Overview of Phu Tai Industrial Park:
Phu Tai Industrial Zone, established on December 18, 1998, through Prime Minister’s Decision No. 1127/QD-TTg, holds the distinction of being the first industrial zone in Binh Dinh province. It aligns with the province’s economic and social development strategy, aiming to attract both domestic and foreign capital for investment and foster growth.
Phu Tai Industrial Zone is Located in Tran Quang Dieu and Bui Thi Xuan wards, Quy Nhon City, Binh Dinh Province.
Phu Tai Industrial Zone spans a total land area of 345.8 hectares. The investor for this industrial zone is Binh Dinh Investment and Construction Joint Stock Company. The designers have created a comprehensive and modern layout for the Phu Tai Industrial Zone, incorporating wide internal transportation systems, abundant green spaces, and dependable electricity, water supply, and drainage systems that meet international standards. The flexible land plots within Phu Tai Industrial Zone cater to various types of factories.
As a result, the industrial zone has attracted significant investment capital and a large labor force, creating favorable conditions for its development.
Master plan map of Phu Tai Industrial Park – Binh Dinh – TTTFIC Group
The infrastructure of Phu Tai Industrial Park:
Transportation System:
- Main road system: 30m width; 2 lanes.
- Nternal traffic system: 20m width; 2 lanes.
- Connectivity:
Road: National Highway 1A.
Railway: North-South Railway.
Waterway (sea, river): Quy Nhon Port.
Airway: Phu Cat Airport.
Electricity System:
- The power supply to the industrial zone is derived from a 220kV transformer station.
- High-voltage power lines are provided along the internal traffic system within the industrial zone.
Water System:
- The clean water plant supplies water at a capacity of 640m3/day.
- A standard international water supply pipeline system delivers the water to the factory fences.
Wastewater Treatment System:
- Maximum treatment capacity (m3/day): 2,000 m3/day.
- Current wastewater treatment capacity (m3/day): 600-800 m3/day.
Waste Treatment System:
Waste is classified, collected, and transported out of the industrial zone by contracted factories to prevent environmental pollution.
Air Emission:
Factories have installed filtration systems that meet national standards to treat emissions before releasing them into the natural environment.
Firefighting System:
Firefighting facilities are installed along the industrial zone’s roads.
Communication System:
The industrial Zone is equipped with an underground communication cable system and is supplied to the factory fences through a standard international cable system.
An overview perspective of Phu Tai Industrial Park – Binh Dinh – TTTFIC Group
Attracting Investment of Phu Tai Industrial Park:
Phu Tai Industrial Zone divides the investment attraction sector into four subzones as follows:
- Zone A: Processing industries for agro-forestry products, paint, stone, rubber, packaging, warehousing, construction materials, footwear, mechanics, and animal feed.
- Zone B: Processing industries for agro-forestry products, stone, packaging, beer, construction materials, footwear, mechanics, services, and industrial sewing.
- Zone C: Processing industries for agro-forestry products, stone, packaging, construction materials, warehousing, industrial sewing, and services.
- Zone D: Comprehensive industries.
Investors enjoy significant benefits when investing in this area, including:
- Corporate income tax incentives: Exemption for the first four years from the year of generating taxable income and a 50% reduction for the following seven years.
- Other incentives: 15-year land rent incentives for raw land.
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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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Industrial real estate in industrial zones, Vietnam
TTTFIC Group
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