In the first quarter of 2022, industrial park occupancy will reach 80-85 per cent

DNHN - The occupancy rate of the northern industrial zones stayed at 80% in the first quarter of 2022; nevertheless, land and manufacturing rentals remained steady.

According to the Ministry of Construction, in the first quarter of 2022, several newly approved and deployed industrial park investment projects, such as factory projects and a 13.4ha warehouse in Phu An Thanh Industrial Park (Long An); industrial park, logistics area, and urban area invested in by CapitaLand Development in Bac Giang.

In the first quarter of 2022, industrial park occupancy will reach 80-85 per cent.
In the first quarter of 2022, industrial park occupancy will reach 80-85 per cent.

The northern industrial parks' occupancy rate stayed at 80% in the first quarter of 2022; nevertheless, land and manufacturing rentals remained stable. The average industrial land rental price reached 109 USD/m2/lease cycle, a slight decrease from the previous quarter but a 9.2 per cent increase from the same period in 2021.

In the southern region, industrial zones are 85 per cent occupied. The average rent is $120/m2/lease cycle (up 9% year on year) as a result of a fresh surge of foreign investment into Vietnam after the reopening of its economy and demand. increase the output of established businesses.

PV

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