2021-11
08
08, 11, 2021

AFTER GROUND-BREAKING, NEWTECONS AND VIETNAM INDUSTRIAL PARKS RAPIDLY ADVANCE TO COMPLETE THE EPS FACTORY PROJECT IN HO NAI INDUSTRIAL ZONE, DONG NAI

The movement of major corporations, dubbed “Queen Bees,” has triggered a chain reaction in the relocation of the entire supply chain, propelling Vietnam to the forefront in Southeast Asia for foreign investment attraction due to its liberal investment policies. Serving as the General Design and Construction Contractor, Newtecons, in collaboration with the Investor of Vietnam Industrial Parks, has established the groundwork for a series of high-quality industrial real estate projects, starting with the EPS Factory Project. Spanning 1.5 hectares within the 16.3-hectare expanse of Ho Nai Industrial Zone, the project is slated for completion by the end of 2022.

Comprehensive aerial view of the 16.3-ha. Ho Nai Industrial Park project in Dong Nai province

Leveraging nearly two decades of rich experience, Newtecons has executed numerous factory construction projects nationwide. The company offers innovative construction solutions to investors, ensuring time efficiency, aesthetic and technical excellence, and capital optimization.

In the initial phase, Newtecons embarked on the design and construction of the 1.5-ha. EPS factory.

Resuming post-COVID-19 distancing measures, the project management team swiftly mobilized construction efforts, engaged in negotiations with suppliers and subcontractors, and motivated the workforce towards high productivity. The project is in the final stages of laying the foundation and developing infrastructure, with a focus on maintaining schedule adherence and quality standards.

Aerial view of the project

he Ho Nai Industrial Zone Project boasts a strategic location, acting as a nexus to vital transportation links: it offers easy airport access, seamless connectivity to international ports, and proximity to Ho Chi Minh City.

Newtecons and the project management team are committed not only to constructing the project with concrete and steel but also to building it on the pillars of trust, reputation, and quality. This initiative lays the foundation for a prolonged, mutually supportive partnership between Newtecons and Vietnam Industrial Parks.

The project management team is focused on leveraging all resources to maintain timely construction progress with unwavering determination

“Vietnam Industrial Parks is honored to partner with Newtecons for the Ho Nai Industrial Zone project. We aim to sustain a long-term and durable relationship with Newtecons for upcoming projects,’” expressed a representative from Vietnam Industrial Parks.

According to JLL Vietnam’s Q2/2021 report, the industrial land leasing market in the South (comprising Ho Chi Minh City, Binh Duong, Dong Nai, Ba Ria – Vung Tau, and Long An) spans a total of 25,220 hectares. Industrial parks boast an occupancy rate of 85%, with ready-built factories at 86%. Vietnamese industrial real estate is considered the prime investment destination in Southeast Asia. Positioned at the vanguard of trends, the Ho Nai Industrial Zone project in Dong Nai is set to draw significant investor and customer interest.

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