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Sai Gon Hi-Tech Park grants licenses to three enterprises

Update: January, 08/2016 - 09:12

Sai Gon Hi-Tech Park in HCM City. The high-tech development cluster has granted investment licenses worth $100 million to three companies. — Photo Tuoi Tre News

HCM CITY (VNS) — The management board of Sai Gon Hi-Tech Park yesterday granted investment licenses to three enterprises with total investment of US$100 million.

Two of the three enterprises will participate in the supply chain for Samsung factory. The Phuoc Thanh Hi-tech Research – Application and Production Project has investment of $73 million from Minh Nguyen Support Industry Company.

The factory to be built on four hectares of land is expected to be put into use in the second quarter this year with the capacity of 20 million products per year.

The factory's main products are high quality technology products made from plastic, metal parts for electronic components, and moulds for plastic industry, among others.

The company will also work with universities, domestic and foreign research institutes to develop vocational training programmes, management and operational skills for future high-quality human resources.

The project of Aureumaex Precision Plastics Viet Nam invested in by United More SDN.BHD has total investment of $20 million. It will begin in March.

The factory will produce plastic screen frames and plastic cases for LCD and LED televisions. The factory will have capacity of 12 million products per year.

The third project to receive an investment certificate from the management board of Sai Gon Hi-tech park was the ISD Hitech general service centre project invested by the Hi-tech Development and Service Company. The project has investment of $6.6 million.

Upon completion of construction, the project will be a complex of leasing offices, showrooms, meeting rooms, luxury restaurants, and a healthcare centre, all of which are in high demand in the hi-tech park. — VNS

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