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Ready-Built Factory Dominate the Industrial Real Estate Market
16/12/2024
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Ready-Built Factories: A Bright Spot in Vietnam’s Industrial Real Estate Market
Vietnam’s ready-built factory sector is gaining momentum due to strong FDI inflows and the global supply chain shift. With advantages in sustainable development and strategic positioning, this segment is expected to continue leading industrial growth in Vietnam.
Rising Demand for Ready-Built Factories Driven by FDI
The surge in foreign direct investment (FDI) is creating significant opportunities for the industrial real estate market, particularly for ready-built factories. Multi-billion-dollar investments from Korean, Singaporean, and Chinese corporations continue to flow into Vietnam, keeping industrial real estate in high demand with large-scale projects.
According to the Ministry of Planning and Investment, as of December 20, 2023, the total registered FDI in Vietnam reached nearly USD 36.61 billion, marking a 32.1% increase year-on-year. Actual disbursed capital hit USD 23.18 billion, a 3.5% rise compared to 2022. This capital inflow has driven the demand for industrial real estate, particularly ready-built factories, which dominate the market.
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Industrial Real Estate Trends: The Rise of Ready-Built Factory
According to the Ministry of Construction, industrial real estate remained a bright spot in 2023 despite overall market stagnation. The investment trend of multinational corporations in Vietnam is becoming increasingly evident, particularly in ready-built factories serving manufacturing, logistics, and e-commerce sectors.
John Campbell, Deputy Director of Industrial Services at Savills Vietnam, stated:
“Vietnam’s economy remains stable due to factors such as a young workforce, competitive labor costs, strategic geographic location, and active participation in free trade agreements. These advantages position Vietnam as a major beneficiary of the global supply chain shift to Southeast Asia.”
Furthermore, according to Cushman & Wakefield Vietnam, the ready-built factory segment is set to expand, with approximately 2.5 million m² expected to be operational by 2026. This surge will be a key driver for industrial real estate growth, benefiting from the relocation of production bases from China to Vietnam.
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HLI EcoHub Nam Ha – A LEED-Certified Ready-Built Factory Near Dong Nai
Pioneering green industrial development, HLI EcoHub Nam Ha is designed to meet the growing demand for ready-built factories. This project offers not only modern manufacturing spaces but also integrates international LEED standards, emphasizing sustainability and environmental protection.
Strategically located in Duc Linh District, Binh Thuan Province, HLI EcoHub Nam Ha offers exceptional connectivity:
- Adjacent to Dong Nai – a key economic hub in Southern Vietnam.
- Only 1.5 to 2 hours from Ho Chi Minh City, Tan Son Nhat Airport, Cat Lai Port, and Cai Mep - Thi Vai Port.
Key Advantages of HLI EcoHub Nam Ha:
- Flexible factory sizes ranging from 1,400m² to over 10,000m², accommodating diverse manufacturing needs.
- Energy-efficient and eco-friendly design, optimizing water usage and reducing CO2 emissions in compliance with LEED standards.
- Comprehensive business support services, including legal assistance, workforce supply, and logistics solutions.
- Attractive tax incentives, offering 2 years of tax exemption and a 50% reduction for the following 4 years.
A Top Choice Amidst Supply Chain Shifts
Amidst the global supply chain relocation and increasing demand for industrial real estate, HLI EcoHub Nam Ha stands out as a leading option, fully meeting the requirements of both FDI and domestic enterprises.
HLI ECOHUB NAM HA READY-BUILT FACTORY
- Location: Dong Ha Commune, Duc Linh District, Binh Thuan Province
- Hotline: 0964 582 346
- Email: contact@hoalonginvest.com
- Address: 19 Tran Quy Kien, Binh Trung Tay Ward, Thu Duc City, HCMC