Are you ready to invest in a factory in a new market?
Demand for rental of service factories near Ho Chi Minh City increases dramatically. Especially with the rapid development of the industry in the South of Vietnam, enterprises need to pay attention to invest in factories for efficient production?
1/ Determine suitable manufacturing industry for factory investment
The industrial sector in Vietnam is booming. There are more and more investment policies for domestic and foreign enterprises. Every company or corporation wants to expand its production scale. Enterprises want to choose an economical and safe service factory with costs with favorable location and production profitability.
Remember that whether a factory investment is successful depends greatly on the purpose of the enterprises. Conditions of service factory must be in line with the products manufactured by enterprises. When choosing to rent a service factory near HCMC, never forget to consider and determine the appropriate manufacturing industry.
2/ Factory location
The rental of service factories near Ho Chi Minh City relates to political and legal issues. Enterprises must also pay attention if the location of the factory is appropriate. The factory for rent is not necessarily in the large industrial parks or the city center because these locations will cost a lot of rent.
Enterprises should invest in a factory with a spacious location and convenient transportation of goods. At the same time, the location must point to the major traffic axes. For the most convenience, it is recommended to rent a ready-built factory with many residential areas. This is convenient for their workers to rent accommodation near the factory. In addition, the factory environment is also very important. The surrounding residential area, environment, living conditions and regional security should be considered as well.
3/ Determination upon market entry
The investment in factories to expand production scale seems simple. However, lack of experience and determination when facing risks cause the project to easily fail. Enterprises need to consider the cost of buying land, investing in machinery and equipment, etc. The cost can be more than millions or hundreds of million VND.
Also, you have to buy your production inputs, i.e. the stock you need to produce your final products. Business licensing procedures, trademark registration and patents will sometimes be difficult. Each investment opportunity always carries potential risks. It is important for enterprises to understand the level of possible risks.
It is the first step that counts. Success only comes to enduring and persistent enterprises. Kizuna JV Corporation has gone through many activities with many models of factories for rent. Kizuna is confident to be a good lessor of service factory for rent near HCMC. Our services will bring a solid production environment for enterprises.