The capital city of Hanoi will have 13 more industrial parks (IPs)spread over 6,000 hectares by 2020, a 300 percent increase in comparisonwith the current number of parks.
The latest report forthe third quarter of the year, released by global property consultantCushman & Wakefield, showed that the number of IPs in Hanoiwill increase in the near future.
In the first nine monthsof the year, the city got 10 new IPs spread over an area of 1,423hectares. Four of these were fully occupied, while the land area leftunused accounted for 31.5 percent of the total, a 0.5 percent decreaseover the previous quarter.
The IPs include the Hoa LacHigh-tech IP, Phu Nghia, Noi Bai (the phase II), South Thang Long, ThachThat – Quoc Oai and HANSSIP I. The highest unused land rate of 78percent was in the Hoa Lac High-tech IP.
The land rentalsin the IPs in the third quarter saw a slight decline of 2.1 percent totouch 2.17 million VND (102 USD) per square metre, excluding taxes.
Themanagement fee was 0.2 USD to 1 USD per square metre per month.However, the average rental in the city's IPs is the highest comparedwith the other cities and provinces in the north.
Twenty-onecountries and territories are investing in Hanoi's IPs, focusing onsupport industries, mechanics and electronics which requirehigh-quality human resources. Japan, mainland China and Hong Konglead the investments in the capital.
By the end of Junethis year, the IPs had attracted 550 projects with a total investment of5.3 billion USD. Of these, 300 were foreign direct investment projectswith a total registered capital of 4.7 billion USD.
Cushman&Wakefield Vietnam forecast that the demand for availablewarehouses will increase greatly in the near future as several foreigncompanies will come to Vietnam to take advantage of the cheap labourcosts.
It added that the IP supply in Hanoi is relativelyhigher than in Ho Chi Minh City, which is estimated to have 12 new IPsspread over 3,000 hectares, an 85 percent increase against the currentnumber.-VNA
The latest report forthe third quarter of the year, released by global property consultantCushman & Wakefield, showed that the number of IPs in Hanoiwill increase in the near future.
In the first nine monthsof the year, the city got 10 new IPs spread over an area of 1,423hectares. Four of these were fully occupied, while the land area leftunused accounted for 31.5 percent of the total, a 0.5 percent decreaseover the previous quarter.
The IPs include the Hoa LacHigh-tech IP, Phu Nghia, Noi Bai (the phase II), South Thang Long, ThachThat – Quoc Oai and HANSSIP I. The highest unused land rate of 78percent was in the Hoa Lac High-tech IP.
The land rentalsin the IPs in the third quarter saw a slight decline of 2.1 percent totouch 2.17 million VND (102 USD) per square metre, excluding taxes.
Themanagement fee was 0.2 USD to 1 USD per square metre per month.However, the average rental in the city's IPs is the highest comparedwith the other cities and provinces in the north.
Twenty-onecountries and territories are investing in Hanoi's IPs, focusing onsupport industries, mechanics and electronics which requirehigh-quality human resources. Japan, mainland China and Hong Konglead the investments in the capital.
By the end of Junethis year, the IPs had attracted 550 projects with a total investment of5.3 billion USD. Of these, 300 were foreign direct investment projectswith a total registered capital of 4.7 billion USD.
Cushman&Wakefield Vietnam forecast that the demand for availablewarehouses will increase greatly in the near future as several foreigncompanies will come to Vietnam to take advantage of the cheap labourcosts.
It added that the IP supply in Hanoi is relativelyhigher than in Ho Chi Minh City, which is estimated to have 12 new IPsspread over 3,000 hectares, an 85 percent increase against the currentnumber.-VNA
