On the afternoon of November 29, the People’s Committee of Yen Bai Province organized the awarding of the Investment Registration Certificate for the investment project of infrastructure construction and operation for Tran Yen IP (Phase I) to Viglacera Corporation – JSC.

At the ceremony, in the presence of the Secretary of the Provincial Party Committee and the Chairman of the PC of Yen Bai Province, Tran Huy Tuan, Yen Bai Industrial Zones Authority handed over the Investment Registration Certificate for infrastructure construction and business project of the Tran Yen IP (Phase 1) to Viglacera Corporation – JSC.

Leader of the PC of Yen Bai Province handed over the Investment Registration Certificate of infrastructure construction and business project for Yen Bai Industrial Park (phase 1) to Viglacera November 29, 2024.

Accordingly, the Tran Yen Industrial Park in Yen Bai Province has been approved by the Prime Minister for inclusion in the Vietnam Industrial Zones Development Plan for 2022, with a total area of 339 hectares located in Bao Hung and Minh Quan communes of Tran Yen District.

The location of this industrial park is less than 1 km away from the IC12 interchange of the Noi Bai – Lao Cai expressway. Transportation connections from Tran Yen IP to Noi Bai Airport are very convenient, thanks to the Ha Noi – Lao Cai expressway, taking only 1 hour and 40 minutes; and to the Lao Cai International Border Gate, it takes about 2 hours and 20 minutes.

The planning orientation is a multi-disciplinary industrial park, including the processing of agricultural and forestry products, high-quality building materials, minerals, chemical industry, consumer goods production, high-tech industry, and auxiliary industries.

The zoning plan of 1/2000 scale for Tran Yen Industrial Park (Phase I) has been approved by the PC of Yen Bai Province August 31, 2022, with the area designated for Phase I being 254.59 hectares.

The goal of the project is to invest in the construction and operation of the industrial park’s infrastructure. The total projected investment capital is VND 2,184.33 billion. The implementation timeline of the project is from the third quarter of 2024 to the fourth quarter of 2028. The project duration is set for 50 years from the date of approval for the investment policy and the investor.

Map of the Architectural Planning for Tran Yen Industrial Park, Yen Bai Province.

Mr. Nguyen Anh Tuan – General Director of Viglacera Corporation – JSC believes that, with the strong direction of the province, the project will soon break ground, presenting a great opportunity to attract investors. Regarding some tasks in the upcoming period, the General Director of Viglacera requests the province to support land clearance efforts and to ensure the early implementation of power supply and clean water services, etc. so that the project can start on schedule. Viglacera will prioritize technical issues, wastewater treatment, and commit to executing the project at a fast pace to quickly attract investors to Yen Bai.

Speaking at the ceremony, the Secretary of the Provincial Party Committee and Chairman of the PC of Yen Bai Provine, Mr. Tran Huy Tuan, emphasized that once operational, Tran Yen will be the second-largest industrial park in Yen Bai Province, serving as a key platform for attracting investment projects to the region. Tran Yen Industrial Park will create significant added value in industrial production and export turnover, contributing to accelerating the restructuring of the local economy.

Mr. Tran Huy Tuan requests that the relevant authorities of the province coordinate with Viglacera to expedite the procedures for land use shift in accordance with law regulations and to protect the environment during the construction and operational phases.