Hai Phong: Additional 3 foreign investment projects worth USD91 million certified

Wednesday, 10/05/2023 15:14
On May 9, the Hai Phong Economic Zone Authority presented investment registration certificates to three new FDI projects with a total investment of nearly USD91 million.
The ceremony to award the investment certificates to 3 FDI projects (Photo: congthuong.vn)

They included the Starcharge Energy Equipment Factory Project of investor Starcharge Energy Pte. Ltd. (Singapore). The project has the goal of producing electric vehicle charging stations with a total investment of nearly VND331 billion, equivalent to USD14 million, using 1.4 hectares of land in the Hang Hai Industrial and Service Park. When in operation, the factory is expected to employ about 1,000 workers.

The second is the HW Energy project of HW International Investment Holdings Pte. Ltd., specializing in the production of alkaline batteries and zinc-carbon batteries with a total investment of nearly USD50 million. The project uses 5.5 hectares of land in the Hang Hai Industrial and Service Park, and is expected to employ nearly 500 employees.

The third is the Thinking Electronics Vietnam Project of investor Thinking Electronics Industrial Co., Ltd, aiming to produce electronic components with a total investment of USD27 million. The project will use 4 hectares of land in Nam Cau Kien Industrial Park and is expected to employ nearly 2,000 workers.

Head of the Management Board of Hai Phong Economic Zone Le Trung Kien said that the projects in the fields of electronics and energy granted Investment Registration Certificates are an affirmation that Hai Phong city is always a reliable and attractive destination to domestic and foreign investors.

He also affirmed that Hai Phong City always creates favorable conditions for investors and the success of investors is the success of the city.

Since the beginning of 2023, industrial parks and economic zones in the port city have attracted nearly USD500 million from FDI projects and USD46.5 million from domestic investment projects.

Up to now, Hai Phong industrial parks and economic zones have attracted 477 FDI projects with a total investment capital of nearly USD23.4 billion; and 205 domestic investment projects with a total investment capital of USD12.6 billion./.

Compiled by BTA

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