T&T. YCH Study Investment Projects in Vinh Phuc

T&T Group leaders and YCH Group of Singapore had a business trip to Vinh Phuc province to study and explore cooperation and investment in the Vinh Phuc ICD Logistics Center Project.

At the meeting, Mr. Nguyen Van Tri, Chairman of the Provincial People's Committee, briefly introduced the province’s geographical position, potential and advantages, emphasizing that Vinh Phuc has very favorable conditions for industrial, tourism and service development.

With 18 planned industrial parks, the province is attracting domestic and foreign investors to invest in urbanization, tourism and industrial development. Many big corporations of Vietnam are investing here, including Sun Group, Vingroup, FLC Group and T&T Group. The Vinh Phuc ICD Logistics Center Project, planned by the Provincial People’s Committee, is of important significance to local socioeconomic development. He hoped that T&T Group and YCH Group of Singapore will invest successfully in Vinh Phuc in the future and affirmed that the province will provide the most favorable conditions for the two groups to deploy their projects.

Mr. Robert Yap, President of YCH Group, said YCH is strong at logistics services and supply chains. The group wants to invest in the construction of the Vinh Phuc ICD Logistics Center to bring goods directly to consumers, and at the same time, helping develop human resources for Vinh Phuc and neighboring provinces. With the companion of T&T Group (partner unit) and the care and support of provincial leaders, he hoped that the project will be soon realized to serve all industrial parks in the province and meet all logistics demands of tenants in local industrial parks.

Highly appreciating the activeness of T&T Group and YCH Group towards the logistics project in the province, Secretary of Vinh Phuc Provincial Party Committee Hoang Thi Thuy Lan said that many investors are keen on local logistics investment and hoped that capable, experienced investors will be chosen for this field.

Nguyet Tham