Over the years, Quang Ninh has consistently promoted administrative reforms, creating the most favorable conditions for investors and businesses to invest and operate production and business activities in the province with the motto "The success of businesses and investors is also the success of Quang Ninh". Thanks to favorable planning, policies, and guidelines, the province has become and continues to be a destination for many investors.
Recently, at the Song Khoai Industrial Park (Quang Yen Town), Lite-on Technology Group – one of the world's top 10 corporations specializing in the production of electronic components for computers, phones, etc. – commenced the first phase of the Lite-On Quang Ninh Factory Project. The project, built on a 30-hectare plot of land with a total investment of $690 million, specializes in the production of electronic components for computers, optical equipment and instruments, lighting equipment, communication equipment, and more. The project comprises two manufacturing plants and one office building.
The Lite-On Quang Ninh Factory project has a total capacity of nearly 124 million products per year. Phase 1 is expected to be completed in November 2025. Once operational, the project will bring significant benefits to the investor, contribute positively to increasing the value of industrial production and exports of the province, create more jobs and income for local workers, and increase revenue for the state budget.
Quang Ninh province is committed to creating the most favorable conditions for investors to accelerate construction progress and strive to complete the project ahead of schedule. At the same time, it will regularly monitor, inspect, and promptly support investors in resolving any difficulties that arise during the project implementation.
Following this, in Ha Long City, the Quang Ninh Provincial Economic Zone Management Board held a ceremony to award the investment certificate for the Avatar Vietnam Project, invested by Capital Land Group (Singapore) at land plots CN-XL-05 and CN-XL-10 on Road 6, Song Khoai Industrial Park. The project covers an area of 6.4 hectares, comprising 3 zones with 8 separate factory buildings and supporting facilities. The total investment capital is US$23.3 million, equivalent to nearly VND 600 billion. The project is expected to be completed and put into operation in January 2027, aiming to meet the needs of businesses for renting factory space, warehouses, offices, and other supporting facilities for production.
Over the years, with a favorable investment environment and streamlined, transparent, and efficient administrative procedures, Quang Ninh has attracted many domestic and foreign investors and businesses to explore and invest in the province. However, investment attraction has not yet matched the province's potential, advantages, and opportunities. Therefore, at the Standing Committee meeting of the Provincial Party Committee to hear reports on the situation and results of resolving difficulties, obstacles, bottlenecks, and bottlenecks related to key projects and works, both within and outside the budget, and industrial parks and clusters in the province, Comrade Vu Dai Thang, Member of the Central Committee of the Party and Secretary of the Provincial Party Committee, requested that all levels, sectors, and localities take more decisive action to resolve difficulties, obstacles, bottlenecks, and bottlenecks in order to unlock and release resources. At the same time, solutions must be implemented to provide more effective support to investors and businesses, creating the most favorable conditions for completing procedures for new investment projects. Departments, agencies, and localities must further strengthen coordination to thoroughly resolve remaining obstacles, and clarify the responsibilities of each agency and unit in the implementation process with the goal of best serving businesses and investors for development.
We are confident that, with continued administrative procedure reforms, the creation of a favorable investment and business environment, a dedicated commitment to businesses and investors, and close and effective guidance from the provincial level to the grassroots, Quang Ninh will continue to attract investment effectively, becoming a preferred destination for many investors, thereby contributing to the province's growth in 2025 and the following years.
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