ALK JSC Company will build its factory in the local Diem Thuy industrial park to produce aluminum frames for LCD/OLED TVs and electronic components, aluminum components for automobile, trains, and airplanes with a total investment of 75 million USD. The factory, covering nearly 105,500 sq.m,is designed to produce 36,000 tons of products per year.
It is expected that the factory will be put into operation in the first quarter of 2020.
Addressing the ceremony, Chairman of the provincial People’s Committee Vu Hong Bac welcome the investment, pledging that the locality will associate with the investor in implementing the project.
Thai Nguyen has been approved to establish six concentrated industrial parks on 1,420 hectares, namely Song Cong 1, Song Cong 2, Nam Pho Yen, Yen Binh, Diem Thuy, and Quyet Thang. Four of them have been put into operation.
In the first six months of this year, the province lured 15 new projects, raising the total valid number of projects to 151, including 74 foreign and 77 domestic ones, worth a total of 7 billion USD and 11 trillion USD, respectively. By the end of 2015, the province had 136 projects, including 63 FDI ones.
