Sembcorp begins construction on SIS Dinh Vu logistics centre

Sembcorp begins construction on SIS Dinh Vu logistics centre

On March 6, at DEEP C Haiphong 1 Industrial Zone, Sembcorp Dinh Vu Infra Services Co., Ltd. officially brok ground on the Sembcorp Logistics Park Dinh Vu (SIS Dinh Vu) warehouse and ready-built factory for lease initiative.

This is the fifth construction venture of Sembcorp in Haiphong. Upon completion, the initiative will bring more than 90,000 square metres of modern industrial real estate to Vietnam's supply chain. The project has a total land area of ​​15 ha and a total investment capital of more than $50 million. The venture is expected to operate phase 1 from the third quarter of 2025.

The initiative integrates various modern features, including automatic fire protection systems, raised floors with large floor loads, high ceilings and 24/7 direct security management.

At the groundbreaking ceremony, Vo Hoang Phan Hien, general director of Sembcorp Dinh Vu Infra Services said, "The project will reinforce our commitment to develop a total floor area of ​​1.5 million sq.m by 2028 in Vietnam. At the same time, it will firm up Sembcorp Dinh Vu's commitment to become a responsible investor and one of the pioneers in developing sustainable environmental, social and governance in the Vietnamese market."

At DEEP C Industrial Zones, the five current industrial zones operating in Haiphong and Quang Ninh all share the goal of becoming ecological industrial zones, resilient to climate change, bringing benefits to secondary investors and local communities, and contributing to local socio-economic growth.

DEEP C’s vision is to become a model in Vietnam for the development of comprehensive industrial zones. DEEP C wants to demonstrate that economic growth can go hand in hand with sustainable development, which is completely in line with the goals of an eco-industrial zone.

By the end of 2024, DEEP C Industrial Zones in Haiphong had attracted 152 projects with a total registered capital of $4.7 billion, including 95 FDI ​​projects with a total capital of $3.9 billion and 57 domestic direct investment (DDI) projects with a total capital of $799 million.

In addition, with its clear strengths in terms of geographical location, human resources, and modern, synchronous infrastructure, Haiphong is always considered a “fertile land” that attracts leading domestic and foreign investors. Therefore, in recent years, Haiphong has always been in the top localities nationwide in attracting foreign investment.

According to the Haiphong Economic Zone Authority (HEZA), Haiphong City is currently among the top localities attracting the largest FDI in the country with 1,000 FDI projects from 40 countries and territories, with a cumulative FDI of $33.8 billion.

The occupancy rate of industrial zones (IZs) and economic zones (EZs) in the city has reached more than 70 per cent. From January 2021 to present, Haiphong's FDI attraction has reached nearly $16 billion, exceeding the investment attraction plan target for the 2021-2025 term of $12.5-15 billion, equal to 81 per cent of the period 1993-2020, attracting an average of nearly $4 billion per year.

Haiphong City has become a stronghold of many large investors, participating deeply in the global value chain.

VIR