Over $1.3 billion of additional investment poured into Hải Phòng IPs

Saturday, Sep 23, 2023 09:00

Hải Phòng City's leader congratulates SK Group on getting the investment registration certificate.— VNA Photo

Hải Phòng City's Economic Zone Management Board on September 22 granted investment registration and adjustment licences to projects with total investment of more than US$1.3 billion in local industrial parks.

The Ecovance high-tech biodegradable material factory project worth $500 million by SKC – the second largest corporation in the Republic of Korea (RoK) is among those receiving the investment registration licence.

Covering an area of over 32,000 sq.m in the Hai Phong I DEEP C industrial zone in the Đình Vũ-Cát Hải Economic Zone, the project is expected to contribute to introducing new, advanced technologies to the city's industrial production, improving skills of the local workforce, forming research and development centre, and making contributions to the local budget.

Meanwhile, Japan's Kyocera Document Solutions Inc got the licence to add $238 million to the office machinery and equipment production project, raising the project's total investment to $425 million. The project is carried out in the VSIP Hải Phòng urban, industrial and service area.

From the beginning of the year to September 20, industrial parks and economic zones in Hải Phòng City attracted nearly $3 billion. — VNA/VNS

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