Stavian-Shinec partnership targets industrial real estate sustainability

Stavian, a multinational industrial and technology group, and Shinec Group, one of Vietnam's pioneering enterprises in developing ecological industrial parks, will join hands to develop industrial real estate projects.

Under a strategic cooperation agreement inked in the northern port city of Hai Phong on Thursday, the two sides will exchange their expertise, technology, and experience. They will utilize their potential and strengths to develop eco-industrial zones and clusters, contributing to sustainable market growth.

The industrial zones and clusters include projects in Quang Ninh province (315 hectares) and neighbouring Hai Duong province (450 hectares) in northern Vietnam; the south-central province of Khanh Hoa (370 hectares); the southern province of Ba Ria-Vung Tau (1,000 hectares); and Hau Giang province (234 hectares), Can Tho city (300 hectares), Bac Lieu province (257 hectares) in the Mekong Delta.

The list also covers many other projects that both parties are jointly researching and developing.

Dinh Duc Thang, chairman and general director of Stavian Group, said the industrial park model that the two firms are aiming for will not only ensure sustainable development but also create an optimal working environment for businesses and workers.

These zones will feature modern infrastructure, cutting-edge technology, and effective environmental protection solutions, contributing to building a harmonious and friendly industrial ecosystem, he stressed.

Pham Hong Diep, chairman of Shinec Group, said the event marks a new beginning in Vietnam’s industrial real estate market, reflecting the shared vision of the two companies in developing industrial property projects nationwide with a focus on creating sustainable values.

He added that both parties aim to set new standards for "Made-in-Vietnam" industrial real estate, meeting the increasingly stringent demands of global clients.

“Together, we will shape a new standard for Vietnamese industrial real estate, leading the market in a healthy and sustainable direction,” Diep emphasized.

Stavian is operating in over 30 countries and exporting to more than 100 countries and territories. Its core business is industrial production and related ecosystems, encompassing five industry groups: industrial production, high technology, industrial infrastructure development, energy transition, trade and investment.

Established in 2001, Shinec Group is one of the pioneering enterprises in Vietnam in the field of developing ecological industrial parks.

Shinec has recently entered into a strategic partnership with Vietnam Safety - the sole representative of the Korean Safety Education Association and Global Safety Co., Ltd. of South Korea to provide industrial safety solutions that meet international standards to build industrial parks that are not only green but also safe.