Electronic products manufacturing project in Nghe An increases investment capital to 500 million USD

On the afternoon of January 11, the People's Committee of Nghe An province held a ceremony to grant the Investment Registration Certificate for the Project of manufacturing factory for electronic products, network equipment and multimedia audio products to Goertek Vina, belonging to Goertek Group.

Overview of the ceremony to grant the Investment Registration Certificate to Goertek Group. Photo: Pham Bang

Attending the ceremony, on the side of Nghe An province were comrades: Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the National Assembly Delegation, Chairman of the Provincial People's Council; Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee; leaders of departments and branches.

On the investor side, there were Mr. Giang Hong Trai - Senior Vice President of Goertek Group, General Director of Goertek Vina Company; Trinh Thanh Van - Director of External Relations of Goertek Vina Company; Nguyen Thi Bich Lien - General Director of WHA Industrial Zone Nghe An Joint Stock Company.

The project of manufacturing electronic products, vehicles, network equipment and multimedia audio products at WHA Industrial Park of Goertek Group is one of the key projects that Nghe An province has attracted investment.

The project was started on January 21, 2021, just 3 months after being granted the Investment Certificate, demonstrating the investor's determination to implement phase 1 of the project. Up to this point, the project has completed the basic construction part, expected to be completed and put into operation in June 2022, initially creating jobs for about 5,000 workers.

Comrade Nguyen Duc Trung - Chairman of the Provincial People's Committee awarded the Investment Registration Certificate to the investor. Photo: Pham Bang

Leaders of the Provincial Party Committee, Provincial People's Committee, departments and branches congratulated the investor. Photo: Pham Bang

After nearly 1 year of project implementation, Goertek Group decided to adjust the investment capital by 400 million USD to expand production scale, invest in high-tech production lines, bringing the total investment capital of the project to 500 million USD, 5 times higher than the initial capital. The project is expected to create jobs for about 30,000 workers after completion.

Speaking at the ceremony, Mr. Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee emphasized that this is the project with the largest FDI capital up to this point in the province. The decision of Goertek Group to increase the investment capital shows the confidence of investors in the investment environment of Nghe An province.

Nghe An province is determined and makes the greatest effort in attracting investment, constantly innovating and reforming the safe and attractive investment environment to promote the attraction of large projects, forming a positive investment and business environment, and cooperating for mutual development between Nghe An province and strategic investors, including Goertek Group.

Comrade Nguyen Duc Trung - Chairman of the Provincial People's Committee spoke at the ceremony. Photo: Pham Bang

The Chairman of the Provincial People's Committee believes that when the project comes into operation, it will be a driving force, attracting many other investors to pay attention and research investment in Nghe An, contributing to growth, economic restructuring, job creation and stable income for the people. The project will create a premise and promote the potential and advantages of the province and the region for Nghe An to develop quickly and sustainably.

Identifying this as a great trust and expectation of investors for Nghe An, Nghe An province leaders pledged to continue to stand side by side, accompany, and create the most favorable conditions, together with investors to support the implementation of successful projects in the province.

Speaking at the ceremony, Mr. Giang Hong Trai - Senior Vice President of Goertek Group, General Director of Goertek Vina Company thanked the provincial leaders and departments and branches for their attention and creating favorable conditions for the project to be implemented on schedule.

Mr. Giang Hong Trai - Senior Vice President of Goertek Group, General Director of Goertek Vina Company spoke at the ceremony. Photo: Pham Bang

"Based on the good investment environment, with preferential policies and support for investment promotion of Nghe An province, we are particularly impressed with the effectiveness of the province's administrative procedure settlement. Specifically, we have completed the procedures for applying for an Investment Registration Certificate within just 10 working days. This creates confidence for us to continue expanding investment in Nghe An province", Mr. Giang Hong Trai - Senior Vice President of Goertek Group emphasized.

The Senior Vice President of Goertek Group also hopes to continue receiving the attention and support of provincial leaders and departments; creating opportunities for mutual development, mutual benefit, greater contribution to the development of the province, creating more jobs for workers in the province, meeting the expectations of the government and society.

Provincial Party Secretary Thai Thanh Quy and Provincial People's Committee Chairman Nguyen Duc Trung talk with investors. Photo: Pham Bang

Nghe An starts construction of $100 million smart electronic equipment manufacturing factory

(Baonghean.vn) - On the morning of January 21, at WHA Industrial Zone 1 - Nghe An, the groundbreaking ceremony for the factory project to manufacture electronic products, network equipment and multimedia audio products took place.