Hai Duong Ahead In bd ty le ca cuoc keo nha cai Race For Vietnam Industrial Real Estate

07/07/2020

Numerous industrial park has cropped up throughout Hai Duong in recent years as investor whispered about a province that has bd ty le ca cuoc keo nha cai strategic geographical location, open-door policy to attract foreign investment, well- developed infrastructure… Hai Duong is said to be ahead in bd ty le ca cuoc keo nha cai race for Vietnam industrial real estate.

bd ty le ca cuoc keo nha cai Advantage when setting up businesses in Hai Duong

After tremendous success in combating Covid-19, foreign investors have considered Vietnam as asafe investment destination.

An Phat Complex

Joining bd ty le ca cuoc keo nha cai Vietnam Industrial Real Estate Forum in 2020 with bd ty le ca cuoc keo nha cai theme “Golden opportunity in bd ty le ca cuoc keo nha cai new stage” recently held in June, Ms. Tran Thi Hong Minh, Director of bd ty le ca cuoc keo nha cai Central Institute for Economic Management said that bd ty le ca cuoc keo nha cai world economic context after bd ty le ca cuoc keo nha cai Covid-19 pandemic was very uncertain. Therefore, foreign investors will be more cautious about bd ty le ca cuoc keo nha cai location options before investing and clearly expressing their desire to diversify investment locations.

According to JLL’s report, bd ty le ca cuoc keo nha cai average rental land price of industrial zone in bd ty le ca cuoc keo nha cai North reached USD 99/sqm/leasing cycle, up 6.5% over bd ty le ca cuoc keo nha cai same period last year. Meanwhile, ready-built factories have a stable monthly rent, ranging from 4 to 5 US dollars /sqm. In bd ty le ca cuoc keo nha cai South, bd ty le ca cuoc keo nha cai number of land lease requests increased, bd ty le ca cuoc keo nha cai average land price reached USD 101/sqm/leasing cycle, up 12.2% over bd ty le ca cuoc keo nha cai same period.

Also, at bd ty le ca cuoc keo nha cai event, Mr. Pham Minh Phuong, Hai Duong province’s leader, said that Vietnam’s industrial property sector is in bd ty le ca cuoc keo nha cai period of “nest clearing for eagles”. Therefore, this is an opportunity for Vietnam to prepare well to be a bright destination in attracting investment flows.

During this time, many cities and provinces near Hanoi and Ho Chi Minh city have been well-prepared before FDI enterprises planning to shift production to Vietnam.

In bd ty le ca cuoc keo nha cai North, Hanoi, Hai Phong and Quang Ninh are popularly known as bd ty le ca cuoc keo nha cai best place in bd ty le ca cuoc keo nha cai field of attracting foreign investment. However, in bd ty le ca cuoc keo nha cai past few years, Hai Duong has been establishing itself as one of bd ty le ca cuoc keo nha cai top industrial hubs in bd ty le ca cuoc keo nha cai North.

Close to Hai Phong international seaport and Cat Bi airport (Hai Phong), Noi Bai Airport (Hanoi), Hai Duong combines with Hai Phong and Quang Ninh making a key economic triangle in bd ty le ca cuoc keo nha cai east of bd ty le ca cuoc keo nha cai key economic region in bd ty le ca cuoc keo nha cai North. This is a great advantage for bd ty le ca cuoc keo nha cai development of supporting industries, shipbuilding mechanics, export industry, transportation service, coastal services such as inland ports, goods import and export logistics, etc.

Moreover, currently, there are many large multi international companies operating in neighboring provinces such as Samsung, LG, Foxconn, etc. which are considered as potential markets for supporting industries, especially bd ty le ca cuoc keo nha cai Hai Duong’s plastic industry in bd ty le ca cuoc keo nha cai upcoming period.

Regarding bd ty le ca cuoc keo nha cai labor source, Hai Duong has more than one million people at working age over bd ty le ca cuoc keo nha cai total population of nearly 1.8 million people, accounting for nearly 60% of bd ty le ca cuoc keo nha cai province’s population.

Moreover, currently some key industries in Hai Duong such as bd ty le ca cuoc keo nha cai assembling industry, automobiles, electronics … are being invested and developed strongly, so this will be a huge and diversified downstream market for bd ty le ca cuoc keo nha cai supporting industries.

Until now, Hai Duong has 12 industrial parks that have been approved for construction with a total planning area of over 2,400 hectares. In which, 10 industrial parks have been established and put into operation such as An Phat Complex while others are being urgently implemented, such as Quoc Tuan- An Binh industrial park.

Investing two industrial parks within 2 years

Appearing on bd ty le ca cuoc keo nha cai economic “map” of Hai Duong, An Phat Complex industrial park of An Phat Holdings is emerging as one of bd ty le ca cuoc keo nha cai best destinations for investors. Although An Phat Complex is a relatively new name in industrial park real estate investment since officially going into operation in late 2018, after more than one year, this industrial park has reached bd ty le ca cuoc keo nha cai Top 10 most beneficial industrial real estate businesses in 2019.

FDI enterprise at An Phat Complex

An Phat Complex is currently bd ty le ca cuoc keo nha cai production center of An Phat Holdings and has been chosen by many international investors who demand to shift manufacturing to Vietnam. Curently, An Phat Complex’s occupancy rate is 65% while bd ty le ca cuoc keo nha cai company target to rise occupancy rate to 100% by bd ty le ca cuoc keo nha cai end of 2020.

Mr. Pham Van Tuan, General Director of An Phat Complex, revealed that bd ty le ca cuoc keo nha cai operation of bd ty le ca cuoc keo nha cai industrial zone will develop in a positive direction because of bd ty le ca cuoc keo nha cai emerging trend of environmentally friendly high-tech industrial park in bd ty le ca cuoc keo nha cai world. Besides, An Phat Complex is operating one-stop service to support businesses comprehensively.

Mr. Tuan also stated that: “bd ty le ca cuoc keo nha cai biggest difference and also bd ty le ca cuoc keo nha cai advantage of An Phat Complex is that it not only focuses on leasing industrial land, but also focuses on accompanying services such as providing financial solutions, human resources, administrative procedures, customs and even logistics services ”.

At bd ty le ca cuoc keo nha cai end of 2019, An Phat Holdings announced bd ty le ca cuoc keo nha cai new Quoc Tuan – An Binh industrial park in Hai Duong which locates in Nam Sach district, adjacent to bd ty le ca cuoc keo nha cai west of Highway 37 in section Km 69.

This is considered as a wise investment of An Phat Holdings by experts, to seize business opportunities in bd ty le ca cuoc keo nha cai trend of moving production from neighboring countries to Vietnam. Especially when coronavirus outbreak still raging, Vietnam is one of bd ty le ca cuoc keo nha cai safest investment destinations to maintain bd ty le ca cuoc keo nha cai manufacturing operation.

bd ty le ca cuoc keo nha cai main target of Quoc Tuan – An Binh is to develop industrial real estate and land lease, different from An Phat Complex, which focusing on construction services and factory leasing. bd ty le ca cuoc keo nha cai first phase of Quoc Tuan – An Binh industrial park is expected to be 180 hectares and will be put into operation from bd ty le ca cuoc keo nha cai first quarter of 2021, bd ty le ca cuoc keo nha cai second phase is expected to cover 360 hectares.

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