Viglacera to develop key projects in Q4

Tuesday, Oct 18, 2016 13:01

Viglacera's ceramic brick production line. The corporation plans to develop many key projects by this year end. — Photo

HA NOI (Biz Hub) — Vietnam Building Glass and Ceramics Joint Stock Corporation (Viglacera) is focusing on implementing its key projects as planned by the year end, Viglacera general director Nguyen Anh Tuan said.

The projects included Viglacera Dap Cau Glass Joint Stock, Phu My glass project and the organisation of international bidding for items of the My Xuan A Ceramics Factory that just started construction.

In the fourth quarter of this year, Viglacera will continue robust investment in the local real estate market by starting construction of the Dong Van 4 Industrial Zone and several other real estate projects.

In addition, Viglacera is also preparing for the issuance of more shares for increasing capital to obtain more funds for potential projects developing by the end of this year and next year, he said.

Since early this year, the corporation has actively restructured itself to improve competitive ability, ensure efficiency in production and business and set up development plans for each sector.

The corporation's profit in the first nine months of this year reached 104 per cent of the yearly plan for 2016. — VNS

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