Vietnam - Phu My 3 Specialized Industrial Park

PM3SIP is a key project of Ba Ria-Vung Tau Province, belonging to Province-based Economic Growth program of The Japan International Cooperation Agency (JICA). Phu My 3 Specialized Industrial Park (PM3SIP) has total area of 1046 ha, with a strategic location 2 km from Cai Mep - Thi Vai Deep-sea Port, combined with modern synchronous international standards infrastructure, Phu My 3 Specialized Industrial Park is an ideal investment base for investors. - Attracting industries: open to all industrial can activate the advantages of Cai Mep Deep Sea Port and abundance of Narural resources (Power, Natural Gas, water...) such as heavy industry, chemistry, medical equipment, pharmaceuticals, food, supporting industries... - Land handover time: as per investors' requirement - Near the supply source of the following raw materials: iron, steel, petrochemical (PP, PE)... - Phu My 3 Specialized Industrial Park is the only one Specialized Industrial Park in Vietnam, established by Vietnamese Government in December 2014. - 2 benefits of the Specialized Industrial Park: > Expanding land lease period of usual 50 years to 70 years. In case of PM3 SIP, the license was granted in 2007, so in reality, the land lease term is around 57 years until Dec. 20, 2077, and land lease fee become cheaper. > Land lease fee will be exempted for 20 years after Industrial Park completed construction and went into operation from 2018.