Stavian Hung Yen Industrial Cluster signs land sublease contract

Stavian Hung Yen Industrial Cluster signs land sublease contract

Stavian Industrial Park on Wednesday officially signed land use right and infrastructure sublease contract with 12 enterprises at the Stavian Hung Yen Industrial Cluster.

Signing ceremony of land use right and infrastructure sublease contracts at Stavian Hung Yen Industrial Cluster. — Photo courtesy of Stavian

Stavian Industrial Park on Wednesday signed land use right and infrastructure sublease contracts with 12 enterprises at the Stavian Hưng Yên Industrial Cluster, marking a further step in the project’s development as occupancy continues to rise.

The enterprises include SUV Co Ltd, La Hong Furniture and Interior Decoration Co Ltd, Airpac Packaging JSC, Divico Vietnam Co Ltd and Hưng Yên General Investment and Services JSC, along with other manufacturing firms across various sectors. The agreements with secondary investors provide a basis for Stavian Industrial Park to support companies in completing subsequent legal procedures, including obtaining land use right certificates corresponding to leased areas within the project.

As part of the event, Stavian Industrial Park also held a land handover ceremony at the project site for several secondary investors that have obtained their Investment Registration Certificates, enabling them to proceed with next steps such as design, construction and development of manufacturing facilities.

To date, the total leased land area has reached approximately 318,000sq.m, equivalent to an occupancy rate of around 65 per cent of the project, reflecting strong interest from manufacturers across different segments. The project’s technical infrastructure, including internal transport systems, power and water supply and a centralised wastewater treatment plant, is in place to support construction and production activities.

Speaking at the event, a representative of Stavian Industrial Park said the signing of land lease agreements and the handover of land plots to secondary investors marked an important milestone in the project’s development, reflecting the developer’s commitment to supporting investors throughout implementation, from legal procedures and construction to production and operation.

With steady progress, improving infrastructure and a clear focus on sustainable development, Stavian Hưng Yên Industrial Cluster is emerging as an attractive destination for both domestic and international manufacturing investors. 

Bizhub