Quickly identifying and capturing opportunities in a potential market like Vietnam, WHA Group is accelerating its expansion in different fields in addition to industrial zone developments.
The two projects represent a total gross area of nearly 1,200 hectares. Their construction is scheduled in 2022 and 2023, following WHA's 3,200ha industrial zone located in Nghe An province.
The central province has granted the investment registration certificate to a $100 million project and the investment memorandum for a $300 million project.
David Nardone, group executive - industrial and international, WHA Industrial Development Plc believes that the opportunities in Vietnam are substantial and attractive, especially after its effective response to the Covid-19 pandemic.
Thailand-based Amata Group and Quang Ninh province have reached a consensus that the construction of the Song Khoai industrial zone, the first phase of the Amata City Halong project, would be commenced in the last week of this October.
TH Group has just held the commencement ceremony of its dairy factory with a capacity of 1,500 tonnes per day in the industrial zone of the special economic zone in Borovsk district, Kaluga province, Russia.
In addition big companies such as Vingroup and Bitexco, a new generation of real estate investors has emerged and overshadowed popular names such as Vinaconex (Vietnam Construction and Im-export JSC), HUD (Housing and Urban Development Corporation) or Sudico (Song Da Urban & Industrial zone Investment and Development Joint Stock Company).
