Standing Committee of Nghe An Provincial Party Committee received and worked with the Board of Directors of Goertek Vina Company

Overview of the working session between the Standing Committee of Nghe An Provincial Party Committee and the Board of Directors of Goertek Vina Company. Photo: Thanh Duy

Currently, Goertek Group is one of the largest investors in Nghe An with a total capital of up to 500 million USD. The Group is implementing phase 1 of the project of a factory manufacturing electronic products, network equipment and multimedia audio products at WHA Industrial Zone 1 - Nghe An in Nghi Loc district, under the management of the Southeast Economic Zone.

Construction started in January 2021. As of June 2022, the project's implementation progress in phase 1 has been 98% completed. It is expected to create jobs for about 5,000 workers when put into operation.

Nghe An Provincial Party Secretary Thai Thanh Quy and General Director of Goertek Vina Yoshinaga Kazuyoshi exchanged at the meeting. Photo: Thanh Duy

At the meeting, General Director of Goertek Vina Yoshinaga Kazuyoshi - (a company under Goertek Group) said that he had inspected the project in Nghe An, thereby showing that the progress is currently being ensured, and is expected to be put into production in early 2023.

To achieve that result, Mr. Yoshinaga highly appreciated and thanked the collective leadership of Nghe An province and departments, branches and sectors, including the Southeast Economic Zone Management Board, for their utmost support to the Group during the investment process in Nghe An.

Appreciating the investment environment in Vietnam in general and Nghe An in particular, the General Director of Goertek Vina Company said that in the past year, despite the impact of the Covid-19 epidemic, the Group's revenue in Vietnam still increased by more than 20%, reaching 3.3 billion USD and being one of the 10 largest exporting enterprises in Vietnam.

With a development orientation in the next 5 years, Goertek Group has decided to choose Vietnam to “pour” investment capital into becoming the largest production “base” abroad, in which Nghe An is one of the important locations chosen to expand production. Accordingly, when all investment projects in the province are completed and put into production, jobs will be created for about 30,000 workers.

Provincial Party Secretary Thai Thanh Quy presents a souvenir to General Director of Goertek Vina Company Yoshinaga Kazuyoshi. Photo: Thanh Duy

Speaking at the meeting, on behalf of the provincial leaders, Nghe An Provincial Party Secretary Thai Thanh Quy expressed his pleasure to receive and work with the leaders of Goertek Vina Company.

Appreciating the scale and strength of the Group in science and technology, the head of Nghe An Provincial Party Committee emphasized that this is also one of the fields that Nghe An prioritizes to call for investment; at the same time, it is consistent with the development perspective of the province, in which promoting the application of science and technology, being environmentally friendly, and promoting the strengths of the province.

Sharing the objective difficulties caused by the impact of the Covid-19 pandemic in 2020 and 2021, right at the time when the Group decided to research and invest in Nghe An, but up to now the project implementation progress is still guaranteed, thereby the head of Nghe An Provincial Party Committee highly appreciated and expressed appreciation for the Group's efforts and determination to invest in Nghe An. This also demonstrates Goertek Group's trust in the province's investment environment.

Nghe An is located in the center of North Central Vietnam, conveniently connecting the North-South and East-West axes, has the largest area in the country and a working-age population of about 2 million people, and focuses on training labor skills.

Services serving the development process such as: financial system, banking, trade, resort tourism products, health care... have been and are being attracted investment by the province.

Provincial leaders and Goertek Vina Company's Board of Directors took a souvenir photo. Photo: Thanh Duy

In addition, the North-South Expressway section through Nghe An is expected to be completed by the end of 2023 and early 2024; the deep-water seaport is expected to start construction by the end of this year; Vinh International Airport will continue to be expanded and upgraded, with an additional runway and is expected to open international flights. Along with that, the province is focusing on promoting administrative reform to implement related procedures as quickly as possible for investors.

Outlining the characteristics, situation, orientation and emphasizing the determination to develop and create the most favorable conditions for investors in the province, Nghe An Provincial Party Secretary Thai Thanh Quy hoped that when phase 1 of the project is completed and put into operation, Goertek Group will continue to invest in phase 2, as well as call on businesses in the Group's ecosystem and partners to invest in Nghe An; thereby building Nghe An into a key area to expand production to concretize the Group's overall strategy of building Vietnam into the largest manufacturing center abroad.

General Director of Goertek Vina Yoshinaga Kazuyoshi presents souvenirs to Nghe An province. Photo: Thanh Duy

Wishing Goertek Group in general and Goertek Vina Company in particular to develop more and more, Provincial Party Secretary Thai Thanh Quy affirmed that Nghe An commits to continue to stand side by side and accompany to resolve procedures as soon as possible for production and product consumption, not only now but also in the future, not only with Goertek Group but also with the Group's partners and customers.