HCMC – The northern mountainous province of Phu Tho on November 3 presented Vietnam Sunergy Joint Stock Company (VSUN) an investment certificate for a solar panel manufacturing project.

The project, covering 13 hectares in the Cam Khe Industrial Zone, will require US$200 million and employ up to 700 local workers.

Bui Van Quang, chairman of the Phu Tho Province People’s Committee, said the provincial government would create favorable conditions for investors.

Ryu Junsei, chairman of VSUN, said the firm would use cutting-edge technology for the project.

VSUN, a subsidiary of Japanese-based Fuji Solar, has been operating as a solar module solution provider in Vietnam since 2015. The business’s manufacturing base is located in the northern province of Bac Giang.