On the morning of July 3, 2024, the groundbreaking ceremony for the Industrial Centre Yen Phong Expansion - Phase 1 was solemnly held at Yen Phong Industrial Park (Expansion Area), Trung Yen and Dung Liet communes, Yen Phong district, Bac Ninh province. The event was attended by representatives from the Bac Ninh Industrial Parks Management Board, investors Frasers Property and GELEX, general contractor SOL E&C, along with consultants, customers, and project partners.

The Groudbreaking key moment

The Industrial Centre Yen Phong Expansion is invested in by Frasers Property Vietnam and GELEX Group, two leading entities in the development of premium industrial real estate projects. Frasers Property Limited is a multinational corporation with extensive experience in owning, operating and developing a wide range of property products and services in more than 70 cities and 20 countries across Asia, Australia, Europe, Middle East and Africa. GELEX Group is known as a leading investment group in Vietnam and proudly owns renowned national brands such as Viglacera, CADIVI electric cables, EMIC electrical measuring equipment, THIBIDI transformers, HEM electric motors, CFT copper wires, Song Da clean water plants ….

Mr. Le Chi Trung - General Director of SOL E&C at the ceremony

Built as a premium industrial park, meeting stringent green building requirements (LEED), the Industrial Centre Yen Phong Expansion ensures international standards in energy savings, environmental protection, and community health. The project will offer a variety of products including ready-built factories, warehouses, and build-to-suit facilities. Besides providing premium factory solutions tailored to business needs, the Industrial Centre Yen Phong Expansion also aims to create an ideal living and working environment for the business community, promising to become a prime destination for both domestic and international companies.

The perspective of Industrial Centre Yen Phong Expansion – Phase 1

In the 1 phase of the project, there are 11 premium ready-built factories, a service center, auxiliary areas, ancillary buildings, and guard houses, which are constructed on a land area of nearly 90,000 square meters, with a total gross building area (GBA) of over 52,000 square meters. During this phase, SOL E&C collaborates with Frasers Property Vietnam and GELEX as the General Contractor, comprehensively implementing construction tasks including test piling, mass piling, structural work, finishing, MEP, infrastructure, and landscaping.

Mr. Truong An Duong - General Manager, North Vietnam and Residential of Fraser Property Vietnam

On the speech at the groundbreaking ceremony, Mr. Truong An Duong - General Manager, North Vietnam and Residential of Fraser Property Vietnam, emphasized the development potential of Bac Ninh province in attracting FDI and boosting the local economy. With the support of local authorities, the investor is committed to developing a sustainable industrial center meeting international standards, contributing to the enhancement of industrial infrastructure and production activities in Bac Ninh province. Frasers Property Vietnam and GELEX have entrusted SOL E&C as the General Contractor to accompany them in the construction of the project to realize these goals. 

Mr. Pham Van Tai - Operations Director of SOL E&C

In response to the client's trust, Mr. Pham Van Tai - Operations Director of SOL E&C, committed to safe, high-quality construction, on-time completion, and adherence to the stringent standards of green buildings. He pledged to work alongside Frasers Property and GELEX to develop large-scale, modern industrial parks in the North, enhancing the status of industrial zones in Vietnam.

SOL E&C Site Management Team of the project

In the southern of Vietnam, SOL E&C has partnered with Frasers Property on several large-scale projects such as BDIP Premium Ready Built Phases 1 and 2, Garnet 1, and more. Therefore, SOL E&C's continued role as the General Contractor for the Industrial Centre Yen Phong Expansion project by Frasers Property Vietnam and GELEX in the North presents sustainable partnership among these corporates in building green industrial parks, contributing to the sustainable development of the industrial real estate sector in Vietnam.