Nearly 134 billion VND to build a factory to produce and distribute electrical equipment in Vung Ang Economic Zone

(Baohatinh.vn) - The Electrical Equipment Manufacturing and Distribution Factory Project with a total investment of nearly 134 billion VND is being implemented in Phu Vinh Industrial Park - Hoanh Son Ward (Ha Tinh).

The Management Board of Ha Tinh Economic Zone has just granted an investment registration certificate for the Electrical Equipment Manufacturing and Distribution Factory Project, with Quan Hien Electrical Mechanical Joint Stock Company (Ho Chi Minh City) as the investor.

The project will be implemented in Phu Vinh Industrial Park, Hoanh Son Ward ( Ha Tinh ).

The project is deployed on an area of ^{​​25,000m2} , at lots B11 to B15 (CN6), Phu Vinh Industrial Park, Hoanh Son ward (belonging to Vung Ang Economic Zone, Ha Tinh), with a total investment capital of nearly 134 billion VND (equivalent to 5.09 million USD). Of which, the capital contributed to implement the project is 35.6 billion VND, accounting for 26.6% of the total investment capital.

The project includes the following items: manufacturing industrial electrical cabinets, cable trays, cable ladders, metal equipment covers, wire racks and mechanical accessories, and factory rental activities.

When put into operation, the factory is expected to reach a capacity of 3,000 - 5,000 sets of electrical cabinets/year; cable trays, power supply ladders: 120,000 - 150,000 meters long/year; cabinets, metal equipment shells: 8,000 - 10,000 sets/year; wire racks: 25,000 - 30,000 pieces/year; other auxiliary metal products: about 50,000 - 80,000 products/year; factory for rent, with a rental area of ​​about ^8,640m2 .

According to schedule, the project will be completed and put into operation within 30 months from the date of issuance of the investment certificate (expected in mid-2028).

Investors enjoy incentives according to current regulations, and must fully ensure requirements on construction, environment, labor safety and technology.

The Management Board of Ha Tinh Economic Zone requires investors to properly implement the committed goals, scale and progress; proactively source capital, ensure project quality, contribute to the development of supporting industries and expand production in Phu Vinh Industrial Park in particular and Vung Ang Economic Zone in general.

Source: https://baohatinh.vn/gan-134-ty-dong-xay-dung-nha-may-san-xuat-phan-phoi-thiet-bi-dien-tai-kkt-vung-ang-post297851.html