NEW ALLIANCE SIGNS DEAL TO PROMOTE INVESTMENT IN DUC HOA 3 IP

09/05/2024

Him Lam JSC, Truong Son Land JSC, Core8 Information Australia Pty Ltd (Core8 Australia), and Vietnam International Estate Holdings PTE.LTD. (VIEH Singapore) signed a cooperation agreement in August to promote investment in Duc Hoa 3 Industrial Park (IP) in the southern province of Long An.

The parties aim to lure investors and customers to jointly rent land and develop component projects at Duc Hoa 3 IP and an urban township in Duc Hoa district, Long An.

At the meeting, representatives of Him Lam, Truong Son Land, Core8 Australia, and VIEH Singapore expressed their trust and highly appreciated the close partnerships towards shared goals and development orientation. The focus of the alliance is to create a dynamic ecosystem to promote innovation, partnerships, and sustainable growth in high-tech industries, especially biotechnology and semiconductors.

The alliance aims to attract semiconductor and biotechnology companies from Taiwan to set up manufacturing facilities in Duc Hoa 3 IP. By taking advantage of Taiwan’s leading position in the high-tech industry, Duc Hoa 3 IP is expected to become a centre for knowledge transfer and cross-border partnerships among industry companies.

Duc Hoa 3 is oriented to become a green, clean, and modern IP. Over 700 hectares of the IP land will be covered by the alliance. Him Lam will act as the developer, while Truong Son Land is responsible for sales. Situated in a strategic location close to Ho Chi Minh City, the project has access to an abundant workforce and boasts synchronous transport with convenient regional connectivity to quickly travel to ports, airports, and the Moc Bai border gate.

Boasting superior advantages, the alliance of Him Lam, Truong Son Land, Core8 Australia, and VIEH Singapore is expected to create a major breakthrough in market expansion, and Duc Hoa 3 IP will have opportunities to welcome a wave of local and foreign investments.

Him Lam and Truong Son Land are committed to maintaining the highest sustainability standards, innovation, and corporate responsibility. By providing modern infrastructure, cutting-edge facilities, and a supportive investment climate, Duc Hoa 3 IP is gradually becoming an ideal destination for the world’s leading corporations.

The cooperation agreement marks a new milestone in Vietnam’s industrial real estate and technology markets. With a vision to build a dynamic ecosystem to foster collaboration and sustainable development, Duc Hoa 3 IP will become a manufacturing hub connecting regional and international trade. As a result, the project will contribute to provincial economic growth, and promote the rapid urbanisation and industrialisation of Long An province, the southwest region, and the entire country.

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