On March 10, 2021, the Prime Minister approved the decision of Son Ha International Joint Stock Company (HoSE: SHI) to be selected as the investor of the project of construction of technical infrastructure of Tam Duong I Industrial Park – Area 2 in Tam Duong district, Vinh Phuc province.

Tam Duong I industrial park project, implemented in Scout commune, Dao Tu commune and Hoa Hoa town, Tam Duong district, Vinh Phuc province with the land use scale of the project is 162.33 ha. With a total investment capital of VND 1,316.12 billion.

According to the Decision, Vinh Phuc People’s Committee is responsible for guiding the Investor to implement the order and procedures and to the People’s Council of Vinh Phuc province for approval of the policy on re-use of forest land in the area where the project is expected to be implemented. This is to ensure that investors only implement the project after the People’s Council of Vinh Phuc province decides on the policy to re-use forest land in the project area in accordance with the law on forestry.

In the context of the trend of shifting production in the world, Vietnam has quite large advantages such as geographical location, strategic location, located between China and Singapore – one of the important sea trade areas of the world. About 40% of the cargo shipped from the Indian Ocean to the Pacific will pass through this Area of the South China Sea to reach China, Japan, South Korea and the United States. In addition, the strong growth of the middle class with increased available income and the strong spread of e-commerce today will be a strong source of demand to drive Vietnam’s logistics market to develop.

According to the report of Savills Vietnam, it is expected that the wave of relocation from China in 2021 and 2022 will require more supply of industrial real estate to meet high-value production investments. This development will fuel the boom in industrial land in all provinces and cities across the country, including those far from the existing industrial capital.

Grasping the market trend, Son Ha pioneered this trend of movement when becoming an investor of Tam Duong I Vinh Phuc Industrial Park project. This is also a stepping stone for Son Ha to affirm to the market the right direction when participating in the field of industrial real estate. In Tam Duong I project, Son Ha Group oriented to develop this place into a modern model industrial park equipped with the most modern systems.

Representative of Son Ha Mr. Nhu Van Hoan Deputy Permanent Director of Son Ha Group shared: “When deciding to become an industrial real estate investor, we aim for a model industrial park to create a breakthrough in the Group’s business strategy. A modern industrial park equipped with technologies invested and developed by Son Ha. All technologies applied to the industrial park come from advanced countries such as Germany, Korea, Japan.”

With the investment in Tam Duong I Vinh Phuc Industrial Park is not only equipped with modern technologies but also towards an industrial park integrating green space, contributing to inspiring workers and environmentally friendly, contributing to solving jobs for workers. , improving the proportion, promoting local development

In the new period, Son Ha takes Hanoi as the center and will expand the industrial real estate network to provinces and cities throughout the country.

With more than 22 years of development, Son Ha has become a multidisciplinary economic group with a leading position in the Vietnamese market. In addition to traditional products, Son Ha Group continues to invest in expanding into the real estate sector in order to complete the multidisciplinary ecosystem. Traditional core product segments are identified with new products in the household goods group; at the same time, new industries such as water industry, renewable energy with Free Solar rooftop solar power products,… invested in development.