Core5 Vietnam celebrates the inauguration of its first industrial project in Hai Phong

Haiphong, Vietnam, August 21, 2022 /PRNewswire/ — Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation (Japan), organized the first sod of their Core5 Hai Phong project in Deep C 2 Hai Phong industrial zone, Hai Phong, Vietnam. On completion, the project will provide a total of approximately 96,000 m2 of world-class ready-to-use factory and warehouse For rent. Delivery of the first factories and warehouses is expected at the beginning of the second quarter of 2023.

Mr. Keisuke Koshijima, Representative Director and Executive Vice President of Kajima Corporation, said, “Hai Phong has made huge investments in infrastructure, becoming a key link in the global supply chain with Cat Bi International Airport, Lach Huyen International Deep Sea Port, and direct access to Hanoi by the Hai Phong highway, In the process attracting the presence of many large-scale manufacturers, including LG and Pegatron. In addition, the economic growth of the province is very attractive since the GDPR in the first half of 2022 increased by 11.1% year-on-year while foreign direct investments reached almost USD1.1 billion. We believe Hai Phong is an excellent location for investment and ideal for launching Core5 from vietnam first project.

Speaking at the event, Mr. Peter RyderCEO of Indochina Capital, said “Our belief in HThe ai Phong market is supported by our investment in the hospitality sector with Wink Hotel, Hai Phong and now in the industrial sector with Core5 Hai Phong. We believe in the current and long-term potential of this market given the excellent economic fundamentals and the attractiveness of this location for export processing companies, and its strategic location to several key ports within north Vietnam. This, combined with the change in the supply chain of China at Vietnam auspicious for the manufacturing sector north Vietnam in general, and Hai Phong especially. Core5 Vietnam looks forward to welcoming our first partners to this spectacular industrial facility which will be developed with a commitment to quality, innovation, sustainability and excellence in operations and service.

Core5 Hai Phong the project provides ready-to-use factories and warehouses for rent with terraced design and different unit sizes, ranging from 3,174 m2 to 25,509 m2. As engaging to sustainable development, project design was implemented to optimize energy and water systemsem efficiency, including the use of solar panels. Each unit will be equipped with a factory area, truck loadoutg-zones modular office and parking. The common areas will provide abundant circulation, green spaces and service areas to ensure tenants can maximize productivity. Additionally, to ensure a smooth customer onboarding process, Core5 Vietnam provides turnkey support including planning, accounting, operations and commercial development.

Core5 Vietnam is committed to developing a national portfolio of world-class industrial facilities. Core5 At Haiphong first factories and warehouses will be available to customers at the beginning of the second quarter of 2023. Inauguration of the projects in Hung Yen and Quang Ninh will take place in Q1 2023 and Q2 2023 respectively – both projects will add approximately 127,000m2 of factory ready net leasable area and warehouse at the market.

About Indochina Kajima

In September 2016Indochina Capital, a leader in from vietnam real estate, financial services and rapidly growing capital markets, entered into a joint venture with Kajima Corporation, one of Japan’s largest general contractors and overseas property developers, to launch Indochina Kajima, a new development platform real estate in Vietnam. Indochina Kajima is fully committed to creating innovative real estate developments that create value for our partners, customers and investors, while providing opportunities for our employees and enriching the community.ties. Indochine Kajima will establish a national footprint with a focus on HanoiDanang and Ho Chi Minh City.

About Core5 Vietnam

Core5 Vietnamowned by Indochina Kajima, is a Vietnam industrial real estate investment and development platform based on the nationwide deployment of world-class factories and warehouses for rent everywhere from vietnam key manufacturing and logistics markets. Core5 Vietnam offers a range of solutions including ready-to-lease factory, ready-to-let warehouse and bespoke industrial properties. The platform was officially launched in Vietnam in July 2022.

SOURCE Core5 Vietnam

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