• Four new foreign investors to invest in VSIP Quang Ngai bringing the total FDI in the park to US$733 Million
• 80 scholarships were given out as part of VSIP Quang Ngai continuous effort to bring sustainable social development to the area
Quang Ngai Province, January 09, 2019 – Four foreign companies will be injecting US$321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the companies at the VSIP Quang Ngai Investors’ Gathering and Investment License Presentation event.
Bekaert, a global market and technology leader in steel wire transformation and coatings headquartered in Belgium will set up a US$125 million steel wire and steel cord manufacturing plant to serve its customers worldwide. Hoya Lens, listed on the Tokyo Stock Exchange, will set up a US$138 million eyeglasses lens manufacturing facility. Happy Furniture from Singapore has committed to invest US$48 million in their new production facility while Gesin Viet Nam from Korea will set up a US$10 million mattress manufacturing and processing plant.
These new investments will bring the total amount of FDI in VSIP Quang Ngai to US$733 Million. Upon the completion and operations of all the tenants, the park will create good jobs for over 35,000 workers.