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S Korean firms to invest $10m in Ha Nam

Update: January, 25/2014 - 10:16

HA NAM (VNS)— South Korea's Seoul Electronics & Telecom Co will invest US$10 million in the Chau Son Industrial Zone in the northern province of Ha Nam.

The investment follows an agreement signed by the company and the zone's authorities on Wednesday. Under the agreement, a plant to produce adapters for electronic and telecom devices will be built on an area of 3ha.

The company is expected to receive its investment license before the start of the Lunar New Year festival to enable it to begin construction work immediately after the holiday.— VNS

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