Recently, Amkor Technology, Inc. and Viglacera Real Estate Company (Viglacera Corporation – JSC) signed a contract in principle to lease land to invest in building a project for manufacturing, assembling and testing semiconductor materials. In the context of the current Covid-19 pandemic, with Amkor’s huge $1.6 billion project invested in Yen Phong II-C Industrial Park in Bac Ninh province – Viglacera has continued to affirm its attraction in the trend of shifting supply chains in the world into Vietnam, as well as creating a premise for the development of high-tech industry in the following years.
Signing ceremony between Viglacera Real Estate Company (Viglacera Corporation – JSC) and Amkor Technology Group at Bac Ninh Provincial People’s Committee
After a period of careful survey and research, Viglacera’s Yen Phong II-C Industrial Park in Bac Ninh has been selected by Amkor Technology Group as the stopover for the first factory in Vietnam, in its global assembly and testing network.
Before the signing ceremony, Mr. Ji Jong Rip – Chairman of Amkor Company and Amkor Technology delegation had a meeting with investor Viglacera at Yen Phong II-C Industrial Park. Here, Mr. Ji Jong Rip said, along with the favorable investment environment in Bac Ninh province, he was very impressed with the location and modern infrastructure – technical infrastructure, synchronous services developed by Viglacera, this is the basis for the company to choose to invest in Yen Phong II-C Industrial Park. Mr. Ji Jong Rip committed to making every effort to create the success of the semiconductor industry in Bac Ninh province by successfully building Amkor factory in Yen Phong II-C industrial park.
Amkor’s side also affirmed, “The factory in Yen Phong II-C, Bac Ninh is a long-term, strategic investment in terms of geographical diversification and expansion of factory capacity, supporting the company’s commitment for reliable supply chain solutions for customers.”
General Director Ji Jong Rip and Amkor Technology work at Yen Phong II-C Industrial Park
Amkor’s factory in Yen Phong II-C Industrial Park has a scale of 230,000 m 2 , with a total investment capital of up to 1.6 billion USD. The first phase of the project at Yen Phong II-C Industrial Park will focus on the production, assembly and testing of semiconductor materials (Advanced System in Package) for the world’s leading semiconductor and electronic manufacturing companies. The project is expected to start construction in 2022 and large quantities of products will begin production in the second half of 2023.
In addition to appreciating the synchronous technical infrastructure system at the Yen Phong – Yen Phong II-C industrial park complex, Amkor Group also shows its interest in service and utility infrastructure in the industrial park to ensure quality of life as well as spiritual culture for experts and workers working at the factory.
Housing project for experts and workers located in the complex of Yen Phong Industrial Park – Yen Phong II-C
Within the working framework, General Director Ji Jong Rip and Amkor delegation visited the housing project for experts and workers located in Yen Phong Industrial Park. The project has a scale of 20ha, with adjacent apartments, condominiums and utilities such as restaurants and supermarkets that will accommodate nearly 6000 experts and workers. In particular, a complex of multi-functional works – Cultural and social housing institution area includes: 01 Primary school (size of 15 classes), 01 Kindergarten (scale of 12 classes), House of Culture (serving about 1,000 people at the same time), the health station and green park, the gymnasium, etc. Were invested and built on an area of 17,000m2, is a clear proof that Viglacera is not only always a pioneer in the development of industrial park infrastructure, but also in synchronous investment in urban areas associated with industrial parks, with the goal of meeting the needs of accommodation in the best way for working, living and traveling of employees, indirectly supporting costs and creating abundant human resources for businesses operating in Viglacera’s IPs.
Established in 1968, with headquarters in Arizona, USA and 17 factories in Mainland China, Japan, Korea, Malaysia, Philippines, Portugal and Taiwan (China), Amkor Technology, Inc. is considered one of the world’s largest manufacturers, assemblers and testers of semiconductor materials, and is currently a strategic manufacturing partner for the world’s leading chip companies, chip foundries and microchips such as Qualcomm, Samsung, NVIDIA, Foxconn, Broadcom, LG, SK Hynix.
Started construction and development from 2020, with an area of 221ha, located in the Urban Complex of Yen Phong Industrial Park – Yen Phong Industrial Park II-C, with technical infrastructure, services, housing and utilities complete, synchronously located close to the industrial park, with a prime location only 20km (20′) from Noi Bai airport, 34km (45′) from Hanoi capital, Yen Phong II-C Industrial Park has been the destination of many big brands from Vietnam and Korea such as Hyosung TNS, TBL, .. and continues to promise to become a bright spot to attract investment in Bac Ninh province in the near future. Visit the industrial park through 360o virtual reality tour here: Yen Phong Industrial Park – Yen Phong II-C: YEN PHONG 360 – VIGLACERAIP
For more information, please contact: Viglacera Real Estate Company – Phone: (+84) 888 25 22 88 | Website: https://viglaceraip.com/
The signing ceremony was broadcast on Bac Ninh TV
General Director Ji Jong Rip and Amkor delegation visited and worked at Yen Phong II-C Industrial Park, Bac Ninh
General Director Ji Jong Rip and Amkor delegation visited housing project for experts and workers (20ha) located in Yen Phong – Yen Phong II-C Industrial Park Complex