Lao Cai: Groundbreaking Ceremony for the construction investment and infrastructure business Project of Tran Yen Industrial Park (Phase I)
LCP - On August 19, the People’s Committee of Lao Cai Province in cooperation with Viglacera Corporation JSC held the groundbreaking ceremony for the construction investment and infrastructure business Project of Tran Yen Industrial Park (Phase I).
Attending the groundbreaking ceremony were Mr. Trinh Xuan Truong, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Mr. Tran Huy Tuan, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee; Mr. Hoang Giang, Standing Deputy Secretary of the Provincial Party Committee; Ms. Giang Thi Dung, Deputy Secretary of the Provincial Party Committee, Chairwoman of the Vietnam Fatherland Front Committee of Lao Cai Province.
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The Tran Yen Industrial Park project covers an area of 254.59 hectares with a total Phase I investment of over VND 2.184 trillion. The park is designed with comprehensive infrastructure including transportation, power supply, water supply, and wastewater treatment systems.

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A representative of Viglacera Corporation reported on the project implementation progress.

Strategically located near the Noi Bai - Lao Cai Expressway, along the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic corridor, and especially the planned Lao Cai - Hanoi - Hai Phong high-speed railway, the project is expected to attract significant domestic and foreign secondary investment. It aims to create tens of thousands of jobs, improve incomes and living standards, increase local budget revenues, and drive economic restructuring toward industrialization and modernization, providing a new growth engine for the southern region of Lao Cai province.

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Mr. Đoan Hong Phong, Member of the Party Central Committee, Government Inspector General, presented flowers to congratulate Viglacera Corporation.

Speaking at the ceremony, Mr. Trinh Xuan Truong emphasized that the groundbreaking of the Tran Yen Industrial Park, along with other projects simultaneously launched across Lao Cai, represents a concrete step in realizing the province’s strategic vision for industrial and logistics development. He affirmed that this milestone reflects Lao Cai’s determination and aspiration for growth, serving as a vivid testament to the spirit of “Consensus - Action - Development” embraced by the political system and the business community, under the motto: “Enterprises prosper, Lao Cai develops”.

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Mr. Trinh Xuan Truong, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council, delivered a speech at the groundbreaking ceremony.

To ensure the project’s success and early operation, Mr. Trinh Xuan Truong called on the investor to mobilize resources to deliver the project with quality and on schedule, applying advanced technology, green construction practices, energy efficiency, and environmental protection measures. He stressed strict compliance with legal regulations on planning, land use, investment, construction, labor safety, and the environment.

He urged Party committees, authorities, and organizations in Au Lau ward to continue effective site clearance, raise public awareness of the project’s significance, and foster community consensus and support for land recovery, resettlement, and security in the project area.

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Provincial leaders presented congratulatory flowers to Viglacera Corporation.

Mr. Truong also requested relevant provincial departments and local authorities to coordinate actively, expedite procedures on land, construction, resettlement, power, and water supply, creating the most favorable conditions for the project’s implementation. He encouraged secondary investors to seize opportunities early, prioritizing high-tech, clean industries with high added value and strong environmental commitments.

He expressed hope that local residents would continue to support the project, work alongside authorities and investors, and engage in vocational training to secure new employment opportunities in their hometown.

Reaffirming Lao Cai’s development orientation, Mr. Truong stressed that attracting investment, particularly in building modern, green, and sustainable industrial zones in the province’s northern and southern regions, linked with digital transformation and international integration, is a top priority. The province is committed to partnering with businesses, advancing administrative reforms, and ensuring a transparent, fair, and investor-friendly environment where every investor achieves “Success - Prosperity - Long-term Partnership” under the principle: “The success of enterprises is the success of Lao Cai.”

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Presentation of Memoranda of Understanding to investors

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The provincial leaders took commemorative photos with the investors

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The provincial leaders carried out the groundbreaking ceremony of the project

Nguyen Hien
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