Developments in Vietnam
In 2019 Rent-A-Port refocused its developments in Vietnam, more particularly the DEEP C Industrial Zones in Haiphong. The land in the first industrial zone, the Dinh Vu Industrial Zone, has already been largely developed and sold. The industrial zones could be further developed partly thanks to the financial support of its shareholders. At the same time, strong partners were sought for the two industrial zones in Quang Ninh to help support and speed up the development process. As a result of this a significant increase in land sales is expected for the next years while Deep C continues to expand its services by offering ready-built warehouses, a reliable telecommunication network, a growing energy hub, full water waste management, firefighting capabilities as well as park management services in a strategic investment location in northern Vietnam.