Hai Phong City Party Committee Secretary Le Tien Chau and the delegation visit the Ponavka area.

On the evening of December 1 local time, Le Tien Chau, Member of the Party Central Committee, Secretary of the City Party Committee and Head of the Hai Phong City National Assembly Delegation, and the delegation met and worked with Remon Leonard Vos, Chief Executive Officer of CTP Group—the Czech Republic’s largest commercial real estate management and development group, headquartered in Brno.

Hai Phong City Party Committee Secretary Le Tien Chau and the delegation visit CTPark Brno.

At the meeting, the Hai Phong Economic Zone Authority and CTP Group signed a memorandum of understanding to establish a cooperative relationship between the two sides and concretise CTP’s orientation to develop high-tech industrial parks providing integrated services in the Hai Phong area.

Under the memorandum, CTP has committed to immediately investing EUR 1 billion in Hai Phong in the coming years.

CTP seeks permission to lease land in Hai Phong to develop high-tech industrial parks, including ready-built factories (RBF) and ready-built warehouses (RBW), in line with CTPark’s distinctive standards, which have proven successful in attracting high-tech investors and creating employment opportunities.

At the meeting, City Party Committee Secretary Le Tien Chau welcomed CTP Group’s choice of Hai Phong as an investment destination, considering it a choice that demonstrates trust and a determination to stay alongside and support Hai Phong during its acceleration phase and contribute to its long-term development goals.

Hai Phong values cooperation with partners from the Czech Republic, appreciates CTP’s strengths and believes that areas of mutual strength and interest can soon be implemented.

Under the memorandum, CTP has committed to immediately investing EUR 1 billion in Hai Phong in the coming years.

The City Party Committee Secretary stressed that Hai Phong regards FDI as an important component of the economy and will create the best conditions to protect investors’ legitimate rights and interests. The city government regards business success as its own success and will listen, share a vision and act together for sustainable development.

CTP is a group with one of the Czech Republic’s leading industrial and logistics platforms, more than 1,500 tenants and annual rent revenue of EUR 757 million. CTP focuses on developing real estate products in the form of large-scale, economically vibrant parks. These parks meet high standards in methodology, processes, technologies and construction materials. CTP is also a market leader in the CEE region, Europe’s fastest-growing region, and currently has 20 CTP-managed parks in the Czech Republic certified under BREEAM.

Earlier, City Party Committee Secretary Le Tien Chau and the delegation visited several CTP models, including the Domeq industrial park and CTBox. The delegation also visited CTPark Brno, a commercial real estate model regarded as a knowledge centre and logistics gateway, and one of the Czech Republic’s fastest-growing business destinations.