Sembcorp secures investment license for 490-hectare industrial park

The VSIP Ninh Xuan is positioned near deep-sea ports, major expressways, and airports.

Sembcorp Development will develop its 21st Vietnam Singapore Industrial Park (VSIP) in the Khanh Hoa Province in south-central Vietnam.

Sembcorp received its investment license for the new venture and it will partner with Becamex IDC Corporation in this latest addition to the VSIP portfolio that has developments in 14 Vietnam provinces.

Khanh Hoa province is seen as an emerging industrial and logistics hub, attracting increasing interest from local and international manufacturers as infrastructure advances.

Spanning 490 hectares, VSIP Ninh Xuan is positioned near deep-sea ports, major expressways, and airports.

This connectivity empowers global supply chains and drives growth for export-focused and clean-tech industries, according to a press statement from Sembcorp.

The park will adopt VSIP’s integrated township model, combining modern industrial infrastructure with urban support services to create a smart, green, and future-ready development, according to the statement.

Follow the link for more news on

Sembcorp Industries

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia