Sojitz Corporation

CLOSE

Establishment of Industrial Parks in Emerging Countries

August, 2012

In many cases, emerging countries in Asia do not have sufficient industrial infrastructure, which limits industrial development. Sojitz is establishing industrial infrastructure by developing industrial parks, which contributes to the promotion of local industry and employment expansion while supporting the advance of overseas companies into emerging countries.

link08_img15.jpg
Artist's conception of GIIC

For example, Sojitz is developing the Greenland International Industrial Center (GIIC) in Indonesia. We expanded our original development plan by 300 hectares as a result of rapid economic growth in Indonesia, and intend to increase the area of the industrial park to a total of 1,300 hectares. The lots are sold to Japanese and other foreign companies, particularly those in rapidly growing manufacturing industries such as motorcycle and automobile components, consumer electronics and consumer nondurables. We also provide various transplant assistance services while constructing production bases for ongoing economic development in the ASEAN region.

In Vietnam, Sojitz developed the Loteco Industrial Park (Loteco) in Dong Nai Province in 1996, and is now operating it. We also invested in Long Duc Investment Co., Ltd., with the aim of developing the Long Duc Industrial Park located in the same province as Loteco. The company started development in February 2012 and plans to complete infrastructure in summer 2013, at which time tenants can start production.

Sojitz will develop the Sojitz-Motherson Industrial Park (SMIP) on the outskirts of Chennai, Tamil Nadu, India through a joint venture with the Motherson Group. Construction is scheduled to start in spring 2013, with infrastructure completion and commencement of tenant product planned in summer 2014.

link08_712_e.jpg
Industrial Parks in Asia

Page top