Actis sells An Phat 1 Industrial Park stake

An Phat 1 Industrial Park is located in Vietnam’s key northern economic zone and is a best-in-class industrial park with sustainability at its core. It is also Actis’ first investment in Vietnam and has become one of the most attractive destinations for companies looking to diversify their supply chain and meet demand for manufacturing facilities outside of China.

APH and Actis selected Hai Duong as the location for the park owing to its excellent regional connectivity and abundant supply of skilled workforce. In addition, Hai Duong has recorded impressive economic growth over the last five years, given its ability to attract significant overseas investment.

Brian Chinappi, partner and head of Real Estate at Actis, said, “This is a milestone for Actis as it is our first exit from the real estate sector in Vietnam, which is a strategic market for us as it offers great opportunities for cost-effective manufacturing and supply chain diversification. Our investment in An Phat 1 has been consistent with our strategy to invest in new-economy real estate.”

Duong Pham, chairman of An Phat Holdings, said, “The partnership with Actis has resulted in greater success than we anticipated for the An Phat 1 project, and has helped to enhance the reputation of An Phat Holdings in the industrial real-estate industry. We are actively seeking opportunities to collaborate with Actis and other foreign partners to undertake larger projects in the near future.”

The development of international standard and sustainable industrial parks, such as An Phat 1, will significantly enhance the competitiveness of Vietnam as an attractive destination for multinational corporations wishing to locate their manufacturing facilities, while generating significant tax revenue for the country.

An Phat 1 has already attracted two of Apple’s global suppliers, which are expected to bring around 25,000 jobs to the local community.

Levanta and Actis partner in Southeast Asia renewables platform Southeast Asian renewables platform Levanta Renewables has sold a majority stake to Actis, a leading global investor in sustainable infrastructure.

An Phat Holdings accelerates world-class green material facility An Phat Holdings, a leading environmentally friendly plastic group in Vietnam with a closed business ecosystem, has just received the investment certificate for its PBAT manufacturing mega-project, An Phat PBAT. Simultaneously, the group has announced a contract with Technip Energies, a world-leading engineering and technology player, for the Front End Engineering Design (FEED) bidding package of the plant and that its patents on green material creation have been granted intellectual property rights.

An Phat Holdings broke ground on Southeast Asia's largest green materials factory An Phat Holdings has organised the ground-breaking ceremony for the PBAT Compostable Resin Plant, which is the largest of its kind in Southeast Asia.