My Xuan A2 Industrial Park in Ba Ria Vung Tau Province

Key Information About My Xuan A2 Industrial Park

• Strategic location with convenient transportation connections
• Modern infrastructure that meets production needs
• Attractive investment incentives
• Main production sectors: food processing industry, mechanical manufacturing
• An important industrial center in Ba Ria Vung Tau Province

Geographic Location of My Xuan A2 Industrial Park

My Xuan A2 Industrial Park is situated in the eastern part of Ba Ria Vung Tau Province. This strategic location is essential for the local area’s development, being close to important transportation routes such as National Highway 51, National Highway 55, and nearby ports.

Consequently, the industrial park has advantages in transport connectivity and economic exchange.

Convenient Transportation Connections

My Xuan A2 Industrial Park has a strategic position that easily connects to the economic, commercial, and port centers of the province. Businesses located here can easily transport goods and access markets both domestically and internationally.

Economic Development Potential

The advantages of geographic location and transport connectivity give My Xuan A2 Industrial Park high development potential. It is an attractive destination for investors both locally and abroad. This area contributes to boosting the local economic growth.

The excellent geographic location and convenient transportation network are significant advantages for My Xuan A2 Industrial Park, laying a solid foundation for future economic development.

Bà Rịa Vũng Tàu

History of Establishment and Development

My Xuan A2 Industrial Park was established in 2006. Since then, it has undergone continuous development and has become a bright spot for industrial development in Ba Ria Vung Tau Province. Through its establishment and ongoing upgrades, this industrial park has attracted many investment projects, contributing to local economic growth.

Through this continuous development process, My Xuan A2 Industrial Park has asserted its role and position, becoming a key player in the industrial landscape of Ba Ria Vung Tau Province.

Main Production Sectors

My Xuan A2 Industrial Park is a vital industrial and economic hub in Ba Ria – Vung Tau Province, having attracted many investment projects in production sectors such as food processing and mechanical manufacturing.

Food Processing Industry

In the food processing sector, My Xuan A2 Industrial Park has attracted numerous investors. Factories producing frozen food, seafood, and agricultural products have gained prominence, establishing brands and reputations.

Mechanical Manufacturing Industry

The mechanical manufacturing sector is also very significant in My Xuan A2 Industrial Park. Factories producing automobiles and components generate substantial income and contribute to regional development.

With its diverse manufacturing sectors, My Xuan A2 Industrial Park attracts numerous domestic and international investors, further driving local economic development.

Overview of My Xuan A2 Industrial Park in Ba Ria Vung Tau Province

My Xuan A2 Industrial Park is a large and significant industrial park located in Ba Ria Vung Tau Province. It is part of the southern key economic region, benefiting from its location, modern infrastructure, and diverse sectors.

Established in the 1990s, it has experienced strong growth over the years. Today, it is an important industrial production center for the province, attracting investments from both domestic and international sources in heavy industry, light industry, and consumer goods production.

Notable Advantages of My Xuan A2 Industrial Park

• Favorable geographic location close to major transportation routes.
• Modern technical infrastructure that meets production requirements.
• A stable investment environment with numerous incentives and support policies.
• An abundant labor supply that meets investor demands.
• Active support from local authorities.

My Xuan A2 Industrial Park stands out as a key player in attracting investment and industrial development in the province.

Investment and Business Environment in the Industrial Park

My Xuan A2 Industrial Park in Ba Ria – Vung Tau Province is an attractive place for investors. Its strategic location, modern infrastructure, and government incentives make this area appealing to many businesses, making it an ideal destination for both domestic and international companies.

Attractive Investment Incentives

My Xuan A2 Industrial Park offers numerous incentives for investment. These incentives include:

• Tax incentives, including corporate income tax and import tax exemptions.
• Competitive modern infrastructure pricing and business support services.
• Quick and transparent licensing procedures.

These policies create an attractive investment environment, encouraging many domestic and foreign companies to invest in the park.

Modern Infrastructure Meeting Investor Needs

My Xuan A2 Industrial Park has been built with modern infrastructure that meets investor needs. The infrastructure system includes:

1. Convenient transportation systems connecting to economic centers, ports, and airports.
2. Comprehensive utilities such as electricity, water, telecommunications, and waste treatment.
3. Business support services such as banking, insurance, and logistics.

With advantages in the investment environment, attractive incentives, and modern infrastructure, My Xuan A2 Industrial Park is an ideal destination for investors.

Overview of My Xuan A2 Industrial Park in Ba Ria Vung Tau Province

My Xuan A2 Industrial Park is located in Ba Ria – Vung Tau Province and serves as a focal point for industrial investment. Covering over 336 hectares, the industrial park is systematically planned and developed.

The industrial park features synchronized and modern technical infrastructure that meets the development requirements of various industries. The investment environment is very attractive, with various incentives and support from local authorities.

My Xuan A2 Industrial Park has attracted numerous businesses, both domestic and foreign, contributing to the economic development of the province. With its existing potential and advantages, this industrial park will continue to attract investors in the future.

My Xuan A2 Industrial Park – A Highlight in Attracting Industrial Investment in Ba Ria – Vung Tau

Representative Enterprises

My Xuan A2 Industrial Park has attracted many prominent companies. The food processing and mechanical manufacturing sectors are flourishing, with major corporations such as Nestlé, Vinamilk, Denso, and Rico choosing this location.

Nestlé, a leading corporation, has expanded its production at My Xuan A2 Industrial Park, focusing on milk and coffee production. Vinamilk, Vietnam’s largest dairy company, has also invested in a milk processing factory here.

Denso, a Japanese automotive parts supplier, and Rico, a leading mechanical company from Taiwan, have also chosen My Xuan A2 Industrial Park for their investments, establishing manufacturing facilities in Vietnam.

The presence of these representative enterprises contributes to the park’s development, creating job opportunities and enhancing skill levels for the local workforce.

The Role of the Industrial Park in Local Economic Development

My Xuan A2 Industrial Park plays a crucial role in the local economic development of Ba Ria – Vung Tau Province. The businesses located here not only create jobs and provide stable incomes for residents but also significantly contribute to the state budget, aiding rapid regional development.

Job Creation and Income for Residents

My Xuan A2 Industrial Park is a bright spot in Ba Ria – Vung Tau Province. The businesses operating here have created thousands of jobs with good salaries, improving residents’ living standards, stabilizing social security, and promoting socio-economic development.

Contribution to the State Budget

My Xuan A2 Industrial Park not only creates jobs but also makes significant contributions to the state budget. Businesses here pay their taxes in full, increasing local revenue, which helps the province invest in infrastructure, healthcare, education, and sustainable development.

My Xuan A2 Industrial Park is not only an important driving force for local economic development but also a key factor in improving living standards and providing employment opportunities for the residents of Ba Ria – Vung Tau Province.

Future Development Prospects

My Xuan A2 Industrial Park has a strategic location and a favorable investment environment. It is expected to grow and attract many new projects. Sectors such as production, food processing, and mechanical manufacturing are particularly promising.

The development of My Xuan A2 Industrial Park will enhance production capacity, boost exports, and elevate the province’s economic status. With modern infrastructure and attractive policies, this industrial park will draw many businesses, creating jobs and development opportunities.

My Xuan A2 Industrial Park will continue to be a driving force for industrial and economic growth, further enhancing the development of Ba Ria – Vung Tau Province in the future.

The growth of My Xuan A2 Industrial Park will contribute to strengthening production capacity, promoting exports, and enhancing the economic status of Ba Ria – Vung Tau Province.

Conclusion

My Xuan A2 Industrial Park in Ba Ria Vung Tau Province is experiencing strong development. It is a modern and dynamic industrial center. Its strategic location, modern infrastructure, and attractive policies have drawn many investors.

This has created numerous jobs and stable incomes for the residents. This industrial park also significantly contributes to the state budget. With promising development prospects, My Xuan A2 Industrial Park is set to continue its strong growth.

My Xuan A2 Industrial Park offers an attractive investment environment, presenting many development opportunities for businesses. It exemplifies the success of the province’s investment attraction policies.

other industrial zones

• Cai Mep Industrial Park in Ba Ria – Vung Tau Province
• Chau Duc Industrial Park in Ba Ria – Vung Tau Province
• Da Bac Industrial Park in Ba Ria – Vung Tau Province
• Dat Do Industrial Park in Ba Ria – Vung Tau Province
• Dong Xuyen Industrial Park in Ba Ria – Vung Tau Province
• My Xuan A Industrial Park in Ba Ria – Vung Tau Province
• My Xuan A2 Industrial Park in Ba Ria – Vung Tau Province
• My Xuan B1 – Conac Industrial Park in Ba Ria – Vung Tau Province
• My Xuan B1 – Tien Hung Industrial Park in Ba Ria – Vung Tau Province
• Phu My 1 Industrial Park in Ba Ria – Vung Tau Province
• Phu My 3 Intensive Industrial Park in Ba Ria – Vung Tau Province
• Phu My II & Phu My II MR Industrial Park in Ba Ria – Vung Tau Province

FAQ

Where is My Xuan A2 Industrial Park located?

My Xuan A2 Industrial Park is located in the eastern part of Ba Ria Vung Tau Province, close to important transportation routes like National Highways 51, 55, and nearby ports.

What advantages does My Xuan A2 Industrial Park have?

My Xuan A2 Industrial Park has a strategic location, convenient transport connections, and high economic development potential.

How was My Xuan A2 Industrial Park established and developed?

My Xuan A2 Industrial Park was established in 2006, built on a systematic planning and investment in synchronized infrastructure. Over the years, it has continuously upgraded, expanded, and attracted numerous investment projects.

What are the main production sectors in My Xuan A2 Industrial Park?

My Xuan A2 Industrial Park has attracted many investment projects, particularly in the food processing and mechanical manufacturing sectors.

What incentives and infrastructure does My Xuan A2 Industrial Park provide for investors?

My Xuan A2 Industrial Park offers an attractive investment environment, with many tax incentives, land benefits, and business support services. The infrastructure is synchronized and modern, meeting investor needs.

What representative companies are currently operating in My Xuan A2 Industrial Park?

My Xuan A2 Industrial Park has attracted many major companies in food processing and mechanical manufacturing sectors, such as Nestlé, Vinamilk, Denso, and Rico.

What role does My Xuan A2 Industrial Park play in local economic development?

My Xuan A2 Industrial Park plays an important role in the socio-economic development of Ba Ria Vung Tau Province. Business activities create thousands of jobs and stable incomes for workers while contributing significantly to the state budget.

What are the development prospects for My Xuan A2 Industrial Park in the future?

With its advantageous location, infrastructure, and investment environment, My Xuan A2 Industrial Park is expected to attract many new investment projects, especially in manufacturing, food processing, and mechanical engineering. This development will enhance production capacity, boost exports, and elevate the province’s economic status.