Build factories on industrial land for rent is a model that many businesses are interested in and choose to be autonomous in terms of structure and infrastructure to serve their purposes and industries. However, to build factories on rented land, businesses need to understand the legal procedures to avoid wasting time and money. Industrial Savills Vietnam will guide you through the process of applying for a permit to build a factory on the latest leased land.
Renting land to build factories, potential industrial real estate type, large market
Vietnam’s industrial real estate market is still a hot spot to attract FDI inflows. As of November 2022, the real estate business still ranked second in the industry when it attracted 3.5 billion USD, accounting for 18.7% of total registered capital. The highlight is that the demand for industrial real estate rental in the third quarter of 2022 continued to grow compared to the previous quarter. The high occupancy rate has boosted the demand for industrial land for rent to build factories, promising to bring great profits to investors.
Facing the sharp increase in factory rents in industrial zones, many businesses have chosen to build factories on industrial land for rent to ensure stability and serve long-term operations. This will help businesses easily expand in the future. Commercial-oriented design increases the accessibility of SMEs.
Currently, industrial zones are synchronously planned, have a supportive traffic system, have the right functions and purposes, and are convenient for production activities. Investment units also quickly support legal procedures when leasing industrial land for businesses to quickly go into operation. Many industrial zones in Binh Duong, Dong Nai, Ho Chi Minh City, Hai Phong, Vinh Phuc, and other cities have very appealing support policies to attract both domestic and foreign investors.
Factory building procedures that businesses need to know to save time
Pursuant to Articles 3 and 4 of Circular 30/2014/TT-BTNMT, which stipulate that, according to the law in 2021, dossiers of completion of procedures for leasing land to build factories are divided into 2 cases:
In case the land is leased for a workshop, the dossier must include the following:
– Land rental application.
– A copy of the certificate of land use right, enclosed with the project description.
– Document on appraisal of land lease conditions for building warehouses and workshops.
– Extracted from the map of the land parcel measured by the cadastral.
In case the project to build a factory on leased land is not required to be submitted to the competent authority for appraisal, is not required to issue an investment certificate, or is not required to formulate an investment project, the dossier includes:
– Land lease application form according to Form 01 issued under Circular 30/2014/TT-BTNMT.
– A copy of the explanation about the enterprise’s factory lease project.
– Copy of economic – technical report.
– Extract the map of the land plot leased to build a factory.
After that, you will have to prepare a set of documents to submit to the People’s Committee of the province or city directly under the Central Government to decide on a land lease by the Department of Natural Resources and Environment, including the following documents:
– An application for land lease according to Form 01.
– A copy of the investment certificate or a legal document on the investment approval, enclosed with a description of the project.
– Economic – technical report in case the construction investment project is not required.
– Documents on appraisal of land use needs, appraisal of land lease lawsuits.
– The report attached to the draft decision on land lease is issued in accordance with the Circular.
– Extract the map of the leased land plot.
Read more: How much is the rental price of industrial land during the lease period?
Savills Vietnam – Consulting solutions to lease land to build a factory, complete legal support with a professional team
Savills Vietnam, with more than 5 years of experience in the field of leasing land to build factories, owning real estate data analyzed and reported has brought intuitive and grounded judgments. Based on that, our customers always anticipate the development trend in the industrial real estate market, to have a reasonable investment to bring high profit.
Savills Vietnam’s industrial land leasing solutions are always well received by partners
Savills Vietnam with a team of experts and a system of factories for rent spread throughout the provinces: Hanoi, Hai Phong, Bac Ninh, Da Nang, Binh Duong, Dong Nai, Ho Chi Minh City,… help you easily select the most reasonable industrial land for rent to build factories for enterprises.
In particular, we always support customers in building and completing documents for the fastest licensing, saving you time and money.
Industrial land for rent in Nam Sach, Hai Duong
– The whole area: 180ha
– Vacant area: 127ha
– Deposit: 20% of the total rent
– Price: Contact Savills Vietnam
Industrial land for rent in Nam Sach, Hai Duong
Industrial land for rent in Go Dau, Tay Ninh
– Entire area: 1020 ha
– Vacant area: 180ha
– Deposit: 10% of total rent
– Price: Contact Savills Vietnam
Industrial land for rent in Go Dau, Tay Ninh
Industrial land for rent in Thu Duc, HCMC
– The whole area: 27.34 ha
– Deposit: 10% of total rent
– Price: Contact Savills Vietnam
Industrial land for rent in Thu Duc, HCMC
Industrial land for lease to build Chau Duc factory, Ba Ria – Vung Tau
– The whole area: 2287ha
– Deposit: 10% of total rent
– Price: Contact Savills Vietnam
Industrial land for lease to build Chau Duc factory, Ba Ria – Vung Tau
Explore more on Industrial Land For Lease in Binh Thuan
Conclusion
Hopefully, the above instructions on the procedure for applying for a permit to build a factory on leased land will help businesses have an overview of the documents to be prepared to avoid wasting time. However, now there are many package rental units that you can choose from to get full support in all aspects when using the service at this place.
If you are in need of advice on industrial land for rent to build factories, please contact us immediately, Mr. John Campbell via hotline: 0986.718.337, or a team of senior experts at Savills Vietnam, for advice on land leasing solutions suitable for your business.
In addition, you can refer to Savills Vietnam’s industrial real estate projects here.
