One of the two projects is a plastics molding plant invested by Tenma Vietnam Co., Ltd. at a totalcost of 56 million USD. It will become operational in the second quarter of 2025.
The other is an electro-mechanical system project invested by Yaskawa Electric Vietnam Co. Ltd.,which has total registered capital of nearly 59 million USD, and will be putinto operation in April 2026.
Quang Ninh province wants to lure at least 3 billion USD in FDI capital intolocal IPs and 55 trillion VND (2.16 billion USD) in domestic capital, whiletargeting wastewater treatment and monitoring systems installed at all of the IPs.
The province urged FDI firms to work towards the target of 3 billion USD in revenue and 850 billionVND in state budget contribution, and job generation for more than 3,000workers.
The conference also helped the QEZA to gain a better insight intotheir difficulties, and better grasp the opportunity to ride the FDI capital wave.