Last updated: 30/09/2015, 1:43 CH - View: 1640
The People's Committee of Thua Thien Hue province on Monday organized a ground breaking ceremony for the construction of the Phong Dien - Viglacera Industry Park (IP).
The 284 ha project, developed by Viglacera Real Estate Company, is located in Phong Dien district, 37 km north of central Thua Thien Hue province.
The project is a part of Phong Dien IP, one of the six industrial parks approved by the Prime Minister in the master plan for the economic-social development of Thue Thien Hue in 2015, outlook to 2020.
With a total investment capital of VND680 billion (US$ 30.3 million), the park is expected to lure investors from clean industries such as power, information technology, food and beverage, garments, mining and processing of sand.
The park has enormous advantages for transportation as it is 45 km from Phu Bai airport, 40 km from Thuan An port and 70 km from Chan May deep-water port which can serve vessels of up to 30,000 tonnes.
The park also connects to National Road 1A and the North-South railway.
Besides, this area also has a number of universities and specialized institutions, which can provide robust labor forces with low cost, Viglacera Corporation Deputy Director Tran Ngoc Anh said.
Established in 1974, Viglacera has expanded its business from a construction materials manufacturer to a real-estate investor with 12 social housing projects, four commercial buildings and seven industrial parks nationwide. It has industrial park projects covering a total area of 2000 ha include Tien Son, Yen Phong, Thuan Thanh IPs in northern Bac Ninh province; Hai Yen, Dong Mai in Quang Ninh and Phu Ha of Phu Tho provinces.