The Japanese capital flow into Vietnam has continued increasing. However, Japanese companies are hesitant about the poor infrastructure conditions in the country. ViB Forum interviewed with Mr Dang Thanh Tam, Chairman and CEO of Saigon Invest Group (SGI), on this issue.
The planning and investment for the development of industrial park infrastructure are of special concern for investors. So, how do industrial parks in which Saigon Invest Group is a major shareholder and operator address this issue?
Saigon Invest Group (SGI) is a top industrial zone developer in Vietnam. At present, we operate nearly 20 industrial parks throughout the country, but mainly in key economic zones – around Hanoi, Danang and HCM City. This planning is in tune with the policy of balanced development of industrial zones among the three regions in the country.
Currently, we are developing a series of new industrial zones around Hanoi, about a one-hour drive, for production companies. We are building Quang Chau Industrial Park in Bac Giang Province, Yen Phong Industrial Park 2 in Bac Ninh Province, Ninh Hong Industrial Park in Ha Tay Province, and Trang Due Industrial Park in Haiphong City. In the central region, we have Hoa Khanh and Lien Chieu industrial parks, Chan May, Dung Quat and Nhon Hoi economic zones. Our industrial zones are well-designed and developed, based on experience from the development of earlier ones.
Arguably, foreign investors, especially Japanese and Americans, are very strict in selecting investment locations because they have high requirements for infrastructure conditions in industrial zones. With the business philosophy “The success of the investor is the success of the industrial park,” we think that not only infrastructure but other factors affect the success of investors, such as service systems, investment advisory, professional behaviour and service quality. Thus, our industrial parks, particularly Que Vo, have attracted top Japanese firms such as Canon, Mitsuwa and Toyo Ink.
What can you tell us about the roadmap for investors who wish to invest in SGI-developed industrial parks and the advantages of these industrial parks?
At present, SGI has nearly 20 industrial parks for production companies. These industrial parks are located near airports, seaports and urban hubs in Vietnam. Easy access to traffic systems and human resources will facilitate the success of investors. When investors come to our industrial parks, they will be satisfied with everything because we have professional, dynamic and dedicated staff who help investors get advice and complete investment procedures, free of charge.
Our land fund and infrastructure are capable of meeting investors’ demand. SGI has a nationwide network of industrial zones which can meet diversified demand from investors.
In what projects is SGI currently calling investment?
Currently, we have a series of big projects such as a windpower project in Binh Dinh Province, a new urban zone in Phuc Ninh, Quang Chau District, Cat Lai, a five-star hotel in Hanoi, modern software centres in Hanoi and Ho Chi Minh City, and others.
Do Ngoc
Vietnamese
