On the afternoon of February 25, Viglacera Corporation had a meeting with the Provincial Standing Committee of Yen Bai to report on the investment idea of a number of projects in the province.

Attending the meeting, regarding Viglacera Corporation – JSC, there were Mr. Luyen Cong Minh – Vice Chairman of the Board of Directors; Mr. Nguyen Anh Tuan – General Director of Viglacera Corporation with the Deputy General Director, leaders and professional staff of the Real Estate Department. On the side of Yen Bai province, there were comrades: Do Duc Duy – Member of the Central Committee, Provincial Party secretary; Ta Van Long – Provincial Party Politburo Deputy Secretary; Tran Huy Tuan – Provincial Party Deputy Secretary, Chairman of the Provincial People’s Committee; comrades in the Provincial Standing Committee Department; related departments, branches and localities.

Comrade Nguyen Anh Tuan, General Director of the Corporation presenting the investment idea of an industrial – urban – service complex project in Yen Bai province.

At the meeting, Viglacera Corporation asked Yen Bai province to approve the Corporation to research and invest in an industrial – urban – service complex at the intersection of IC 12, Noi Bai – Lao Cai expressway with a size of about 496 ha is located in Tran Yen district and Yen Bai city; of which nearly 420 hectares are for industrial park development, and the rest is for about 80 hectares for urban and service development. All 3 locations that the Corporation plans to invest are located on Au Co route in the direction from IC 12 intersection to the center of Yen Bai province.

Viglacera Corporation commits to allocate capital to invest in an industrial – urban – service complex in Yen Bai province to meet the criteria of a modern, synchronous industrial park to attract high-tech investors, electronics, telecommunications …; provide social utility services, use land effectively, contribute to increase budget revenue, ensure efficient and sustainable socio-economic development of Yen Bai province. At the same time, it is committed to strictly and fully implement the obligations of investors in accordance with the current regulations of the State.

The Corporation also proposed Yen Bai province to soon submit to the Prime Minister for approval the general planning of industrial parks of Yen Bai province in the coming period, waste treatment system planning … as the basis for the Corporation to implement the project in the area.

The comrades of the Politburo, the Provincial Standing Committee of Yen Bai province, departments, branches and localities highly appreciated the idea of Viglacera Corporation’s integrated investment. The locations that Viglacera investors choose are all located on Au Co route, the motivation urban axis of Yen Bai province, especially convenient for transportation. After just over 1 month of research, the Corporation had an official meeting with the province to show the seriousness, science and determination of the investor. Relevant departments, branches and localities of the province are all ready to support, accompany and create the most favorable conditions for site clearance work, and support legal procedures for investors to deploy the Project.

Concluding the meeting, Comrade Do Duc Duy Provincial Party Secretary highly appreciated the capacity and experience of Viglacera Corporation in the construction, infrastructure business, management and operation of the above industrial park in nationwide range.

The Provincial Party Secretary said that after approaching, investors have actively researched, proposed ideas and had the first research products. These proposed ideas are completely consistent with the socio-economic development orientation in general and the industrial development orientation of the province, especially in the spirit of the Resolution of the XIX Congress of the Provincial Party Committee.

The Provincial Party Secretary also highly appreciated Viglacera’s investment proposals in all 3 areas, including: industrial, urban and service zones to ensure the province’s harmonious development.

Yen Bai province agreed on the policy of allowing investors to research, survey, plan and propose investment in the area of IC 12 intersection according to the proposed documents. The two sides will jointly study and propose to the Prime Minister to permit the formation of new industrial parks in the areas proposed by the investor. The province will set up a working group to support solving legal procedures as well as difficulties and problems when investing in the Project.

The Provincial Party Secretary also assigned relevant departments, branches and localities to review all projects that have been granted investment policy decisions in the area with the current land and population status to provide information for Corporation. Yen Bai province commits to support in all aspects for Viglacera investors to deploy the project in the most favorable way.

At the meeting, Tran Huy Tuan Chairman of the Provincial People’s Committee; handed over a written approval for Viglacera Corporation to study, survey, plan and propose investment in the intersection area of IC 12 Yen Bai province.

On February 24, 2021, Mr. Bui Minh Chau – Member of the Executive Committee, Provincial Party secretary, Chairman of the Provincial People’s Council, Head of the Member of Congress visited and checked the progress of infrastructure construction of industrial parks (IPs) and production and business situation in Phu Ha Industrial Park (Phu Tho Town).

Along with the comrades: Pham Truong Giang – Member of the Standing Committee, Director of the Provincial Public Security; Phan Trong Tan – TUV, Vice Chairman of the People’s Committee and leaders of related departments and units.

Phu Ha Industrial Park, Phu Tho town phase I with a scale of over 350ha, total investment of over 1,900 billion VND, is divided into 2 subdivisions: Northern subdivision and southern subdivision. Up to now, clearance compensation has reached 80% of the total area. For the southern subdivision, it has completed 100% of the clearance work, completed construction of the technical infrastructure system and attracted 25 enterprises to invest in production and business. For the northern subdivision, the site has been cleared 70% of the area, basically completed the third phase of technical infrastructure.

At the meeting, the leaders of Phu Tho town and the investor of Vigracera Corporation also request and proposed to the province for guidance on the support plan for the new households, build the construction, building on land after the announcement of the planning; adjusting the quota for allocation of resettlement land to people; proposing a plan to expand the scale of the industrial park by 100 hectares to the North; for the policy of investment in construction of social housing for workers.

Mr. Bui Minh Chau, Provincial Party secretary acknowledged and highly appreciated the efforts of the departments, branches, town of Phu Tho and the investor in the construction of Phu Ha Industrial Park. He emphasized: The Resolution of the XIXth Provincial Party Congress has identified a breakthrough in strongly improving the investment and business environment; 2021 is also the year the province focuses on implementing key tasks of site clearance and project implementation. Therefore, in the coming time, departments of the province, Phu Tho town and investors need to concentrate resources, striving to complete phase I of the project in 2021, creating all favorable conditions for to build Phu Ha industrial park into a model industrial park of the province.

Provincial Party secretary Bui Minh Chau presents flowers to congratulate the officials and workers of Phu Ha Industrial Park

Besides, he affirmed that it is necessary to focus on speeding up the site clearance progress, creating a clean land fund; attracting potential investors with high investment value; ensure electricity supply, traffic safety and order in the area, creating a favorable environment for production and business. In particular, priority must be given to speeding up, completing resettlement areas, and stabilizing people’s lives.

Regarding the recommendations of Phu Tho town and the investor, the Provincial Party secretary Bui Minh Chau assigned relevant departments and branches to coordinate with Phu Tho town, the investor to calculate and propose specific directions according to the most suitable judgment. Policies ensure the maximum benefit of the people but must comply with the procedures, regulations and consistency with ongoing projects. The province also agreed with the policy of expanding 100ha more to the North, will soon complete the procedures under the jurisdiction of the province, and report to the ministries and central branches for other procedures.

For more information, please contact: Viglacera Real Estate Company – Hotline: (+84) 888 25 22 88 | Website: https://viglaceraip.com

Groundbreaking ceremony of Tuyen Quang – Phu Tho highway connecting connecting two northern provinces of Tuyen Quang, Phu Tho and Noi Bai – Lao Cai highway was held on February 23, 2021.

The expressway, estimated at 40.2 kilometers in length, allows a maximum speed of 80 kilometers per hour, with the first phase of the project scheduled to complete by 2023.

The starting point of the expressway is located at Luong Vuong commune, Tuyen Quang province, and the final point at IC9 interchange of Noi Bai – Lao Cai expressway in Phu Tho province.

“Vietnam is entering the year of 2021 with both opportunities and challenges. Along with strong efforts against the Covid-19 pandemic, the country should ensure no disruption to economic activities to boost growth,” stated Minister of Planning and Investment Nguyen Chi Dung at the ceremony.

“To realize this goal, investment into economic and transport infrastructure is one of the three strategic breakthroughs for the economy,” he stated and stressed that the move is key to enhance the economy’s competitiveness and reduce input costs for the business community.

“In this regard, the Tuyen Quang – Phu Tho expressway project linking with Noi Bai – Lao Cai expressway is essential.”

Once completed, the project would be a key component under the Kunming (China) – Hai Phong transport corridor, which is a cooperation program among six countries in the Greater Mekong Subregion.

Financed by public funds, the expressway project is expected to reduce travel time among provinces of Ha Giang, Tuyen Quang, Phu Tho and the northern key economic zone.

Source: laodong.vn

Prime Minister Nguyen Xuan Phuc has approved investment intention in a project on infrastructure development at the Thuan Thuan I Industrial Park in northern Bac Ninh province.

The project covers a total area of some 250 ha in Ninh Xa, Tram Lo and Nghia Dao communes of Thuan Thanh district, Bac Ninh province, with total investment of 2.84 trillion VND (over 123 million USD), of which 859.73 billion VND comes from its investor – Viglacera Corporation.

The construction is scheduled to last for 36 months since the land hand-over, and the project is set to operate within 50 years as from February 17, 2021.

The PM required the provincial People’s Committee to ensure the accuracy of information and data reported, and carry out land reclamation, site clearance, compensation and land lease in line with approved documents.

The construction must comply with the detailed planning scheme that has been approved, he said, stressing that the committee needs to instruct the management board of industrial parks in Bac Ninh and relevant agencies to supervise and assess the implementation of the project.

The PM also highlighted the building of houses, and social, cultural and sport facilities for labourers in the industrial park, as well as employment and vocational training support to local residents who have to relocate to make way for the project.

With more than 20 years of experience, Viglacera was one of the first developers of large-scale industrial zones in Vietnam. The group is now running 11 industrial parks, including 10 in Vietnam and one in Cuba, covering a total area of more than 4,000 ha and housing more than 300 investors around the world. Tenants include well-reputed global brands like Samsung, Orion, Canon, Foxconn, Hyosung, Qisda and Toyoda Gosei. The places where Viglacera sets foot always become reliable destinations for investors and importantly contribute to local socioeconomic development.

For more information, please contact:
Viglacera Real Estate Company
2nd Floor, Viglacera Tower, No. 1 Thang Long Boulevard, Me Tri, Nam Tu Liem, Hanoi, Vietnam.
E-mail: vir@viglaceraland.vn
Website: https://viglaceraip.com
Hotline: +84 888 25 22 88