Dung Quat EZ and Quang Ngai Industrial Zones: Destination of FDI investors

Recently, not only big domestic corporations such as Hoa Phat, FLC, Vingroup ... but also a lot of foreign investors (FDI) have chosen Quang Ngai as their destination to expand production and business in Vietnam.

Many FDI investors share that Dung Quat Economic Zone and Quang Ngai Industrial Zones are the convergence of the elements "heavenly weather, favorable terrain, harmonious people", with convenient transport infrastructure, near the airport deep-sea ports ... meet the requirements of investors.

Welcome large-scale corporations

Recently, WHA Group leaders (Thailand) came to work with Dung Quat Economic Zone Management Board and Quang Ngai Industrial Zones to survey and explore project investment opportunities in Dung Quat EZ. This is one of the leading corporations in Thailand, doing business in 4 areas: Logistics, industrial park infrastructure development, energy and technology. In Vietnam, WHA Group is investing in WHA Hermaraj Industrial Park project in Nghe An, with a scale of 3,200ha, total investment of VND 22,000 billion.

WHA Group Vice President and CEO David R. N.Noneone said: The WHA Group is planning to expand its business strategy in Vietnam, with the goal of becoming an ideal investment location for companies. The company wants to start a business or expand production.

Through research, we want to invest in all 4 areas of logistics, industrial park infrastructure development, energy and technology in Dung Quat EZ. WHA has now developed more than 9 industrial parks, with a total area of about 7,800ha and 875,000m2 of factories for rent.

Not only the WHA Group, recently there have been many FDI investors coming to explore, explore opportunities and deploy investment activities in Dung Quat EZ and Quang Ngai Industrial Zones such as Daiwa Seiko Inc Corporation (Japan Version) survey of investment in sports equipment factory; Hoya Group (Japan) invests in DA Hoya Lens Vietnam Lens Factory 2 - Dung Quat ...

Destination for Korean investors

Among 13 countries and territories that have direct investment projects in Dung Quat EZ and Quang Ngai Industrial Zones, South Korea is the leading country with 13 projects with a total registered capital of over 584 million USD.

The first investor of Korea to invest in Dung Quat EZ, bringing great success is Doosan Vina. Doosan Vina's General Director Jeong Young Chil said: So far, Doosan Vina has been involved in producing products for 263 DA, with a total weight of over 386,000 tons.

These products currently operate in 33 countries and regions around the world. With an estimated annual revenue of US $ 200 million, Doosan Vina has contributed greatly to the budget revenue and enhances the export value of Quang Ngai.

“To achieve the achievements today, we are very proud of the team of Vietnamese engineers and workers. An important key in our operations is ongoing support and cooperation with the parent company's expert team in Korea to improve technology, design, safety, quality and production. In addition, Doosan Vina has also done a good job as a bridge, bringing other Korean businesses to Vietnam,”said Jeong Young Chil.

Due to the introduction from Doosan Vina and KOTRA - an agency of the Ministry of Trade, Industry and Energy of Korea, over the past time, many Korean investors have chosen Dung Quat EZ and Quang Ngai Industrial Zones to survey. In particular, Dae Young E&C Co., Ltd. and Kyung Woo EnC Vina Co., Ltd. came to survey and invest in DA Solar Power Plant.

LEOSCO International Limited, specializing in manufacturing and exporting high-class garments and stuffed animals, came to survey and research the factory investment in Dung Quat EZ.

Mr. Jeon Hyun Jung (Korea) asked to invest in the project of Binh Hoa Industrial Park - Binh Phuoc, with a total area of over 249ha. The project is completing the procedures to submit to the Prime Minister for decision on the policy. When this project is put into operation, with a clean land fund, modern and synchronous infrastructure, and associated services will be an opportunity to attract investment flows from Korea into Dung Quat EZ.

Deputy Director of Dung Quat Economic Zone Management Board and Quang Ngai Dam Minh Le Industrial Zones affirmed: “Quang Ngai and the Management Board look forward to continuing to cooperate more strongly with Korean investors and commit to creating all the most favorable conditions for Korean investors to operate successfully in Dung Quat EZ and Quang Ngai Industrial Zones ”.

Source Quangngai.gov.vn