Viet Nam

Industrial Park Status

Text by Saito Hiroshi

The 43rd: DPL Vietnam Minh Quang Multi-Tenant Logistics Facility in Hung Yen Province

Daiwa House Industry Co., Ltd. introduces “DPL Vietnam Minh Quang,” a joint development with WHA Corporation PCL, the largest developer of logistics facilities and factories in Thailand, located in Hung Yen Province near Hanoi.

1. Location

The facility is conveniently located approximately 45 km from downtown Hanoi, 80 m from Haiphong Port, and 54 km from Noi Bai International Airport, making it an excellent logistics hub for land, sea, and air transport. It serves as a transit point for city deliveries and import/export operations with international ports.

In the vicinity, along National Route 5, there are industrial zones such as Tan Long 2 Industrial Park and Pho Noi A and B Industrial Parks, where many manufacturing companies are concentrated. Over 90 Japanese companies have entered this area, indicating a strong demand for raw material and finished goods storage. Additionally, the appeal lies in the fact that Japanese factory managers can commute from Hanoi, taking just over an hour by car.

DPL Vietnam Minh Quan

2.Operating Company

DH WHA Logistics Property Minh Quang Vietnam Co., Ltd (Ownership Ratio: Daiwa House Industry Co., Ltd: 51%, WHA Corporation PCL: 49%)

3.Site Area and Rental Area

1. Site Area: 70,109.20 m²

2. Rental Area: 37,548.59 m² (Up to 10 tenants, with individual unit sizes starting from 2,800 m².)

4.Completion Date

December 26, 2024

5.Facility Overview

1. Roof: Galvalume steel, corrugated, with thermal insulation GW

2. Exterior Walls:(Warehouse) Galvalume steel
(Office) Brick wall with plaster finish

3. Floor: (Warehouse) Concrete surface with enhanced finish (1FL=GL+1.35m)

4. Structure: Steel frame

5. Floor Load Capacity: (Warehouse) 3.5 tons/m²

6. Effective Height Under Beams: 9.45 m

7. Tenant Offices: Two-story (Total 170 m²)

8. Sprinkler System: Pre-Action Sprinkler (designed in accordance with NFPA ESFR standards)

Front Gate
Inside the warehouse
Tenant Office

6. Summary

The “DPL Vietnam Minh Quang” facility is developed by experienced major developers from Japan and Thailand, ensuring the highest quality standards for logistics hubs. With the recent development of transportation networks in central Vietnam and the growing urban population, this multi-tenant logistics facility is well-positioned to meet the rising logistics demands in northern Vietnam, which is expected to continue expanding and economically developing.

齊藤公(Saito Hiroshi)

Business Advisor
G.A. Consultants Vietnam Co., Ltd

After graduating from university, he joined a PHP research institute and served as the head of the New York office. He then worked on the “Nagoya Port Redevelopment Project” at a subsidiary of the Chubu Nippon Broadcasting (CBC) company. He later shifted his base to Asia, where he was involved in the launch of “FM96.3” in Singapore, and the creation of “Hello Vietnam” and “Invest Asia” magazines in Vietnam. He then joined BW Industrial Development JSC, Vietnam’s largest rental factory development company, where he was responsible for attracting Japanese manufacturing companies. Currently, he is active as a consultant for the entry of Japanese companies at “G.A. Consultants”, one of the longest-standing Japanese HR consulting firms in Vietnam.