Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5256
Deal #5256 Version #71819
Vietnam
Created at
2016-10-01
Last update
2020-07-14
Last full update
2022-03-18
Land area
Intended size
300 ha
Size under contract (leased or purchased area)
- [2015, current] 213.0 ha
Comment on land area
"After more than two years of researching and appraising all provinces in Vietnam, Sumitomo decided on northern Vinh Phuc as the location of the industrial park, which will cover 300 ha". The first stage is with 94.5 ha, the second with 118.5 ha.
Intention of investment
Intention of investment
- [current] Industry
Comment on intention of investment
Fields of investment: manufacturing of engines, suppporting industries, automobile and motorbike spare parts, R&D; electronics,
semi-conductor, hi-tech products; computer, hardware, software; medicine; precision engineering; machines; biological product,
household equipment; transportation equipment, etc.
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2015, current] Concluded (Contract signed)
Comment on negotiation status
Investment License was awarded in 2015.
Implementation status
Implementation status
- [2016] Startup phase (no production)
- [2018, current] In operation (production)
Comment on implementation status
Land clearance and Infrastructure construction phase. The project will be completed in a year to 18 months after the investment license is issued.
Contract farming
Contract farming
No