50 million USD plant officially operated in Quang Chau Industrial Park

Update: 14:38 | 05/12/2018

(BGO)–After nearly 6 months of execution, the construction project of electronic component manufacturing plant invested by Samwang Company Limited in Quang Chau Industrial Park in Viet Yen district, Bac Giang province was officially put in operation. 

Related news50 million USD plant, Bac Giang province, Quang Chau Industrial Park, construction project, electronic component fabrication plant, total investment, Korean enterprise

The plant was constructed in a 10-hectare area with a total investment of 50 million USD from a Korean enterprise including the first phase worth 30 million USD.

50 million USD plant, Bac Giang province, Quang Chau Industrial Park, construction project, electronic component fabrication plant, total investment, Korean enterprise

Illustrative image.

Thanks to the prompt investment, the project was commenced in May 2018 and currently put in operation. The plant helps create jobs to about 600 laborers and still has high employment demand.

Additionally, it strives to recruit 2,000 workers as of the first quarter of 2019.

 

Bac Giang accelerates investment in Industrial Parks
(BGO) - Vice Chairman of Bac Giang provincial People’s Committee (PPC) Duong Van Thai had a working session on 18 June with the provincial Industrial Zones Authority (IZA), leaders of some provincial departments, sectors, localities and infrastructure investors on situations of infrastructure investment and industrial parks (IPs) management in Bac Giang province. 
 
Investment policy in Belt road No.1 approved
(BGO) – The Standing Committee of Bac Giang municipal People’s Council has approved for the investment policy in Belt road No.1 in the west of the city, linking Tran Quang Khai street (Song Mai commune) and the gasoline station locating at the national road No.17 (Tan My commune, Bac Giang city).
 
Strengthening investment attraction, building businesses’ trust
(BGO) - To develop the economy, in addition to promoting internal resources, the mobilization of external resources is of important significance. Attracting investment is an opportunity and a challenge for the Party committees, authorities and people of Bac Giang province in bringing into full play the locality’s potential and advantages and creating breakthroughs in all aspects of the socio-economic life.
 
Prosperity in investment attraction
(BGO) – As of July 17 2018, this year Bac Giang province has approved for 71 new domestic investment (DI) projects  with a total registered capital of nearly 1,000 billion VND (42.9 million USD) and 38 foreign direct investment projects (FDI) valued at 124.4 million USD, up 65 DI projects comparing to the same period last year. Besides, the local authority has given a nod to increase the capital for 25 FDI projects up to 279 million USD (total FDI attraction hit 403.4 million USD). 
 
Bac Giang favors Australian enterprises in effective investment
(BGO) – The Chairman of Bac Giang provincial People’s Committee Nguyen Van Linh on August 13 received a delegation of Australian enterprises to visit the province to seek for the opportunity of investment cooperation in the agricultural sector.
 

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