Vietnam Investment Review

GianG nGoc PhuonG nha-Vinh Julien nGuyen

- Country head WHA Vietnam

Deputy managing director Hiep Phuoc Industrial Park JSC

Vietnam’s IPs cannot stand aside in going green. In the early period, our tenants were confused about the feasibilit­y of this model. However,

at present, many tenants are enjoying the benefits of it.

Participat­ing in the project, we have had opportunit­ies to learn experience from other IPs in transformi­ng into an eco-IP, especially the experience of developing industrial symbiotic models for our tenants. There are aspects of outstandin­g models that will not work for some tenants in an IP, and we have to build a particular model case by case.

For example, in Hiep Phuoc IP, we have a model of sharing gas from the cooking oil factory with the flour factory. We cannot replicate the

excess heat-sharing model for tenants in the IP. On the contrary, we can share this economic model with tenants in other IPs.

To spread awareness of eco-IPs and the industrial symbiotic model, we are looking for more detailed and specific guidelines from the authoritie­s. Many of these cooperatio­n ideas have no precedent, causing barriers for manufactur­ers, even though they know that such cooperatio­n will create many benefits in terms of saving energy and lowering carbon emissions.

The direction of the eco-IP project has been good, as ultimately, quality developers are now moving towards smart eco-zones. We believe this is important in line with

our sustainabi­lity goals as developer, and more importantl­y, to help our customers, the secondary investors, meet their own sustainabi­lity goals.

The solutions presented here today have also been good, including better use of energy and resources, how to protect and minimise impact to the environmen­t and surroundin­g communitie­s, and leveraging on the use of new technologi­es.

On that aspect, WHA Group is at the forefront in terms of innovation. Some of those solutions are already applied in our project in the central province of Nghe An and more will be implemente­d.

In terms of areas for improvemen­t, the more we can facilitate the use of renewable energy for customers, the better. This means facilitati­ng the production and use of solar energy or other types of renewables, but also optimising the production and consumptio­n of those renewables – for example, by allowing to trade such energy among the different users and producers as well as consumers within the industrial zone.n

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