On March 18, 2024, Deputy Prime Minister Le Minh Khai signed Decision No. 234/QD-TTg on approving the investment policy of “Infrastructure construction and business investment project of Doc Da Trang Industrial park, Khanh Hoa province”. The project is developed by Viglacera Yen My Industrial Park Development Joint Stock Company – a subsidiary of Viglacera Corporation – JSC. The project’s land use scale is 288 hectares, with an estimated total investment capital of 1,807.474 billion VND.
Project implementation location: Van Hung commune, Van Ninh district and Ninh Tho commune, Ninh Hoa town, Khanh Hoa province. The project’s operating term is 50 years from the date the project’s investment policy and developer are approved.
To ensure implementation progress and sustainable elements for synchronous project implementation, in addition to clearly assigning responsibilities to functional Ministries, the Decision also requires the People’s Committee of Khanh Hoa province to update the location and scale of the 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 land law; At the same time, organize the construction and implementation of plans for land recovery, compensation, site clearance, land use conversion, and land lease to implement the project in accordance with documents approved by competent authorities on scale, location and project implementation schedule; Ensure there are no disputes or complaints.
On the developer side, Viglacera Yen My Industrial Park Development Joint Stock Company, this is a member of Viglacera Corporation – JSC – an enterprise with more than 12 existing industrial parks at home and abroad with a total area of more than 4,000 hectares, attracting many large investors such as Samsung, Amkor, Hyosung, Qisda, Canon, Foxconn, BYD…, having a total investment of about 16 billion USD. That is certain that the developer, Viglacera Yen My Industrial Park Development Joint Stock Company, is completely confident in being able to implement the project in the best way.
Viglacera is aware that when completed, Doc Da Trang Industrial Park will become an ideal destination for secondary investors, creating strong development for the whole region. Furthermore, with the responsibility of a developer who has accompanied many localities in investing in the construction of industrial parks, Viglacera will refine and contribute methods to implement projects on schedule, safely, with 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.
Previously, on March 7, 2024, Deputy Prime Minister Le Minh Khai signed Decision No. 225/QD-TTg, approving the investment policy for the Infrastructure Construction and Business Project of Song Cong 2 Industrial Park – Phase 2 in Thai Nguyen province. The project is developed by Viglacera Thai Nguyen Joint Stock Company, another subsidiary of Viglacera Corporation – JSC. The project’s land use scale is 296.24 hectares with a total estimated investment capital of 3,985.47 billion VND. Thus, in the same month of March this year, two consecutive projects on construction and business investment of industrial park infrastructure were assigned to units of Viglacera Corporation – JSC as developers.
