Investment in industrial zones in the North is extremely exciting and promises to bring a lot of development potential. With the advantage of geographical location, abundant human resources and admirable growth rate, the industrial land market in the North creates a strong attraction for investors. Follow the following article to see the heat of real estate in the North and find the best option to “pour money”.
1. The heat of industrial real estate in the North
According to data from the Ministry of Industry and Trade ( tapchicongthuong.vn ), the North currently has about 63.5 thousand hectares of industrial land with 238 industrial zones/groups already in operation and under construction. The occupancy rate in industrial parks in operation reaches a very high level (such as Hai Phong, industrial parks have a occupancy rate of up to 90%). This shows the great heat in the industrial real estate market in the North.
In particular, this heat is concentrated mainly in the northeast region and in 5 main provinces and cities, namely Quang Ninh, Hai Phong, Bac Ninh, Bac Giang, and Hanoi (accounting for 50% of the total market share in the market). ). This is not a random choice but an inevitable consequence because these localities possess many advantages in terms of traffic, human resources, etc.
Along with a stable economic growth rate, preferential investment policies, an export-oriented economy, industrial real estate in the North in particular and Vietnam in general will continue to be an attractive destination for foreign investors. domestic and foreign investors. In particular, the industrial zone land rental rate in the North is considered to be more favorable than other countries in the region (20-33% lower than Thailand and Indonesia). Therefore, investment in industrial land in the North is still a magnet to attract large FDI capital in the real estate market.
(Data from cafef.vn from September 2021)
2. The leading provinces in the supply of investment in industrial zones in the North
The following localities in the North lead in real estate supply and are considered “masters” to attract FDI. Specifically:
2.1. Bac Ninh
Bac Ninh is a city with a small area but has many advantages in terms of geographical location when bordering the capital Hanoi, located in the economic triangle of Hanoi – Hai Phong – Quang Ninh. At the same time, Bac Ninh is also one of the localities that know how to attract FDI thanks to the synchronization of infrastructure and active administrative reform.
Bac Ninh will focus on prioritizing projects that use less land, less labor and high technology to match the narrow land bank characteristics of the province.
2.2. Hanoi
As the capital – the heart of the country and also the center of the Northern economy, Hanoi has created economic stability when it owns a series of industrial parks that have been put into stable operation. high occupancy rate.
With the merger of Ha Tay and Hanoi, the city will continue to plan and expand many new industrial parks. Therefore, Hanoi will continue to be a bright investment address among industrial parks in the North.
2.3. Hai Phong
As one of the localities with many strengths in industrial real estate development. Along with the available advantages of nature, geographical location of the seaport system, drastic investment-oriented guidelines and policies, Hai Phong city has become a bright spot in attracting FDI.
With strong growth momentum, Hai Phong continues to have policies to support businesses to invest, develop strategies to improve the business investment environment. Continue to promote Hai Phong industrial parks which are being completed, increase occupancy rate.
2.4. Quang Ninh
Quang Ninh is one of the typical localities in infrastructure renovation and socio-economic development in the North. Therefore, industrial land in Quang Ninh is becoming an extremely potential land for investors.
Quang Ninh continues to promote and develop green, clean, high-tech and environmentally friendly industries. In addition, it also focuses on developing ecological urban chains – services, commerce, tourism, agriculture, marine economy, etc.
2.5. Bac Giang
According to the newspaper of environmental resources (baotainguyenmoitruong.vn) published on August 25, 2021, Bac Giang is considered a transitional gateway from Hanoi to the Northern Midlands and Mountains. With a strategic location and an abundant land fund, Bac Giang quickly became one of the most attractive industrial park investment locations in the North.
3. Hai Phong – No. 1 choice of secondary investors in the North
In the northern provinces, Hai Phong is always considered as a “golden land”, creating a strong attraction for secondary investors. That development potential is due to resonance from many advantages.
Potential for vacant industrial land
Compared to other provinces in the Northern region, Hai Phong has the advantage in terms of vacant industrial land. When provinces like Hanoi and Hung Yen have occupancy rates of over 90%, Hai Phong is one of the few provinces that still have enough vacant land to welcome investors (mainly in projects that are open for sale such as Ho Chi Minh City). Nam Dinh Vu, Deep C, etc.).
Recently, the occupancy rate has increased rapidly, but the city is still planning to add new industrial zones (it is estimated that 15 projects are starting to be implemented with an area of 6,200 ha ).
Geographical location
The advantage of Hai Phong’s geographical location is its diverse transportation network. The city of red phoenix flowers is the only locality in the North that converges all 5 types of transport : road, railway, sea, inland waterway and air.
With “a favorable time and a favorable position” and “human harmony” (a methodical investment in infrastructure), Hai Phong is oriented to become a key gateway for import and export activities of the Northern region.
FDI investment capital
Hai Phong is one of the leading provinces in the country in terms of the proportion of FDI capital invested with 12.21% of the total FDI capital of the country.
At the same time, Hai Phong is one of the localities with reasonable industrial land rental rates, along with an expanding industrial land area, synchronously developed infrastructure. Therefore, Hai Phong is the “golden land” for investors.
Oriented development
In the future, Hai Phong real estate will continue to develop to maintain its position. At the same time, promote and aim to build a new, synchronous and fully-utilized industrial park.
Outstanding project of Hai Phong industrial real estate
One of the prominent industrial parks and attracting large FDI capital today is Nam Dinh Vu industrial park. With modern, large-scale and highly synchronous infrastructure, Nam Dinh Vu is a “gold mine” attracting secondary investors.
- Geographical location: Nam Dinh Vu has a prime and convenient location. Thereby, helping businesses optimize transportation costs, shorten the time to bring products to the market.
- Planning : Provide a complete service chain including: internal traffic system, electricity, water system, waste water and waste treatment, etc., creating favorable conditions for enterprises to develop production and business.
- Tax incentives : With many tax incentives, investors will always be assured and optimize costs when choosing Nam Dinh Vu.
Nam Dinh Vu – with the advantage of geographical location is currently attracting special attention from investors
Thus, investment in industrial zones in the North is currently the “destination” of many large domestic and foreign corporations and enterprises. In particular, industrial projects under construction in Hai Phong such as Nam Dinh Vu will continue to be a magnet for attracting FDI, bringing a new face to Hai Phong’s economy in particular and Vietnam in general.
To learn more about Hai Phong industrial real estate, please contact Hotline 0965 469469 for specific advice.
