Provincial leader works with TES Company (Taiwan)

26/10/2022 13:42

(BNP) - On October 25, Standing Vice Chairman of the Provincial People's Committee Vuong Quoc Tuan worked with TES Touch Emberdded Solutions (Xiamen) Co., Ltd. Taiwan) on researching investment opportunities in industrial parks in the province.


Participants attend the meeting.

On behalf of the provincial leaders, Tuan briefly introduced the situation of the province’s socio-economic development and investment attraction over the past time. With a favorable geographical position, synchronous and modern infrastructure, Bac Ninh province now has become an economic growth pole of the whole country with many indicators in the top. Until now, Bac Ninh has 16 integrated industrial parks with high occupancy rates, attracting many large projects of 39 countries and territories, investing in 16 industries and fields with a total investment of nearly USD 23 billion. Among which, Taiwan has 55 investment projects with a total capital of about USD 600 million. Some projects of Taiwanese investors in the province such as: Hong Hai Group; Funing Precision Components Company; Fushan Technology Co., Ltd.…

In the past time, Bac Ninh province issued many mechanisms and policies on investment attraction, promoting production and business development of foreign enterprises, Tuan added.

On the other hand, Tuan affirmed that Bac Ninh province always accompanies businesses and create all favorable conditions to welcome foreign businesses in general, and Taiwanese businesses in particular to invest and develop in the province.

For his part, Deputy General Director of TES Company Chen Chien Cheng said that TES is a company specializing in solutions and the supply of high-tech sensors with a large investment scale and a worldwide network. In 2021, the company's revenue reached about USD 230 million with more than 200,000 global customers, distributed mainly in countries such as the US, Germany, China, Japan...

In the coming time, he expressed his hope to receive the attention from Bac Ninh province for TES Company in researching and investing in the first phase of the factory with a total investment of about USD 30 million in the province.

At the meeting, the Standing Vice Chairman and leaders of a number of relevant departments and sectors directly discussed and answered the issues TES cares about related to high-quality human resources in the locality; system of local supply chains for packaging and plastic; preferential policies on taxes, fees, customs...

By P.H