Hodeco has decided to enter the industrial real estate sector by investing in the Châu Đức and Tân Hội industrial clusters starting in 2025, realizing that the tourism real estate sector isn’t yielding the expected profits. The company plans to invest around 400-500 billion VND and collaborates with Kinh Bắc for further industrial park development. CEO Group also engages in the industrial market by establishing C.E.O Industrial Park Development Co., Ltd., with a capital of 450 billion VND, to offset declining real estate revenues. Khang Điền has also expanded into the industrial park sector with the Lê Minh Xuân project covering 109.9ha, expected to create about 10,000 jobs. Licogi 13 has been approved to implement the Quán Ngang Industrial Park phase 3, covering 116ha with an investment of 710 billion VND, marking the involvement of construction companies in the industrial park market.
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