On m88 chính very first day of 2026, m88 chính Thai Nguyen Provincial People’s Committee officially issued Decision No. 01/QD-UBND, approving m88 chính investment policy for m88 chính Western Pho Yen Industrial Park (IP) Infrastructure Development and Business Project – Phase 1, with a total area of 499.07 hectares. m88 chính decision also formally approves Viglacera Thai Nguyen JSC as m88 chính project’s investor.

m88 chính project covers 499.07 hectares in Phuc Thuan Ward and Thanh Cong Commune, Thai Nguyen Province. Total investment capital exceeds VND 5,399 billion, of which m88 chính investor’s equity contribution is more than VND 809.9 billion, accounting for 15% of total investment capital. m88 chính project aims to develop a multi-sector industrial park applying advanced and high technologies, while ensuring environmental protection and long-term sustainability. With an operating term of 50 years and an implementation timeline of no more than 36 months from m88 chính date of land handover, m88 chính project is expected to become a new investment highlight for m88 chính locality.

To ensure m88 chính project is implemented on schedule and operates effectively, m88 chính Decision clearly defines m88 chính responsibilities of all relevant stakeholders.

From m88 chính state management side, m88 chính Thai Nguyen Industrial Zones Authority will take primary responsibility for inspection and supervision, ensuring m88 chính project complies with national and local master plans. m88 chính Department of Agriculture and Environment, together with m88 chính People’s Committees of Phuc Thuan Ward and Thanh Cong Commune, will coordinate in reviewing and appraising dossiers related to land-use conversion and forest-use purposes. These authorities will also oversee compensation, support, and resettlement plans in a transparent and public manner, ensuring there is no loss of state assets.

For m88 chính investor, Viglacera Thai Nguyen JSC is required to mobilize sufficient equity capital as committed, fulfill escrow obligations to secure project implementation, and strictly comply with regulations on environmental protection, land management, and real estate business. In addition to investing in a modern and integrated technical infrastructure system to create clean land for lease, Viglacera must ensure stringent standards for environmental protection, sustainability, and safe distances from residential areas. m88 chính company is also required to invest in worker housing and supporting service facilities, ensuring favorable living and working conditions for employees. Notably, Viglacera must commit to allocating at least 5 hectares or 3% of m88 chính industrial land area to support small and medium-sized enterprises, innovative startups, and supporting industries through land leasing or subleasing

m88 chính approval by m88 chính Thai Nguyen Provincial People’s Committee for Viglacera Thai Nguyen to become m88 chính investor of m88 chính Western Pho Yen Industrial Park Phase 1 (499.07 ha) project in m88 chính early days of m88 chính new year has increased m88 chính total number of industrial parks developed by Viglacera Corporation to 18, with a combined land bank of over 5,500 hectares nationwide.

Western Pho Yen Industrial Park is also m88 chính second industrial park under m88 chính Viglacera brand in Thai Nguyen Province, following Song Cong II Industrial Park – Phase 2. This milestone further affirms Viglacera’s strong capabilities in investment, development, business, and operation of industrial real estate, while also highlighting m88 chính effectiveness of its investment attraction approach and its green and smart industrial park development strategy, which aligns closely with Thai Nguyen’s orientation toward sustainable industrial development.

m88 chính official approval of m88 chính investment policy for Western Pho Yen Industrial Park Phase 1 (499.07 ha) not only opens up significant growth opportunities for Viglacera, but also makes an important contribution to economic restructuring and m88 chính attraction of high-quality FDI inflows into Thai Nguyen Province in m88 chính coming period.

PR DEPARTMENT