The outlook for the industrial market remained brilliant with several positive factors: Vietnam’s participation in global trade through free trade agreements (FTAs), strengthening of strategic partnerships, and the China+1 strategy of large manufacturers. Therefore, the developers are preparing future pipelines to welcome the investment wave. From present until 2027, about 6.200 ha of IP land will be added to the market.
Investors and manufacturers are gradually keeping eyes on furtherlocated provinces in Central Vietnam and the Mekong Delta region thanks to competitive land prices, the active FDI attraction strategy, and continuously improving infrastructure system.
The RBF market will welcome a future supply of about 1.4 million sq.m in the period 2024 – 2027. Following the investment wave into industrial land, demand for RBF is expected to be healthy due to low initial investment costs, time-saving, and more flexibility for investors.
There will be about 1.9 million sq.m of RBW entering the market in the 2024 – 2027 period, with 55% of future supply will be located in Dong Nai Province, home to the future Long Thanh Airport.
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