The SIS Dinh Vu project aims to materialize Sembcorp Dinh Vu’s commitment to sustainable development in environmental, social, and governance (ESG) aspects in the Vietnamese market.
Recently, at DEEP C Industrial Zone Hai Phong I, Sembcorp Dinh Vu Infrastructure Services Co., Ltd. officially broke ground on the Sembcorp Logistics Park Dinh Vu (SIS Dinh Vu) project, a logistics and ready-built factory center for lease.
The project covers 15 hectares with a total investment of over USD 50 million and integrates modern features such as an automatic fire protection system, raised flooring, heavy load-bearing capacity, high ceilings, and 24/7 direct security management. Phase 1 is expected to be operational by Q3 2025, offering over 90,000 m² of modern industrial real estate to support Vietnam’s supply chain.
According to Mr. Vo Hoang Phan Hien, General Director of Sembcorp Dinh Vu, the project affirms the company’s goal of developing 1.5 million m² of floor space in Vietnam by 2028 and reinforces its role as a responsible investor and ESG leader.
Sembcorp Industries, based in Singapore, is a leading multinational group specializing in sustainable solutions in energy, water, and urban development. Established in 1998, the group has operations in over 10 countries, especially in Asia, Europe, and the Middle East, managing a 21.2 GW energy portfolio, including 14.4 GW of renewable energy. Its urban development projects span over 14,000 hectares, creating over 377,000 jobs and attracting nearly USD 50 billion in investment.
This marks Sembcorp’s fifth project in Hai Phong, demonstrating the city’s attractive investment environment. With its strategic location, quality workforce, and synchronized infrastructure, Hai Phong has been a top destination for foreign investment in Vietnam.
According to the Hai Phong Economic Zone Authority, the city currently hosts 1,000 FDI projects from 40 countries and territories, with a cumulative investment of USD 33.8 billion. Industrial and economic zones have an occupancy rate of over 70%. From January 2021 to the present, Hai Phong has attracted nearly USD 16 billion in FDI, surpassing its 2021–2025 target.
Hai Phong is now a hub for global investors involved in the international value chain. The Vietnam Real Estate Association recognizes the city’s great potential for industrial real estate, given its comprehensive transportation network (road, rail, sea, inland waterway, and air), competitive provincial competitiveness index, favorable investment environment, and high-quality human resources.
According to Mr. Le Trung Kien, Head of the Hai Phong Economic Zone Authority, the city strictly adheres to its approved investment sector list, rejecting polluting or resource-wasting projects while promoting circular economy models that encourage reuse and recycling.
The city is also developing green, sustainable industrial zones, especially within DEEP C, where all five current parks are transitioning to eco-industrial zones resilient to climate change, benefiting both investors and local communities.
DEEP C’s vision is to become Vietnam’s benchmark for comprehensive industrial zone development, proving that economic growth can go hand in hand with sustainability.
By the end of 2024, DEEP C industrial zones in Hai Phong had attracted 152 projects with a total registered capital of USD 4.7 billion, including 95 FDI projects (USD 3.9 billion) and 57 DDI projects (USD 799 million).