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Vietnam’s industrial, logistics property growing as more FDI expected

Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector. according to insiders.
Vietnam’s industrial, logistics property growing as more FDI expected ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) – Increasing foreign investment is expected to come to industrial,logistics properties in Vietnam, pushing the growth of the sector. according to insiders.

Thelargest-ever US business mission to Vietnam including 52 businesses visitedVietnam from March 21-23 to learn about the local market and seek investment opportunities. Mostof the firms in the mission have business and production activities inVietnam.

Majorgroups around the world also have production expansion plans in Vietnam in thecoming time.

According to CBRE Vietnam, the rent of industrial real estate and occupancyrates are very good across all regions of the country.

Vietnam’s industrial, logistics property growing as more FDI expected ảnh 2The demand for industrial land is said to remain high this year. (Photo: VNA)

Vietnam’sindustrial real estate sector has great potential for developing more projectsrelated to data centres, cold storages, and logistics, according to JohnCampbell, Associate Director, Head of Industrial Services at Savills Vietnam.

He forecast that the demand for industrial landwill remain high this year. A remarkable point is the increasing trendof investment in specialised products such as ready-built warehouses (RBW),ready-built factories (RBF), logistics facilities, and data centres.

Mainopportunities in the logistics industry include last-mile logistics servicesand the implementation of a logistics 4.0 system, said Campbell.

Moreover,investors can take advantage of the lack of cold storages in Vietnam to developnew projects, and increase supply for the market, he said, adding that theconstruction of built-to-suit warehouses to meet special technical requirementsis also an attraction for investors./.

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