Groundbreaking ceremony for $200 million electronic components manufacturing project in Nghe An

Leaders of Nghe An province, Everwin Group, VSIP Nghe An attended the groundbreaking ceremony. Photo: Pham Bang

The Everwin Precision Vietnam Technology Co., Ltd. project in VSIP Nghe An Industrial Park was granted an Investment Registration Certificate by the Southeast Economic Zone Management Board on January 6, 2021, with an area of ​​over 43 hectares. This is a project specializing in the production of electronic components, communication equipment and consumer electronics products, with an estimated total investment of about 400 million USD, of which phase I is 200 million USD, with a designed capacity of 270 million products/year.

It is expected that by September 2023, the project will be operational and employ about 8,000 workers by 2025, of which about 2,000 workers will start recruiting and employing in 2023; in particular, the project will have accommodation for about 12,400 experts and workers with full facilities.

Mr. Wong Mannon Man - Director of Everwin Precision Technology Vietnam Co., Ltd. spoke at the ceremony. Photo: Pham Bang

Mr. Wong Mannon Man - Director of Everwin Precision Technology Vietnam Co., Ltd. expressed his thanks for the attention and active and enthusiastic support of the provincial leaders, departments, branches and sectors so that Everwin Precision Hong Kong Company Limited could soon deploy the project in VSIP Nghe An Industrial Park and committed to deploying the project on schedule, contributing positively to the overall development of Nghe An province.

Speaking at the groundbreaking ceremony, Chairman of the Provincial People's Committee Nguyen Duc Trung assessed that the project was implemented with legal procedures in the context of the complicated and unpredictable developments of the Covid-19 pandemic. However, the investor has made efforts to overcome difficulties, overcome the pandemic wave, and complete procedures in accordance with regulations to organize the groundbreaking ceremony for the project today.

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

"That once again affirms the trust, efforts and determination of Everwin Precision Hong Kong Company Limited when investing in Nghe An. Nghe An province respectfully acknowledges and highly appreciates investors who have chosen Nghe An as an investment destination," said comrade Nguyen Duc Trung.

The Chairman of the Provincial People's Committee hopes and believes that when Phase I of the project comes into operation, it will create momentum for Everwin Precision Hong Kong Company Limited to continue expanding and investing in the next phase of the project, as well as attracting many other investors interested in and investing in Nghe An province. Thereby, bringing practical and effective benefits to the investors themselves, contributing to promoting the development of industrial production, effectively shifting the economic structure, contributing to creating important conditions and motivation for Nghe An province to develop rapidly and sustainably.

Leaders of departments, branches and sectors attended the groundbreaking ceremony. Photo: Pham Bang

The head of the provincial People's Committee also acknowledged and congratulated the results and requested VSIP Nghe An Company Limited to continue supporting Everwin Precision Hong Kong Company Limited and related projects during the project implementation process. Focus on investing in the synchronous construction of both industrial park and urban infrastructure, aiming to build a clean industrial park with advanced production technology, typical in the whole country.

At the same time, the main contractor, VKC Group Joint Stock Company, and subcontractors are requested to enhance their sense of responsibility, maximize their capacity and experience to focus resources on project construction to meet requirements on quality, aesthetics and on schedule, and complete the project to put it into operation in September 2023.

Leaders of Nghe An province, Everwin Group, VSIP Nghe An, Hung Nguyen district performed the groundbreaking ceremony of the project. Photo: Pham Bang

Identifying Everwin Precision Hong Kong Company Limited and other electronics and technology manufacturing corporations in the global supply chain that have invested in the province as strategic investors, Nghe An province is committed to continuing to stand side by side, accompany and create the most favorable conditions in terms of mechanisms, policies and safe, convenient and reliable investment and business environment for investors.

Focus on directing relevant departments, branches, localities and units to regularly pay attention to and grasp the investment progress and production and business activities of the project; coordinate and promptly support the resolution of difficulties, problems, recommendations and proposals of investors so that the project can be put into operation on schedule and achieve the expected results.

Leaders of Nghe An province, Everwin Group, VSIP Nghe An, Hung Nguyen district take souvenir photos. Photo: Pham Bang

Chairman of the Provincial People's Committee Nguyen Duc Trung also requested the investor to proactively propose and closely coordinate with the Management Board of the Southeast Economic Zone, VSIP Nghe An Company Limited, Hung Nguyen District People's Committee and related sectors to implement the project in accordance with regulations, ensuring quality, progress, labor safety and environmental sanitation.

At the ceremony, Mr. Teng Wei Hong - General Director of VSIP Nghe An Co., Ltd. sent his congratulations to Everwin Precision Vietnam and said that this is Everwin's first project outside the production center in China. From there, it helps VSIP Nghe An create a breakthrough to attract more than 750 million USD of FDI capital in Nghe An province and the target of 1 billion USD in the near future.

Mr. Teng Wei Hong - General Director of VSIP Nghe An Co., Ltd. spoke at the ceremony. Photo: Pham Bang

The General Director of VSIP Nghe An Co., Ltd. also believes in the investment environment of Nghe An province through policy reforms and investment support approaches of the provincial leaders and sectors. Everwin and VSIP Nghe An share the same vision with Nghe An province in the goal of industrialization, high-tech transfer and socio-economic development.