Sonadezi: Developing Industrial Parks to Adapt to the New Context

“By 2025, with the changing of global trade and investment flows, in addition to efforts to enhance destination quality, Vietnam’s industrial parks need to restructure their investment attraction portfolios to develop effectively and sustainably.”

This was an opinion shared by a representative of Sonadezi Corporation ahead of the Vietnam Industrial Park Summit 2025, themed “Comprehensive Solutions and Sustainable Investment”, organized by the Institute of Construction Science and Technology under the Ministry of Construction on May 29, 2025.

Attracting FDI Projects suited to the new situation

According to Sonadezi’s leadership, there are currently two major issues that are both challenges and opportunities, serving as a driving force for industrial parks to transform and pivot their development strategies. First, our country is striving to shift from low-cost manufacturing to high-tech growth, repositioning Vietnam’s role in the global supply chain. However, competition among countries to attract FDI—especially in the electronics and semiconductor sectors—is extremely fierce. Second, the context of trade wars and sudden changes in U.S. tariff policies may slow the flow of new FDI in the short term.

This is the time when industrial real estate enterprises need to comprehensively restructure their industrial park investments, diversify customer groups to adapt to the new context, and maintain their role as a bright spot in attracting FDI, contributing to the double-digit growth targets of localities and 8% growth nationwide.

With a current vacant land fund approximately 1,000 hectares, Sonadezi is promoting selective project investment attraction. In the photo: Chau Duc Industrial Park

With a current vacant land fund approximately 1,000 hectares, Sonadezi is promoting selective project investment attraction. In the photo: Chau Duc Industrial Park

Sonadezi Corporation stated that with around 1,000 hectares of vacant land remaining across its industrial parks in Dong Nai, Ba Ria – Vung Tau, and Binh Thuan, the corporation will selectively attract projects that align with the new context. Priority will be given to investors in high-value chains such as technology, electronics, data centers, and those targeting diverse export markets with safe, transparent supply chains.

Otherwise, Sonadezi is also enhancing capital attraction from domestic enterprises while conducting research and developing suitable products. It is also participating in policy advocacy to create favorable conditions for private businesses to access land for production, logistics within industrial parks and clusters, and appropriately sized and cost-effective rental factories, contributing to private economic development. Currently, Sonadezi’s industrial parks have attracted around 270 domestic direct investment (DDI) projects with total registered capital of approximately VND 30,000 billion.

Expanding industrial land banks in multiple localities

The Sonadezi system currently provides industrial land and a diverse ecosystem for about 1,000 investors. Among them are many large FDI clients such as: Bosch, Aqua, Meggitt, Hans Vina, 3M, Kenda, Olympus, Atus, Tripod, Regza, BOE… and many major Vietnamese corporations such as: Truong Hai Thaco, Thien Long, Hoa Phat…

To continue attracting high-quality, large-scale projects in the near future, especially high-tech projects, Sonadezi is developing industrial land and rental factory spaces in locations with significant advantages in connectivity to expressways, Long Thanh International Airport, seaports, and abundant, high-quality human resources.

Currently, Sonadezi is researching, proposing, and implementing investment in several new industrial parks and clusters in Dong Nai, Binh Thuan, and Khanh Hoa, with a total planned area of more than 2,300 hectares. This aims to meet land and factory rental demands from investors with a positive medium- and long-term outlook.

Go Dau Port is part of Sonadezi’s ecosystem

Go Dau Port is part of Sonadezi’s ecosystem

Sonadezi also stated that it will continue upgrading and greening existing industrial parks; building new parks in the direction of green and modern industrial parks, integrating utilities for investors, smart technical infrastructure, and in line with trends of green economy, digital economy, circular economy, and green energy. At the same time, it will promote the development of a sustainable industrial ecosystem that meets the needs of the new generation of FDI capital.

Sonadezi’s current ecosystem includes: 12 operational industrial parks, Dong Nai port system with a handling capacity of over 20 million tons of cargo per year, a clean water supply system with a total design capacity of around 870,000 cubic meters per day and night, waste and wastewater treatment services for industrial parks, and high-quality workforce training. In addition, Sonadezi’s ecosystem also integrates products and services such as construction, building materials, fuel supply; development of urban areas, social housing, golf courses, office rentals…

According to Business Forum Magazine

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