On March 21, 2025, the Investment Registration Certificate was officially granted for Avatar Vietnam, a project invested in by CapitaLand Investment (CLI) at Amata City Ha Long Industrial Park. This marks the launch of the first ready-built factory in the industrial park.
Headquartered and listed in Singapore, CLI is a leading global real asset manager with a strong Asia foothold. As at 31 December 2024, CLI had S$136 billion of assets under management, as well as S$117 billion of funds under management held via stakes in seven listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies. Its portfolio spans the globe with operations across 45 countries in 270 cities, with long-standing presence and extensive real estate experience in its Southeast Asia, one of its core markets.
The Avatar Vietnam project spans 6.4 hectares and will consist of three zones, eight factories, supporting facilities with a total investment value of 23.3 million USD. The project is scheduled for completion and operation by January 2027. The project aims to meet the needs of enterprises for leasing factories, warehouses, office spaces, and other supporting facilities for production.
Amata City Ha Long Industrial Park
To date, Amata City Ha Long has attracted 20 projects with a total investment capital of over 2.9 billion USD. These projects play a crucial role in creating local employment opportunities and significantly contribute to the economic growth of the province.
With many investment advantages including attractive tax incentives, synchronous infrastructure, strategic location, and a favorable investment environment, Amata City Ha Long has been the fastest-investing and largest FDI industrial park (IP) in Quang Ninh province, as well as an attractive investment destination for enterprises looking for their ideal investment environment in Vietnam.
