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Famous French Group Invests 55 Million USD in Logistics and Industrial Center Project in Vietnam

Báo An ninh Thủ đôBáo An ninh Thủ đô14/12/2023


ANTD.VN - French IDEC Group invested about 55 million USD in the Horizon Park project - Logistics and industrial center in Bac Ninh province, expected to be completed in the first quarter of 2025.

Dự án Horizon Park tại Bắc Ninh có diện tích mặt sàn 70.000m2

Horizon Park project in Bac Ninh has a floor area of ​​70,000m2

Through its subsidiary IDEC GROUP ASIA Vietnam, on December 13, IDEC started construction of the Horizon Park project.

Mr. Patrice LAFARGUE - Chairman and Founder of IDEC Group said: “This is a groundbreaking project and has a prominent role compared to existing projects in the locality… With the Horizon Park project, the IDEC GROUP ASIA Vietnam team is committed to applying and integrating the same methods and precision as in France, while also incorporating a bit of French spirit and culture that logistics and industrial services in Vietnam are still lacking”.

Developed on a 12-hectare land plot, the future Horizon Park will be located amidst attractive industrial parks and economic platforms, offering 70,000m2 of floor space for lease or sale.

The space is divided into 26 rooms with an area of ​​about 2,500 m2 each, meeting warehouse logistics standards equivalent to European Class A such as: floor load capacity of 5 tons/m2, static space height of nearly 11m and equipped with qualified service facilities (automatic raised floors, sliding doors, fire alarm systems...).

“The turnkey solution is inspired by the IDEC group serving customers in France and is a new breakthrough in Vietnam. We have already exchanged and discussed with a number of future customers, renting one or more different yards” - Mr. Patrice LAFARGUE shared more.

The project consists of 4 components, of which component 1 has been completed and put into operation since June 2023; the remaining 3 components are expected to be completed and put into operation from the first quarter of 2025. This is the largest project of IDEC GROUP ASIA in Vietnam.

Before investing in this project in Bac Ninh, IDEC GROUP ASIA in Vietnam had projects in Ho Chi Minh City, Binh Duong, Bac Ninh, Bac Giang...

IDEC is a large real estate company that brings together more than 20 companies with expertise in different fields. The IDEC Group is headquartered in France and expands to other countries as a developer, investor, designer, constructor and innovator of energy solutions for all types of buildings.



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