Taiwanese firm invests in US$120 million project in Nghe An
VOV.VN - Radiant Opto-Electronics Corporation, a company based in Taiwan (China) that is mainly engaged in the manufacture and sale of backlight units (BLUs), has received a registration certificate by Nghe An province for an electronic components factory project capitalized at US$120 million.
This information was unveiled by Doan Van Dai, deputy director of the Management Board of Southeast Economic Zone in Nghe An province, on December 22.
Specifically, the Taiwanese firm will invest in building a Radiant Opto-Electronics Vietnam Factory in the Vietnam-Singapore Industrial Park (VSIP) Nghe An.
The factory is expected to design electronic components, including backlight modules, light guide plates, brightness enhancement films, and molded plastic frames.
The site will also generate an output of about 35 million products annually during the first phase, with a rise of about 10 million products per year in the second phase.
Furthermore, investor Radiant Opto-Electronics Corporation will also provide factory rental services and accommodation for workers and experts working in VSIP Nghe An Industrial Park. The project is therefore expected to be put into operation by the end of 2024.
The locality has so far attracted more than US$1.58 billion in FDI and ranks among the top 10 provinces and cities attracting the best FDI capital in the country with several renowned names including Luxshare, Goertek, Everwin, JuTeng, Foxconn, Sunny, Runergy, and Shandong.
