Taiwanese firm breaks ground on 45 mln USD computer plant in Thai Binh

February 20, 2024 | 11:09

(0) user say

Good Way Cayman Co. Ltd. from Taiwan (China) held a groundbreaking ceremony for a large-scale plant manufacturing computers and their peripheral equipment at the Lien Ha Thai Industrial Park in the northern province of Thai Binh on February 19.

Taiwanese firm breaks ground on 45 mln USD computer plant in Thai Binh

At the groundbreaking ceremony (Photo: nhandan.vn)

Thai Binh – Good Way Cayman Co. Ltd. from Taiwan (China) held a groundbreaking ceremony for a large-scale plant manufacturing computers and their peripheral equipment at the Lien Ha Thai Industrial Park in the northern province of Thai Binh on February 19.

The 5-ha project boasts a total investment capital of 45 million USD and an annual production capacity of 3.7 million products. It is the third foreign-invested project in this field in the park which is part of the Thai Binh Economic Zone.

In the first phase, the project is set to yield 1.85 million products per year, with construction slated for completion in the third quarter of 2024 and official production due for the first quarter of 2025.

Construction in the second phase will start in the fourth quarter of 2026, with production set to follow suit in the second quarter of 2027. Its operational lifespan is set to be 47 years.

Once operational, it is expected to generate a steady revenue of about 4.4 trillion VND (183.3 million USD) and contribute around 307 billion VND to the State budget per year. It is also to create jobs to some 645 workers, with an average monthly salary of about 7 million VND.

Thai Binh unveils $2 billion LNG power plant project in Japanese deal

Thai Binh province announced a $2 billion LNG thermal power plant project, in collaboration with Tokyo Gas Co., Kyuden Corporation, and Truong Thanh Group, marking a major stride in Vietnamese-Japanese economic cooperation.

Tokyo Gas makes progress on $2 billion LNG power project in Thai Binh province

On January 24, Tokyo Gas Co., Ltd. announced the establishment of Thai Binh LNG Power JSC for the development of a liquefied natural gas (LNG) to power project in Thai Binh province in collaboration with Truong Thanh Vietnam Group and Japan's Kyuden International Corporation.

By VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional