Sonadezi’s story: The ejector
(Fun story in translation work) In the early years of opening to foreign investment, one of Sonadezi’s difficulties was the translation problem. The translation team of the Company was very small and had to take on several other tasks. There were some translators who were proficient in foreign languages, but before that, they hardly had […]
Sonadezi’s story: The first USD 1 million construction project
Since 1994, much efforts were in engaging investors looking for land rental, by marketing services that Sonadezi could provide to customers such as design, construction and construction of industrial and civil works; water supply, telecommunications services or investment consulting. The design and construction of works inside and outside the Company’s industrial park were then carried […]
Sonadezi’s story: “Generating USD 3/m2 in profit for the State”
In deploying Bien Hoa 2 Industrial Park, Sonadezi’s biggest difficulty was limited finance to invest in essential technical infrastructure facilities to best serve investors. At that time, local roads were aimed to support rainwater drainage also while street lights, signs and traffic signal… were almost not existing, requiring completely new development. The power supply system […]
Sonadezi’s story: “You’re fearlessly calm, aren’t you?”
In the Technical and Economic Justification Report for Bien Hoa 2 Industrial Park, it was proposed that a 2×63 MVA substation be installed near the main transformer station of Vietnam Electricity located right in this industrial park. This proposal was agreeable with Power Company II in Ho Chi Minh City in principle. However, due to […]
Sonadezi’s story: “A stranger” at Ministry of Industry
At the end of 1992, the first Taiwanese enterprises in Dong Nai looking for investment opportunities surveyed a land area for a new industrial park that was close to the highway connecting Ho Chi Minh City with Bien Hoa. With business acumen and experience of industrial development for more than two decades in Taiwan, these […]
Sonadezi’s story: “Stay if you’re not done”
Sonadezi’s first FDI project to attract investment in Bien Hoa 1 Industrial Park was to establish Fashion Garments, a ready-to-wear company of Comtextile (HK) Limited (Hong Kong). The project site was an old warehouse, about 5,000 m2 previously managed by Sovi Bien Hoa Packaging Company. After negotiations, Comtextile (HK) Limited acquired this site from Sovi. […]