Indochina Kajima to pour 1 billion USD into industrial real estate in Vietnam
Indochina Kajima Development Company, a joint venture from Indochina Capital and Kajima Corporation, has recently launched Core5 Vietnam (www.c5ip.vn).
HCM City (VNA) - Indochina KajimaDevelopment Company, a joint venture from Indochina Capital and KajimaCorporation, has recently launched Core5 Vietnam (www.c5ip.vn).
This is an industrial real estate investment anddevelopment platform focused on the nationwide roll out of world class factoryand warehouse properties for lease throughout the country’s key manufacturingand logistics markets.
Speaking at the launching ceremony in Ho Chi MinhCity on July 6, Peter Ryder, Indochina Capital’s CEO, said his company hasbeen operating in Vietnam for over two decades.
Core5 Vietnam plans to roll out a collection ofexceptional industrial assets across Vietnam’s key manufacturing markets, withinvestment of some 1 billion USD over the next 5-7 years, he said.
At the launching ceremony (Photo: VNA)
It offers various solutions such as ready-builtfactory for lease, ready-built warehouse for lease and build-to-suit industrialproperties.
Its key services include development andconstruction consultation from project managers, facility management advicefrom operation professionals, and licensing support to ensure timely businesssetup so manufacturing activities or logistics companies can launch theirbusinesses quickly.
The firm’s current portfolio covers 90ha of landwith seven projects in the north and another in the south.
Keisuke Koshijima, representative director andexecutive vice president of Kajima Corporation, said the establishedmanufacturing industry combined with the rapidly growing e-commerce sectorcreate favorable market conditions for the expansion of the Core5 brand intoVietnam.
He said the country’s manufacturing and logisticssector is burgeoning given the supply chain shift from China which has led toseveral prominent manufacturers relocating to Vietnam./.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Illustrative image (Photo: VNA) 
At the launching ceremony (Photo: VNA) 
