Chia Chang Vietnam Technology factory construction starts in Ha Nam

The factory covers more than 25,000sq.m land area, including more than 13,000sq.m construction area​​.

The Chia Chang Vietnam Technology factory construction ceremony

With a total investment value capital reaching $9 million, the project encompasses Factory 1, which includes two floors with an area of ​​2,880sq.m per floor; Factory 2 with two floors with an area of ​​4,150sq.m per floor; corrugated metal panel walls; and a two-storey office building with 1,302sq.m per floor of reinforced concrete and auxiliary items. The project will be constructed within six months.

Pham Anh Tien, chairman of the Board of Directors of Taiyo Group, the parent company of Hai Long Construction JSC

At the commencement ceremony, Pham Anh Tien, chairman of the Board of Directors of Taiyo Group, the parent company of Hai Long Construction JSC, noted that the Chia Chang Vietnam Technology Factory project was the fifth project where the company has taken on the role as general contractor at Thai Ha Industrial Park (IP).

“This is a project that continues the success of four previous projects: the U. D. Electronics Vietnam factory project, TSMT factory project, Chiateng factory project, and A-Stainless factory project. With our capacity and experience, we will successfully implement this project following the quality and schedule committed to by the investor Chia Chang Vietnam Technology,” said Tien.

Sung Kuei-Hsiu, chairman of Chia Chang Technology Vietnam Co., Ltd.

At the ceremony, Sung Kuei-Hsiu, chairman of Chia Chang Technology Vietnam, revealed that, with over 10 years of operation in the industry, the company has demonstrated its position in the market. Chia Chang is the first manufacturer in the industry to provide metal technology products in Vietnam.

“The company's high-quality products have been widely used in many different fields, especially in technology, and has always striven to improve product quality and customer needs,” said Sung.

With 25 years of experience, Hai Long Construction JSC has consolidated and developed strong internal resources, affirming its position as one of the most prominent businesses in general contracting, design consulting, manufacturing and erection of structural steelworks.

The company has been granted a Grade 1 design and construction certificate by the Ministry of Construction and been elected as one of the 10 best industrial and infrastructure construction contractors in Vietnam in 2024.

Hai Long Construction has shown the capacity of a leading general contractor through recognition and evaluation not only from domestic partners, but also from many major partners from Japan, South Korea, and China.

The company has successfully implemented many ‘million dollar’ projects for leading partners, such as GNP Nam Dinh Vu Industrial Centre Project and GNP Dong Van III Industrial Centre Project with each package value surpassing $29 million; projects for Bujeon Electronics Vietnam Factory; LG Group; Amkor Technology Group; Hyundai Group; VinFast Automobile Manufacturing; and Sumitomo Corporation.

“We are proud to have built hundreds of large-scale projects in many localities across the country, creating stable jobs for thousands of workers, creating a better investment environment for foreign investors,” Tien said.

In 2024, Hai Long Construction JSC aims to for a total contract value exceeding $153 million, a total revenue surpassing $110 million, and steel structure output reaching 30,000 tonnes.

In the first six months (H1) of 2024, the company’s total contract value approximated $97.8 million, equal to 64 per cent of the adjusted plan; and total output value reached $68.6 million, equal 53 per cent of the adjusted plan; and total revenue surpassed $46 million.

Steel structure production output was also encouraging, reaching 21,130 tonnes.

In addition, Hai Long Steel Structure Factory has signed a contract and is in the process of producing sample products for export to many large Japanese and Korean corporations.

This will usher in opportunities to secure many export orders in the near future. Hai Long is set to complete the investment in construction of Steel Structure Factory No. 3 over ​​5.2 ha kitted out with two cutting-edge steel structure production lines by September 2024, increasing the total production capacity of steel structure factories to 45,000 tonnes by 2025 and beyond.

Hai Long Construction has just signed a cooperation contract with SK Group from South Korea on processing steel structure items under Package No. 1 with a volume of 2,300 tonnes, and implementation time of 126 days in the Ecovance high-tech biodegradable materials factory project at DEEP C Haiphong I Industrial Park.

The project spans over 32,000sq.m with a total investment value reaching $100 million, which is expected to reach $500 million by 2030, according to SK Group.

As of now, Hai Long Construction’s total contract value has reached $108 million, equal to 70.5 per cent of the full-year plan and is on track to complete its set target, affirming the company’s growing position in the construction industry.

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