November 18, 2024 | 08:30 GMT+7

SLP drives Northern Vietnam’s industrial expansion with strategic infrastructure

Diep Linh -

Northern Vietnam's industrial growth accelerates as SLP develops modern, sustainable facilities to meet rising demand from global businesses.

As Northern Vietnam cements its role as a major industrial hub in Southeast Asia, localities such as Hai Phong, Bac Ninh, and Hung Yen are increasingly sought after by sectors including electronics, automotive, logistics, and e-commerce. This transformation is driven by the region's strategic location, skilled labor force, and growing infrastructure. The demand for modern logistics and manufacturing facilities is rising, prompting developers to focus on creating high-quality, sustainable industrial spaces.

Rising demand for advanced industrial facilities

Northern Vietnam is uniquely positioned to meet global supply chain demands, thanks to its proximity to China, access to major Southeast Asian markets, and rapidly improving transportation networks. Businesses are now seeking warehouses and factory spaces that are not only efficient but also adaptable to advanced technologies and sustainability requirements.

SLP, a prominent industrial developer, has stepped up to meet these needs with state-of-the-art facilities across Northern Vietnam. Its projects, including SLP Park Hai Phong, SLP Park Bac Ninh, SLP Park Yen Phong, and SLP Park Nam Son Hap Linh, are designed to support diverse industrial operations, offering energy-efficient features like LED lighting, skylights, and motion sensors to optimize operations while reducing environmental impact.

SLP Park Hai Phong
SLP Park Hai Phong

Strategic locations for industrial success

SLP's parks are strategically located within Vietnam's economic hotspots, providing businesses with direct access to major transportation routes and logistics hubs. For example, SLP Park Hai Phong is situated near one of Vietnam's busiest ports, making it a prime choice for distribution and cross-border trade.

This location recently became the site of Northern Vietnam's first bonded warehouse, developed in partnership with logistics giant Maersk. The warehouse, operational since October 31, reflects Maersk’s strategy to strengthen its presence in the region. It caters to companies like Amazon, enhancing storage and distribution capabilities.

Speaking at the bonded warehouse grand opening on October 31, Mr. Kevin Burrell, Area Managing Director of Maersk Mekong (Vietnam, Thailand, Cambodia, Myanmar), expressed his impression of the SLP Park facilities, noting their world-class standards and alignment with Maersk's capabilities and operational needs.

“We are proud to be Maersk’s partner in Vietnam,” said Mr. Edwin Chee, Chief Operating Officer at SLP. “Their choice of SLP Park Hai Phong for the first bonded warehouse in Northern Vietnam is a testament to the strategic advantages of our locations and our commitment to providing high-quality, flexible spaces that meet the needs of global businesses."

Maersk Bonded Warehouse grand opening
Maersk Bonded Warehouse grand opening

Expanding infrastructure to meet industrial needs

SLP’s growing portfolio now includes 11 industrial facilities across six key provinces, covering nearly one million square meters. These facilities provide ready-to-build and built-to-suit warehouses and factories, offering businesses the infrastructure necessary to thrive in Vietnam’s dynamic industrial landscape.

As demand for logistics and manufacturing spaces continues to grow, SLP's projects are helping to shape Northern Vietnam’s future as a critical node in global supply chains, ensuring the region remains a competitive choice for multinational investments.

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