Groundbreaking ceremony for $200 million electronic components and auto parts factory in Nghe An

Leaders of Nghe An province, Ju Teng Group and partners attended the groundbreaking ceremony. Photo: Thanh Duy

The Ju Teng electronic components and auto parts factory project in Hoang Mai I Industrial Park was granted an Investment Registration Certificate by the Southeast Economic Zone Management Board on December 30, 2021, with an area of ​​over 120 hectares of land. Nearly 9 months after the issuance of the Investment Registration Certificate, Ju Teng International Group completed the procedures in accordance with regulations and organized the groundbreaking ceremony for the project.

This is a project specializing in the production of electronic computer components, computer peripherals and spare parts and accessories for automobiles, with a total investment of 200 million USD in phase I, employing about 6,000 - 9,000 workers and is one of the key projects that Nghe An province is calling for investment.

Speaking at the opening ceremony, Mr. Trinh Lap Duc - Chairman of Ju Teng International Group expressed his deep impression in 2019. That is, after surveying 10 industrial parks nationwide, the Group decided to invest in Hoang Mai I Industrial Park (Nghe An province) because it received an enthusiastic, sincere and thoughtful welcome from the provincial leaders, as well as realizing the potential and advantages of Nghe An.

Mr. Trinh Lap Duc - Chairman of Ju Teng International Group delivered the opening speech at the ceremony. Photo: Thanh Duy

Chairman of Ju Teng International Group committed that the factory will be put into operation in June 2023. The factory will operate on the latest production technology in the past 20 years, becoming a modern casing manufacturing facility in the world. Chairman of Ju Teng International Group also expressed his sincere and deep gratitude to the leaders of Nghe An province, departments, branches, and Hoang Mai town for their attention, support, and help during the past time so that the project can be implemented and started on schedule.

Speaking at the ceremony, Chairman of Nghe An Provincial People's Committee Nguyen Duc Trung emphasized that the groundbreaking of the project by Ju Teng International Group at Hoang Mai I Industrial Park once again demonstrated that the potential, strengths and investment opportunities in Nghe An have great appeal and influence in attracting investment. In particular, the groundbreaking event of the project continues to demonstrate the political determination and the highest efforts of Nghe An province; the presence of Provincial Party Secretary Thai Thanh Quy demonstrated the highest commitment of Nghe An provincial leaders to investors in general and Ju Teng investors in particular.

The Chairman of the People's Committee of Nghe An province said that in recent times, Nghe An province has fulfilled its commitments to investors, promptly resolved difficulties and obstacles in attracting and supporting investment; continuously innovated and substantially reformed the safe and attractive investment environment to promote the implementation of large projects, continued to attract projects in the supply chain to form a positive investment and business environment, and cooperated for mutual development between Nghe An province and strategic investors, including Ju Teng investor.

Chairman of the Provincial People's Committee Nguyen Duc Trung spoke at the ceremony. Photo: Thanh Duy

Nghe An Province respectfully acknowledges and highly appreciates Ju Teng International Group and Mr. Trinh Lap Duc - Chairman of the Group for implementing the project in accordance with the commitment; having special affection for choosing Nghe An province in general and Hoang Mai town in particular as investment destinations and introducing more suppliers and partners to Nghe An province.

The Chairman of the Provincial People's Committee expressed his belief that when the Ju Teng project and its supporting projects come into operation, an effective supply chain will be formed, creating a turning point for businesses in Nghe An to have the opportunity to participate in building a closed supply chain and participating in the global value chain.

Leaders of departments, agencies and branches of the province and Hoang Mai town attended the groundbreaking ceremony. Photo: Pham Bang

Through that, it will contribute significantly to improving and enhancing the quality of the investment and business environment; solving employment and ensuring social security of Nghe An province for the following years. This is a sure step, contributing to the economic restructuring, promoting the full potential and advantages of Nghe An province, creating the premise and motivation for the province to achieve the goal of rapid and sustainable development.

In the coming time, Chairman of the Provincial People's Committee Nguyen Duc Trung requested Hoang Thinh Dat Joint Stock Company to focus on completing the synchronous technical infrastructure, enhancing the landscape; enhancing the image of the investment environment of Nghe An province with the aim of attracting investors in high-tech production and large-scale supporting industries. Hop Luc Construction Joint Stock Company organizes the construction of the project to ensure quality, meet the required progress, and complete the project to put it into operation in June 2023 as committed by the investor.

Leaders of Nghe An province, Ju Teng Group and delegates performed the groundbreaking ceremony of the project. Photo: Thanh Duy

Identifying Ju Teng International Group and suppliers as strategic investors, the head of the provincial People's Committee affirmed that in the coming time, Nghe An province is committed to continuing to stand side by side, accompany and create the most favorable conditions in terms of policies, investment and business environment and related procedures during the process of project deployment, construction and implementation.

At the same time, the Chairman of the Provincial People's Committee requested that relevant departments, branches and functional units proactively coordinate, promptly support, resolve difficulties, problems, recommendations and proposals of the Investor during the implementation and operation of the project in Nghe An province; Assign the People's Committee of Hoang Mai town to ensure security and order and related issues during the implementation and operation of the project safely and smoothly.

Chairman of Hoang Mai Town People's Committee Nguyen Huu An spoke at the ceremony. Photo: Thanh Duy

Mr. Le Anh Hung - Chairman of the Board of Directors of Hop Luc Construction Joint Stock Company spoke at the ceremony. Photo: Thanh Duy

Chairman of Hoang Mai Town People's Committee Nguyen Huu An said that this is a project that is in line with the town's investment attraction orientation, expected to increase the value of industrial production, create more jobs, increase income, and shift the town's economic structure. At the same time, he pledged that the town will continue to accompany and support investors in resolving arising problems and ensuring security for the project to be implemented effectively.

On behalf of the general contractor, Mr. Le Anh Hung - Chairman of the Board of Directors of Hop Luc Construction Joint Stock Company affirmed that with more than 850 engineers, more than 8,000 skilled workers, together with experience and capacity, the project will be completed on schedule, ensuring technical requirements and quality, handing over the project to the investor to put into operation in accordance with legal regulations.

Perspective of Ju Teng Electronic Components and Auto Parts Factory of Ju Teng Electronic Technology Vietnam Co., Ltd. starting construction at Hoang Mai 1 Industrial Park, Hoang Mai Town, Nghe An. Photo: Pham Bang