On March 18, 2024, Deputy Prime Minister Le Minh Khai signed Decision No. 234/QD-TTg approving the investment policy “Infrastructure investment and construction project of Doc Da Trang Industrial Park, Khanh Hoa Province”. The project is invested by Viglacera Yen My Industrial Park Development Joint Stock Company – a subsidiary of Viglacera Corporation – JSC, implemented on an area of ​​288ha, with a total investment capital of estimated VND 1,807,474 billion.

Location of the project: Van Hung Commune, Van Ninh District and Ninh Tho Commune, Ninh Hoa Town, Khanh Hoa Province. The duration of the project is 50 years from the date of investment policy and investor approval.

Previously, on March 07, 2024, Deputy Prime Minister Le Minh Khai signed Decision No. 225/QD-TTg approving the investment policy for infrastructure investment and construction project in Song Cong II Industrial Park, phase 2 in Thai Nguyen Province. The project is invested by Viglacera Thai Nguyen Joint Stock Company, another subsidiary of Viglacera Corporation – JSC, with a land area of 296.24 ha with a total investment capital of VND 3,985.47 billion. Thus, in March this year, two consecutive investment projects on industrial park infrastructure investment and construction were assigned to units of Viglacera Corporation as investors.

To ensure that the implementation progress as well as sustainable factors for the project implementation are synchronized, in addition to clearly assigning responsibilities to the functional ministries and industries, the Decision also requires the People’s Committee of Khanh Hoa Province to update the location and scale of the area of Doc Da Trang Industrial Park into the land use plan of Khanh Hoa Province in 5 years (2021-2025) in accordance with the provisions of the Land law; and construct and implement the plan for land recovery, compensation, site clearance, conversion of land use purposes, land lease to implement the project in accordance with the documents approved by competent authorities on the scale, location and progress; ensure no disputes and complaints.

Viglacera Yen My Industrial Park Development Joint Stock Company, the investor of the project, is a member of Viglacera Corporation – an enterprise with more than 12 existing industrial parks domestically and internationally with a total area of more than 4,000 ha, attracting many large investors such as Samsung, Amkor, Hyosung, Qisda, Canon, Foxconn, BYD, etc., with a total investment of about USD 16 billion. Viglacera Yen My Industrial Park Development Joint Stock Company is certainly fully confident in implementing the project in the best way.

Viglacera is aware that after completion, Doc Da Trang Industrial Park will become an ideal destination for secondary investors, creating a strong development for the whole region. Moreover, with the responsibility of an investor who has accompanied many localities in investment in industrial parks, Viglacera will refine to devote to the methods of project implementation on schedule with safety, quality, and efficiency, contributing to the industrialization and modernization of Khanh Hoa Province in particular and the South Central region in general.

With the strength of being the leading construction materials manufacturer in the country, the use of materials produced by Viglacera is an important factor contributing to reducing construction costs in the project.

Source: Viglacera