Germany's Framas Group has just rented a 20,000-square-meter ready-built factory in KTG Industrial Nhon Trach 2 (Dong Nai). This enterprise (DN) specializes in manufacturing high-quality plastic parts with customers being Nike, Adidas...
Mr. Fabian Urban, director of footwear technology at Framas Vietnam, said that the reason for choosing Vietnam to open a factory is that the facilities are superior to other locations.
Capital flow is still positive
According to Mr. Nguyen Thanh Thanh - Head of the Economic Zone Authority of Long An Province, thanks to the promotion and investment attraction taking place throughout and without interruption during stressful times of epidemic in 2021, from the beginning of 2022 Up to now, the process of investing in industrial land in Long An province has prospered.
"From the beginning of the year until now, there has been 230 million USD of FDI investment, including new registration and adjustment of capital into industrial zones. And domestic investment has reached over 7,000 billion. In which there are many big projects such as: Coca-Cola's investment in a factory with a total capital of more than 136 million USD in Phu An Thanh Industrial Park, Ben Luc District, Long An", Mr. Thanh added.
Savills Vietnam also said that a number of large US and European companies are looking for opportunities to enter the Vietnamese market, especially the industrial real estate market currently has many data center and logistics projects with high resources. High-quality investment is pouring into Vietnam.
Doan Duy Hung, general director of the Vietnam Industrial Real Estate Portal (iipvietnam.com), also confirmed that since the beginning of the year, FDI investment has increased sharply compared to the end of 2021.
Accelerated licensing of the day
Many localities have improved investment and licensing procedures very quickly. As in Long An province, many enterprises have received investment certificates... within the same day. Even Coca-Cola invested in early January 2022, Mr. Nguyen Thanh Thanh said the investment certificate was signed only 4 hours after the enterprise submitted the application.
"Based on the opinion of the provincial leaders, the Industrial Park Management Board focused on reviewing documents and procedures as much as possible. Once they have completed all the documents, we will quickly resolve them. Speed is also one of the goals that we pursue to create a new image in attracting investment of Long An in the future," said Mr. Thanh.
Graphics: TAN DAT
Strongly develop the factory for rent
John Capbell - Savills' head of industrial services - said that there is a change in the market as tenants are looking for ready-made factories with large area instead of building their own.
According to Mr. Pham Truong Son, head of the Management Board of Da Nang Hi-Tech Park and Industrial Parks, to shorten the project implementation time, many investors choose to rent ready-built factories. In this local high-tech park, there are now a number of investors in large-scale and modern factory projects for rent such as the factory project of Long Hau Joint Stock Company, with a scale of nearly 30 hectares and a total investment capital of nearly 30 hectares. Investment of more than 1,000 billion VND has been completed and handed over to 2 Japanese enterprises.
Mr. Doan Duy Hung commented that new generation industrial zones and clusters (investing with more features of logistics, warehouses, factories, especially service urban areas...) are increasing the attractiveness of homes. invest. Many industrial park investors have paid much attention to service issues to attract customers.
Mr. Matthew Powell, director of Savills Hanoi, said that the industrial real estate industry in Vietnam is attractive to FDI enterprises because land prices are still relatively reasonable, there are many reputable developers and legal policies are suitable. combined with other factors such as labor, traffic, convenient import and export connections...
Although administrative procedures still have certain limitations, although there have been many improvements. "In general, there are many factors that pull investors to the Vietnamese market, instead of other places like China, India or Thailand," said Matthew Powell optimistically.
Urging to have more industrial zones
Currently, there are concerns in many places that the demand for industrial land will increase, and the cost to own a space will increase. Many localities are promoting industrial zones.
Mr. Vo Quoc Hung, deputy head of the Management Board of Export Processing Zones and Can Tho Industrial Parks, said that the attraction of investment in industrial zones has recently been more prosperous, especially when there is a resolution 45 piloting a number of mechanisms and policies. specific book on development of Can Tho city.
Specifically, Vinh Thanh Industrial Park (Vinh Thanh District) with an area of 900 hectares has an investor as the Vietnam - Singapore Industrial Park Co., Ltd. The project is currently being consulted by ministries and branches to complete and submit to the Prime Minister for approval. As for the O Mon industrial park project (O Mon district) with an area of 500 hectares, it is undergoing procedures to submit to the City People's Committee to call for investment.
According to Mr. Nguyen Thanh Thanh, head of the Economic Zone Authority of Long An province, Long An continues to invest in the quality of industrial park infrastructure, improve the occupancy rate and urge the completion of many industrial zones approved by the Government. to quickly attract investment.
3 months, over 4.4 billion USD disbursed
According to the General Statistics Office, in the first three months of 2022, the total newly registered capital, adjusted and contributed capital to buy shares and buy capital contributions from foreign investors in Vietnam reached over US$8.9 billion, equaling 87 .9% over the same period in 2021. However, realized capital of foreign investment projects is estimated at 4.42 billion USD, up 7.8% over the same period in 2021.
