$45 million first factory complex for lease in Da Nang Hi-Tech Park to kick off
By Ha Linh
September 19, 2018 | 08:27 AM GMT+7
Da Nang City People's Committee has just granted the investment certificate to Long Hau Joint-Stock Company to build the first factory complex for lease on an area of 29.6ha in Da Nang Hi-tech Park.
Leaders of Da Nang City gave the investment certificate to the project
Covering a total investment of VND1.05 trillion ($45.2 million), the project is divided into three phases and will kick off in the last quarter of this year.
Sized from 500 – 3,300 square metres, ready-built factories will offer office system and full equipment to serve enterprises operating in the techplus sector. In addition, the investor also devotes 20 hectares to building on-demand and high-rise factories.
The investor has entered into a lease agreement for the 6,000-m2 ready-built factory with Japan’s Hatsuta Seisakusho Co., Ltd.
Vice Chairman of the Da Nang City People's Committee said that to date, Da Nang High-Tech Park has nearly 400ha of clean land with technical infrastructure and has attracted 15 projects with a total investment capital of $400 million.
Long Hau Joint-Stock Company was incorporated by Tan Thuan Industrial Promotion Company (IPC) and Jaccar Capital Fund, Viet Au Corporation and Sadeco.
The company is the investor of Long Hau Industrial Park, Long Hau Industrial Park Extended, Long Hau Industrial Park 3 in Long An province.
In the first half of 2018, the company reported net revenue of VND254 billion ($10.9 million) and net profit of VND122 billion ($5.25 million), fulfilling 53.2 per cent of its revenue target and 96 per cent of its full-year profit target.
Essensia Parkway makes significant impact in the high-end real estate market as 100 per cent of the limited collection was successfully registered within just a few hours at the launching event with the theme “Live lux-well, in a truly refined world”.
Essensia Parkway is set to mark a significant milestone as the first branded residences project in Ho Chi Minh City to be operated by WorldHotels – one of the finest portfolios of independent hotels and resorts within BWH Hotels.
While the average price of apartments in Hanoi has reached new heights, with supply primarily concentrated in the premium and luxury segments, there are still no signs of a price slowdown.
Vietnam's hospitality industry is undergoing a major transformation with a brand repositioning strategy that emphasizes unique, sustainable, and community-focused experiences.