Viglacera’s industrial parks continue to attract green projects

April 25, 2024 | 10:00
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Viglacera, one of Vietnam's leading industrial park (IP) developers, is spearheading the development of smart IPs to attract green industrial projects.

With 25 years of experience, Viglacera has successfully attracted many world-renowned technology giants such as Samsung, Amkor, Hyosung, Foxconn, BYD, and Qisda. Building on this achievement, Viglacera is promoting the development of green and smart IPs to lure green industrial projects.

Originating from the new rules in global trade and investment established at the 26th United Nations Climate Change Conference (COP26), and the commitment of the Vietnamese government to achieve net-zero emissions by 2050, Viglacera has set its sights on developing IPs following green and smart models. This entails attracting investments in high-tech industries, environmentally friendly supporting industries, and creating high value-added.

Following the kick-off of Thuan Thanh Eco-Smart IP, the leadership of Viglacera Corporation JSC officially established standards for Viglacera’s next IP projects to strictly adhere to green and smart goals. Core objectives have been incorporated into action plans, such as maximising resource efficiency, reducing fuel consumption, minimising water usage, and mitigating environmental pollution.

With existing IPs, there will be a gradual investment in conversion and upgrading to achieve the highest level of greening. This transformation serves as evidence of Viglacera’s vision and responsibility towards the community.

Viglacera’s industrial parks continue to attract green projects
Image of Thuan Thanh Eco-Smart IP

As a result, green projects have been started at Viglacera’s IPs. Specifically, Hitachi Energy, a leading industrial technology conglomerate, recently inaugurated a $50 million transformer factory in Tien Son IP (Bac Ninh) in December 2023. The factory achieved LEED Gold certification, demonstrating Hitachi Energy’s commitment to minimising its environmental impacts.

A series of new-generation factory projects by Frasers Property Vietnam (FPV) have also chosen Viglacera’s IPs as their destinations. FPV is the first company in Vietnam to be recognised by the Science Based Targets Initiative (SBTi) for setting greenhouse gas emission reduction targets.

According to Truong An Duong, director of the North Vietnam Branch, FPV has outlined a net-zero roadmap by 2050, specifically aiming to certify all development projects to 100 per cent green standards. In line with this approach, Frasers has commenced the Industrial Centre Yen Phong 2C project (Bac Ninh province) with 34,500 square metres of ready-built factories and high-quality warehouse facilities, emphasising the creation of a healthy and sustainable working environment.

Viglacera’s industrial parks continue to attract green projects
Frasers Property Vietnam kicks off the Industrial Centre Yen My (Hung Yen province) on March 20, and Industrial Centre Dong Mai (Quang Ninh province) on March 23

In March 2024, FPV officially commenced two more projects: Industrial Centre Dong Mai (Quang Ninh province) with 71,000sq.m of ready-built factories and warehouses in a premium model, and Industrial Centre Yen My (Hung Yen province) comprising 159,000sq.m of multifunctional industrial facilities and significant green areas with four entertainment parks within the project.

All projects are designed to meet LEED certification requirements, which are internationally recognised standards focusing on energy efficiency and environmental protection in projects, and are acknowledged as the most comprehensive green standards for human living spaces. The groundbreaking ceremony at Industrial Centre Dong Mai was honoured by the presence of Kees van Barr – Ambassador of the Netherlands to Vietnam, marking the beginning of the first facility of High-Tech Semiconductor Technology Group VDL B.V in Vietnam.

The presence of LEED-certified projects in Viglacera’s IPs reaffirms that Viglacera’s green and smart development direction is being gradually realised. Viglacera’s IPs have, are, and will continue to be the destination for high-tech, modern, and environmentally friendly businesses.

In early spring 2024, Viglacera Corporation JSC officially announced Thuan Thanh Eco-Smart IP in Thuan Thanh town (Bac Ninh province). Thuan Thanh Eco-Smart IP covers an area of 250 hectares, located near Ring Road No.4, and is expected to be completed in 2026. Once the ring road is open to traffic, Thuan Thanh Eco-Smart IP will have fast connections with Hanoi (20 minutes travel time), Noi Bai International Airport (40 minutes), and Haiphong Port (75 minutes).

Viglacera's $124 million industrial park in Bac Ninh approved Viglacera's $124 million industrial park in Bac Ninh approved

Thuan Thanh I Industrial Park will be built in Bac Ninh province with a total investment of $123.8 million with Viglacera Corporation as the main investor.

Viglacera attracts nearly 15 billion USD in FDI Viglacera attracts nearly 15 billion USD in FDI

Viglacera Corporation JSC, the largest real estate and building materials group in Vietnam, has developed 11 industrial parks in Vietnam and one economic zone in Cuba, attracting nearly 15 billion USD worth of foreign direct investment from more than 300 enterprises.

Viglacera has attended the renowned Cersaie 2023 Viglacera has attended the renowned Cersaie 2023

Viglacera (VGC) has attended Cersaie 2023, one of the foremost international events in construction materials and design, in the city of Bologna, Italy, from September 25 to 29.

By Vy Bui

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