Deli stationery factory with a total investment of $270 million breaks ground

September 28, 2024 - 17:23
China's Deli Group commenced construction of its new stationery production facility at the Đại An Extended Industrial Park in Hải Dương Province on 28 September, with a total investment of US$270 million (VNĐ6.49 trillion).

 

The official groundbreaking ceremony of the Deli factory in Hải Dương Province. — VNA/VNS Photo

HẢI DƯƠNG — China’s Deli Group broke ground for its new stationery manufacturing plant at the Đại An Expanded Industrial Park in Hải Dương Province on 28 September, with a total investment of US$270 million (VNĐ6.49 trillion).

The factory, covering an area of 21.248 hectares, is set to operate for 50 years. Once completed, it is expected to produce over 104 million stationery and household items made from paper and plastic annually.

Additionally, the plant will manufacture more than 2.4 million electronic products, including personal computers, photocopiers, and shredders, as well as 22.5 million rubber products such as balls, sticks, and mats.

The anticipated revenue is estimated at around US$5 million per year.

Founded in 1981, Deli Group is headquartered in China and has research and innovation centres in Germany and the United States. Deli is currently a leading enterprise with a diverse and high-quality product portfolio, popular in 140 countries and regions, including the United States, Europe, South America, the Middle East, and Southeast Asia.

Speaking at the groundbreaking ceremony, Deputy Prime Minister and Minister of Finance Hồ Đức Phớc praised the thorough preparation and close coordination between Hải Dương Province's departments and the investor. He emphasised that this is a significant foreign direct investment (FDI) project, funded by one of China's leading companies, and expressed confidence that it will contribute positively to the province's development in the coming period.

Deputy Prime Minister Hồ Đức Phớc also reiterated that the Vietnamese Government prioritises digital transformation and green transition as core strategies for restructuring the economy and promoting sustainable growth. He urged the investor to utilise modern technologies and green materials to create environmentally friendly products.

He assured that Việt Nam will continue to improve its legal framework, foster a fair and favourable business environment, listen to and promptly address difficulties to support investors and businesses in achieving sustainable development. He also requested Hải Dương Province to accompany and assist the investor during construction and operation, ensuring compliance with legal regulations.

Lê Ngọc Châu, Chairman of Hải Dương Provincial People’s Committee, stated that the province is fully prepared to welcome both domestic and foreign investors. The provincial authorities are committed to providing every favourable condition to ensure that projects are implemented on schedule and achieve high efficiency.

To date, Hải Dương has attracted 584 foreign investment projects from 27 countries and territories, with a total capital of over US$10.5 billion. The province also hosts 1,761 domestic investment projects, totalling nearly VNĐ113 trillion, ranking fourth in the Red River Delta region and eleventh nationwide. According to the plan up to 2030, Hải Dương will have 32 industrial parks with a total area of 5,661 hectares.

At the groundbreaking ceremony, Chairman Lê Ngọc Châu presented the investment certificate to Deli Group. On this occasion, Deli Group also donated VNĐ2.5 billion, including VNĐ2 billion in cash and 30,000 sets of school supplies, to the Việt Nam Fatherland Front in Hải Dương Province to support recovery efforts following the impact of Typhoon Yagi. — VNS

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