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| Korean investors work with Ha Nam Province's leaders on December 17. – Photo hanam.gov |
HA NAM (Biz Hub) – A delegation from the Korean telecommunication corporation KMW was impressed with the investment environment in the northern Ha Nam province during a working visit, Vietnamplus reported.
At the meeting with the provincial leaders on December 17, KMW Director Dae-Ik Yoo appreciated the convenient investment environment that the province has created for foreign enterprises.
Good policies to attract investment, a convenient location near the capital city and organised transport network made the province an attractive destination for foreign investors, including Korean ones, the KMW leader admitted.
He added that if KMW invests in Ha Nam, the province will become a telecommunications hub not only of the northern region, but of the whole country.
Mai Tien Dung, chairman of the provincial people's council, emphasised that the province has always granted favourable conditions to foreign investors, including those from South Korea.
The province gives priority to small and medium-sized projects, high-tech, telecommunications and environment-friendly industries.
Dung also revealed that Ha Nam has some industrial zones that are waiting for investors.
Currently, the province is home to 57 projects from South Korea, accounting for 48 per cent of the FDI projects with a total investment capital of about US$250 million.
A source from Bloomberg Business Week said that KMW Inc designs, develops and manufactures various air interface products for communication service companies worldwide. The company offers black hole filters, remote radio heads and antennas, as well as filter units and tower-mounted and high-power amplifiers.
It also provides LED lighting products, such as streetlights, area/security lights, and internal and lighting products, as well as floodlights, sports lights and IT-converged LED lighting products, besides safety helmets.
The company was founded in 1991, with its headquarters in Hwasung, South Korea. – VNS