Thanh Binh Phu My JSC: Investor of Big Projects

Set up in April 2007, Thanh Binh Phu My Joint Stock Company specialises in project investment, mining, site clearance, civil and industrial production, etc. The company has quickly attested its reputation after investing in many large-scaled projects in Ho Chi Minh City and Ba Ria – Vung Tau province.

Remarkably, in December 2007, the company was entrusted by the Ba Ria – Vung Tau People’s Committee to invest, develop and operate Phu My III Industrial Park.

Phu My III Industrial Park is located in Phuoc Hoa commune, Tan Thanh district, Ba Ria – Vung Tau province. The 942 ha park required a total investment capital of over VND5,400 billion, or US$300 million. This industrial park is located near large urban zones along the National Road 51. Apart from favourable overland traffic, the industrial park also links with seaport and inland depot clearance systems. Moreover, in the near future, the project also connects with inter-port and national railway systems.

Phu My III Industrial Park has a complete infrastructure system in addition to supporting services like banking, post, customs, tax and housing. Remarkably, with attractive investment incentive policies, Phu My III Industrial Park will be the top choice for domestic and international investors to do business.

At present, Thanh Binh Phu My Joint Stock Company is preparing to carry out such projects as an 11 ha housing complex for workers, a 100 ha seafood processing complex (first phase) in Tan Hai commune, Tan Thanh district, Ba Ria – Vung Tau province. In the near future, Phu My III Industrial Park will be added 600 ha. The company will carry out many new industrial park and new urban zone projects to boost socioeconomic development in localities with its presence.

Vietnamese and global economies signalled the revival in the last half of 2009. To embrace the new wave of investment, Mr Nguyen Van Tam, General Director of the company, said: “We are stepping up the construction pace of the above projects and coordinating with relevant authorities to facilitate investors to complete the investment licensing in the quickest manner. However, Ba Ria – Vung Tau province will focus on the quality of foreign investment projects, not quantity. The province prefers projects which can promote local potential and advantages, hi-tech projects, environment-friendly projects and projects which require satellite projects.”

Posted by VBN on Nov 29 2009. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry