Analyst Pin-board: Statistical Update on Industrial Zones
Jones Lang LaSalle has released its update on the current status of industrial hubs across Vietnam. Most industrial zones are operated by several longstanding names such as: Sonadezi, Becamex, Viglacera, IDICO and KBC. These developers possess a huge land bank across the country. The research compared statistically land area as well as industries operated between regions. The northern region is a reasonable destination for companies that shift their manufacturing out of China. The region has a relatively developed infrastructure, thus making transportation from China affordable. Warehouse leasing activity is interesting due to steady demand from hi-tech enterprises and logistics firms who need a large area for stocking. The asking rent is around USD4.1/sqm/month, 30% higher than that of the southern region.
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