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Tuesday, July 16, 2024

Green industrial complexes in high demand

The Saigon Times

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HCMC – The demand for green industrial real estate in Vietnam is poised to surge, driven by the increasing interest of foreign investors in sustainable development.

Bruno Jaspaert, CEO of DEEP C Industrial Zones in Haiphong City, highlighted the growing preference of international investors for partners who share their standards in sustainable development, environmental preservation, and labor safety.

His remarks were made at the Vietnam Industrial Property Forum (VIPF) held recently in HCMC.

Jaspaert said that this trend provides a competitive advantage for industrial zones, especially those aiming to be eco-friendly and green, as they attract investors keen on high-tech and environmentally conscious projects.

With the substantial growth of foreign investment in Vietnam, Jaspaert expressed optimism about the potential for increased foreign capital inflows in the years ahead.

Given Vietnam’s commitment to achieving net zero emissions by 2050, numerous multinational corporations have flocked to Vietnam to explore investment opportunities in the renewable energy sector. Additionally, global equipment manufacturers operating within the industry are also expected to follow suit.

However, Jaspaert also raised concerns about Vietnam’s aging workforce and the potential challenges related to energy supply for manufacturing.

Ton Thi Nhat Giang, vice president of KN Holdings, emphasized the persisting obstacles linked to regulatory frameworks and the effective implementation of environmental, social, and corporate governance (ESG) strategies.

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