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Sojitz Concludes Mutual Cooperation Agreement with Hamamatsu City to Promote Overseas Industrial Parks

– Granting Incentives to Japanese Companies Expanding Business Overseas to Industrial Parks in India, Vietnam, and Indonesia –

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Sep. 1, 2021
Sojitz Corporation

Sojitz Corporation (“Sojitz”) has concluded an agreement with Hamamatsu City to support Hamamatsu City companies to enter industrial parks developed and operated by Sojitz in India, Vietnam, and Indonesia (“Sojitz industrial parks”).

Details of the Mutual Cooperation Agreement

[Details of the Mutual Cooperation Agreement]

Hamamatsu City will provide companies based in the city with informational seminars that promote overseas investment by Japanese companies as well as offer tours of these Sojitz industrial parks. Sojitz, in turn, will provide incentive benefits to Hamamatsu City companies that become new park tenants, such as reduced prices for lots, rental factories, and maintenance fees.

Sojitz has concluded similar agreements with Gunma Prefecture, Aichi Prefecture, Kobe City, Hyogo Economic Development Center, and Osaka Prefecture. Going forward, Sojitz will continue to support the overseas expansion of small and medium-sized companies in Japan while simultaneously contributing to economic development in India, Vietnam, and Indonesia.

[Related Information]

Incentive Benefits for New Tenants

Target: Companies with headquarters or manufacturing sites in Hamamatsu City

Incentive Benefits for New Tenants

Overview of Industrial Parks

1) Sojitz-Motherson Industrial Park (SMIP) —INDIA
Location:
Outer Chennai, Tamil Nadu, India
(60km west of central Chennai)
Total area:
approx. 115ha(area available for sale: approx. 65ha; area available for rental factories: Phase I factory fully occupied. Second factory planned.)
Sojitz-Motherson Industrial Park
Sojitz-Motherson Industrial Park
2) Long Duc Industrial Park—VIETNAM
Location:
Long Thanh, Dong Nai, Vietnam (40km east of central Ho Chi Minh City)
Total area:
approx. 270ha
(area available for sale: sold; rental factories: approx. 22,000㎡ (approx. 2.2ha))
Long Duc Industrial Park—VIETNAM
Long Duc Industrial Park—VIETNAM
3) Phu An Thanh Industrial Park—VIETNAM
Location:
Ben Luc, Long An, Vietnam
(36km west of central Ho Chi Minh City)
Total area:
approx. 353ha (area available for sale: approx.155ha)
Phu An Thanh Industrial Park—VIETNAM
Phu An Thanh Industrial Park—VIETNAM
4) Greenland International Industrial Center (GIIC) —INDONESIA
Location:
Bekasi, West Java, Indonesia
(45km east of central Jakarta)
Located within Deltamas City, a comprehensive urban infrastructure development project with a total area of approx. 3,200 ha
Total area:
approx. 2,200ha (area available for sale: approx. 300ha;
area available for rental factories: approx. 1,000㎡ (0.1ha))
Greenland International Industrial Center (GIIC) —INDONESIA
Greenland International Industrial Center (GIIC) —INDONESIA

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