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Global Operations

Vietnam

Developing our own rental factory operation business

Total development area
270hectares
(667 acres)

(as of March 31, 2015)

Daiwa House Industry and its subsidiary Daiwa House Vietnam, in collaboration with other Japanese-owned enterprises as well as Vietnamese companies, are presently developing the Long Duc Industrial Park near Ho Chi Minh City. This is attracting Japanese-owned companies and other corporate tenants, and already, around 60% of the 200 hectares (494 acres) premises have been sold. Our construction system for factory facilities is highly-acclaimed, as illustrated by increased orders for facility construction at other nearby industrial parks.

The sudden drop in the value of the yen in 2014 meant a slowdown in Japanese companies’ expansion overseas, so we started with a new rental factory operation business in order to ensure steady profitability. Our rental factory business offers factories in two types; a BTS (built-to-suit) structure, letting companies freely select their own specifications, and a highly-versatile multi-tenant configuration, meaning it can meet the requirements of a range of industries. Additionally, Japanese staff are on-site, and they provide small- to medium- sized Japanese-owned companies looking to set up operations for the first time with enhanced, ongoing support for issues such as documentation. We will continue to aim for sustainable growth, constructing our own business model that links real estate development to planning, design, construction, and businesses that will yield a continuous stable income over a long period.


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