KMW seeks investment opportunities in Ha Nam

tohang

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.

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

  • Share:

see also

Garment industry urged to gain self-sufficiency in raw materials for UK expansion

Garment industry urged to gain self-sufficiency in raw materials for UK expansion

Việt Nam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self – sufficiency in raw materials in order to meet the rules of origin under the UK – Việt Nam Free Trade...
Việt Nams growth prospects remain resilient amid global challenges: forum

Việt Nam’s growth prospects remain resilient amid global challenges: forum

Việt Nam’s economy is expected to exceed 7 per cent growth this year and continue rising next year, despite uncertainties from a potential second Trump presidency and global economic challenges, experts said.
Bình Dương takes advantage of opportunities from EVFTA, UKVFTA

Bình Dương takes advantage of opportunities from EVFTA, UKVFTA

Bình Dương has a trade surplus with many markets that have signed and implemented free trade agreements with Việt Nam, such as the UK and the EU.
Cà Mau strives to become a renewable energy export hub

Cà Mau strives to become a renewable energy export hub

The province encourages the unlimited development of renewable energy sources for export, provided energy security and economic efficiency are maintained. By 2031, Cà Mau aims to export 2,000 MW of renewable energy, increasing to 3,000 MW by 2035 and 5,000...
NA Standing Committee gives nod to the foundation of an investment support fund

NA Standing Committee gives nod to the foundation of an investment support fund

It is necessary to issue a decree on the foundation, management and use of the investment support fund to attract strategic investors and multinational corporations to Việt Nam, the National Assembly Standing Committee agreed at a meeting on Wednesday afternoon.