Viglacera attracts nearly $15 billion in FDI

Monday, Feb 07, 2022 07:48

Viglacera Corporation JSC, the largest real estate and building materials group in Viet Nam. — Photo cafef.vn

Viglacera Corporation JSC, the largest real estate and building materials group in Viet Nam, has developed 11 industrial parks in the country and one economic zone in Cuba, attracting nearly US$15 billion worth of foreign direct investment from more than 300 enterprises.

The corporation’s IPs offer clean land and modern infrastructure, meeting enterprises’ needs and diverse options for investors.

Viglacera is continuing to expand investment in industrial real estate to strengthen its position as one of the leading operators of industrial property and workers’ housing.

The corporation said in 2022, it will also invest in social housing, housing for workers as well as resort property while improving service quality.

Real estate contributed VND1.03 trillion ($45.61 million) in pre-tax profit to the corporation’s business result in 2021, surpassing target by 22 per cent and up VND326 billion from 2020. — VNS

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