WHA Industrial Zone 1 - Nghe An Creating Fresh Impetus to Attract New Investment

2:32:36 PM | 14/1/2020

As the first industrial zone investment project of Thailand’s WHA Group in Vietnam, WHA Industrial Zone 1 - NgheAn is a strong testament of the Group’s commitment to Vietnam and Southeast Asia. The project has created a new momentum for investment in NgheAn province in particular, and the North Central Coast region in general.

Sustainable industrial zone model

Strategically located in the Dong Nam Economic Zone, WHA Industrial Zone 1 - NgheAn is one of the largest industrial parksin the North Central Coast region, covering an area of ​​3,200 ha.

WHA IZ 1 – Nghe An offers its local and international investors well-developed land, ready-built factories, warehousingfacilities, maintenance and waste management. It features world-classinfrastructure, utilities and communication systemsthatoptimize industrial production efficiency. LED bulbs have been installed in all streetlightsto reduce energy consumption. A wastewater treatment plantand drainage system have been built to ensure proper waste management. In addition, an environmental monitoring system,operated by WHA Group experts and professional managers, has been set in placeto track environmental data.

Ideal destination for investors

An ideal investment location for companies seeking to start a new business or expand their operations in Vietnam, WHA IZ 1 – NgheAn has been designed to become a facility of international standards capable of offering a one-stop service.This enables customers to launch their projects immediately, thus significantly saving time.

To meet investors’ expectations and providethem with development opportunities, WHA Group has always focused on the quality of infrastructure construction and maintenance, includingtraffic management, power grid, water supply and drainage, and wastewater treatment, built according to environment-friendlystandards.

Target industries in WHA Industrial Zone 1 - Nghe An

- Industrial: Automotive, plastics, light metals, garment and textile, building materials

- Consumer goods: Food processing, beverages, value-added agriculture, fast moving consumer goods (FMCG), electrical appliances

- Technology: Electronics, medical equipment assembly, software, smartphones, communication devices

- Logistics: Cold storage, inland container depot, modern warehouse logistics, freight transport shipping

Aside from modern utilities, WHA IZ 1 – Nghe An provides comprehensive and convenient services to customers and their employees,such as banking, health facilities, post office and telecom services, as well as round-the-clock security features such as fire protection.

WHA IZ 1 – NgheAnis expected to be a strong magnet for investors in 2020. They will benefit from the most favorable conditions for doing business, with competitive rents and flexible payment methods; building factories at a reasonable cost; enjoying tax incentive policies, procedural support, construction procedure support and labor recruitment support. Customers not only get support from WHA to carry out their projects but also get active support from local authorities to facilitate procedures.

In the future, WHA Group will continue to investin infrastructure to expand a clean, green and environment-friendlyindustrial park in a sustainable manner. It will continuously improve service qualityand deliver maximum support to attract domestic and foreign investors.

“WHAIZ 1 - NgheAn not only aims to effectively entice FDI flows but we also want to balance this with sustainable environmental protection. Hence, we always prioritize projects using advanced technology, modern and environment-friendly machinery and equipment, strictly adhering to environment laws and upholding responsibility to the community and the society,” said Mr. David Nardone, CEO and Vice Chairman of WHA Group’s Board of Directors.

In 2020, Vietnam will assume ASEAN Chairmanship and enforce important next-generation free trade agreements (FTAs), inclusion and balanced interests like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU - Vietnam Free Trade Agreement (EVFTA), which are expected to bring ininvestors to Vietnam. WHA Group is determined to strengthen its presence in the North Central Coastregion, a strategic location in the region's production development.

Mr. David Nardone declared,“In 2020, WHA IZ 1 - NgheAnwill complete Phase 1. We are prepared for the coming investment inflow and construction boom. WHA Group will participate inthe bright socio-economic future of NgheAn province. Endowed by NgheAn province’s advantages, WHA Group is committed to doing long-term business as a true corporate citizen of this province.”

WHA Industrial Management Services Co., Ltd

NgheAn Office: Telephone: (+84) 238 222 9999; Address: Lot AC1-1, WHA Industrial Zone 1 - Nghe An, Nghi Long Commune, NghiLoc District, Nghe An Province, Vietnam

Hanoi Office: Telephone: (+84) 243 574 6999; Address: 11th Floor, Daeha Business Center, No. 360 Kim Ma Street, Ba Dinh District, Hanoi.

E-mail: invest@whavietnam.com

www.whavietnam.com

Ngo San (Vietnam Business Forum)