Hoa Loi Group invests in two large projects requiring about 24,000 workers in Nghe An

Attending the signing ceremony on behalf of Nghe An province were Mr. Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee, leaders of departments, branches, the Management Board of the Southeast Economic Zone, the Center for Investment Promotion, Trade and Tourism of Nghe An.

On the investors' side, there are: Mr. Tang Huy Vinh - Deputy General Director of Hoa Loi Group; Mr. Hoang Van Duong - Chairman of the Board of Directors, General Director of the Group.Hoang ThinhDat; Ms. Nguyen Thi Bich Lien - General Director of the Joint Stock CompanyWHA Industrial ZoneNghe An

The investor is HuaLi Group (Taiwan, China) which will invest in two major projects in two industrial parks of Nghe An.

Mr. Le Ngoc Hoa - Vice Chairman of Nghe An Provincial People's Committee spoke and highly appreciated the role of investors. Photo: Quang An

The first project produces footwear for export (excluding tanning), with an output of 25 million pairs of products/year. Location: Hoang Mai 1 Industrial Park, Hoang Mai Town, Nghe An,Southeast Economic Zone. Usable area 14.35ha, total investment capital 75 million USD. The project will start construction in June 2022 and be completed and put into operation in March 2023, employing about 16,000 workers.

Mr. Tang Huy Vinh - Deputy General Director of Hoa Loi Group spoke at the signing ceremony. Photo: Quang An

Project 2 produces footwear for export (excluding tanning), investment scale: Output of 13 million pairs of products/year; Implementation location: WHA Industrial Zone 1 - Nghe An, Nghi Loc district, Nghe An province, in the Southeast Economic Zone. This project uses a land area of ​​7.3 hectares, with a total investment of 38 million USD. Implementation progress: Expected to start construction in August 2022 and be completed and put into operation in June 2023. The project is expected to employ about 8,000 people.

Speaking at the signing ceremony, Mr. Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee welcomed and highly appreciated the strategic vision of Hoa Loi Group in expanding investment projects, especially investing in two large projects in Nghe An.

Nghe An Provincial People's Committee signed an investment agreement with Hoa Loi Group and infrastructure investors. Photo: Quang An.

He also informed about the investment attraction situation in Nghe An, in which Nghe An has just signed an investment certificate for JuTeng Group.Hoang Mai 1 Industrial ParkThe project is expected to start construction next May. The WHA Industrial Park has also attracted many projects such as Goertek Vina with a total investment of 500 million USD. He affirmed that projects such as Hoa Loi Group are the best environment to stimulate other projects to continue investing in Nghe An. The Provincial People's Committee assigned the localities and sectors to continue to perform the best tasks so that the factories can soon come into operation. The Management Board of the Southeast Economic Zone and the sectors will soon complete the procedures for investors to start the project.

In response, the investor from Taiwan also said that he will try his best to complete investment procedures so that the projects can soon come into operation and continue to invest in other projects in Nghe An.

Perspective of Hoang Mai Industrial Park 1. Photo: PV

Provincial leaders presented flowers to congratulate leaders of Hoa Loi Group, Hoang Thinh Dat Group and WHA Nghe An Company. Photo: Quang An

Hoang Mai 1 Industrial Park is ready to serve investors. Photo: Tran Chau

Hoang Thinh Dat Corporation (Hoang Thinh Dat Corp) was established on March 5, 2004, headquartered in Phu Thuong Ward, Tay Ho District, Hanoi City. Up to now, the Company's charter capital is 638 billion VND, total assets reach over 1,000 billion VND.

As a multi-sector investor in the fields of industrial park infrastructure, high-tech agriculture, water plant projects and other consulting activities, the Company is currently investing in projects in the following provinces: Yen Binh Industrial Park Complex Project (Thai Nguyen); Hoang Mai I Industrial Park Project, Hoang Mai II Industrial Park Project, Hoang Mai Water Plant (Nghe An); Dung Quat Industrial Urban Area, Quang Ngai Water Plant (Quang Ngai)... and a number of other urban and social infrastructure projects.

WHA is a Thai investor currently managing WHA Industrial Zone 1 - Nghe An, providing comprehensive and timely industrial park solutions for businesses recovering from the pandemic as well as newly established businesses in the manufacturing and processing sector. With experience in building and implementing professional solutions, understanding business investment trends, WHA optimally supports businesses investing in Vietnam in terms of logistics and factories, helping businesses operate with peace of mind.

Hoa Loi Group is a large FDI group from Taiwan specializing in footwear production for export. It has invested in a number of large projects in Vietnam. The group currently has many investment projects in Vietnam, of which Thanh Hoa currently has 7 factories. The group plans to invest in 4 factories in Nghe An, of which 2 factories will sign investment agreements today.