Chairman of Provincial People’s Committee receives and works with Johnson Group (Taiwan - China)
(BNP) - On August 12, Mr. Vuong Quoc Tuan, Alternate Member of the Central Committee of the Communist Party of Vietnam, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, received and worked with Mr. Jason Lo, CEO of Johnson Group (Taiwan - China).
Chairman of the Provincial People's Committee Vuong Quoc Tuan (right) discusses with Mr. Jason Lo.
Johnson Group is one of the world's most famous manufacturers of high-quality sports equipment. Currently, the Group has 6 factories in the US, China, Taiwan, Japan and Thuan Thanh II industrial zone (Bac Ninh province). Since 2019, Johnson Group has invested in 1 project in Thuan Thanh II industrial zone with a scale of 10 hectares, total investment capital of USD 50 million, and revenue reaching USD 60 million per year.
Speaking at the reception, Mr. Jason Lo respectfully thanked the leaders of Bac Ninh province over the past years for creating favorable conditions for the Group's operations and development. He briefed on the situation of the Group's production and business activities.
He hoped that Bac Ninh province would support and create conditions for the Group to establish factory no. 2 in Thuan Thanh I industrial zone with an area of about 20 hectares, total investment capital of USD 100 million so that the Group can establish the world's largest base for manufacturing and assembling complete sports equipment here. When establishing the factory, a number of facilities in Taiwan, China and some other countries will move to factory no. 2, thereby, leading to a system of vendors for the Group.
Overview of the reception.
For his part, the Chairman of the Provincial People's Committee briefed on the province's economic development and investment attraction in the first 7 months of 2024. The Chairman said that from the beginning of the year until now, Bac Ninh province has attracted foreign investment reaching USD 3.2 billion, ranking first in the country.
It is expected that on September 7 - 8, Bac Ninh province will hold a Conference to announce the Provincial Planning for the 2021 – 2030 period, vision to 2050 and investment promotion, and start constructing a number of key projects. Chairman Tuan hoped that the Johnson Group’s project would soon complete the procedures to be awarded the Investment Registration Certificate at this important event.
Chairman of the Provincial People’s Committee Vuong Quoc Tuan presents Dong Ho folk painting to Mr. Jason Lo.
Tuan confirmed that Bac Ninh province would make efforts to create the most favorable conditions for Johnson Group and investors to invest and develop in the province. He assigned the Industrial Zones Authority to coordinate with Viglacera Corporation to discuss specific contents in the spirit of creating maximum conditions for the Group. He wished that Johnson Group's products would increasingly assert their market share in the international market.