Accordingly, the Korean company will invest US$1.6 billion between now and 2035 to build a plant to manufacture, assemble and test semiconductor products on a site of 23ha in the IP.
Prime Minister Nguyen Xuan Phuc has decided to give in-principle approval to a project to build the infrastructure of Yen Phong II-A Industrial Park (IP) in the northern province of Bac Ninh.
Invested by State-owned Viglacera Corp, the park will cover 221ha in Yen Phong District. It aims to attract multi-sector investment, mainly processing and manufacturing, high technology and non-polluting industries.