Actis and An Phat Holdings: A Strategic Alliance for Sustainable Growth
In a significant move for the Southeast Asian industrial sector, Actis, a prominent global investor specializing in sustainable infrastructure, has joined forces with An Phat Holdings, a leader in advanced technology and environmentally-friendly plastic production. This partnership marks a remarkable step towards redefining industrial landscapes in Vietnam, particularly with the joint development of the An Phat 1 Industrial Park.
Investment Overview: A $20 Million Commitment
Actis is channeling over $20 million into a joint venture with An Phat Complex, a subsidiary of An Phat Holdings, specifically aimed at the development of the An Phat 1 Industrial Park. This financial commitment underscores Actis’s dedication to fostering sustainable infrastructure while facilitating An Phat Holdings’ ambitions in the industrial sector.
Expanding Horizons: Ready-Built Factories and Warehouses
Beyond the initial investment, the partnership includes a strategic collaboration to create ready-built factories and warehouses (RBF/RBW) for lease, valued at an impressive $250 million. Such infrastructure will provide essential support to manufacturing entities and streamline operations for companies looking to establish or expand their presence in Vietnam.
A Response to Global Manufacturing Shifts
This partnership is timely, as it aligns perfectly with the current trend among global manufacturers to diversify supply chains. The disruptions caused by the COVID-19 pandemic have pressed many companies to reconsider their logistic frameworks, leading to the emergence of the “China Plus One” strategy. This strategy encourages manufacturers to set up facilities outside of China, thereby mitigating risks associated with over-reliance on a single location.
Ideal Location: Hai Duong Province
The An Phat 1 Industrial Park is strategically located in Hai Duong province, a tier-1 industrial city that lies at the heart of Vietnam’s Northern Key Economic Zone. This prime location offers various advantages, including a skilled workforce, robust infrastructure, and excellent highway connectivity to major deep-sea and air ports. Its proximity to the Chinese border further enhances its value as a site for international trade and collaboration.
The Vision for An Phat 1 Industrial Park
Spanning an impressive 180 hectares, An Phat 1 Industrial Park aims to become a leading sustainable high-tech industrial hub in Hai Duong. The park is designed to accommodate a diverse range of sectors, including electronics, food and beverage, and injection molding, among others. This multi-sectoral approach aims to create a balanced economic ecosystem that promotes innovation and sustainable practices.
Facilities and Support for Manufacturers
One of the standout features of An Phat 1 Industrial Park is its commitment to providing well-managed industrial park facilities. The infrastructure and services offered will cater to both hard and soft needs of manufacturers on-site, ensuring that they have the resources necessary to optimize their operations. This environment will contribute significantly to establishing Hai Duong as a preferred destination for new businesses.
A Proactive Step Toward Sustainability
The collaboration between Actis and An Phat Holdings not only emphasizes economic growth but also highlights a shared commitment to sustainability. By investing in environmentally-friendly practices and innovative technologies, both companies are setting a benchmark for future industrial developments in the region. Their partnership will pave the way for a more sustainable and efficient manufacturing landscape in Southeast Asia.
Through this strategic alliance, Actis and An Phat Holdings are poised to have a lasting impact on the regional industrial sector, driving both economic development and sustainable practices for years to come.