TTC IR "Greens" Industrial Parks, Enhancing Appeal for Foreign Investors

Sat, 21 Dec 2024 09:50:00  |  Print  |  Email   Share:

As the world grapples with significant climate challenges, the development of environmentally sustainable industrial parks has become a trend. Recognizing this, Thanh Thanh Cong Industrial Real Estate Corporation (TTC IR) has been at the forefront of "greening" and "digitalizing" the Thanh Thanh Cong Industrial Zone since its inception. This proactive approach aims to create competitive advantages that effectively attract both domestic and international investors.

New generation, smart-ecological industrial park

Globally, the trends of "new generation industrial parks" and "smart-ecological industrial parks" have become integral to the sustainable development strategies of many countries. These types of industrial parks not only reduce environmental impacts but also generate long-term economic value, foster community development, attract investors, and enhance the national image in the international market.

Vietnam is rapidly expanding its industrial park network, with plans to increase the number of industrial parks from over 400 currently to 600 by 2030. The development of new generation industrial parks and smart eco-industrial parks is being prioritized to meet international standards, attracting the attention of investors, particularly from developed countries where "green growth" is a key factor in investment decision-making.

The benefits of newly qualified industrial parks not only stop at the environmental aspect but also open up many economic opportunities and catch the strong interest of environmentally conscious businesses, workers and communities, thus enhancing brand value and creating competitive advantages compared to traditional industrial parks. Saving conservation, resource efficiency and a healthy working environment also help reduce operating costs and improve labor productivity.

Green, clean and digital environment

In line with its strategic orientation, TTC IR is committed to "greening" and "digitalizing" the TTC Industrial Zone, Tan Hoi Industrial Cluster, and the expanded Tan Kim Industrial Park, ensuring their development is in harmony with the local community. In response to their requirements and challenges, TTC IR has invested and strongly developed "greening" solutions by taking Thanh Thanh Cong Industrial Zone as the core with 25% of the total area dedicated to trees, public utilities and social infrastructure. At the same time, TTC IR also prioritizes energy efficiency by utilizing renewable energy sources, such as solar power, to minimize CO2 emissions and reduce greenhouse gases. Additionally, the company has implemented widespread energy-saving devices, significantly lowering electricity consumption.

In addition, treating and protecting clean water sources is always a top priority for TTC IR. The modern wastewater treatment system with a daily capacity of 16,000 cubic meters meets ISO 9001:2015 standards. An additional system of 15,000 cubic meters a day will be soon put into operation to make sure that treated wastewater always meets standards before being released into the environment.

One of the highlights in TTC IR’s “greening” strategy is developing and maintaining large green spaces in its industrial parks. These green spaces not only help ease air pollution and regulate temperature but also create a pleasant working environment and improve the quality of life for workers. Moreover, TTC IR also regularly launches environmental protection activities such as tree planting, tree care and communications to raise awareness among employees and the community. These efforts not only preserve the existing green spaces but also foster a green, clean, and digital environment for both living and working. Nearly all machine operations within its industrial parks are "digitalized," ensuring enhanced accuracy, timeliness and efficiency.

Mr. Dang Van Thanh - Chairman of TTC Group, said, TTC Group is carrying out its development strategy for the 2026-2030 period, with a vision to 2035. Accordingly, TTC focuses on the industrial real estate sector to stay ahead of emerging development trends. He emphasized that factories and warehouses from Singapore and China are increasingly being relocated to Vietnam, positioning it as a preferred destination for investors.

Currently, TTC is completing procedures for the second phase of Thanh Thanh Cong Industrial Zone in Tay Ninh province, with a scale of about 500 ha, to entice environmentally friendly industries. The first phase of the project, with more than 1,000 ha, has reached an occupancy rate of over 90% and created jobs for about 40,000 local workers. In particular, Thanh Thanh Cong Industrial Zone is developed with a focus on balancing production and business activities while protecting both the natural and social environments. It aims to maintain its status as a model industrial park in the southern key economic region.

With a long-term vision and sustainable development strategy, TTC IR not only aims to become a leading industrial park developer to enhance its attractiveness to international investors but also wishes to contribute to the sustainable development of the whole community. At the same time, TTC IR is progressively transforming the industrial parks into new-generation and smart ecological industrial parks, aligned with its strategic vision for 2026-2030, focusing on green growth and sustainability.

By: Vietnam Business Forum

Source: https://vccinews.com/news/59835/ttc-ir-greens-industrial-parks-enhancing-appeal-for-foreign-investors.html

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