Another $200 million project breaks ground in VSIP Nghe An Industrial Park

Following the groundbreaking event of the Ju Teng electronic components and auto parts factory investment project invested by EXCEL SMART GLOBAL LIMITED (under Ju Teng International Group, Taiwan), on October 20, Everwin Precision Technology Vietnam Co., Ltd. will start the electronic components project with a total investment of 200 million USD in Nghe An.

Mr. Bui Duy Dong - Director of the Center for Investment, Trade and Tourism Promotion of Nghe An province said that the project is a very good signal for the investment environment in Nghe An, October 20 is the project's groundbreaking date.

VSIP Nghe An Industrial Park. Photo: PV

According to the Investment Certificate, the Electronic Components Project of Everwin Precision Technology Vietnam Co., Ltd. has a total investment of VND 4,635 billion, equivalent to USD 200 million. The total project area is 43 hectares, built in VSIP Nghe An Industrial Park.

The company representative said: The project's designed capacity is 270 million products/year (100% of products are for export). The main products of Everwin Precision Vietnam include: Housings, components and metal parts, cable assembly, plastic parts for smart devices and new energy cars. When put into operation, the project will attract about 15,000 workers, of which about 14,000 are domestic workers and about 1,000 are foreign workers.

The project is expected to operate until June 28, 2065. The project implementation schedule is 24 months from the date of issuance of the Investment Registration Certificate.