In March 2026, SLP – one of the leading industrial and logistics real estate developers in Vietnam – officially broke ground on its newest ready-built factory project, SLP Park Tien Du, located in Dai Dong Hoan Son Industrial Park, Tien Du, Bac Ninh Province.
The groundbreaking marks another milestone in SLP’s ongoing expansion strategy to deliver high-quality, operational-ready manufacturing infrastructure in key industrial corridors across Vietnam.
Scheduled for completion in Q1/2027, SLP Park Tien Du represents SLP’s eighth project in Vietnam and fourth development in Bac Ninh, further strengthening the company’s footprint in one of the country’s most established and competitive manufacturing clusters.
In 2025, Bac Ninh ranked third nationwide in attracting FDI, with total newly registered and adjusted capital reaching US$18.5 billion. Home to major global manufacturers, the province offers a robust industrial ecosystem that supports scalable, well‑connected manufacturing operations.
Next-generation RBF facility designed for advanced manufacturing
As a ready-built factory (RBF) project, SLP Park Tien Du is strategically located within a 30-kilometer radius of Hanoi’s central business district, placing it in one of northern Vietnam’s most mature manufacturing ecosystems with well-established supplier networks and supporting industries. The location offers seamless access to key transport corridors, including the Hanoi–Bac Giang Expressway, National Road 18, and the Hanoi–Hai Phong Expressway, enabling efficient regional and export connectivity. Its proximity to Hanoi also supports access to a deep pool of skilled technical and managerial talent, an important advantage for manufacturers seeking both operational efficiency and workforce quality.
SLP Park Tien Du delivers a Grade-A, single story ready-built factory (RBF) complex with a total gross floor area (GFA) of 74,414 square meters across eight buildings. Unit sizes range from approximately 2,800 to 3,600 square meters, offering flexible leasing configurations for manufacturers with varying scale requirements.
Engineered with a focus on manufacturing efficiency and operational flow, the project features an eight-meter clear height and a floor loading capacity of 2–3 tons per square meter to accommodate a wide range of production lines and equipment. Complementing its technical specifications, the project also includes a two-story customer service center that supports a customer-centric service model and contributes to a balanced working environment with enhanced onsite engagement areas.
Through SLP’s One-Stop Service Station framework, tenants receive lifecycle-oriented setup support, with SLP’s local expert teams providing direct consultation and coordinating with qualified external partners across key implementation stages, including licensing, fit-out planning, financing introductions, labor sourcing, and early operational preparation. This integrated support model helps streamline project rollout and accelerate customers’ transition from setup to full operation.
Sustainability embedded in project design
Upon completion, SLP Park Tien Du is targeting LEED Gold certification, underscoring SLP’s commitment to ESG-driven development. Key sustainability features include a 130 kWp rooftop solar system, EV-charging-ready parking, low-VOC and sustainably sourced building materials, and water-efficient fixtures. Green landscaping and shaded outdoor areas are integrated to mitigate heat-island effects and enhance the site’s overall environmental performance.
SLP: A trusted partner for modern manufacturing and logistics growth in Vietnam
“Based on SLP’s leasing performance across our portfolio in 2025, we are accelerating the construction and development of SLP Park Tien Du to meet increasing customer demand and expand our service capabilities. On completion, the project will deliver high-quality, operational-ready manufacturing infrastructure, helping customers move faster from setup to production,” said Dinh Hoai Nam, Principal – Head of Leasing at SLP.
SLP is a leading industrial and logistics infrastructure platform in Southeast Asia, delivering technology-driven ready-built factory (RBF) and ready‑built warehouse (RBW) facilities that meet modern manufacturing and supply chain requirements.
In 2025, the company maintained a portfolio lease ratio above 97 percent, underscoring strong market demand and operational performance. SLP operates as part of Ares Management Corporation, a global alternative investment manager. With SLP Park Tien Du, the company continues to expand its network of professionally managed industrial facilities, supporting manufacturers and logistics operators with reliable infrastructure, technical standards, and long-term partnerships across their investment journey in Vietnam.
