Rent A Port to invest $128m in QuangNinh

visual from Rent A Port website

A consortium of three investors led by the Belgian  company Rent A Port has been granted the investment license for construction of Nam TienPhong Industrial Zone and Port in the QuangNinh Province. The other two companies in the consortium include, Infra Asia Investment Ltd. (InfraCo Asia) and International Port Engineering and Management (IPEM) .

The project that has a $128 million capital outlay, will be led by a joint venture vehicle Nam TienPhong JSC, which has been formed by these three companies. Nam TienPhong Industrial Zone and Port will cover an area of 487 hectares, forming a concentrated industrial zone that can meet the demands in manufacturing industry.

This will be Rent-A-Port and InfraAsia’s second industrial park and port complex project in Vietnam, after the Dinh Vu Industrial Park and port complex in the northern coastal city of Haiphong, which borders Quang Ninh.

The companies had invested in Dinh Vu IP in 1997 and are now starting the second phase of the complex, which has already attracted 53 projects so far, covering 50 per cent of the complex capacity, with a total investment going up to $3 billion.

Furthermore, a Thailand leading industrial zone developer Amata Corp had also proposed to build a high-tech industrial park and township complex in Quang Yen commune of QuangNinh province, with $2 billion capital. The proposal is still pending for approval by the government.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.