A Republic of Korean- invested company was granted investment license in a ceremony in the northern province of Ha Nam on February 5.

Operating within the Dong Van 1 industrial park, the KMW Vina Co.Ltd covers over 30 hectare of land with initial investment capital of 100 million USD, manufacturing telecommunications, radio engineering and lighting equipment.

The company is expected to produce 220,000 telecommunications and radio engineering devices and 380,0000 LED lighting equipment a year, and help to create jobs for 5,000 workers.

As schedule, the project will officially put into operation by end of 2015.

Ha Nam is home to 125 foreign direct investment (FDI) enterprises from 10 countries and territories. In 2014, the province attracted 35 FDI project with total investment up to 300 million USD.-VNA