The Republic of Korea’s Seoul Electronics &Telecom Co., Ltd. has pledged 10 million USD to Phu Ly city’s Chau Son Industrial Park in the Red River Delta province of Ha Nam.
An agreement to this effect was signed between the company and the park’s management board on January 22, becoming the first foreign invested project in the province in 2014.
Under the document, a plant to produce AC adapters for electronic and telecom devices will be built on an area stretching 3 ha.
The company is expected to receive the investment license prior to the Tet (Lunar New Year) festival so that it can start the plant’s construction after the holiday.
Chairman of the Ha Nam People’s Committee Mai Tien Dung said the Chau Son park will welcome RoK investors and the province will create the best possible conditions for them.
To date, 42 RoK investors are operating in Ha Nam province.-VNA
An agreement to this effect was signed between the company and the park’s management board on January 22, becoming the first foreign invested project in the province in 2014.
Under the document, a plant to produce AC adapters for electronic and telecom devices will be built on an area stretching 3 ha.
The company is expected to receive the investment license prior to the Tet (Lunar New Year) festival so that it can start the plant’s construction after the holiday.
Chairman of the Ha Nam People’s Committee Mai Tien Dung said the Chau Son park will welcome RoK investors and the province will create the best possible conditions for them.
To date, 42 RoK investors are operating in Ha Nam province.-VNA
