Planned to be the first intensive industrial park of Vietnam, Phu My 3 Industrial Park (Phuoc Hoa ward, Phu My town, Ba Ria - Vung Tau province) possesses a unique position adjacent to Cai Mep - Thi Vai deep-water port, suitable for attracting investment in heavy industry groups, petrochemical refining...
Considered as the first intensive industrial park in Vietnam, Phu My 3 Industrial Park owns a large land bank with an area of 1,046 hectares. This is an industrial park that attracts many companies from the United States, Japan, Korea ... participating in investment and thriving in heavy industries such as petrochemical refining, metallurgy, gas ... in accordance with local peculiarities.
In 2014, Phu My 3 Industrial Park was selected to be developed into an intensive industrial park (according to Decision No. 109/VPCP-QHQT dated 07/01/2014 of the Government Office on the selection of the location for the development of an intensive industrial park in Ba Ria - Vung Tau province).
The investor of Phu My 3 Industrial Park is Thanh Binh Phu My Joint Stock Company, established in 2007 (Pursuant to Decision No. 3565 / QD-UBND dated 22/10/2009 of the People's Committee of Ba Ria - Vung Tau province on the establishment of Phu My 3 intensive industrial park).
Mr. Kamaza Toshio, Deputy General Director of Thanh Binh Phu My Joint Stock Company (investor of Phu My 3 Industrial Park) said: "Phu My 3 Intensive Industrial Park is a key project of Ba Ria-Vung Tau Province, under the program "Economic development initiative based on the potentials and advantages of Ba Ria-Vung Tau Province - PBEG" proposed by the Japan International Cooperation Agency (JICA). As a model industrial park selected by the governments of Vietnam and Japan, Phu My 3 Intensive Industrial Park has received valuable support from a number of Government agencies."
One of the advantages of Phu My 3 Industrial Park is its proximity to Cai Mep – Thi Vai deep-water port, one of the largest maritime trade centers in the locality and region. Cai Mep - Thi Vai International Port was invested VND 12,891 billion, with loans from the Japan International Cooperation Agency (JICA) and reciprocal capital of Vietnam. The project was started in 2008, consisting of six construction and installation packages and two consulting service packages. In particular, it is important that package No. 1 to build Cai Mep container port and package No. 2 to build Thi Vai general cargo port, the throughput capacity is from 1.6 to 2 million tons/year.
With an area of 1,046ha, Phu My 3 Industrial Park is divided into 3 stages of development, focusing on infrastructure, applying technology to operate and manage the industrial park, as well as focusing on sub-projects and green areas. Leaders of Phu My 3 Industrial Park said that currently, they are using the land fund of 20% of the whole area to build housing for workers, meeting the needs of many US and Japanese companies ... are investing in industrial zones. It is expected that when completed, it will provide 10,000 accommodations for workers in factories in the industrial park.
As one of two model industrial park projects in the Cooperation and Development Agreement signed between the governments of Vietnam and Japan, Phu My 3 Industrial Park is invested in methodical infrastructure, modern facilities of international standards, meeting the requirements of Japanese investors. Key industries being invested in Phu My 3 Industrial Park include: gas, gas, oil, metallurgy ...
Transport infrastructure is one of the plus points of the locality in general and Phu My 3 Industrial Park in particular. Phuoc Hoa – Cai Mep road has a design capacity of 4 lanes. This is considered the arterial traffic route of the industrial park, supporting cargo transportation, trade, logistic development ... easy.
Ms. Nguyen Thi Thao Nhi, General Director of Thanh Binh Phu My Joint Stock Company, said that one of the factors that make up the highlight in attracting investment in Phu My 3 Industrial Park is the 1-door administrative service and the application of modern technology to operate, administer. This helps Phu My 3 Industrial Park become an attractive destination for international brands from many countries such as Japan, the United States ...
The development orientation of Phu My 3 Industrial Park is "Synchronous, modern and environmentally sustainable industrial park". Therefore, in the process of development, this industrial park is always focused on green areas, as well as ensuring sustainability. That is also how many Japanese industrial zones are aiming.
According to data from the Statistics Office of Ba Ria – Vung Tau province, in the first half of this year, the province has renewed and adjusted the investment capital of 23 projects of foreign enterprises with a total newly registered capital and an additional increase of 296.75 million USD, up 49.6% over the same period in 2021.
In which, attracting 8 new foreign investment projects with a total registered investment capital of 123.45 million USD; adjust capital increase of 15 projects with total registered investment capital increased by 173.3 million USD; approved 8 dossiers of capital contribution to buy shares with a total contributed capital of 26.78 million USD.
Up to now, there are 439 foreign investment projects with a total registered investment capital of 29,860.5 million USD, including in the Industrial Park 267 projects with a total investment of 12,203 million USD; in addition to the industrial park, 172 projects with a total registered investment capital of 17,657.5 million USD.