In a meeting with leaders of Hung Yen People's Committee on August 26, Remon Vos, CEO and founder of CTP Netherlands, shared the group's capabilities and experience in developing modern IPs across Europe.

CEO Vos noted that CTP manages over 11 million sq.m of factory and logistics space across 10 European countries, with its prominent CTPark model attracting numerous global high-tech enterprises. CTP has gradually expanded into the Asian market, identifying Vietnam as a strategic destination.

"CTP Netherlands plans to develop high-tech IPs in major locations across Vietnam, with a particular focus on Hung Yen province and the central region. The projected investment in Vietnam over the coming years is approximately 1 billion euros ($1.16 billion)," he said.

According to Vos, Hung Yen is considered a key locality due to its strategic location and convenient connectivity with Hanoi, the Red River Delta, and international seaports. CTP wishes to gain deeper insights into the province's industrial land resources, development orientation, and investment incentive mechanisms to promptly implement its projects.

With over 25 years of experience in industrial real estate, CTP's leadership asserted the group's special interest in Hung Yen's industrial development strategy.

This strategy highlights the development of synchronised, modern infrastructure IPs, prioritising the attraction of high-tech, clean, and environmentally friendly projects.

Source: Vietnam Investment Review