In Vietnam, investment attraction from domestic and foreign enterprises in industrial parks is always high. As a result, the demand for industrial land is also very large.

Besides businesses renting land to build factories, the segment of ready-built factories for rent also attracts customers. Especially in the Southern key economic area.

High demand

The factory rental market is differentiated. Well-invested, high-quality factories in industrial parks are one of the priority choices of businesses. Meanwhile, individual factories outside the industrial park are relatively quiet.

According to information from market research unit CBRE Vietnam shows that. In the first 3 quarters of the year, the Southern level 1 market has leased nearly 420.000 square meters of warehouses and 543 square meters of factories. Nearly twice as high as the same period last year. Rental prices for ready-built factories in the Southern market remain stable.

CBRE VN forecasts that in the next 3 years, industrial land rental prices are expected to increase by 3-7% per year in the South. Meanwhile, rental prices of ready-built warehouses and factories are forecast to increase by 1-4% per year. And the ready-built factory segment will have a higher price increase rate in the next 3 years.

With high demand for this market, domestic and foreign corporations and enterprises are interested in investing in ready-built factories for rent.

In addition, most of the individual factories outside the industrial park are not legally guaranteed. Built on agricultural land, wrong area, lack of infrastructure so it is difficult to attract investment. Furthermore, it is also necessary to pay attention to the regulations of the Convention on safety. Especially when it comes to fire and explosion, which are strictly controlled, this segment is gradually losing its appeal.

On the contrary, ready-built factories for rent in industrial parks ensure legal factors. Ensure compliance with land, fire prevention and environmental standards. In accordance with planning and with full industrial infrastructure. Thereby contributing to attracting the attention of businesses.

 

OSSIF – Ready-built factory for rent in Tan Kim Industrial Park. Ideal destination for business

Possessing an ideal location on the frontage of National Highway 50, in Tan Kim Industrial Park with a scale of 104.1 hectares. With diverse areas and modern infrastructure. The factory is designed to be airy and has limited columns to optimize production and storage area. Fully equipped with electrical system, automatic fire protection, fire truck, ventilation, lighting, insulation. Full drainage system and spacious parking area.

In addition, OSSIF also provides customer services such as personnel recruitment support. Support meeting room, security team, monitoring team, 24/7 on-duty staff. Businesses can quickly stabilize production without having to worry about anything else.

With strategic coordinates connecting Ho Chi Minh City and 12 provinces of the Southwest. Ossif is located next to Can Giuoc inland waterway port. And just over 23km from Long An International Port. Not only that, Ossif is also approaching a series of projects on Ring Road 3 and 4; CT Ben Luc – Long Thanh; parallel route of National Highway 50. With expanded provincial roads, Can Giuoc Bridge… Not only convenient connection, easy trade to neighboring, domestic and international markets. But also helps businesses save time. As well as the cost of transporting goods and production materials.

OSSIF will be the right choice for domestic and foreign enterprises that want to expand production, storage and business scale.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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3 new bridges connecting the main road of Ho Chi Minh City – Long An – Tien Giang with amount of investment about 4,797 billion VND. Crossing the Vam Co Dong River, Vam Co Tay River and Can Giuoc River, with the starting point on provincial road 827E.

Specifically, the Prime Minister approved investment in 3 bridges including: Can Giuoc, Vam Co Dong, and Vam Co Tay bridges. Connecting 3 provinces and cities: Ho Chi Minh City – Long An – Tien Giang with amount of investment about 4,797 billion VND. Of which, Korean ODA loan is about 4,060 billion VND, and counterpart capital is about 736 billion VND. All three bridges are expected to begin construction in 2026.

Meanwhile, the approach roads at both ends of these three bridges are separated into a separate project. Long An is currently carrying out the inventory and marking. And in January 2025, the land clearance will begin.

The total length of the project is about 11km with a scale of 4 lanes. The investment level is about 1,433 billion VND. The Provincial Traffic Project Management Board is completing the documents. It is expected that the project will be submitted to the Ministry of Transport for appraisal in November 2024. July 2025, contractor selection will be organized and construction will start in September 2025.

The cost of site clearance and access roads to the 3 bridges is about 1,607 billion VND. Currently, the project is being submitted to the People’s Committee for approval of the cost of land acquisition and clearance and access roads to 3 bridges, the cost is about 1,607 billion VND. And from January 2025, compensation payments, land clearance, and resettlement support for people will be carried out.

3 bridges contribute to forming the road connecting Ho Chi Minh City, Long An, Tien Giang

This investment contributes to connecting the International Port to the Southwestern Provinces. Strengthening the connection between the Mekong Delta provinces and Ho Chi Minh City, reducing traffic pressure on National Highway 1, National Highway 50, National Highway N2. Maximize the growing demand for transporting goods and materials in the region.

When the connecting road is completed, it will stimulate and develop Long An’s key economic industry. Such as farming, processing, exporting, building infrastructure, attracting investment capital. Promote the development of industrial parks, warehouses and factories for rent, and urban areas along the route.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. Iif you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline: 0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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Located in the Mekong Delta, adjacent to Ho Chi Minh City and has a large-scale port system. Long An identifies logistics as an important economic sector alongside industrial development.

According to economic experts, Long An has many advantages to develop logistics.

First, transport infrastructure is continuously invested in and expanded. Many key projects of regional connectivity are being implemented. Such as Tan An City Belt Road, Provincial Road 830, Provincial Road 830E, Ho Chi Minh City Belt Road 3, Ben Luc – Long Thanh Expressway…

In the coming time, the province will expand more than 50 additional roads and build 29 new provincial roads. Among these, many roads play a driving role in socio-economic development. Improve cargo transshipment capacity, connecting key areas such as parallel road QL62. And My Quy Tay – Luong Hoa – Binh Chanh dynamic axis, Tan Tap – Long Hau road…

Regarding waterways, Long An has two major rivers: Vam Co Dong and Vam Co Tay. Connecting the Eastern and Southwestern regions to the sea. In particular, the province has Long An International Port, which is gradually completing its infrastructure and service system to serve import and export for the Mekong Delta region.

According to the planning until 2030, vision 2050. Long An considers logistics an important economic sector. The province’s goal is to become a center for goods transshipment and warehousing. Connecting provinces in the Mekong Delta with Ho Chi Minh City, the Southeast region and the Cambodian market.

In which, Long An International Port Project plays an important role in industry. Contribute to reducing pressure on port clusters in Ho Chi Minh City. And it also helps businesses reduce transportation costs through convenient connections and many preferential policies.

Expert Reviews

Dr. Dinh The Hien – economic expert commented, regarding the infrastructure development plan in the coming time. Long An can completely become a locality playing an important role in the Southeast and Southwest regions. In the logistics orientation, the province plans to plan 2 inland ports in Ben Luc and Thu Thua. Along with 10 logistics centers in the districts.

According to Ms. Giang Huynh – Deputy Director of Research and S22M Department (Savills Vietnam). There are 3 reasons to believe in the development of Long An.

• First of all, the province’s geographical location is a special advantage. It is convenient for economic development, trade as well as logistics.
• Secondly, the locality has a large area (4,492 km2) and a lot of vacant land. This is a plus point of Long An market in the eyes of investors.
• Thirdly, Long An has many opportunities to develop the industrial real estate and logistics market.

Ms. Trang Bui – General Director of Cushman & Wakefield Vietnam also commented. In recent times, Long An has made great efforts to become a dynamic and effective economic development center. It is an important gateway connecting the Mekong Delta with Ho Chi Minh City and the Southeast provinces.

Besides, Long An is focusing on urban development. Investing in urban upgrading and development will create better infrastructure. Attract investors and improve quality of life for people.

According to experts, despite facing many challenges, such as in building infrastructure, creating a favorable business environment… But Long An also has many opportunities, ready to break through in the future.

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Currently, real estate segments from commercial housing to industrial real estate are showing signs of positive growth. Many new projects are being implemented, with expectations that the market will “revive” by the end of 2024.

The report shows that the Vietnamese real estate market in the third quarter of 2024 has shown a positive recovery after the difficult period. Thanks to the stability of the economy and supportive policies from the Government.

The segments: housing, commercial, industrial real estate are currently showing signs of growth with many new projects being implemented.

Mr. Le Dinh Chung – member of VARS Market Research Working Group, General Director of SGO Homes commented. Although the Vietnamese real estate market is gradually recovering from a difficult period, each segment still faces its own challenges. According to Mr. Chung, the current market is led by the apartment segment. With prices constantly increasing on both primary and secondary markets.

The market has also shown signs of “heating up”. Through land speculation, pushing up housing prices and non-transparent real estate transactions.

“Heat” of the industrial real estate segment

The industrial real estate segment continues to maintain its “heat” with a sharp increase in the number of new projects, along with increasingly abundant FDI capital.

The occupancy rate of industrial parks already in operation remains at a stable increase (about 75%). The key provinces in the North and South are 82% and 92% respectively.

However, the occupancy rate at established industrial parks is still difficult to increase rapidly due to the waiting between supply and demand. Investors only deploy infrastructure when they have tenants, while businesses only want to invest in projects that already have infrastructure.

The big challenge of this segment

The big challenge of this segment also comes from the requirement to “green” industrial parks. Aiming to achieve the high standards of investors, as well as the sustainable development orientation of the country.

The office and retail commercial real estate segment also shows long-term development potential. Due to the growing demand for scale and quality.

New shopping malls, integrating many services, continue to attract customers. Meanwhile, old office buildings and shopping malls that have not been renovated or upgraded are recording increasingly high vacancy rates. While old office buildings and shopping malls are not renovated or upgraded. According to records, the vacancy rate is increasing. Especially small townhouses in prime locations.

Based on the results recorded from the third quarter of 2024, Ms. Pham Thi Mien – Deputy Head of Market Research and Investment Promotion and Consulting Department of VARS forecasts. If factors related to legal, financial and public investment policies continue to improve, the market is likely to “heat up” in the late 2024 period.

Housing supply is expected to continue to be boosted, creating momentum to lead the market, through M&A activities.

“It is forecasted that by the end of 2024, the segments will continue to recover. Luxury apartments will continue to lead the market, villas and townhouses will become more vibrant. Clean legal land attracts investors and social housing will have more opportunities thanks to new regulations. Industrial real estate will continue to grow. And resort real estate will have the opportunity to improve thanks to condotels being granted certificates”, Ms. Mien predicted.

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FDI capital continuously flows intro industrial property. According to Cushman & Wakefield, it is estimated that from now to the next 3 years, about 6000 hectares of land in the industrial park will be launched.

Ready-built warehouse and factory market

The ready-built warehouse and factory market will have additional supply in the future. Respectively 1.4 million per square meter and 19 million per square meter. Of which, 55% of future supply is located in Dong Nai province. Industrial property market recovers thanks to new FDI inflows intro Vietnam and increased domestic consumption. It is known that the demand comes from many different industries. From traditional industries such as platics, vehicle manufacturing and animal feed to high value-added industries such as electronics and pharmaceuticals.

Ms. Trang Bui – General Director of Cushman & Wakefield commented: “It is thanks to positive market sentiment that capital into industrial land has reached 79 hectares in the first 6 months of the year. In the coming time, the prospect of a market with many bright colors for industrial property. Domestic and foreign investor and manufactures are gradually catching up with the shifting trend. When looking tho further provinces in the Central region and the Mekong Delta region thanks to competitive land prices, an active FDI attraction strategy and a constanly improving infrastructure system”.

According to data from the Foreign Investment Agency.

As of the end of July, total FDI capital in Vietnam reached 18 billion USD; up to 10.9% compared to the same period last year. It is known that 70.4% of total FDI capital is focused on the processing and manufacturing industry. Poured mainly into high-tech industries sush as electronics, semiconductors, artificial intelligence, renewable energy. The development of those sectors directly impacts industrial property. Due to the increasing demand for factories to meet infrastructure and service requirements.

Vietnam is an attractive investment destination for capital flows

According to analysis by Savills experts, Vietnam is an attractive investment destination for foreign investors. Thanks to its stable political and economic situation and competitive labor costs. In that context, industrial real estate recorded outstanding growth. Attracting many international experts and engineers to work. Creating a key customer base for this market. They often choose to rent serviced apartments managed and operated by international units to meet many requirements on service quality and capital sources.

Currently, investors’ need to diversify supply chains also helps Vietnam become a destination of many considerations. Recently, Nvidia Corporation from the United States has committed to turning Vietnam into a new technology center with a deal worth 200 million USD. Or Hana Micron from Korea and Intel are projects with a scale of up to billions of USD. Along with that, developing green industrial zones. This is a mainstream trend not only taking place in Vietnam but also globally. Therefore, more and more investors are focusing on the circular economy.

Furthermore, Vietnam also aims to achieve net zero emissions by 2050. Therefore, the demand for green industrial real estate comes not only from sustainable development in the manufacturing industry but also from government requirements.

Occupancy rate in FDI projects

According to data from the Vietnam Association of Realtors (VARS), Vietnam currently has 418 industrial parks and export processing zones with a total area of ​​nearly 1.3 million hectares. Including 371 zones outside economic zones; 39 zones in coastal economic zones and 8 zones in border economic zones.

Industrial parks and economic zones have attracted more than 10,400 domestic investment projects. And over 11,200 FDI projects are still in effect with total registered capital of over 2.54 quadrillion VND and 231 billion USD.

FDI capital in industrial parks and economic zones accounts for about 35-40% of the total registered FDI capital increase of the whole country in recent years. On average, the occupancy rate of operating industrial parks is over 75%. 82% in the key northern provinces and 92% in the key southern provinces.

Stable investment environment attracts strong FDI capital

VARS representative said that thanks to the stable political environment and preferential tax policies, Vietnam is considered an attractive destination for foreign investors. There is also strong development of infrastructure; Especially transport and logistics infrastructure. They have helped connect industrial zones and domestic and foreign consumer markets.
Along with that is the opportunity to expand export markets. And attract investment when Vietnam participates in many free trade agreements. At the same time, the shift of global supply chains, especially from China, has significantly contributed to boosting the demand for Industrial Real Estate in Vietnam.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF immediately if you are planning to rent a warehouse and ready-built factory, with reputable quality services that best suit your needs and finances. – Hotline:0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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The 2024 Industrial Property Forum attacted the participation of many representatives of state management agencies and locaties. Along with that is association of businesses, experts, domestic and foreign investors.

On July 30th, in HCM City, The 4th Vietnam Industrial Property Forum (VIPF) 2024; Organizied by Investment Newspaper under the auspices of the Ministry of Planning and Investment. Incoordination with the Vietnam Instrial Real Estate Association.

With the theme “Going Green for new investment waves”, the forum includes 2 discussion session;

• Development prospects of Vietnam’s industrial real estate market;
• And Green transformation in industrial parks, a driving force to welcome new investment waves.

At session 1: Experts and businesses focused on discussing long-term prospects. Along with growth potential, development trends of industrial parks; Attractive fields and locations for industrial real estate.

At session 2: Discussion on trends and model of green real estate development in the future; solutions, technologies, products for construction; and green transformation in industrial parks. Aiming to build green industial parks and ecological industrial parks to attract new investment projects.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF immediately if you are planning to rent a warehouse and ready-built factory, with reputable quality services that best suit your needs and finances. – Hotline:0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIF

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The industry group with increased rental demand for warehouses and ready-built factories in the South comes from high-tech companies, renewable energy and e-commerce.

According to CBRE Vietnam’s real estate market report for the first 6 months of the year, positive development in the industrial park real estate market continue to be recorded.

Notably, the demand for renting warehouses and ready-built factories from manufacturers in the North and the South increased in the first half of this year.

Demand for renting warehouses and ready-built factories is increasing

For the warehouses and ready-built factories market in the North, in the first half of 2024, there will be more than 225,000m2 of ready-built factories completed in level 1 markets (Hanoi, Hai Phong, Bac Ninh, Hung Yen, Hai Duong). Of which, warehouses and ready-built factories area accounts for 95%.

The absorption area of the ready-built factories is also outstanding and is more than four times higher than the absorption area of the warehouses.

By the end of the second quarter of 2024

The occupancy rate of ready-built factories reached 89%, while warehouses in the Northern region maintained an occupancy threshold of 79%.

The rental price for ready-built factories reached 4.9 USD/m2/month, up 2% over the previous year, and ready-built warehouses reached 4.6 USD/m2/month, down 1% year-on -year.

Groups of companies in the electronics, semiconductor, furniture, and logistics industries are the tenants driving the demand for renting ready-built factories and warehouses in the North in the first halft of this year.

After a period of strong growth, the ready-built warehouse market in the South has no new supply. In the first six months of 2024, the occupancy reate reached 63% thanks to large transactions recorded at projects in HCM and Long An.

In contrast, the ready-built factory market had exciting developments when large-scale projects with a total area of more than 371.000m2 in Binh Duong and Dong Nai came into operation in the first six months of this year. Due to strong supply growth, the occupancy rate compared to the previous quarter reached 81%.

Warehouses and ready-built factories rental prices in the Southern

Warehouses and ready-built factories rental prices in the Southern market remained stable compared to the previous quarter, reaching 4.5 and 4.9 USD/m2/month, respectively. With a growth rate of 2% over the same period last year for warehouses, and 1% for factories.

The demand for ready-built warehouses in the South comes from manufacturers in the high-tech and renewable energy sectors, in addition to the expansion of companies in the e-commerce sector.

Opportunity when manufacturers expand factories

For the industrial land market. Industrial land prices in tier 1 markets in the North increased slightly by 0.3%. Over the previous quarter and 4.5% (over the same period). Reaching an average threshold of 134 USD/m2/remaining term.

For the Southern region, industrial land prices in tier 1 southern markets remain at 173 USD/m2/remaining term. Stable compared to the previous quarter and increased 1% over the same period last year.

The absorption area in the first six months of 2024 reached more than 220 hectares. Helping the occupancy rate in the Northern region maintain at 83%. Manufacturers in the electronics sector continue to lead the Northern market, with large transactions. (oming from Victory Giant or Foxconn in Bac Ninh).

In the Southern market

The occupancy rate is stable at 89%. And the absorption area reaches more than 259 hectares in the first six months of 2024. Manufacturers tend to expand to markets such as Long An and Ba Ria-Vung Tau. (Where industrial land fund is still relatively abundant with more competitive rental prices. (Compared to other tier 1 markets such as Ho Chi Minh City, Dong Nai, Binh Duong).

According to CBRE, in the first six months of 2024. FDI disbursement into Vietnam reached 10.8 billion USD, the highest in the past 5 years. Along with that, a series of large factories in the two regions started construction. Notably the Pandora factory (Binh Duong), Suntory Pepsico factory (Long An). Or SK factory (Hai Phong), continuing to see positive signs of industrial real estate.

OSSIF – READY-BUILT FACTORY SYSTEM WITH QUALITY, REPUTATION, PROFESSIONAL SERVICES Contact OSSIF. If you are planning to rent a warehouse and ready-built factory. We commit to providing reputable, quality services that best suit your needs and finances. – Hotline:0983 68 68 75 – Facebook:  Nhà xưởng dịch vụ OSSIFWe invite you to read more information about our factory here Update more information about market news here

 

Vietnam is currently in top 10 of 50 emerging logistics markets globally. In 2024, it is forecast that the world economy will gradually recover. This is opportunity for logistics businesses to find orders again.

In 2023, the world economy shows signs of recovery affter the Covid-19 pandemic.

However, the recovery speed is slow due to many complex factors combined with unpredictable geopoliticial risks, causing the global economy to face the risk of recession. Weak demand and rising costs push back production, business, investment and trade activities.

Vietnam is currently among the top 5 countries in terms of logistics development in the ASEAN region

It is known that The United States’ continuous interest rate increases have a negative impact on the USD exchange rate, global inflation, and strong fluctuation in energy and essential food prices. Highly USD interest rates and competition between major economies also affect the movement of FDI capital flows and entails major changes in the financial and monetary policies of major economies in the world.

All of the above factors have an impact on the development of Vietnam’s logistics service industry. Despite facing many challanges in 2023, the logistics industry continues to strive regain growth momentum.

The World Bank (WB) recorded that by 2023, Vietnam will rank 64/160 countries in terms of logistics development; ranked 43rd in the logistics performance index (LPI). In the ASEAN region, Vietnam is in top 5 countries along with the Philipines, Singapore, Malaysia, and Thailand.

According to the Emerding Market Index Ranking of Agility – the world’s leading transportation and logistics service provider, Vietnam is currently in top 10 of 50 emerging logistics markets globally.

Regarding international logistics opportunity criteria, Vietnam ranks 4th and is considered the country with the leading logistics development potential Southeast Asia. This countinues to confirm that the development potential of logistics industry is very large, the only problem is which environment and policies will be focused on promoting in the future.

Although Vietnam’s logistics sector has developed rapidly and achived positive results, the field has limitiations and challenges. Specifically, the legal framework for the logistics industry has had many documents issued.

However, specific policies detailing those guidelines have not yet been implemented or are still overlapping.

In addition, transportation and logistics infrastructure is not synchronized, creating multimodal transportation corridors while the need for high-quality transshipment of goods between modes is growing.

At the same time, Vietnam also lacks a centralized logistics supply with a strategic location, synchronized with a system of ports, airports, national highways, and production facilities… These things are posing significant challenges for the development of Vietnam’s logistics industry in the future. However, this is also an opportunity for the warehouse market to develop.

For businesses looking for a solution to start a business or expand production effectively, optimize costs, and create quick revenue conversion, choosing a ready-built warehouse is the right decision.

Possessing strategic locations, fronting Highway 50, adjacent to developed infrastructure area, convenient transportation, the OSSIF ready-built factory system cannot be ignored.

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On May 29th, Nguyen Van Duoc – Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council, Nguyen Van Ut – Chairman of the Provincial People’s Committee chaired the Dialogue Conference between provicial leaders and more than 100 foreign investment (FDI) enterprises investing in Long An province. Also attending the conference were Huynh Van Son – Vice Chairman of Provincial People’s Committee, and leaders of relevant departments and branches.

At the beginning of the dialogue, Mr.Nguyen Van Duoc appreciated the companionship and contribution of the business community, including FDI enterprises, to the overall development of the province.

He affirmed that this is an opportunity for provincial leaders, departments and branches in the province and FDI enterprises to have the opportunity to meet, grasp the requirements, aspirations, difficulties, problems; suggestions and recommendations of FDI enterprises in the process of production and business activities in the province.

Some issues that FDI enterprises are concerned include:

• Transport infrastructure connecting Ho Chi Minh City and industrial parks,
• Green energy – carbon credits,
• Regional minimum wage and regional adjustment,
• Tax refund policy,
• Develop high quality labor resources,
• Taking advantage of the province’s human resources who have interned in Japan,
• Policies to support youth starting a business…

With the spirit of inquiry, frankness, and responsibility, the dialogue was answered to the right focus point by leadership representatives. For issues that businesses still have problems with, they will urgently review and promtly resolve proposals from investor and businesses.

Cumunlatively until today, Long An has attracted over 1,300 FDI projects, total registered capital reached over 11.2 billion USD and 2,215 domestic investment projects, capital over 300,000 billion VND.

With this result, Long An continues to remain in the TOP of the country interms of investment attraction.

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Ho Chi Minh City is increasingly crowded, land lund is limited, real estate prices in general and ready-built factory rentals are increasing, causing many people and businesses to look for new places to settle and produce in neighboring areas.

Long An with its convenient geographical location, developed infrastructure and reasonable prices has become the ideal destination for this trend.

Long An welcomes the wave of movement from Ho Chi Minh City

According to Long An’s development orientation, the plan is to increase the number of industrial parks from 20 to 51 industrial parks; total area of 12,490 hectares by 2023. And there are plans to add about 37 industrial parks with a total area of nearly 20,000 hectares by 2030.

Strongly develop the industrial area, in which the industrial area of Tan An City – Ben Luc is oriented to focus on high-tech industries with infrastructure advantages from Ho Chi Minh City and Long An.

Can Giuoc district is also identified as a key economic region in the south of Long An province and a satellite urban area of Ho Chi minh City, plays a role as an urban and industrial center attracting more and more domestic and foreign investors.

In addition, Duc Hoa and Can Giuon districts etc are also suitable for developing many industrial parks near key traffic routes.

Not being left out of the wave of migration and moving production lines to peri-urban areas.

For the real estate market in general and the industrial real estate segment inparticular, experts assess that Long An will have a stronger attraction to investors and highly educated labor force at home and aboard, including experts, engineers,…to come here to expand production, work and settle down; opens up great potential for the residential real estate market and ready-built factories, especially in districts adjacent to Ho Chi Minh City like Can Giuoc.

Furthermore, the development model and spatial structure for Ho Chi Minh City by 2050 “compressed – concentrated – multi-center” will include 1 central urban area (15 districts), 1 parallel urban area (type 1 urban area is Thu Duc City) and 3 satellite urban areas, taking the industrial park out of the residential area.

In addition, the affordable prices of residential products, ready-built factories and new facilities are one of the main reasons why Long An has become an attractive destination for investors and residents of other cities.

Long An is considered a bright spot in the picture of industrial and economic development in the South, and will be the expansion district of Ho Chi Minh City to the west.

Therefore, Long An is actively promoting investment in transport and social infrastructure, synchronous and sustainable provincial development planning to catch the wave of population and industrial movement from inner city areas to satellite urban areas, strong breakthrough potential of real estate market in general and industrial real estate market in particular.

Ready-built factory in Can Giuoc center, Long An

In Can Giuoc district, the appearance of OSSIF Ready-Built Factory is receiving a lot of attention from businesses. This factory system is modernly invested and methodically planned, contributing to making the regional factory market more diverse and competitive thanks to the values that this factory possesses.

OSSIF ready-built factory has an ideal location next to the main highway 50, with complete infrastructure. Located right in Tan Kim Industrial Park, scale 104.1 with strategic coordinates connecting Ho Chi Minh City and 12 Southwestern provinces. OSSIF is next to Can Giuoc Inland Waterport, near Long An International Port, an important seaport of the province.

Besides, a series of traffic projects: Ring Road 3, Ring Road 4, parallel route to National Highway 50, expansion of many inner-city roads, bridges across the river… being close to the factory not only helps OSSIF connect conveniently and easily to neighboring, domestic and international markets; but also helps businesses save time and costs of transporting goods and raw materials for production.

With a large scale, diverse factory areas along with modern infrastructure, airy design, limited columns to help optimize production and storage areas; fully equipped with electrical systems, automatic fire protection, fire trucks, ventilation, lighting, water supply and drainage systems and parking areas.

Along with on-site customer care services such as support for human resource recruitment, meeting rooms, security teams, and supervision teams, businesses can quickly stabilize production and business. OSSIF will be a suitable choice for domestic and foreign businesses that want to expand the scale of production and storage.

OSSIF – Quality, reputable ready-built factories for multi-industry businesses in Long An. Contact Hotline 0983 68 68 75 for detailed information.

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