Korean firm to build plant in Phu Tho

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A satellite of Samsung, Davo C&M Co., has signed a contract with Viglacera to rent 20,000sq.m land at Phu Tho Province-based Phu Ha Industrial Park to build an electronic component plant, baodautu.vn reports.

 

A satellite of Samsung, Davo C&M Co., has signed a contract with Viglacera to rent 20,000sq.m land at Phu Tho Province-based Phu Ha Industrial Park to build an electronic component plant, baodautu.vn reports. — Photo viglaceraip.com

A satellite of Samsung, Davo C&M Co., has signed a contract with Viglacera to rent 20,000sq.m land at Phu Tho Province-based Phu Ha Industrial Park to build an electronic component plant, baodautu.vn reports.

The company is the fifth business from South Korea to invest in the park.

Developed by Viglacera, the 350ha-park has total construction cost of VND1.73 trillion (US$76.21 million). It strives to attract projects in electronics, contruction material production, food processing and beverage, engineering and pharmaceutical sectors.

The park has so far attracted five Korean and two Japanese businesses, renting a total of 20ha of land.

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