*Viglacera industrial parks welcoming Chinese manufacturers
On May 25, 2024, Viglacera was honored to welcome a delegation from Yangzhou City, Jiangsu Province (China), led by Vice Mayor Zhang LiTao, who visited and worked at the Yen Phong 2C Industrial Park (IP) in Bac Ninh Province to explore cooperation and investment opportunities. The working session was attended by the investor Viglacera, leaders of Bac Ninh Province, MCC Vietnam Co., Ltd., and Yangjie Technology Group (China).
The business delegation from Yangzhou City (China) visited and worked at Yen Phong 2C Industrial Park (Viglacera)
During the meeting, the parties discussed prospective cooperation areas such as manufacturing, electronics, and high technology.
Vice Mayor Zhang LiTao stated that Yangzhou City has strong industrial development in the electronics, machinery processing, power, and healthcare sectors. Currently, there are 16 projects by Yangzhou enterprises in Vietnam, and many enterprises are in the process of evaluating investment opportunities in Vietnam and Bac Ninh province. Therefore, the potential for expanding industrial manufacturing in Vietnam is very significant.
At Yen Phong 2C IP developed by Viglacera, the semiconductor manufacturing and assembly plant invested by MCC Vietnam Co., Ltd. is a prominent project of Yangzhou enterprises. MCC Vietnam is part of Yangjie Technology Group (China), a high-quality semiconductor product manufacturer headquartered in Simi Valley, California (USA). Although the Yen Phong 2C plant is MCC’s first plant in Vietnam, it is the seventh globally, supplying semiconductor components to partners such as Huawei, BYD, Philips, and Sony.
On this occasion, Vice Mayor Zhang LiTao and leaders of Yangjie Group expressed their gratitude to Viglacera and Bac Ninh Province for creating favorable conditions and providing maximum support to MCC Vietnam as well as the Yangjie Technology Group during the project’s implementation at Yen Phong 2C IP.
After the visit, the delegation highly appreciated the favorable investment environment of Bac Ninh Province and the conditions provided by Viglacera for businesses, from technical infrastructure to housing services and amenities for experts and workers. This is Viglacera’s strongest commitment to creating a favorable environment to promote sustainable development for manufacturing enterprises. Therefore, the representatives from Yangzhou hope to strengthen economic and trade cooperation between the two localities and introduce more enterprises to explore investment in Bac Ninh in the near future.
In the context of Vietnam’s emergence as a manufacturing hub in Asia, driven by its strategic geographical location, for quick connections to key points such as airports and seaports, along with synchronized infrastructure, reliable power supply, and high-quality workforce, Viglacera’s industrial parks in Bac Ninh have become an attractive destination for leading global manufacturers seeking to expand their operations in Vietnam. The recent successes, such as the signings of contracts with Chinese enterprises in Shanghai, have demonstrated the trust that leading manufacturers place in Viglacera as an IP developers.
Thuan Thanh Eco-smart IP developed with a green – smart orientation in Bac Ninh Province
With prime locations and comprehensive, modern technical & service infrastructure systems, Viglacera’s industrial parks have established themselves as an investment destination for over 400 enterprises from global investors, attracting 18 billion USD in capital from BYD, Qisda, Texhong, Kanglongda, Foxconn, Risuntek, Nam Liong, BBID, Samsung, Amkor, Hyosung, and Canon, etc. Among these are nearly 70 Chinese projects, with a total investment of $3 billion.
For further information, please contact:
Viglacera Real Estate Company
Hotline: (+84) 888 25 22 88 | Website: https://viglaceraip.com
