The People’s Committee of Thai Nguyen Province has approved the investment project for the construction and operation of infrastructure in the Tay Pho Yen Industrial Park, phase 1, covering 499 hectares, with Viglacera Thai Nguyen Company as the investor. The total investment for the project reaches over 5.399 trillion VND, of which Viglacera will contribute over 809.9 billion VND.
The project’s goal is to establish a multipurpose industrial park that is modern and sustainable, with a 50-year operational period and a timeline for implementation of no more than 36 months from the date of land allocation. Viglacera is responsible for mobilizing funds, adhering to environmental regulations, and investing in housing and infrastructure for workers.
Additionally, the company must allocate at least 5 hectares for small and medium enterprises to lease. This is the second industrial park for Viglacera in Thai Nguyen, bringing the total number of industrial parks to 18, covering over 5,500 hectares.
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