Becamex My Phuoc Industrial Park
Shaping The Integrated Industrial And Urban Model Of The Future – Ideal Destination For Investment
With Becamex’s extensive experience and reputation in the field of developing industrial infrastructure, Becamex My Phuoc IP was the first industrial park in Vietnam that applied a new construction model – a development complex.
This attracts not only industrial production activities but also services, commercial and residential activities, contributing to sustainable development and building the Northern region of Binh Duong into an integrated industrial and urban zone.
Becamex My Phuoc IP was constructed at an initial scale of 400 hectares. Currently, the IP has been expanded at increasing scales of development, specifically: Phase 2 – My Phuoc 2 IP: 800 hectares; Phase 3 – My Phuoc 3 IP: 2,280 hectares; and Phase 4 – My Phuoc 4 IP (Thoi Hoa IP): 1,000 hectares.
All are model industrial parks with complete , environmentally friendly infrastructures, creating green and clean spaces for industrial production and urban activities, with the aim of long-term and sustainable development in the North of Binh Duong.
Since its launch in 2002, Becamex My Phuoc IP has undergone nearly 20 years of development, with the inauguration of three more phases, including My Phuoc 2 IP, My Phuoc 3 IP and My Phuoc 4 IP (Thoi Hoa IP).
Becamex has 100% achieved the goals of completing modern and synchronous infrastructure, industrial coverage density and population density. This has created stable operations for the IP and contributed to the socio-economic development of Binh Duong.
Strategically located in the Southern Key Economic Quadrangle (Ho Chi Minh City, Binh Duong, Ba Ria – Vung Tau and Dong Nai), 40km from Ho Chi Minh City and 14km North of Thu Dau Mot City, Becamex My Phuoc IP has a favorable economic and geographic location with the following advantages:
- Close to seaports and international airports. About 32km from: Tan Cang port, the Cluster of Saigon port, Vietnam International Container Terminals (VICT), Phuoc Long ICD port. 42km from Tan Son Nhat international airport.
- Adjacent to National Highway 13 with 06 traffic lanes, and My Phuoc – Tan Van route connecting with National Highway 51, to take full advantage of the other seaports such as Hiep Phuoc, Cat Lai (Ho Chi Minh City), Cai Mep – Thi Vai (Ba Ria – Vung Tau) and Long Thanh international airport (Dong Nai).
- A location of 28 – 35 meters above sea level and on hard ground will help investors reduce by 30% of project construction costs.
Located at the intersection of important administrative units of Binh Duong (Thu Dau Mot City, Ben Cat Town and Bau Bang District), with the working-age population of about 1.5 million and 7,000 – 9,000 high school graduates annually, Becamex My Phuoc IP ensures favorable conditions for investors to recruit a high-quality workforce, catering to the demand for production and business activities.
My Phuoc 4 IP (Thoi Hoa IP) is particularly planned to become a service and education urban area, serving a large population in the vicinity:
- Commercial activities and services in the area are strongly promoted, such as the GO! shopping mall, a strategic cooperation between Becamex and Central Retail Vietnam, recently formalized in May 2021.
- This destination is also expected to be an innovative urban area, with a high-tech zone, knowledge-based community and high-quality education system, providing well-trained and qualified human resources to meet the needs of investors in the IPs: Vietnam – Germany International University is in the process of completion, with the capacity to serve up to 12,000 students; Campus 2 of Thu Dau Mot University will also be under construction in the near future.
- The destination will attract foreign experts to serve both education and technology production activities.
Countries and territories with high FDI capital rates in Becamex My Phuoc IP are Taiwan, China, Korea, Japan… mainly concentrated on the following fields: electrical industry, electronics, mechanical engineering, food processing, wood industry and interior decoration, garment, supporting industries…
In Becamex industrial parks, we are always available to timely support investors and ensure their smooth, efficient production and business operations. Becamex provides a diversity of support services for investors to ensure the seamless deployment of projects, including:
- Consultation services and assisting investors in preparing applications for investment certificates and business registration.
- Promoting the recruitment programs and connecting corporates with the high-quality labor forces…
To be updated…
Exemption of corporate income tax
For investors in the IP for the first 02 years
50% reduction of corporate income tax
For investors in the IP for the next 04 years
Our extensive experience in developing Integrated Industrial Parks and Townships, championing entrepreneurship and building an innovation culture is the key driver behind the industrialized transformation of Binh Duong.
If you are an investor looking for opportunities in a potential Vietnamese market, choose to accompany Becamex IDC. All the business needs that your business is looking for are ready to be met in our ecosystem.
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