With comprehensive infrastructure, convenient transportation and a favourable location, Aurora Textile Industrial Park has become a reliable destination for foreign investors in Viet Nam. Thanks to the advantages in location, labour resources and government incentives, as well as predictions about the reorganisation of international supply chains, Viet Nam has huge development opportunities to ride the new foreign investment wave and become a manufacturing hub for the world.
The successful containment of the COVID-19 pandemic together with the increasing shift of foreign investment to Viet Nam is offering the country many opportunities to boost its economic development and attract more foreign investors, especially those giving priority to sustainable development.
According to recent studies, consumers are paying particular attention to more sustainable practices of fashion products and the fashion industry as a whole. Therefore, producers and retailers must be highly responsive to market changes and move towards sustainable development.
The number of industrial zones in Viet Nam continues to rise as foreign investment pours in. As of October 2020, there were 369 industrial zones set up countrywide, with a total area of 73,600 ha. The occupancy rate reached 71.1 percent, according to the Ministry of Planning and Investment.
Aurora Textile Industrial Park has offered favourable conditions for businesses to achieve their sustainable goals.
The industrial park is located in Ninh Co Economic Zone, which covers 14,000 hectares with comprehensive infrastructure such as airports, seaports and power supply facilities in Rang Dong Town, Nghia Hung District, Nam Dinh Province.
The industrial park is conveniently connected to Hai Thinh Port, Haiphong Port and Cai Lan Deep Sea Port. It is 50km from downtown Nam Dinh City, 130km from downtown Ha Noi City, 40km from downtown Ninh Binh City, 75km from downtown Thai Binh City, 150km from Noi Bai International Airport and 145km from Cat Bi International Airport.
Aurora IP spreads over an area of about 520 hectares, composing of commercial leasing units, technical and infrastructure land, workers' living quarters and IP administration and service lots.
Economic development associated with corporate social responsibility and environmental protection practices has become the guideline of Cat Tuong Group, the investor of Aurora IP. Therefore, since the very first days of its establishment, Aurora IP is oriented to be a green and sustainable industrial park.
Aurora IP is surrounded by a 17km green fence of casuarina trees and canals, instead of common concrete walls like traditional industrial parks. The industrial park is also adjacent to a mangrove forest to the southwest. In addition, the industrial park has a nursery garden of 5 hectares.
With priorities in renewable energies, the electricity supply for the lighting system at the industrial park comes from solar power. The park also encourages investors to install rooftop solar power for their factories.
Aurora IP has developed its river water supply system of 170,000 CBM/day-night, exploiting from the Day River instead of groundwater to minimize impacts on the environment. Aurora IP’s total capacity of wastewater treatment system is 110,000 CBM/day-night. The advanced wastewater treatment technology enables the industrial park to recycle up to 60% of its wastewater. The waste treatment system shall also be duly treated and monitored to ensure it is qualified for A-parameter of Vietnamese national technical regulations. Moreover, Cat Tuong Group has conducted research into enhancing the system’s capacity and utilises recycled materials from the mud treatment process.
The waste treatment system is ensured to meet regulations and be strictly monitored to avoid negative impacts on the ecological environment.
Aurora IP has designed its commercial land into functional areas, which are connected to the ground transportation system, including the North-South National Highway and the Coastal Economic Route. Moreover, the industrial park has a wide green aisle along its internal roads to lessen the vibration impacts caused by vehicles during the operations of machinery and equipment inside the factories.
With the orientation of a sustainable and eco-friendly industrial park, Aurora IP is developed with comprehensive amenities such as accommodation for experts and workers, supermarket, banking services, post office, kindergarten and Aurora training centre.
Aurora IP is expected to remove bottlenecks in treating wastewater from the dyeing process and other pollutants to the textile industry.
Recently, regardless of unfavourable economic and social conditions due to the COVID-19 pandemic, Aurora IP has successfully closed deals with two foreign secondary investors and attracted nearly US$210 million of foreign direct investment for high-tech textile projects.
In October, Aurora IP also won two awards at PropertyGuru Vietnam Property Awards 2020, including the Best Industrial Development and the Best Commercial Green Development.
Developed by a prestigious investor with comprehensive infrastructure and advanced technologies, Aurora IP is a promising destination for the long-term sustainable development of foreign investors in Viet Nam.
Aurora IP website: http://auroraip.vn/