Hanoi (VNA) – The ViglaceraInfrastructure Investment Development Company under the Viglacera Corporationon February 2 launched a housing project for workers in the Yen Phongindustrial park (IP) in the northern province of Bac Ninh.
The project is expected to accommodate about4,000 employees, helping them shorten time to go to their working places andthus contributing to reducing traffic congestion at peak hours.
Covering an area of over 20 ha in Dong Tien commune,the project includes 7,000 sq.m for a kindergarten, parking-lot, and facilitiesfor cultural activities, over 23,800m2 for transport facilities and over13,000sq.m for greenery areas, and sport grounds.
Addressing the ground-breaking ceremony,Minister of Construction Pham Hong Ha said this is a practical project,contributing to realising Bac Ninh’s socio-economic development target.
As a key construction enterprise in Vietnam,Viglacera is not only a prestigious brand name in terms of constructionmaterial but also a pioneer in developing social housing, including those forworkers.
According to the minister, around 179 projectsof social housing (71,150 apartments) in urban areas and IPs have been completed,accounting for only 28 percent of the goal set in the National HousingDevelopment Strategy by 2020.
A representative from Samsung Display of theRepublic of Korea said the project will help better workers’ living conditions,and contribute to improving the investment environment in Bac Ninh.
Built in 2005 on a total area of over 658ha, theYen Phong IP is home to many investment projects of foreign renowned tradenames such as Samsung, Orion, Flexcom, Dongsin, Mobase, Dawo Vina, and Hansol.
The IP has attracted nearly 8 billion USD ininvestment, including 7.2 billion USD in foreign direct investment (FDI), contributingto local export value.
Established in 1974, Viglacera has developedfrom a traditional brick and ceramics manufacturer to a state-ownedconglomerate with a focus on building material production and development ofinfrastructure, IPs and residential and business properties.
It received international awards such as, “BestVietnamese IP Developer” and “Vietnam’s Most Active Developer” awarded by BCIAsia for its achievements in industrial and residential propertydevelopment.-VNA
The project is expected to accommodate about4,000 employees, helping them shorten time to go to their working places andthus contributing to reducing traffic congestion at peak hours.
Covering an area of over 20 ha in Dong Tien commune,the project includes 7,000 sq.m for a kindergarten, parking-lot, and facilitiesfor cultural activities, over 23,800m2 for transport facilities and over13,000sq.m for greenery areas, and sport grounds.
Addressing the ground-breaking ceremony,Minister of Construction Pham Hong Ha said this is a practical project,contributing to realising Bac Ninh’s socio-economic development target.
As a key construction enterprise in Vietnam,Viglacera is not only a prestigious brand name in terms of constructionmaterial but also a pioneer in developing social housing, including those forworkers.
According to the minister, around 179 projectsof social housing (71,150 apartments) in urban areas and IPs have been completed,accounting for only 28 percent of the goal set in the National HousingDevelopment Strategy by 2020.
A representative from Samsung Display of theRepublic of Korea said the project will help better workers’ living conditions,and contribute to improving the investment environment in Bac Ninh.
Built in 2005 on a total area of over 658ha, theYen Phong IP is home to many investment projects of foreign renowned tradenames such as Samsung, Orion, Flexcom, Dongsin, Mobase, Dawo Vina, and Hansol.
The IP has attracted nearly 8 billion USD ininvestment, including 7.2 billion USD in foreign direct investment (FDI), contributingto local export value.
Established in 1974, Viglacera has developedfrom a traditional brick and ceramics manufacturer to a state-ownedconglomerate with a focus on building material production and development ofinfrastructure, IPs and residential and business properties.
It received international awards such as, “BestVietnamese IP Developer” and “Vietnam’s Most Active Developer” awarded by BCIAsia for its achievements in industrial and residential propertydevelopment.-VNA
VNA