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Vietnam Property Listing - rent House Villa - Expat Ho Chi Minh - office for lease
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Dinh Vu Econ Zone - map.jpg
Dinh Vu Econ Zone - map.jpg 
  • Dinh Vu Econ Zone - map.jpg   
  • Dinh Vu Econ Zone - plan.jpg   
Our Ref. Numer: 306
Type: Industrial
Featured: No

Located 5km from Hai Phong City center; 2km from Hai Phong port; 12km from Cat Bi airport; 8km from the central railway station; and adjacent to the end point of National Highway 5 ( which has been up-graded to 4 carriage-way road with Japanese ODA), this USD$80 million 1997 3-party 70/30 JV between HEPIZA, the Belgian International Port Engineering & Management Company and American Insurance Group (AIG), covering 1,152 hectares.

The JV has an ambitious plan to turn the Dinh Vu peninsula into a modern industrial centre with an economic complex covering over 1,177 hectares including a 680 hectare IP, a 137 hectare deepwater port, and 79 hectares for residential, public services and commercial complex. Located in the north of Vietnam, Dinh Vu peninsula is considered a strategic location to investors and generally considered one of the region's most interesting sites for industrial real estate. The area has excellent hinterland connections, consisting of roads and railways that will extend to the DVEZ, a seaport (currently under construction), inland waterways and access to the nearby Cat Bi airport. In 2004 extensive infrastructural projects worth USD$5.4 million were started in an effort to attract petro-chemical investors including an enlargement of the zone's liquid jetty system and a deepening of the channel to allow 10,000 dead weight tonne vessels. More than $30 million had been spent on infrastructure development and over 10 tenants have leased land worth USD$94 million to occupying over 30% of the 1st phase's 164 hectares. The park is also reportedly finalising leasing contracts with several industrial projects, worth a combined USD$140 million. Tenants include Caltex, PetroVietnam, Proconco, Lam Thao Fertilizers & Chemicals (Lafchemco), and Producing & Trading Metal JS Co (Ptramesco).

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More Information
Regional: Northern Key Economic Region-NKER
City/Province: Hai Phong

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The information contained herein is believed to be true but does not form part of any future contract. Although obtained from sources we deem reliabel, we assume no responsibility and no warranties are made or implied regarding any errors, omissions, prior sale or withdrawal from the market without notice and the purchaser will need to make their own enquiries and independent investigations as to the facts and suitability of the property for their intended use or purpose.
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