For Sale: Land in Phu My 3 Industrial Park - BRVT
- Price: $195/sqm/ 70 Years
- Area: 100.000 SQM
Tan Binh Industrial Park (Tan Binh IP), located in the southern region of our country, has garnered significant attention from both domestic and foreign investors. Established on February 1, 1997, according to Decision 65/TTg of the Prime Minister, the industrial park has played a pivotal role in contributing to our country’s economy since its inception.
Tan Binh IP, established in 1997, stands as one of the significant industrial parks in Ho Chi Minh City. Over nearly 30 years of operation and development, it has evolved into a crucial production and business center, exerting a substantial influence in both Ho Chi Minh City and the broader southern region.
Situated across the districts of Tan Binh and Binh Tan, Tan Binh IP enjoys a strategically advantageous geographical location. The comprehensive and well-coordinated transportation system, featuring key city roads such as Quang Trung Street, Le Trong Tan Street, and Tan Ky Tan Quy Street, facilitates seamless connectivity with the city’s pivotal economic zones, enhancing the efficiency of trade and goods transportation.
The industrial park spans a total area of 128,7 hectares, divided into two parts. One section, established in 2008, covers 105,95 hectares, while the remaining portion constitutes the expanded Tan Binh IP.
Land use structure in Tan Binh IP:
|Industrial construction land
|Land for warehouse construction
|Land for construction of administrative and service centers
|Land for construction of technical infrastructure
|Land for road construction
|Green trees, open space
Land use structure in expanded Tan Binh IP:
|Land for industrial construction and warehouses
|Land for construction of technical infrastructure
|Land for administrative and service construction
|Land for road construction
|Green trees and open space
Tan Binh IP hosts a diverse range of business sectors, encompassing food processing, beverages, canned goods, garments, electronics, mechanics, and various other industries. The industrial park stands out for its emphasis on delivering products of high quality at competitive prices. This unique advantage attracts numerous investors, prompting them to establish their businesses here to cater to both domestic demands and international exports.
The comprehensive investment strategy of Tan Binh IP extends beyond production facilities. The park is designed with employee well-being in mind, featuring amenities such as entertainment areas, accommodation options, dining establishments, and ample parking facilities.
Some companies are operating in Tan Binh IP:
|Asia Construction Company Limited (ABC)
|Construction – Company
|Lot 4-16, Street 3, Tan Binh Industrial Park, Tay Thanh Ward
|Tan Phu Trading Investment Company Limited
|Investment, management & consulting
|416 Lot A CC Tan Binh Industrial Park, Son Ky Ward
|Thanh Tan Tien Joint Stock Company
|Machinery – all types
|Lot 1-8D, Street 13, Tan Binh Industrial Park, Son Ky Ward
|Vinh Nam Phat Packaging Film Joint Stock Company (VINAFILMS)
|Packaging – production & trading
|Lot 3-3D, Street 11, Tan Binh Industrial Park, Tay Thanh Ward
|Hung Phat Production and Service Company Limited
|Garment – production & trading
|Lot 2-1B, Le Trong Tan, Tan Binh Industrial Park, Tay Thanh Ward
Tan Binh IP is strategically situated in Tay Thanh Ward, Tan Phu District, and Binh Hung Hoa Ward, Binh Tan District of Ho Chi Minh City, Vietnam. This prime location sets the stage for the industrial park’s robust future development. The park enjoys seamless connectivity through various modes of transportation, including roads, waterways, railways, and airways. Key details of its geographical location include:
With easy access to various economic regions through a diverse transportation network, businesses within Tan Binh IP can efficiently trade and engage with different economic sectors across the country.
Tan Binh IP boasts one of the most modern and comprehensive infrastructures. Details of the infrastructure include:
Tan Binh IP has received approval from the Management Board for factory construction projects, encompassing the landscape of the surrounding residential areas. The park features a well-planned system of trees along internal roads, accounting for 12% of the total park area. This greenery contributes to improved air quality and minimizes environmental pollution. The average ground level is approximately 9m high, consisting of compacted soil after leveling.
The internal traffic system is spacious and modern, designed to facilitate the fastest and smoothest vehicle movement. Main lanes boast four separate lanes and a width of 32m, while branch roads have two separate lanes with a width of up to 23 m. All roads adhere to national standards, constructed with concrete paving by authorized contractors. The lighting system for internal routes ensures both aesthetics and ease of movement.
A water supply pipeline system meeting international standards provides clean water to factories and businesses within the industrial park. With a daily capacity of up to 30.000 m3, businesses can engage in uninterrupted production.
Tan Binh IP receives power from the 110/35/22KV transformer station, distributed to all businesses within the park through the internal transportation system.
Wastewater from all sources is collected and directed to a wastewater treatment plant meeting standard A specifications before being discharged into the park’s general system. With a treatment capacity of up to 2.900 m3/day and night, the wastewater treatment process ensures compliance. Waste treatment involves collection, classification, and transportation outside the industrial park to minimize environmental pollution. The exhaust system includes an air filtration system following national standards, ensuring careful filtering before release into the environment.
Tan Binh IP features an underground information cable system, providing businesses with international standard cable connections. The park is equipped with a modern postal and telecommunications network, meeting all communication needs and essential telecommunication services for businesses.
The fire protection system adheres to national standards for fire prevention and fighting. Water supply systems are strategically installed at internal traffic points and factories, ensuring a prompt response to fire and explosion accidents.
Tan Binh IP is experiencing substantial investments across various industries, including:
We will provide investment costs in Tan Binh IP below to help businesses intending to invest to prepare as carefully as possible:
|15.000.000 VND/m2/year – 22.000.000 VND/m2/year, about 46 USD/m2/50 years with a minimum area to rent of 500 m2 and a fixed lease term of 50 years.
|80.000 VND/m2/month – 90.000 VND/m2/month, about 3,74 USD/m2/month with a minimum factory scale of 1.000 m2.
|· Building up to 3 floors: 14.700 VND/m2/year, about 0,61 VND/m2/year·
Construction from 3 to 5 floors: 21.000 VND/m2/year, about 0,87 VND/m2/year
|Clean water fee
|8.200 VND/m3, about 0,35 USD/m3
|Cost of wastewater treatment
|Depends on wastewater treatment standards:
|100 – 3.500 USD/person/month
Since its inception, Tan Binh IP has attracted 64 significant projects, both domestic and international. Among these, 52 projects received investment licenses, including 22 domestic projects (with a total investment of 1.613 billion VND) and 30 foreign projects (with a total investment of 133 million USD). In 2019 alone, the industrial park leased nearly 13 hectares, surpassing 29% of the plan. The revenue reached 475 billion VND, exceeding 40% of the plan, and the profit amounted to 221 billion VND, surpassing 220% of the plan.
The robust development of Tan Binh IP has led to the creation of jobs for nearly 8.000 workers from both the city and neighboring provinces. Labor costs vary, ranging from 100 to 3.500 USD per person per month, depending on the capacity and qualifications of each worker. The competitive rental prices, coupled with various preferential investment policies, make Tan Binh IP an attractive destination for businesses looking to invest and further strengthen their presence.
To accelerate the growth of businesses within Tan Binh IP, the focus remains on continual investment in modern facilities and synchronized infrastructure to best meet the needs of these businesses.
This detailed information about Tan Binh IP, provided by TTTFIC, aims to inform and attract investors. With its highly favorable geographical location, modern infrastructure, and numerous investment incentives, Tan Binh IP stands as an appealing destination, making a substantial contribution to the country’s GDP.
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