Viglacera Corporation - JSC reports to the Provincial Standing Committee of Yen Bai on an industrial - urban - service complex project in Yen Bai

08:44 | 26/02/2021

On the afternoon of February 25, Viglacera Corporation had a meeting with the Provincial Standing Committee of Yen Bai to report on the investment idea of a number of projects in the province.

Attending the meeting, regarding Viglacera Corporation - JSC, there were Mr. Luyen Cong Minh - Vice Chairman of the Board of Directors; Mr. Nguyen Anh Tuan - General Director of Viglacera Corporation with the Deputy General Director, leaders and professional staff of the Real Estate Department. On the side of Yen Bai province, there were comrades: Do Duc Duy - Member of the Central Committee, Provincial Party secretary; Ta Van Long - Provincial Party Politburo Deputy Secretary; Tran Huy Tuan - Provincial Party Deputy Secretary, Chairman of the Provincial People’s Committee; comrades in the Provincial Standing Committee Department; related departments, branches and localities.


Comrade Nguyen Anh Tuan, General Director of the Corporation presenting the investment idea of an industrial - urban - service complex project in Yen Bai province. 

At the meeting, Viglacera Corporation asked Yen Bai province to approve the Corporation to research and invest in an industrial - urban - service complex at the intersection of IC 12, Noi Bai - Lao Cai expressway with a size of about 496 ha is located in Tran Yen district and Yen Bai city; of which nearly 420 hectares are for industrial park development, and the rest is for about 80 hectares for urban and service development. All 3 locations that the Corporation plans to invest are located on Au Co route in the direction from IC 12 intersection to the center of Yen Bai province. 

Viglacera Corporation commits to allocate capital to invest in an industrial - urban - service complex in Yen Bai province to meet the criteria of a modern, synchronous industrial park to attract high-tech investors, electronics, telecommunications ...; provide social utility services, use land effectively, contribute to increase budget revenue, ensure efficient and sustainable socio-economic development of Yen Bai province. At the same time, it is committed to strictly and fully implement the obligations of investors in accordance with the current regulations of the State. 

The Corporation also proposed Yen Bai province to soon submit to the Prime Minister for approval the general planning of industrial parks of Yen Bai province in the coming period, waste treatment system planning ... as the basis for the Corporation to implement the project in the area. 

The comrades of the Politburo, the Provincial Standing Committee of Yen Bai province, departments, branches and localities highly appreciated the idea of Viglacera Corporation's integrated investment. The locations that Viglacera investors choose are all located on Au Co route, the motivation urban axis of Yen Bai province, especially convenient for transportation. After just over 1 month of research, the Corporation had an official meeting with the province to show the seriousness, science and determination of the investor. Relevant departments, branches and localities of the province are all ready to support, accompany and create the most favorable conditions for site clearance work, and support legal procedures for investors to deploy the Project. 


Concluding the meeting, Comrade Do Duc Duy Provincial Party Secretary highly appreciated the capacity and experience of Viglacera Corporation in the construction, infrastructure business, management and operation of the above industrial park in nationwide range. 

The Provincial Party Secretary said that after approaching, investors have actively researched, proposed ideas and had the first research products. These proposed ideas are completely consistent with the socio-economic development orientation in general and the industrial development orientation of the province, especially in the spirit of the Resolution of the XIX Congress of the Provincial Party Committee.

The Provincial Party Secretary also highly appreciated Viglacera's investment proposals in all 3 areas, including: industrial, urban and service zones to ensure the province's harmonious development. 

Yen Bai province agreed on the policy of allowing investors to research, survey, plan and propose investment in the area of IC 12 intersection according to the proposed documents. The two sides will jointly study and propose to the Prime Minister to permit the formation of new industrial parks in the areas proposed by the investor. The province will set up a working group to support solving legal procedures as well as difficulties and problems when investing in the Project.

The Provincial Party Secretary also assigned relevant departments, branches and localities to review all projects that have been granted investment policy decisions in the area with the current land and population status to provide information for Corporation. Yen Bai province commits to support in all aspects for Viglacera investors to deploy the project in the most favorable way. 


At the meeting, Tran Huy Tuan Chairman of the Provincial People’s Committee;  handed over a written approval for Viglacera Corporation to study, survey, plan and propose investment in the intersection area of IC 12 Yen Bai province. 

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