Korean enterprises continue to invest 7.2 million USD in Tam Thang Industrial Park
OCC Vina Company (Korea) continues to invest 7.2 million USD to implement the Project of Factory producing supporting products for the packaging industry in Tam Thang Industrial Park, Quang Nam province.
On September 19, Chu Lai Industrial Park Infrastructure Development Company Limited (CIZIDCO) announced that it had just signed a Memorandum of Investment Agreement at Tam Thang Industrial Park with Oriental Commerce Vina Company Limited (OCC Vina, Korea).
Accordingly, OCC Vina Company will invest in the Project of Factory producing supporting products for the packaging industry in Tam Thang Industrial Park, with a total area of about 32,000 m2.
This project has a total investment capital of more than 182 billion VND; equivalent to 7.2 million USD.
According to CIZIDCO, the project will produce plastic tanks for electric batteries and plastic shelves. The project will complete legal procedures in the fourth quarter of 2024; construction will begin in the first quarter of 2025; construction will be completed in the fourth quarter of 2025 and the entire project will be put into operation.
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| Oriental Commerce Vina Co., Ltd. (Korea) signed a memorandum of agreement to expand investment in Tam Thang Industrial Park. |
According to CIZIDCO, OCC Vina has invested in Tam Thang Industrial Park, specializing in the production and distribution of wrapping films, transparent coatings and plastic products. This is the third time this enterprise has expanded its production in Quang Nam. The land area in Tam Thang Industrial Park for the project is available, and this enterprise is completing procedures to implement the investment and construction.
According to statistics, Tam Thang Industrial Park with a total area of 197 hectares has attracted 24 projects, including 20 FDI projects with a total registered capital of 749 million USD and 4 domestic projects with a total capital of 356.6 billion VND, the occupancy rate reached 71.7%.
Most of the enterprises in Tam Thang Industrial Park are investors from Korea, Germany, Hong Kong such as Panko Group, Hyosung Group, Fashion Garments, CTR, Amann, Wendler, Lisa Draxlmaier... The enterprises create jobs for 12,600 workers.
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