My Xuan A2 Industrial Park in Ba Ria Vung Tau Province

My Xuan A2 Industrial Park is a modern and dynamic industrial park located in Ba Ria Vung Tau Province. It boasts a strategic location, synchronized infrastructure, and numerous incentives. As a result, this industrial park is attracting many investors both domestically and internationally. Spanning an area of 335 hectares, My Xuan A2 I.P serves as an important industrial center that draws investments from various major corporations.

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 I.P 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 I.P 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 I.P, laying a solid foundation for future economic development.

Bà Rịa Vũng Tàu

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.

Year Event
2006 My Xuan A2 Industrial Park was established
2010 The industrial park was expanded and infrastructure upgraded
2015 Many new investment projects were attracted to the park
2020 The industrial park became a highlight of industrial development in Ba Ria Vung Tau

Through this continuous development process, My Xuan A2 I.P 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 I.P 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 I.P 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 I.P. Factories producing automobiles and components generate substantial income and contribute to regional development.

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

Sector Description
Heavy Industry Metal production, mechanical engineering, chemicals
Light Industry Textile production, electronic components, furniture, consumer goods

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 I.P 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 I.P 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 I.P 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 I.P 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 I.P 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 I.P 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 I.P – A Highlight in Attracting Industrial Investment in Ba Ria – Vung Tau

Criterion Information
Area Over 336 hectares
Planning Systematic, with production, office, and utility service areas
Infrastructure Synchronized, modern, effectively meeting the development needs of various industries
Incentives Attractive, with support from local authorities

Representative Enterprises

My Xuan A2 I.P 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 I.P, 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 I.P 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 I.P 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 I.P 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 I.P 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 I.P 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.

Indicator Year 2022 Expected Year 2025
Total Area of the Industrial Park (ha) 335 335
Number of Operating Businesses 102 120
Workforce (people) 28,000 35,000
Revenue (billion VND) 45,000 60,000
Export Value (billion USD) 2.5 3.5

My Xuan A2 I.P 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 I.P 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 I.P is set to continue its strong growth.

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

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FAQ

Where is My Xuan A2 Industrial Park located?

My Xuan A2 I.P 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 I.P have?

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

How was My Xuan A2 I.P established and developed?

My Xuan A2 I.P 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 I.P?

My Xuan A2 I.P 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 I.P 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 I.P play in local economic development?

My Xuan A2 I.P 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 I.P in the future?

With its advantageous location, infrastructure, and investment environment, My Xuan A2 I.P 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.