Boway Group launches 200 million USD project in Hai Duong

Leaders of Vinaruco and Boway Group sign the land lease

Boway Group, a wholly Chinese-invested company, signed a land lease with Vietnam Rubber Industrial Zone and Urban Development JSC. (Vinaruco) on August 21.

The group hired 20 ha of land in Cong Hoa industrial park, Chi Linh city from Vinaruco to build a factory manufacturing solar panels and modules, high-tech alloy strips… with a budget of about 200 million USD.

The company is expected to complete legal procedures for investment and construction and put the project into operation in 2024.

Cong Hoa industrial park, covering an area of 201 ha, was built by Vinaruco with a total investment of 1,081 billion VND.

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