Companies suggest insurance policies to speed up the inexperienced transformation of business parks – Photograph: NGOC HIEN
On the Vietnam Industrial Actual Property Discussion board 2024 organized by Dau Tu newspaper on July 30, specialists “supplied recommendation” for Vietnam to speed up attracting new technology FDI funding.
Have to construct inexperienced industrial zones
Mr. Vu Van Chung, Deputy Director of the Overseas Funding Company (Ministry of Planning and Funding), stated that the Authorities is resolutely reforming establishments, enhancing the enterprise funding setting and constructing insurance policies to draw funding in new industries resembling semiconductors and high-tech synthetic intelligence (AI). The Authorities has even established working teams to work immediately with traders with the intention of attracting and constructing insurance policies to help funding.
To ensure that know-how “eagles” to decide on Vietnam, Mr. Chung stated that the problem that industrial parks and industrial park builders should meet is to enhance the standard of business parks, improve scale, have extra fashionable and synchronous infrastructure, and guarantee a greener setting…
As well as, Mr. Chung stated that the Ministry of Planning and Funding is advising the Authorities to construct a mechanism to selectively entice funding associated to the Al and semiconductor industries, and when accredited, this can be an excellent useful resource to draw overseas funding.
Mr. Hardy Diec, CEO of Vietnam Industrial Park Group, stated that Vietnam is within the sights of many multinational corporations, however FDI enterprises are nonetheless hesitant because of some administrative limitations.
Mr. Hardy Diec commented that if these limitations are damaged down, FDI “eagles” will pour into Vietnam, bringing with them a whole ecosystem, serving to Vietnam compete higher.
As well as, Mr. Hardy Diec assessed that greening can be a pattern that FDI traders are concerned with, so there needs to be industrial parks that concentrate on inexperienced setting, take note of ESG (setting, society and governance), cut back carbon emissions…
Companies prioritize renting in inexperienced industrial parks
Ms. Le Thi Huyen Trang, Senior Director of Analysis and Consulting (JLL Vietnam), commented that Vietnam is at a turning level in attracting semiconductor enterprises and Vietnam must do it quicker as a result of different nations are additionally competing. In keeping with Ms. Trang, the inexperienced conversion of business parks is expensive within the early phases, and there must be help by way of capital and insurance policies to place the greening mannequin into follow.
In the meantime, Mr. Paul Tonkes, Deputy CEO of Industrial Actual Property (Indochina Kajima Growth Firm), assessed that the pattern of sustainable improvement and greening is more and more attracting the eye of business park builders and in follow, many shoppers search out industrial parks due to the “greenness” and “sustainability” of the venture.
In keeping with Mr. Paul Tonkes, finding factories in inexperienced tasks will assist companies notice inexperienced improvement objectives, offset emission taxes, and open export doorways to markets with excessive necessities for environmental certificates.
Proposal for coverage for inexperienced transition
Mr. Paul Tonkes proposed that there needs to be insurance policies and mechanisms to encourage inexperienced improvement and sustainable improvement, thereby serving to traders grasp the route and be extra assured when investing and changing inexperienced for industrial park tasks.
“The necessity for inexperienced transition is rising stronger, if earlier than it was nonetheless an possibility, now it’s a obligatory route. Suggestions from tenants exhibits that vitality is an enormous difficulty that companies are very concerned with, particularly semiconductor companies. Within the present context, rooftop solar energy is an efficient resolution for traders,” stated Mr. Paul Tonkes.
Ho Chi Minh Metropolis prioritizes attracting high-tech funding
