Over 20,000 trillion VND to be invested in Quang Nam

Quang Nam has approved 16 investment projects, issued investment registration certificates, and signed location study agreements with a total capital of over 20,000 billion VND.

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Quang Nam Provincial People’s Committee handed over investment approval decisions, registration certificates, and location research agreements to investors.

At the Quang Nam Provincial Planning Conference for the period 2021 – 2030, vision to 2050, and the opening of the National Biodiversity Recovery Year – Quang Nam 2024, held this morning on March 16th, the Quang Nam Provincial People’s Committee handed over investment approval decisions/registration certificates/location research agreements to 16 exemplary projects with a total investment capital of over 20,000 billion VND.

In particular, Quang Nam Province handed over 7 investment registration certificates to 7 projects of the Thaco Truong Hai Group.

Specifically, the THACO INDUSTRIES Mechanical and Refrigeration Plant with a total investment capital of over 400 billion VND; the Production Plant for Automotive Wires, with a total investment capital of over 460 billion VND; the Premium Automotive Glass Production Plant, with a total investment capital of nearly 390 billion VND; the Automotive Body Component Production Plant, with a total investment capital of 800 billion VND; the Automotive Interior Production Plant, with a total investment capital of over 540 billion VND; the Automotive Seat Production Plant, with a total investment capital of 990 billion VND; and the R&D Center of THACO INDUSTRIES, with a total investment capital of over 350 billion VND.

In addition, Quang Nam Province also approved the investment approval decision for the project to expand and upgrade Chu Lai wharf, belonging to the Tam Hiep port area, with a total investment capital of nearly 1,590 billion VND. This project is invested by THILOGI Group.

Furthermore, Quang Nam Province also issued investment registration certificates for the project to produce cleaning equipment, with a total investment capital of 500 billion VND, by Karcher Beteiligungs Company (Federal Republic of Germany); the project to produce ultra-clear glass, with a total investment capital of over 820 billion VND, by Uc Thinh Technical Development Co., Ltd (China); the magnetic project, with a total investment capital of 1,920 billion VND, by Star Group Industrial Co., Ltd (South Korea).

In addition, there is also the project to produce sound equipment, with a total investment capital of 960 billion VND, by Guoguang Electric Co., Ltd (China); the Quang Nam Solid Plastic and Metal Product Plant, with a total investment capital of 24 billion VND, by Kienco PMG LLC (United States); the project to produce electronic game chairs and automotive seats by Arena Technologies, with a total investment capital of 19 billion VND, by Soleseat Technology Private Enterprise.

At the Conference, the Quang Nam Provincial People’s Committee also signed research location agreements for investment project in infrastructure construction in Nam Thang Binh Industrial Park, with a total investment capital of 6,850 billion VND by Bin Corporation Joint Stock Company; and the project to invest and operate infrastructure in the Western section of the expressway through Thang Binh district, with a total investment capital of 3,500 billion VND by WHA Industrial Development Public Company Limited (Thailand).