Representatives  of Quang Ngai  Province give an investment  license for Sumida Electronic to build   the construction of a US$10-million factory on April 5.— Photo quangngai.gov.vn

HA NOI (Biz Hub) — Sumida Electronic Vietnam Ltd began the construction of a US$10-million factory in the central province of Quang Ngai on April 5.

The factory will cover 30,000sqm in the province's Tinh Phong Industrial Zone in Son Tinh District, the IZ management board said.

The factory, which is scheduled to become operational in January 2016, is expected to produce about 12 million transformers and 120 million other electronic components each year for export.

It will also create jobs for more than 1,200 local workers.

Sumida Electronic Vietnam Ltd is a branch of the Japanese Sumida Company. It set up its first factory in the northern city of Hai Phong in 2010. It specialises in manufacturing signal products, power inductors and other related components used in household electronics, automated components and medical equipments. — VNS