HA NOI (VNS)— Chinese Powerway Group plans to spend US$50 million on a solar powered battery factory in the northern province of Bac Giang, said the provincial Industrial Zones Management Board recently.
Accordingly, Powerway would set up a company in Viet Nam to develop the project spanning about 70,000 square metres in Song Khe – Noi Hoang IZ. The plant is expected to employ about 700 people.
If approved, investors expect to complete the project in 18 months. — VNS