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LŌ-GOI Vietnam completes lease transaction with Amphenol Corporation

Published by Vietnam Investment Review · Vietnam 20 h ago
LŌ-GOI Vietnam completes lease transaction with Amphenol Corporation
LŌ-GOI Vietnam completes lease transaction with Amphenol Corporation · Vietnam Investment Review

Detailed summary

LŌ-GOI Group announced the completion of a 121,000 square metre lease with a subsidiary of Amphenol Corporation (NYSE: APH), one of the world’s largest designers and manufacturers of connectors, interconnect systems, antennas, and sensors.

Amphenol has been one of the standout growth stories in global electronics over the past decade, with annual sales more than quadrupling from approximately $5.6 billion in 2015 to a record $23.1 billion in 2025.

This growth has been driven by exceptional demand for its high-speed and power interconnect products in AI and data centre systems, alongside strong performance across its automotive, communications networks, defence, and industrial markets. Sustaining that momentum requires manufacturing capacity that can scale at pace without compromising operational efficiency.

LŌ-GOI Yen Phong, completed in Q4/2025, is a state-of-the-art LEED Gold facility and one of the largest assets of its kind in the province. The two-storey building offers approximately 121,000 sq.m of GLA and 1.28 million cubic metres of high-specification space, with 10.5m of clear height on each floor.

The development will also incorporate up to 6 MW of rooftop solar capacity, with LŌ-GOI supplying renewable electricity directly to Amphenol to support its on-site energy requirements. The transaction represents the largest single lease in LŌ-GOI Group’s Vietnam portfolio and one of the largest single leases of logistics and industrial space recorded in Vietnam.

The estate is located within Northern Key Economic Zone (NKEZ), in Bac Ninh province, one of Asia’s foremost electronics manufacturing hubs and home to an established supplier base serving many of the world’s leading technology manufacturers.

It has direct access to the highway network, with approximately 25 minutes’ driving time, or 22 km, to Noi Bai International Airport, northern Vietnam’s busiest airport, as well as convenient access to the province’s major industrial zones and Hanoi–Thai Nguyen Expressway, a key gateway to the wider northern Vietnam and southwest China supply chain.

Amphenol’s commitment reflects the continued relocation and expansion of advanced manufacturing capacity into Northern Vietnam, where demand from international…

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