Hai Phong promotes economic cooperation with leading Chinese businesses

On September 12-15, the working group of the HAI PHONG ECONOMIC ZONE AUTHORITY, led by Mr. Do Trung Thoai - Head of the Board, had a survey trip and worked with large economic corporations that are currently preparing Invested and operated in An Duong Industrial Park, Hai Phong.

The delegation of HAI PHONG ECONOMIC ZONE AUTHORITY, led by Mr. Do Trung Thoai - Head of the Board, came to survey and work with Wolong Electricity Group.

 

In recent years, China has emerged as one of the world's largest foreign investment countries, in which Vietnam is an attractive destination for Chinese investors. The speed of China's FDI capital transfer into Vietnam in the past 5 years has increased strongly. According to the foreign direct investment situation report of the Foreign Investment Agency, in the first 8 months of 2017, China is the 4th country in terms of foreign investment capital in Vietnam (after Korea and Japan). and Singapore). Chinese enterprises mainly invest in projects focusing on industries such as textiles, footwear, real estate, construction, electric wire and cable, thermal power and mining...

Faced with the investment trend of large economic corporations from China, the HAI PHONG ECONOMIC ZONE AUTHORITY had a survey and worked with investors: Shenzhen Holdings Company, Electricity Group. Wolong Gas, Hoa Tinh Electronic Engineering Company, Kien An Construction Corporation,...

The delegation worked with Shenzhen Holdings Company - Project Investor

Infrastructure construction of An Duong Industrial Park, Hai Phong

 

Within the framework of the business trip, Mr. Do Trung Thoai - Head of HAI PHONG ECONOMIC ZONE AUTHORITY, Hai Phong had a discussion to exchange information with investors about the investment environment as well as preferential policies. attractive investment of the city. He emphasized that Hai Phong is an ideal destination for foreign investors, especially Chinese businesses, through the city's focus on investing in infrastructure development and building gateway ports. Lach Huyen international gateway, creating favorable trade conditions between Hai Phong city and Guangdong province, actively implementing the "two corridors, one belt" cooperation program between Vietnam and China.

Wolong Electric Power Group is headquartered in Shaoxing city, Zhejiang province (China), along with Siemens Group and ABB Group are the three largest motor manufacturing groups in the world, with valuable listed on the stock market amounting to more than 3 billion USD also had a working session with the Working Group. Mr. Chen Jian Cheng - Chairman of the Board of Directors of Wolong Gas Power Group said that after researching the market and realizing the potential of the investment environment in Hai Phong, Wolong Gas Power Group decided to invest 5 project in An Duong Industrial Park with a total investment of about 01 million USD, of which phase 100 of the project will be implemented in 1 with a total estimated investment capital of about 2018 million USD. . Wolong Electric Group believes that, with its financial potential and extensive experience, the project will produce small inverter motors to supply Daikin Vietnam Co., Ltd. in An Duong Industrial Park, Hai Phong will bring successful results beyond expectations.

Besides, during the meeting with Hoa Tinh Electronic Engineering Company - the 4th largest display screen supplier in the world with a factory located in Shenzhen special economic zone, Guangdong province (China). ), The company also expressed interest in the city's preferential investment policies and is currently considering and researching investment plans to build a factory in Hai Phong.

Discuss with Kien An Construction Corporation about infrastructure construction work

for An Duong Industrial Park project, Hai Phong

 

Regarding the An Duong Industrial Park infrastructure investment project, the delegation worked with the Project's Investor, Shenzhen Holdings Company and Kien An Construction Corporation - the main general contractor of the project.

At the meeting, Shenzhen Holdings Company introduced to the delegation members about the achievements the company has achieved in the Shenzhen special economic zone and the successful results in the industrial park model development project. ecology and technology incubator model.

Mr. Do Trung Thoai highly appreciated the achievements that Shenzhen Holdings Company has achieved in the Shenzhen special economic zone. He also recommended that the Investor and Kien An Construction Corporation apply current construction technologies. modern, speed up progress and ensure safety during the construction of An Duong Industrial Park's infrastructure items to meet investment attraction requirements.

It can be said that the recent business trip was a success, contributing to promoting economic cooperation between Hai Phong city and leading Chinese businesses; At the same time, it demonstrates the active role of the city's leaders in attracting foreign investment and Hai Phong's strong international integration process in the current context./.

Implementation: Information Center - Consulting on industrial and environmental technical services.