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Victory Giant Technology to invest 800 million USD in circuit board plant in Bac Ninh

Updated: 21:03, 20/03/2024
China-based company Victory Giant Technology (HuiZhou) Co., Ltd, recently decided to invest 800 million USD in a factory producing circuit boards at VSIP Bac Ninh II Industrial Park.

A signing ceremony on land leasing between Victory Giant Technology and VSIP Bac Ninh Industrial Park Infrastructure Company was held in China on March 19 within the framework of the working session between Vuong Quoc Tuan, Vice Chairman of the Bac Ninh Provincial People’s Committee, and Victory Giant Technology.

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The delegation from Bac Ninh Province visit Victory Giant Technology.

The Chinese group will build a factory on an area of about 10ha with the aim to research, develop, and manufacture high-precision circuit boards.

The group is expected to begin the investment project in mid-2025 after receiving cleared land from Bac Ninh Province.

Victory Giant Technology was established in 2006, specialising in research, development, production, and sales of high-precision printed circuit boards. The group’s products are widely used in the areas of computers, aerospace, automotive electronics, communications, home electronics, industrial control systems, and others.

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Source: NDO

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