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Korean businesses invest another $7.2 million, expanding production in Quang Nam.

Việt NamViệt Nam21/09/2024



Korean businesses invest another $7.2 million in Tam Thang Industrial Park.

OCC Vina (South Korea) continues to invest $7.2 million to implement the project of a factory producing auxiliary products for the packaging industry in Tam Thang Industrial Park, Quang Nam province.

On September 19th, Chu Lai Industrial Park Infrastructure Development Company Limited (CIZIDCO) announced that it had signed a Memorandum of Agreement for investment in Tam Thang Industrial Park with Oriental Commerce Vina Company Limited (OCC Vina, South Korea).

Accordingly, OCC Vina Company will invest in a factory project to produce auxiliary products for the packaging industry at Tam Thang Industrial Park, with a total area of ​​approximately 32,000 m2.

This project has a total investment of over 182 billion VND, equivalent to 7.2 million USD.

According to CIZIDCO, the project will produce plastic batteries and plastic shelving for goods storage. The project will complete legal procedures in Q4 2024; construction will begin in Q1 2025; and construction will be completed and the entire project operational in Q4 2025.





Oriental Commerce Vina Co., Ltd. (South Korea) signed a memorandum of agreement to expand its investment in Tam Thang Industrial Park.

According to CIZIDCO, OCC Vina has invested in Tam Thang Industrial Park, specializing in the production and distribution of various types of wrapping films, transparent films, and plastic products. This is the third time the company has expanded its production in Quang Nam. The land in Tam Thang Industrial Park allocated for the project is already available, and the company is currently completing the necessary procedures to proceed with investment and construction.

According to statistics, Tam Thang Industrial Park, with a total area of ​​197 hectares, has attracted 24 projects, including 20 FDI projects with a total registered capital of 749 million USD and 4 domestic projects with a total capital of 356.6 billion VND, achieving an occupancy rate of 71.7%.

The majority of businesses in Tam Thang Industrial Park are invested in by South Korean, German, and Hong Kong companies such as Panko Group, Hyosung Group, Fashion Garments, CTR, Amann, Wendler, Lisa Draxlmaier… These businesses provide employment for 12,600 workers.





Source: https://baodautu.vn/doanh-nghiep-han-quoc-dau-tu-tiep-72-trieu-usd-vao-khu-cong-nghiep-tam-thang-d225317.html


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