Long An: A Strategic Hub for Industrial Expansion
Long An Province is making waves as a burgeoning industrial and logistics hub in southern Vietnam. As businesses seek to tap into the dynamic markets of Southeast Asia, Long An is standing out as an attractive locale for both international and local companies in sectors like e-commerce, retail, logistics, and manufacturing. The province reported an impressive economic growth rate of 6.82% in the first nine months of 2024, underscoring its significance in Vietnam’s broader economic landscape.
Prime Location and Connectivity
A significant factor contributing to Long An’s appeal is its strategic location. Situated close to Ho Chi Minh City, the province enjoys unparalleled accessibility to major transportation routes and ports. With facilities such as Long An International Port, Cat Lai Port, and Cai Mep Port, the region is well-positioned to facilitate trade and logistics, making it easier for businesses to move products efficiently and economically.
Competitiveness in Labor and Land
Another compelling aspect of Long An is its competitive labor market. The province offers a workforce that is not only skilled but also cost-effective, providing a compelling case for companies looking to establish or expand their operations. Moreover, the availability of affordable land and rental properties creates a conducive environment for industrial growth. Businesses can find the right balance between minimizing costs and maximizing exposure to the burgeoning markets of Southeast Asia.
Rising Demand for Warehousing and Manufacturing
As e-commerce continues to grow at an exponential rate, the demand for modern warehousing and manufacturing solutions is increasing significantly. Vietnam’s industrial real estate market is expanding, fueled by foreign investments seeking to capitalize on the country’s rising status as a manufacturing and logistics epicenter.
SLP Vietnam’s Role in Industrial Real Estate
SLP Vietnam has emerged as a prominent player in this arena, offering a diverse portfolio of modern facilities built to meet the demands of both local and international firms. With 11 industrial sites across six key provinces, encompassing nearly one million square meters, SLP provides a mix of ready-made and customizable warehousing and factory options. These facilities are developed according to international standards and incorporate Environmental, Social, and Governance (ESG) requirements, ensuring they are both operationally efficient and sustainable.
Highlighting Key Facilities
In Long An, SLP Park Xuyen A and SLP Park Long Hau are shining examples of the valuable assets in the company’s portfolio.
-
SLP Park Xuyen A: This site serves as an ideal hub for urban distribution, particularly for businesses in the booming logistics sector. Its location provides convenient access to Ho Chi Minh City and key southern ports, which eases operational challenges while reducing delivery times and shipping costs.
-
SLP Park Long Hau: This facility demonstrates SLP’s commitment to sustainable and effective development. With LEED certification, it features eco-friendly elements such as solar panels and optimized spaces for warehousing and production. The design ensures tenants benefit from natural lighting and seamless access for vehicles, enhancing operational efficiency.
Comprehensive Support for Investors
Dinh Hoai Nam, Director of Business Development and Commercial at SLP, emphasizes the company’s holistic approach to servicing its clients. “At SLP, we provide not only top-tier facilities but also a premium customer experience,” he notes. The company’s One-Stop Service Station is specifically designed to assist foreign investors seeking to enter the Vietnamese market. From regulatory navigation to employee optimization, SLP is dedicated to equipping businesses with the tools they need for success.
Future-Proofing Industrial Growth
As Vietnam’s economy flourishes, particularly in sectors like logistics, e-commerce, and manufacturing, SLP Vietnam is positioning itself effectively within the industrial real estate landscape. By focusing on sustainable solutions and comprehensive support, SLP is prepared to meet the evolving needs of businesses. The company’s commitment to creating strategic locations with modern facilities underscores its intent to not just respond to current demands but also to anticipate future market trends.
Additional SLP Facilities Across Vietnam
Beyond Long An, SLP has various standout projects across Vietnam.
-
SLP Park Nam Son Hap Linh: Completed in 2023, this Grade A facility in Bac Ninh is strategically located near major highways, making it ideal for industries like electronics and fast-moving consumer goods (FMCG).
-
SLP Park Yen Phong: This facility in Bac Ninh’s Yen Phong I Industrial Park serves as a logistics and industrial hub with easy access to Noi Bai Airport and key transport routes.
-
SLP Park Xuyen A: Located in Ho Chi Minh City’s Northwest, it provides Grade A logistics facilities with direct access to critical transport routes, serving the needs of FMCG, e-commerce, and third-party logistics companies.
Long An, with its strategic advantages, competitive environment, and commitment to modern industrial solutions, is poised to play a pivotal role in Vietnam’s commercial success for years to come. For more insights into this dynamic region, follow SLP Vietnam on WeChat: SLP普洛斯越南.