Industrial parks

The first plant applies biological technology with capacity of between 10,000 cubic meters and 18,000 cubic meters per day to treat industrial wastewater into clean water for daily use and production to meet the Ministry of Natural resources and Environment and the Ministry of Health’s requirements. Its capacity is twice higher than wastewater discharged from the Song Than Industrial Park. After operation, the plant will treat wastewater from the Song Than 1 and the Song Than 2 in Di An Town and neighboring areas. Deputy Director General of the Vietnam Environment Administration Hoang Van Thuc said that the government take heed to wastewater treatment in industrial parks because the government are calling for social contribution to wastewater treatment in industrial parks and handicraft villages and residential quarters. He added that the government encourages the expansion of the plant in the Song Than Industrial Park with biological technology. Former State President … [Read more...] about $4.33 million industrial wastewater plant inaugurated in Binh Duong Province

Some of the many topics discussed a the forum include the conditions developers need to attract investors, bottlenecks that need to be removed to expand supply and issues related to logistics, and supply chain operations. Further in the focus will be products and services that industrial parks should offer to meet the needs of tenants and be consistent with the government's sustainable development orientation as well as how new policies should be designed to catch the new investment wave from the global shift. All of these issues are discussed by consultants, policymakers, investors, and industrial real estate developers at the Vietnam Industrial Property Forum 2022. Co-organised by Vietnam Investment Review and BW Industrial JSC under the auspice of the Ministry of Planning and Investment, the forum has the theme of Smoothing the Path for Capital Inflow and will take place from 8.30 to 12.00 am on May 24. The conference will be live-streamed via the FB fanpages, … [Read more...] about Smoothing the path for capital inflow at Industrial Property Forum 2022

Lance Li, CEO of BW Industrial Development JSC What difficulties has BW Industrial Development encountered when attracting manufacturers to its campus? The leasing part is always difficult. Despite being a leading player in this market, a large proportion of our tenants, especially manufacturers, is small- and medium-sized enterprises (SMEs). The average space that they need is 3,000-5,000 square metres. If you look at our tenant profile, we have more than 200 tenants. Therefore, we actually need a very strong leasing team to work with, to serve the different requirements of these tenants – from choosing the right locations to other demands such as facilities, dealing with local authorities and skilled labour recruitment as well. Do you have any incentives for SMEs and what are the advantages for them? For each individual industrial zone, they may have some incentive policies. In the very early stage, we will introduce that policy to our tenants, depending on each … [Read more...] about BW Industrial setting the market standard

Germany-invested Framas Group has rented a 20,000-square-metre ready-built factory in KTG Industrial Nhon Trach 2, in the southern province of Dong Nai. Framas Group specialises in manufacturing high-quality plastic parts with customers including Nike and Adidas. 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. “The establishment of this new factory is part of the group’s wider strategy to develop the footwear sector in the Vietnamese market,” said Urban. Meanwhile, Danish jewellery brand Pandora on May 12 signed an MoU to build a new jewellery crafting facility in Vietnam-Singapore Industrial Park III (VSIP) in the southern province of Binh Duong, 40km north of Ho Chi Minh City. According to Jeerasage Puranasamriddhi, chief supply officer at Pandora Production Co., Ltd., the new factory will be the company’s third manufacturing site and its first … [Read more...] about Key localities stepping up industrial real estate moves

More than 300 participants took place in the Vietnam Industrial Property Forum 2022 Deputy minister of Planning and Investment Tran Duy Dong at the forum Deputy minister of Planning and Investment Tran Duy Dong Vietnam has been preparing the necessary conditions to receive a new wave of investment. The nation has put itself in a strong position to become an important global production base by continuing to perfect its institutions and policies and giving priority to projects that use modern and environmentally friendly technologies. Industrial parks and economic zones have improved their infrastructure to reach international standards. Pilot studies on a number of industry-specialised clusters have been implemented to formulate production and supply networks, allowing them to participate more in global value chains. Since 2015, the Ministry of Planning and Investment has coordinated with the United Nations Industrial Development Organization and a number of … [Read more...] about Smoothing The Path For Capital Inflows

Finance Minister of Singapore Lawrence Wong (Source: MCI/VNA) Jakarta – Indonesia and Singapore plan to build an international container port in Kendal industrial park - a joint venture between the two countries - in Central Java of Indonesia, Singapore's Finance Minister Lawrence Wong has said. He made the suggestion during a visit to the park, as part of his four-day working trip to Indonesia. Feasibility studies on potential sites for a port had been done by companies in Singapore and Indonesia, and a proposal has been made to the central government in Jakarta, Wong said at a joint press conference with Kendal Regent Dico Ganinduto. The minister noted that with the growth of manufacturing activities in the province, companies would want to increase not only consumption within Indonesia but also exports to other countries. Logistics and transportation costs are a factor in driving competitiveness, so they do see the need for a port, he said. Meanwhile, Dico said the … [Read more...] about Singapore, Indonesia to jointly develop port in Central Java