MARCH, DOUBLE JOY: Viglacera starts construction of Song Cong II Industrial Park - Phase 2

Exactly 1 week after the groundbreaking ceremony of CT3 project - Thang Long Green City social housing area (Kim Chung - Dong Anh - Hanoi ), the joy continues to double for the entire Viglacera team when Song Cong II Industrial Park - phase 2 will officially start construction on March 10.

Let's look back at the project's past progress, to mark the milestones and scale of Song Cong II Industrial Park - Phase 2.

Progress and efforts to put Song Cong II Industrial Park - Phase 2 into investment and exploitation.

On March 7, 2024 , Deputy Prime Minister Le Minh Khai signed Decision No. 225/QD-TTg, approving the investment policy for the Project of Construction and Business of Infrastructure of Song Cong II Industrial Park - Phase 2 in Thai Nguyen province. The project was assigned to Viglacera Thai Nguyen Joint Stock Company, a subsidiary of Viglacera Corporation - JSC as the investor.

The project has a land use scale of 296.24 hectares. The total estimated investment capital is 3,985.47 billion VND, of which the investor's contributed capital is 597.82 billion VND.

Regarding the boundary : Song Cong II Industrial Park will be deployed in Ba Xuyen commune and Tan Quang commune, Song Cong city, Thai Nguyen province, divided into two areas: Area No. 1 and Area No. 2.
- Area No. 1 has an area of 175.52 hectares, located on the administrative boundary of Tan Quang commune and part of Ba Xuyen commune, Song Cong city.
- Area No. 2 has an area of 120.72 hectares, located on the administrative boundary of Ba Xuyen commune and part of Tan Quang commune, Song Cong city.

About time : Expected to be completed within 36 months from the date the State hands over the land.

On March 19 , in Thai Nguyen, the People's Committee of Thai Nguyen province and the Management Board of Industrial Parks of Thai Nguyen province held a ceremony to grant the Investment Registration Certificate for the Project to invest in construction and business of infrastructure of Song Cong II Industrial Park, phase 2, Thai Nguyen province.

At that ceremony, Mr. Dang Xuan Truong - Standing Vice Chairman of Thai Nguyen Provincial People's Committee placed high expectations on Viglacera Thai Nguyen Joint Stock Company and Viglacera Corporation-CTCP: "Thai Nguyen is open and happy to welcome serious investors like Viglacera. With the joint efforts of investors, by 2030, Thai Nguyen will become a new high-tech manufacturing center of the region". Mr. Dang Xuan Truong emphasized to representatives of the Provincial Departments and Branches: "After the project comes into operation, it will contribute to promoting industrial development, attracting investment in the province and creating jobs for many local workers. Therefore, the Provincial People's Committee requests departments, branches and branches to accompany and support investors in implementing the project, focusing on promoting site clearance, resolutely preventing and not allowing illegal construction, receiving compensation; promoting and attracting investment in secondary projects. The review and classification of rice land, forest land and traffic connections need to be done quickly to promptly support investors".

Immediately afterwards, the Departments and Branches focused on discussing issues on policy mechanisms, focusing on promoting the Project to be implemented on schedule.

With the active coordination and support from the authorities of Thai Nguyen province and Song Cong city and the Provincial Industrial Park Management Board, up to now, Viglacera Thai Nguyen Joint Stock Company has been successful in carrying out a series of project implementation steps as follows: Successfully compensated and cleared 80/120 hectares of land in Zone 2 of the Industrial Park. Completed investment preparation work such as: Planning the industrial park, Approving the detailed planning of the industrial park, Appraising the feasibility study report on investment in construction of technical infrastructure projects of the industrial park,...

The functional departments of Song Cong City are making efforts to urgently carry out many tasks at the same time such as: Completing the cadastral map (excerpt - correction); issuing notices of land recovery; organizing conferences to deploy the scope, conducting propaganda and dissemination of regulations on compensation and support; conducting statistics and declaring the land area and attached assets of households; determining the compensation land price and submitting it to competent authorities for approval; making plans and publicly posting draft compensation, support and resettlement plans for households... Plans to prevent profiteering from site clearance activities are also carefully developed. Even the People's Committees of communes have increased inspections day and night to promptly detect, prevent and handle violations.

Regarding the resettlement arrangement for households whose residential land is recovered by the Project, the People's Committee of Song Cong City has made detailed plans for two resettlement areas in Ba Xuyen and Tan Quang communes. Of which, the resettlement area in Ba Xuyen commune has a scale of 51.9 hectares, and is currently being planned; the resettlement area in Tan Quang commune has a scale of 19.8 hectares.

In parallel with the process of completing legal procedures for project implementation and site clearance, Viglacera also brought in the industrial park real estate business team and investment promotion team early . Result: At this time, Song Cong II Industrial Park received attention from many domestic and foreign investors before the official groundbreaking date. Within the framework of the groundbreaking event, these investors also attended and signed investment contracts in this industrial park.

Outline of advantages of Song Cong II Industrial Park - Phase 2

Song Cong has long been identified as a major industrial center and an ideal economic transit location between regions inside and outside Thai Nguyen province, between the delta and the midlands. From Song Cong II Industrial Park, it is possible to trade conveniently with the economic regions of the North of Hanoi. And it is also convenient to connect with other key economic regions such as Thai Nguyen City, Tam Dao (Vinh Phuc), Bac Ninh, Bac Giang, Hai Phong, Quang Ninh.

The advantages of Song Cong II Industrial Park can be listed as follows:
Prime location, good geological foundation, convenient trade : Not only is the location with good geological foundation, helping to reduce construction investment costs, Song Cong II Industrial Park also has many regional connectivity advantages such as: 45km from Noi Bai International Airport, travel time 60 minutes; 8km from Thai Nguyen City, travel time is 18 minutes; 180km from Hai Phong Port, travel time is 2 hours 20 minutes. Not to mention, the Industrial Park also connects quickly to electronics, semiconductor, and automobile manufacturing centers in Thai Nguyen, Bac Ninh, Bac Giang, and Vinh Phuc.

The most important traffic routes include the Hanoi - Thai Nguyen Expressway and National Highway 3. These are all vital traffic routes, creating optimal conditions for transportation, connecting regional trade quickly and effectively.

Being proactive in large capacity power sources is also a great advantage of Song Cong II Industrial Park. With 2 11/22kV transformer stations with a total capacity of 6x63 MVA, 1 110KV Song Cong II transformer station with a capacity of 50MVA. Along with solutions for investing in advanced and modern power supply infrastructure for industrial parks, Song Cong II Industrial Park also has the advantage of being supported by the Thai Nguyen Provincial Power Project Management Board by organizing the signing of regulations on coordinating the operation of the power grid; coordinating with business owners who are major customers in the industrial parks to participate in the signing of the electricity load adjustment program; implementing solutions on economical, safe and efficient use of electricity during the hot season; training on fire prevention and fighting, and incident handling.

Regarding technical infrastructure : The water supply system is connected to Song Cong Water Plant and Tich Luong Water Plant with a total capacity of 16,200m3/day. The drainage and wastewater treatment systems all have modern, well-invested works. Internal traffic in the industrial park is planned according to a grid grid, ensuring convenient access to construction sites.

Regarding social infrastructure and services : Song Cong II Industrial Park - Phase 2 "clones" the strengths of investment and development experience of Viglacera Industrial Parks when all are fully equipped with basic utility systems such as post office, internal security, fire prevention and fighting, customs, banks, etc.

Song Cong II Industrial Park is also a place to enjoy high-quality human resources , as Thai Nguyen province ranks 3rd in the country with a system of 31 universities, colleges, vocational schools, and continuing education centers. It is expected that by 2030, this land will have up to 4,500 workers in the electronics, semiconductor, and artificial intelligence industries. Not to mention, enterprises investing in Viglacera's industrial parks all have human resource support trained by Viglacera College in the fields of electricity, welding, mechanics, and other fields that require soft skills such as foreign languages (English, Korean, Chinese)...

What preferential policies do investors enjoy?

Advantages of Viglacera branded industrial parks

Song Cong II Industrial Park - Phase 2, invested by Viglacera Thai Nguyen Joint Stock Company, has simultaneously integrated many advantages from more than 25 years of experience in implementing industrial park investment and construction of Viglacera Corporation and Thai Nguyen province - a locality that owns up to 7 young and extremely dynamic industrial parks with high investment exploitation efficiency.

Song Cong II Industrial Park - Phase 2 itself has great advantages in natural conditions. Thus, the combination of natural advantages and the great investment values brought by Thai Nguyen Province and Viglacera to Song Cong II Industrial Park will certainly bring this Industrial Park outstanding competitive advantages. Contributing to Thai Nguyen continuing to maintain its position as one of the top provinces and cities attracting the highest FDI in the country.

On the side of Viglacera Corporation - JSC, the assets of industrial parks up to now can be mentioned as follows: Owning 16 domestic and foreign industrial parks, total area of over 4,500 hectares; attracting up to 18 billion USD in FDI investment; having more than 400 investors including many prestigious brands such as SAMSUNG, Amkor; Technology, Qisda, Foxconn, THK, Canon.. In addition, it is possible to mention the experience of developing 18 residential urban areas and 1 5-star hotel resort.

For more information, please contact:

1. Viglacera Thai Nguyen Joint Stock Company:

Phone: 020.839.35999 | Website: https://songcong2.viglaceraip.com/

Email: [email protected]

2. Viglacera Real Estate Trading Company

Phone: (+84) 888 25 22 88 | Website: https://viglaceraip.com

Source: https://www.viglacera.com.vn/vi/portal/news.php/tin-tuc-su-kien/hoat-dong-kinh-doanh/thang-3-niem-vui-nhan-doi-viglacera-khoi-cong-khu-cong-nghiep-song-cong-ii-giai-doan-2-id-10832.html