The Taiwanese billionaire has poured nearly 3,000 billion VND into a high-tech project in Hanoi
The project is located in the Hanssip Support Industrial Zone in South Hanoi, with a total investment of 2,930.6 billion Vietnamese dong in the first phase, equivalent to 1.25 billion US dollars.
The backbone route of the South Hanoi supporting industrial park connects from old National Highway 1A to Phap Van – Cau Gie expressway
The Hanoi Industrial and Export Processing Zones Authority has announced the issuance of an investment registration certificate for the ‘Inventec Vietnam Factory’ project, located in Phu Xuyen.
After a period of surveying, research, and investment preparation, the Inventec Corporation (IEC), a company from Taiwan (China), has decided to invest in the construction of the Inventec Vietnam Factory in the South Hanoi Support Industrial Zone (Hanssip) with a total investment of 2,930.625 billion VND in Phase I, equivalent to 125 million USD.
The Inventec Vietnam Factory is focused on manufacturing servers, computer peripherals; producing smartphones, smart wearables, smart dash cameras, wireless headphones, video conferencing support devices; manufacturing graphics cards, wireless credit card machines; producing air purifiers; manufacturing wireless speakers, home security devices, hifi sound systems; electronic circuit boards, and transmitters.
The Inventec Vietnam Factory project has a total designed production capacity of 32 million units per year, equivalent to 20,352 tons per year. The project is located in Plot CN03, Phase I of the South Hanoi Support Industrial Zone, Phu Xuyen district. The estimated land area for the project is 161,647.8 square meters.
The project has a duration of 50 years. It is expected that the factory will commence official production after 36 months from the date of receiving the investment registration certificate.
It is noted that in the subsequent phases, the Inventec Corporation (IEC) will vigorously expand without limitations to establish a research and production innovation hub, sharing technology with the global production chain of the Inventec Corporation (IEC) for Vietnamese businesses to participate in.
The Inventec Corporation (IEC) will increase the utilization of over 50% of components produced by Vietnamese enterprises, thus creating conditions for mutual development with Vietnamese businesses.
The leadership of the Hanoi Industrial and Export Processing Zones Authority recommends that investors, immediately after receiving the investment registration certificate, focus their resources and funding to promptly initiate and complete the necessary procedures, take over the land, and commence the project to ensure compliance with the registered schedule.
It is known that the industrial zones in Hanoi have currently attracted 709 active projects. Among them, there are 302 foreign direct investment (FDI) projects with registered capital of over 6.4 billion USD and 407 domestic investment projects with registered capital of over 19,200 billion VND. In particular, the South Hanoi Support Industrial Zone Phase 1 has already issued investment registration certificates for 3 projects (including 2 FDI projects and 1 domestic project).
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