Chinese business proposes 50 million USD project in Cong Hoa industrial park

Perfect Light Co., Ltd. from China has proposed a new project in Cong Hoa industrial park, Chi Linh city, Hai Duong province.

The issue was tabled at the second December meeting of the provincial People’s Committee on December 12.

Accordingly, the company wishes to build a Waffer Technology factory on an area of 9 ha in the industrial park with a total investment of 50 million USD to produce spare parts for cars and other motor vehicles.

The investor is committed to put the project into operation in the first quarter of 2025 if approved.

The project is expected to provide jobs for more than 700 people upon operation.

Standing Vice Chairman of the provincial People's Committee Luu Van Ban basically agreed to the proposal and assigned the provincial Industrial Parks Authority to instruct the investor in carrying out prescribed procedures.

He required the investor to have a commitment to the project implementation progress and investment.

The company is responsible for the accuracy and legality of investment proposal documents.

The investor of Cong Hoa industrial park shall actively coordinate with the secondary investor and facilitate the project execution.

NGUYEN MO-DO QUYET