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Jotun Paint Group signed a contract to lease land of 10 hectares in Hiep Phuoc Industrial Zone

06/09/2025 Investors

On April 26th, 2008, GEM Center, signed a land lease contract between Hiep Phuoc Industrial Park Joint Stock Company and Jotun Paint Corporation to build a paint factory to expand production scale marking the project "Green Building" in Hiep Phuoc Industrial Park of the world leading paint group.

On April 26th, 2008, GEM Center, signed a land lease contract between Hiep Phuoc Industrial Park Joint Stock Company and Jotun Paint Corporation to build a paint factory to expand production scale marking the project "Green Building" in Hiep Phuoc Industrial Park of the world leading paint group.

Jotun Paint Group signed a contract to lease land of 10 hectares in Hiep Phuoc Industrial Zone

Leaders of Hiep Phuoc Industrial Park Joint Stock Company and Jotun Paint Group jointly signed a land lease contract

The ceremony was attended by Mr. Nguyen Hoang Nang - Chairman - Hepza Management Board, Mr. Baard Kristian Tonning - Executive Vice President of Jotun Paint Group, Mr. Johnny Kolding - General Director of Jotun Paint Vietnam Co., Ltd, Nguyen Truong Bao Khanh - General Director of HIPC Phuoc Industrial Park Joint Stock Company (HIPC), representative of law firm Russin Vecchi, BIDV Bank representatives Phu My Hung branch ...

Jotun Paint Group signed a contract to lease land of 10 hectares in Hiep Phuoc Industrial Zone

Mr. Nguyen Hoang Nang, representative of Hepza, granted the project investment certificate in Hiep Phuoc Industrial Parkto Jotun Group

Accordingly, Jotun Paint Group has leased an industrial plot of 10 ha in Hiep Phuoc Industrial Zone to carry out a project to build a factory of decorative paint, Hang Hai paint, Industrial paint and Electrostatic paint. . This is Jotun's second factory in Vietnam using modern technology, known as "Green Building" in Hiep Phuoc Industrial Zone, with a size of 10 times that of Jotun's first factory in Binh Duong. The total investment of the project is $ 70 million, with the initial scale of 80 million liters of liquid paint and 10 million kilograms of powder paint per year.

One of the main reasons for the Group to choose Hiep Phuoc Industrial Park to build a paint factory is by Hiep Phuoc Industrial Park located in a strategic location. With convenient transportation infrastructure, road, railway, waterway transport, international port system, internal customs department, convenient for import and export, easy customs clearance, Hiep Phuoc Industrial Zone It is a landmark in the eyes of industrial land investors not just Jotun.

About the chance of cooperation, Nguyen Truong Bao Khanh - General Director of Hiep Phuoc Industrial Park Joint Stock Company, said Jotun is a multinational corporation with a history of over 90 years famous around the world with products paints and coatings. Jotun paint group believes that choosing Hiep Phuoc as a long-term investment partner will create confidence for investors who are in the process of researching industrial land leasing in Vietnam.

Accordingly, Jotun Paint Group has leased an industrial plot of 10 ha in Hiep Phuoc Industrial Zone to carry out a project to build a factory of decorative paint, Hang Hai paint, Industrial paint and Electrostatic paint. . This is Jotun's second factory in Vietnam using modern technology, known as "Green Building" in Hiep Phuoc Industrial Zone, with a size of 10 times that of Jotun's first factory in Binh Duong. The total investment of the project is $ 70 million, with the initial scale of 80 million liters of liquid paint and 10 million kilograms of powder paint per year.

Hiep Phuoc is the Industrial Park with the largest land fund in Ho Chi Minh City, strategically located right on the national highway and road traffic axis, along with a system of 3 internal international seaports, helping investors save time, transportation costs and create competitive advantages in the market.

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HIEP PHUOC INDUSTRIAL PARK JOINT STOCK COMPANY

Address: Division B, Road No.1, Hiep Phuoc Industrial Park, Hiep Phuoc Commune, Ho Chi Minh City, Vietnam

Hotline: (+84) 964 11 88 33 

Email: marketing@hiepphuoc.com

Hiep Phuoc Industrial Park, Nha Be District, Ho Chi Minh City with a total area of 1.686 ha

  • Owning strategic location, is the largest industrial park in Ho Chi Minh City.
  • Comprehensive technical infrastructure: electricity, water, waste water treatment, telecommunication, industrial gas network, ...
  • The system of international seaports helps save time and transport costs. On-site customs clearance procedures facilitate the import and export of goods.
  • Quick, free initial legal aid.

Over the past 20 years, 200 domestic and foreign investors have chosen Hiep Phuoc Industrial Park as their sustainable development partner. We are committed to continuous improvement and innovation to bring the highest benefit value for each investor when coming to Hiep Phuoc Industrial Park.

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    Welcome to Hiep Phuoc Industrial Park – an ideal destination for investors in Ho Chi Minh City.

    Welcome to Hiep Phuoc Industrial Park – an ideal destination for investors in Ho Chi Minh City. Providing comprehensive solutions: industrial land, ready-built factories, custom-built factories, modern infrastructure, strategic location.

    HIEP PHUOC INDUSTRIAL PARK JOINT STOCK COMPANY 4.9 5 9668
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    Division B, Road No. 1, Hiep Phuoc Industrial Park, Hiep Phuoc Commune, Ho Chi Minh City, Vietnam Hồ Chí Minh 70000 VN VN
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    Where is Hiep Phuoc Industrial Park located?

    Hiep Phuoc Industrial Park is located in Nha Be District, Ho Chi Minh City, about 20 km from the city center and near Hiep Phuoc Port.

    What are the main industries operating in Hiep Phuoc Industrial Park?

    The park hosts industries such as logistics, mechanical engineering, food processing, construction materials, textiles, and supporting industries.

    How large is Hiep Phuoc Industrial Park?

    Hiep Phuoc Industrial Park covers an area of over 1,686 hectares, divided into multiple development phases.

    What are the advantages of investing in Hiep Phuoc Industrial Park?

    The park offers strategic location near ports, convenient transportation, modern infrastructure, and attractive investment incentives.

    Is Hiep Phuoc Industrial Park connected to major ports and highways?

    Yes. It is directly connected to Hiep Phuoc Port and has easy access to National Highway 1A and the Ben Luc – Long Thanh Expressway.

    What types of land or factories are available for rent?

    Investors can rent industrial land, ready-built factories, or build-to-suit facilities tailored to their business needs.

    Are there any environmental management systems in place?

    Yes. The park includes a centralized wastewater treatment system and complies with national environmental standards.

    What support services are offered to investors?

    Investors receive full support in legal procedures, construction permits, utilities, logistics, and workforce recruitment.

    How can I apply to lease land or factory space in Hiep Phuoc Industrial Park?

    You can contact the park’s investment department via the official website or directly through email and hotline for consultation.

    Are there residential or service areas nearby for employees?

    Yes. Surrounding areas offer housing, dormitories, schools, and commercial centers to meet workers’ daily needs.