THE GROUNDBREAKING CEREMONY OF THE 05 BW HAI DUONG PROJECT – EXPANDING THE STRATEGYTO ACHIEVE THE GLOBAL RANKING
Following the success of project 08 BW Thoi Hoa, the investor BW Industrial Development Joint Stock Company (BW) continues to engage Newtecons with the bidding package for the 05 BW Hai Duong Project, which has a total construction area of 63,000sqm and three 35,000sqm factories.
The 05 BW Hai Duong project’s located in Vietnam Singapore Industrial Park (VSIP)
In Vietnam, industrial real estate is a rapidly expanding industry. The demand of big domestic and foreign corporations on leasing land and factories shows no signs of abating. BW was successful in leasing ready-built factories with international standards in the major industrial parks in Vietnam for industrial development.
BW currently owns 600 hectares of land in 8 provinces with 30 projects. In particular, 08 BW Thoi Hoa project was implemented and handed over by General Contractor Newtecons, confirming the General Contractor’s quality and prestige and making preparations for this collaboration.
the 05 BW Hai Duong project was officially launched on December 29, 2021 with the participation of representatives of the Investor, General Contractor Newtecons and representatives of the supervisor, the Vietnam Institute For Building Science And Technology (IBST).
Mr. Michael Chan, BW Investor’s Sales Manager for the North Region, said at the ceremony, “Congratulations to Newtecons on becoming the General Contractor of this project.” This is the first time BW and Newtecons have collaborated in the Northern region. BW plans to construct an additional 1 million m2 of the factory for lease in 2022, Newtecons is one of the General Contractors that BW has always trusted; there will undoubtedly be many more opportunities for collaboration in the future.
Mr. Hoang Phuong Lam, CEO of Newtecons, thanks to the Investor’s message of long-term cooperation, “As a general contractor, Newtecons will do its best to ensure the project successfully finish on time, reach to the highest quality and perfect safety. We hope that all stakeholders will work together for completion. I am confident that the project will make significant contributions to Hai Duong’s economic development.”
Many quality criterias are specified for the construction of leasing factories, requiring the general contractor to assure everything from the roof height to the foundation load to the power supply, water and wastewater treatment systems, etc. One of the most significant criteria is the supper flat floor standard, which needs the General Contractor to have rich experience in order to complete.
Newtecons has proven its ability through several leasing factory projects under standard pressure from three parties: the Investor, the Supervisor, and the Lessee. Understanding the lessee’s requirements, cooperating with the Investor, Newtecons always has a plan to ensure current international standards, meet the lessee’s needs with the optimal solution for design and construction.
BW is expected to become Vietnam’s leading rental industrial real estate unit, contributing significantly to the development of the field as well as the country’s overall economic development. Newtecons is pleased to collaborate with BW on leasing factory projects that meet international standards.