The move of this big man makes Vietnam’s industrial real estate come to an “unstoppable” time.
This expert said that Lego’s decision to build a $1 billion factory in VSIP 3 industrial park is a meaningful event for industrial real estate in this period.
This decision was made by Lego after about a decade of consideration, showing how carefully this group has researched before officially choosing Vietnam to deploy its 6th factory globally (2nd in Asia). their.
Notably, this is Lego’s first carbon-neutral factory with the use of solar energy for related activities.
The fact that there are more and more foreign investment projects with high science and technology content and environmental friendliness is a sign that Vietnam is gradually becoming more successful in attracting high quality FDI capital.
This can also be seen as an important signal that large corporations in the world continue to come to Vietnam, realize its great potential and believe in the future of Vietnam.
Along with that, the successful control of the Covid-19 pandemic, the reopening of international routes, and many efforts and initiatives to quickly recover the economy continue to help Vietnam have more advantages compared to many other countries. countries in the region on attracting FDI into the real estate sector in general and the development of the industrial real estate segment in particular.
The fact that production and business activities were able to take place again at this time has created a very positive impression of Vietnam’s dynamic investment environment in the eyes of international investors. This is what will give many large corporations in the world more compelling reasons to choose Vietnam in their global supply chain diversification strategy.
Currently, the rental price of industrial real estate in Vietnam is still about 20-33% cheaper than some countries in the region such as Thailand or Indonesia. Vietnam’s industrial real estate is still in the early stages of development, so the usual advantages of this stage such as land rent or labor costs will also last for at least 5-7 years. again.
According to Vietnam expert Colliers, an important driver of industrial real estate in the coming years is the “unstoppable” growth of e-commerce. The compound annual growth rate of this industry’s revenue is more than 40% in the period 2020-2025 and is estimated to reach 52 billion USD by 2025 (according to the Vietnam E-commerce Association – VECOM). It is estimated that about 350,000 m2 of new warehouses will be needed to meet the needs of this industry when the revenue reaches 25-27 billion USD.
These may also be some important reasons for many domestic real estate businesses, even those in other industries, to “rush” to invest in the industrial real estate segment as has been widely announced. recently.
With proper investment planning, industrial real estate will help create a large number of jobs (for example, Lego’s factory can create 4,000 new jobs), contribute to growth and contribute to the global economy. The appearance of the neighboring areas becomes busier and more modern.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
