With its synchronous and modern infrastructure, strategic location in the heart of Song Lo district, convenient transportation connections, and plentiful labor resources, Song Lo II Industrial Park is poised to be an appealing destination for investors.
Chairman Tran Duy Dong of the Vinh Phuc Provincial People's Committee inspects conditions at Song Lo II Industrial Park
Song Lo II Industrial Park, invested by Vinh Phuc Infrastructure Development Joint Stock Company, began construction in late June 2023 in Dong Thinh and Yen Thach communes, Song Lo district, Vinh Phuc province. The 165.65-ha industrial park cost a total of more than VND1,500 billion for construction. Song Lo authorities have actively removed obstacles in land compensation and site clearance, and facilitated infrastructure investors to speed up their construction progress and put their factories into operation soon. Up to now, Song Lo district has handed over 152.7 ha of land to Vinh Phuc Infrastructure Development Joint Stock Company (project investor); and approved the land compensation and site clearance plan of 160.6 ha at a cost of more than VND471 billion. The remaining area of 6.6 ha, owned by 90 households, will need site clearance soon. Additionally, the company has invested over VND561.5 billion in infrastructure development, land compensation, and site clearance.
Perspective of Song Lo II Industrial Park project
To build Song Lo II into a model, modern and standard industrial park, the investor has applied advanced technologies to create a green ecosystem and meet high standards from tenants. The developer designs a synchronous infrastructure system, integrated with an environmentally friendly green space, builds a modern wastewater treatment plant, and installs a solar power system to produce electricity and protect the environment. It also adopts strict technical criteria like a maximum construction density of 60% and a height limit of no more than five floors.
As expected, Song Lo II Industrial Park is set to attract sectors such as mechanical engineering, electronics, electrical equipment, construction materials, textiles and garments, leather and footwear, cosmetics production, and vegetable and fruit processing. Once operational, the park is expected to generate approximately 13,000 jobs.
By Tran Trang, Vietnam Business Forum