Nghe An attracts 115 million USD FDI project to produce smart car components

Thanh Duy DNUM_DAZBBZCACD 13:37

(Baonghean.vn) - The investment policy for the Everwin Precision Technology Factory project (Nghe An) has just been approved by the Standing Committee of Nghe An Provincial Party Committee at a regular meeting on the morning of November 30.

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Panorama of the regular meeting of the Standing Committee of Nghe An Provincial Party Committee. Photo: Thanh Duy

Comrade Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly Delegation chaired the meeting.

Attending the meeting were comrades: Nguyen Van Thong - Standing Deputy Secretary of the Provincial Party Committee; Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Hoang Nghia Hieu - Deputy Secretary of the Provincial Party Committee; representatives of leaders of Central Party Committees, comrades of the Standing Committee of the Provincial Party Committee, leaders of departments and branches.

The Everwin Precision Technology Factory Project (Nghe An) is invested by Everwin Precision Technology Company Limited (Vietnam) in VSIP Nghe An Industrial Park, Hung Tay Commune, Hung Nguyen District on an area of ​​nearly 16.5 hectares, with a total investment capital of 115 million USD (equivalent to 2,806 billion VND), from 100% of the investor's capital contribution.

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Comrade Le Tien Tri - Head of the Southeast Economic Zone Management Board presented the Proposal of the Provincial People's Committee's Party Committee on the investment policy of the Everwin Precision Technology Factory project (Nghe An). Photo: Thanh Duy

Everwin Precision Technology Factory (Nghe An) when completed will have a design capacity of 40 million products/year for the following products: Shells, components, molds and metal parts applied to smart car equipment and new energy cars.

20 million products/year for metal parts of new energy vehicles; 50 million products/year for electric wires, cables, conductors; contact bars and wires; antennas.

30 million products/year of plastic, rubber, and ceramic parts for smart cars and new energy cars and 10 million products/year of consumer electronics, lighting equipment, tools, and other machinery.

In addition, the project also provides consulting services and rental of ready-built and commercial factories.

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Member of the Provincial Party Standing Committee, Vice Chairman of Nghe An Provincial People's Committee Bui Thanh An said: It is expected that Nghe An will attract 1.5 billion USD of FDI capital in 2023. Photo: Thanh Duy

The project will be implemented in 3 phases: Phase 1 is expected to officially operate in January 2027, Phase 2 is expected to officially operate in April 2028, and Phase 3 is expected to officially operate in April 2030.

Previously, Everwin Precision Technology Vietnam Co., Ltd., a member of the Hong Kong Group, invested 200 million USD in VSIP Nghe An Industrial Park to build a factory to produce electronic components, communication equipment and consumer electronics products on a total area of ​​43 hectares. This project started construction in October 2022 and will go into production in the near future.

On the morning of November 30, at the meeting of the Provincial Party Committee Standing Committee, Vice Chairman of Nghe An Provincial People's Committee Bui Thanh An said: With the attraction of an additional 115 million USD, from the beginning of 2023 to now, Nghe An has attracted more than 1.41 billion USD of FDI capital. It is expected that this year, Nghe An province will attract about 1.5 billion USD of FDI capital.

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Nghe An attracts 115 million USD FDI project to produce smart car components
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