Vice Prime Minister Tran Hong Ha signed a decision on July 12 approving in principle the investment project for the construction and business of infrastructure of Dong Van V Industrial Park, phase 1.
The location of phase 1 of the Dong Van V Industrial Park project is in Tien Noi ward and Tien Ngoai and Yen Nam communes, Duy Tien town, Ha Nam province.
The project aims to invest in the construction and business of infrastructure of Dong Van V Industrial Park, phase 1, with a land use scale of nearly 237.3 hectares, including the area of the safety corridor for the 110kV power grid according to the detailed planning for construction of Dong Van V Industrial Park approved by the competent authority.
The investor is Ha Nam Infrastructure JSC. The total investment capital of the project is over VND2,911 billion, including nearly VND437 billion contributed by the investor. The duration of the project is 50 years from the date of approval of the investment policy and the investor.
According to information, Ha Nam Infrastructure JSC was established in March 2021, headquartered in Ha Nam province, with the main business field of real estate business. The initial charter capital was VND120 billion, in which Western Pacific JSC is the parent company, holding 51%, Hanoi International Port JSC holds 36%, and Ms. Pham Thi Bich Hue holds 13%. Currently, the enterprise has a charter capital of VND590 billion, with Mr. Tran Anh Vuong as General Director and legal representative, and Ms. Hue as Chairwoman of the Board of Directors.
Also on July 12, Deputy Prime Minister Le Minh Khai signed a decision approving in principle the investment project for the construction and business of infrastructure of Yen Lu Industrial Park (expansion), phase 1, in Bac Giang province, with Western Pacific Investment JSC as the investor. The project has a scale of over 119.8 hectares and an investment capital of over VND1,543 billion, including VND308.6 billion contributed by the investor.
Investment Western Pacific is also a subsidiary in which Western Pacific JSC holds 51% of capital, with Ms. Pham Thi Bich Hue as Chairwoman of the Board of Directors and legal representative, and Mr. Tran Anh Vuong as General Director.
Western Pacific JSC was established in 2006 under the initial name of Tay Thai Binh Duong Shipping-Construction-Trading Co., Ltd. In 2018, the company changed its name to the current one and is now a logistics industrial cluster (LIC) developer, including three main pillars: industrial park infrastructure, logistics infrastructure, and logistics operation. Some industrial parks developed by the company with a logistics center include Yen Len cluster (Bac Giang), Yen Phong II-A industrial park and logistics center (Bac Ninh), Pacific Japan logistics center (Binh Duong), and a logistics center in Melbourne, Australia. Starting with a charter capital of just a few dozen billion VND, Western Pacific now has a charter capital of VND615 billion.
Ms. Pham Thi Bich Hue, born in 1977, is the founder and Chairwoman of the Board of Directors of Western Pacific JSC and many other enterprises, including Long An International Port Management and Operation JSC, Saigon Supply Chain Management JSC, Western Pacific Infrastructure JSC, Hanoi Port Construction JSC, Hanoi International Port JSC, and Hiep Luc Energy Development Investment JSC. She is also Vice Chairwoman of the Vietnamese Young Entrepreneurs Association.
Mr. Tran Anh Vuong, also known as Shark Vuong from the reality show Shark Tank Vietnam, is Chairman of the Board of Directors of Bac Viet Group JSC (UPCoM: BVG), a medium-sized manufacturer in Vietnam’s steel industry.
Western Pacific JSC’s Board of Directors
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Thu Minh
