Japanese firm to build US$200 million electronic circuit factory in Hoa Binh
VOV.VN - Meiko Group of Japan recently unveiled a plan to invest in a factory producing all kinds of electronic circuits in the northern province of Hoa Binh, according to details given by local authorities.
The group is therefore proposing that it will lease the land and infrastructure of Da Hop Trading Joint Stock Company, the main investor of Da River Left Bank Industrial Park, in order to build the US$200 million factory.
A representative of local authorities affirmed that the provincial leaders have fully committed to creating the optimal conditions possible for the Japanese firm to operate efficiently within the locality.
Meiko represents one of the leading corporations in the production of electronic boards and assembly of complete electronic boards. It operates five factories in Japan along with an additional two in China.
The group has been officially pouring investment into the Vietnamese market since 2006 with a factory located in Thach That Industrial Park in Hanoi.
At present, the corporation has built three factories manufacturing and assembling electronic circuit boards with a total investment of US$500 million, thereby generating more than 7,000 jobs and contributing roughly US$30 million to the state budget each year.
