Economics

Quang Nam's approval for two investment projects in the Thanh Ha industrial cluster

Translated by H.THU Oct 03, 2024 18:27

(QNO) - The Quang Nam provincial People’s Committee has recently issued decisions relating to two investment projects in the Thanh Ha Industrial Cluster (Hoi An).

A corner of the Thanh Ha Industrial Cluster
A corner of the Thanh Ha Industrial Cluster

Accordingly, Quang Nam has given the go-ahead to two investment projects.

The first is a VND-30 billion plant specialising in manufacturing and machining high-precision parts by Ohnoseiko Vietnam Co., Ltd. Covering an area of 6,887m². The plant is expected to have a production capacity of 150,000 products a year. The project is set to come into operation by November 2025.

Additionally, the province agreed to the wooden furniture manufacturing project by AZ Furniture Co., Ltd. with an investment of over VND 22 billion. Its total area is 7,500m². The plant is designed to produce 10,000 products a year (around 800 tonnes a year). It is anticipated that the project will be finished and operational by March or April of 2026.

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Quang Nam's approval for two investment projects in the Thanh Ha industrial cluster
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