On June 25, 2023, at Song Lo II Industrial Park (IP) in Vinh Phuc Province, Vinh Phuc Infrastructure Development Joint Stock Company (VPID) successfully organized the groundbreaking ceremony for Song Lo II Industrial Park, with a scale of 165.65 hectares and a total investment capital of VND 1,520 billion.

Attending the groundbreaking ceremony of Song Lo II Industrial Park were Mr. Le Duy Thanh, Deputy Secretary of the Provincial Party Committee and Chairman of the Vinh Phuc Provincial People’s Committee; Mr. Nguyen Ba Hien, Secretary of the Song Lo District Party Committee; Mr. Ha Dinh Nha, Head of the Vinh Phuc Industrial Parks Management Board; Mr. Trinh Viet Dung, Chairman of the Board of Directors of VPID; leaders of provincial departments and functional agencies; representatives of the People’s Committee of Song Lo District and communes within the project area; investors, customers, and partners of VPID; and representatives of central and local media agencies who attended and reported on the event.

The groundbreaking ceremony at Song Lo II Industrial Park was held solemnly and successfully, marking an impressive beginning and promising future success for the project. The event received attention, recognition, and coverage from central and local media agencies.

• VPID commits to mobilizing all resources to successfully implement the Song Lo II Industrial Park project

Following the success of the groundbreaking ceremony, together with its experience in infrastructure investment in numerous industrial park projects in Vinh Phuc Province and several northern provinces such as Ha Nam and Hai Duong, VPID commits to mobilizing all resources to implement the investment and complete the project in accordance with the planned schedule. On June 23, 2023, the Company was allocated land by the Vinh Phuc Provincial People’s Committee to carry out the project (Phase 1), with a total land area of 152.76 hectares, of which industrial land accounts for 111.57 hectares.

During the implementation of the Project, VPID ensures strict compliance with legal regulations on fire prevention and fighting and construction; concentrates maximum resources and selects capable and experienced contractors to achieve quality and meet the planned schedule; and supervises construction contractors to ensure occupational safety and environmental hygiene. Throughout the construction process, the Project will absolutely not affect the living conditions and daily activities of local residents in surrounding areas.

Currently, VPID is cooperating with contractors and focusing on completing site clearance for the land area acquired in Phase 1 of the Project; gradually carrying out infrastructure construction, including key items such as: construction of the centralized wastewater treatment plant and emergency pond; drainage channels and wastewater collection systems; lighting systems; water supply and power supply systems; and landscaping. Song Lo II Industrial Park will apply advanced technologies to create a green ecosystem. A synchronized technical infrastructure system, modern wastewater treatment technology, and a solar power system will help efficiently save production energy.

SONG LO II INDUSTRIAL PARK is expected to hand over land to enterprises in early 2024

Song Lo II Industrial Park is expected to start leasing land with completed infrastructure to secondary investors from March 2024, attracting a diverse range of industries such as mechanical engineering, electronics, electrical equipment manufacturing, construction materials, light industry, and manufacturing and processing industries.

Once completed and put into operation, the Project will meet the demand for receiving large-scale industrial projects, thereby promoting the advantageous geographical and economic potential of the area. The Project is expected to create employment for approximately 13,500 workers and make a significant contribution to the state budget through tax revenues generated by investment projects within the industrial park.

By choosing Song Lo II Industrial Park, investors will receive free support with legal procedures related to the preparation of investment project dossiers, applications for Investment Registration Certificates and Enterprise Registration Certificates; support for design and construction according to requirements, along with many preferential policies on land rental prices and taxes; as well as assistance in recruitment and training of high-quality human resources. VPID commits to accompanying investors in developing Song Lo II Industrial Park into a modern industrial park meeting international standards, ensuring sustainable, harmonious development and environmental protection, thereby making a positive contribution to the development of Vietnam’s economy and promoting the country’s industrialization process.