To increase attractiveness to secondary investors, some industrial park infrastructure investors in Hai Duong have built factories for businesses to rent.
Suntel Vina Co., Ltd. is a FDI enterprise from Korea, specializing in manufacturing electronic components for export. The company has rented a pre-built factory from the investor of the infrastructure construction of Dai An Industrial Park expansion (Hai Duong City) for business and production.
Renting a ready-built factory is very convenient for the company in its operations. Recently, storm No. 3 damaged the roof of the rented factory. The company has closely coordinated with the investor to promptly fix the problem, ensuring production is safe and uninterrupted.
“Instead of having to spend a large amount of capital to build a factory from scratch and waste time waiting for completion, we only need to rent and can operate immediately, saving time and costs while reducing risks for investors,” said a representative of Suntel Vina Company Limited.
Some businesses renting ready-built factories at An Phat High-Tech Industrial Park (Hai Duong City) also confirmed that renting ready-built factories has many advantages. Secondary investors do not have to worry about procedures for applying for construction permits or working with construction contractors because these tasks are done by the industrial park infrastructure investor.
Pre-built factories in industrial parks are fully equipped with electricity, water, wastewater treatment systems, and convenient transportation. This model helps secondary investors feel secure in "settling down", focusing resources on product research and development instead of worrying about infrastructure construction procedures.
Pre-built factories come in a variety of sizes for secondary businesses to choose from to suit their needs and production scale without spending much time adjusting the design or construction. In addition, this model is flexible in terms of lease contracts, including short-term and long-term contracts, making it easy for businesses to adjust according to their needs to expand or reduce production scale.
According to the representative of Dai An Joint Stock Company, the investor of the infrastructure of Dai An Industrial Park expansion, currently Dai An Industrial Park expansion has 27 factories for lease, 2 factories are being completed, expected to be leased in early 2025. Each factory is from 2,500-5,000 m2 wide.2, can flexibly ensure the rental needs of customers. Every year, the industrial park infrastructure investor collects a management fee and infrastructure fee of 20,000 VND/m2.
To ensure stable production, the investor of Dai An Industrial Park infrastructure requires secondary investors to have an investment certificate from the Industrial Park Management Board and a legal business license. “Pre-built factories are periodically maintained to ensure quality and safety for the leasing business. The investor has a technical department on duty 24/7 to support in handling incidents when they arise, ensuring that there is no interruption to the business's production activities,” said a representative of Dai An Joint Stock Company.
An Phat High-Tech Industrial Park has 10 hectares of pre-built factories for lease, the remaining 2 hectares of factories have been completed and are waiting for businesses to invest.
Phuc Dien Industrial Park expansion is also accelerating infrastructure construction. The investor of this industrial park infrastructure has reserved more than 10 hectares to build offices, factories, and warehouses for rent. Of which, more than 9 hectares are for building factories and warehouses for rent, expected to be completed in the second quarter of 2026.
Pre-built factories for rent are also a quick solution to fill up, reflecting the attractiveness of industrial parks to investors. Thanks to this model, many industrial parks are quickly filled up after construction.
In addition, this model is also suitable for foreign enterprises when investing in Vietnam for the first time. Many foreign companies choose to rent ready-built factories to test the market before expanding their scale.
To continue attracting secondary investors, industrial park investors need to provide reasonable and flexible rental policies for each area, suitable for the scale and different needs of businesses. Along with utilities for electricity, water, internal traffic, wastewater and waste treatment systems, industrial parks need to provide full security utilities and fire prevention and fighting systems.
According to the Hai Duong Industrial Park Management Board, the province has nearly 80 hectares of industrial park land with factories, offices, and warehouses for lease, of which about 23 hectares are still waiting to be leased. The strategy of building factories for lease helps Hai Duong province promote secondary investment attraction, while increasing the diversity of industrial sectors. This model not only saves costs but also creates a synchronous production ecosystem, meeting the increasing demands of the market, increasing the efficiency of industrial land use.