Building a Factory in an Industrial Park: What Should Businesses Prepare?
As Vietnam continues to attract manufacturing investment and global supply chains, demand for factories and warehouses in industrial parks (IPs) and industrial clusters (ICs) is steadily increasing. According to Cushman & Wakefield’s Waypoint 2026 report, Vietnam’s industrial real estate market remains attractive thanks to its strategic location, abundant workforce, and increasingly developed infrastructure.
However, for a factory project to progress from an initial concept to actual operation, businesses must complete a range of procedures relating to investment, land, construction, and acceptance in accordance with applicable regulations. Understanding the process from the outset helps businesses better manage timelines and costs while minimizing potential risks during implementation.
Below are six basic steps businesses should follow when investing in the construction of a factory in an industrial park or industrial cluster.
Why Should Businesses Secure Industrial Land Early?
From selecting a location to putting a factory into operation, the process typically takes approximately 6–18 months, depending on the scale of the project and the progress of administrative procedures.
Securing industrial land and completing factory construction early allows businesses to proactively plan production, shorten implementation timelines, and be ready to capture new business opportunities.
BMK Group Accompanies Businesses Throughout Their Investment Journey
BMK Group is currently developing Yen Binh 3 Industrial Park (Thai Nguyen), Tan Thinh Industrial Cluster (Ninh Binh), and Hong Viet Industrial Cluster (Hung Yen) with comprehensively developed infrastructure.
In addition to providing industrial land, BMK Group supports businesses in evaluating suitable locations, accessing planning information, and understanding the necessary procedures for project implementation and factory construction, helping shorten investment timelines and enable factories to commence operations sooner.
