Choosing the right manufacturing factory is a strategic decision that directly affects operational efficiency, operating costs, and the growth potential of a business. Companies need to carefully consider various factors to make the most informed choice. In this article, Gaw NP Industrial will provide you with useful information about the benefits of selecting a suitable factory lessor and the important criteria to consider during the selection process.

1. Benefits of choosing to rent factories

1.1. Saving costs

Factories with strategic locations are a top priority for businesses

Renting factories help companies reduce initial investment costs for construction and facility equipment. Instead, businesses can use this capital to invest in production activities, research and development, or marketing to expand their market.

Additionally, renting a factory saves time to operate since companies do not have to wait for the process of building and completing facilities. Nowadays, there are many types of manufacturing factories for rent at affordable costs, allowing businesses to easily choose according to their business criteria.

1.2. Complete infrastructure

Rented factories are often equipped with complete infrastructure, including electrical systems, water supply, telecommunications, and fire safety systems. This allows businesses to quickly stabilize production without needing to invest further in these basic amenities

1.3. Security assurance

Currently, businesses tend to choose rental factories with reliable security systems. To meet this demand, factory lessors have built dedicated security systems for each factory and comprehensive security for the entire area. This includes 24/7 surveillance cameras, professional security staff, and strict security measures to ensure the safety of assets and the workforce in the industrial and export processing zones.

Security camera solutions for factory rental projects

1.4. Diverse sizes and types of factories

Rental factories have many different types and areas, suitable for the needs of large, small and medium-sized businesses. Companies can easily find a space that is available for their current production scale and the ability to expand in the future.. This helps avoid mistakes such as building factories that are too large and not use fully or too small to expand in the future.

2. Criteria for choosing a factory

2.1. Consider geographic location

You should choose rental factories in locations with convenient traffic, easily connected to main roads, residential areas, ports, airports, etc., to facilitate the transport of raw materials, finished products, and goods.

If a company needs to import daily raw materials to meet production demands, renting a factory near raw material suppliers is a priority. This will help the company save on shipping costs and ensure the safety of production materials. Additionally, choosing an area with good security should be a top priority to ensure the safety of assets and goods.

Depending on the type of business model, companies should choose a suitable location

2.2. Choosing the right area

Based on the necessary production needs of the business, the total rental area should be appropriate. When selecting a rental factory, businesses need to accurately estimate the area needed for production, storage, and common areas. This ensures efficient operations and optimal space utilization.

Additionally, the potential for future business expansion should be carefully considered to meet increased production demands without having difficulty with the space. Avoiding waste of space is also an important goal, so choosing the right size from the beginning will help optimize space utilization, minimize unnecessary costs, and create favorable conditions for sustainable business growth.

2.3. Rental prices and contract terms

Before making any decision to rent a factory, businesses should survey the average rental prices of factories in the surrounding area to choose a factory that is both high quality and reasonably priced.

Additionally, to avoid unnecessary risks during the rental process, both the provider and the user of the service should carefully review contract terms such as rental rates, lease duration, payment terms, regulations, and the status of facilities (if any) in the factory to ensure the rights of both parties.

2.4. Support policies

In the competitive market, understanding and using support policies from the government and related agencies can provide significant advantages for both the lessees and lessors:

• Consider and select providers with tax incentive policies for businesses renting factories in industrial zones or export processing zones.
• Some factory rental service providers offer support policies related to administrative procedures and operational licensing for businesses renting the factories.

Gaw NP Industrial provides incentive policies for businesses renting factories

3. Gaw NP industrial – Reputable unit for renting factories

Gaw NP Industrial is a joint venture between Gaw Capital Partners, a leading investment fund in Asia, and NP Capital, a leading experienced real estate investor and developer in Vietnam. Gaw NP Industrial specializes in providing high-quality manufacturing factories for rent that meet various manufacturing sectors in Vietnam.

• International Experience: Gaw NP Industrial has extensive international experience in industrial real estate development and management from Gaw Capital Partners.
• Local Market Understanding: Gaw NP Industrial has a deep understanding of the Vietnamese real estate market, ensuring they meet the needs of local customers.
• High-Quality Factories: Gaw NP Industrial offers factories built to international standards, ensuring durability, safety, and efficiency.
• Strategic Location: Gaw NP Industrial’s factories are located in convenient locations with excellent transportation and infrastructure, allowing customers easy access to surrounding areas and consumption markets.
• Professional Services: Gaw NP Industrial provides comprehensive rental services, including legal procedure support, maintenance, and other support services.

Outstanding project:

GNP Nam Dinh Vu (Hai Phong)

GNP Nam Dinh Vu has a prime location near major seaports and international airports

Located at the center of the Dinh Vu – Cat Hai Economic Zone in Hai Phong, GNP Nam Dinh Vu has a prime location near major seaports and international airports. With an area of 16.9 hectares, this factory is designed with modern features optimized for manufacturing and storage needs. The amenities include:

• Flexible space: Factories starting from 2,500 m².
• Modern fire protection system.
• Hydraulic lift and ramp: Convenient for cargo transportation.
• 24/7 security system: Surveillance cameras and common area lighting.
• EDGE certification: Reducing energy consumption and being environmentally friendly.
• Preferential tax policy: Tax exemption for the first 4 years, 50% tax reduction for the next 9 years.

With its proximity to key seaports such as Hai Phong Port and Cat Bi International Airport, GNP Nam Dinh Vu provides favorable conditions for businesses in the transportation of goods.

>>> See more: Discover the significance of EDGE certification in sustainable industrial real estate

GNP Yen Binh 1&2 (Thai Nguyen)

GNP Yen Binh 1 and GNP Yen Binh 2 in Thai Nguyen provide a variety of factory amenities

GNP Yen Binh 1 and GNP Yen Binh 2 in Thai Nguyen have a total area of 29.5 hectares, offering over 188,000 m² of ready-built factories with modern amenities, including:

• Flexible rental space: From 2,500 m² with column-free design.
• Modern infrastructure: Fire protection system, internal roads, parking areas, and 24/7 surveillance cameras.
• 24/7 security system: Ensuring absolute safety.
• Preferential tax policy: 2 years of tax exemption, 50% tax reduction for the next 4 years.

The location of GNP Yen Binh is very convenient, just an hour’s drive from Ha Noi via the Hanoi – Thai Nguyen highway, near the Samsung Thai Nguyen factory and the Vietnam-China border gate, facilitating easy access to major markets.

GNP Dong Van 3 (Ha Nam)

GNP Dong Van 3 allows businesses to easily connect with major transportation routes

Located in the center of Northern Vietnam in Ha Nam, GNP Dong Van 3 is one of the most advanced factory projects by Gaw NP Industrial.

With a spacious area of 16 hectares and up to 100,000 m² of rental factory space, this project offers modern amenities including:

• Column-free design: Optimizing production space.
• Advanced fire protection system: Including sprinkler systems, fire hose reels, and fire alarm equipment.
• Spacious internal roads: Ensuring easy traffic flow.
• Parking: Convenient for both trucks and motorcycles.
• 24/7 security system: Ensuring safety for all operations.
• Preferential tax policy: Tax exemption for the first 2 years, 50% tax reduction for the next 4 years.

The strategic location of GNP Dong Van 3 allows businesses to easily connect with major transportation routes such as National Highway 1A, National Highway 38, and the Gie Bridge – Ninh Binh Expressway, just 45 minutes from Hanoi.

Conclusion

Choosing the right rental factories plays a crucial role in the sustainable and efficient development of business. By considering criteria such as geographical location, infrastructure, operating costs, and expansion potential, businesses can ensure they are investing in the foundation for long-term growth.

The above article outlines the benefits and criteria for selecting a manufacturing factory. If you are looking for a high-quality warehouse solution in Vietnam, please contact Gaw NP Industrial through the hotline: +0789 75 77 88 for the most detailed consultation!

See more:

>>> Explore the 8 major benefits of renting factories in Vietnam for your growing business

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