KCN Vietnam breaks ground on LEED-certified warehouse project in Dong Nai

The project spans a total area of 14.5 hectares, offering over 97,000 square metres of leasable space. Phase 1 will provide more than 44,000sq.m of leasable area and is expected to be completed by the summer of 2025.

The groundbreaking ceremony for the project was attended by leaders from Dong Nai Industrial Zones Management Authority, representatives of KCN Vietnam, and many distinguished partners from consulting firms, logistics companies, and major domestic and international investors.

Phase 1 will provide more than 44,000 square metres of leasable area and is expected to be completed by Q2/2025. Photo: KCN Vietnam

Nguyen Tri Phuong, head of Dong Nai Industrial Zones Management Authority, said he welcomed the group's efforts and investment in developing modern industrial infrastructure, particularly projects aimed at fostering green industrial development.

“We believe this project will enhance Dong Nai's competitive capacity, facilitate the growth of the logistics sector, attract foreign direct investment (FDI), and encourage the presence of international businesses in the area,” said Phuong.

Hardy Diec, COO of KCN Vietnam, said that in addition to the group’s existing projects, the new project at Nhon Trach VI aimed to provide internationally standardised warehouse space to the local market.

“This initiative will not only contribute to the development of the logistics sector and attract foreign investment to the region but also reflect our commitment to achieving LEED Gold certification. KCN Vietnam is dedicated to developing green buildings, promoting energy efficiency, and minimising environmental impact while meeting the increasingly high standards set by international investors,” Diec said.

This project, KCN Vietnam Group’s newest footprint in Dong Nai, is designed to meet LEED Gold standards, aligning with the growing demand from global investors for sustainable buildings.

This initiative is expected to promote logistics development and enhance the appeal of the southeast region, especially Dong Nai, as a destination for FDI.

The southeast is Vietnam’s largest hub for industry and logistics, playing a key role in the national supply chain - handling nearly 50 per cent of the country's total cargo and over 60 per cent of container throughput at Vietnamese ports.

In the first half of 2024, the region's export value reached $115.7 billion, accounting for 31 per cent of Vietnam's total export-import turnover.

However, according to the Vietnam Logistics Business Association, its current logistics infrastructure falls short of meeting demand, with investment reaching only 25 – 27 per cent of the planned target, as per government goals.

Due to its strategic location and key industrial zones, Dong Nai is a pioneer in both regional and national logistics development.

By 2030, the province aims for annual growth of 30-35 per cent in the logistics sector, contributing 20-25 per cent to the service sector's GDP. Investment in logistics and warehouse infrastructure in Dong Nai and the southeast region not only meets market demand but also leverages regional strengths, generating significant socioeconomic benefits.

Recognising Dong Nai's strong potential to draw in foreign FDI, particularly in the logistics sector, KCN Vietnam has crafted a strategic plan and committed significant resources to develop a state-of-the-art warehouse system that meets international standards.

With the strategic location, KCN Vietnam’s new project offers seamless access to the country’s major transportation routes and enables businesses to easily access key infrastructure, including Long Thanh International Airport (within a 10km radius) and the international seaports of Cat Lai and Cai Mep (within a 20km radius).

This strategic advantage positions the project to attract substantial foreign FDI into Dong Nai’s key logistics sector while addressing the growing demand for warehouse space in the southeast region.

In addition, KCN Vietnam's new ready-built warehouse project is designed to achieve Leadership in Energy and Environmental Design (LEED) Gold certification, adhering to high sustainability standards.

According to the US Green Building Council, LEED-certified buildings reduce emissions and lower energy costs and provide significant advantages in enhancing corporate reputation, strengthening brand image, and boosting competitiveness within the global supply chain.

The newest ready-built warehouse project by KCN Vietnam at Nhon Trach VI Industrial Park marks a significant milestone in the company's ambitious investment strategy within the industrial real estate sector nationwide.

Since the beginning of 2024, the Group has broken ground on four new industrial projects in key economic zones and industrial parks in both northern and southern Vietnam, delivering nearly 400,000sq.m of new industrial floor space to the market.

These projects encompass a variety of categories, including ready-built warehouses, ready-built factories, and mixed-use industrial spaces, contributing to local job creation while significantly boosting FDI inflows into Vietnam.

As of now, KCN Vietnam has launched nine high-quality ready-built warehouses and ready-built factories projects in strategically located industrial zones across both the northern and southern regions, including DEEP C (Haiphong), Thuan Thanh 3B (Bac Ninh), Ho Nai (Dong Nai), Phu An Thanh (Long An) and others, with a total land bank of 300ha.

The group’s mission is to develop, design, and manage industrial and logistics infrastructure to meet the growing demand for high-quality industrial rental properties while supporting businesses in promoting sustainable growth in Vietnam. The future trajectory involves expanding our portfolio to establish KCN Vietnam as the leading local industrial property platform.

Its long-term vision centres on becoming the primary choice for customers’ needs and playing a pivotal role in Vietnam’s global expansion as a sustainable industrial hub.

KCN Vietnam was awarded the Best Industrial Developer title at the Vietnam Outstanding Property Awards 2023 and honoured as a Top 50 Corporate Sustainability Award 2024 by Nhip Cau Dau Tu Magazine. The group was also ranked among the Top 10 Developers in Vietnam 2023 at the BCI Asia Awards.

KCN Vietnam's new ready-built warehouse project is designed to achieve LEED Gold certification, adhering to high sustainability standards. Photo: KCN Vietnam