WESTERN PACIFIC BREAKS GROUND ON YEN LENH INDUSTRIAL CLUSTER IN HA NAM

The Yen Lenh Industrial Cluster project was approved for investment by Ha Nam Provincial People's Committee, and the investor was approved according to Decision No. 423/QD-UBND dated April 1, 2022.

Yen Lenh Industrial Cluster is being invested in and constructed with a scale of 69.09 hectares by Ha Nam Infrastructure Joint Stock Company, a member of Western Pacific Joint Stock Company. Western Pacific is an investor in the Logistics Industrial Cluster (LIC) with nearly 20 years of experience in developing and operating industrial and logistics infrastructure in Vietnam. We are also the developer of the Yen Phong II-A Industrial Park, which has been successfully constructed in Bac Ninh province.

Located on National Highway 38B, which connects the northern provinces and is only 50km south of Hanoi and 700m from the Yen Lenh port system, the Yen Lenh Industrial Cluster boasts multimodal transportation advantages, meeting the diverse logistics needs of investors.

The Yen Lenh Industrial Cluster attracts industries such as electronics and auxiliary components, mechanical manufacturing and assembly, consumer goods production, agricultural products processing, food and beverage production, and many other high-tech, environmentally friendly industries.

Attending the groundbreaking ceremony were Mr. Nguyen Quy Hung, Member of the Standing Committee, Vice Chairman of the Duy Tien Town People's Committee, representatives from Trac Van and Chuyen Ngoai communes, village leaders, contractors, partners, customers, and the leaders and staff of Western Pacific Group.

At the groundbreaking ceremony, the Duy Tien town leaders representative highly appreciated the potential and project implementation capacity of Western Pacific Group with our projects within the LIC ecosystem in Vietnam. The project is expected to create a diverse industrial land fund for investors, as Ha Nam province is always among the top FDI-attracting localities due to its advantageous position and effective investment policy changes, creating a favorable investment environment.

Within the framework of the groundbreaking ceremony for the Yen Lenh Industrial Cluster project, a memorandum of understanding (MOU) was signed between the investor, Ha Nam Infrastructure Joint Stock Company, a member of Western Pacific Group, and three customers interested in investing in the Yen Lenh Industrial Cluster.

This groundbreaking ceremony not only marks the initial step in the project's construction but also reaffirms the credibility and implementation capacity of Western Pacific Group in investing, constructing, and operating industrial and logistics infrastructure in Vietnam.

Furthermore, Western Pacific Group is continuing to expand the LIC ecosystem in many key northern provinces. Most recently, the developer of LIC projects also received investment policy approvals for the Dong Van V Industrial Park in Ha Nam province and the Yen Lu Industrial Park (opened) in Bac Giang, promising to create additional value for customers.