YBP- In evening of October 30th, Mr. Do Duc Duy – President of Yen Bai Provincial People’s Committee chaired working session with representatives of Korean investors on the project of building a factory producing electronic components
Mr. Do Duc Duy worked with Korean investors.
Leaders of Department of Construction, Department of Planning and Investment, Office of the Provincial People's Committee, Tran Yen district and representative of Korean investor Mr. Lee Jae Oh attended the meeting.
The project of electronic components factory will be built by 3 investors including PN TECH Co., Ltd, KUMYOUGENG Co., Ltd and TRUWIN Co., Ltd in the industrial – trade in services - culture and sports complex in IC12 interchange, Noi Bai – Lao Cai highway in Minh Quan, Tran Yen. The project will have a total investment capital of nearly VND 5,000 billion.
In the first phase, the factory will produce electronic components, Cover Glass products and plastic products. When going into operation, the factory will contribute to the local budget about 295 billion VND per year.
At the meeting, the representative of the investor exchanged with the Provincial People's Committee on land use planning, procedures for establishment, the issuance of business licenses, the location of the office in Yen Bai.
Accordingly, the investor will decide to rent 5.6 ha out of a total of more than 9 ha which is currently being implemented ground clearance in Yen Bai.
Speaking at the working session, Mr. Do Duc Duy, Chairman of the provincial People's Committee, assigned the Department of Planning and Investment to check file of investment policy and the establishment of the enterprise ; to help the investor establish business; Support the investor to choose the office location in Yen Bai and provide the necessary information for investors.
Mr. Do Duc Duy also assigned the Department of Construction to coordinate with the investor to make detailed plan. The Chairman of the Provincial People's Committee also asked the investor to coordinate with Tran Yen District People's Committee to directly survey the terrain for the leveling of ground.
Yen Bai province committed to create all conditions and actively coordinate with investors to prepare the steps for implementing the project.
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By Thanh Thuy