Manufacturing News 01/10/2023, 05:26

Nghe An grants Sunny Group the investment certificate for the 150 million USD project

With the grant of the 150 million USD project investment registration certificate to Sunny Group, Nghe An has now attracted a total of 1.27 billion USD in FDI investment capital, continuing to rank 8/63 provinces and cities nationwide.

Nghe An grants Sunny Group the investment certificate for the 150 million USD project

On the morning of September 20, Nghe An Provincial People's Committee held a ceremony to award the investment registration certificate of the new facility investment project Sunny Automotive optics Vina and witnessed the signing ceremony of cooperation between WHA Group and Sunny Group and suppliers in WHA Industrial Zone 1 - Nghe An.

At the ceremony, Mr. Nguyen Duc Chung, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee awarded the investment certificate of Sunny Automotive Optical Vina New Facility Investment Project to the investor Summit Optical Investment Limited (Hong Kong) of Sunny Group.

The project specializes in manufacturing, processing, assembling camera modules, monitors, smart car lights, smart lighting, projection modules and mold processing, photoelectric assembly and inspection equipment, glass lenses, plastic lenses.

The total project investment is 150 million USD on an area of 42.8 hectares at WHA Industrial Zone 1 - Nghe An (phase 2). The design capacity of the project with the output of car cameras is about 60 million products per year; other products are 5 million products per year; office and factory for rent about 370,000m2. It is expected that by Q4 2025, the project will be completed and officially put into operation, using about 20,000 workers.

It is known that from July 5, 2023, Sunny Group has started researching and surveying investment locations in Nghe An. After 2 months, on September 12, 2023, Sunny Group decided to choose an investment location at WHA Industrial Park and submitted a proposal for project implementation. With the efforts of leaders and authorities of Nghe An province, only 1 week after investors submitted investment proposals, on September 20, 2023, Nghe An province issued an investment registration certificate to Sunny Group.

Speaking at the ceremony, Chairman of the Provincial People's Committee Nguyen Duc Trung emphasized that this event marked an important milestone for Nghe An, raising the total registered FDI capital in Nghe An province in the first 9 months of 2023 to 1.27 billion USD, ranking 8th in the top 63 provinces and cities attracting FDI in Vietnam; accumulated so far, Nghe An province has 130 FDI projects registered for investment, the total registered capital reached nearly 3.85 billion USD.

Sunny Group (Hong Kong) founded in 1984, is a leading manufacturer of integrated optical products and components in the world; mainly design, research and development, production of optical and related optical products. In 2020, the group ranked 259th on Fortune's top 500 businesses list and was the 6th consecutive year it was included in this list.

In Vietnam, Sunny has invested in 4 projects, including Sunny Opotech, Sunny Automotive, Sunny Infrared, Sunny Opotec, specializing in the production of infrared lenses for cars, phone camera modules, surveillance cameras, etc. in industrial parks in Thai Nguyen, Vinh Phuc and Hanoi provinces.


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