On November 22, 2022, at the Ceremony to summarize 25 years of construction and development of industrial parks in the province, Long An province awarded the Prime Minister's Decision approving the investment policy for 04 industrial park projects and investment registration certificates for many other projects.
On the afternoon of November 11, in Phu Bai ward, Huong Thuy town, the People's Committee of Thua Thien Hue province and Gilimex Industrial Park Joint Stock Company held a groundbreaking ceremony for Gilimex industrial park in Thua Thien Hue. The industrial park has a scale of more than 460 hectares, with a total investment of more than 2,600 billion VND. When put into operation, the industrial park is expected to attract 20,000 - 30,000 workers.
In Bac Ninh province, Viglacera has been developing five Industrial Parks, including Tien Son Industrial Park, Yen Phong I Industrial Park, Extended Yen Phong Industrial Park, Yen Phong 2C Industrial Park, and Thuan Thanh 1 Industrial Park. With a scale of about 250 hectares, Thuan Thanh 1 Industrial Park is one of many options to meet the specific needs and investment purposes of investors in Bac Ninh province.
According to the Ministry of Planning and Investment, by the end of August 2022, the total foreign direct investment capital registered for new, adjusted and contributed capital to buy shares of foreign investors in Vietnam is estimated at nearly $16.8 billion.
In the last 6 months of 2022, the industrial real estate in Vietnam is aiming for sustainable development and has a positive outlook. Hereinafter, ATIM LAW FIRM will summarize some promising news regarding industrial real estate market in this post.
With a total area of 1,070 hectares, Son My I Industrial Zone is not only one of the large-scale industrial zones in Vietnam but also oriented to be the first smart and environmentally friendly industrial zone in Binh Thuan as well as the South Central Coast.
The profit overview of industrial real estate in the second quarter of 2022 shows the differentiate between enterprises with industrial zones having available land for lease and enterprises having filled industrial zones or expansion projects.
In the first half of 2022, nine new industrial zones with a total area of 2,472 hectares were established. The total investment capital of the projects is VND 29,411 billion and is expected to come into operation at the end of 2023 to 2025.
Experts and real estate market research organizations have indicated that industrial real estate still has a number of potentials in the future, especially in attracting foreign investment into industrial parks in Vietnam.
The Center for Analysis and Investment Advice expects that net profit of Industrial Park infrastructure investment enterprises (listed on the stock exchange) is expected to grow by about 18% over the same period.
In the first six months of 2022, the industrial real estate market in Vietnam recorded many positive signs in terms of land rent, occupancy rate and ready-built factory supply. Hereinafter, ATIM LAW FIRM will summarize some outstanding news regarding industrial real estate market in this post.