On September 01, 9, HAI PHONG ECONOMIC ZONE AUTHORITY issued an Investment Registration Certificate to investor LG Innotek Co., Ltd. (Korea) to implement "LG Innotek Hai Phong Factory Project" at Trang Due Industrial Park, An Duong district, Dinh Vu - Cat Hai Economic Zone, Hai Phong city.
The goal and scale of the project is to produce and export all (100%) camera module products with an output of 30 million products/month. LG Innotek Group is one of the world-famous Korean corporations in electronic manufacturing technology. Established in 1970, up to now the group has developed strongly and operates in the fields of audio-visual equipment, mobile devices, consumer electronics, and automobile components. In particular, in the production of camera modules for mobile phones, the group currently ranks number one globally with a total production value of about 2015 billion USD in 3. The total investment capital of the project is 550 million USD, of which the capital contribution to implement the project is 20 million USD. The land area expected to be used is 10 hectares, the project's operating term is 50 years from the date of issuance of the Investment Registration Certificate. According to the plan, the project will officially operate from the fourth quarter of 2017./.
Implementation: Investment Promotion Center