Quang Nam is emerging as a bright spot in the real estate market, with significant growth potential despite the broader market challenges. The factory rental market in Quang Nam is expanding rapidly, driven by an increase in foreign direct investment (FDI) and the expansion of industrial zones. The influx of international companies has created a large demand for production space, making the factory rental market more attractive and competitive than ever before.
With its strategic location, increasingly developed infrastructure, abundant labor force, and tax incentives, Quang Nam is becoming an ideal destination for businesses looking to expand production.
1. Geographical Location of Quang Nam Province - Advantages in Trade and Development
Quang Nam is a coastal province located in the northernmost part of the South Central Coast region, within the key economic area of Central Vietnam.
With this location, Quang Nam enjoys advantages in both road and waterway transportation, and it also boasts unique natural landscapes that contribute to tourism development.
Particularly, Tam Ky city is the provincial capital, home to the ancient town of Hoi An, and located near the center of Central Vietnam (approximately between Hanoi and Ho Chi Minh City along National Highway 1). It is just about 70 km south of Da Nang, making it convenient for economic and cultural exchanges.
Quang Nam is one of the provinces where tropical monsoon climate and the characteristics of the Central region converge. The province features diverse terrain with coastal plains, low hills, and forested mountainous areas to the west. This landscape not only offers potential for agricultural development but also opens up opportunities for factory rental in Quang Nam, attracting both domestic and international investors.
2. Driving the Economy with a Highly Developed Transport Infrastructure
The transportation infrastructure of Quang Nam province is increasingly being prioritized and invested in, creating favorable conditions for connecting areas within and outside the province. The province boasts a diverse transportation system, including road, rail, waterway, and air transport, all of which help drive economic development and trade.
2.1 Road
The national and provincial road system in Quang Nam is built along the North-South and East-West directions. Key transportation routes such as National Route 1A, the North-South Eastern Expressway, and National Route 14B run through many districts and towns in the province, linking with major cities across the country. This network facilitates travel and economic development.
Quang Nam also has a relatively well-developed system of provincial roads and inter-village routes. These roads play a crucial role in connecting central areas with districts and communes within the province, making trade and transportation more efficient for residents. Many of these roads are currently being upgraded, expanded, and improved, enhancing traffic flow and reducing congestion.
2.2. Railway
Quang Nam has the North-South railway line passing through, connecting the central provinces with other regions across the country. Major railway stations like Tam Ky station are important transit points, facilitating the transportation of goods and passengers between Quang Nam and other areas.Thua Thien Hue is traversed by the North-South Railway, providing convenient conditions for transporting goods across the country and enhancing economic connectivity and trade between the central provinces and those in the north and south. Notably, the presence of this railway also offers significant potential for developing diverse logistics and transportation services.
2.3. Waterway
Quang Nam has a rich system of rivers, with a total length of up to 941 km, of which the province manages and exploits 307 km, with 11 major rivers. These rivers play a vital role in agricultural development, inland waterway transport, and local economic growth.
Among the rivers, the Thu Bon and Truong Giang rivers are two major river systems, central to economic development, particularly in the fields of aquaculture and transport.
As a coastal province with a coastline stretching 125 km, Quang Nam has a significant advantage in the development of seaports. Tam Hiep Port and other smaller ports contribute to facilitating trade and goods transport with both domestic and international regions, particularly for heavy industries and exports.
2.4. Airway
Currently, Chu Lai Airport serves both domestic and international flights, with routes connecting to major cities such as Hanoi, Ho Chi Minh City, and other provinces.
Chu Lai Airport plays a significant role in the development of tourism and the economy in Quang Nam, especially for coastal areas and industrial zones such as the Chu Lai Open Economic Zone. It is one of the driving forces behind the robust growth of the tourism industry in regions like Hoi An and My Son, while also providing favorable conditions for investors to come to Quang Nam for industrial and commercial projects.
3. Quang Nam with high workforce for Sustainable Development
Quang Nam is one of the localities with a large population in the Central region. With its vast area and diverse population distribution, Quang Nam has great potential in terms of labor resources, making a significant contribution to the province's socio-economic development.
The population of Quang Nam is relatively young, with a large proportion in the working age. This is a major advantage, providing the province with a plentiful labor force ready to meet the demands of various industries, services, and agriculture.
In recent years, Quang Nam has focused on developing a highly skilled workforce through training programs and collaborations with universities and colleges both within and outside the province. Industries such as information technology, mechanics, and tourism services have gradually attracted young, qualified labor, enhancing the overall quality of the workforce.
4. Noticeable Advantages for Businesses Renting Factories in Quang Nam
Renting industrial space in Quang Nam offers several advantages for businesses, from strategic geographical location to local government support. Here are some key benefits:
Strategic Geographical Location: Quang Nam boasts a strategic location in central Vietnam, making it easy to connect with other key regions in the country. Additionally, the area has been invested in with a synchronized infrastructure, including major roads, seaports, and airports, making it convenient for businesses to import and export goods to both domestic and international markets.
Reasonable Rental Costs: The cost of renting industrial spaces in Quang Nam is typically lower compared to other major economic regions. This provides a significant advantage for businesses, especially small and medium-sized enterprises looking to optimize operational costs.
Flexible Space Options: Industrial spaces in Quang Nam are designed with flexibility in mind, allowing businesses to easily choose spaces that match their production scale and future expansion plans.
Integrated Modern Amenities and Infrastructure: Rental industrial spaces are typically equipped with all necessary utilities and meet high safety and quality standards.
5. Diverse Industries In Quang Nam Factory for Rent
Quang Nam is an attractive destination for both domestic and foreign businesses, thanks to its modern, flexible industrial spaces suitable for various fields of production and business. With strong support from the local government and developed industrial infrastructure, renting industrial space in Quang Nam is an ideal choice for industries such as:
The Dien Nam Dien Ngoc Factory in the Dien Nam Dien Ngoc industrial park, located in Dien Nam Trung Commune, Hoi An City, Quang Nam, is one of the prominent projects playing a crucial role in the province's economic development.
With its location at the northern gateway of Quang Nam, adjacent to Provincial Road 607 connecting Da Nang City and the ancient town of Hoi An, the Dien Nam Dien Ngoc Industrial Zone enjoys favorable transportation connections:
Currently, Dien Nam Dien Ngoc is offering industrial spaces for rent, with a total floor area of up to 2,441,200 m². Each floor is 5,000 m² and can be flexibly divided to meet 100% of the different space requirements of tenants from various industrial sectors.
The Dien Nam Dien Ngoc Factory in the Dien Nam Dien Ngoc Industrial Zone primarily caters to industries such as:
This rental industrial space provides an ideal opportunity for businesses seeking production spaces at a strategic location, with developed infrastructure and excellent transportation connectivity.
RSQUARE : Your Expert Real Estate Advisor |
RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities. |
E mail : support@rsquare.vn |
Phone : +84-28-3636-9641(VN,EN) +84-2-6925-3928(KR) |
RSQUARE : Your Expert Real Estate Advisor | |
RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities. | |
E mail : support@rsquare.vn | Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR) |
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RSQUARE Co., LTD
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean) E-mail : support@rsquare.vn
© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.