POSCO Group (South Korea) officially receives Investment Registration Certificate for a battery materials production plant of over USD 400 million at Song Cong II Industrial Park Viglacera – Thai Nguyen Province
On the evening of April 23, at the Korea - Vietnam Business Forum, within the framework of the state visit to Vietnam by South Korean President Lee Jae Myung and his spouse, under the witness of senior leaders of the two countries, POSCO Future M officially received the Investment Registration Certificate for its first battery materials production project in Vietnam at Song Cong II Industrial Park Viglacera. The event marks an important milestone in cooperation and is a strong affirmation of infrastructure readiness and professional support from Viglacera.
Just 2 weeks after signing the land lease agreement, POSCO Future M (South Korea) officially received the Investment Registration Certificate from the People’s Committee of Thai Nguyen province to implement an artificial graphite anode materials production plant project at Song Cong II Industrial Park Viglacera, with a leased land area of up to 37 hectares.
The project has a total investment of over USD 400 million, expected to commence construction in the second half of 2026 and begin mass production from 2028, with capacity expandable up to 46,000 tons/year in phases. This is a large-scale foreign direct investment, marking an important strategic expansion of POSCO Future M beyond South Korea in the battery materials sector. The products manufactured here are expected to be supplied to leading electric vehicle manufacturers in the United States.
Sharing at the working session with Thai Nguyen province, Mr. Eom Gi Chen - General Director of POSCO Future M emphasized that the company’s products are essential materials indispensable to the electric vehicle industry. He also expressed expectations that the project in Vietnam will not only contribute to strengthening and developing the close cooperative relationship between Vietnam and South Korea, but also become a typical example, placing Vietnam on the global map of strategic battery materials production.
The fact that POSCO Future M officially received the Investment Registration Certificate for the battery materials plant project at Song Cong II Industrial Park Viglacera just 2 weeks after signing the land lease agreement, along with a series of high-tech projects, semiconductors, printed circuit boards, modules in the supply chain for Samsung Semiconductor continuously investing here, is clear evidence of outstanding infrastructure capability and the professional companionship and support of Viglacera for enterprises during the investment process. This is also an affirmation: with Viglacera, all barriers related to infrastructure and procedures are removed.
POSCO Future M’s project continues the chain of success of leading global electronics and semiconductor corporations such as Samsung, Amkor, Hyosung, Hana Micron, Foxconn, BYD, THK, Canon at Viglacera’s industrial parks. Successfully attracting more than USD 20 billion in high-quality investment capital, Viglacera industrial parks have become an important manufacturing base for Korean corporations in particular and global corporations in general, becoming a key link in the global supply chain.
With more than 25 years of leadership in industrial real estate development, owning 18 industrial parks in key economic regions, Viglacera commits to providing clean land funds along with green-smart infrastructure, ready to accompany enterprises in joining the global production network and contributing to the country’s sustainable development future.
For more detailed information, please contact:
Viglacera Real Estate Company
Phone: (+84) 888 25 22 88 | Website: https://viglaceraip.com
