Deal #5256

Vietnam
Created at
2016-10-01
Last update
2022-03-18
Last full update
2022-03-18

Land area

Intended size
300 ha
Size under contract (leased or purchased area)
  • [2015, current] 213 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