and skilled workforce for investors.

Labor Costs:

  • Minimum wage: 3.09 million VND/month
  • General Labor: 4.5 – 5.5 million VND/month
  • Skilled labor: 6 – 8 million VND/month
  • Management labor: 8 – 12 million VND/month
  • Overtime costs: According to general regulations
  • Social insurance: 25% (Employers contribute 17%, employees contribute 8%)
  • Health insurance: 4.5% (Employers contribute 3%, employees contribute 1.5%)
  • Unemployment insurance: 2% (Employers contribute 1%, employees contribute 1%)

Contact to TTTFIC Group

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.
  • For first-time investors in Vietnam, we assist in surveying suitable locations in Industrial Zones across the entire territory of Vietnam. We support handling investment procedures for projects.
  • Our Design & Build approach means that from the moment the investor completes the land lease location, we take responsibility for all steps, including obtaining IRC/ERC; DTM; Fire prevention and firefighting certificates; legal aspects of the project from the design phase; applying for construction permits; progressing to the construction phase, and completing the factory for handover to the investor in an operational state in a turnkey manner.
  • You don’t waste time searching, don’t incur additional consulting fees, and don’t have to spend money on investment estimates. We offer a complete package from receiving the client’s idea to completing the project, ensuring a smooth start of operations, reducing 2/3 of the time, effort, and money for you.
  • Services include Lease, Purchase, Sale, and M&A (Merger & Acquisition): We provide specialized information and support for your real estate needs in key business areas.
  • Legal Consultation: Our experienced legal team assists with real estate-related issues, ensuring smooth procedures for foreign investors.
  • Foreign Direct Investment (FDI) Establishment: We guide the easy establishment of foreign direct investment businesses, ensuring compliance with regulations.
  • Investment Project Development Consultation: From market surveys to detailed planning, we support the development of your project.
  • Construction Licensing & Compliance: We assist in obtaining permits, ensuring compliance with safety and environmental standards.
  • Registration & Tax Consultation: We handle tax compliance, ensuring your business meets all legal regulations.
  • 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…).
  • Together, we can build a prosperous and sustainable future for both businesses and communities. We look forward to collaborating with you.

Industrial real estate in industrial zones, Vietnam


TTTFIC Group 

Address: No.290, Dong Khoi Street, Hoa Phu Ward, Thu Dau Mot City (Binh Duong New City), Binh Duong Province, Vietnam.

https://tttfic.com
https://tttland.vn
https://24hbdfic.com
https://ttic.vip
https://247bdipss.com

0 Reviews
0

0 customer reviews

  • 1

    0%0 review

  • 2

    0%0 review

  • 3

    0%0 review

  • 4

    0%0 review

  • 5

    0%0 review

Submit a review

  • Required
  • Required
  • Required

There are no reviews yet

Booking Tour
Lawyer and legal consultants accompany to consult regulations, laws and legalities.
Pick-up free services around 100km
In person meeting with Landlords/ Industrial Park Management as well as visiting properties.

Compare Phu Bai Industrial Park - Thua Thien Hue Province

Click on the object to be compared
Phu Bai Industrial Park - Thua Thien Hue Province

Phu Bai Industrial Park - Thua Thien Hue Province

  • Price: 35 USD/m2
  • Area: 282.62 Ha

Suggest Industrial Park

Gilimex Thua Thien Hue Industrial Park - Thua Thien Hue

Gilimex Thua Thien Hue Industrial Park - Thua Thien Hue

  • Updating... / Updating...
Tu Ha Industrial Park

Tu Ha Industrial Park

  • 30 USD/m2 / 250 Ha
Phong Dien Industrial Park

Phong Dien Industrial Park

  • 30 USD/m2 / 400 Ha
Chan May - Lang Co Economic Zone

Chan May - Lang Co Economic Zone

  • 35 USD/m2 / 27.108 ha

Choose an industrial park

Our Members