Le Thanh Cung, chairman of provincial People’s Committee yesterday granted investment licenses to 17 domestic and foreign projects. In the current difficult context, these projects show that Binh Duong’s investment attraction has still reached positive results.
New investment projects
Binh Duong’s investment attraction in Q3 2012 has further gained positive results with many new projects and extra-ones granted investment licenses.
Particularly, the US$30mln-beer producing factory of the International Beer Co.Ltd under Austalis Mining Corp.Limited in the VSIP II A is capable of generating 50mln liters of beer per year for domestic and foreign markets.
Le Thanh Cung, chairman of provincial People’s Committee
granting investment certificates to enterprises
Meiwa Vietnam Co.Ltd.’s US$6mln factory was also granted investment license in the My Phuoc 3 Industrial Park with capacity of 120,000 plug chip sets per year, 40,000 machine tools installed per year; 8,000 industrial robot installation per year, 800,000 car components installed per year, 250 sets automation devices and components in medical sector per year …
The My Phuoc 3 Industrial Park also absorbed the US$2.4mln factory of Koei Toda Industries Co.Ltd. with capacity of 1,185,408 WPC products and 233,695 plastic pallets. Masahiro Oishi, representative of Koei Toda Industries Co.Ltd. said: “We decided to select Binh Duong for investment because of its synchronous infrastructure…”.
Noticeably, Japanese supermarket operator Aeon Co Ltd received a license for its second shopping centre in Viet Nam in the southern province of Binh Duong. To be built at a cost of $95 million, the Aeon Shopping Centre – Binh Duong Canary will open in Thuan An town in 2014.
Increasing investment capital
Provincial leaders, on August 14, also granted 12 certificates of increasing investment capital to many enterprises.
The Japanese-funded Wonderful Sai Gon Electrics Co.Ltd. in VSIP 1 increased its investment capital by US$150mln to expand production; Glatz Vietnam Co.Ltd. in VSIP 2 by US$11mln; Kirin Vietnam Beverage Co.Ltd. in My Phuoc 2 by US$15.8mln…Noticeably, the Japanese-funded Sai Gon Stec Co.Ltd. raised its investment capital to US$175mln for production expansion in VSIP II.
Mitsuhiro Mori, chairman of the Japanese Business Association in HCM city has spoken highly of Binh Duong’s attention to businesses. He added that Binh Duong’s great efforts in infrastructure investment plus manpower attraction policies…will be important elements to promote investment attraction.
Reported by Trong Minh-Translated by K.T
