The world's largest toy manufacturing group wants to invest in Nghe An

Specifically, Zuru Group plans to invest in a project to produce high-tech smart prefabricated housing materials according to 4.0 technology standards with an expected total investment of about 400 million USD.

According to Mr. Bui Duy Dong - DirectorNghe An Center for Investment, Trade and Tourism Promotion(NAPC) based on the criteria set by the investor, the center introduced details, information and field images of two locations: a 40-hectare land plot in the Dong Hoi deep-water port and logistics planning area (Hoang Mai town) and a 100-hectare land plot in Hoang Mai II Industrial Park in Quynh Thang commune, Quynh Luu district.

The area where the factory is planned to be built. Photo: PV

Next, based on the local introduction, the investor representative learned about the investment environment, current status of land and infrastructure of port locations compared to the planned investment location...

NAPC representatives responded and clarified the details that investors were interested in regarding the current status of the two locations and the province's investment attraction policies; at the same time, they hoped that as soon as the Covid-19 epidemic in Vietnam is controlled, they will welcome representatives of the Group to Vietnam andNghe An.

On the investor side, Zuru Group expressed satisfaction with the information provided by Nghe An province and wished to consider this investment project seriously because Nghe An is a locality with great potential.

It is known that after 15 years of establishment and development, Zuru Group (New Zealand) is currently the 13th largest toy manufacturing group in the world with 26 representative offices in countries, revenue in 2020 reached nearly 1 billion USD. This is a Group with the strength of investing and manufacturing equipment for house construction and household appliances with modern construction equipment, software, automation...

From 2020 to now, despite the impact of the Covid-19 pandemic, the number of new projects is not much, but the number of projects expanding and adjusting to increase capital scale in Nghe An has increased rapidly. In addition to attracting FDI investment projects with a capital of 200 million USD from Ju Teng Group (Taiwan) and building an electronic components factory in Hoang Mai Industrial Park 1, in the first 9 months of 2021, Nghe An province has newly granted 77 projects, adjusted 95 projects with a total newly granted and increased capital of 13,789.76 billion VND, compared to the same period in 2020, the number of projects increased by 19%, the total investment increased by 3.33 times.

PV