Apple partner Microsoft wants to invest in a $1 billion high-tech complex in Hai Phong
In a recent report to the Prime Minister of the Ministry of Planning and Investment, Pegatron – a Taiwanese (China) enterprise, one of the top 5 manufacturers in the world in the field of manufacturing electronic components and products, partners of Microsoft, Apple or Sony plan to invest in Vietnam.
Pegatron has just planned to invest $ 1 billion in an industrial complex that produces high-tech products
The Taiwanese investor is expected to invest USD 1 billion in an industrial complex of manufacturing high-tech products, including 3 projects. In which, Pegatron Vietnam 1 with a total investment capital of 19 million USD was granted investment certificate by Hai Phong Economic Zone Authority on 17/3. Pegatron Vietnam 2 is expected to have a total investment of 481 million USD, is in the stage of implementing investment procedures. Finally, Pegatron Vietnam 3 will have a total investment of 500 million USD, expected to be implemented in the period of 2026-2027.
Petragon also intends to move a research and development (R&D) center from China to Vietnam at an appropriate time. It is expected that the time of relocation will coincide with the implementation time of the Petragon Vietnam project 3.
The report of the Ministry of Planning and Investment also said that Pegatron is applying at the Hai Phong Economic Zone Authority to propose a project of Pegatron 2 in Nam Dinh Vu Industrial Park – Cat Hai to manufacture equipment such as civil electronics, computers and computer peripherals, communication equipment, electronic components and circuit boards. The project is expected to create about 22,500 direct jobs and contribute to the budget revenue of about 100 billion VND per year. Project products will be supplied to Microsoft, Sony, Lenovo and Apple.
The Ministry has sent a written comment on the project dossier to the Hai Phong Economic Zone Authority to guide the Taiwanese investor to complete the application, review the order and procedures for the issuance of the Investment Registration Certificate according to regulations.
In addition, the Ministry of Planning and Investment is also coordinating with the infrastructure developer of Nam Dinh Vu Industrial Park (Zone 2) to lobby another Taiwanese enterprise, Universal Global Technology, a member of the Public Group. ASE Holding technology, investing in manufacturing and assembling electronic circuit boards for watches, phones, and headsets to supply to Lenovo, Sony. Total estimated investment capital for the first phase of the project is 200 million USD and will increase to 400 million USD after 3 years of operation.
Previously, the Ministry of Planning and Investment cooperated with a number of major industrial zone infrastructure developers in Vietnam to grasp information and mobilize multinational corporations with high technology and to lead the supply chain. Application for consideration of investment or expanding investment activities in Vietnam. This activity aims to implement the Prime Minister’s Directive 11 on urgent tasks and solutions to remove difficulties for production and business, ensure social security to cope with the Covid-19 epidemic and Decision 850 of Prime Minister on Establishing a Working Group to promote foreign investment cooperation.
Source: ndh.vn – Translated by fintel.vn
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