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Nghe An grants investment licence to 200-mln-USD electronic component project

Ju Teng International Holdings Ltd has been granted an investment certificate for its electronic component and automobile accessories project worth 200 million USD at Hoang Mai Industrial Park in the central province of Nghe An.
Nghe An grants investment licence to 200-mln-USD electronic component project ảnh 1Nghe An's authority granted an investment certificate to Ju Teng International Holdings Ltd at a ceremony held on December 30 . (Photo: nhandan.vn)

Nghe An (VNA) – Ju TengInternational Holdings Ltd has been granted an investment certificate for itselectronic component and automobile accessories project worth 200 million USDat Hoang Mai Industrial Park in the central province of Nghe An.

ꦕ The project is expected to becommenced in March 2022 and come into operation in October 2023.

The plant will manufacture electroniccomponents, plastic products, spare parts and auxiliary parts for automobiles.

Speaking at the handover ceremony, Chairman of the provincial People’s Committee Nguyen Duc Trung said once theproject begins operation, it will create  new momentum for the province's socio-economicdevelopment, contributing to promoting growth, generating jobsand raising incomes for employees and maximising the potentialand advantages of Nghe An province and the region in general.

🐈 Favourable conditions will becreated for the investor in terms of policies and investment environment, he said, addingthat provincial agencies and localities will be asked to coordinate in settling emerging difficulties with the aim of putting the project into operation as soon as possible./.

VNA

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