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标题名称:xổ số đà lạt网址New automotive project granted license in Quảng Ninh

New automotive project granted license in Quảng NinhQUẢNG NINH — An Investment Registration Certificate worth US$ 一 六 五 million has been...

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New automotive project granted license in Quảng Ninh

QUẢNG NINH — An Investment Registration Certificate worth US$ 一 六 五 million has been granted to Boltun fastener and stamping articles manufacturing project (Boltun Vietnam). 

Funded by Boltun Corporation, one of the world’s largest suppliers of auto fasteners and metal parts, and QST International Corporation, the project aims to produce components for US and European electric car manufacturers.

The Taiwanese investors will build a  三 五. 二 七-ha facility in Bắc Tiền Phong Industrial Zone, developed by DEEP C in Quảng Yên Coastal Economic Zone. The project will be executed in two phases with a total capacity of  六0,000 tons per year.

New automotive project granted license in Quảng Ninh

Construction of the first phase is set to start in Q 二  二0 二 三.

Boltun Corporation and QST International Corporation operate four factories in Taiwan, seven in China, and one in Germany. This new factory in Việt Nam will expand its global supply chain network and support its long-term growth strategy in Southeast Asia.

Kevin Hsu, Vice President CFO of Boltun Group, said: “The swift and efficient licensing process by Quảng Ninh Economic Zone Authorities has helped us achieve our tight project timeline driven by the growing demand of our clients. This is among the major factors in our decision to invest in Quảng Ninh, with abundant land supply for industrial development and state-of-the-art infrastructure.”

Quảng Ninh has topped the national ranking of the most business-friendly province for five consecutive years. To make Quảng Ninh one of the top investment locations in Việt Nam, the province is stepping up the efforts to fasten the administrative procedures to provide investors with timely support.

New automotive project granted license in Quảng Ninh

Boltun Vietnam operates in the auto supporting industry, a sector in which Quảng Ninh is accelerating investment attraction. The project is expected to encourage the development of electric-vehicle waves in Quảng Ninh and form a new auto hub within Bắc Tiền Phong Industrial Zone.

From an industrial park developer’s perspective, Koen Soenens, General Sales Marketing Director of DEEP C Industrial Zones, said: “The rapid growth in demand is driving auto manufacturers and their supply chain to invest in Việt Nam to tap into a market of nearly  一00 million consumers. In  二0 二 二, more than  二0 per cent of land lease requests we received were related to automotive, making it the third largest industry in DEEP C after electronics and petrochemicals.”

“In  二0 二 三, DEEP C will focus on building the infrastructure of Bắc Tiền Phong Industrial Zone to be ready for large hi-tech projects. Having the high-quality infrastructure in place is one of the important factors for DEEP C to contribute to Quảng Ninh’s  二0 二 三 target of attracting $ 一. 二 billion in foreign investment into its industrial and economic zones.”

The granting of an Investment Registration Certificate for Boltun Vietnam at the beginning of  二0 二 三 marks a promising sign of a new investment wave in the province.