Industrial park flourishes, GEX aims to complete the year plan soon

According to the meeting of the Board of Directors in the first 6 months of the year, the leasing situation of industrial park real estate of Viglacera Corporation had a strong growth. The BOD is confident that Viglacera can complete the annual plan assigned by the General Meeting of Shareholders ahead of schedule.

Industrial park flourishes, GEX aims to complete the year plan soon

Before, the consolidated profit of the Corporation in May 2023 reached 166% of the monthly plan, of which the parent company achieved 142%.

With a strong investment direction in industrial park real estate, Viglacera has earned significant profits. Currently, Viglacera owns and operates 12 industrial real estate parks with a total area of ​​over 4,000 hectares.

According to the plan, in the period of 2022- 2023, Viglacera will survey and develop a number of new industrial parks in localities with favorable locations. By 2025, this enterprise will increase the total number of industrial parks to 20 with over 10 new industrial parks with a total area of about 2,000-3,000 hectares.

The strong business results of Viglacera will make an important contribution to the growth of revenue and consolidated profits of the Gelex Group, helping to achieve the 2023 plan ahead of schedule.

Image of wind power pylons at Gelex 1,2,3 Wind Power Plant Project in Quang Tri

Besides, Gelex is also in the process of working and negotiating to come to an agreement and complete the transaction with foreign investors.

GELEX currently owns 5 wind power projects in Huong Hoa district, Quang Tri province, with a total investment of over VND 6,000 billion. These projects include the Huong Phung 2 and Huong Phung 3 Wind Power Plants (with 12 turbines and a total installed capacity of 50MW), as well as the GELEX 1, 2, and 3 Wind Power Plants, which have been recognized as commercially operational and eligible for preferential electricity prices.

The divestment of the energy sector to foreign investors is part of GELEX’s restructuring strategy, which brings in significant revenue for the company and aims to seek large joint venture partners to develop offshore wind power projects in the future.

PR Department