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Ba Ria – Vung Tau: expanding 8 industrial zones ready to welcome the investment wave

With the policy of preparing the premises to welcome the wave of FDI investment to Vietnam, Ba Ria – Vung Tau province has made a decision to expand the area of ​​8 industrial parks with an additional land fund of more than 8000ha in the period. 2021 – 2030 to meet the needs of investors.
Ready to welcome investors

According to information recorded from the management board of industrial parks in the province, in the period 2016-2020, industrial parks have attracted investment capital of about $6713 billion with a total leased land area of ​​1257ha. Currently, the whole province has 15 planned industrial zones with a total land area of ​​8501 ha.
Since the beginning of the year, the province has attracted 7 investment projects in industrial parks. Among them, there are 3 domestic projects and 4 more domestic FDI projects opened.
According to the assessment, after the Covid-19 epidemic is under control, the investment wave of FDI enterprises in Ba Ria – Vung Tau market will continue to increase in the coming years.
According to Nguyen Anh Triet, head of the management board of industrial zones in Ba Ria – Vung Tau province, in order to be ready to welcome the wave of investment in the province when the epidemic is under control, local authorities have made every effort to create favorable conditions, supporting industrial parks such as: facilitating administrative procedures related to investment, preparing land fund, mobilizing people for site clearance, helping investors learn and looking for investment opportunities in the province…
In the past time, Ba Ria – Vung Tau province has focused on reviewing and adjusting the planning of industrial parks in the direction of attracting investment selectively, specifically, industry must be associated with environmental protection. Effectively use the land fund and form interconnected industrial clusters, thereby creating a source of goods and directly circulating through the Cai Mep – Thi Vai port system. In addition, industry adjustments are also made to attract maximum investment in industrial zones.
List of 8 added industrial zones of Ba Ria – Vung Tau province

  • Phu My 3 Industrial Park expanded with an area of ​​650ha
  • Xuyen Moc Industrial Park, area 1,143.16ha
  • Dat Do Industrial Park II (extension of Dat Do Industrial Park I), an area of ​​1,000ha
  • Da Bac Industrial Park (Chau Duc District) phase 2, area 300ha
  • Da Bac Industrial Park (Chau Duc District) phase 3, area 400ha
  • Phuoc Hoa Industrial Park, (Phu My Town), area 800ha
  • Cu Be Industrial Park (Chau Duc District), an area of ​​500ha
  • Xa Bang urban – industrial area (Chau Duc), area 2,290ha
    Industrial development – Phu My real estate benefits?

As a locality with 2 industrial zones / 8 industrial zones decided to expand, Phu My town will continue to be the industrial center of Ba Ria – Vung Tau in the coming years. Industrial development will bring to Phu My a new source of labor, which is a great source of demand for housing and related services.
Since the beginning of the year, Phu My land has been interested by investors and flocked to land fund hunting. Following this momentum, Phu My will become one of the focal points of investors in the south.

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