GELEX Infrastructure owns over 90% of GELEX Quảng Trị Energy and has invested in the GELEX 1, GELEX 2, and GELEX 3 wind power projects in Quảng Trị.

In June 2018, GELEX Ninh Thuận Solar Farm, a subsidiary of GELEX Energy, held a groundbreaking ceremony for the solar farm project.

GELEX Infrastructure holds over 90% of Hướng Phùng Wind Power and has invested in the Hướng Phùng 2 and Hướng Phùng 3 wind power projects.

GELEX and Frasers Property Vietnam signed a cooperation agreement in March 2023 to develop industrial parks in northern Vietnam, with an initial investment of approximately 6,000 billion Vietnamese dong (250 million USD).

Viglacera’s industrial real estate segment contributed significantly to its January 2023 revenue. The company reported January 2023 production and business results, including pre-tax profit, in a January 2023 meeting.

GELEX Infrastructure focuses on developing green and smart industrial parks and real estate, investing in modern industrial zones with integrated eco-cities, meeting international standards, and aligning with global investment trends in Vietnam. It also expands into commercial real estate using land assets from its parent company and subsidiaries.

Viglacera is a leading producer of construction materials and real estate in Vietnam.

GELEX Electric manages electrical equipment companies within the GELEX group, including brands like CADIVI, THIBIDI, HEM, EMIC, and CFT.

Gelex Infrastructure (GEL) plans to raise **VND 2,860 billion** through a **private placement of 100 million shares** to fund the **Gia Binh International Airport project**. The capital will be used to **repay loans** tied to the airport’s development. The company has approved the share issuance to secure financing for the infrastructure initiative.

Sep 2026vietnam.vnNews article

Gelex Infrastructure is expanding its land holdings in strategic locations to support its industrial park and construction materials operations. The move aims to strengthen its capacity for future development projects in these sectors.

Jul 2026Vietnam Investment Review - VIRNews article

GELEX Infrastructure Joint Stock Company lists over **890 million shares** on the Ho Chi Minh City Stock Exchange (HoSE) starting February 6, 2026. The listing enables the company to pursue operational improvements and sustainable growth. Shareholders now benefit from increased market visibility and potential value appreciation.

Feb 2026Gelex HoldingsNews article

Gelex Group is preparing to list its infrastructure subsidiary, Gelex Infrastructure, via an IPO in Q4 2025. The move follows efforts to strengthen the company’s financial performance and broaden its infrastructure portfolio in Vietnam’s multi-sector corporate landscape.

Aug 2025theinvestor.vnNews article