Deli Group starts work on 270 million USD stationery factory in Hai Duong
Deli Hai Duong stationery factory is the ever-largest foreign investment project of Deli Group with a value of 270 million USD.
China’s Deli Group broke ground for its Deli Hai Duong stationery manufacturing factory in the extended Dai An industrial park of Hai Duong province on September 28, with a total investment of 270 million USD.
Speaking at the groundbreaking ceremony, Deputy Prime Minister and Minister of Finance Ho Duc Phoc praised the thorough preparation and close coordination between Hai Duong provincial authorities and the investor.
Phoc emphasized that this is a significant foreign direct investment (FDI) project, funded by one of China's leading companies, and expressed confidence that it will contribute positively to the development of Hai Duong, one of Vietnam’s localities taking the lead in FDI attraction.
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Deputy Prime Minister Ho Duc Phoc also reiterated that the Vietnamese Government prioritizes digital transformation and green transition as core strategies for restructuring the economy and promoting sustainable growth.
“Deli Group should utilize modern technologies and green materials to create environmentally friendly products,” Phoc urged.
The Deputy Prime Minister also suggested Hai Duong province accompany and assist the investor during construction and operation, ensuring compliance with legal regulations.
Chairman of the provincial People’s Committee Le Ngoc Chau stated that the province is fully prepared to welcome both domestic and foreign investors.
“The provincial authorities are committed to providing every favorable condition to ensure that projects are implemented on schedule and achieve high efficiency”, said Chau on behalf of the provincial leaders.
Hai Duong has so far attracted 584 FDI projects from 27 countries and territories, with a total capital of over 10.5 billion USD, according to Chau.
The province also hosts 1,761 domestic investment projects, totaling nearly 113 trillion VND, ranking 4th in the Red River Delta region and 11th nationwide, the provincial People’s Committee chairman added.
“The construction of Deli Group’s factory is an important milestone, demonstrating effective cooperation between FDI enterprises and local authorities towards turning Hai Duong into a modern industrial province, a dynamic industrial center of the Red River Delta by 2030,” said Chau.
On this occasion, Deli Group donated 2.5 billion VND, including 2 billion VND in cash and 30,000 sets of school supplies, to the Vietnam Fatherland Front Committee of Hai Duong to support recovery efforts following the impact of Typhoon Yagi.
Deli Group’s factory, covering an area of 21.248 ha, is set to operate for 50 years till January 1, 2073. Once completed, it is expected to produce over 104 million stationery and household items made from paper and plastic annually.
Additionally, the plant will manufacture more than 2.4 million electronic products, including personal computers, photocopiers, and shredders, as well as 22.5 million rubber products such as balls, sticks, and mats.
The anticipated revenue is estimated at around US$5 million per year.
HA KIEN – THANH CHUNG