Site of the Titan Quang Ninh Warehouse and Factory project in Dong Mai Industrial Park.
The Titan Quang Ninh Warehouse and Factory project marks the second venture by Frasers Property, a global real estate group headquartered in Singapore, within Dong Mai Industrial Park.
Strategically located in Dong Mai Industrial Park, the project is designed to support a diverse range of industries, from electronics to high-tech manufacturing, while ensuring efficiency, sustainability, and environmental compliance.
With a total investment of nearly VND 660 billion (approximately USD 26.4 million),
the project spans 8.3 hectares. It is designed to international standards, offering state-of-the-art industrial infrastructure for domestic and international manufacturers.
Groundbreaking ceremony of the project.
Following the success of Frasers Property’s first project in Quang Ninh, which commenced operations in November 2024, this new factory project has been launched. This brings the total investment by the group in Quang Ninh to USD 36 million.
The developer reported that the first project achieved 100% occupancy immediately upon completion. For the second project, which offers double the floor area,
approximately 60% of the warehouse space was pre-leased by the groundbreaking ceremony.
This project not only attracts secondary businesses, creates jobs, and increases revenue but also aligns with the province’s strategic goal of sustainable industrial development driven by technology and innovation.
A view of Dong Mai Industrial Park.
Quang Ninh is one of Vietnam’s leading provinces in attracting foreign direct investment (FDI). According to the Quang Ninh Statistics Office, in the first eight months of 2025, the province’s total FDI reached approximately USD 318.5 million.
During this period, 17 new projects were registered with a total capital of USD 193.04 million, and 13 existing projects increased their capital by USD 123.56 million. Non-state investment reached VND 194,008.927 billion, a 20-fold increase compared to the same period last year.
In the first eight months, the province granted investment decisions to 22 projects with a total capital of over VND 110,800 billion. These projects span various sectors, including core industries, services, and urban development.
In 2025, Quang Ninh aims to achieve a 14% growth rate, with investment attraction as a key driver. Priority sectors include high technology, renewable energy, logistics services, high-quality tourism, and semiconductors.
