GROUNDBREAKING CEREMONY FOR BOUSTEAD INDUSTRIAL PARK PHASE 2A MANAGED BY BOUSTEAD & KTG INDUSTRIAL MANAGEMENT COMPANY

18/11/2020

On Monday, November 16, 2020 in Nhon Trach 2 – Nhon Phu Industrial Park, Nhon Trach District, Dong Nai Province, Boustead Projects Land (Vietnam) started construction of Phase 2A of Boustead Industrial Park (BIP). Mr. Tran Quang Trung – General Director of Boustead Projects Land (Vietnam) presided over a groundbreaking ceremony that was attended by Mr. Dang Trong Duc, CEO of KTG Industrial – representative of co-manager in this project, representatives of CBRE, JLL, Savills, Colliers and many other agents, partners in the industrial real estate industry.

Phase 1 of BIP was completed in November 2019 and is fully occupied. Phase 2A of BIP comprises ready-built factories comprising a total area of ​​approximately 38,000 square meters in gross floor area (GFA).

BIP is an 18.69-ha development comprising of ready-built factories and build-to-suit industrial facilities located in Nhon Trach 2 - Nhon Phu, Nhon Trach district, Dong Nai province which is next to Ho Chi Minh City. The factory is surrounded by key transportation infrastructure with three main ports, two expressways and the future international airport of the Southern Key Economic Zone (SKEZ). Here, industrialists will not only operate in facilities which have been built and managed according to high-level Singapore standards but also benefit from reliable one-stop services from front-end consultation to recurring assistance throughout the investment lifecycle.

At the groundbreaking ceremony, Mr. Tran Quang Trung shared that “Providing the industrial real estate market of Vietnam with international standard factories and warehouses has always been the relentless focus of Boustead Projects Land (Vietnam). The needs of our customers are central to the way we build and develop product platforms and accompany customers throughout their business processes and in meeting their international growth plans. Our collaboration with KTG Industrial on joint management will allow us to tap into each other’s network and complementary capabilities.

Boustead Projects Land (Vietnam) Co. Ltd. is a wholly-owned subsidiary of SGX Mainboard-listed Boustead Projects Limited, a leading real estate solutions provider in Singapore with core engineering expertise in the design-and-build and development of smart eco-sustainable business park and industrial developments for clients including Fortune 500, S&P 500 and Euronext 100 corporations. Boustead Projects has constructed and developed more than 3 million square meters of industrial real estate regionally in Singapore, China, Malaysia and Vietnam. Boustead Projects is 53%-owned by Boustead Singapore Limited, a progressive global infrastructure-related engineering and technology group which is separately listed on the SGX Mainboard.

To find out more about building a facility in Vietnam, please do not hesitate to contact Boustead Projects Land (Vietnam):

Hotline: (+84) 896.896.89 or (+84) 937.001.089 - Email : info@bkim.sg

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