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Statistics from the Vietnam Real Estate Association show that since the beginning of the year, the country has had 418 industrial parks established with a total natural land area of about 129,900 hectares. The total industrial land area is about 89,200 hectares. The operating industrial parks have an estimated occupancy rate of over 75%. Of which, the key northern provinces reached 82% and the key southern provinces reached 92%.
Due to high and increasing demand, the rental price of industrial land in localities has increased steadily, with a steady increase of 8-12%/year. The demand for warehouses and ready-built factories for rent also continues to grow strongly, mainly from the manufacturing industry; e-commerce, machinery, and electronic components.
Source: Thanh Hoa News, June 4, 2024
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