The central province of Quang Ngai has granted a licence to FosterElectric (Da Nang) Co., Ltd, a subsidiary of Japanese-based FosterGroup, to build a factory to manufacture electronic components.
The factory, the first of its kind in Quang Ngai, will be constructedat a cost of 174 billion VND and is designed to have an annual capacityof 480 million products.
It is expected to be put into operation by August this year.
On this occasion, the management board of Quang Ngai industrial zonesalso presented a licence to the Kizuna project invested by Kizuna QuangNgai JSC, to build a complex of workshops, office buildings, and supportfacilities to serve industrial production.
The 29 billion VND project covers almost one hectare.
The two projects are located at the Tinh Phong Industrial Zone in Son Tinh district.-VNA
The factory, the first of its kind in Quang Ngai, will be constructedat a cost of 174 billion VND and is designed to have an annual capacityof 480 million products.
It is expected to be put into operation by August this year.
On this occasion, the management board of Quang Ngai industrial zonesalso presented a licence to the Kizuna project invested by Kizuna QuangNgai JSC, to build a complex of workshops, office buildings, and supportfacilities to serve industrial production.
The 29 billion VND project covers almost one hectare.
The two projects are located at the Tinh Phong Industrial Zone in Son Tinh district.-VNA
