09 Aug One more famous Korea enterprise invested in Yen Phong Industrial Park – Viglacera
In the morning 16th July 2015, Viglacera Land and Ottogi Vietnam Limited Company (Company with 100% Korea investment capital) signed the Land Lease Contract in Yen Phong Industrial Park (Bac Ninh) to build food and bereave processing factory.
Ottogi is one of the Korea leading food companies with more than 2000 food products. The products of Ottogi always concentrate on food criterion “better quality, better nutrition and more domination”.
According to the plan, Ottogi Vietnam Limited Company will implement to build the factory on the area of 66.000 m2 in the 1st quarter of 2016 with total investment fund up to USD 10 million and officially start to operate in the 3rd 2016. As an Industrial Park investor, Viglacera agreed to facilitate infrastructure and services to ensure for the enterprises to implement fluently the investment and manufacturing process in Yen Phong Industrial Park.
Contract signing ceremony on land lease between Viglacera Land and Ottogi Vietnam Limited Company
With about 20 Korea enterprises operating in the Industrial Park, in which there are many major brands: Samsung, Orion, Flexcom, Dongsin, Mobase, Dawo Vina, Hansol, AK Chemtech…
Yen Phong Industrial Park is considered a preferential location to Korea investors, especially enterprises in food process and high tech and electronics manufacturing sector.
Picture of Yen Phong Industrial Park
Yen Phong Industrial Park is located in Bac Ninh, constructed in 2005 with total area of 658.71 hectare. This is an industrial park with integrative technique infrastructure, favorable geographical location, far from Noi Bai airport just only 15 minutes of driving. The Industrial Park is located in the Nam Ninh – Lang Son – Ha Noi – Hai Phong – Ha Long economic corridor with major roads running through.
The investor – Viglacera Corporation – is known as the investor of 9 industrial parks, in the Northern and the Central of Vietnam, with total investment area up to 3.130 hectare. Favorable geographical location, traffic system, integrative services and safe security are the advantages of industrial parks of Viglacera. They are also the most concerning and top priority factors which the investors pay attention in choosing the investment location. Viglacera has won many international awards “The best industrial park developer in Vietnam” and “The most dynamic developer in Vietnam” for the achievement in the development of housing and industrial parks real estate.