Since the first industrial park in the Province was established in 1996 (Dong Xuyen Industrial Park), up to now, the whole province has 15 Industrial Parks with a total area of 8,802 ha.

Established 3 to 5 years later than other Industrial Parks in the region, However if considering the scale criteria, BR-VT belongs to the group of leading localities in the whole country about Industrial Park development.

One corner of Dat Do Industrial Park 1, Dat Do District

Synchronous infrastructure, modern

These days, Phu My 3 Specialized Industrial Park (Phu My Town) is quickly completing the infrastructure of phase 1 according to the approved plan.

Ms. Nguyen Thi Thao Nhi, General Director of Thanh Binh Phu My Joint Stock Company, the investor of Phu My 3 Specialized Industrial Park, said that Phu My 3 Intensive Industrial Park is one of two model Industrial Park projects of the whole country, in cooperate agreement and development was signed between Vietnam and Japan in November 2011.

The project is also part of the "Local Economic Development Initiative Program" of Japan International Cooperation Agency - JICA and the BR-VT provincial authorities supported to develop it into a model Industrial Park.

Up to now, Phase 1 of Phu My 3 Specialized Industrial Park has reached the occupancy rate of 54%, with 19 projects licensed to invest on a total area of 150 ha.

“At present, Phu My 3 Specialized Industrial Park has completed and put into use high-class internal road system, wastewater treatment factory with capacity of 9,000m3 / day and night, with the first class A wastewater treatment standard in BR-VT province.”

Modern underground electricity system ensures the power supply stable and constantly. The clean fuel supply system is a gas with the goal of protecting the air environment, up to the fence of customers' factories, greenery system ... ”, Ms. Nguyen Thi Thao Nhi more informed.

With the goal of building Industrial Park with synchronous infrastructure and modern; from 2019, Phu My 3 Specialized Industrial Park has completed and put into operation the BIDV transaction office; Conference Office, One-stop Office to support and accompany with customers throughout the process of investing, building and operating the project. Also is a bridge between investors and local authorities, ensuring smooth production processes and simple administrative procedures.

The mechanism "one door – in place", the non-tariff area and utility centers in the Specialized Industrial Park have met the demand of "soft infrastructure" for investors.

Not only has Phu My 3 Specialized Industrial Park, at present, most of the Industrial Parks in the province are invested in infrastructure, while ensuring utilities to help secondary businesses meet essential conditions to produce the business.

In Industrial Parks, there are not only factories, but also services for life and production services to serve factories and enterprises.

With these Industrial Parks, the acreage rate of production workshops will be reduced, but the ratio of trees, trade, services, life, even houses, entertainment areas will be increased.

Producing electronic cable components at Dongjin Company (Dat Do 1 Industrial Park)

Superior competitive advantage

According to experts' assessment, BR-VT has great advantages for developing Industrial Parks thanks to its strategic geographical location and especially convenient transport connections. Especially in the area of Cai Mep - Thi Vai deep-water port system.

Most of Industrial Parks established which located adjacent to the major rivers, It is convenient to transport goods by waterway such as Dong Xuyen Industrial Park (Vung Tau City) located close to the Dinh River, which is suitable for the development of a port system from 10,000 tons or less.

The remaining Industrial Parks are located in Phu My town, next to the Thi Vai - Cai Mep river system has capable of welcom the ships with a tonnage up to 200,000 tons.

The arrangement and planning adjacent to the port system has given Industrial Parks a great advantage in developing heavy industry.

Since, many projects have production scale and large investment that chose to invest in Ba Ria – Vung Tau’s Industrial Parks to benefit from the port system to reduce transportation costs, upgrade the competitiveness in business production.

Mr. Kim Hyeung Jun, Director of Construction Department of Hyosung Vina Chemistry Co., Ltd, Cai Mep Industrial Park said : “One of the criteria for the company to choose to invest in Ba Ria – Vung Tau because it is considered as a place where all of the factors to attract investment in industry and labor force are abundant, good infrastructure, modern seaport system, convenient for the import and export of goods and materials, dynamic and convenient investment environment. These are quite attractive factors for investors including Hyosung. ”

According to investors, one of the advantages of Ba Ria – Vung Tau province is that the price ground is also very competitive. Information from the Management Board of Industrial Parks informed that the currently rental land in My Xuan A2 Industrial Park is 120 USD/m2; Phu My 1 and 2 Industrial Parks are 75 USD/m2; Phu My 3 Specialized Industrial Park is 150 USD/m2; Dat Do 1 Industrial Park is 55 USD/m2; Sonadezi Chau Duc Industrial Park 51 USD/m2; Cai Mep Industrial Park 80 USD/m2.

Meanwhile, in other localities, the price of rental land in provinces such as Dong Nai, the price of rental land is from 40-160 USD /m2/ 40-50 year rental period; Binh Duong 53-80 USD / m2 / rental period 37-39 years); Long An from 38-220 USD / m2 / 44-48 year rental period) ...

Up to now, the total leased land area in Industrial Parks is 2,677 ha, reaching the occupancy rate of 71.29% (calculated on the number of industrial parks with infrastructure construction).
The Industrial Parks in BR-VT were built in the direction of sustainable development; Attracting many high-tech projects, without the potential of causing environmental pollution.
The proportion of industrial production value generated from industrial parks accounts for 80% of the province's industrial production value (except oil and gas); creating jobs for about 65,000 laborers; positively impacting the formation of Phu My new urban area today and other new urban areas in the future.

Infrastructure of Phu My 3 SIP, Phu My town is invested synchronously

In the photo: A corner of Phu My Specialized Industrial Park 3.

Specially, in order to promote the effectiveness of Industrial Parks, to create favorable conditions for businesses to develop production and business, commodity circulation; The province has taken advantage of capital sources to promote investment in building transport infrastructure in the province.

Accordingly, the arterial roads connecting seaport and Industrial Parks were formed as 991B, Phuoc Hoa - Cai Mep, Long Son - Cai Mep ...

Mr. Nguyen Van Trinh, Director of the Transport Project Management Board, Cai Mep - Thi Vai port area mentioned on traffic routes are clear which will help increase the capacity of Cai Mep - Thi Vai port cluster, creating a connection between BR-VT and Western and South-Eastern provinces, contributing to eliminating traffic congestion on Highway 51, create incentives for investors to pour capital to complete the system of ports and industrial parks, gradually shaping logistics centers of the whole country and Southeast Asia for Ba Ria – Vung Tau, bringing the economy of Ba Ria – Vung Tau and services to accelerate strongly.

Source: Vietnambiz.net