Lancang-Mekong Economic Zones

Economic zone details

Phu My 3 Specialized Industrial Zone

Specific Economic Zone Information Facilities One Stop Service Center

 

Name Phu My 3 Specialized Industrial Zone
Location Open in Google Map
Province Ba Ria Vung Tau
Country Vietnam
Photos  
Overview of the EZ

Phu My 3 Specialized Industrial Zone (PM3) has a strategic location 2 km from Cai Mep-Thi Vai International Deep-sea Port, combined with modern synchronous international standards infrastructure that is an ideal investment base for investors. The IZ attracts electricity, natural gas, water industries such as heavy industries, chemistry, medical equipment, pharmaceuticals, food, supporting industries. It is nearby the supply source of the following raw materials: iron, steel, petrochemical products (PP, PE), etc.
Location Advantage

Phu My 3 Specialized Industrial Zone is connected with National Highway 51 and Provincial highway 818 (Phuoc Hoa – Cai Mep) to connect with Cai Mep port which is advantageous for cargo transport by seaway, and nearby Cai Mep – Thi Vai international port and airport for international seaway and airway transport.
Website http://www.phumy3sip.com
Year of Establishment 2007
Total Area of the Zone 1,046 ha
Land Leasing Cost per Acre 160 USD/m2 (not including VAT)
Name of Developer Thanh Binh Phu My Joint Stock Company
Management Structure

Ba Ria Vung Tau Industrial Zone Authority

http://banqlkcn.baria-vungtau.gov.vn/web/guest
Incentives (Tax and Non-Tax)
  • Enterprises in Phu My 3 receive preferential corporate income tax rates:17% applicable for the first 10 years from the first year the enterprise has revenue as prescribed in the Degree No. 118/2015/ND-CP & Decree No. 218/2013/NĐ -CP of the Government
  • 2 year tax exemption and 50% tax reduction in the following 4 years after new investment projects get assessable income as prescribed in the Decree No.218/2013/NĐ-CP of the Government.
  • Exemption for importing merchandise and machinery in oil & gas industry.
  • Exemption for importing merchandise and machinery to build up fixed assets for implementing the projects.Exemption for importing equipment and machinery which are not available domestically.
  • Leasing preriod in PM3 is 70 years (from 2007-2077), significantly longer compared to the normal period of 50 years in other industrial zones.
  • Exemption of land-use-fee for up to 20 years from the date of PM3 construction completion and putting the project of PM3 into operation (from 2018).
Total Number of Investors 24
Investor Nationalities

Japanese, Vietnamese, Swiss, Korean
EZ Authority and Contact Address

Ba Ria Vung Tau Industrial Zone Authority – Address: Administrative and Politics Centre, 198 Bach Dang Street, Phuoc Trung Ward, Ba Ria City, Ba Ria – Vung Tau Province, Vietnam – Phone: (84-64) 381 6640 – Email: bqlkcn@baria-vungtau.gov.vn
Total number of companies in the Zone 20

 

Major Roads

To Ho Chi Minh City: 60km

To Vung Tau City: 35km

Internal transport: main road: 36m (4 lanes) and branch road: 16-24m (2 lanes)
Railway Network

To Phu My Train Station: 1km
Nearest Airports

To Tan Son Nhat International Airport: 65km

To Long Thanh International Airport: 30km
Any Other Transportation

To Cai Mep – Thi Vai International Port: 2km
Warehouses

Minimum land plot: 10,000 m2 - Factory: Built up area: 1,000m2
Inland Container Depot (ICD)

Phu My 3 ICD has an area of 25ha with 5 ports, will be the extension arm for Cai Mep Thi Vai Deep-sea Port.
Phu My 3 ICD provides services: transport, storage, loading and unloading, clearance of goods... contribute to shorten the time to release goods, maximize logistics costs, optimize production for businesses in PM3 SIP and surrounding area. 
Power Station Capacity

Stable power is supplied from Phu My Power Plant and Ba Ria Power Plant under the management of Electricity of Vietnam (EVN) with a total capacity of 4,100 MW.  22Kv voltage is supplied to the customer's fence by underground cable system.
Electrical Price per Unit

0.05 USD/kWh
Water Supply System

Water is provided to the customer’s fence in with a capacity of 100,000 m3/ day by underground water pipes D225-D600 of Phu My Water Supply Joint Stock Company (Wasuco), which have total capcity of 500,000 m3/day, from two sources: Ho Da Den (33.8 million m3) and Song Ray (208 million m3), located in Chau Duc District.
Water Price per Unit

0.76 USD/m3
Waste Water Treatment Location

The centralized wastewater treatment plant of Phu My 3 Specialized IZ is designed and built by Kobelco Eco-Solutions, capable of treating wastewater up to the most stringent and first column A standard in Ba Ria - Vung Tau province.
Waste Water Treatment Capacity

45,000m3/day
Internet Facility

ADSL, Fireber & Telephone line
Dormitory for Staff / Workers

With a total area of more than 100 ha of Phase 3 that includes residential, villa complex area/golf course will be a modern, full facilities living place combining entertainment for professionals, domestic and foreign workers. In particular, the 18-hole golf course will be the first Japanese-style golf course in Vietnam, surrounded by a beautiful natural landscape.
Any Other

Condensate and Liquefied petroleum gas (LPG) are supplied from the nearby Dinh Co gas processing plant and Thi Vai refrigerated LPG terminal through the pipelines crossing underneath the industrial park. Natural gas is supplied from Nam Con Son/ Bach Ho pipeline system in parallel with PM3 site.
NG & LPG are managed and distributed to customers in PM3 by Sojitz Osaka Gas Energy Company Limited by a 6-inch underground gas pipeline with maximum capacity up to 15 million m3 of gas per month.
Bank

Nearby Branches of Vietnamese banks (BIDV bank)
Post Office

Post office inside the IZ

 

Services Offered

Investment procedure

Construction procedure

Business establishment and operation procedure

Pre-investment services

  • Company setup (IPA, IRC, ERC).
  • Environmental Impact Assessment, Building Permit, Fire-fighting Permit
  • Visa, Work permit for people who have foreign nationality working in Vietnam
  • Recruitment for managers and workers
  • Logistic Service

Post-investment services

  •  Stable supply of power/water and operating wastewater treatment system during 24 hours
  • 365 days (3 days power cut off for Regular Inspection and Maintenance)
  • Latest information (announcement from government, national staff salary, counter-measure for strikes, corporate income tax,  personal income tax, etc.)
  • Social gatherings, golf competitions, etc.
  • Support guidance, consulting records for amend of current IRC, ERC and EIA, etc.
Related Forms One Stop Service Center Structure 1
One Stop Service Center Structure 2
The Industrial Zone brochure
Website http://www.phumy3sip.com
Contact Details

Phu My 3 Specialized Industrial Zone, Phuoc Hoa Ward, Phu My Town, Ba Ria-Vung Tau Province, Vietnam

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