14 Nov Viglacera starts construction of its 10th industrial park
On November 11, 2016, Viglacera Corporation-JSC (Viglacera) held the ground-breaking ceremony for the Dong Van IV Industrial Park (IP) in the northern province of Ha Nam.
The Dong Van IV IP construction started three months after the project was licensed. Construction of the 600-hectare IP will be divided into two phases with the first phase, which covers 300 hectares, located in the province’s Kim Bang district.
The IP is located near National Highway 38. From here it is easy to access National Highway 1 to go to Hanoi and the Hanoi – Haiphong Expressway to go to Haiphong Port. It takes 40 minutes to transport goods from the IP to Noi Bai International Airport and 75 minutes to transport goods from the IP to Haiphong Port, thus exporting goods by both air and road is convenient.
The area has an advantage in human resources with 500,000 local workers in Ha Nam and approximately four million workers from neighbouring provinces. In order to attract human resources, Viglacera will build accommodations for workers and specialists close to the IP.
In the framework of the IP’s ground-breaking ceremony, Chairman of the Ha Nam People’s Committee granted investment certificates to three South Korean firms. Viglacera had completed the site clearance and handed over sites for these firms to build factories, which are expected to come into official operation in 2017.
Established in 1974, Viglacera has developed from a traditional brick and ceramics manufacturer to a state-owned conglomerate with a focus on building material production and development of infrastructure, IPs and residential and business properties.
The firm has a total of 40 subsidiaries and affiliated companies nationwide. As of now, Viglacera has developed 10 IPs across the country. These IPs have attracted over 200 foreign companies coming from South Korea, Japan, Taiwan, some of which are Samsung, Canon, Orion and Sumitomo.
With its slogan “Investors’ Success is Our Success”, Viglacera develops IPs with convenient location, transport infrastructure as well as good quality facilities and security in order to ensure investors’ activities are carried out under the best conditions. Viglacera has received international awards such as, “Best Vietnamese IP Developer” and “Vietnam’s Most Active Developer” awarded by BCI Asia for its achievements in industrial and residential property development.
Source: Vietnam Investment Review