(BGO)- The provincial People’s Committee of Bac Giang province on May 4 held a meeting to hand over the investment registration certificate (IRC) to 2 investors to implement their projects in Vietnam-Korea industrial park (Viet Yen district) and Yen Lu industrial park (Yen Dung district). The event was attended by Vice Chairman of the provincial People’s Committee Phan The Tuan.
Particularly, the provincial People’s Committee granted IRC to the Singaporean-based investor Hiuv Appied Material Technology Investment Pte. Ltd for the project “Producing and supplying Hiuv applied materials”.
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Vice Chairman of the provincial People's Committee Phan The Tuan hands over investment registration certificate to the companies. |
This project will be implemented in the Vietnam-Korea IP on a land area of over 52,800 square meters. Its objectives are to produce PET self-adhesive protective film, Eav membrane, silicon membrane, film materials, plastic products and materials serving solar energy industry at a scale of 200 million square meters of products per year. The project worth totally 90 million USD aiming to export 100 percent of the products.
After being operational following its 12-month of construction, the project is expected to employ about 300 people with an average income from 8 to 10 million VND (341 to 426 USD) per month and contribute to the State budget approximately 44.5 billion VND (1.89 million USD) per year.
Besides, the provincial leader handed over IRC to the factory project by investor Yonz Technology Singapore Pte. Ltd also headquartering in Singapore.
The project is located in Yen Lu IP, covering 100,000 square meters. It is designed to annually produce some 110,000 tonnes of aluminum frames for the solar battery manufacturing and assembly industry. The project has total investment of 42 million USD aiming to export all of the products.
Expected to be completed within 24 months after receiving the certificate, the project will create about 1,085 jobs with an average income from 8 to 10 million VND (341 to 426 USD) per month and annually contribute to the State budget approximately 187 billion VND (7.97 million USD).
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PPC Vice Chairman Phan The Tuan voices at the meeting. |
Addressing the certificate handover ceremony, Vice Chairman of the provincial People's Committee Phan The Tuan pledged the best conditions possible within the legal framework for investors. The province will direct the related departments, agencies and localities to support and accompany investors to timely implement the projects and come into stable production. Specially, it will prioritize to handle difficulties and obstacles facing enterprises during operating in the province to speed up implementation progress of the projects.
In addition, he requested the investors to adhere to the project implementation progress and the registered contents. Besides, they need to protect environment, apply high technologies in production and pay attention to building business culture.
