PPC’s Standing Vice Chairman receives and works with Kine SIC Semi Company (USA)

28/02/2024 15:29

(BNP) - On the morning of February 28, Mr. Vuong Quoc Tuan, Alternate Member of the Party Central Committee, Standing Vice Chairman of the Provincial People's Committee received and worked with Kine SIC Semi Company (USA) led by Mr. Johnny Nguyen , Vice Chairman of the Board of Directors of the Company to explore the investment environment in Bac Ninh province.


PPC’s Standing Vice Chairman Vuong Quoc Tuan (7th from right) presents Dong Ho folk paintings to Kine SIC Semi Company.

Speaking at the meeting, Mr. Johnny Nguyen said that Kine SIC Semi Company was established in 2017 in the US, specializing in manufacturing high-tech chips that can be applied in many fields. In particular, the Company's chip products have good quality with cheaper prices and suitable for the Southeast Asian market.

He hoped that Bac Ninh province would create conditions for the company to explore investment opportunities in building a factory in the province with an initial area of 7,500m2 with a total investment capital of about USD 200 million.

For his address, PPC’s Standing Vice Chairman Vuong Quoc Tuan briefly introduced the province's socio-economic development and investment attraction in recent times. Bac Ninh has 16 concentrated industrial parks with an occupancy rate of over 90%, attracting more than 2,000 projects from countries and territories; among them, there are projects from the USA.

Particularly, Amkor Technology Group - a global pioneer in semiconductor packaging and testing technology, inaugurated its factory in Yen Phong II-C Industrial Park, Bac Ninh province, with a total area of 23 hectares in October 2023. This is an important milestone and a new driving force in the development of high-tech industry in Bac Ninh province in the coming time, thereby attracting large investors around the world.

Mr. Tuan said that in addition to strengthening administrative procedure reform and improving the business investment environment to actively attract investment, Bac Ninh province has also conducted research and issued resolutions on investment support, training, and high-quality human resources in the semiconductor industry.

Tuan is committed to creating the most favorable conditions for the Company to invest in Bac Ninh province. He also assigned the Provincial Industrial Zones Authority to contact and support the Company in the coming time.

By T.L