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South Dinh Vu IZ II breaks ground

Released at: 17:02, 14/12/2015

South Dinh Vu IZ II breaks ground

Ceremony marks beginning of construction of new industrial zone in Hai Phong.

by Minh Tien - Tran Ky

A breaking ground ceremony was held on December 14 for the South Dinh Vu Industrial Zone II - Deep C II and the Gateway Commercial and Logistics Business Centre - CDC Hai Phong, in northern Hai Phong city.

The ceremony was attended by H.E. Jehanne Roccass, Ambassador of Belgium to Vietnam, and representatives from the Ministry of Planning and Investment, the Hai Phong People’s Committee, local authorities, and investment promotion agencies.

The Dinh Vu Industrial Zone has more than 55 multinational projects, attracting almost 30 per cent of the total foreign direct investment (FDI) in the city. Deep C II covers a total area of nearly 650 ha and infrastructure is to be quickly completed and land of more than 40 ha handed over to tenants in 2017.

The remaining two components of the Deep C cluster are the Gateway Industrial Zone (Deep C III) of nearly 500 ha on Cat Hai Island and the Tien Phong Industrial Zone (Deep C IV) in Dam Nha Mac, Quang Ninh province.

Together these industrial zones make up a cluster of over 2,000 ha, nearby Lach Huyen Deep Sea Port, Dinh Vu Port, and Cat Bi International Airport, and directly connected to the new Hanoi - Hai Phong Expressway and the Tan Vu - Lach Huyen Bridge.

The same utilities at the Dinh Vu Industrial Zone will be executed in the Deep C cluster, with underground power networks connected to the national grid, certified waste water treatment services, and reliable water supplies and drainage systems.

With the success of the Dinh Vu Industrial Zone the Belgian investor, Rent-A-Port, decided to expand in the city by developing the South Dinh Vu Industrial Zone II - Deep C II, creating the Deep C industrial cluster in the area.

Deep C II is proud that though still in its early development stages it has welcomed the CDC International Corporation, one of the leading companies in Qatar in coastal industrial and urban area development, as its first FDI tenant.

The Gateway Commercial and Logistics Business Center in Deep C II, with total investment of approximately $2.2 million, will develop office buildings and open storage space for lease. After receiving an investment license in June this year the project is now scheduled to begin commercial operations in January 2017.

As highlighted by a representative of the Hai Phong People’s Committee, the ceremony marks an important milestone and affirms the commitment of the Belgian investor to Hai Phong. City authorities have committed to providing the most favorable conditions possible for the development of the Deep C industrial cluster and its investors.

Mr. Marc Stordiau, Chairman of South Dinh Vu II/Deep C II, said that the corporation will continue to deliver the same quality and reliability in infrastructure development, utilities, and services provision as those enjoyed by existing tenants at the Dinh Vu Industrial Zone. Putting all these elements together, tenants at the Deep C industrial zones will be in one of the best locations in Vietnam, just a short distance away from infrastructure and utilities of international standard.

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