(HBO) - Meiko Electronics Co., Ltd, a Japanese corporation, is implementing a 200 million USD project to build a factory producing various types of electronic circuits in the industrial zone on the left bank of the Da River, Hoa Binh city. At a meeting with the firm on June 8, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh province Party Committee, affirmed a consistent standpoint of always supporting and accompanying enterprises in effectively carrying out projects. He pledged to create maximum conditions for Meiko Electronics to successfully operate in the locality.
Nguyen Phi
Long, alternate member of the Party Central Committee and Secretary of the Hoa
Binh province Party Committee, receives a leader of Meiko Electronics Co., Ltd.
Atsushi Sakate, executive vice president of Meiko, said the corporation
has invested in building three electronic circuit manufacturing and PCB
assembly plants in Vietnam with a total investment of up to 500 million USD.
Such investment has so far created over 7,000 jobs and contributes
approximately 30 million USD to the state budget annually, he elaborated.
Covering 9.2ha, the ongoing electronic circuits
production project in Hoa Binh is set to also work on handling pollution,
collecting and treating wastewater, emission gas, and solid waste, and
recycling and reusing waste materials. It is approved to operate foru 50 years.
Meiko has planned to construct office buildings
and workshops between Q4 of 2022 and Q4, 2023; purchase, transport, and install
machinery and equipment as well as recruit and train employees in Q1 and Q2
next year; and conduct trial production and subsequently commence full-scale
operation from the next Q2 onward. The estimated number of workers to be
employed is around 3,000 by 2030. The projected contribution to the state
budget will be approximately 200 billion VND (8.5 million USD) per year when
the factory reaches its full production capacity in 2030.
Meiko said it hopes to continue receiving
support from the Hoa Binh authorities to successfully implement the project.
Chu Van Thang, head of the management board of
the provincial industrial zones, stated that the project is significant as it
promotes economic restructuring, addresses employment issues, contributes to
the state budget, and increases export value. Over the recent times, the
province has directed relevant departments and agencies to create favourable
conditions for its implementation in line with the plan, with Meiko’s proposals
resolved, Thang said.
Quach Tat Lien, Vice Chairman of the Provincial
People's Committee, pledged that the province will always accompany Meiko in
such a process by facilitating investment procedures and land provision for the
company to build worker accommodations.
He expressed his desire for the corporation to
closely follow the province's investment direction and expedite the
construction progress./.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
