Viglacera Phu Ha Industrial Park attracts many high technology enterprises

With the advantage of abundant labor force, low labor cost and the convenient location of intersection IC9 to connect with Hanoi - Lao Cai expressway is completed in early 2017, Phu Ha industrial park has become an attractive destination for many investors in the field of electronic production.

Mr. Tran Ngoc Anh - Deputy General Director of the Corporation cum Director of Viglacera Real Estate Company and Mr. Kim Hak Jin - Director of Moda Innochips Company signed the land lease contract of Phu Ha Industrial Park 

The strong development of Korean enterprises in Phu Ha IP has helped Moda Innochips Co. believe in choosing this IP to build the first factory in Vietnam. As a high-tech enterprise, the main products of Moda Innochips are circuit board and telephone for big technology firms such as Samsung, LG, ... With the factory scale is 5.1ha, total investment was over $50 million, the plant is expected to come into operation in the first quarter of 2019. Up to now, Phu Ha IP has attracted 12 Korean companies and 2 Japanese companies with a total lease area of over 40 ha.

A picture of the Moda Innochips Co.'s headquarter in Korea 

Phu Ha IP - Viglacera with a scale of 350ha, is located in Phu Tho province with the advantages such as near Ha Noi - Lao Cai expressway and IC 9 intersection, connect to Hai Phong - Hanoi - Lao Cai - Con Minh (China) economic corridor, near Ho Chi Minh City Road helping to shorten the travel time and the time for traders from the Industrial Park to the center of Hanoi and nearby industrial parks. PViglacera Phu Ha IP has been invested in building synchronous and complete infrastructure with available 50 ha of clean land, ready to welcome enterprises to build factories.