Bac Ninh province has good infrastructure, meeting "special" conditions and administrative procedures reduced by 1/3 of the time. Besides, Bac Ninh has the best infrastructure in Southeast Asia.
Mr. Vuong Quoc Tuan, Vice Chairman of the People's Committee of Bac Ninh Province, shared that the locality has met the "special" conditions of Amkor Corporation. Firstly, Bac Ninh has a favorable location, being close to airports and seaports, with an attractive investment environment. The infrastructure of Bac Ninh province is particularly convenient. Bac Ninh people have a tradition of diligence, intelligence, and creativity.
Mr. Tuan believes that an important reason for Amkor Corporation to choose to invest in Bac Ninh is that the province has a favorable electronic industry ecosystem for semiconductor production. During the process of studying the investment environment of Amkor Corporation, Bac Ninh province conducted negotiations all the time with the corporation, even during the outbreak of the COVID-19 pandemic.
According to Mr. Tuan, Bac Ninh province has fulfilled the "special" infrastructure requirements for Amkor Corporation to immediately implement the project, such as providing a dual power system, a clean water system with a capacity of 18,000 m3 per day, nitrogen gas to ensure production operations, and environmental treatment conditions.
During the project implementation, Bac Ninh province created favorable conditions to support Amkor Corporation in working with Central ministries and branches with administrative procedures reduced by 1/3 in terms of time.
Mr. Tuan emphasizes that the operation of Amkor Corporation's factory in Bac Ninh for production, assembly, and testing of semiconductor materials and equipment is an important milestone for Bac Ninh province to officially appear on the world map of semiconductor component manufacturing.
The high-tech semiconductor factory in Bac Ninh is the largest factory of Amkor worldwide. In November 2021, the People's Committee of Bac Ninh province, in collaboration with Amkor Technology Inc., organized a signing ceremony for the development agreement of the semiconductor material production, assembly, and testing factory.
During the ceremony, Mrs. Nguyen Huong Giang, Chairwoman of the People's Committee of Bac Ninh province and Mr. JONGRIP JI, Chairman of Amkor, signed the agreement to develop the project for semiconductor material production, assembly, and testing at Yen Phong II-C Industrial Park, with a total investment of 1.6 billion USD (until 2035) and covering an area of approximately 23 hectares.