Being very well-known for passing through hardships, SONADEZI’s today success is resulted from relentless efforts and enthusiasm of all staffs. Since it was set up 22 years ago, SONADEZI has constantly endeavoured to secure a high position in industrial zone cooperation development sector in Vietnam.
Pioneering developer and operator of industrial zones
State-run SONADEZI has 23 member units engaged in infrastructure, residential and industrial estate, construction and material production, human resource training, and water supply. In Dong Nai province, the corporation developed 11 industrial parks, including 10 in Dong Nai province and one in Ba Ria - Vung Tau province. The firm manages 3,500 ha of industrial parks in Dong Nai province, accounting for 35 percent of the total area. Six IPs have been fully rented by investors and one was leased 90 percent of rentable area. In addition to advantages of synchronous infrastructures and convenient locations, SONADEZI’s IPs are highly appreciated by investors for the balance in investing and environmental protection by building wastewater treatment systems. Good handling of wastes, especially wastewater in industrial zones, helps tenants to obtain green brands to pass technical barriers in demanding markets.
To date, SONADEZI’s IPs in Dong Nai province have attracted 535 investment projects, including 382 FDI projects with a total committed capital of more than US$6 billion, of which US$3 billion has been disbursed. More than 50 projects have registered capital of US$10 million upwards, including FUJITSU, OLYMPUS, CP, Cargill, SANYO, SAMSUNG, SHELL, SONY, SHISHEIDO and NIKE. SONADEZI’s IPs housed nearly 47 percent of FDI projects and over 52 percent domestic investment projects in Dong Nai province. FDI capital in SONADEZI’s IPs makes up 48.6 percent of total investment in industrial zones in Dong Nai province. SONADEZI has created jobs for more than 200,000 workers out of 366,000 labourers in Dong Nai province-based industrial zones.
Sharing the secrets for increasingly shining SONADEZI brand name, President and General Director Do Thi Thu Hang said: “That is our effort to travel with customers, our ability to diversify services, and our determinations to build modern industrial zones that SONADEZI has persistently pursued in the past time. SONADEZI Corporation and its members are committed to providing the market and customers with perfect products and services as expected by customers in SONADEZI Corporation in general and its subsidiaries like D2D, SONADEZI An Binh, SONADEZI Long Thanh, Amata, Dong Nai Water Supply Company, Dong Nai Paint Company, etc.
Grasping opportunities
Following investment orientations adopted by Dong Nai province, SONADEZI gives priority to investment projects using advanced technology and grey matter, having high global competitiveness, causing little impact on the environment. However, in order to attract high-tech projects, SONADEZI must guarantee two key requirements: high quality human resources and good industrial zone infrastructure.
To serve high-tech projects, the availability of high-quality human resources is very important because this is the most important basis when investors make decisions on project locations. For this reason, in 2005, SONADEZI established and put into operation SONADEZI Technology and Administration College to train human resources for Dong Nai province and other localities in the southwest region. This is an engine for SONADEZI and other local IPs to accelerate and enhance the quality of investment attraction. In addition, to catch the upcoming wave of investment, SONADEZI plans to build specialised industrial zones, give priority to environment-friendly projects and step up investment attraction. During the trade promotion programme in Japan from April 8 to 16, 2012, Dong Nai organised two investment promotion conferences Tokyo and Osaka in order to introduce and invite Japanese investors to seek investment opportunities in Dong Nai. SONADEZI Corporation and other infrastructure developers in the province joined the events to introduce its industrial parks for investors. It is certain that appropriate investment policy and deep investment promotion have brought good results to SONADEZI and other infrastructure developers.
Building SONADEZI culture
Bearing in mind that a company not only operates for profit but also serves social and community development, SONADEZI always shares its boons with the community, actively joins social security programmes and activities, and takes care of the poor. Since 2010, the corporation has donated more than VND12 billion for charitable and social development activities. Especially, in the past three years, SONADEZI and its member companies carry out the philanthropic "millions of golden heart" programme innovatively, systematically and effectively. This charity programme is hailed by the people and the government of Dong Nai province. It helps the poor with the chance to strive for a better life. For SONADEZI, the involvement of member companies in this programme is seen as a great success in building SONADEZI culture.
Towards multi-business conglomerate
Core values that SONADEZI are striving for are to become a multi-industry conglomerate with the core business being industrial and residential property, thus increasing its contributions to socioeconomic development of Dong Nai province. From now to 2015, SONADEZI Corporation will continue restructuring and enhancing performance to become a powerful developer and operator of industrial and urban real estate with mutually supporting products and in greater scale. The corporation’s development will help realise the goal of building Dong Nai into a major industrial and service centre in the southern region by 2015.
In this period, SONADEZI expects to see annual growth rate of 15 percent or higher and attract US$500 million - US$1 billion of foreign investment into its industrial zones. Besides, the corporation will reshuffle its affiliates into four groups of business: industrial and civil real estate; construction and building material; service and supporting products; and water supply. The cooperation and coordination of affiliates will be strengthened to add internal forces to bring SONADEZI brand name to a new shining level.
Cong Luan