Finishing Phase 1 in January 2021, Gaw NP Industrial gets ready to raise new investment

December 10, 2020 | 09:00
Around a month after introducing its first ready-built-factory to the market, GNP Yen Binh Industrial Centre, invested by Gaw NP Industrial, is about to finish the first four multi-unit blocks and three other single unit blocks to welcome tenants.
finishing phase 1 in january 2021 gaw np industrial gets ready to raise new investment
Phase 1 - GNP Yen Binh Industrial Centre

All are at the first phase development of the project with a total area of more than 38,000 square metres and nearly 1,700sq.m of office space, are ready to receive tenants right in January 2021.

All of those facilities have been constructed day and night to put them into operation as soon as possible, to welcome the investment wave right at the beginning months of 2021 but still strictly ensure the highest quality standards which Gaw NP Industrial has set up.

The movement of "big sharks" (giant manufacturers and producers, investors) into Vietnam market recently such as Foxconn, Samsung, LG, Panasonic, Intel, Pegatron, Qisda, Wistron, and many others will for sure bring along many others to support their operations.

While not as sizable as "big sharks", these enterprises entering the Vietnamese market are mostly small- and medium-sized enterprises (SMEs) who are looking for medium-sized spaces for leasing.

finishing phase 1 in january 2021 gaw np industrial gets ready to raise new investment
The first phase of the project will welcome tenants in the first months of 2021

The key factor in these potential tenants' decision-making to make a landing is the proximity of the location to these large companies, as well as access to the logistics system.

“SMEs are also in need of support and instruction in licensing, legal procedures, operations, and workforce from landlords,” said Vo Sy Nhan, co-founder and managing director of Gaw NP Industrial.

With the diversified spaces of ready-built factories ranging from 2,000 and 5,000 to 10,000sq.m, Gaw NP Yen Binh is targeting to tailor any ready-built factory (RBF) to the requirements of SMEs supporting giant manufacturers.

“Gaw NP Industrial's motto is “You invest. We do best”. Thus, we are offering flexible RBF options with the highest standards of specifications and utilities in order to deliver tenants the most beneficial solutions when they choose Vietnam for their plant,” Nhan said.

Located in Thai Nguyen, North Vietnam, strategically placed within reach of the capital, the Vietnamese-Chinese border, Noi Bai International Airport, and three major highways connecting Vietnam's deep-water ports, GNP is preinstalled with complete operational infrastructure to optimise the investors' initial outlay.

finishing phase 1 in january 2021 gaw np industrial gets ready to raise new investment
Gaw NP Yen Binh is targeting SMEs supporting giant manufacturers

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 plant for heavy operations.

Optimal specifications

No internal column

Consecutive canopy – width: 4m

Height: 6.5-10m

Floor loading: 2 tonnes per sq.m with concrete hardener

Spacious internal road – Width: 27m

Parking lot & canteen

Sewage treatment plant

CCTV & lighting in common area

24/7 security


30km (~30 mins) to Noi Bai International Airport

60km (~60 mins) to Hanoi centre

150km (~110 mins) to Haiphong/Nam Dinh Vu/Lach Huyen Port

140km (~140 mins) to the Vietnam-China Border Gate

Investment incentives

Flexible commercial lease term: short-term/long-term and rent-free period at competitive rental rates

Preferred tax rate of 17 per cent for 10 years

0 per cent CIT for two years after achieving taxable income + 50 per cent deduction of the 17 per cent preferred tax rate (effective tax rate 8.5 per cent) for the following four years.

By Bich Ngoc

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