Hải Phòng industry powers up with new project from Indochina Kajima’s Core5 Vietnam
The Manila Times·2025-11-04 09:18

Core Project Overview - Indochina Kajima and ITOCHU Corporation held a ground-breaking ceremony for Core5 Vietnam's second industrial project in Hải Phòng, which will provide approximately 80,000 square meters of ready-built factory space for lease, with a handover expected in Q1 2027 [1][2] Strategic Location - Core5 Hai Phong Phase 2 is strategically located 20-25 minutes from Đinh Vũ port and Lạch Huyện Deep Sea port, 30 minutes from Cát Bi International Airport, and two hours from Hà Nội's central business district, facilitating seamless logistics and travel [2][3] Design and Features - The project will feature international standard factory accommodations with sizes ranging from 2,994 square meters to 24,912 square meters, equipped with necessary utilities, advanced firefighting systems, 24/7 security, and a signature curved curtain wall office design [3][4] Sustainability Initiatives - Core5 Hai Phong Phase 2 incorporates sustainability into its design, aiming for LEED Silver certification, with energy-efficient construction, solar rooftops, EV chargers, and designated health and wellness areas [4] Tenant Support Services - Core5 Vietnam offers a comprehensive one-stop solution for tenants, including market entry support, supply chain studies, licensing services, and customized leasing options to ensure efficient business operations [5][6] Management and Operations - The assets will be managed by Indochina Kajima's in-house facility management team, providing tailored solutions and timely maintenance responses based on a deep understanding of tenants' needs [6] Future Development Plans - Indochina Kajima is also planning additional projects, including Core5 Phu Tho, Core5 Quang Ninh Phase 2, and Core5 Hai Phong Phase 3, indicating a strong commitment to expanding its industrial real estate portfolio in Vietnam [11] Market Demand - The demand for ready-built factories in Vietnam is increasing, as evidenced by Core5 Vietnam's fully leased projects in Quảng Ninh and Hai Phong Phase 1, with Core5 Hung Yen maintaining an 80% occupancy rate [10]