HÀ NỘI — The Viglacera Corporation on Wednesday started construction of a housing project for workers in the Phú Hà Industrial Zone in the northern province of Phú Thọ.

Trần Anh Tuấn, director of the Viglacera projects management board, said the social housing project covered an area of 4.3ha in Hà Lộc Commune of Phú Thọ Town.

The VNĐ480 billion (US$21 million) project is expected to provide 630 apartments, ranging from 26sq.m to 70sq.m, to some 2,500 workers. The rent is estimated at VNĐ30,000 per square metre.

The project aims at improving the living standard of the employees, ensuring their commitment to the enterprise, as well as attracting more investments in the industrial zone.

Viglacera committed to focusing its resources in the construction work so that the apartments can be rented as scheduled, Tuấn said.

Construction of Phú Hà Industrial Zone was kicked off on February 26, 2015. It has attracted $90 million from 13 enterprises mainly specialising in electronics and electricity production using advanced technology. The firms have helped create 10,000 jobs for the locality and neighbouring provinces.

Hoàng Công Thủy, vice chairman of the provincial People’s Committee, said if the entire land in the industrial zone were to be hired for production activities, there would probably be 30,000 workers. Therefore, the project developed by Viglacera Corporation needed to meet the demand of current and future workers.

The same day, the corporation inaugurated a VNĐ16 billion waste water treatment plant in the industrial zone, with a capacity of 1,250cu.m per day and night.

Viglacera Corporation is considered the leading company in building material industry in Việt Nam and has confirmed its prestige in the real estate sector with many housing projects, including infrastructure of industrial parks and offices for lease, urban areas, houses for sale and trade centres. — VNS