The 16.3 hectare Ho Nai Industrial Park – the biggest project of its kind so far in the south of Vietnam – started construction on April 6 in Dong Nai province.
|The first 55,000 square metre lot of the Ho Nai Industrial Park will be handed over to tenants in Q4 |
The project will be divided into two phases and deliver a total gross leasable area of 109,000sq.m to the industrial real estate market.
According to Michael Tran, chief construction director at KCN Vietnam, the commencement of Ho Nai Industrial Park was a significant milestone for all partners.
Tran said, “We are proud to partner with experienced construction companies like An Phong Construction JSC. We strongly believe that this will become a strategic partnership as both companies share the mission to become the best in class in our respective industries and offer premium services to Vietnam’s industrial market. We hope KCN Vietnam and An Phong will use this as a stepping stone for future high-quality projects and sustainable developments for the industrial market.”
Located in Dong Nai province, Ho Nai Industrial Park is strategically situated near key logistic hubs. It is located within a one-hour drive from international airports, ports, and Ho Chi Minh City.
The facilities will include solar panels to provide clean and sustainable energy for its tenants.
KCN Vietnam plans to develop another 17ha of land in Ho Nai Industrial Park in the near future.
The company is an industrial real estate developer that initially acquired approximately 250ha at a cost of over $300 million. So far it has a portfolio of projects located in Bac Giang, Hai Duong, Haiphong, Dong Nai, and Long An provinces.
With nearly two decades of consistent growth and development in the market, An Phong Construction is now firmly seen as one of the most prestigious contractors in Vietnam.