Huge opportunities from FDI inflows into Vietnam and investors’ need to expand and set up new factories are driving the development of industrial factories for lease.
Sonadezi Long Binh – that manages and exploits more than 860 ha of industrial land in Bien Hoa 2, Go Dau, Xuan Loc, Thanh Phu and Chau Duc industrial parks is also restructuring its portfolio of products to meet investment demand in the new period. Accordingly, while offering industrial land for lease, Sonadezi Long Binh will allocate part of its land bank in Thanh Phu Industrial Park (Vinh Cuu, Dong Nai) and Chau Duc Industrial Park (Ba Ria – Vung Tau) for development of factories for lease.
Two-story factories in Thanh Phu Industrial Park
In the immediate future, in Thanh Phu Industrial Park, Sonadezi Long Binh is accelerating the construction of a factory cluster covering a scale of about 12,600 m2. Each factory consists of a main two-story workshop, office space and complete ancillary works.
In Chau Duc Industrial Park, with a land bank of more than 10 ha, Sonadezi Long Binh is also developing industrial factories for lease that come with different scale and functions and that can be ready-built or custom-made.
Diverse and flexible factories in Chau Duc Industrial Park
As noted by Sonadezi Long Binh, deployment timing and cost are important factors taken into account in investment decisions of FDI enterprises. For new projects in Vietnam, the use of ready-built factories that come with necessary services is a more cost- and time-effective option than investing in factory construction.
Also, ready-built factories that come with a solid and modern structural design, offer multiple and flexible uses and deliver cost savings for customers and environmental friendliness will be attractive to investors. Sonadezi Long Binh’s ready-built factories in Bien Hoa 2 Industrial Park and Thanh Phu Industrial Park meet these criteria and have been leased out quickly.
It is expected that the industrial parks market in Vietnam will grow strongly in the years to come. Ready-built factories and warehouses will soon win the market due to presence of enabling factors. Specifically, supply chain diversification and relocation of production into Vietnam among FDI enterprises, coupled with strong e-commerce development and a need to expand storage and logistics space, will promote the growth of the factory market.
In this context, Sonadezi Long Binh believes that the market demand will grow for high-rise factories and ready-built factories integrating Industry 4.0 services and technologies, especially in areas where industrial land bank is downsizing, such as Bien Hoa, and some neighboring localities. Therefore, Sonadezi Long Binh has actively diversified and upgraded its product quality to match market trends and meet customers’ needs.
