WHA Group to Develop First Industrial Zone in Nghe An Province, Vietnam

With an investment of USD 100 million, Phase 1 WHA Industrial Zone of 498 hectares is part of a long term plan potentially totaling up to 3,200 hectares in Nghe An province, 290 km south of Hanoi

WHA Group, Thailand’s leader in fully-integrated logistics and industrial facilities solutions, has announced the approval by Vietnamese authorities of the license enabling WHA Cienco 4 Joint Stock Company, a soon to be established Joint-Venture between its subsidiary WHA Hemaraj Land And Development (SG) PTE. LTD and Civil Engineering Construction Corporation No. 4 Joint Stock Company (“Cienco 4”), to develop the first phase of “WHA Hemaraj Industrial Zone” within the Dong Nam Economic Zone, Nghe An Province.

WHA Industrial Zone in Nghe An will comprise both integrated industrial zone and, later on, high tech, commercial, and township development with a lease term of up to 70 years. The first developed industrial land with utilities will be available for rent from late 2017