Manufacturing News 09/11/2023, 15:50

A northern province has just received 2 projects of roughly 400 million USD from China

2 projects of Deli Group and Boway Group have just been approved for investment policy.

A northern province has just received 2 projects of roughly 400 million USD from China

Recently, at the headquarters of Hai Duong Provincial People's Committee, the Standing Vice Chairman of the Provincial People's Committee, Luu Van Ban, chaired the November meeting of the Provincial People's Committee to discuss and comment on the content of reports and reports of departments and branches.

At the meeting, Hai Duong Provincial People's Committee considered and agreed to approve the policy of 2 investment projects in Dai An Expanded Industrial Park (Cam Giang district) and Cong Hoa Industrial Park (Chi Linh city).

According to a report by the Management Board of Hai Duong Industrial Parks, the project of Deli Group Limited Company (China) has a total registered investment of 270 million USD, using about 212,480m2 of land in the expanded Dai An Industrial Park, has a 50-year operating term and is expected to employ about 3,000 employees.

The project goal will be to produce stationery products from paper and plastic; household products from plastic, pools, glues, office equipment, educational equipment, student supplies; office machines such as personal electronic computers, shredders, plastic laminators, barcode scanners, timekeepers, power sockets, etc.

The second project is from a subsidiary of China's BoWay Group, which has a total registered investment of $120 million proposed to be deployed in the Republic Industrial Park. The project proposes to use 200,000m2 of land, produce other electrical equipment, photovoltaic cell panels and solar energy conversion modules, expected to employ more than 1,000 Vietnamese workers.

Standing Vice Chairman of Hai Duong Provincial People's Committee Luu Van Ban unanimously concluded with the report requesting investment policies of the Provincial Management Board of Industrial Parks. Leaders of Hai Duong province assigned the Management Board of the provincial industrial parks to coordinate with departments, branches and localities to create all the best conditions for investors to implement the project, including procedures for land dossiers, site clearance, preparation of electricity and water supply infrastructure for investors, etc.

CAFEF/ TRANSLATOR: NGỌC ÁNH
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