September 04, 2008 | 21:54 (GMT+7)
Sanyo to build electronic component factory in Bac Giang province
Japanese electronics manufacturer Sanyo will break ground for an electronic component factory at the Quang Chau Industrial Zone in northern Bac Giang province on September 5...
Japanese electronics manufacturer Sanyo will break ground for an electronic component factory at the Quang Chau Industrial Zone in northern Bac Giang province on September 5.
The Sanyo-HQ Vietnam Electronic Component Co. Ltd said the 60,000sq.m factory will be built at an initial cost of 95 million USD and is scheduled for completion in 2010.
It is expected to generate 12,000 jobs and bring in more than 300 million USD per year from exports after three years of operation.
This will be Sanyo’s third factory in Vietnam, following its first to manufacture home electric appliances in the northern region and the second to produce digital cameras in the southern region.
The 426ha Quang Chau Industrial Zone, operated by the Kinh Bac Urban Development Joint Stock Company ( Kinh Bac City ), is the country’s leading IZ in attracting hi-tech projects.
Source: VNA