- News in Vietnam
- 4 May 2022
The occupancy rate of industrial zones reaches 80-85%.
According to the Ministry of Construction, in the first quarter of 2022, several new investment projects in industrial parks are approved and deployed, contributing to adding new supply to the market in the future, such as Factory projects and projects. 13.4 ha warehouse in Phu An Thanh Industrial Park (Long An); industrial park, logistics area, and urban area invested by CapitaLand Development in Bac Giang.
In the first quarter of 2022, the occupancy rate of the Northern industrial zones remained at 80%; however, land and factory rents remained unchanged. The average industrial land rental price reached 109 USD/m2/lease cycle, slightly down from the previous quarter but up 9.2% over the same period in 2021.
In the southern region, the occupancy rate of industrial zones is 85%. Average rent is $120/m2/lease cycle (up 9% up 9% over the same period in 2021) thanks to a new wave of foreign investment into Vietnam after Vietnam reopens its economy and open demand expands existing enterprises production.
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