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Yen Lu industrial park attracts 25 million USD investment project

Updated: 16:29, 06/11/2024

BAC GIANG - The Bac Giang Provincial Industrial Park Management Board has just granted an investment registration certificate to Crown Advance Material Vietnam Co., Ltd to implement an investment project to build third plastic film manufacturing factory in Yen Lu Industrial Park in Yen Dung district.

The land area used for this project is 54,300 square meters. The above project will produce and process plastic film products, plastic film sheets, plastic mesh films used to protect the surface of solar panels with a scale of 200 million products per year.

Illustrative image.

The investor registers to export 100% of products and are subject to regulations for export processing enterprises. The total investment capital of the project is 25 million USD, the implementation progress is 24 months from the date of issuance of the investment registration certificate.

Up to now, there are 513 valid investment projects in the industrial parks in Bac Giang province, including 397 foreign direct investment projects and 116 domestic investment projects with a total registered capital of 11 billion USD and more than 25 trillion VND. The realized investment capital reached more than 7.9 billion USD and more than 12.3 trillion VND.

According to the authorities, 460 of the 513 approved projects have come into operation, creating jobs for 222,000 laborers with an average income of about 8 million VND per month.

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