My Xuan A Industrial Park in Ba Ria Vung Tau Province

My Xuan A Industrial Park is a large and important industrial park located in Ba Ria Vung Tau Province. It is situated in Tan Thanh District. My Xuan A I.P boasts a favorable geographic location, modern infrastructure, and an attractive investment environment. As a result, it has attracted many large businesses both domestically and internationally. This article will provide detailed information about My Xuan A I.P, covering its geographic location, history of establishment and development, scale and infrastructure, main business sectors, investment environment, major investment projects, future development plans, and its contributions to local economic development.

Key Points to Remember

My Xuan A Industrial Park is one of the largest and most important industrial parks in Ba Ria Vung Tau Province.

It has a favorable geographic location, close to many major traffic routes.

The modern infrastructure effectively meets the operational needs of businesses.

It offers an attractive investment environment with numerous incentives and support policies.

It attracts many large investment projects from both domestic and foreign enterprises.

Geographic Location of My Xuan A Industrial Park

My Xuan A Industrial Park is an investment hotspot. It is located in Tan Thanh District, Ba Ria – Vung Tau Province, an area with significant logistics and transportation potential.

Easy Connection to Major Economic Centers

My Xuan A I.P is situated near major transportation routes, facilitating connections with major economic and logistics centers. Nearby highways such as National Highway 51, National Highway 55, and National Highway 56 allow for quick transportation of goods.

Due to its strategic geographic location, My Xuan A I.P attracts many investors. It appeals not only to domestic investors but also to large enterprises from abroad.

Bà Rịa Vũng Tàu

Scale and Infrastructure of the Industrial Park

My Xuan A Industrial Park is not only distinguished by its favorable geographic location but also by its scale and modern infrastructure.

Vast Area of the Industrial Park

My Xuan A I.P covers several hundred hectares, making it one of the largest industrial parks in Ba Ria – Vung Tau Province. This size provides many advantages for businesses, enabling them to expand their production and operations.

Modern Technical Infrastructure

My Xuan A I.P has been invested in with a modern technical infrastructure system. Facilities such as transportation, electricity, water supply, and telecommunications are designed to high standards, creating favorable conditions for business operations.

Index	Data
Total Area	Over 300 hectares
Industrial Land Area	Over 230 hectares
Service Land Area	Approximately 2 hectares

With its large scale and modern infrastructure, My Xuan A I.P is becoming an attractive destination for industrial investors in Ba Ria – Vung Tau Province.

Main Sectors in My Xuan A Industrial Park

My Xuan A I.P encompasses a variety of sectors, ranging from heavy industry to light industry and consumer goods production. This diversity creates a dynamic business environment that attracts investors.

Heavy Industry Sectors

My Xuan A I.P attracts many heavy industrial enterprises that produce:

Metals and metal products
Mechanical engineering and equipment manufacturing
Chemicals and chemical products

Light Industry and Consumer Goods Production

The park also attracts light industries and consumer goods manufacturing, such as:

Textile and fashion manufacturing
Electronic components and devices manufacturing
Furniture and wood products manufacturing
Household appliances and other consumer goods

The variety of sectors in My Xuan A Industrial Park draws investors, contributing to regional economic development.

Sector	Description
Heavy Industry	Metal, mechanical, and chemical production
Light Industry	Textile, electronic components, furniture, and consumer goods production

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

My Xuan A I.P is a large and significant industrial park in Ba Ria Vung Tau Province. It is located in the Southern key economic region, benefiting from its location, modern infrastructure, and diverse industries.

Established in the 1990s, it has developed robustly over time. Today, it is an important industrial production center for the province. This industrial park attracts investments from both domestic and foreign sources, with strong growth in heavy industry, light industry, and consumer goods production.

Notable Advantages of My Xuan A Industrial Park

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

My Xuan A I.P is a beacon for attracting investment and developing industry in the province.

Business and Investment Environment in the Industrial Park

My Xuan A 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. It is an ideal destination for both domestic and international companies.

Incentives and Support Policies for Investment

The authorities in Ba Ria Vung Tau Province have implemented various incentive policies aimed at attracting businesses for investment and production. These incentives include:

Tax incentives, including corporate income tax exemptions for the first few years.
Support policies for land prices and rental fees to reduce investment costs.
Assistance with infrastructure, utilities, and services to enhance production efficiency.
Facilitating administrative procedures and investment licenses.

These incentives and support policies help My Xuan A I.P attract many large businesses, making it an ideal destination for them.

Major Investment Projects in My Xuan A Industrial Park

My Xuan A Industrial Park has attracted numerous large investment projects. Corporations and businesses from both domestic and international markets have invested here. These projects contribute to the park’s development and enhance the industrial production capacity of the province.

Hyundai Corporation has built a large factory here, creating thousands of new jobs and significantly boosting the automobile industry in the province.

Corporations like Samsung and LG have also invested in the electronic components sector. These projects ensure a stable supply and promote the development of the electronics and refrigeration industry.

My Xuan A I.P has also attracted chemical and mechanical projects that enhance industrial production and create job opportunities for the local workforce.

With the increase of investment projects, My Xuan A I.P has become an important production center, contributing to the socio-economic development of the province.

Future Development Plans for the Industrial Park

My Xuan A Industrial Park has a strong position and potential. They are developing future plans aimed at expanding scale and attracting investment while ensuring sustainable and environmentally friendly growth.

Expanding Scale and Attracting A dditional Investments

The leadership of My Xuan A I.P plans to expand its area and upgrade technical infrastructure to attract more investment projects, especially in heavy and light industries, promoting local economic growth.

Sustainable and Environmentally Friendly Development

My Xuan A I.P also focuses on sustainable and environmentally friendly development. They plan to utilize renewable energy and manage waste effectively while adopting green manufacturing technologies to minimize environmental impact.

These are the plans for My Xuan A I.P, which hopes to develop robustly, expand its scale, attract more investments, and become an attractive investment destination while ensuring sustainable and environmentally friendly growth.

Contribution of the Industrial Park to Local Economic Development

My Xuan A I.P, located in Ba Ria Vung Tau Province, plays a crucial role in local economic development. With its large scale and modern technical infrastructure, this industrial park has become a bright spot in Vietnam’s industrial landscape.

The development of My Xuan A I.P creates thousands of job opportunities, helping to reduce unemployment rates and improve living standards. The park also attracts numerous investment projects, contributing to the provincial budget.

Economic Indicator	2018	2022
GDP of Ba Ria Vung Tau Province (billion VND)	120,000	160,000
Provincial Revenue (billion VND)	18,000	25,000
Jobs Created (thousand jobs)	35	50

My Xuan A Industrial Park has significantly contributed to the province’s economy, providing momentum for the region to develop into a leading industrial center.

The development of My Xuan A I.P demonstrates the determination and efforts of local authorities in promoting sustainable economic development.

Conclusion

My Xuan A Industrial Park, located in Ba Ria Vung Tau Province, is attracting many investors. Its strategic location, modern infrastructure, and favorable business environment make this industrial park significant, contributing to local industrial and economic development.

In the future, My Xuan A I.P will expand and attract more investment projects. It will develop sustainably and be environmentally friendly, creating job opportunities and helping the economy of Ba Ria Vung Tau Province grow.

My Xuan A I.P is a bright spot in the province’s industrial development, possessing significant potential and advantages, making it a leading industrial center in the region.

other industrial zones

FAQ

Where is My Xuan A Industrial Park located?

My Xuan A I.P is located in Tan Thanh District, Ba Ria Vung Tau Province. It is close to important routes like National Highway 51, 55, and 56, facilitating connections with major economic and logistics centers.

What is the scale of My Xuan A I.P?

My Xuan A I.P has a large area, reaching several hundred hectares. Its infrastructure, including roads, water supply, electricity, and telecommunications, has been modernly invested, meeting the production and business needs of enterprises.

What are the main sectors in My Xuan A I.P?

My Xuan A I.P has various main sectors, including heavy industries like metal production, mechanical engineering, and chemicals, as well as light industries like textiles, electronic components, furniture, and consumer goods.

What incentives does My Xuan A Industrial Park offer investors?

My Xuan A Industrial Park provides an attractive investment environment with tax incentives, land benefits, and support policies from local authorities.

What major investment projects has My Xuan A I.P attracted?

My Xuan A I.P has attracted many large projects, including automotive, electronic components, chemicals, and mechanical industries from both domestic and international corporations.

What are the future development plans for My Xuan A I.P?

My Xuan A I.P plans to expand its scale and infrastructure while attracting more investment projects. It will also focus on sustainable and environmentally friendly development.

How does My Xuan A I.P contribute to local economic development?

My Xuan A Industrial Park has significantly contributed to the economy of Ba Ria Vung Tau Province by creating thousands of jobs, attracting investment, and increasing GDP and budget revenues while enhancing the province’s position in Vietnam’s industrial sector.