Korean firm builds electronic component plant at Phu Ha IP
A satellite of Samsung, the Davo C&M Co. Ltd. has signed a contract with Viglacera to rent 20,000sq.m land at Phu Ha Industrial Park in Phu Tho province to build an electronic component plant.
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This is the fifth businesses from the Republic of Korea to invest in the IP. Earlier other Samsung satellites like Jawa Vina, NT Vina, Almus Corp, and Elpostech chose Phu Ha IP as their destinations.
Thus, Phu Ha IZ has so far attracted five Korean and two Japanese businesses which rent a total of 20ha of land.
Covering 350ha, Phu Ha IP is invested by Viglacera with a total construction cost of VND1,730 billion.
With abundant and low-cost labour force, convenient transport, Phu Ha has become an attractive destination for many investors in electronics, especially Samsung satellite companies.
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