As a leading industrial park infrastructure enterprise that has focused on developing factories for lease in Dong Nai since 2008, Sonadezi Long Thanh Joint Stock Company (SZL) is further investing on this for more efficient use of its industrial land and better preparation for a new wave of investment.
According to SZL, focused development of a variety of industrial factories for lease in Long Thanh Industrial Park (Dong Nai) and Chau Duc Industrial Park (Ba Ria – Vung Tau) is a strategic step to actively prepare for a new wave of production shift from China to Southeast Asian countries, including Vietnam which is seen as a safe and attractive destination. After the global shock caused by the Covid-19 pandemic, international manufacturers have begun to take specific actions to diversify their supply chains.
Sonadezi Long Thanh is further investing in development of industrial factories for lease
In order to be ready for new investment opportunities in the years to come and address requirements of smart and sustainable investments, SZL focuses on deploying factories for lease on 3 important criteria, i.e., sustainability, flexibility and multi-use, energy saving and environmental friendliness. SZL’s ready-built factories are of different categories, including single and double factories, factories with or without office space included, etc. at a scale of at least 1,500 m2.
Apart from ready-built factories, SZL will provide custom-made factory products depending on requirements on area, design, functions, functional zones, etc. to meet the needs of customers. Notably, the total land bank for SZL’s factory products is about more than 100ha. This is an important factor that helps SZL meet the diverse needs of customers who have different requirements in terms of area and space, especially those planning to invest in production chains with their satellite factories in the same location.
As noted by many investors, with industrial factories, businesses can save time and costs, actively seize business opportunities, and deploy operations immediately after being licensed. For businesses that move their production chains to Vietnam, choosing a factory for lease is a good option as they can kickstart their operations quickly and avoid delays in production, thus being able to address their customers’ and partners’ orders.
A double factory in Long Thanh Industrial Park
In addition, strategic location, convenient connections with transport systems, synchronous and modern infrastructure, reasonable rental costs and tax incentives policies are all attractive conditions for any investors to start their business at SZL’s factories in Long Thanh Industrial Park and Chau Duc Industrial Park. So far, SZL has partnered with 36 tenants with 51 factories (covering a land area of more than 23.6 ha) that have been put into operation.
It is expected that in the near future, the demand for industrial factories will grow strongly as foreign investors start implementing plans to relocate or expand their investment into Vietnam to avoid dependence on a supply chain, minimize risks and gain more control in delivery of their business strategy. In this process, Long Thanh district (Dong Nai), Ba Ria – Vung Tau will be among the attractive destinations with clear development potentials and drivers. Among others, enablers include infrastructure development of many national key projects such as Long Thanh International Airport, regional expressways, neighboring industrial parks and urban areas and deep-water ports, etc.
An industrial factory for lease by Sonadezi Long Thanh in Chau Duc Industrial Park
According to SZL, it is now time for SZL to drive its growth based on “timely opportunities” and “geographical strengths”, as long as it can leverage its “human factor” as the last building block. Therefore, in addition to developing and exploiting industrial factories for lease, SZL focuses on HR development to improve the internal talent pool and brand reputation. SZL will improve its industrial park infrastructure, product quality, and support services for industrial parks, residential areas, and surrounding areas, etc. All of these efforts will prepare SZL for new opportunities in terms of industrial park infrastructure, attracting investment as well as seizing development opportunities when Long Thanh and Ba Ria – Vung Tau are expected to grow strongly in the years to come.
With a large industrial land bank, including 488 ha in Long Thanh Industrial Park and 50 ha in Chau Duc Industrial Park, SZL has successfully attracted 112 industrial and factory land leasing projects with a total investment of nearly USD 1.2 billion. Many domestic and FDI enterprises from South Korea, Japan, USA, Australia, Taiwan, France, Denmark, Switzerland… confidently base their business at SZL’s IPs. Among others, major brands include Bosch, Olympus, Ajinomoto, Acrowel Vietnam, Samil Vina, Daewon Chemical Vina, Suheung Vietnam, KCC (Vietnam), Daemyung Chemical Vina, etc.