Groundbreaking ceremony of 200 million USD medical equipment factory in Lien Ha Thai Industrial Park

On the morning of March 5, at Lien Ha Thai Industrial Park, Pegavision Coporation Company started construction of a factory producing optical products and medical equipment. This is an event to welcome the Conference on Announcing the Planning of Thai Binh Province for the period 2021 - 2030, with a vision to 2050.

Pegavision Coporation Company built a factory to research, develop, manufacture and trade optical products and medical equipment, worth 200 million USD on an area of 10 hectares in Lien Ha Thai Industrial Park.

It is expected that in 2028, the factory will be operational, employing about 1,140 workers, producing 600 million products/year, with expected revenue of VND 2,808 billion/year, contributing about VND 82 billion/year to the state budget.

Deputy Prime Minister Tran Luu Quang, leaders of central ministries and branches, leaders of Thai Binh province, Green i-Park Company, Pegavision Corporation and contractors pressed the button to start the project. Photo: Phuong Lien

Pegavision Coporation was established in 2009 and is headquartered in Taiwan. It specializes in the research, development and production of soft contact lenses and medical optical equipment. This is a profession that uses high-tech, modern and environmentally friendly machinery. Pegavision Coporation is certified for quality by ISO13485, GMP, Japan FMA, Europe CE, Taiwan TFDA, China NMPA, US FDA... The company's products are supplied to the markets of Japan, Korea, the United States and Europe.

This is the 11th investor in Lien Ha Thai Industrial Park to start building a factory, 5 other projects are actively completing procedures to establish a legal entity, apply for construction permits to start construction in 2024. It is expected that by the end of this year, when all 16 projects come into operation and operate at 100% capacity, there will be a need for 39,600 workers, this is a large number that both creates jobs and contributes to shifting the workforce from agriculture to industry.

Construction Technology Application and Transfer Joint Stock Company (CJSC) is the contractor implementing the Project of Pegavision Coporation. It is known that CJSC is a professional contractor with 20 years of experience through 200 projects built in 50 industrial parks.

Deputy Prime Minister Tran Luu Quang, leaders of central ministries and branches, leaders of Thai Binh province and delegates attended the groundbreaking ceremony of Pegavision Factory at Lien Ha Thai Industrial Park. Photo: Phuong Lien

Speaking at the ceremony, Permanent Vice Chairman of Thai Binh Provincial People's Committee Nguyen Quang Hung said: This is an important event, chosen by the province to organize in the series of programs Announcing Thai Binh Provincial Planning, continuing to affirm and clearly demonstrate the results and efforts of the province in the past time, especially creating a spreading effect in attracting investment, creating new momentum and motivation for the development of the province right from the first days of the new spring.

Regarding the project that started today, the Standing Vice Chairman of Thai Binh Provincial People's Committee affirmed that this is a large-scale project with modern technology, in line with the investment attraction orientation of Thai Binh province. At the same time, he highly appreciated the investor's choice when deciding to develop the project at Lien Ha Thai Industrial Park. After deciding on the investment location, the investor actively implemented investment procedures to start the project.

The leaders of Thai Binh province also acknowledged and commended the efforts of departments, branches, Thai Thuy district, Green i-Park Joint Stock Company - the investor of Lien Ha Thai Industrial Park infrastructure, for coordinating and supporting investors in implementing the project.

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