Bacninh overview Bacninh overview

Chairman Nguyen Tu Quynh works with Hanwha Techwin Company

26/12/2016 08:36 Số lượt xem: 1381

(BNP) – Chairman of the Provincial People’s Committee Nguyen Tu Quynh on December 19th welcomed and worked with Mr. Yang Jin Seol, Executive director of Hanwha Techwin Co., Ltd, who is now searching for investment opportunity in Bac Ninh province.

Chairman Nguyen Tu Quynh takes photo with representatives from Hanwha Techwin Company.

According to Mr. Yang Jin Seol, Hanwha Techwin Company specializes in manufacturing security equipments with 27 global networks. In 2015, the company’s revenue reached nearly USD 600 million.
He expressed his hope to get attention and support from the province to invest a plant  in Que Vo Industrial Zone in the first quarter of 2017  with total investment capital of USD 50 million.  In the first phase 1 (2017 – 2019), the plant will be put into operation and create jobs for about 1500-2000 employees and produce 2 million pieces/year .
Speaking at the meeting, Chairman Nguyen Tu Quynh stressed that thanks to favorable geographical and attractive incentives, Bac Ninh is on top nationwide for FDI attraction with nearly 1000 projects and total registered capital of about USD 12.26 billion. There were 400 projects from large companies such as Samsung,  Orion, Daewoo, Flexcom, Intops, Nano Tech…
He assigned the Provincial Industrial Zones Authority in coordination with Kinh Bac City Development Share Holding Corporation and functional departments and sectors to complete legal procedures for the project to be implemented.