On the afternoon of May 4, Provincial People’s Committee held a conference to award investment registration certificates for 2 projects with total registered capital of 132 million USD. Attending the conference were Vice Chairman of the Provincial People’s Committee Phan The Tuan; representative leaders of a number of departments, agencies, sectors and localities of the province.
At the conference, Vice Chairman of the Provincial People’s Committee Phan The Tuan awarded the Investment Registration Certificates of the “Production and supply of materials for HIUV” project to Hiuv Applied Material Technology Investment Pte.Ltd and the “Yonz Technology (Vietnam) Investment Factory” project for Yonz Technology Singapore Pte.Ltd.
The “Production and supply of materials for HIUV” project focuses on producing PET self-adhesive protective films, EAV films, Silicon films, film materials, plastic products and materials for solar energy with a scale of 200 million m2 of products/year. The project is located at Viet – Han Industrial Zone (Viet Yen district) with a scale of 52,803 m2 and total investment capital of 90 million USD.
The project implementation progress is 12 months from the date of issuance of the Investment Registration Certificate, employing about 300 employees with an average income of 8-10 million VND/person/month. In stable operation, the project will contribute corporate income tax to the state budget about 44.5 billion VND/year.
The “Yonz Technology (Vietnam) Investment Factory” project of Yonz Technology Singapore Pte.Ltd focuses on manufacturing and processing aluminum frames for the solar battery manufacturing and assembly industry for about 110,000 tons/year. The project is located at Yen Lu Industrial Zone (Yen Dung district) with a scale of 100,000 m2 and total investment capital of 42 million USD.
The project implementation progress is 24 months from the date of issuance of the Investment Registration Certificate, employing about 1,085 employees with an average income of 8-10 million VND/person/month. In stable operation, the project will contribute corporate income tax to the state budget about 187 billion VND/year.
Speaking at the conference, Mr. Li Min – Representative of HIUV Applied Material Technology Investment Pte.Ltd and Mr. Wang Jun – Representative of Yonz Technology Singapore Pte.Ltd expressed their thanks and appreciated the determination and accompanion of the People’s Committee of Bac Giang province as well as departments, units, sectors and localities of the province.
Investors believed that under the leadership of the Provincial Party Committee, the Provincial People’s Committee, Bac Giang would always be a bright spot to attract foreign investment as in the past time, the provincial government had always made great efforts in the promotion and support for projects to be implemented on schedule. Investors were committed to constantly working hard to be efficient, contributing to the province’s socio-economic development, creating stable jobs, increasing incomes for workers, and produce associated with environmental protection responsibility and social responsibility.
Speaking at the conference, Vice Chairman of the Provincial People’s Committee Phan The Tuan emphasized that Bac Giang province was committed to creating the most favorable conditions within the legal framework for investors. At the same time, the province directs departments, sectors and localities to be ready to guide, support and accompany investors to soon deploy projects and go into stable production. Along with that, it is important to focus on prioritizing possible resources to solve and remove difficulties and obstacles enterprises encounter in the process of investment and production activities in the province with the goal of speeding up the implementation progress of projects.
He wished that investors promptly informed the province about problems for the fastest and most effective support. Leaders of Bac Giang province always crave for, listen and consider difficulties of enterprises and investors as problems of the province and the province has the responsibility to work with enterprises to find solutions.
He wished that investors promptly informed the province about problems for the fastest and most effective support. Leaders of Bac Giang province always crave for, listen and consider difficulties of enterprises and investors as problems of the province and the province has the responsibility to work with enterprises to find solutions.
He suggested investors to implement the projects on schedule and with the registered contents. In the process of investment, production and business must be associated with environmental protection by giving priority to the application of high technology in production, paying special attention to building corporate culture, building a harmonious and progressive labor relationship, balancing profit goals with fair treatment of employees, creating opportunities for employees to develop their expertise and skills and enjoy a safe and respected working environment.
Investors closely work with the authorities, especially the Provincial Management Board of Industrial Zones to receive timely support and guidance in complying with Vietnam’s laws and regulations and policies of the province as well as fully accessing investment incentive policies and regimes, solving difficulties.
He believed that the current cooperation between Bac Giang and investors would bring about good, long-term and sustainable results in the future.
