Viglacera eyes one billion USD of revenue by 2020 hinh anh 1 At the Viglacera Ha Long (Source: VNA)

Hanoi (VNA) – The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) said it will ensure supplies and aims to earn one billion USD in revenue from 2017 – 2020.

To achieve this, Viglacera plans to develop sustainably in the period, with investment focused on hi-tech products and infrastructure in industrial parks.

Funding will be ensured for key projects while accelerating the equitisation process as per Government instructions, divesting at least 51 percent of state-owned capital by 2019.

In 2017, Viglacera will focus investment on infrastructure in industrial parks.

Currently, the company has 10 industrial parks, in Bac Ninh, Ha Nam, Thai Binh, Phu Tho, Quang Ninh, Hue and Hung Yen.

Financial priority will be given to two projects in Yen Phong Industrial Park and Dong Van IV Industrial Park, worth 692 billion VND (30.45 million USD) and 154 billion VND (6.77 million USD), respectively.-VNA