MTA Vietnam is under Informa PLC Information Market Division

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726

Quang Ninh welcomes more Japanese investors in processing and manufacturing industry

20/07/2023

Over the past 2 weeks, the Song Khoai Industrial Park invested by Amata Group in Quang Yen coastal economic zone, Quang Ninh province, has continuously welcomed new projects from Singapore and Japan.

The Parts Seiko Vietnam Co., Ltd. is the second Japanese investor to Amata Group’s Song Khoai Industrial Park in Quang Ninh.

On July 6, the Song Khoai Industrial Park welcomed the second Japanese investor. Specifically, the Seiko Vietnam Parts Co., Ltd. has been granted an investment registration certificate by the Quang Ninh Economic Zone Management Board to carry out the project of building a factory for manufacturing, processing, assembling and trading metal products. The project is implemented on an area of 1 hectare, with an investment capital of USD10 million.

In early 2024, the factory will begin construction and is expected to go into production in the third quarter of the same year, with the total capacity of 40.5 tons per year. The products will be exported mainly to Japan and Asian countries.

According to Mr. Nguyen Van Nhan, General Director of Amata Ha Long Urban Joint Stock Company (Amata Group), the infrastructure investor of the Song Khoai Industrial Park, the choice and trust of Japanese and many foreign investors in the Song Khoai Industrial Park comes from many factors, with the most outstanding being the companionship of local authorities at all levels, as well as the strategic location and attractive tax incentives of Quang Yen coastal economic zone.

Since the beginning of 2023, 5 investors have been granted investment registration certificates for 24 hectares of land in the Song Khoai Industrial Park, with a total capital of over USD435 million. Up to now, the Song Khoai Industrial Park has attracted 9 secondary investment projects, with a total registered investment capital of nearly USD1.8 billion on 84 hectares of leased land.

With a positive forecast of the current capital flow prospect, Amata Group expects to attract over USD1.2 billion for more than 14 investment projects in 2023 in the Song Khoai Industrial Park./.

Source: dangcongsan.vn

Share this post

Must Read

CONFERENCE SERIES
24/05/2021

You may be interested in

09/04/2024
Vietnam announces national semiconductor strategy
Vietnam has announced it will introduce a series of tax incentives for semiconductor companies...
02/04/2024
Industrial production in the first two months of the year increased by 5.7% compared to the same period
Overall, in the first two months of 2024, the index of industrial production for the entire...
28/03/2024
Việt Nam có thể trở thành ‘con rồng AI’
Ông Rafael Frankel – giám đốc chính sách công khu vực Đông Nam Á thuộc Tập...
28/03/2024
Vietnam is ready to welcome the wave of investment in smart manufacturing chains.
(TBTCO) – The fields of electronics manufacturing, semiconductor chips, and smart...
27/03/2024
Humanoid robot converses with OpenAI language AI
The unicorn tech company’s Figure AI robot is equipped with OpenAI’s image language...
30/01/2024
Boeing supplier greenlighted to build $20M plant in Vietnam
A Boeing 737 Max operated by Air Canada. Photo by Pexels KP Aero Industries, a South Korean...
23/01/2024
Vietnam is a potential market for companies engaged in the manufacturing of agricultural machinery and equipment
The agriculture sector in Vietnam has set comprehensive mechanization targets for the year 2030,...
23/01/2024
‘The Giant’ Goertek is expected to invest over 6,800 billion VND in Vietnam to expand production. Which locality will be chosen?
According to the South China Morning Post (SCMP), Goertek has announced its intention to invest up...
23/01/2024
Electronics Industry: Seizing Opportunities for Breakthroughs
The electronics industry holds a pivotal position in the economy, exerting a strong ripple effect...

Đăng ký nhận Bản tin

    captcha
    ĐẶT GIAN HÀNG
    ĐĂNG KÝ THAM QUAN