Phu Ha Viglacera Industrial Park Attracting Quality Investment Capital

04:30 | 28/11/2024

Phu Ha Viglacera Industrial Park (IP) stands out as an industrial hub in Phu Tho Province, serving as a prime destination for global manufacturers such as BYD (China), Hanyang Digitech (South Korea), and INOUE (Japan). The IP has successfully attracted over 30 enterprises, with a total investment exceeding $1 billion, highlighting its significant role in fostering economic growth and innovation in the region.

Over 1 billion USD from Foreign Direct Investment (FDI) Enterprises

Recently, Phu Ha Viglacera Industrial Park has welcomed two new investors from the Philippines and Taiwan. Nien Made (Taiwan), a publicly listed company on the Taiwan Stock Exchange, plans to invest 120 million USD in a smart furniture manufacturing facility. Known for its brands NORMAN® and VENETA®, Nien Made distributes products to 2,000 Home Depot stores and 5,000 Walmart’s locations across the USA, Canada, and other markets including the UK, Japan, and Australia. In addition, Liwayway Vietnam Co., Ltd. from the Philippines, which produces food and beverages for the Oishi brand—one of the first multinational brands in Vietnam and a well-known name among consumers, will invest 30 million USD for their factory in Phu Ha IP.


Phu Ha Viglacera IP: A Leader in Attracting Quality Investment Capital

Since its groundbreaking, Phu Ha IP has consistently attracted interest from foreign direct investment (FDI) enterprises. The investors here are representative projects for Phu Tho province, including BYD (China), INOUE Rubber (Japan), Hanyang Digitech, Asentec, and ActRO Vina (South Korea). Many of these are South Korean electronics firms—first-tier suppliers for Samsung—aligning with the local strategy to attract investment and create jobs for over 23,000 workers.

Increasing Future Benefits

Phu Ha Viglacera IP is strategically located near the Noi Bai – Lao Cai Expressway, providing quick access to Noi Bai Airport (45 minutes) and Hanoi (1 hour), as well as proximity to major factories of Samsung and other large electronics and automotive companies in Bac Ninh, Bac Giang, and Thai Nguyen. The transportation benefits of Phu Ha IP are set to improve further with the expected completion of the connection between the Noi Bai – Lao Cai Highway and the Tuyen Quang – Phu Tho Highway by 2025, enhancing regional connectivity. Moreover, the park’s hilly terrain reduces construction costs and ensures a robust local labor supply.


Phu Ha Viglacera IP Offers a Convenient Transportation Network

Just 2 km from the industrial park is a residential area for workers and experts, covering 4.3 hectares. To date, two six-story buildings (268 apartments) and 48 low-rise units have been put into use. This project supports workers in achieving stable living conditions, fostering long-term relationships with enterprises, and contributing to local economic development and social welfare. The industrial park is fully equipped with technical infrastructure and available land, ready to meet investors’ demands.


Image of the Social Housing Project for Workers at Phu Ha IP Developed by Viglacera

Phu Ha Viglacera IP is situated in Phu Tho town and developed by Viglacera Corporation – JSC. Viglacera is a leading industrial park developer in Vietnam, with over 25 years of experience, successfully attracting global technology giants such as Samsung, Amkor, Hyosung, Foxconn, BYD, and Qisda. Throughout its business journey, Viglacera has consistently aimed for sustainable industrial park development, focusing on attracting investments in high-tech and environmentally friendly support industries, thereby creating high-added value. Consequently, from the very beginning, Phu Ha Viglacera IP has been committed to attracting quality investment capital by investing in modern, synchronous technical infrastructure and services that meet the high demands of partners.

For more detailed information, please contact:
Viglacera Real Estate Company
Hotline: (+84) 888 25 22 88 | Website: 
https://viglaceraip.com

Other news