At the ceremony to hand over licences to foreign investors (Photo: VNA)
Bac Giang (VNA) -﷽ The northern province of Bac Giang on January 18 organised a ceremony to award a licence to a unit of Taiwan’s Foxconn Technology Co Ltd to build a 270 million plant to produce laptops and tablets in the locality.
The plant, to be developed by Fukang Technology, will be located at Quang Chau industrial park, and is expected to produce 8 million products per year.It was among four projects of Singaporean and Hong Kong investors with total capital of nearly 570 million USD receiving investment at the ceremony.
Besides Foxconn, Risesun Investment Pte.Ltd (Singapore) will pour 75 million USD in a plant to produce plastic and composite products and 6 million USD into another factory to manufacture PVC decorative films at Hoa Phu industrial park.
Ja Solar Investment (Hong Kong) Limited invests 210 million USD in a photovoltaic panel manufacturing plant at Quang Chau industrial park.
Addressing the ceremony, Chairman of the provincial People’s Committee Le Anh Duong pledged to provide investors with the best technical infrastructure and services while facilitating administrative procedures for those landing investment in the locality to ensure that they can carry out the projects as soon as possible.
Bac Giang will accompany the investors in building a harmonised relations with labourers, and handling all issues related to social infrastructure for local workers.
He affirmed Bac Giang will organise regular dialogues with enterprises so as to remove bottlenecks for them in a timely manner.
The official took the occasion to ask the investors to carry out their projects in line with schedule, prioritise of high technologies in production, as well as work to balance benefits of their companies and the workers.
♒ The investors should work with local authorities to receive timely support, and fully access preferential investment policies in the province, he added.
General Director of Foxconn in Vietnam Zhuo Xianhong (Photo: VNA)
General Director of Foxconn in Vietnam Zhuo Xianhong, on behalf of the investors, pledged to abide by Vietnamese laws as well as implement the projects in line with registration.
As of December 2020, Foxconn invested 1.5 billion USD in Vietnam, 900 million USD of which was landed in Bac Giang province. The company plans to raise its investment by 700 million USD and recruit 10,000 more local workers this year.
ꦡ Speaking highly of the sound direction of local leaders and competent agencies together with the efficiency of the local administrative reform, Zhuo expected to receive further support from local authorities./.
