On October 22, GNP Yen Binh – Industrial Centre, a project of Gaw NP Industrial (GNP) was launched, introducing a built-in factory block in Pho Yen district of Thai Nguyen city. The ceremony attracted the attention of many domestic investors and real estate brokers and became the first project to mark the presence of Gaw NP Industrial in the field of industrial real estate.
|The GNP Yen Binh, a project of Gaw NP Industrial (GNP) is a 13ha industrial centre located in Pho Yen district of Thai Nguyen city|
GNP is offering premium ready-built factory (RBF) space, which will be tailored to suit any RBF requirements for first-class tenants, within one of the country’s leading industrial zones at Thai Nguyen, noted for its attractive investment policies and proximity to key freight routes.
Strategically placed within reach of the capital, the Vietnamese-Chinese border, Noi Bai International Airport, and three major highways connecting Vietnam’s deepwater ports, GNP is preinstalled with complete operational infrastructure to optimise the investors’ initial outlay.
The factories feature fire sprinkler systems and completely open factory floor plans with no internal columns. Tenants can also rely on all-in-one supporting facilities such as a 129m-long consecutive canopy, 400-seat indoor staff canteens, 25-27m-wide internal roads, and a standing sewage treatment plan for heavy operations.
|The first Block 1A of GNP Yen Binh has completed in the middle of October|
GNP is backed by Gaw Capital Partners, a dominant real estate private equity with a global portfolio of over $36 billion, with a commanding experience in developing and operating 1 million sqm of industrial assets in China and a vast network of industrial tenants.
Drawing from Gaw Capital Partners’ global track record of developing and operating almost 1 million sqm of industrial space, GNP expects to develop its business in the Vietnamese market with services for warehousing, leasing, and managing assets. Its target tenants are investors and manufacturers in machinery, electronics, automobile, and garments.
Vo Sy Nhan, co-founder and CEO at Gaw NP Industrial said, although Yen Binh GNP was completed in a short time (in about 45 days), it has fully met the highest standards for ready-built factories for customers, especially customers of a small and medium scale that the company is targeting. The factory rental price at Yen Binh GNP is nearly $4 per sqm per month.
According to Nhan, the projects invested by GNP are mostly located in places offering preferential investment policies for manufacturers and convenient transportation systems such as Thai Nguyen in the north or Dong Nai and Binh Duong in the south.
With the EU-Vietnam Free Trade Agreement eliminating almost all tariffs, the numerous attractions to corporate sharks in the region, including Samsung, LG, Panasonic, Intel, Pegatron, Qisda and Wistron, GNP believes that Vietnam is now better placed than ever to offer foreign investors the benefit of its strategically positioned logistics and transport systems.