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  • News in Vietnam
  • 30 September 2022

38.5 million USD industrial center of Gaw NP Industrial commences in Hai Phong

NP Industrial Company Limited kicked off the project of GNP Nam Dinh Vu Industrial Center in Hai Phong on September 27.

GNP Nam Dinh Vu Industrial Center has a total area of ​​17 hectares, providing industrial infrastructure including 6 blocks of ready-built factories with varied areas from 2500 m2, ready-built warehouse from 5,000 m2 designed based on diverse needs of customers.

The project is expected to be completed in the second quarter of 2023 with a total investment capital of about 38.5 million USD. This project is led by an investment fund based in Hong Kong (China).

Gaw NP Industrial has successfully entered into an agreement with Sao Do Group to lease 17 hectares of industrial park land in 05/2022 to build factories and warehouses in Nam Dinh Vu industrial park (Hai Phong).

Previously, Gaw NP Industrial has invested in two projects including GNP Yen Binh Industrial Center 1 (about 13 hectares) and GNP Yen Binh 2 (16 hectares) in Thai Nguyen province.

At the groundbreaking ceremony, Head of Hai Phong Economic Zone Management Board – Mr. Le Trung Kien said that the Gaw Nam Dinh Vu project has provided a model of building new warehouses for investors to rent for factory or logistics operation. It has also undertaken to support  and  accompany investors in assuring timely operation with best conditions of the project.

According to Ms. Nguyen Phuong Thao, Director of Property Leasing and Management of Gaw NP, GAW NP has signed a strategic cooperation agreement with Shire Oak Company to install solar power on  rooftops for the whole factory system. Therefore, GNP Nam Dinh Vu will provide rooftop solar panels and obtain EDGE Certificate.

In addition to the open factory design solution, without internal columns for ultimate space efficiency, it also provides facilities and services to support production activities such as lighting, ventilation, and firefighting, CCTV, canteen, security and logistics services systems with a single-window rental process.

Mr. Thomas Thang, Deputy General Director of GNP Capital Asset Management Company Limited said that GNP Nam Dinh Vu has located in the centre of the Northeast economic triangle with convenient domestic and international traffic connections and attractive tax incentives. Welcoming investment environment and local authority support during the course of production and business activities for investors, construction contractors as well as local customers are also attractive factors to foreign investment.

GNP Nam Dinh Vu project will be an ideal destination for progressive businesses looking for a favorable investment environment for business development in the future as well as small-scale businesses wishing to rent factories and warehouses in Hai Phong.

Hai Phong is now becoming an attractive destination with a total registered capital of approximately 24 billion USD and 827 FDI projects. More than 90% of total investment capital flows into the city’s industrial parks and economic zones, where major domestic and international manufacturers are investing and operating like LG, Pegatron, Bridgestone, GE, Fuji Xerox, VinFast, etc.,