16:23 | 29/09/2015 Investment
Construction on the Phong Dien – Viglacera industrial park commenced in the central province of Thua Thien – Hue on September 28.
Illustration image (Source: VNA)
The project, worth over 680 billion VND (29.92 million USD), covers over 284 hectares in Phong Dien district and was invested by the Viglacera Real Estate Company.
The hi-tech industrial park targets less-polluted industries.
Phong Dien is one of the six industrial parks built under the provincial socio-economic development master plan in 2015 approved by the Prime Minister.
Located 37 kilometres from Hue city to the north, 45 kilometres from Phu Bai airport, some 40 kilometres from Thuan An port, 70 kilometres from Chan May deep seaport to the south, and proximate to National Highway 1A and the North-South Railway, the park is critically placed to facilitated import and export of goods.
The park is expected to be a promising destination for both domestic and foreign investors, especially those from the Republic of Korea and Japan.
Deputy General Director of the Viglacera Corporation Tran Ngoc Anh said in addition to its favourable transport network, the park boasts many surrounding universities and colleges as well as abundant and low-cost labour.
Businesses could easily attract high-quality human resources from Hue city and its vicinity, he added.
Besides developing the project, Viglacera has increased the number of its industrial parks to seven across the north and centre of Vietnam with a total investment area of over 2,000 hectares.
Effectively operating industrials parks include Tien Son, Yen Phong and Thuan Thanh in northern Bac Ninh province; Hai Yen and Dong Mai in northern Quang Ninh province; and Phu Ha in northern Phu Tho province./.