Developing eco-industrial parks towards net zero emissions was the focus of discussions during a recent seminar held in Hai Phong city’s Nam Cau Kien industrial zone by the Mekong ASEAN Magazine under the Vietnam-ASEAN Association for Economic Cooperation Development.
Spikes in rent scaring away industrial zone tenants 09:00 | 07/01/2021
The supply of industrial land and real estate has so far not kept up with the ever-rising demand from manufacturers and investors, leading to price hikes like never before.
The demand for land, factories, and warehouses surged, causing rents in industrial zones to rise even further, photo Le Toan
The current rapid and high rise in rents at industrial parks and factories is creating great pressure on manufacturers and may deter investors who are looking for profitable properties to realise their projects.
A representative of one company said the high rent increases are significantly impacting the manufacturing system.