Signing a long-term contract with a new partner, An Phat Complex reached over 65% of the leased area

28/11/2019

In the afternoon of 20 November, 2019, the signing ceremony of a factory lease agreement between An Phat High-tech Industrial Park Limited Company (An Phat Complex) and Shenzhen MTC Co., Ltd. (MTC Shenzen) took place at the headquarter of An Phat Bioplastics JSC (Lot CN11 + CN12, An Dong Industrial Cluster, Nam Sach town, Nam Sach district, Hai Duong province).

Attending the signing ceremony, regarding An Phat Holdings (the holding company of An Phat Complex), there were Mr. Nguyen Le Trung and Mr. Pham Hoang Viet – Vice Chairmans of the Group and Board of Directors of member companies under the Group.

Regarding MTC Shenzen, Mr. He Shengbin – CEO of Sales; Mr. Lan Yanyuan – CEO of MTC Vietnam and many other representatives attended this event.

In addition, the ceremony also had the participation of Ms. Dang Thi Hai – Director of branch of Vietnam Joint Stock Commercial Bank for Industry and Trade.

Accordingly, MTC Shenzen will rent An Phat Complex’s factory within 6 years and add another 1 year to the contract extension. The two sides will accelerate the renovation of the factory, expected to be handed over in December 2019.

An Phat Complex’s new partner is Shenzhen MTC Co., Ltd. (MTC Shenzen). This is an enterprise specializing in designing, developing, manufacturing and selling electrical and electronic products such as LCD TVs, set-top boxes, LED products, networking equipment, internet entertainment and other related services and products.

With the cooperation with MTC Shenzen, An Phat Complex has increased the industrial park leasing rate to more than 65%.

The signing ceremony marked the successful cooperation between the two sides after more than 1 month of negotiation. Previously, there were many exchanges and working sessions between An Phat Complex and MTC Shenzen in Vietnam and China. The Investment Promotion Department of An Phat Complex had actively provided information to MTC Shenzen, in order to meet the requirements of partners, from construction, logistics,… to finding housing for professionals.

Before MTC Shenzen, An Phat Complex was chosen as destinations by customers from the United States and Hong Kong. An Phat Complex is expected to reach 100% occupancy by 2020.

An Phat Complex is also planning to invest in another industrial park in Hai Duong, which is Quoc Tuan An Binh. This is an industrial park in Nam Sach district, Hai Duong province, located adjacent to the West of Highway 37 at Km69, located in the administrative boundaries of 3 communes Quoc Tuan, An Binh and An Lam of Nam Sach district of Hai Duong province.

Quoc Tuan An Binh in the first phase is expected to exploit 180 hectares and be completed by the end of 2020.

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