Gaw NP Industrial to open its first ready-built-factory this October

HO CHI MINH CITY, Vietnam, Sept. 28, 2020 /PRNewswire/ -- The GNP Yen Binh – Industrial Center, a project of Gaw NP Industrial (GNP), is welcoming visitors to its site, a 13-hectare industrial center located in Pho Yen district of Thai Nguyen city in the north of Vietnam.

The first Block 1A of GNP Yen Binh will be completed in the middle of October
The first Block 1A of GNP Yen Binh will be completed in the middle of October

GNP is offering premium ready-built-factory (RBF) space, which will be tailored to suit any RBF requirements for first-class tenants, within one of the country's leading industrial zones at Thai Nguyen - noted for its attractive investment policies and proximity to key freight routes.

Strategically placed within reach of the capital, Vietnam - China border, Nội Bài International Airport, and three major highways connecting to Vietnam's deep-water ports, GNP is preinstalled with complete operational infrastructure to optimize the investors' initial outlay. The factories feature fire sprinkler systems and completely open factory floor plans with no internal columns. Tenants can also rely on all-in-one supporting facilities such as 129m-long consecutive canopy, 400-seat indoor staff canteens, 25-27-meter-wide internal roads, and a standing sewage treatment plan for heavy operations.

GNP is backed by Gaw Capital Partners -- a dominant real estate private equity with a global portfolio of over USD 36 billion, with a commanding experience in developing and operating one million sqm of industrial assets in China and a vast network of industrial tenants.

Drawing from Gaw Capital Partners' global track record of developing and operating almost 1 million square metres of industrial space, GNP expects to develop its business in the Vietnamese market with services for warehousing, leasing, and managing assets. Its target tenants are investors and manufacturers in machinery, electronics, automobile, and garments.

With the recent ratification of the EVFTA eliminating almost all tariffs between European and local markets, the numerous attractions to corporate sharks in the region, including Samsung, LG, Panasonic, Intel, Pegatron, Qisda and Wistron, GNP believes that Viet Nam is now better placed than ever before to offer foreign investors the benefit of its strategically positioned logistics and transport systems.

About GNP Yen Binh - Industrial Center:

  • Product: Ready-Built-Factories for Lease
  • Two phases:
    • Phase 1: ~45,000 sqm
    • Phase 2: ~45,000 sqm
  • Expected completion: 1H 2021
  • What we offer:
    • Rent free & fit-out period
    • Competitive rental rates
    • Flexible lease terms
    • All-inclusive facilities
    • Seamless one-stop-shop leasing process

Visit our website for more information.

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