The People’s Committee of the northern Hai Phong city on July 5 granted an investment certificate to Japan’s Kyocera Mita Vietnam Technology company to build a factory producing printers and multifunctional photocopiers in the locality.

Construction of the factory is scheduled to start in October this year on an area of 20 hectares in the Vietnam-Singapore Industrial Park (VSIP Hai Phong) with a total investment of over 200 million USD.

Once operational in October, 2012, the factory will have an annual capacity of 150,000 units which will increase to 450,000 in 2016 and generate jobs for 5,000 local workers.

Kyocera Mita is the one of the world’s major manufacturers of computer-connected peripheral devices, including multifunctional printers and photocopiers, said Katsumi Komaguchi, General Director of Kyocera Mita.

VSIP Hai Phong sits on a site of 1,600 hectares in the Dinh Vu-Cat Hai Economic Zone. Over the past six months, Hai Phong city has attracted 11 newly licensed foreign direct investment (FDI) projects worth 39.6 million USD. The province now has 304 valid FDI projects with a total capital of over 4.6 billion USD./.