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May 07, 2024 04:37 AM
The demand for manufacturing and storage warehouses is increasingly on the rise. Therefore, choosing a reputable unit for leasing manufacturing warehouses is something that businesses are strongly concerned about. Gaw NP Industrial is a leading industrial real estate developer in Vietnam, providing services for leasing manufacturing warehouses and ready-built warehouses. All projects by Gaw NP […]
The demand for manufacturing and storage warehouses is increasingly on the rise. Therefore, choosing a reputable unit for leasing manufacturing warehouses is something that businesses are strongly concerned about. Gaw NP Industrial is a leading industrial real estate developer in Vietnam, providing services for leasing manufacturing warehouses and ready-built warehouses. All projects by Gaw NP Industrial are strategically located, close to ports, airports, and have large consumer markets.
There are many reasons for the increasing demand for leasing manufacturing warehouses. Two prominent reasons are the expansion of large corporations investing in Vietnam and the trend of investor diversification away from China.
Choosing to lease ready-built manufacturing warehouses helps businesses optimize costs
According to data from the Foreign Investment Agency (Ministry of Planning and Investment), as of October 20, foreign direct investment (FDI) capital invested in Vietnam reached over USD 25.76 billion, an increase of 14.7% compared to the same period. In the recent wave of FDI investor influx into Vietnam, there are many “queen bees” coming to establish their presence, such as Samsung, LG, Foxconn, Hyosung, Pegatron.
The influx of large corporations is often a leap forward for the industrial development of the host country. Specifically, infrastructure will be improved, many preferential trade policies will be introduced, attracting new investments, and increasing the value of industrial real estate in the region. Below are the positive impacts of “queen bees” on the Vietnam industrial real estate market.
Driving regional growth: It is estimated that one “queen bee” may need up to 10 hectares of land to build an industrial warehouse. A “queen bee” will attract a supply chain of 300 companies, among which each company needs about 5,000-10,000 square meters of warehouse space. Thus, if there are 10 “queen bees” investing in Vietnam, it will create strong growth for the industrial real estate sector.
Enhancing competitiveness: The emergence of “queen bees” creates a level playing field in the manufacturing industry. These conglomerates often invest in advanced technology and production processes, requiring local businesses to improve efficiency and product quality to remain competitive. This also stimulates the demand for leasing manufacturing warehouses with advanced facilities to meet new standards.
Job creation and increased labor demand: The choice of manufacturing location by large corporations will also come with the creation of thousands of jobs for people in the region, from workers to engineers and managers.
The Northern region is receiving the investment wave from electronic “queen bees” such as Samsung, LG Display, Pegatron…
Currently, numerous major enterprises are no longer enamored with the “world’s factory” as they were before. Several factors contribute to this situation:
Escalating Tensions between China and the U.S.: The intensifying geopolitical competition between China and the United States has left many investors concerned about the risks to their investments in China. Since 2018, the trade tensions between the two nations have diminished global capital and prompted a significant shift among countries.
“China + 1” Strategy: Originating over the past decade, this strategy emerged as China increased costs and reduced investment incentives. Investors seek to reduce dependence on China and explore new investment destinations while still maintaining and leveraging their established facilities in China.
Investing in Emerging Markets: Certain markets, identified as potential hotspots, include India, Indonesia, the Philippines, and Vietnam. Among them, Vietnam stands out, sharing similarities with China, boasting political stability, and offering reduced production costs, making it an attractive investment destination.
Many investors are relocating away from China
Gaw NP Industrial is a trusted partner for businesses in the field of high-end manufacturing warehouse rentals in Vietnam. As one of the leading industrial real estate developers in Vietnam, Gaw NP Industrial has numerous projects of standard-built warehouses and storage facilities to meet all production and storage needs.
As of now, Gaw NP Industrial has developed four projects in the Northern region: GNP Yen Binh 1 & GNP Yen Binh 2, GNP Nam Dinh Vu, and GNP Dong Van 3.
Strategically Located near Hanoi
The industrial center GNP Dong Van 3 in Ha Nam province is an investment destination for both domestic and international investors due to its strategic location.
Strategic Advantages of GNP Dong Van 3
High-Quality Warehouse for Rent
GNP Dong Van 3 (Ha Nam) covers an area of 16 hectares, offering over 100,000 square meters of ready-built manufacturing warehouses and storage facilities for rent with diverse areas.
GNP Dong Van 3 Industrial Center
Perspective of the rented warehouse at GNP Dong Van 3
Strategic Location
The GNP Nam Dinh Vu industrial center is situated in the Nam Dinh Vu Industrial Zone, at the heart of the Dinh Vu – Cát Hải Economic Zone, near crucial seaports such as Hai Phong port (15 km), Lach Huyen port, and Cai Lan port. This location is convenient for medium-scale manufacturing businesses with a direct need for international maritime transport routes, serving as a part of the supply chain for leading corporations like LG, Pegatron, VinFast.
GNP Nam Dinh Vu is also close to Cat Bi International Airport (approximately 13 km), significantly enhancing cargo transportation capabilities and optimizing trade processes, helping businesses increase efficiency and reduce costs.
GNP Nam Dinh Vu possesses a strategically advantageous trading location
Flexible Area, Numerous Amenities
GNP Nam Dinh Vu in Hai Phong covers a total area of 16.9 hectares, offering over 101,000 square meters of warehouse space for rent to meet diverse business needs.
Scene of ready-built warehouse at GNP Nam Dinh Vu
Internal road at GNP Nam Dinh Vu Industrial Center
Strategic Location
GNP Yen Binh 1 & 2 boasts a strategic location, just an hour’s drive from Hanoi via the Hanoi – Thai Nguyen expressway. It is located near the Samsung Thai Nguyen plant and key transportation routes.
GNP Yen Binh 1 & 2 has a favorable and convenient location with easy connectivity
Flexible Area
The GNP Yen Binh 1 & 2 project in Thai Nguyen covers nearly 30 hectares, providing over 188,000 square meters of ready-built warehouses with diverse areas.
GNP Yen Binh 1 & 2 Industrial Center in Thai Nguyen
With its favorable geographical location, quality infrastructure, and diverse services and amenities, Gaw NP Industrial’s warehouse rentals are an irresistible choice for foreign businesses “shifting” to Vietnam and local businesses looking to expand their production scale. For inquiries and site visits, please contact the hotline at +84 789 75 77 88 for more detailed information.
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