Inheriting the pioneering attitude of being the midwife of industrial parks, ROX iPark is aggressively investing in technology with the aim of attaining ESG requirements on greening and sustainable growth of industrial parks.
Pioneering Journey
ROX iPark, previously known as TNI Holdings Vietnam, was the foremost developer of industrial park real estate in Vietnam and was often referred to as the midwife of industrial parks. Over twenty years ago, during the Vietnamese Government's implementation of policies to attract investors for the development and operation of industrial park infrastructure, ROX iPark (formerly known as VID Group and subsequently TNI Holdings Vietnam) was among the first to take part.
Phuc Dien Industrial Park, one of the first three industrial parks that ROX iPark developed in Hai Duong.
The company has recognized industrial park real estate as a distinct business sector with a variety of distinctive features. As a result, they have formulated a well-defined development plan with the goal of offering comprehensive solutions that maximize advantages for their customers and society.
Over the course of over 30 years, ROX iPark has established itself as a prominent player in the industry, boasting notable achievements such as the development of 14 industrial parks throughout 8 provinces and cities, covering a vast area of over 2,500 hectares. These parks have attracted the interest of 500 investors from both domestic and foreign markets, resulting in a cumulative investment of 5 billion USD. Furthermore, these parks are driven by an innovative mindset and an aspiration to enhance company efficiency, while simultaneously addressing societal issues and enhancing the quality of life for communities.
Given the numerous issues that Vietnamese industrial parks are currently encountering, such as energy management, environmental protection, and operational efficiency, ROX iPark has made the decision to reinvent its brand, in order to further its commitment to sustainable growth. The company aims to establish a comprehensive network of synchronized industrial parks that adhere to the highest ESG standards in terms of environmental sustainability, greening, infrastructure, management, and service approaches. Consequently, the company strives to foster outstanding experiences, positioning itself as a top choice for investors traveling to Vietnam.
The spirit of innovation and progress is still being passed down, with the aim of expanding the availability of industrial park real estate in a professional and sustainable manner, in order to attract more foreign direct investment (FDI) capital and support the government's aims for environmentally-friendly growth.
Towards a green & sustainable future
Experts assert that both the globe and Vietnam are progressing towards a future that prioritizes environmental sustainability, particularly in the context of industrial parks. By utilizing 4.0 technology, several industrial parks are transitioning from conventional models to ecological industrial parks. When selecting industrial parks to establish their enterprises, major investors prioritize buzzwords such as “green and “smart.
ROX iPark, a part of the ROX Group, has made green elements a top priority in its planning, design, and selection process for many years, as stated by a spokesperson of the company. Implementing greening practices enables ROX iPark to effectively pursue its sustainable development objectives.
ROX iPark is using digital transformation in every process to ensure the development of the industrial park in an environmentally friendly, hygienic, and sustainable manner. Industrial parks operate using an integrated closed-loop system that analyzes and processes information to improve managerial support, optimize operational expenses, reduce labor requirements, and improve service quality. Presently, the developer of this industrial park is testing a smart industrial park solution in Quang Minh and plans to use it in other regions in the future.
Application of traffic monitoring technology at ROX iPark.
ROX iPark is now developing three industrial parks, actively allocating resources, and investing in green standards.
The company's green transformation plan also encourages contract execution for the development of rooftop solar electricity in industrial parks. Additionally, ROX iPark allocates resources to the development of wastewater treatment facilities, consistently engages in tree planting initiatives, and diligently maintains green spaces, among other efforts.
The spokesperson for this real estate developer specializing in industrial parks stated that ROX iPark consistently endeavors to provide optimal support to investors in the realm of sustainable production and business inside industrial parks.
Mr. Nakagawa, representative of BTD, talked with Ms. Bich Thuy, CEO of ROX iPark.
When asked about expectations for partners, Mr. Nakagawa, representative of BTD, the unit that has accompanied ROX iPark for more than 2 decades, stated, “As times change, investors' needs are evolving quickly, and their demands for the investment environment are getting increasingly intricate, including the desire for digitization and green energy. ROX iPark, with over two decades of expertise collaborating with diverse international investors, will persist in developing innovative industrial parks tailored to fulfill investors' requirements.
The rising expectations of investors are a major motivator for ROX iPark to keep developing and getting better at itself. The pioneering attitude and the need for creativity and technology will equip ROX iPark to keep pace with the powerful wave of digital transformation and green transformation in the industrial park real estate sector, thereby creating new opportunities.