On January 30th, 2023, Viglacera Corporation – a member unit of GELEX Group held the Groundbreaking Ceremony of Social Housing project at plots OXH2.1 and OXH2.2 – Phu Ha Industrial Park, Phu Tho Province.

The program attendees were Mr. Nguyen Van Tuan – Chairman of the Board of Directors of Viglacera Corporation; Mr. Nguyen Anh Tuan – General Director of Viglacera Corporation, together with the members of the Board of Directors, the Supervisory Board, the Deputy General Directors of the Corporation, leaders of the member units of the Corporation.

Investment project to build social housing for workers of Phu Ha Industrial Park in Ha Loc Commune, Phu Tho Town, Phu Tho Province has been invested by Viglacera Corporation since 2019, with a total project area of 43,175 m2, population size of about 3,000 people, 558 social apartments for sale and rent and 48 low-rise apartments.

Up to now, the project has been handed over and put into use with a 6-storey building block in land plot OXH 1-2 from February 2022, with a scale of 134 apartments. A  6-storey building block has been under construction in land plot OXH 1-1, with a scale of 134 apartments. It is expected to be completed and put into use in June 2023. The system of roads, internal walkways, landscapes, trees and technical infrastructure has been invested and built synchronously.

In 2022, Viglacera recorded an impressive growth in real estate business, earnings before taxes which was estimated at VND 1,622 billion (reaching 133% of the year plan and growing by 57% compared to the implementation in 2021). This is also the segment that plays a leading role and contributes largely to the profit growth of the Corporation.

In the period of 2022 – 2023, according to the plan, the Corporation will survey and develop a number of new industrial parks in localities with favorable locations. Up to 2025, the Corporation will increase the total number of industrial parks under the Viglacera brand name to 20 with over 10 new IPs with a total area of 2,000-3,000 hectares to develop the industrial park land bank.