Manufacturing News 05/06/2024, 10:37

Thanh Hoa is about to have a factory of nearly 200 billion to produce decorative LED products and electronic toys

The project is implemented in the Thai Hoa commune, Trieu Son district, this is one of the projects attracted through a conference to connect and explore investment opportunities organized by this district in the middle of 2023.

Thanh Hoa is about to have a factory of nearly 200 billion to produce decorative LED products and electronic toys

The Thanh Hoa Provincial People's Committee has issued Decision No. 1917/QD-UBND to approve the investment policy and the investor for a project to produce and process decorative LED products and electronic toys in the Thai Hoa commune, Trieu Son district. The project involves an investment of over 192 billion VND and will be implemented on a 68,000m2 land area.

The project investor is Shen Thai Hoa Trieu Son Co., Ltd. headquartered in Tho Dan commune, Trieu Son district (Thanh Hoa).

This is one of five projects signed by businesses to collaborate and invest in the Trieu Son district. The collaboration stemmed from a conference held in June 2023organized by the district, which aimed to connect and explore investment opportunities. Within just over a year following the conference, Trieu Son district has attracted three direct investment projects, with a total investment of over 360 billion VND.

For the project of a factory producing, processing, and installing automobile wiring sets in Tho Tien commune, the total investment is 100 billion VND. The LED lighting factory project in Tho Dan commune has a total investment of 70 billion VND, and the factory that produces and processes decorative LED products and electronic toys in Thai Hoa commune has a total investment of more than 192 billion VND. Once these factories are operational, they will generate employment opportunities for thousands of workers in the Trieu Son district and the surrounding area.

VNECONOMY/ TRANSLATOR: NGỌC ÁNH
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