On May 16, 5, HAI PHONG ECONOMIC ZONE AUTHORITY issued an Investment Registration Certificate to adjust the "Machine Manufacturing Project" to investor Citizen Machinery Co., Ltd. (Japan), certification of adjusting goals, scale, increasing total investment capital, contributed capital and project implementation progress at Nomura Industrial Park - Hai Phong, An Duong district, Hai Phong city.
Accordingly, the total investment capital of the project was adjusted to increase from 13 million USD to 18,5 million USD, of which the capital contribution to implement the project increased from 5,5 million USD to 11 million USD. The goal and scale of the project is to produce for export all (100%) products including: metal casting products with an output of 4.800 tons/year; CNC automatic metal processing machine with output of 240 pieces/year; details and parts of CNC automatic metal processing machines with an output of 2.000 sets/year; Repair CNC automatic metal processing machines with an output of 72 units/year; manufacturing and assembling details and parts for Citizen Group's products with an output of 2.000 sets/year; Manufacturing and repairing molds made of wood, aluminum, plastic and other materials with an output of 120 pieces/year. The land area used is more than 29.000 m2.
Part of the project is the production of metal casting products; CNC automatic metal processing machines; details and parts of CNC automatic metal processing machines; repair CNC automatic metal processing machines; Manufacturing and assembling details and parts for Citizen Group's products has officially been in operation since July 7. The project of manufacturing and repairing molds made of wood, aluminum, plastic and other materials has been in official operation since 2006. The economic organization implementing the project is Machine Manufacturing Company Limited. Citizen Vietnam./.
Implementation: Investment Promotion Center