IDICO handed over Investment Registration Certificate for FDI projects in Thai Binh
On the morning of 08/12/2023, at Cau Nghin Industrial Park in Thai Binh province, IDICO conducted the handover ceremony of Investment Registration Certificates for projects with a total investment capital of more than VND 686 billion.
At the ceremony, Mr. Han Hoai Duc - Deputy Management Board of Cau Nghin Industrial Park, representing IDICO, handed over Investment Registration Certificates for the projects: XINGYU Vietnam Pump Factory, WEISHENG Vietnam Industrial Tool Factory and J&W Vietnam Mechanical Tools Factory. Investment projects specializing in manufacturing and processing pumps (terrestrial pumps, submersible pumps, mobile pumps); agricultural tools and mechanical tools (air compressors, portable power tools, electric charging equipment, garden tools...)
XINGYU Vietnam Pump Plant is a project with a total investment of more than VND 163 billion, on a land area of 18.036m2, with a designed capacity of 400.000 machines / year.
WEISHENG Vietnam Industrial Tool Factory is a project with a total investment of nearly VND 219 billion, on a land area of 26.487m2, with a designed capacity of 40.500.000 products / year.
J&W Vietnam Mechanical Tools Factory is a project with a total investment of more than 303 billion VND, on a land area of 37.103m2, with a designed capacity of 250.000 air compressors / year, 300.000 portable power tools / year, 700.000 charging devices / year, 70.000 garden tools / year.
With a total investment of more than VND 686 billion on a total area of 8,2ha; The projects promise to contribute to promoting the growth of public-agricultural production, import and export turnover, increase budget revenue, and are expected to create jobs for people in Thai Binh province.
Cau Nghin Industrial Park is invested by IDICO with an area of 184,07ha in An Thanh commune, Quynh Phu district, Thai Binh province, of which the industrial land area for lease is 118,10ha. Cau Nghin Industrial Park has attracted 10 investors, expected to significantly contribute to the socio-economic development of Thai Binh province. IDICO is always committed to providing synchronous and high-quality industrial park infrastructure in the direction of ESG sustainable development, in order to meet strict investment requirements from foreign investors.
IDICO
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