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Approval of investment policy for production and business area project worth over 190 billion VND in Ninh Giang

Việt NamViệt Nam27/04/2024

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Document approving investment policy of Hai Duong Provincial People's Committee

The project is invested by Viet Precision Metal Company Limited (in Zone 7, Tan Binh Ward, Hai Duong City); using 36,204 m2 of land, with a total investment of over 190 billion VND.

The project's objective is to manufacture and trade precision springs, stamping parts and mechanical products, machinery serving the electrical, electronic, automation and mechanical industries, stationery, automobiles, motorbikes, off-road vehicles, kitchen cabinet accessories and measuring equipment to serve market needs.

It is expected that after coming into operation, each year the project will produce over 86.7 million precision spring products, stamping parts and mechanical and machinery products: 86,785,200 products/year; trade 1,200 kitchen cabinet accessories.

The project has a 50-year operation period from the date of investment policy approval.

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