At the signing ceremony. — VNA/VNS Photo

The Management Board of Industrial Parks in the northern province of Nam Dinh has granted an investment licence to Quanta Computer Inc of Taiwan (China) to produce laptops and desktops on an area of nearly 226ha in My Thuan Industrial Park, My Loc District.

The factory, costing over VND2.8 trillion (US$121.7 million), has a designed capacity of 4.5 million units each year.

Scheduled to be operational in the fourth quarter of 2024, the factory will enter a period of accelerated production with 2.6 million computers from 2025, toward producing 4.5 million units annually by 2028.

Permanent Vice Chairman of the provincial People’s Committee Tran Anh Dung said it was the first project in My Thuan - an IP designated to high-tech industry development located in a favourable location in terms of transport infrastructure and logistics service connection.

Nam Dinh committed all possible support to and always accompanied the investor in solving difficulties related to legal procedures during the project implementation, he said.

Established in 1988, Quanta is now listed among the top 500 companies globally and also one of the world’s leading laptop manufacturers.

Quanta has eight major laptop factories worldwide located in China, the US, Mexico, Germany, Japan, the Republic of Korea and Thailand, with total annual revenue of over $40 billion. — VNS