KTG Industrial breaking ground of the third phase ò the Nhon Trach 2 project

Based on the previous success of phases 1 and 2, phase 3 will still include single-storey terraced factory units with the addition of a new double-storey factory block with cargo lift access. This new element in design offers more choices to satisfy tenants' various production setup requirements and improves space usage efficiency.

Speaking at the ground breaking ceremony, Dang Trong Duc, CEO of Boustead & KTG Industrial Management Co. (BKIM) said that KTG Industrial Nhon Trach 2 – Nhon Phu was an 18.69ha development comprising of 3 phases.

"The project’s phases 1 and 2 have been completed, and almost at full occupancy, all existing tenants have started operation. “We are proud to host tenants from various origins, including Germany, China, South Korea... operating in diverse industries such as footwear, electronics, and high-tech thermoplastic,” said Duc. “Through this project development, we also want to express our bold ambition to improve the quality of overall service experiences, set the highest level of safety and security, and create a green, clean, and beautiful working environment for all tenants.”

The development is surrounded by key transportation infrastructure including future Long Thanh International Airport, Bien Hoa-Vung Tau and Ben Luc-Long Thanh highways, Cat Lai Bridge connecting Nhon Trach with seaports, and international airport. It is a 50-minute drive from the Ho Chi Minh City center via the Long Thanh – Dau Giay Expressway, a 45-minute drive from Cat Lai Port and a 50-minute drive from Cai Mep – Thi Vai Port.

Nhon Trach district and its nearby urban areas (Districts 2 and 9, Thu Duc district of Ho Chi Minh City and Bien Hoa city) are home to a total population of over 2.1 million, offering a large labour pool across different skill-sets.

Duong Thi Xuan Nuong, deputy director of Dong Nai Industrial Zones Management Authority said, “The project is growing and contributing to enhance the competitiveness of the real estate business market in Dong Nai industrial parks, meet the needs of investors, especially for small- and medium-sized enterprises from many countries, who are looking for locations to implement projects to produce or store their products and goods while the industrial land bank are gradually limited.”

KTG Industrial breaking ground of the third phase ò the Nhon Trach 2 project

Beside Nhon Trach 2, KTG Industrial also has projects in Bac Ninh and Thai Nguyen provinces, as well as other locations in Dong Nai namely Yen Phong 2C, Song Cong 2, An Phuoc, contributing to the existing landbank of approximately 110ha. KTG Industrial aims to be one of the leading industrial real estate platforms in Vietnam.

Most of all factories meet the environmental, social, and governance (ESG) standards by using renewable energy (roof solar system, energy saving construction with extra insulation on ceiling and skylight panel); clean and modern design with good curb appeal that improves value and impression of overall neighborhood; adopting both VAS and IFRS accounting standards to reach a high level of financial transparency; diversity of employment with equal opportunity-based employment practices (Vietnamese, Singaporean, and South Korean); providing the highest welfare packages to all employees.